VETIGA: 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.
VETIGA
Largest movements
- Receivables within one year -€11,147
down €11,147 (-18.6%), from €60,074 to €48,927
of which Other amounts receivable: -€7,750
- Cash +€10,725
up €10,725 (+49.4%), from €21,706 to €32,432
mainly Receivables within one year (+€11,147) and Net result for the year (+€9,135)
- Reserves +€9,135
up €9,135 (+16.0%), from €57,100 to €66,235
- Trade debts -€8,072
down €8,072 (-89.4%), from €9,029 to €958
- Other debts -€1,185
down €1,185 (-1.0%), from €116,289 to €115,103
- Gross operating margin +€36,955
up €36,955, from -€16,616 to €20,339
- Taxes +€914
new in 2025: €914
- Other operating charges +€900
new in 2025: €900
- Financial charges +€410
up €410 (+4.5%), from €9,026 to €9,436
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 | €109,500 | €109,079 | -€422 | -0.4% |
| Fixed assets | 21/28 | €27,720 | €27,720 | = | 0.0% |
| Financial fixed assets | 28 | €27,720 | €27,720 | = | 0.0% |
| Current assets | 29/58 | €81,780 | €81,359 | -€422 | -0.5% |
| Amounts receivable within one year | 40/41 | €60,074 | €48,927 | -€11,147 | -18.6% |
| Trade receivables | 40 | €34,910 | €31,512 | -€3,398 | -9.7% |
| Other amounts receivable | 41 | €25,164 | €17,415 | -€7,750 | -30.8% |
| Cash at bank and in hand | 54/58 | €21,706 | €32,432 | +€10,725 | +49.4% |
| Total equity and liabilities | 10/49 | €109,500 | €109,079 | -€422 | -0.4% |
| Equity | 10/15 | -€27,126 | -€17,991 | +€9,135 | +33.7% |
| Contributions | 10/11 | €125,186 | €125,186 | = | 0.0% |
| Capital | 10 | €125,186 | €125,186 | = | 0.0% |
| Issued capital | 100 | €125,200 | €125,200 | = | 0.0% |
| Uncalled capital | 101 | €14 | €14 | = | 0.0% |
| Reserves | 13 | €57,100 | €66,235 | +€9,135 | +16.0% |
| Distributable reserves | 133 | €57,100 | €66,235 | +€9,135 | +16.0% |
| Profit (loss) carried forward | 14 | -€209,412 | -€209,412 | = | 0.0% |
| Amounts payable | 17/49 | €136,626 | €127,069 | -€9,557 | -7.0% |
| Amounts payable after more than one year | 17 | €8,700 | €7,619 | -€1,081 | -12.4% |
| Other amounts payable | 178/9 | €8,700 | €7,619 | -€1,081 | -12.4% |
| Amounts payable within one year | 42/48 | €127,926 | €119,450 | -€8,476 | -6.6% |
| Trade debts | 44 | €9,029 | €958 | -€8,072 | -89.4% |
| Suppliers | 440/4 | €9,029 | €958 | -€8,072 | -89.4% |
| Taxes, remuneration and social security | 45 | €2,608 | €3,389 | +€781 | +29.9% |
| Taxes | 450/3 | €2,608 | €3,389 | +€781 | +29.9% |
| Other amounts payable | 47/48 | €116,289 | €115,103 | -€1,185 | -1.0% |
| Other operating charges | 640/8 | - | €900 | +€900 | |
| Gross operating margin | 9900 | -€16,616 | €20,339 | +€36,955 | |
| Operating profit (loss) | 9901 | -€16,616 | €19,439 | +€36,055 | |
| Financial income | 75/76B | €38 | €45 | +€7 | +18.5% |
| Recurring financial income | 75 | €38 | €45 | +€7 | +18.5% |
| Financial charges | 65/66B | €9,026 | €9,436 | +€410 | +4.5% |
| Recurring financial charges | 65 | €9,026 | €9,436 | +€410 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,604 | €10,049 | +€35,652 | |
| Income taxes | 67/77 | - | €914 | +€914 | |
| Profit (loss) for the period | 9904 | -€25,604 | €9,135 | +€34,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,604 | €9,135 | +€34,739 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.