Vetricom: 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.
Vetricom
Largest movements
- Cash +€68,983
up €68,983 (+208%), from €33,204 to €102,187
mainly Net result for the year (+€40,417) and Receivables within one year (+€15,216)
- Receivables within one year -€15,216
down €15,216 (-26.8%), from €56,670 to €41,455
of which Trade receivables: -€13,943
- Tangible fixed assets -€6,050
down €6,050 (-39.5%), from €15,314 to €9,265
- Reserves +€133,519
new in 2025: €133,519
- Profit (loss) carried forward -€93,935
down €93,935 (-100%), from €93,935 to €0
- Tax, wage and social debts +€9,114
up €9,114 (+341%), from €2,673 to €11,787
of which Taxes: +€7,114
- Other debts +€3,474
up €3,474 (+417%), from €833 to €4,307
- Debts after one year -€2,588
down €2,588 (-62.4%), from €4,144 to €1,556
- Taxes +€3,139
up €3,139 (+27.2%), from €11,550 to €14,689
- Gross operating margin -€827
down €827 (-1.3%), from €63,192 to €62,365
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 | €109,843 | €157,592 | +€47,748 | +43.5% |
| Fixed assets | 21/28 | €15,314 | €9,265 | -€6,050 | -39.5% |
| Tangible fixed assets | 22/27 | €15,314 | €9,265 | -€6,050 | -39.5% |
| Furniture and vehicles | 24 | €15,314 | €9,265 | -€6,050 | -39.5% |
| Current assets | 29/58 | €94,529 | €148,327 | +€53,798 | +56.9% |
| Stocks and contracts in progress | 3 | €2,149 | €2,149 | = | 0.0% |
| Stocks | 30/36 | €2,149 | €2,149 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,670 | €41,455 | -€15,216 | -26.8% |
| Trade receivables | 40 | €51,948 | €38,005 | -€13,943 | -26.8% |
| Other amounts receivable | 41 | €4,723 | €3,450 | -€1,273 | -27.0% |
| Cash at bank and in hand | 54/58 | €33,204 | €102,187 | +€68,983 | +208% |
| Deferred charges and accrued income | 490/1 | €2,506 | €2,537 | +€31 | +1.2% |
| Total equity and liabilities | 10/49 | €109,843 | €157,592 | +€47,748 | +43.5% |
| Equity | 10/15 | €95,435 | €135,019 | +€39,584 | +41.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €133,519 | +€133,519 | |
| Distributable reserves | 133 | - | €133,519 | +€133,519 | |
| Profit (loss) carried forward | 14 | €93,935 | €0 | -€93,935 | -100% |
| Amounts payable | 17/49 | €14,409 | €22,573 | +€8,165 | +56.7% |
| Amounts payable after more than one year | 17 | €4,144 | €1,556 | -€2,588 | -62.4% |
| Financial debts | 170/4 | €4,144 | €1,556 | -€2,588 | -62.4% |
| Amounts payable within one year | 42/48 | €10,264 | €21,017 | +€10,753 | +105% |
| Current portion of amounts payable after more than one year | 42 | €2,490 | €2,588 | +€98 | +3.9% |
| Trade debts | 44 | €4,268 | €2,334 | -€1,934 | -45.3% |
| Suppliers | 440/4 | €4,268 | €2,334 | -€1,934 | -45.3% |
| Taxes, remuneration and social security | 45 | €2,673 | €11,787 | +€9,114 | +341% |
| Taxes | 450/3 | €2,673 | €9,787 | +€7,114 | +266% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €833 | €4,307 | +€3,474 | +417% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,050 | €6,050 | = | 0.0% |
| Other operating charges | 640/8 | €1,389 | €841 | -€548 | -39.5% |
| Gross operating margin | 9900 | €63,192 | €62,365 | -€827 | -1.3% |
| Operating profit (loss) | 9901 | €55,753 | €55,475 | -€279 | -0.5% |
| Financial income | 75/76B | €24 | €0 | -€24 | -100.0% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100.0% |
| Financial charges | 65/66B | €511 | €369 | -€142 | -27.8% |
| Recurring financial charges | 65 | €511 | €369 | -€142 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €55,266 | €55,106 | -€161 | -0.3% |
| Income taxes | 67/77 | €11,550 | €14,689 | +€3,139 | +27.2% |
| Profit (loss) for the period | 9904 | €43,716 | €40,417 | -€3,299 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,716 | €40,417 | -€3,299 | -7.5% |
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 15 October 2026 via checked.be.