Vetwise: 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.
Vetwise
Largest movements
- Cash +€38,066
up €38,066 (+796%), from €4,780 to €42,847
mainly Net result for the year (+€30,552) and Receivables within one year (+€9,759)
- Receivables within one year -€9,759
down €9,759 (-40.3%), from €24,200 to €14,441
- Tangible fixed assets +€4,118
up €4,118 (+368%), from €1,120 to €5,238
of which Plant, machinery and equipment: +€3,906
- Reserves +€30,552
up €30,552 (+176%), from €17,402 to €47,954
- Tax, wage and social debts +€1,956
up €1,956 (+21.7%), from €9,028 to €10,984
- Gross operating margin +€16,689
up €16,689 (+75.6%), from €22,089 to €38,778
- Taxes +€3,187
up €3,187 (+73.3%), from €4,350 to €7,538
- Depreciation +€547
up €547 (+53,650%), from €1 to €548
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
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 | €30,101 | €62,537 | +€32,436 | +108% |
| Fixed assets | 21/28 | €1,120 | €5,238 | +€4,118 | +368% |
| Tangible fixed assets | 22/27 | €1,120 | €5,238 | +€4,118 | +368% |
| Plant, machinery and equipment | 23 | - | €3,906 | +€3,906 | |
| Furniture and vehicles | 24 | €1,120 | €1,332 | +€212 | +18.9% |
| Current assets | 29/58 | €28,980 | €57,299 | +€28,319 | +97.7% |
| Amounts receivable within one year | 40/41 | €24,200 | €14,441 | -€9,759 | -40.3% |
| Trade receivables | 40 | €24,200 | €14,441 | -€9,759 | -40.3% |
| Cash at bank and in hand | 54/58 | €4,780 | €42,847 | +€38,066 | +796% |
| Deferred charges and accrued income | 490/1 | - | €11 | +€11 | |
| Total equity and liabilities | 10/49 | €30,101 | €62,537 | +€32,436 | +108% |
| Equity | 10/15 | €19,402 | €49,954 | +€30,552 | +157% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,402 | €47,954 | +€30,552 | +176% |
| Distributable reserves | 133 | €17,402 | €47,954 | +€30,552 | +176% |
| Amounts payable | 17/49 | €10,699 | €12,583 | +€1,884 | +17.6% |
| Amounts payable within one year | 42/48 | €10,699 | €12,583 | +€1,884 | +17.6% |
| Taxes, remuneration and social security | 45 | €9,028 | €10,984 | +€1,956 | +21.7% |
| Taxes | 450/3 | €9,028 | €10,984 | +€1,956 | +21.7% |
| Other amounts payable | 47/48 | €1,671 | €1,599 | -€72 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | €548 | +€547 | +53,650% |
| Other operating charges | 640/8 | €322 | €99 | -€223 | -69.2% |
| Gross operating margin | 9900 | €22,089 | €38,778 | +€16,689 | +75.6% |
| Operating profit (loss) | 9901 | €21,766 | €38,130 | +€16,364 | +75.2% |
| Financial charges | 65/66B | €13 | €40 | +€27 | +200% |
| Recurring financial charges | 65 | €13 | €40 | +€27 | +200% |
| Profit (loss) for the period before taxes | 9903 | €21,752 | €38,090 | +€16,337 | +75.1% |
| Income taxes | 67/77 | €4,350 | €7,538 | +€3,187 | +73.3% |
| Profit (loss) for the period | 9904 | €17,402 | €30,552 | +€13,150 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,402 | €30,552 | +€13,150 | +75.6% |
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 15 October 2026 via checked.be.