Vetostéokiné: what changed
Vetostéokiné
Largest movements
- Cash +€9,852
up €9,852 (+28.3%), from €34,820 to €44,672
mainly Net result for the year (+€13,208) and Depreciation (+€8,669)
- Tangible fixed assets -€1,712
down €1,712 (-7.1%), from €24,173 to €22,461
of which Plant, machinery and equipment: -€6,426
- Receivables within one year +€1,105
up €1,105 (+15.2%), from €7,273 to €8,378
- Profit (loss) carried forward +€13,208
up €13,208 (+66.0%), from €20,010 to €33,219
- Debts after one year -€3,911
down €3,911 (-79.8%), from €4,901 to €990
- Trade debts -€2,535
down €2,535 (-64.9%), from €3,906 to €1,370
- Tax, wage and social debts -€2,499
down €2,499 (-25.2%), from €9,920 to €7,421
of which Taxes: -€3,705
- Other debts +€2,369
up €2,369 (+11.3%), from €20,953 to €23,321
- Taxes +€2,955
up €2,955 (+84.8%), from €3,484 to €6,439
- Gross operating margin +€2,679
up €2,679 (+10.3%), from €26,119 to €28,798
- Other operating charges -€450
down €450 (-59.3%), from €760 to €310
- Depreciation +€430
up €430 (+5.2%), from €8,239 to €8,669
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,038 | €76,867 | +€8,829 | +13.0% |
| Fixed assets | 21/28 | €24,173 | €22,461 | -€1,712 | -7.1% |
| Tangible fixed assets | 22/27 | €24,173 | €22,461 | -€1,712 | -7.1% |
| Plant, machinery and equipment | 23 | €22,470 | €16,045 | -€6,426 | -28.6% |
| Furniture and vehicles | 24 | €1,702 | €0 | -€1,702 | -100% |
| Other tangible fixed assets | 26 | - | €6,416 | +€6,416 | |
| Current assets | 29/58 | €43,866 | €54,406 | +€10,541 | +24.0% |
| Stocks and contracts in progress | 3 | €1,055 | €1,104 | +€49 | +4.6% |
| Stocks | 30/36 | €1,055 | €1,104 | +€49 | +4.6% |
| Amounts receivable within one year | 40/41 | €7,273 | €8,378 | +€1,105 | +15.2% |
| Trade receivables | 40 | €7,273 | €8,378 | +€1,105 | +15.2% |
| Cash at bank and in hand | 54/58 | €34,820 | €44,672 | +€9,852 | +28.3% |
| Deferred charges and accrued income | 490/1 | €717 | €252 | -€465 | -64.9% |
| Total equity and liabilities | 10/49 | €68,038 | €76,867 | +€8,829 | +13.0% |
| Equity | 10/15 | €23,010 | €36,219 | +€13,208 | +57.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,010 | €33,219 | +€13,208 | +66.0% |
| Amounts payable | 17/49 | €45,028 | €40,648 | -€4,380 | -9.7% |
| Amounts payable after more than one year | 17 | €4,901 | €990 | -€3,911 | -79.8% |
| Financial debts | 170/4 | €4,901 | €990 | -€3,911 | -79.8% |
| Amounts payable within one year | 42/48 | €38,613 | €36,023 | -€2,590 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €3,835 | €3,911 | +€76 | +2.0% |
| Trade debts | 44 | €3,906 | €1,370 | -€2,535 | -64.9% |
| Suppliers | 440/4 | €3,906 | €1,370 | -€2,535 | -64.9% |
| Taxes, remuneration and social security | 45 | €9,920 | €7,421 | -€2,499 | -25.2% |
| Taxes | 450/3 | €7,885 | €4,180 | -€3,705 | -47.0% |
| Remuneration and social security | 454/9 | €2,035 | €3,242 | +€1,206 | +59.3% |
| Other amounts payable | 47/48 | €20,953 | €23,321 | +€2,369 | +11.3% |
| Accrued charges and deferred income | 492/3 | €1,514 | €3,635 | +€2,121 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,239 | €8,669 | +€430 | +5.2% |
| Other operating charges | 640/8 | €760 | €310 | -€450 | -59.3% |
| Gross operating margin | 9900 | €26,119 | €28,798 | +€2,679 | +10.3% |
| Operating profit (loss) | 9901 | €17,120 | €19,820 | +€2,700 | +15.8% |
| Financial income | 75/76B | €36 | €160 | +€123 | +338% |
| Recurring financial income | 75 | €36 | €160 | +€123 | +338% |
| Financial charges | 65/66B | €376 | €332 | -€44 | -11.6% |
| Recurring financial charges | 65 | €376 | €332 | -€44 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €16,781 | €19,647 | +€2,867 | +17.1% |
| Income taxes | 67/77 | €3,484 | €6,439 | +€2,955 | +84.8% |
| Profit (loss) for the period | 9904 | €13,296 | €13,208 | -€88 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,296 | €13,208 | -€88 | -0.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.