VETSERVICES: 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.
VETSERVICES
Largest movements
- Receivables within one year +€6.2m
up €6.2m (+2320157.8%), from €269 to €6.2m
of which Trade receivables: +€6.2m
- Stocks and contracts +€2.0m
new in 2025: €2.0m
- Cash +€153,009
up €153,009 (+715.5%), from €21,384 to €174,393
- Trade debts +€6.7m
up €6.7m (+1742653.8%), from €386 to €6.7m
- Other debts +€1.6m
new in 2025: €1.6m
- Staff costs +€562,339
new in 2025: €562,339
- Gross operating margin +€548,758
up €548,758, from -€2,589 to €546,169
- Financial income +€86,122
new in 2025: €86,122
- Financial charges +€37,531
up €37,531 (+125104.4%), from €30 to €37,561
- Depreciation +€16,180
new in 2025: €16,180
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,652 | €8,476,988 | +€8.5m | +39050.4% |
| Fixed assets | 21/28 | - | €54,692 | +€54,692 | |
| Tangible fixed assets | 22/27 | - | €54,692 | +€54,692 | |
| Furniture and vehicles | 24 | - | €54,692 | +€54,692 | |
| Current assets | 29/58 | €21,652 | €8,422,296 | +€8.4m | +38797.8% |
| Stocks and contracts in progress | 3 | - | €2,012,442 | +€2.0m | |
| Stocks | 30/36 | - | €2,012,442 | +€2.0m | |
| Amounts receivable within one year | 40/41 | €269 | €6,235,461 | +€6.2m | +2320157.8% |
| Trade receivables | 40 | - | €6,233,125 | +€6.2m | |
| Other amounts receivable | 41 | €269 | €2,336 | +€2,067 | +769.3% |
| Cash at bank and in hand | 54/58 | €21,384 | €174,393 | +€153,009 | +715.5% |
| Total equity and liabilities | 10/49 | €21,652 | €8,476,988 | +€8.5m | +39050.4% |
| Equity | 10/15 | €21,266 | €27,518 | +€6,251 | +29.4% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | - | €3,518 | +€3,518 | |
| Distributable reserves | 133 | - | €3,518 | +€3,518 | |
| Profit (loss) carried forward | 14 | -€2,734 | €0 | +€2,734 | |
| Amounts payable | 17/49 | €386 | €8,449,471 | +€8.4m | +2187352.0% |
| Amounts payable within one year | 42/48 | €386 | €8,449,471 | +€8.4m | +2187352.0% |
| Trade debts | 44 | €386 | €6,731,735 | +€6.7m | +1742653.8% |
| Suppliers | 440/4 | €386 | €6,731,735 | +€6.7m | +1742653.8% |
| Taxes, remuneration and social security | 45 | - | €75,210 | +€75,210 | |
| Taxes | 450/3 | - | €12,136 | +€12,136 | |
| Remuneration and social security | 454/9 | - | €63,074 | +€63,074 | |
| Other amounts payable | 47/48 | - | €1,642,526 | +€1.6m | |
| Remuneration, social security and pensions | 62 | - | €562,339 | +€562,339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €16,180 | +€16,180 | |
| Other operating charges | 640/8 | €115 | €1,446 | +€1,331 | +1157.1% |
| Gross operating margin | 9900 | -€2,589 | €546,169 | +€548,758 | |
| Operating profit (loss) | 9901 | -€2,704 | -€33,795 | -€31,091 | -1149.9% |
| Financial income | 75/76B | - | €86,122 | +€86,122 | |
| Recurring financial income | 75 | - | €86,122 | +€86,122 | |
| Financial charges | 65/66B | €30 | €37,561 | +€37,531 | +125104.4% |
| Recurring financial charges | 65 | €30 | €37,561 | +€37,531 | +125104.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,734 | €14,765 | +€17,499 | |
| Income taxes | 67/77 | - | €8,514 | +€8,514 | |
| Profit (loss) for the period | 9904 | -€2,734 | €6,251 | +€8,985 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,734 | €6,251 | +€8,985 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.