Vetatrans: 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.
Vetatrans
Largest movements
- Tangible fixed assets +€134,226
up €134,226, from €0 to €134,226
- Receivables within one year +€7,041
up €7,041 (+23.4%), from €30,056 to €37,097
of which Other amounts receivable: +€7,490
- Deferred charges and accrued income -€4,036
down €4,036 (-95.3%), from €4,236 to €200
- Debts after one year +€96,264
new in 2025: €96,264
- Current portion of long-term debt +€17,744
new in 2025: €17,744
- Profit (loss) carried forward +€13,456
up €13,456, from -€10,827 to €2,629
- Other debts +€8,781
up €8,781 (+165%), from €5,306 to €14,086
- Depreciation -€12,131
down €12,131 (-78.7%), from €15,405 to €3,274
- Gross operating margin -€1,701
down €1,701 (-4.2%), from €40,444 to €38,742
- Other operating charges -€963
down €963 (-4.5%), from €21,533 to €20,570
- Financial charges +€912
up €912 (+172%), from €531 to €1,443
of which Financial charges: +€912
- Financial income -€637
down €637 (-100.0%), from €637 to €0
of which Financial income: -€629
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 | €51,592 | €188,336 | +€136,744 | +265% |
| Fixed assets | 21/28 | €2,585 | €136,946 | +€134,361 | +5,198% |
| Tangible fixed assets | 22/27 | €0 | €134,226 | +€134,226 | |
| Leasing and similar rights | 25 | €0 | €134,226 | +€134,226 | |
| Financial fixed assets | 28 | €2,585 | €2,720 | +€135 | +5.2% |
| Current assets | 29/58 | €49,007 | €51,389 | +€2,382 | +4.9% |
| Amounts receivable within one year | 40/41 | €30,056 | €37,097 | +€7,041 | +23.4% |
| Trade receivables | 40 | €30,055 | €29,606 | -€449 | -1.5% |
| Other amounts receivable | 41 | €0 | €7,491 | +€7,490 | +1,628,365% |
| Cash at bank and in hand | 54/58 | €14,715 | €14,092 | -€623 | -4.2% |
| Deferred charges and accrued income | 490/1 | €4,236 | €200 | -€4,036 | -95.3% |
| Total equity and liabilities | 10/49 | €51,592 | €188,336 | +€136,744 | +265% |
| Equity | 10/15 | €33,173 | €46,629 | +€13,456 | +40.6% |
| Contributions | 10/11 | €44,000 | €44,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,827 | €2,629 | +€13,456 | |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €18,419 | €141,706 | +€123,288 | +669% |
| Amounts payable after more than one year | 17 | - | €96,264 | +€96,264 | |
| Financial debts | 170/4 | - | €96,264 | +€96,264 | |
| Amounts payable within one year | 42/48 | €18,419 | €45,442 | +€27,023 | +147% |
| Current portion of amounts payable after more than one year | 42 | - | €17,744 | +€17,744 | |
| Trade debts | 44 | €9,282 | €10,912 | +€1,630 | +17.6% |
| Suppliers | 440/4 | €9,282 | €10,912 | +€1,630 | +17.6% |
| Taxes, remuneration and social security | 45 | €3,831 | €2,700 | -€1,131 | -29.5% |
| Taxes | 450/3 | €631 | - | -€631 | |
| Remuneration and social security | 454/9 | €3,200 | €2,700 | -€500 | -15.6% |
| Other amounts payable | 47/48 | €5,306 | €14,086 | +€8,781 | +165% |
| Non-recurring operating income | 76A | - | €17,489 | +€17,489 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,405 | €3,274 | -€12,131 | -78.7% |
| Other operating charges | 640/8 | €21,533 | €20,570 | -€963 | -4.5% |
| Non-recurring operating charges | 66A | €253 | - | -€253 | |
| Gross operating margin | 9900 | €40,444 | €38,742 | -€1,701 | -4.2% |
| Operating profit (loss) | 9901 | €3,253 | €14,899 | +€11,646 | +358% |
| Financial income | 75/76B | €637 | €0 | -€637 | -100.0% |
| Recurring financial income | 75 | €630 | €0 | -€629 | -100.0% |
| Non-recurring financial income | 76B | €8 | €0 | -€7 | -98.9% |
| Financial charges | 65/66B | €531 | €1,443 | +€912 | +172% |
| Recurring financial charges | 65 | €530 | €1,443 | +€912 | +172% |
| Non-recurring financial charges | 66B | €0 | €0 | -€0 | -69.4% |
| Profit (loss) for the period before taxes | 9903 | €3,359 | €13,456 | +€10,097 | +301% |
| Profit (loss) for the period | 9904 | €3,359 | €13,456 | +€10,097 | +301% |
| Profit (loss) for the period to be appropriated | 9905 | €3,359 | €13,456 | +€10,097 | +301% |
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 25 October 2026 via checked.be.