Vesdal: 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.
Vesdal
Largest movements
- Receivables within one year -€19,468
down €19,468 (-47.0%), from €41,379 to €21,911
of which Trade receivables: -€19,679
- Cash +€12,880
up €12,880 (+32.2%), from €40,021 to €52,901
mainly Net result for the year (+€23,852) and Receivables within one year (+€19,468)
- Trade debts -€39,829
down €39,829 (-97.1%), from €41,029 to €1,200
- Reserves +€21,140
new in 2024: €21,140
of which Distributable reserves: +€21,000
- Accrued charges and deferred income +€15,109
up €15,109 (+300%), from €5,036 to €20,145
- Tax, wage and social debts -€5,720
down €5,720 (-15.9%), from €36,000 to €30,280
of which Remuneration and social security: -€17,285
- Profit (loss) carried forward +€2,712
up €2,712, from -€2,065 to €647
- Gross operating margin +€37,635
up €37,635, from -€1,036 to €36,599
- Taxes +€12,645
new in 2024: €12,645
- Depreciation -€1,029
no longer reported in 2024 (was €1,029)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,400 | €74,812 | -€6,588 | -8.1% |
| Current assets | 29/58 | €81,400 | €74,812 | -€6,588 | -8.1% |
| Amounts receivable within one year | 40/41 | €41,379 | €21,911 | -€19,468 | -47.0% |
| Trade receivables | 40 | €41,379 | €21,700 | -€19,679 | -47.6% |
| Other amounts receivable | 41 | - | €211 | +€211 | |
| Cash at bank and in hand | 54/58 | €40,021 | €52,901 | +€12,880 | +32.2% |
| Total equity and liabilities | 10/49 | €81,400 | €74,812 | -€6,588 | -8.1% |
| Equity | 10/15 | -€665 | €23,187 | +€23,852 | |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Reserves | 13 | - | €21,140 | +€21,140 | |
| Non-distributable reserves | 130/1 | - | €140 | +€140 | |
| Reserves not available under the articles | 1311 | - | €140 | +€140 | |
| Distributable reserves | 133 | - | €21,000 | +€21,000 | |
| Profit (loss) carried forward | 14 | -€2,065 | €647 | +€2,712 | |
| Amounts payable | 17/49 | €82,065 | €51,625 | -€30,440 | -37.1% |
| Amounts payable within one year | 42/48 | €77,029 | €31,480 | -€45,549 | -59.1% |
| Trade debts | 44 | €41,029 | €1,200 | -€39,829 | -97.1% |
| Suppliers | 440/4 | €41,029 | €1,200 | -€39,829 | -97.1% |
| Taxes, remuneration and social security | 45 | €36,000 | €30,280 | -€5,720 | -15.9% |
| Taxes | 450/3 | - | €11,565 | +€11,565 | |
| Remuneration and social security | 454/9 | €36,000 | €18,715 | -€17,285 | -48.0% |
| Accrued charges and deferred income | 492/3 | €5,036 | €20,145 | +€15,109 | +300% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,029 | - | -€1,029 | |
| Other operating charges | 640/8 | - | €6 | +€6 | |
| Gross operating margin | 9900 | -€1,036 | €36,599 | +€37,635 | |
| Operating profit (loss) | 9901 | -€2,065 | €36,593 | +€38,658 | |
| Financial charges | 65/66B | - | €96 | +€96 | |
| Recurring financial charges | 65 | - | €96 | +€96 | |
| Profit (loss) for the period before taxes | 9903 | -€2,065 | €36,497 | +€38,562 | |
| Income taxes | 67/77 | - | €12,645 | +€12,645 | |
| Profit (loss) for the period | 9904 | -€2,065 | €23,852 | +€25,917 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,065 | €23,852 | +€25,917 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.