VEVA COLLECTION: 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.
VEVA COLLECTION
Largest movements
- Stocks and contracts -€152,699
down €152,699 (-15.9%), from €959,884 to €807,186
- Tangible fixed assets +€24,630
up €24,630 (+36.1%), from €68,194 to €92,823
of which Furniture and vehicles: +€20,399
- Receivables within one year +€12,667
up €12,667 (+53.7%), from €23,580 to €36,247
of which Trade receivables: +€12,667
- Debts after one year -€45,801
down €45,801 (-11.9%), from €384,145 to €338,344
- Current portion of long-term debt -€42,463
down €42,463 (-50.5%), from €84,097 to €41,634
- Trade debts -€41,737
down €41,737 (-12.1%), from €345,316 to €303,580
- Other debts -€27,668
down €27,668 (-23.9%), from €115,580 to €87,912
- Tax, wage and social debts +€16,605
up €16,605 (+33.9%), from €49,032 to €65,638
of which Taxes: +€14,410
- Financial income -€10,354
down €10,354 (-97.4%), from €10,628 to €274
- Staff costs +€7,911
up €7,911 (+2.2%), from €354,348 to €362,259
- Gross operating margin +€7,541
up €7,541 (+1.9%), from €395,741 to €403,282
- Depreciation -€5,311
down €5,311 (-15.2%), from €34,961 to €29,650
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 | €1,082,236 | €956,925 | -€125,312 | -11.6% |
| Fixed assets | 21/28 | €74,775 | €96,833 | +€22,058 | +29.5% |
| Intangible fixed assets | 21 | €6,581 | €4,010 | -€2,571 | -39.1% |
| Tangible fixed assets | 22/27 | €68,194 | €92,823 | +€24,630 | +36.1% |
| Land and buildings | 22 | €31,925 | €25,795 | -€6,129 | -19.2% |
| Plant, machinery and equipment | 23 | €573 | €10,933 | +€10,360 | +1807.5% |
| Furniture and vehicles | 24 | €35,696 | €56,095 | +€20,399 | +57.1% |
| Current assets | 29/58 | €1,007,462 | €860,092 | -€147,370 | -14.6% |
| Stocks and contracts in progress | 3 | €959,884 | €807,186 | -€152,699 | -15.9% |
| Stocks | 30/36 | €959,884 | €807,186 | -€152,699 | -15.9% |
| Amounts receivable within one year | 40/41 | €23,580 | €36,247 | +€12,667 | +53.7% |
| Trade receivables | 40 | €21,035 | €33,702 | +€12,667 | +60.2% |
| Other amounts receivable | 41 | €2,544 | €2,544 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,012 | €16,659 | -€6,353 | -27.6% |
| Deferred charges and accrued income | 490/1 | €985 | €0 | -€985 | -100.0% |
| Total equity and liabilities | 10/49 | €1,082,236 | €956,925 | -€125,312 | -11.6% |
| Equity | 10/15 | €29,215 | €35,317 | +€6,102 | +20.9% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €21,261 | €21,261 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €14,961 | €14,961 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,047 | -€48,945 | +€6,102 | +11.1% |
| Amounts payable | 17/49 | €1,053,021 | €921,608 | -€131,414 | -12.5% |
| Amounts payable after more than one year | 17 | €384,145 | €338,344 | -€45,801 | -11.9% |
| Financial debts | 170/4 | €384,145 | €338,344 | -€45,801 | -11.9% |
| Amounts payable within one year | 42/48 | €594,025 | €498,763 | -€95,262 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €84,097 | €41,634 | -€42,463 | -50.5% |
| Trade debts | 44 | €345,316 | €303,580 | -€41,737 | -12.1% |
| Suppliers | 440/4 | €345,316 | €303,580 | -€41,737 | -12.1% |
| Taxes, remuneration and social security | 45 | €49,032 | €65,638 | +€16,605 | +33.9% |
| Taxes | 450/3 | €6,124 | €20,534 | +€14,410 | +235.3% |
| Remuneration and social security | 454/9 | €42,908 | €45,104 | +€2,196 | +5.1% |
| Other amounts payable | 47/48 | €115,580 | €87,912 | -€27,668 | -23.9% |
| Accrued charges and deferred income | 492/3 | €74,852 | €84,500 | +€9,649 | +12.9% |
| Non-recurring operating income | 76A | - | €19,120 | +€19,120 | |
| Remuneration, social security and pensions | 62 | €354,348 | €362,259 | +€7,911 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,961 | €29,650 | -€5,311 | -15.2% |
| Other operating charges | 640/8 | €2,194 | €2,282 | +€88 | +4.0% |
| Gross operating margin | 9900 | €395,741 | €403,282 | +€7,541 | +1.9% |
| Operating profit (loss) | 9901 | €4,239 | €9,091 | +€4,852 | +114.5% |
| Financial income | 75/76B | €10,628 | €274 | -€10,354 | -97.4% |
| Recurring financial income | 75 | €10,628 | €274 | -€10,354 | -97.4% |
| Financial charges | 65/66B | €3,940 | €2,952 | -€988 | -25.1% |
| Recurring financial charges | 65 | €3,940 | €2,952 | -€988 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €10,926 | €6,413 | -€4,513 | -41.3% |
| Income taxes | 67/77 | €317 | €311 | -€6 | -2.0% |
| Profit (loss) for the period | 9904 | €10,609 | €6,102 | -€4,507 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,609 | €6,102 | -€4,507 | -42.5% |
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 9 October 2026 via checked.be.