VeXir: 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.
VeXir
Largest movements
- Cash +€36,885
up €36,885 (+196%), from €18,841 to €55,726
mainly Net result for the year (+€39,187) and Other debts (+€30,000)
- Receivables within one year +€15,903
up €15,903 (+217%), from €7,333 to €23,237
of which Trade receivables: +€17,631
- Profit (loss) carried forward +€39,187
up €39,187 (+69.9%), from -€56,069 to -€16,882
- Reserves -€30,000
down €30,000 (-37.5%), from €80,000 to €50,000
of which Distributable reserves: -€30,000
- Other debts +€30,000
new in 2025: €30,000
- Tax, wage and social debts +€12,317
up €12,317 (+992%), from €1,241 to €13,558
- Gross operating margin +€64,951
up €64,951, from -€15,764 to €49,187
- Depreciation -€1,287
down €1,287 (-13.6%), from €9,496 to €8,208
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 | €46,660 | €98,587 | +€51,927 | +111% |
| Fixed assets | 21/28 | €19,059 | €18,081 | -€978 | -5.1% |
| Intangible fixed assets | 21 | €915 | €701 | -€215 | -23.4% |
| Tangible fixed assets | 22/27 | €18,144 | €17,380 | -€764 | -4.2% |
| Plant, machinery and equipment | 23 | €2,484 | €3,947 | +€1,463 | +58.9% |
| Furniture and vehicles | 24 | €3,986 | €3,443 | -€542 | -13.6% |
| Other tangible fixed assets | 26 | €11,674 | €9,990 | -€1,684 | -14.4% |
| Current assets | 29/58 | €27,601 | €80,506 | +€52,905 | +192% |
| Amounts receivable within one year | 40/41 | €7,333 | €23,237 | +€15,903 | +217% |
| Trade receivables | 40 | €5,140 | €22,771 | +€17,631 | +343% |
| Other amounts receivable | 41 | €2,194 | €466 | -€1,728 | -78.8% |
| Cash at bank and in hand | 54/58 | €18,841 | €55,726 | +€36,885 | +196% |
| Deferred charges and accrued income | 490/1 | €1,427 | €1,543 | +€116 | +8.2% |
| Total equity and liabilities | 10/49 | €46,660 | €98,587 | +€51,927 | +111% |
| Equity | 10/15 | €42,531 | €51,718 | +€9,187 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,000 | €50,000 | -€30,000 | -37.5% |
| Non-distributable reserves | 130/1 | €58 | €58 | = | 0.0% |
| Reserves not available under the articles | 1311 | €58 | €58 | = | 0.0% |
| Distributable reserves | 133 | €79,942 | €49,942 | -€30,000 | -37.5% |
| Profit (loss) carried forward | 14 | -€56,069 | -€16,882 | +€39,187 | +69.9% |
| Amounts payable | 17/49 | €4,129 | €46,869 | +€42,740 | +1,035% |
| Amounts payable within one year | 42/48 | €1,520 | €44,130 | +€42,609 | +2,803% |
| Trade debts | 44 | €279 | €572 | +€292 | +105% |
| Suppliers | 440/4 | €279 | €572 | +€292 | +105% |
| Taxes, remuneration and social security | 45 | €1,241 | €13,558 | +€12,317 | +992% |
| Taxes | 450/3 | €1,241 | €13,558 | +€12,317 | +992% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Accrued charges and deferred income | 492/3 | €2,609 | €2,739 | +€130 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,496 | €8,208 | -€1,287 | -13.6% |
| Other operating charges | 640/8 | €756 | €842 | +€86 | +11.4% |
| Gross operating margin | 9900 | -€15,764 | €49,187 | +€64,951 | |
| Operating profit (loss) | 9901 | -€26,016 | €40,136 | +€66,152 | |
| Financial income | 75/76B | €325 | €225 | -€100 | -30.8% |
| Recurring financial income | 75 | €325 | €225 | -€100 | -30.8% |
| Financial charges | 65/66B | €1,362 | €983 | -€379 | -27.8% |
| Recurring financial charges | 65 | €1,362 | €983 | -€379 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,053 | €39,378 | +€66,431 | |
| Income taxes | 67/77 | €207 | €191 | -€16 | -7.8% |
| Profit (loss) for the period | 9904 | -€27,260 | €39,187 | +€66,447 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,260 | €39,187 | +€66,447 |
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.