VETRIA: 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.
What changed
VETRIA
NACE 46.460, Wholesale of pharmaceutical and medical goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€182,489
2024 · -€157,753-€24,736
Equity
€2.3m
2024 · €2.5m-€182,489
Cash
€641,876
2024 · €595,449+€46,427
Balance sheet total
€5.2m
2024 · €5.5m-€301,011
Largest movements
Assets
- Stocks and contracts -€210,748
down €210,748 (-13.8%), from €1.5m to €1.3m
- Tangible fixed assets -€92,209
down €92,209 (-3.6%), from €2.6m to €2.5m
of which Land and buildings: -€72,996
Equity and liabilities
- Profit (loss) carried forward -€182,489
down €182,489 (-8.7%), from €2.1m to €1.9m
- Other debts -€156,700
down €156,700 (-13.5%), from €1.2m to €1.0m
- Trade debts +€147,702
up €147,702 (+15.6%), from €949,596 to €1.1m
- Debts after one year -€83,333
down €83,333 (-11.8%), from €708,334 to €625,000
Income statement
- Turnover -€9.8m
down €9.8m (-38.0%), from €25.9m to €16.1m
- Goods and materials -€9.0m
down €9.0m (-38.2%), from €23.6m to €14.6m
of which Purchases: -€8.5m
- Services and other goods -€513,285
down €513,285 (-29.6%), from €1.7m to €1.2m
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.
Result 2024
-€157,753
Turnover
-€9.8m
Other operating income
-€44,162
Goods and materials
+€9.0m
Services and other goods
+€513,285
Staff costs
+€127,911
Depreciation
+€105,158
Write-downs
+€3,091
Other operating charges
+€30,751
Other operating items
+€216
Financial income
-€21,336
Financial charges
+€48,009
Taxes
+€5,698
Result 2025
-€182,489
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€145,842
Investment
-€16,082
Financing
-€83,333
Cash 2024
€595,449
From operations (derived)
+€145,842
Net result for the year
-€182,489
Depreciation
+€104,669
Stocks and contracts
+€210,748
Receivables within one year
+€44,206
Deferred charges and accrued income
+€3,898
Trade debts
+€147,702
Tax, wage and social debts
-€8,690
Other debts
-€156,700
Accrued charges and deferred income
-€17,501
Investment (derived)
-€16,082
Investment in fixed assets (net)
-€16,082
Financing
-€83,333
Debts after one year
-€83,333
Cash 2025
€641,876
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,489,708 | €5,188,697 | -€301,011 | -5.5% |
| Fixed assets | 21/28 | €2,566,426 | €2,477,839 | -€88,587 | -3.5% |
| Intangible fixed assets | 21 | €9,190 | €12,812 | +€3,622 | +39.4% |
| Tangible fixed assets | 22/27 | €2,556,070 | €2,463,861 | -€92,209 | -3.6% |
| Land and buildings | 22 | €2,528,481 | €2,455,485 | -€72,996 | -2.9% |
| Plant, machinery and equipment | 23 | €21,722 | €7,577 | -€14,145 | -65.1% |
| Furniture and vehicles | 24 | €5,868 | €799 | -€5,069 | -86.4% |
| Financial fixed assets | 28 | €1,166 | €1,166 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,166 | €1,166 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,166 | €1,166 | = | 0.0% |
| Current assets | 29/58 | €2,923,281 | €2,710,857 | -€212,424 | -7.3% |
| Stocks and contracts in progress | 3 | €1,532,262 | €1,321,514 | -€210,748 | -13.8% |
| Stocks | 30/36 | €1,532,262 | €1,321,514 | -€210,748 | -13.8% |
| Goods purchased for resale | 34 | €1,532,262 | €1,321,514 | -€210,748 | -13.8% |
| Amounts receivable within one year | 40/41 | €746,192 | €701,986 | -€44,206 | -5.9% |
| Trade receivables | 40 | €746,192 | €701,607 | -€44,585 | -6.0% |
| Other amounts receivable | 41 | - | €379 | +€379 | |
| Cash at bank and in hand | 54/58 | €595,449 | €641,876 | +€46,427 | +7.8% |
| Deferred charges and accrued income | 490/1 | €49,379 | €45,482 | -€3,898 | -7.9% |
| Total equity and liabilities | 10/49 | €5,489,708 | €5,188,697 | -€301,011 | -5.5% |
| Equity | 10/15 | €2,475,528 | €2,293,039 | -€182,489 | -7.4% |
