VEVE GROUPE: what changed
VEVE GROUPE
Largest movements
- Receivables within one year -€41,718
down €41,718 (-56.7%), from €73,605 to €31,888
of which Trade receivables: -€25,068
- Stocks and contracts -€4,375
down €4,375 (-77.7%), from €5,633 to €1,258
- Tangible fixed assets -€2,537
down €2,537 (-10.9%), from €23,243 to €20,706
- Tax, wage and social debts -€45,509
down €45,509 (-75.5%), from €60,289 to €14,780
of which Remuneration and social security: -€34,327
- Trade debts -€38,890
down €38,890 (-39.8%), from €97,765 to €58,875
- Profit (loss) carried forward +€25,364
up €25,364 (+36.2%), from -€70,131 to -€44,767
- Other debts +€11,532
new in 2025: €11,532
- Gross operating margin +€34,606
up €34,606, from -€4,973 to €29,633
- Financial charges +€1,660
up €1,660 (+2,309%), from €72 to €1,732
- Depreciation +€410
up €410 (+19.3%), from €2,127 to €2,537
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,524 | €59,020 | -€47,503 | -44.6% |
| Fixed assets | 21/28 | €23,243 | €20,706 | -€2,537 | -10.9% |
| Tangible fixed assets | 22/27 | €23,243 | €20,706 | -€2,537 | -10.9% |
| Other tangible fixed assets | 26 | €23,243 | €20,706 | -€2,537 | -10.9% |
| Current assets | 29/58 | €83,281 | €38,314 | -€44,966 | -54.0% |
| Stocks and contracts in progress | 3 | €5,633 | €1,258 | -€4,375 | -77.7% |
| Stocks | 30/36 | €5,633 | €1,258 | -€4,375 | -77.7% |
| Amounts receivable within one year | 40/41 | €73,605 | €31,888 | -€41,718 | -56.7% |
| Trade receivables | 40 | €25,068 | €0 | -€25,068 | -100% |
| Other amounts receivable | 41 | €48,537 | €31,888 | -€16,649 | -34.3% |
| Cash at bank and in hand | 54/58 | €4,042 | €4,277 | +€235 | +5.8% |
| Deferred charges and accrued income | 490/1 | - | €892 | +€892 | |
| Total equity and liabilities | 10/49 | €106,524 | €59,020 | -€47,503 | -44.6% |
| Equity | 10/15 | -€51,531 | -€26,167 | +€25,364 | +49.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,131 | -€44,767 | +€25,364 | +36.2% |
| Amounts payable | 17/49 | €158,055 | €85,188 | -€72,867 | -46.1% |
| Amounts payable within one year | 42/48 | €158,055 | €85,188 | -€72,867 | -46.1% |
| Trade debts | 44 | €97,765 | €58,875 | -€38,890 | -39.8% |
| Suppliers | 440/4 | €97,765 | €58,875 | -€38,890 | -39.8% |
| Taxes, remuneration and social security | 45 | €60,289 | €14,780 | -€45,509 | -75.5% |
| Taxes | 450/3 | €25,962 | €14,780 | -€11,182 | -43.1% |
| Remuneration and social security | 454/9 | €34,327 | - | -€34,327 | |
| Other amounts payable | 47/48 | - | €11,532 | +€11,532 | |
| Remuneration, social security and pensions | 62 | €89 | - | -€89 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,127 | €2,537 | +€410 | +19.3% |
| Gross operating margin | 9900 | -€4,973 | €29,633 | +€34,606 | |
| Operating profit (loss) | 9901 | -€7,189 | €27,096 | +€34,285 | |
| Financial charges | 65/66B | €72 | €1,732 | +€1,660 | +2,309% |
| Recurring financial charges | 65 | €72 | €1,732 | +€1,660 | +2,309% |
| Profit (loss) for the period before taxes | 9903 | -€7,261 | €25,364 | +€32,625 | |
| Profit (loss) for the period | 9904 | -€7,261 | €25,364 | +€32,625 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,261 | €25,364 | +€32,625 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.