VET EMERGENCY: 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.
VET EMERGENCY
Largest movements
- Cash +€66,639
up €66,639 (+31.4%), from €212,048 to €278,687
mainly Net result for the year (+€184,489) and Receivables within one year (+€38,134)
- Receivables within one year -€38,134
down €38,134 (-59.7%), from €63,907 to €25,774
of which Other amounts receivable: -€30,853
- Deferred charges and accrued income -€6,512
down €6,512 (-55.0%), from €11,837 to €5,325
- Tax, wage and social debts -€29,604
down €29,604 (-25.9%), from €114,170 to €84,566
of which Taxes: -€58,944
- Profit (loss) carried forward +€19,489
up €19,489, from -€17,862 to €1,627
- Other debts +€18,926
up €18,926 (+12.8%), from €148,000 to €166,926
- Trade debts +€14,001
up €14,001 (+30.6%), from €45,771 to €59,772
- Current portion of long-term debt -€5,303
down €5,303 (-50.0%), from €10,601 to €5,298
- Staff costs +€102,156
up €102,156 (+36.6%), from €278,771 to €380,926
- Gross operating margin +€85,788
up €85,788 (+17.5%), from €491,502 to €577,290
- Taxes -€56,597
down €56,597 (-95.6%), from €59,213 to €2,616
- Depreciation -€6,862
down €6,862 (-61.6%), from €11,145 to €4,284
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 | €305,344 | €323,054 | +€17,710 | +5.8% |
| Fixed assets | 21/28 | €17,551 | €13,268 | -€4,284 | -24.4% |
| Intangible fixed assets | 21 | €1,185 | €1 | -€1,184 | -99.9% |
| Tangible fixed assets | 22/27 | €12,766 | €9,666 | -€3,100 | -24.3% |
| Plant, machinery and equipment | 23 | €3,374 | €1,734 | -€1,640 | -48.6% |
| Furniture and vehicles | 24 | €9,392 | €7,933 | -€1,460 | -15.5% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €287,792 | €309,786 | +€21,994 | +7.6% |
| Amounts receivable within one year | 40/41 | €63,907 | €25,774 | -€38,134 | -59.7% |
| Trade receivables | 40 | €17,754 | €10,473 | -€7,280 | -41.0% |
| Other amounts receivable | 41 | €46,153 | €15,300 | -€30,853 | -66.8% |
| Cash at bank and in hand | 54/58 | €212,048 | €278,687 | +€66,639 | +31.4% |
| Deferred charges and accrued income | 490/1 | €11,837 | €5,325 | -€6,512 | -55.0% |
| Total equity and liabilities | 10/49 | €305,344 | €323,054 | +€17,710 | +5.8% |
| Equity | 10/15 | -€17,862 | €1,627 | +€19,489 | |
| Profit (loss) carried forward | 14 | -€17,862 | €1,627 | +€19,489 | |
| Amounts payable | 17/49 | €323,205 | €321,427 | -€1,779 | -0.6% |
| Amounts payable after more than one year | 17 | €4,663 | €365 | -€4,298 | -92.2% |
| Financial debts | 170/4 | €4,663 | €365 | -€4,298 | -92.2% |
| Amounts payable within one year | 42/48 | €318,542 | €321,062 | +€2,519 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €10,601 | €5,298 | -€5,303 | -50.0% |
| Financial debts | 43 | - | €4,500 | +€4,500 | |
| Credit institutions | 430/8 | - | €4,500 | +€4,500 | |
| Trade debts | 44 | €45,771 | €59,772 | +€14,001 | +30.6% |
| Suppliers | 440/4 | €45,771 | €59,772 | +€14,001 | +30.6% |
| Taxes, remuneration and social security | 45 | €114,170 | €84,566 | -€29,604 | -25.9% |
| Taxes | 450/3 | €76,793 | €17,849 | -€58,944 | -76.8% |
| Remuneration and social security | 454/9 | €37,377 | €66,718 | +€29,340 | +78.5% |
| Other amounts payable | 47/48 | €148,000 | €166,926 | +€18,926 | +12.8% |
| Remuneration, social security and pensions | 62 | €278,771 | €380,926 | +€102,156 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,145 | €4,284 | -€6,862 | -61.6% |
| Other operating charges | 640/8 | €1,596 | €1,482 | -€114 | -7.1% |
| Gross operating margin | 9900 | €491,502 | €577,290 | +€85,788 | +17.5% |
| Operating profit (loss) | 9901 | €199,990 | €190,598 | -€9,392 | -4.7% |
| Financial income | 75/76B | €71 | €997 | +€925 | +1,295% |
| Recurring financial income | 75 | €71 | €997 | +€925 | +1,295% |
| Financial charges | 65/66B | €4,404 | €4,490 | +€86 | +1.9% |
| Recurring financial charges | 65 | €4,404 | €4,490 | +€86 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €195,657 | €187,104 | -€8,553 | -4.4% |
| Income taxes | 67/77 | €59,213 | €2,616 | -€56,597 | -95.6% |
| Profit (loss) for the period | 9904 | €136,445 | €184,489 | +€48,044 | +35.2% |
| Transfer from tax-exempt reserves | 789 | €5,694 | - | -€5,694 | |
| Profit (loss) for the period to be appropriated | 9905 | €142,138 | €184,489 | +€42,350 | +29.8% |
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 30 October 2026 via checked.be.