Veys Dynamics: 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.
Veys Dynamics
Largest movements
- Receivables within one year -€31,640
down €31,640 (-68.8%), from €45,988 to €14,347
of which Other amounts receivable: -€20,215
- Financial fixed assets -€30,030
down €30,030 (-99.6%), from €30,165 to €135
- Deferred charges and accrued income +€26,046
up €26,046 (+1746.1%), from €1,492 to €27,538
- Tangible fixed assets +€12,634
up €12,634 (+11.8%), from €106,914 to €119,548
of which Leasing and similar rights: +€20,651
- Cash -€3,831
down €3,831 (-36.7%), from €10,442 to €6,611
mainly Other debts (-€28,964) and Deferred charges and accrued income (-€26,046)
- Other debts -€28,964
down €28,964 (-32.5%), from €89,074 to €60,110
- Profit (loss) carried forward -€21,436
down €21,436 (-95.4%), from -€22,476 to -€43,912
- Debts after one year +€17,474
up €17,474 (+23.1%), from €75,636 to €93,110
- Current portion of long-term debt +€7,073
up €7,073 (+24.7%), from €28,650 to €35,723
- Other operating charges -€13,895
down €13,895 (-46.4%), from €29,966 to €16,071
- Depreciation +€12,609
up €12,609 (+346.9%), from €3,635 to €16,244
- Gross operating margin -€2,318
down €2,318 (-12.0%), from €19,354 to €17,036
- Financial charges -€1,635
down €1,635 (-21.9%), from €7,470 to €5,835
- Taxes -€530
down €530 (-61.5%), from €861 to €332
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 | €195,316 | €168,395 | -€26,921 | -13.8% |
| Fixed assets | 21/28 | €137,395 | €119,899 | -€17,496 | -12.7% |
| Intangible fixed assets | 21 | €316 | €216 | -€100 | -31.7% |
| Tangible fixed assets | 22/27 | €106,914 | €119,548 | +€12,634 | +11.8% |
| Plant, machinery and equipment | 23 | €19,538 | €15,325 | -€4,213 | -21.6% |
| Furniture and vehicles | 24 | €24,781 | €21,512 | -€3,269 | -13.2% |
| Leasing and similar rights | 25 | €57,244 | €77,894 | +€20,651 | +36.1% |
| Other tangible fixed assets | 26 | €5,351 | €4,816 | -€535 | -10.0% |
| Financial fixed assets | 28 | €30,165 | €135 | -€30,030 | -99.6% |
| Current assets | 29/58 | €57,921 | €48,496 | -€9,425 | -16.3% |
| Amounts receivable within one year | 40/41 | €45,988 | €14,347 | -€31,640 | -68.8% |
| Trade receivables | 40 | €21,988 | €10,563 | -€11,425 | -52.0% |
| Other amounts receivable | 41 | €24,000 | €3,785 | -€20,215 | -84.2% |
| Cash at bank and in hand | 54/58 | €10,442 | €6,611 | -€3,831 | -36.7% |
| Deferred charges and accrued income | 490/1 | €1,492 | €27,538 | +€26,046 | +1746.1% |
| Total equity and liabilities | 10/49 | €195,316 | €168,395 | -€26,921 | -13.8% |
| Equity | 10/15 | -€17,476 | -€38,912 | -€21,436 | -122.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,476 | -€43,912 | -€21,436 | -95.4% |
| Amounts payable | 17/49 | €212,792 | €207,307 | -€5,485 | -2.6% |
| Amounts payable after more than one year | 17 | €75,636 | €93,110 | +€17,474 | +23.1% |
| Financial debts | 170/4 | €75,636 | €93,110 | +€17,474 | +23.1% |
| Amounts payable within one year | 42/48 | €137,156 | €114,197 | -€22,959 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €28,650 | €35,723 | +€7,073 | +24.7% |
| Trade debts | 44 | €16,059 | €16,571 | +€512 | +3.2% |
| Suppliers | 440/4 | €16,059 | €16,571 | +€512 | +3.2% |
| Taxes, remuneration and social security | 45 | €3,373 | €1,793 | -€1,580 | -46.8% |
| Taxes | 450/3 | €3,373 | €1,793 | -€1,580 | -46.8% |
| Other amounts payable | 47/48 | €89,074 | €60,110 | -€28,964 | -32.5% |
| Non-recurring operating income | 76A | €6,250 | €0 | -€6,250 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,635 | €16,244 | +€12,609 | +346.9% |
| Other operating charges | 640/8 | €29,966 | €16,071 | -€13,895 | -46.4% |
| Gross operating margin | 9900 | €19,354 | €17,036 | -€2,318 | -12.0% |
| Operating profit (loss) | 9901 | -€14,247 | -€15,279 | -€1,032 | -7.2% |
| Financial income | 75/76B | €102 | €10 | -€92 | -90.2% |
| Recurring financial income | 75 | €102 | €10 | -€92 | -90.2% |
| Financial charges | 65/66B | €7,470 | €5,835 | -€1,635 | -21.9% |
| Recurring financial charges | 65 | €7,470 | €5,835 | -€1,635 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€21,615 | -€21,104 | +€511 | +2.4% |
| Income taxes | 67/77 | €861 | €332 | -€530 | -61.5% |
| Profit (loss) for the period | 9904 | -€22,476 | -€21,436 | +€1,040 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,476 | -€21,436 | +€1,040 | +4.6% |
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 5 October 2026 via checked.be.