VEOSE SPRL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VEOSE SPRL
Largest movements
- Cash -€13,131
down €13,131 (-37.8%), from €34,749 to €21,618
mainly Net result for the year (-€22,930) and Other debts (-€20,000)
- Tangible fixed assets -€8,608
down €8,608 (-12.6%), from €68,540 to €59,932
of which Other tangible fixed assets: -€7,721
- Receivables within one year -€7,150
down €7,150 (-33.0%), from €21,681 to €14,530
of which Other amounts receivable: -€21,499
- Stocks and contracts +€5,859
up €5,859 (+37.5%), from €15,606 to €21,465
- Profit (loss) carried forward -€22,930
down €22,930, from €13,360 to -€9,570
- Other debts -€20,000
no longer reported in 2025 (was €20,000)
- Tax, wage and social debts +€18,821
up €18,821 (+39.2%), from €48,026 to €66,847
of which Remuneration and social security: +€16,565
- Accrued charges and deferred income +€3,787
new in 2025: €3,787
- Trade debts -€1,866
down €1,866 (-16.7%), from €11,149 to €9,283
- Staff costs +€44,569
up €44,569 (+12.5%), from €356,576 to €401,145
- Gross operating margin +€6,503
up €6,503 (+1.7%), from €383,504 to €390,006
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,535 | €120,347 | -€22,188 | -15.6% |
| Fixed assets | 21/28 | €68,809 | €60,201 | -€8,608 | -12.5% |
| Tangible fixed assets | 22/27 | €68,540 | €59,932 | -€8,608 | -12.6% |
| Furniture and vehicles | 24 | €2,835 | €1,948 | -€887 | -31.3% |
| Other tangible fixed assets | 26 | €65,705 | €57,984 | -€7,721 | -11.8% |
| Financial fixed assets | 28 | €269 | €269 | = | 0.0% |
| Current assets | 29/58 | €73,726 | €60,146 | -€13,580 | -18.4% |
| Stocks and contracts in progress | 3 | €15,606 | €21,465 | +€5,859 | +37.5% |
| Stocks | 30/36 | €15,606 | €21,465 | +€5,859 | +37.5% |
| Amounts receivable within one year | 40/41 | €21,681 | €14,530 | -€7,150 | -33.0% |
| Trade receivables | 40 | €92 | €14,440 | +€14,348 | +15,664% |
| Other amounts receivable | 41 | €21,589 | €91 | -€21,499 | -99.6% |
| Cash at bank and in hand | 54/58 | €34,749 | €21,618 | -€13,131 | -37.8% |
| Deferred charges and accrued income | 490/1 | €1,690 | €2,533 | +€843 | +49.9% |
| Total equity and liabilities | 10/49 | €142,535 | €120,347 | -€22,188 | -15.6% |
| Equity | 10/15 | €63,360 | €40,430 | -€22,930 | -36.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,360 | -€9,570 | -€22,930 | |
| Amounts payable | 17/49 | €79,175 | €79,917 | +€742 | +0.9% |
| Amounts payable within one year | 42/48 | €79,175 | €76,130 | -€3,045 | -3.8% |
| Trade debts | 44 | €11,149 | €9,283 | -€1,866 | -16.7% |
| Suppliers | 440/4 | €11,149 | €9,283 | -€1,866 | -16.7% |
| Taxes, remuneration and social security | 45 | €48,026 | €66,847 | +€18,821 | +39.2% |
| Taxes | 450/3 | €9,220 | €11,476 | +€2,257 | +24.5% |
| Remuneration and social security | 454/9 | €38,806 | €55,371 | +€16,565 | +42.7% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Accrued charges and deferred income | 492/3 | - | €3,787 | +€3,787 | |
| Remuneration, social security and pensions | 62 | €356,576 | €401,145 | +€44,569 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,006 | €8,608 | +€602 | +7.5% |
| Other operating charges | 640/8 | €3,332 | €2,294 | -€1,037 | -31.1% |
| Gross operating margin | 9900 | €383,504 | €390,006 | +€6,503 | +1.7% |
| Operating profit (loss) | 9901 | €15,589 | -€22,042 | -€37,631 | |
| Financial income | 75/76B | €16 | €49 | +€33 | +207% |
| Recurring financial income | 75 | €16 | €49 | +€33 | +207% |
| Financial charges | 65/66B | €2,123 | €470 | -€1,653 | -77.9% |
| Recurring financial charges | 65 | €2,123 | €470 | -€1,653 | -77.9% |
| Profit (loss) for the period before taxes | 9903 | €13,482 | -€22,463 | -€35,945 | |
| Income taxes | 67/77 | €278 | €467 | +€189 | +68.1% |
| Profit (loss) for the period | 9904 | €13,204 | -€22,930 | -€36,134 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,204 | -€22,930 | -€36,134 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.