VET&GO Services: 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&GO Services
Largest movements
- Receivables within one year +€550,911
up €550,911 (+1,327%), from €41,513 to €592,424
of which Trade receivables: +€550,357
- Cash +€454,253
up €454,253 (+279%), from €163,027 to €617,280
mainly Trade debts (+€563,079) and Debts after one year (+€250,333)
- Tangible fixed assets +€176,508
up €176,508 (+18.2%), from €970,363 to €1.1m
of which Leasing and similar rights: +€142,501
- Trade debts +€563,079
up €563,079 (+203%), from €277,246 to €840,325
- Debts after one year +€250,333
up €250,333 (+38.1%), from €657,285 to €907,618
- Profit (loss) carried forward +€222,923
up €222,923 (+79.1%), from €281,777 to €504,701
- Contributions +€126,858
up €126,858 (+634%), from €20,000 to €146,858
- Other debts -€49,697
down €49,697 (-70.0%), from €71,015 to €21,318
- Gross operating margin +€384,176
up €384,176 (+187%), from €205,490 to €589,666
- Depreciation +€98,756
up €98,756 (+93.1%), from €106,075 to €204,832
- Taxes +€74,332
up €74,332 (+937%), from €7,933 to €82,265
- Financial charges +€6,399
up €6,399 (+20.1%), from €31,820 to €38,219
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 | €1,515,535 | €2,654,784 | +€1.1m | +75.2% |
| Fixed assets | 21/28 | €1,064,244 | €1,220,992 | +€156,748 | +14.7% |
| Intangible fixed assets | 21 | €93,656 | €73,896 | -€19,760 | -21.1% |
| Tangible fixed assets | 22/27 | €970,363 | €1,146,871 | +€176,508 | +18.2% |
| Land and buildings | 22 | €463,889 | €437,691 | -€26,198 | -5.6% |
| Plant, machinery and equipment | 23 | €406,795 | €438,854 | +€32,059 | +7.9% |
| Furniture and vehicles | 24 | €3,325 | - | -€3,325 | |
| Leasing and similar rights | 25 | €73,349 | €215,850 | +€142,501 | +194% |
| Other tangible fixed assets | 26 | €23,005 | €54,476 | +€31,471 | +137% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €451,291 | €1,433,792 | +€982,501 | +218% |
| Stocks and contracts in progress | 3 | €239,591 | €222,636 | -€16,955 | -7.1% |
| Stocks | 30/36 | €239,591 | €222,636 | -€16,955 | -7.1% |
| Amounts receivable within one year | 40/41 | €41,513 | €592,424 | +€550,911 | +1,327% |
| Trade receivables | 40 | €1,446 | €551,803 | +€550,357 | +38,062% |
| Other amounts receivable | 41 | €40,067 | €40,621 | +€554 | +1.4% |
| Cash at bank and in hand | 54/58 | €163,027 | €617,280 | +€454,253 | +279% |
| Deferred charges and accrued income | 490/1 | €7,161 | €1,452 | -€5,708 | -79.7% |
| Total equity and liabilities | 10/49 | €1,515,535 | €2,654,784 | +€1.1m | +75.2% |
| Equity | 10/15 | €301,777 | €651,559 | +€349,782 | +116% |
| Contributions | 10/11 | €20,000 | €146,858 | +€126,858 | +634% |
| Contributions outside capital | 11 | €20,000 | €146,858 | +€126,858 | +634% |
| Other | 1109/19 | €20,000 | €146,858 | +€126,858 | +634% |
| Profit (loss) carried forward | 14 | €281,777 | €504,701 | +€222,923 | +79.1% |
| Amounts payable | 17/49 | €1,213,757 | €2,003,225 | +€789,467 | +65.0% |
| Amounts payable after more than one year | 17 | €657,285 | €907,618 | +€250,333 | +38.1% |
| Financial debts | 170/4 | €657,285 | €907,618 | +€250,333 | +38.1% |
| Amounts payable within one year | 42/48 | €556,472 | €1,095,607 | +€539,135 | +96.9% |
| Current portion of amounts payable after more than one year | 42 | €112,918 | €144,359 | +€31,441 | +27.8% |
| Financial debts | 43 | €15,235 | - | -€15,235 | |
| Credit institutions | 430/8 | €15,235 | - | -€15,235 | |
| Trade debts | 44 | €277,246 | €840,325 | +€563,079 | +203% |
| Suppliers | 440/4 | €277,246 | €840,325 | +€563,079 | +203% |
| Taxes, remuneration and social security | 45 | €80,057 | €89,604 | +€9,547 | +11.9% |
| Taxes | 450/3 | €75,069 | €82,584 | +€7,515 | +10.0% |
| Remuneration and social security | 454/9 | €4,987 | €7,020 | +€2,032 | +40.8% |
| Other amounts payable | 47/48 | €71,015 | €21,318 | -€49,697 | -70.0% |
| Remuneration, social security and pensions | 62 | €36,434 | €36,428 | -€6 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,075 | €204,832 | +€98,756 | +93.1% |
| Other operating charges | 640/8 | €6,160 | €5,002 | -€1,158 | -18.8% |
| Gross operating margin | 9900 | €205,490 | €589,666 | +€384,176 | +187% |
| Operating profit (loss) | 9901 | €56,820 | €343,404 | +€286,583 | +504% |
| Financial income | 75/76B | €91 | €3 | -€89 | -97.0% |
| Recurring financial income | 75 | €91 | €3 | -€89 | -97.0% |
| Financial charges | 65/66B | €31,820 | €38,219 | +€6,399 | +20.1% |
| Recurring financial charges | 65 | €31,820 | €38,219 | +€6,399 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €25,092 | €305,188 | +€280,096 | +1,116% |
| Income taxes | 67/77 | €7,933 | €82,265 | +€74,332 | +937% |
| Profit (loss) for the period | 9904 | €17,159 | €222,923 | +€205,764 | +1,199% |
| Profit (loss) for the period to be appropriated | 9905 | €17,159 | €222,923 | +€205,764 | +1,199% |
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.