VETSIGHT: 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.
VETSIGHT
Largest movements
- Cash +€155,874
up €155,874 (+192.7%), from €80,879 to €236,753
mainly Net result for the year (+€173,866) and Other debts (+€87,440)
- Intangible fixed assets -€23,000
down €23,000 (-30.8%), from €74,750 to €51,750
- Receivables within one year -€13,859
down €13,859 (-82.1%), from €16,885 to €3,025
of which Other amounts receivable: -€8,141
- Tangible fixed assets -€6,510
down €6,510 (-12.1%), from €53,830 to €47,320
of which Plant, machinery and equipment: -€4,100
- Other debts +€87,440
up €87,440 (+105.3%), from €83,041 to €170,481
- Profit (loss) carried forward +€18,866
up €18,866 (+16.2%), from €116,311 to €135,177
- Tax, wage and social debts +€11,690
up €11,690 (+195.7%), from €5,975 to €17,665
of which Taxes: +€11,690
- Trade debts -€5,107
down €5,107 (-58.6%), from €8,710 to €3,603
- Gross operating margin +€121,703
up €121,703 (+80.4%), from €151,423 to €273,126
- Taxes +€28,857
up €28,857 (+93.8%), from €30,769 to €59,626
- Depreciation +€5,630
up €5,630 (+18.1%), from €31,074 to €36,704
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 | €238,916 | €353,066 | +€114,150 | +47.8% |
| Fixed assets | 21/28 | €130,105 | €100,595 | -€29,510 | -22.7% |
| Intangible fixed assets | 21 | €74,750 | €51,750 | -€23,000 | -30.8% |
| Tangible fixed assets | 22/27 | €53,830 | €47,320 | -€6,510 | -12.1% |
| Plant, machinery and equipment | 23 | €24,079 | €19,979 | -€4,100 | -17.0% |
| Furniture and vehicles | 24 | €29,751 | €27,341 | -€2,410 | -8.1% |
| Financial fixed assets | 28 | €1,525 | €1,525 | = | 0.0% |
| Current assets | 29/58 | €108,811 | €252,470 | +€143,660 | +132.0% |
| Stocks and contracts in progress | 3 | €8,224 | €9,798 | +€1,575 | +19.1% |
| Stocks | 30/36 | €8,224 | €9,798 | +€1,575 | +19.1% |
| Amounts receivable within one year | 40/41 | €16,885 | €3,025 | -€13,859 | -82.1% |
| Trade receivables | 40 | €8,743 | €3,025 | -€5,718 | -65.4% |
| Other amounts receivable | 41 | €8,141 | - | -€8,141 | |
| Cash at bank and in hand | 54/58 | €80,879 | €236,753 | +€155,874 | +192.7% |
| Deferred charges and accrued income | 490/1 | €2,824 | €2,894 | +€70 | +2.5% |
| Total equity and liabilities | 10/49 | €238,916 | €353,066 | +€114,150 | +47.8% |
| Equity | 10/15 | €134,911 | €153,777 | +€18,866 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,311 | €135,177 | +€18,866 | +16.2% |
| Amounts payable | 17/49 | €104,005 | €199,289 | +€95,284 | +91.6% |
| Amounts payable within one year | 42/48 | €97,725 | €191,749 | +€94,024 | +96.2% |
| Trade debts | 44 | €8,710 | €3,603 | -€5,107 | -58.6% |
| Suppliers | 440/4 | €8,710 | €3,603 | -€5,107 | -58.6% |
| Taxes, remuneration and social security | 45 | €5,975 | €17,665 | +€11,690 | +195.7% |
| Taxes | 450/3 | €4,575 | €16,265 | +€11,690 | +255.5% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €83,041 | €170,481 | +€87,440 | +105.3% |
| Accrued charges and deferred income | 492/3 | €6,280 | €7,540 | +€1,260 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,074 | €36,704 | +€5,630 | +18.1% |
| Other operating charges | 640/8 | €1,680 | €1,721 | +€41 | +2.4% |
| Gross operating margin | 9900 | €151,423 | €273,126 | +€121,703 | +80.4% |
| Operating profit (loss) | 9901 | €118,669 | €234,700 | +€116,032 | +97.8% |
| Financial income | 75/76B | €141 | €79 | -€62 | -44.1% |
| Recurring financial income | 75 | €141 | €79 | -€62 | -44.1% |
| Financial charges | 65/66B | €1,982 | €1,286 | -€696 | -35.1% |
| Recurring financial charges | 65 | €1,982 | €1,286 | -€696 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €116,827 | €233,493 | +€116,665 | +99.9% |
| Income taxes | 67/77 | €30,769 | €59,626 | +€28,857 | +93.8% |
| Profit (loss) for the period | 9904 | €86,058 | €173,866 | +€87,808 | +102.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,058 | €173,866 | +€87,808 | +102.0% |
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 3 October 2026 via checked.be.