VETERINARY PATHOLOGY 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.
VETERINARY PATHOLOGY SERVICES
Largest movements
- Receivables after one year -€100,000
down €100,000 (-50.0%), from €200,000 to €100,000
- Tangible fixed assets -€52,211
down €52,211 (-17.1%), from €305,031 to €252,820
of which Land and buildings: -€40,144
- Cash +€22,112
up €22,112 (+18.2%), from €121,419 to €143,531
mainly Receivables after one year (+€100,000) and Depreciation (+€52,211)
- Reserves -€117,827
down €117,827 (-18.9%), from €621,834 to €504,007
- Debts after one year -€16,176
down €16,176 (-51.2%), from €31,575 to €15,399
- Gross operating margin +€28,815
up €28,815 (+55.9%), from €51,584 to €80,400
- Depreciation +€13,341
up €13,341 (+34.3%), from €38,870 to €52,211
- Taxes +€4,247
up €4,247 (+55.8%), from €7,610 to €11,857
- Financial income -€824
down €824 (-11.6%), from €7,129 to €6,305
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 | €688,506 | €552,545 | -€135,961 | -19.7% |
| Fixed assets | 21/28 | €305,031 | €252,820 | -€52,211 | -17.1% |
| Tangible fixed assets | 22/27 | €305,031 | €252,820 | -€52,211 | -17.1% |
| Land and buildings | 22 | €251,495 | €211,351 | -€40,144 | -16.0% |
| Plant, machinery and equipment | 23 | €1,054 | €674 | -€381 | -36.1% |
| Furniture and vehicles | 24 | €52,482 | €40,796 | -€11,686 | -22.3% |
| Current assets | 29/58 | €383,474 | €299,725 | -€83,749 | -21.8% |
| Amounts receivable after more than one year | 29 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Other amounts receivable | 291 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €62,056 | €56,194 | -€5,861 | -9.4% |
| Trade receivables | 40 | €35,382 | €18,150 | -€17,232 | -48.7% |
| Other amounts receivable | 41 | €26,673 | €38,044 | +€11,371 | +42.6% |
| Cash at bank and in hand | 54/58 | €121,419 | €143,531 | +€22,112 | +18.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €688,506 | €552,545 | -€135,961 | -19.7% |
| Equity | 10/15 | €631,966 | €514,139 | -€117,827 | -18.6% |
| Contributions | 10/11 | €10,132 | €10,132 | = | 0.0% |
| Reserves | 13 | €621,834 | €504,007 | -€117,827 | -18.9% |
| Distributable reserves | 133 | €621,834 | €504,007 | -€117,827 | -18.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €56,540 | €38,407 | -€18,133 | -32.1% |
| Amounts payable after more than one year | 17 | €31,575 | €15,399 | -€16,176 | -51.2% |
| Financial debts | 170/4 | €31,575 | €15,399 | -€16,176 | -51.2% |
| Amounts payable within one year | 42/48 | €23,733 | €22,324 | -€1,409 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €15,514 | €16,164 | +€650 | +4.2% |
| Trade debts | 44 | €3,270 | €626 | -€2,644 | -80.9% |
| Suppliers | 440/4 | €3,270 | €626 | -€2,644 | -80.9% |
| Taxes, remuneration and social security | 45 | €4,949 | €5,535 | +€586 | +11.8% |
| Taxes | 450/3 | €4,949 | €5,535 | +€586 | +11.8% |
| Accrued charges and deferred income | 492/3 | €1,233 | €683 | -€549 | -44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,870 | €52,211 | +€13,341 | +34.3% |
| Other operating charges | 640/8 | €2,292 | €2,061 | -€231 | -10.1% |
| Gross operating margin | 9900 | €51,584 | €80,400 | +€28,815 | +55.9% |
| Operating profit (loss) | 9901 | €10,422 | €26,128 | +€15,705 | +151% |
| Financial income | 75/76B | €7,129 | €6,305 | -€824 | -11.6% |
| Recurring financial income | 75 | €7,129 | €6,305 | -€824 | -11.6% |
| Financial charges | 65/66B | €2,892 | €2,375 | -€518 | -17.9% |
| Recurring financial charges | 65 | €2,892 | €2,375 | -€518 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €14,659 | €30,058 | +€15,399 | +105% |
| Income taxes | 67/77 | €7,610 | €11,857 | +€4,247 | +55.8% |
| Profit (loss) for the period | 9904 | €7,049 | €18,201 | +€11,153 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €7,049 | €18,201 | +€11,153 | +158% |
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 16 October 2026 via checked.be.