VETS & PETS , RIGHETTI & PHILIPSEN: what changed
What changed
VETS & PETS , RIGHETTI & PHILIPSEN
NACE 75.000, Veterinary services
filed annual accounts (NBB)
Net result for the year
€95,913
2024 · €31,754+€64,159
Equity
€173,214
2024 · €90,438+€82,776
Cash
€232,756
2024 · €182,916+€49,839
Balance sheet total
€398,443
2024 · €325,006+€73,438
Largest movements
Assets
- Cash +€49,839
up €49,839 (+27.2%), from €182,916 to €232,756
mainly Net result for the year (+€95,913) and Short-term financial debts (+€17,351)
- Stocks and contracts +€34,191
up €34,191 (+85.0%), from €40,244 to €74,435
- Tangible fixed assets -€8,315
down €8,315 (-13.9%), from €59,621 to €51,306
of which Land and buildings: -€6,900
Equity and liabilities
- Reserves +€82,776
up €82,776 (+98.3%), from €84,238 to €167,014
- Short-term financial debts +€17,351
new in 2025: €17,351
- Trade debts -€16,395
down €16,395 (-27.6%), from €59,419 to €43,024
- Debts after one year -€15,244
down €15,244 (-12.0%), from €127,302 to €112,058
Income statement
- Gross operating margin +€88,531
up €88,531 (+128%), from €69,213 to €157,745
- Taxes +€24,787
up €24,787 (+172%), from €14,403 to €39,190
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.
Result 2024
€31,754
Gross operating margin
+€88,531
Depreciation
-€5
Other operating charges
-€7
Financial income
-€812
Financial charges
+€1,238
Taxes
-€24,787
Result 2025
€95,913
raises the resultlowers the result
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.
From operations
+€60,275
Investment
-€1,360
Financing
-€9,076
Cash 2024
€182,916
From operations (derived)
+€60,275
Net result for the year
+€95,913
Depreciation
+€9,675
Stocks and contracts
-€34,191
Receivables within one year
+€2,277
Trade debts
-€16,395
Tax, wage and social debts
+€1,500
Other debts
+€3,941
Accrued charges and deferred income
-€2,446
Investment (derived)
-€1,360
Investment in fixed assets (net)
-€1,360
Financing
-€9,076
Debts after one year
-€15,244
Current portion of long-term debt
+€1,953
Short-term financial debts
+€17,351
Contributions, distributions and other
-€13,137
Cash 2025
€232,756
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,006 | €398,443 | +€73,438 | +22.6% |
| Fixed assets | 21/28 | €59,921 | €51,606 | -€8,315 | -13.9% |
| Tangible fixed assets | 22/27 | €59,621 | €51,306 | -€8,315 | -13.9% |
| Land and buildings | 22 | €48,525 | €41,625 | -€6,900 | -14.2% |
| Plant, machinery and equipment | 23 | €11,096 | €9,681 | -€1,415 | -12.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €265,084 | €346,837 | +€81,753 | +30.8% |
| Stocks and contracts in progress | 3 | €40,244 | €74,435 | +€34,191 | +85.0% |
| Stocks | 30/36 | €40,244 | €74,435 | +€34,191 | +85.0% |
| Amounts receivable within one year | 40/41 | €41,924 | €39,647 | -€2,277 | -5.4% |
| Trade receivables | 40 | €41,924 | €39,647 | -€2,277 | -5.4% |
| Cash at bank and in hand | 54/58 | €182,916 | €232,756 | +€49,839 | +27.2% |
| Total equity and liabilities | 10/49 | €325,006 | €398,443 | +€73,438 | +22.6% |
| Equity | 10/15 | €90,438 | €173,214 | +€82,776 | +91.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €84,238 | €167,014 | +€82,776 | +98.3% |
| Distributable reserves | 133 | €84,238 | €167,014 | +€82,776 | +98.3% |
| Amounts payable | 17/49 | €234,568 | €225,229 | -€9,338 | -4.0% |
| Amounts payable after more than one year | 17 | €127,302 | €112,058 | -€15,244 | -12.0% |
| Financial debts | 170/4 | €127,302 | €112,058 | -€15,244 | -12.0% |
| Amounts payable within one year | 42/48 | €104,820 | €113,171 | +€8,351 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €13,350 | €15,304 | +€1,953 | +14.6% |
| Financial debts | 43 | - | €17,351 | +€17,351 | |
| Credit institutions | 430/8 | - | €17,351 | +€17,351 | |
| Trade debts | 44 | €59,419 | €43,024 | -€16,395 | -27.6% |
| Suppliers | 440/4 | €59,419 | €43,024 | -€16,395 | -27.6% |
| Taxes, remuneration and social security | 45 | €32,051 | €33,551 | +€1,500 | +4.7% |
| Taxes | 450/3 | €32,051 | €33,551 | +€1,500 | +4.7% |
| Other amounts payable | 47/48 | - | €3,941 | +€3,941 | |
| Accrued charges and deferred income | 492/3 | €2,446 | - | -€2,446 | |
| Non-recurring operating income | 76A | €6,400 | - | -€6,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,670 | €9,675 | +€5 | +0.1% |
| Other operating charges | 640/8 | €2,114 | €2,121 | +€7 | +0.3% |
| Gross operating margin | 9900 | €69,213 | €157,745 | +€88,531 | +128% |
| Operating profit (loss) | 9901 | €57,429 | €145,949 | +€88,519 | +154% |
| Financial income | 75/76B | €812 | €0 | -€812 | -100.0% |
| Recurring financial income | 75 | €812 | €0 | -€812 | -100.0% |
| Financial charges | 65/66B | €12,084 | €10,846 | -€1,238 | -10.2% |
| Recurring financial charges | 65 | €12,084 | €10,846 | -€1,238 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €46,157 | €135,103 | +€88,946 | +193% |
| Income taxes | 67/77 | €14,403 | €39,190 | +€24,787 | +172% |
| Profit (loss) for the period | 9904 | €31,754 | €95,913 | +€64,159 | +202% |
| Profit (loss) for the period to be appropriated | 9905 | €31,754 | €95,913 | +€64,159 | +202% |
Next steps
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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 5 November 2026 via checked.be.