Vetbox: what changed
Two fiscal 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.
Vetbox
Largest movements
- Tangible fixed assets +€65,652
up €65,652 (+825.6%), from €7,952 to €73,604
- Cash +€53,093
up €53,093 (+124.3%), from €42,710 to €95,803
mainly Net result for the year (+€77,037) and Debts after one year (+€55,067)
- Receivables within one year +€25,333
up €25,333 (+125.2%), from €20,231 to €45,565
of which Trade receivables: +€12,704
- Profit (loss) carried forward +€75,371
up €75,371 (+150.1%), from €50,212 to €125,583
- Debts after one year +€55,067
new in 2025: €55,067
- Current portion of long-term debt +€13,804
new in 2025: €13,804
- Tax, wage and social debts +€3,057
up €3,057 (+17.4%), from €17,531 to €20,588
- Trade debts -€2,753
down €2,753 (-88.7%), from €3,102 to €349
- Turnover -€145,744
no longer reported in 2025 (was €145,744)
- Purchases and services -€79,649
no longer reported in 2025 (was €79,649)
- Gross operating margin +€39,081
up €39,081 (+59.1%), from €66,095 to €105,176
- Depreciation +€6,800
up €6,800 (+749.2%), from €908 to €7,708
- Taxes +€5,275
up €5,275 (+40.4%), from €13,063 to €18,338
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.
Cash bridge derived
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 | €73,108 | €217,556 | +€144,449 | +197.6% |
| Fixed assets | 21/28 | €7,952 | €73,604 | +€65,652 | +825.6% |
| Tangible fixed assets | 22/27 | €7,952 | €73,604 | +€65,652 | +825.6% |
| Furniture and vehicles | 24 | €7,952 | €73,604 | +€65,652 | +825.6% |
| Current assets | 29/58 | €65,156 | €143,953 | +€78,796 | +120.9% |
| Amounts receivable within one year | 40/41 | €20,231 | €45,565 | +€25,333 | +125.2% |
| Trade receivables | 40 | €12,720 | €25,424 | +€12,704 | +99.9% |
| Other amounts receivable | 41 | €7,511 | €20,140 | +€12,629 | +168.1% |
| Cash at bank and in hand | 54/58 | €42,710 | €95,803 | +€53,093 | +124.3% |
| Deferred charges and accrued income | 490/1 | €2,215 | €2,585 | +€371 | +16.7% |
| Total equity and liabilities | 10/49 | €73,108 | €217,556 | +€144,449 | +197.6% |
| Equity | 10/15 | €50,712 | €126,083 | +€75,371 | +148.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,212 | €125,583 | +€75,371 | +150.1% |
| Amounts payable | 17/49 | €22,396 | €91,474 | +€69,078 | +308.4% |
| Amounts payable after more than one year | 17 | - | €55,067 | +€55,067 | |
| Financial debts | 170/4 | - | €55,067 | +€55,067 | |
| Amounts payable within one year | 42/48 | €22,396 | €36,407 | +€14,011 | +62.6% |
| Current portion of amounts payable after more than one year | 42 | - | €13,804 | +€13,804 | |
| Trade debts | 44 | €3,102 | €349 | -€2,753 | -88.7% |
| Suppliers | 440/4 | €3,102 | €349 | -€2,753 | -88.7% |
| Taxes, remuneration and social security | 45 | €17,531 | €20,588 | +€3,057 | +17.4% |
| Taxes | 450/3 | €17,531 | €20,588 | +€3,057 | +17.4% |
| Other amounts payable | 47/48 | €1,763 | €1,666 | -€97 | -5.5% |
| Turnover | 70 | €145,744 | - | -€145,744 | |
| Goods, raw materials, services and sundry goods | 60/61 | €79,649 | - | -€79,649 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €908 | €7,708 | +€6,800 | +749.2% |
| Other operating charges | 640/8 | €133 | €974 | +€841 | +631.5% |
| Gross operating margin | 9900 | €66,095 | €105,176 | +€39,081 | +59.1% |
| Operating profit (loss) | 9901 | €65,054 | €96,494 | +€31,440 | +48.3% |
| Financial charges | 65/66B | €61 | €1,119 | +€1,058 | +1734.6% |
| Recurring financial charges | 65 | €61 | €1,119 | +€1,058 | +1734.6% |
| Profit (loss) for the period before taxes | 9903 | €64,993 | €95,375 | +€30,382 | +46.7% |
| Income taxes | 67/77 | €13,063 | €18,338 | +€5,275 | +40.4% |
| Profit (loss) for the period | 9904 | €51,930 | €77,037 | +€25,107 | +48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,930 | €77,037 | +€25,107 | +48.3% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.