VETSAERTS: 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.
VETSAERTS
Largest movements
- Receivables within one year +€10,134
up €10,134 (+17.4%), from €58,251 to €68,385
of which Other amounts receivable: +€10,134
- Reserves +€9,277
up €9,277 (+49.3%), from €18,803 to €28,080
of which Distributable reserves: +€9,277
- Trade debts +€3,418
up €3,418 (+1,055%), from €324 to €3,741
- Tax, wage and social debts -€2,561
down €2,561 (-81.2%), from €3,153 to €592
- Financial income +€433
up €433 (+47.1%), from €919 to €1,352
- Gross operating margin +€175
up €175 (+1.5%), from €11,980 to €12,155
- Financial charges -€146
down €146 (-100%), from €146 to €0
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,280 | €94,414 | +€10,134 | +12.0% |
| Fixed assets | 21/28 | €26,029 | €26,029 | = | 0.0% |
| Tangible fixed assets | 22/27 | €26,029 | €26,029 | = | 0.0% |
| Land and buildings | 22 | €26,029 | €26,029 | = | 0.0% |
| Current assets | 29/58 | €58,251 | €68,385 | +€10,134 | +17.4% |
| Amounts receivable within one year | 40/41 | €58,251 | €68,385 | +€10,134 | +17.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €58,251 | €68,385 | +€10,134 | +17.4% |
| Total equity and liabilities | 10/49 | €84,280 | €94,414 | +€10,134 | +12.0% |
| Equity | 10/15 | €80,803 | €90,080 | +€9,277 | +11.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €18,803 | €28,080 | +€9,277 | +49.3% |
| Non-distributable reserves | 130/1 | €3,463 | €3,463 | = | 0.0% |
| Legal reserve | 130 | €3,463 | €3,463 | = | 0.0% |
| Distributable reserves | 133 | €15,340 | €24,617 | +€9,277 | +60.5% |
| Amounts payable | 17/49 | €3,477 | €4,334 | +€857 | +24.6% |
| Amounts payable within one year | 42/48 | €3,477 | €4,334 | +€857 | +24.6% |
| Trade debts | 44 | €324 | €3,741 | +€3,418 | +1,055% |
| Suppliers | 440/4 | €324 | €3,741 | +€3,418 | +1,055% |
| Taxes, remuneration and social security | 45 | €3,153 | €592 | -€2,561 | -81.2% |
| Taxes | 450/3 | €3,153 | €592 | -€2,561 | -81.2% |
| Other operating charges | 640/8 | €1,182 | €1,138 | -€44 | -3.7% |
| Gross operating margin | 9900 | €11,980 | €12,155 | +€175 | +1.5% |
| Operating profit (loss) | 9901 | €10,798 | €11,018 | +€220 | +2.0% |
| Financial income | 75/76B | €919 | €1,352 | +€433 | +47.1% |
| Recurring financial income | 75 | €919 | €1,352 | +€433 | +47.1% |
| Financial charges | 65/66B | €146 | €0 | -€146 | -100% |
| Recurring financial charges | 65 | €146 | €0 | -€146 | -100% |
| Profit (loss) for the period before taxes | 9903 | €11,571 | €12,369 | +€799 | +6.9% |
| Income taxes | 67/77 | €3,153 | €3,092 | -€61 | -1.9% |
| Profit (loss) for the period | 9904 | €8,418 | €9,277 | +€859 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,418 | €9,277 | +€859 | +10.2% |
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 13 October 2026 via checked.be.