Vetro Vetro: what changed
Vetro Vetro
Largest movements
- Receivables within one year -€14,398
down €14,398 (-68.1%), from €21,143 to €6,744
- Cash +€7,519
up €7,519 (+106%), from €7,064 to €14,583
mainly Receivables within one year (+€14,398) and Tax, wage and social debts (+€4,475)
- Stocks and contracts +€2,238
up €2,238 (+8.3%), from €27,125 to €29,363
- Trade debts -€15,214
down €15,214 (-46.1%), from €33,035 to €17,821
- Tax, wage and social debts +€4,475
up €4,475 (+30.3%), from €14,780 to €19,255
- Profit (loss) carried forward +€3,385
up €3,385 (+19.2%), from -€17,650 to -€14,265
- Other debts +€1,985
up €1,985 (+7.9%), from €25,238 to €27,223
- Gross operating margin -€1,656
down €1,656 (-17.9%), from €9,229 to €7,573
- Other operating charges -€1,269
down €1,269 (-39.3%), from €3,227 to €1,958
- Financial charges -€923
down €923 (-32.2%), from €2,864 to €1,941
- Depreciation +€317
up €317 (+677%), from €47 to €363
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 | €61,603 | €56,234 | -€5,369 | -8.7% |
| Fixed assets | 21/28 | €5,907 | €5,543 | -€363 | -6.2% |
| Tangible fixed assets | 22/27 | €1,407 | €1,043 | -€363 | -25.8% |
| Furniture and vehicles | 24 | €1,407 | €1,043 | -€363 | -25.8% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €55,696 | €50,690 | -€5,006 | -9.0% |
| Stocks and contracts in progress | 3 | €27,125 | €29,363 | +€2,238 | +8.3% |
| Stocks | 30/36 | €27,125 | €29,363 | +€2,238 | +8.3% |
| Amounts receivable within one year | 40/41 | €21,143 | €6,744 | -€14,398 | -68.1% |
| Trade receivables | 40 | €21,143 | €6,744 | -€14,398 | -68.1% |
| Cash at bank and in hand | 54/58 | €7,064 | €14,583 | +€7,519 | +106% |
| Deferred charges and accrued income | 490/1 | €365 | - | -€365 | |
| Total equity and liabilities | 10/49 | €61,603 | €56,234 | -€5,369 | -8.7% |
| Equity | 10/15 | -€11,450 | -€8,065 | +€3,385 | +29.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,650 | -€14,265 | +€3,385 | +19.2% |
| Amounts payable | 17/49 | €73,053 | €64,299 | -€8,754 | -12.0% |
| Amounts payable within one year | 42/48 | €73,053 | €64,299 | -€8,754 | -12.0% |
| Trade debts | 44 | €33,035 | €17,821 | -€15,214 | -46.1% |
| Suppliers | 440/4 | €33,035 | €17,821 | -€15,214 | -46.1% |
| Taxes, remuneration and social security | 45 | €14,780 | €19,255 | +€4,475 | +30.3% |
| Taxes | 450/3 | €14,780 | €19,255 | +€4,475 | +30.3% |
| Other amounts payable | 47/48 | €25,238 | €27,223 | +€1,985 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47 | €363 | +€317 | +677% |
| Other operating charges | 640/8 | €3,227 | €1,958 | -€1,269 | -39.3% |
| Gross operating margin | 9900 | €9,229 | €7,573 | -€1,656 | -17.9% |
| Operating profit (loss) | 9901 | €5,955 | €5,251 | -€704 | -11.8% |
| Financial income | 75/76B | €84 | €75 | -€9 | -10.9% |
| Recurring financial income | 75 | €84 | €75 | -€9 | -10.9% |
| Financial charges | 65/66B | €2,864 | €1,941 | -€923 | -32.2% |
| Recurring financial charges | 65 | €2,864 | €1,941 | -€923 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €3,174 | €3,385 | +€210 | +6.6% |
| Profit (loss) for the period | 9904 | €3,174 | €3,385 | +€210 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,174 | €3,385 | +€210 | +6.6% |
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.