Vets Architectuur: 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.
Vets Architectuur
Largest movements
- Cash -€49,704
down €49,704 (-21.9%), from €226,453 to €176,749
mainly Contributions, distributions and other (-€561,104) and Current investments (-€36,671)
- Current investments +€36,671
up €36,671 (+6.5%), from €568,360 to €605,031
- Receivables within one year -€19,532
down €19,532 (-12.5%), from €156,277 to €136,746
of which Trade receivables: -€11,330
- Tangible fixed assets -€17,789
down €17,789 (-57.4%), from €30,967 to €13,178
of which Furniture and vehicles: -€13,081
- Reserves -€500,771
down €500,771 (-52.5%), from €952,973 to €452,202
- Other debts +€427,339
up €427,339 (+176,586%), from €242 to €427,581
- Trade debts +€19,448
up €19,448 (+518%), from €3,756 to €23,203
- Gross operating margin -€14,461
down €14,461 (-12.5%), from €115,893 to €101,432
- Financial income +€4,532
up €4,532 (+62.9%), from €7,199 to €11,731
- Financial charges +€2,614
up €2,614, from -€834 to €1,780
- Taxes +€1,234
up €1,234 (+4.4%), from €28,197 to €29,432
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 | €983,194 | €931,705 | -€51,489 | -5.2% |
| Fixed assets | 21/28 | €30,967 | €13,178 | -€17,789 | -57.4% |
| Tangible fixed assets | 22/27 | €30,967 | €13,178 | -€17,789 | -57.4% |
| Land and buildings | 22 | €12,677 | €8,656 | -€4,022 | -31.7% |
| Furniture and vehicles | 24 | €17,603 | €4,522 | -€13,081 | -74.3% |
| Other tangible fixed assets | 26 | €686 | - | -€686 | |
| Current assets | 29/58 | €952,228 | €918,527 | -€33,701 | -3.5% |
| Amounts receivable within one year | 40/41 | €156,277 | €136,746 | -€19,532 | -12.5% |
| Trade receivables | 40 | €143,074 | €131,744 | -€11,330 | -7.9% |
| Other amounts receivable | 41 | €13,203 | €5,002 | -€8,202 | -62.1% |
| Current investments | 50/53 | €568,360 | €605,031 | +€36,671 | +6.5% |
| Cash at bank and in hand | 54/58 | €226,453 | €176,749 | -€49,704 | -21.9% |
| Deferred charges and accrued income | 490/1 | €1,137 | €2 | -€1,136 | -99.9% |
| Total equity and liabilities | 10/49 | €983,194 | €931,705 | -€51,489 | -5.2% |
| Equity | 10/15 | €975,573 | €474,802 | -€500,771 | -51.3% |
| Contributions | 10/11 | €22,600 | €22,600 | = | 0.0% |
| Reserves | 13 | €952,973 | €452,202 | -€500,771 | -52.5% |
| Distributable reserves | 133 | €952,973 | €452,202 | -€500,771 | -52.5% |
| Amounts payable | 17/49 | €7,622 | €456,903 | +€449,281 | +5,895% |
| Amounts payable within one year | 42/48 | €7,463 | €456,903 | +€449,440 | +6,022% |
| Trade debts | 44 | €3,756 | €23,203 | +€19,448 | +518% |
| Suppliers | 440/4 | €3,756 | €23,203 | +€19,448 | +518% |
| Taxes, remuneration and social security | 45 | €3,466 | €6,119 | +€2,653 | +76.6% |
| Taxes | 450/3 | €3,466 | €6,119 | +€2,653 | +76.6% |
| Other amounts payable | 47/48 | €242 | €427,581 | +€427,339 | +176,586% |
| Accrued charges and deferred income | 492/3 | €159 | €0 | -€158 | -99.7% |
| Non-recurring operating income | 76A | €122,989 | €61,726 | -€61,263 | -49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,714 | €19,251 | -€463 | -2.3% |
| Other operating charges | 640/8 | €2,172 | €2,368 | +€196 | +9.0% |
| Gross operating margin | 9900 | €115,893 | €101,432 | -€14,461 | -12.5% |
| Operating profit (loss) | 9901 | €94,007 | €79,813 | -€14,194 | -15.1% |
| Financial income | 75/76B | €7,199 | €11,731 | +€4,532 | +62.9% |
| Recurring financial income | 75 | €7,199 | €11,731 | +€4,532 | +62.9% |
| Financial charges | 65/66B | -€834 | €1,780 | +€2,614 | |
| Recurring financial charges | 65 | -€834 | €1,780 | +€2,614 | |
| Profit (loss) for the period before taxes | 9903 | €102,041 | €89,764 | -€12,276 | -12.0% |
| Income taxes | 67/77 | €28,197 | €29,432 | +€1,234 | +4.4% |
| Profit (loss) for the period | 9904 | €73,844 | €60,333 | -€13,511 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €73,844 | €60,333 | -€13,511 | -18.3% |
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 30 October 2026 via checked.be.