VERITASVET: 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.
VERITASVET
Largest movements
- Cash +€37,995
up €37,995 (+147%), from €25,797 to €63,792
mainly Trade debts (+€59,400) and Other debts (+€6,404)
- Receivables within one year +€16,808
up €16,808 (+2,238%), from €751 to €17,559
of which Trade receivables: +€17,090
- Deferred charges and accrued income +€1,174
new in 2025: €1,174
- Trade debts +€59,400
up €59,400 (+4,727%), from €1,257 to €60,656
- Profit (loss) carried forward -€13,288
down €13,288 (-69.8%), from -€19,026 to -€32,314
- Other debts +€6,404
up €6,404 (+24.9%), from €25,718 to €32,122
- Tax, wage and social debts +€3,461
new in 2025: €3,461
of which Remuneration and social security: +€2,931
- Gross operating margin -€9,938
down €9,938, from €3,148 to -€6,790
- Other operating charges +€2,947
new in 2025: €2,947
- Financial charges +€2,129
up €2,129 (+238%), from €894 to €3,023
- Taxes +€527
new in 2025: €527
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 | €26,548 | €82,525 | +€55,977 | +211% |
| Current assets | 29/58 | €26,548 | €82,525 | +€55,977 | +211% |
| Amounts receivable within one year | 40/41 | €751 | €17,559 | +€16,808 | +2,238% |
| Trade receivables | 40 | €10 | €17,099 | +€17,090 | +177,279% |
| Other amounts receivable | 41 | €741 | €460 | -€282 | -38.0% |
| Cash at bank and in hand | 54/58 | €25,797 | €63,792 | +€37,995 | +147% |
| Deferred charges and accrued income | 490/1 | - | €1,174 | +€1,174 | |
| Total equity and liabilities | 10/49 | €26,548 | €82,525 | +€55,977 | +211% |
| Equity | 10/15 | -€426 | -€13,714 | -€13,288 | -3,116% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,026 | -€32,314 | -€13,288 | -69.8% |
| Amounts payable | 17/49 | €26,975 | €96,239 | +€69,265 | +257% |
| Amounts payable within one year | 42/48 | €26,975 | €96,239 | +€69,265 | +257% |
| Trade debts | 44 | €1,257 | €60,656 | +€59,400 | +4,727% |
| Suppliers | 440/4 | €1,257 | €60,656 | +€59,400 | +4,727% |
| Taxes, remuneration and social security | 45 | - | €3,461 | +€3,461 | |
| Taxes | 450/3 | - | €530 | +€530 | |
| Remuneration and social security | 454/9 | - | €2,931 | +€2,931 | |
| Other amounts payable | 47/48 | €25,718 | €32,122 | +€6,404 | +24.9% |
| Other operating charges | 640/8 | - | €2,947 | +€2,947 | |
| Gross operating margin | 9900 | €3,148 | -€6,790 | -€9,938 | |
| Operating profit (loss) | 9901 | €3,148 | -€9,737 | -€12,885 | |
| Financial charges | 65/66B | €894 | €3,023 | +€2,129 | +238% |
| Recurring financial charges | 65 | €894 | €3,023 | +€2,129 | +238% |
| Profit (loss) for the period before taxes | 9903 | €2,254 | -€12,761 | -€15,015 | |
| Income taxes | 67/77 | - | €527 | +€527 | |
| Profit (loss) for the period | 9904 | €2,254 | -€13,288 | -€15,542 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,254 | -€13,288 | -€15,542 |
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 23 October 2026 via checked.be.