Vets-IT: what changed
Two fiscal 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-IT
Largest movements
- Tangible fixed assets -€16,825
down €16,825 (-29.2%), from €57,580 to €40,756
of which Furniture and vehicles: -€13,901
- Cash +€12,552
up €12,552 (+16.8%), from €74,516 to €87,068
mainly Net result for the year (+€77,943) and Other debts (+€46,847)
- Receivables within one year +€2,990
up €2,990 (+17.9%), from €16,702 to €19,692
of which Trade receivables: +€5,170
- Reserves -€48,230
down €48,230 (-100.0%), from €48,230 to €0
- Other debts +€46,847
up €46,847 (+56.9%), from €82,340 to €129,187
- Gross operating margin -€6,509
down €6,509 (-5.2%), from €125,059 to €118,550
- Taxes -€1,465
down €1,465 (-6.7%), from €21,744 to €20,279
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.
Cash bridge derived
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 | €150,288 | €149,023 | -€1,265 | -0.8% |
| Fixed assets | 21/28 | €57,580 | €40,756 | -€16,825 | -29.2% |
| Tangible fixed assets | 22/27 | €57,580 | €40,756 | -€16,825 | -29.2% |
| Land and buildings | 22 | €5,640 | €5,013 | -€627 | -11.1% |
| Furniture and vehicles | 24 | €37,879 | €23,979 | -€13,901 | -36.7% |
| Other tangible fixed assets | 26 | €14,061 | €11,764 | -€2,297 | -16.3% |
| Current assets | 29/58 | €92,708 | €108,267 | +€15,560 | +16.8% |
| Amounts receivable within one year | 40/41 | €16,702 | €19,692 | +€2,990 | +17.9% |
| Trade receivables | 40 | €14,287 | €19,457 | +€5,170 | +36.2% |
| Other amounts receivable | 41 | €2,414 | €235 | -€2,180 | -90.3% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €74,516 | €87,068 | +€12,552 | +16.8% |
| Deferred charges and accrued income | 490/1 | €1,241 | €1,258 | +€17 | +1.4% |
| Total equity and liabilities | 10/49 | €150,288 | €149,023 | -€1,265 | -0.8% |
| Equity | 10/15 | €66,830 | €18,600 | -€48,230 | -72.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,230 | €0 | -€48,230 | -100.0% |
| Distributable reserves | 133 | €48,230 | €0 | -€48,230 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €83,458 | €130,423 | +€46,965 | +56.3% |
| Amounts payable within one year | 42/48 | €83,125 | €130,251 | +€47,126 | +56.7% |
| Trade debts | 44 | €731 | €759 | +€27 | +3.8% |
| Suppliers | 440/4 | €731 | €759 | +€27 | +3.8% |
| Advances received on contracts in progress | 46 | €54 | €50 | -€4 | -6.9% |
| Taxes, remuneration and social security | 45 | - | €255 | +€255 | |
| Taxes | 450/3 | - | €255 | +€255 | |
| Other amounts payable | 47/48 | €82,340 | €129,187 | +€46,847 | +56.9% |
| Accrued charges and deferred income | 492/3 | €333 | €172 | -€161 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,898 | €19,055 | +€157 | +0.8% |
| Other operating charges | 640/8 | €1,424 | €1,056 | -€368 | -25.9% |
| Gross operating margin | 9900 | €125,059 | €118,550 | -€6,509 | -5.2% |
| Operating profit (loss) | 9901 | €104,737 | €98,439 | -€6,298 | -6.0% |
| Financial income | 75/76B | €8 | €81 | +€73 | +895.1% |
| Recurring financial income | 75 | €8 | €81 | +€73 | +895.1% |
| Financial charges | 65/66B | -€613 | €298 | +€911 | |
| Recurring financial charges | 65 | -€613 | €298 | +€911 | |
| Profit (loss) for the period before taxes | 9903 | €105,359 | €98,223 | -€7,136 | -6.8% |
| Income taxes | 67/77 | €21,744 | €20,279 | -€1,465 | -6.7% |
| Profit (loss) for the period | 9904 | €83,615 | €77,943 | -€5,672 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,615 | €77,943 | -€5,672 | -6.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.