| Contributions | 10/11 | €334,232 | €334,232 | = | 0.0% |
| Reserves | 13 | €40,198 | €40,198 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,423 | €33,423 | = | 0.0% |
| Reserves not available under the articles | 1311 | €33,423 | €33,423 | = | 0.0% |
| Distributable reserves | 133 | €6,775 | €6,775 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,101,098 | €1,918,609 | -€182,489 | -8.7% |
| Amounts payable | 17/49 | €3,014,180 | €2,895,658 | -€118,522 | -3.9% |
| Amounts payable after more than one year | 17 | €708,334 | €625,000 | -€83,333 | -11.8% |
| Financial debts | 170/4 | €708,334 | €625,000 | -€83,333 | -11.8% |
| Credit institutions | 173 | €708,334 | €625,000 | -€83,333 | -11.8% |
| Amounts payable within one year | 42/48 | €2,288,346 | €2,270,657 | -€17,688 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €83,333 | €83,333 | = | 0.0% |
| Trade debts | 44 | €949,596 | €1,097,298 | +€147,702 | +15.6% |
| Suppliers | 440/4 | €949,596 | €1,097,298 | +€147,702 | +15.6% |
| Taxes, remuneration and social security | 45 | €92,416 | €83,726 | -€8,690 | -9.4% |
| Taxes | 450/3 | €59,735 | €50,981 | -€8,754 | -14.7% |
| Remuneration and social security | 454/9 | €32,681 | €32,745 | +€64 | +0.2% |
| Other amounts payable | 47/48 | €1,163,000 | €1,006,300 | -€156,700 | -13.5% |
| Accrued charges and deferred income | 492/3 | €17,501 | - | -€17,501 | |
| Operating income | 70/76A | €26,015,402 | €16,144,463 | -€9.9m | -37.9% |
| Turnover | 70 | €25,892,011 | €16,065,234 | -€9.8m | -38.0% |
| Other operating income | 74 | €123,391 | €79,229 | -€44,162 | -35.8% |
| Operating charges | 60/66A | €26,138,133 | €16,324,301 | -€9.8m | -37.5% |
| Goods for resale, raw materials and consumables | 60 | €23,645,757 | €14,612,337 | -€9.0m | -38.2% |
| Purchases | 600/8 | €22,855,610 | €14,401,590 | -€8.5m | -37.0% |
| Change in stocks: decrease (increase) | 609 | €790,148 | €210,748 | -€579,400 | -73.3% |
| Services and other goods | 61 | €1,736,785 | €1,223,500 | -€513,285 | -29.6% |
| Remuneration, social security and pensions | 62 | €407,912 | €280,001 | -€127,911 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €209,827 | €104,669 | -€105,158 | -50.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,091 | - | -€3,091 | |
| Other operating charges | 640/8 | €134,544 | €103,793 | -€30,751 | -22.9% |
| Non-recurring operating charges | 66A | €216 | - | -€216 | |
| Operating profit (loss) | 9901 | -€122,731 | -€179,838 | -€57,107 | -46.5% |
| Financial income | 75/76B | €69,983 | €48,646 | -€21,336 | -30.5% |
| Recurring financial income | 75 | €69,974 | €48,646 | -€21,328 | -30.5% |
| Income from current assets | 751 | €52 | - | -€52 | |
| Other financial income | 752/9 | €69,922 | €48,646 | -€21,276 | -30.4% |
| Non-recurring financial income | 76B | €8 | - | -€8 | |
| Financial charges | 65/66B | €99,307 | €51,298 | -€48,009 | -48.3% |
| Recurring financial charges | 65 | €90,361 | €51,298 | -€39,064 | -43.2% |
| Debt charges | 650 | €89,914 | €50,862 | -€39,053 | -43.4% |
| Other financial charges | 652/9 | €447 | €436 | -€11 | -2.5% |
| Non-recurring financial charges | 66B | €8,946 | - | -€8,946 | |
| Profit (loss) for the period before taxes | 9903 | -€152,055 | -€182,489 | -€30,434 | -20.0% |
| Income taxes | 67/77 | €5,698 | - | -€5,698 | |
| Taxes | 670/3 | €7,033 | - | -€7,033 | |
| Tax adjustments and reversals of tax provisions | 77 | €1,334 | - | -€1,334 | |
| Profit (loss) for the period | 9904 | -€157,753 | -€182,489 | -€24,736 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€157,753 | -€182,489 | -€24,736 | -15.7% |
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 17 October 2026 via checked.be.