VET SHOPS: 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 SHOPS
Largest movements
- Cash +€74,575
up €74,575 (+274%), from €27,170 to €101,745
mainly Net result for the year (+€159,502) and Depreciation (+€45,716)
- Receivables within one year +€29,946
up €29,946 (+6.7%), from €444,550 to €474,496
of which Trade receivables: +€30,590
- Stocks and contracts +€19,290
up €19,290 (+12.8%), from €150,337 to €169,627
- Reserves +€157,094
up €157,094 (+2,554%), from €6,150 to €163,244
of which Distributable reserves: +€157,094
- Advances received -€20,295
down €20,295 (-100%), from €20,295 to €0
- Tax, wage and social debts +€18,753
up €18,753 (+70.7%), from €26,541 to €45,294
of which Taxes: +€45,225
- Other debts -€14,471
down €14,471 (-5.8%), from €251,471 to €237,000
- Trade debts -€14,463
down €14,463 (-4.6%), from €312,270 to €297,807
- Gross operating margin +€195,012
up €195,012 (+87.7%), from €222,309 to €417,320
- Taxes +€48,970
up €48,970 (+10,336%), from €474 to €49,444
- Staff costs -€14,195
down €14,195 (-8.8%), from €161,567 to €147,372
- Depreciation -€13,731
down €13,731 (-23.1%), from €59,447 to €45,716
- Financial charges +€7,894
up €7,894 (+138%), from €5,711 to €13,605
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 | €709,630 | €826,731 | +€117,100 | +16.5% |
| Fixed assets | 21/28 | €82,079 | €74,623 | -€7,456 | -9.1% |
| Intangible fixed assets | 21 | €64,485 | €61,481 | -€3,004 | -4.7% |
| Tangible fixed assets | 22/27 | €17,469 | €13,017 | -€4,451 | -25.5% |
| Plant, machinery and equipment | 23 | €1,280 | €706 | -€574 | -44.8% |
| Furniture and vehicles | 24 | €16,188 | €12,311 | -€3,878 | -24.0% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €627,551 | €752,107 | +€124,556 | +19.8% |
| Stocks and contracts in progress | 3 | €150,337 | €169,627 | +€19,290 | +12.8% |
| Stocks | 30/36 | €150,337 | €169,627 | +€19,290 | +12.8% |
| Amounts receivable within one year | 40/41 | €444,550 | €474,496 | +€29,946 | +6.7% |
| Trade receivables | 40 | €433,243 | €463,833 | +€30,590 | +7.1% |
| Other amounts receivable | 41 | €11,306 | €10,663 | -€644 | -5.7% |
| Cash at bank and in hand | 54/58 | €27,170 | €101,745 | +€74,575 | +274% |
| Deferred charges and accrued income | 490/1 | €5,495 | €6,240 | +€745 | +13.6% |
| Total equity and liabilities | 10/49 | €709,630 | €826,731 | +€117,100 | +16.5% |
| Equity | 10/15 | €65,241 | €224,744 | +€159,502 | +244% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €163,244 | +€157,094 | +2,554% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | - | €157,094 | +€157,094 | |
| Profit (loss) carried forward | 14 | -€2,409 | €0 | +€2,409 | |
| Amounts payable | 17/49 | €644,389 | €601,987 | -€42,402 | -6.6% |
| Amounts payable after more than one year | 17 | €13,045 | €9,212 | -€3,833 | -29.4% |
| Financial debts | 170/4 | €13,045 | €9,212 | -€3,833 | -29.4% |
| Amounts payable within one year | 42/48 | €614,258 | €583,934 | -€30,324 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €3,681 | €3,833 | +€152 | +4.1% |
| Trade debts | 44 | €312,270 | €297,807 | -€14,463 | -4.6% |
| Suppliers | 440/4 | €312,270 | €297,807 | -€14,463 | -4.6% |
| Advances received on contracts in progress | 46 | €20,295 | €0 | -€20,295 | -100% |
| Taxes, remuneration and social security | 45 | €26,541 | €45,294 | +€18,753 | +70.7% |
| Taxes | 450/3 | €69 | €45,294 | +€45,225 | +65,955% |
| Remuneration and social security | 454/9 | €26,473 | €0 | -€26,473 | -100% |
| Other amounts payable | 47/48 | €251,471 | €237,000 | -€14,471 | -5.8% |
| Accrued charges and deferred income | 492/3 | €17,087 | €8,842 | -€8,245 | -48.3% |
| Remuneration, social security and pensions | 62 | €161,567 | €147,372 | -€14,195 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,447 | €45,716 | -€13,731 | -23.1% |
| Other operating charges | 640/8 | €1,248 | €1,692 | +€444 | +35.5% |
| Gross operating margin | 9900 | €222,309 | €417,320 | +€195,012 | +87.7% |
| Operating profit (loss) | 9901 | €46 | €222,541 | +€222,494 | +478,791% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €5,711 | €13,605 | +€7,894 | +138% |
| Recurring financial charges | 65 | €5,711 | €13,605 | +€7,894 | +138% |
| Profit (loss) for the period before taxes | 9903 | -€5,664 | €208,946 | +€214,610 | |
| Income taxes | 67/77 | €474 | €49,444 | +€48,970 | +10,336% |
| Profit (loss) for the period | 9904 | -€6,138 | €159,502 | +€165,640 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,138 | €159,502 | +€165,640 |
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 18 October 2026 via checked.be.