VetsforPets: 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.
VetsforPets
Largest movements
- Intangible fixed assets -€20,827
down €20,827 (-32.5%), from €64,022 to €43,195
- Tangible fixed assets -€20,189
down €20,189 (-51.1%), from €39,494 to €19,305
of which Plant, machinery and equipment: -€19,376
- Receivables within one year +€11,226
up €11,226 (+265.8%), from €4,223 to €15,449
of which Other amounts receivable: +€6,444
- Cash +€2,379
up €2,379 (+9.3%), from €25,620 to €27,999
mainly Depreciation (+€42,516) and Tax, wage and social debts (+€4,956)
- Stocks and contracts -€2,262
down €2,262 (-6.6%), from €34,462 to €32,200
- Profit (loss) carried forward -€20,659
down €20,659 (-17.1%), from -€120,772 to -€141,431
- Debts after one year -€9,161
down €9,161 (-4.1%), from €222,523 to €213,362
- Current portion of long-term debt -€5,721
down €5,721 (-38.5%), from €14,869 to €9,148
- Tax, wage and social debts +€4,956
up €4,956 (+140.7%), from €3,522 to €8,477
of which Taxes: +€2,812
- Trade debts +€2,060
up €2,060 (+9.5%), from €21,761 to €23,821
- Gross operating margin +€17,497
up €17,497 (+34.9%), from €50,145 to €67,642
- Staff costs +€4,666
up €4,666 (+15.0%), from €31,058 to €35,724
- Financial charges -€4,426
down €4,426 (-34.3%), from €12,907 to €8,480
- Depreciation -€2,649
down €2,649 (-5.9%), from €45,165 to €42,516
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 | €171,890 | €141,721 | -€30,169 | -17.6% |
| Fixed assets | 21/28 | €103,515 | €62,500 | -€41,016 | -39.6% |
| Intangible fixed assets | 21 | €64,022 | €43,195 | -€20,827 | -32.5% |
| Tangible fixed assets | 22/27 | €39,494 | €19,305 | -€20,189 | -51.1% |
| Plant, machinery and equipment | 23 | €31,148 | €11,772 | -€19,376 | -62.2% |
| Furniture and vehicles | 24 | €2,681 | €1,248 | -€1,433 | -53.5% |
| Other tangible fixed assets | 26 | €5,666 | €6,286 | +€620 | +11.0% |
| Current assets | 29/58 | €68,375 | €79,222 | +€10,847 | +15.9% |
| Stocks and contracts in progress | 3 | €34,462 | €32,200 | -€2,262 | -6.6% |
| Stocks | 30/36 | €34,462 | €32,200 | -€2,262 | -6.6% |
| Amounts receivable within one year | 40/41 | €4,223 | €15,449 | +€11,226 | +265.8% |
| Trade receivables | 40 | €4,133 | €8,915 | +€4,782 | +115.7% |
| Other amounts receivable | 41 | €90 | €6,534 | +€6,444 | +7166.6% |
| Cash at bank and in hand | 54/58 | €25,620 | €27,999 | +€2,379 | +9.3% |
| Deferred charges and accrued income | 490/1 | €4,070 | €3,574 | -€496 | -12.2% |
| Total equity and liabilities | 10/49 | €171,890 | €141,721 | -€30,169 | -17.6% |
| Equity | 10/15 | -€100,772 | -€121,431 | -€20,659 | -20.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120,772 | -€141,431 | -€20,659 | -17.1% |
| Amounts payable | 17/49 | €272,662 | €263,152 | -€9,510 | -3.5% |
| Amounts payable after more than one year | 17 | €222,523 | €213,362 | -€9,161 | -4.1% |
| Financial debts | 170/4 | €222,523 | €213,362 | -€9,161 | -4.1% |
| Amounts payable within one year | 42/48 | €40,151 | €41,447 | +€1,295 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €14,869 | €9,148 | -€5,721 | -38.5% |
| Trade debts | 44 | €21,761 | €23,821 | +€2,060 | +9.5% |
| Suppliers | 440/4 | €21,761 | €23,821 | +€2,060 | +9.5% |
| Taxes, remuneration and social security | 45 | €3,522 | €8,477 | +€4,956 | +140.7% |
| Taxes | 450/3 | €746 | €3,558 | +€2,812 | +377.1% |
| Remuneration and social security | 454/9 | €2,776 | €4,920 | +€2,143 | +77.2% |
| Accrued charges and deferred income | 492/3 | €9,987 | €8,343 | -€1,645 | -16.5% |
| Non-recurring operating income | 76A | €3,536 | €6,657 | +€3,121 | +88.3% |
| Remuneration, social security and pensions | 62 | €31,058 | €35,724 | +€4,666 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,165 | €42,516 | -€2,649 | -5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €163 | +€163 | |
| Other operating charges | 640/8 | €1,325 | €1,428 | +€104 | +7.8% |
| Gross operating margin | 9900 | €50,145 | €67,642 | +€17,497 | +34.9% |
| Operating profit (loss) | 9901 | -€27,402 | -€12,188 | +€15,214 | +55.5% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €12,907 | €8,480 | -€4,426 | -34.3% |
| Recurring financial charges | 65 | €12,907 | €8,480 | -€4,426 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | -€40,308 | -€20,659 | +€19,650 | +48.7% |
| Profit (loss) for the period | 9904 | -€40,308 | -€20,659 | +€19,650 | +48.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,308 | -€20,659 | +€19,650 | +48.7% |
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 12 October 2026 via checked.be.