VESDRE TRANSPORT: 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.
VESDRE TRANSPORT
Largest movements
- Receivables within one year +€1,435
new in 2025: €1,435
- Intangible fixed assets -€714
no longer reported in 2025 (was €714)
- Cash +€154
up €154 (+60.6%), from €254 to €408
- Deferred charges and accrued income +€37
new in 2025: €37
- Other debts +€2,220
up €2,220 (+522%), from €425 to €2,645
- Profit (loss) carried forward -€2,070
down €2,070 (-43.7%), from -€4,732 to -€6,802
- Trade debts +€458
up €458 (+167%), from €275 to €733
- Tax, wage and social debts +€304
new in 2025: €304
- Other operating charges +€1,074
new in 2025: €1,074
- Gross operating margin +€827
up €827, from -€465 to €362
- Financial charges -€104
down €104 (-53.1%), from €196 to €92
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €968 | €1,880 | +€912 | +94.2% |
| Fixed assets | 21/28 | €714 | - | -€714 | |
| Intangible fixed assets | 21 | €714 | - | -€714 | |
| Current assets | 29/58 | €254 | €1,880 | +€1,626 | +640% |
| Amounts receivable within one year | 40/41 | - | €1,435 | +€1,435 | |
| Trade receivables | 40 | - | €1,435 | +€1,435 | |
| Cash at bank and in hand | 54/58 | €254 | €408 | +€154 | +60.6% |
| Deferred charges and accrued income | 490/1 | - | €37 | +€37 | |
| Total equity and liabilities | 10/49 | €968 | €1,880 | +€912 | +94.2% |
| Equity | 10/15 | €268 | -€1,802 | -€2,070 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,732 | -€6,802 | -€2,070 | -43.7% |
| Amounts payable | 17/49 | €700 | €3,682 | +€2,982 | +426% |
| Amounts payable within one year | 42/48 | €700 | €3,682 | +€2,982 | +426% |
| Trade debts | 44 | €275 | €733 | +€458 | +167% |
| Suppliers | 440/4 | €275 | €733 | +€458 | +167% |
| Taxes, remuneration and social security | 45 | - | €304 | +€304 | |
| Taxes | 450/3 | - | €304 | +€304 | |
| Other amounts payable | 47/48 | €425 | €2,645 | +€2,220 | +522% |
| Other operating charges | 640/8 | - | €1,074 | +€1,074 | |
| Gross operating margin | 9900 | -€465 | €362 | +€827 | |
| Operating profit (loss) | 9901 | -€465 | -€712 | -€247 | -53.1% |
| Financial charges | 65/66B | €196 | €92 | -€104 | -53.1% |
| Recurring financial charges | 65 | €196 | €92 | -€104 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | -€661 | -€804 | -€143 | -21.6% |
| Profit (loss) for the period | 9904 | -€661 | -€804 | -€143 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€661 | -€804 | -€143 | -21.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.