VEPARK: what changed
VEPARK
Largest movements
- Cash +€140,680
up €140,680 (+545%), from €25,812 to €166,492
mainly Net result for the year (+€84,131) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-5.3%), from €950,000 to €900,000
- Reserves +€102,131
up €102,131 (+11.5%), from €890,270 to €992,401
- Contributions -€18,000
down €18,000 (-9.1%), from €198,000 to €180,000
- Financial income -€9,985
down €9,985 (-36.6%), from €27,252 to €17,267
- Taxes -€3,872
down €3,872 (-10.5%), from €36,881 to €33,009
- Gross operating margin -€3,690
down €3,690 (-2.9%), from €126,457 to €122,767
- Financial charges -€1,571
down €1,571 (-6.9%), from €22,624 to €21,053
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,399,296 | €1,500,639 | +€101,343 | +7.2% |
| Fixed assets | 21/28 | €420,404 | €420,404 | = | 0.0% |
| Tangible fixed assets | 22/27 | €420,404 | €420,404 | = | 0.0% |
| Land and buildings | 22 | €420,404 | €420,404 | = | 0.0% |
| Current assets | 29/58 | €978,892 | €1,080,235 | +€101,343 | +10.4% |
| Amounts receivable within one year | 40/41 | €3,080 | €13,743 | +€10,663 | +346% |
| Trade receivables | 40 | - | €10,276 | +€10,276 | |
| Other amounts receivable | 41 | €3,080 | €3,467 | +€387 | +12.6% |
| Current investments | 50/53 | €950,000 | €900,000 | -€50,000 | -5.3% |
| Cash at bank and in hand | 54/58 | €25,812 | €166,492 | +€140,680 | +545% |
| Total equity and liabilities | 10/49 | €1,399,296 | €1,500,639 | +€101,343 | +7.2% |
| Equity | 10/15 | €1,089,573 | €1,173,704 | +€84,131 | +7.7% |
| Contributions | 10/11 | €198,000 | €180,000 | -€18,000 | -9.1% |
| Reserves | 13 | €890,270 | €992,401 | +€102,131 | +11.5% |
| Distributable reserves | 133 | €890,270 | €992,401 | +€102,131 | +11.5% |
| Profit (loss) carried forward | 14 | €1,303 | €1,303 | = | 0.0% |
| Amounts payable | 17/49 | €309,723 | €326,935 | +€17,212 | +5.6% |
| Amounts payable after more than one year | 17 | €251,800 | €251,800 | = | 0.0% |
| Financial debts | 170/4 | €251,800 | €251,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,923 | €75,135 | +€17,212 | +29.7% |
| Trade debts | 44 | €33 | €2,742 | +€2,710 | +8,263% |
| Suppliers | 440/4 | €33 | €2,742 | +€2,710 | +8,263% |
| Taxes, remuneration and social security | 45 | €8,609 | €8,181 | -€428 | -5.0% |
| Taxes | 450/3 | €8,609 | €8,181 | -€428 | -5.0% |
| Other amounts payable | 47/48 | €49,282 | €64,212 | +€14,930 | +30.3% |
| Other operating charges | 640/8 | €1,787 | €1,841 | +€54 | +3.0% |
| Gross operating margin | 9900 | €126,457 | €122,767 | -€3,690 | -2.9% |
| Operating profit (loss) | 9901 | €124,670 | €120,926 | -€3,744 | -3.0% |
| Financial income | 75/76B | €27,252 | €17,267 | -€9,985 | -36.6% |
| Recurring financial income | 75 | €27,252 | €17,267 | -€9,985 | -36.6% |
| Financial charges | 65/66B | €22,624 | €21,053 | -€1,571 | -6.9% |
| Recurring financial charges | 65 | €22,624 | €21,053 | -€1,571 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €129,298 | €117,140 | -€12,158 | -9.4% |
| Income taxes | 67/77 | €36,881 | €33,009 | -€3,872 | -10.5% |
| Profit (loss) for the period | 9904 | €92,417 | €84,131 | -€8,285 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €92,417 | €84,131 | -€8,285 | -9.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.