VES DEELIKATES: 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.
VES DEELIKATES
Largest movements
- Tangible fixed assets +€32,161
up €32,161 (+1,604%), from €2,005 to €34,166
of which Plant, machinery and equipment: +€24,749
- Receivables within one year -€29,969
down €29,969 (-72.0%), from €41,635 to €11,666
of which Other amounts receivable: -€20,077
- Financial fixed assets -€2,000
down €2,000 (-93.9%), from €2,130 to €130
- Trade debts +€18,058
up €18,058 (+20.1%), from €89,850 to €107,908
- Profit (loss) carried forward -€16,801
down €16,801 (-92.4%), from -€18,184 to -€34,985
- Accrued charges and deferred income +€6,000
new in 2025: €6,000
- Tax, wage and social debts -€5,798
down €5,798 (-66.1%), from €8,765 to €2,967
- Financial charges -€5,687
down €5,687 (-74.4%), from €7,642 to €1,955
- Depreciation +€2,481
up €2,481 (+144%), from €1,725 to €4,206
- Gross operating margin +€1,010
up €1,010 (+10.7%), from -€9,456 to -€8,446
- Staff costs +€725
new in 2025: €725
- Financial income +€679
up €679 (+182%), from €372 to €1,051
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 | €94,691 | €96,151 | +€1,459 | +1.5% |
| Fixed assets | 21/28 | €4,135 | €34,296 | +€30,161 | +729% |
| Tangible fixed assets | 22/27 | €2,005 | €34,166 | +€32,161 | +1,604% |
| Land and buildings | 22 | - | €1,743 | +€1,743 | |
| Plant, machinery and equipment | 23 | €2,005 | €26,755 | +€24,749 | +1,234% |
| Furniture and vehicles | 24 | €0 | €5,669 | +€5,669 | |
| Financial fixed assets | 28 | €2,130 | €130 | -€2,000 | -93.9% |
| Current assets | 29/58 | €90,556 | €61,854 | -€28,702 | -31.7% |
| Stocks and contracts in progress | 3 | €46,702 | €47,636 | +€934 | +2.0% |
| Stocks | 30/36 | €46,702 | €47,636 | +€934 | +2.0% |
| Amounts receivable within one year | 40/41 | €41,635 | €11,666 | -€29,969 | -72.0% |
| Trade receivables | 40 | €9,983 | €91 | -€9,892 | -99.1% |
| Other amounts receivable | 41 | €31,652 | €11,575 | -€20,077 | -63.4% |
| Cash at bank and in hand | 54/58 | €2,219 | €2,552 | +€333 | +15.0% |
| Total equity and liabilities | 10/49 | €94,691 | €96,151 | +€1,459 | +1.5% |
| Equity | 10/15 | -€3,924 | -€20,725 | -€16,801 | -428% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€18,184 | -€34,985 | -€16,801 | -92.4% |
| Amounts payable | 17/49 | €98,615 | €116,875 | +€18,260 | +18.5% |
| Amounts payable within one year | 42/48 | €98,615 | €110,875 | +€12,260 | +12.4% |
| Trade debts | 44 | €89,850 | €107,908 | +€18,058 | +20.1% |
| Suppliers | 440/4 | €89,850 | €107,908 | +€18,058 | +20.1% |
| Taxes, remuneration and social security | 45 | €8,765 | €2,967 | -€5,798 | -66.1% |
| Taxes | 450/3 | €8,765 | €2,967 | -€5,798 | -66.1% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | - | €725 | +€725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,725 | €4,206 | +€2,481 | +144% |
| Other operating charges | 640/8 | €1,641 | €1,983 | +€342 | +20.8% |
| Gross operating margin | 9900 | -€9,456 | -€8,446 | +€1,010 | +10.7% |
| Operating profit (loss) | 9901 | -€12,823 | -€15,361 | -€2,538 | -19.8% |
| Financial income | 75/76B | €372 | €1,051 | +€679 | +182% |
| Recurring financial income | 75 | €372 | €1,051 | +€679 | +182% |
| Financial charges | 65/66B | €7,642 | €1,955 | -€5,687 | -74.4% |
| Recurring financial charges | 65 | €7,642 | €1,955 | -€5,687 | -74.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,093 | -€16,264 | +€3,828 | +19.1% |
| Income taxes | 67/77 | €389 | €536 | +€147 | +37.9% |
| Profit (loss) for the period | 9904 | -€20,482 | -€16,801 | +€3,681 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,482 | -€16,801 | +€3,681 | +18.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.