VEYS Isabel: 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.
VEYS Isabel
Largest movements
- Cash +€4,792
up €4,792 (+94.8%), from €5,052 to €9,844
mainly Net result for the year (+€11,250) and Depreciation (+€4,717)
- Tangible fixed assets +€3,034
up €3,034 (+12.6%), from €24,018 to €27,052
of which Furniture and vehicles: +€6,536
- Receivables within one year +€1,986
up €1,986 (+11.0%), from €18,055 to €20,040
of which Trade receivables: +€1,925
- Receivables after one year -€1,880
down €1,880 (-9.0%), from €20,826 to €18,947
- Reserves +€11,250
up €11,250 (+55.1%), from €20,404 to €31,654
of which Distributable reserves: +€11,250
- Short-term financial debts -€4,918
down €4,918 (-100%), from €4,918 to €0
- Tax, wage and social debts +€4,626
up €4,626 (+33.9%), from €13,632 to €18,258
of which Taxes: +€4,850
- Other debts -€4,262
down €4,262 (-37.2%), from €11,445 to €7,183
- Debts after one year +€2,099
up €2,099, from €0 to €2,099
- Gross operating margin +€13,155
up €13,155 (+113%), from €11,643 to €24,798
- Taxes +€3,793
up €3,793 (+123%), from €3,096 to €6,890
- Depreciation +€615
up €615 (+15.0%), from €4,102 to €4,717
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 | €68,746 | €77,386 | +€8,640 | +12.6% |
| Fixed assets | 21/28 | €24,018 | €27,052 | +€3,034 | +12.6% |
| Tangible fixed assets | 22/27 | €24,018 | €27,052 | +€3,034 | +12.6% |
| Furniture and vehicles | 24 | €1,345 | €7,881 | +€6,536 | +486% |
| Other tangible fixed assets | 26 | €22,673 | €19,171 | -€3,502 | -15.4% |
| Current assets | 29/58 | €44,728 | €50,334 | +€5,606 | +12.5% |
| Amounts receivable after more than one year | 29 | €20,826 | €18,947 | -€1,880 | -9.0% |
| Other amounts receivable | 291 | €20,826 | €18,947 | -€1,880 | -9.0% |
| Amounts receivable within one year | 40/41 | €18,055 | €20,040 | +€1,986 | +11.0% |
| Trade receivables | 40 | €16,236 | €18,161 | +€1,925 | +11.9% |
| Other amounts receivable | 41 | €1,819 | €1,880 | +€61 | +3.3% |
| Cash at bank and in hand | 54/58 | €5,052 | €9,844 | +€4,792 | +94.8% |
| Deferred charges and accrued income | 490/1 | €795 | €1,503 | +€708 | +89.1% |
| Total equity and liabilities | 10/49 | €68,746 | €77,386 | +€8,640 | +12.6% |
| Equity | 10/15 | €32,804 | €44,054 | +€11,250 | +34.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,404 | €31,654 | +€11,250 | +55.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €20,404 | €31,654 | +€11,250 | +55.1% |
| Amounts payable | 17/49 | €35,942 | €33,332 | -€2,610 | -7.3% |
| Amounts payable after more than one year | 17 | €0 | €2,099 | +€2,099 | |
| Financial debts | 170/4 | €0 | €2,099 | +€2,099 | |
| Amounts payable within one year | 42/48 | €35,438 | €30,705 | -€4,733 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €2,224 | €3,488 | +€1,264 | +56.8% |
| Financial debts | 43 | €4,918 | €0 | -€4,918 | -100% |
| Credit institutions | 430/8 | €4,918 | €0 | -€4,918 | -100% |
| Trade debts | 44 | €3,219 | €1,776 | -€1,443 | -44.8% |
| Suppliers | 440/4 | €3,219 | €1,776 | -€1,443 | -44.8% |
| Taxes, remuneration and social security | 45 | €13,632 | €18,258 | +€4,626 | +33.9% |
| Taxes | 450/3 | €11,773 | €16,623 | +€4,850 | +41.2% |
| Remuneration and social security | 454/9 | €1,859 | €1,635 | -€224 | -12.1% |
| Other amounts payable | 47/48 | €11,445 | €7,183 | -€4,262 | -37.2% |
| Accrued charges and deferred income | 492/3 | €503 | €528 | +€24 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,102 | €4,717 | +€615 | +15.0% |
| Other operating charges | 640/8 | €1,091 | €1,160 | +€69 | +6.3% |
| Gross operating margin | 9900 | €11,643 | €24,798 | +€13,155 | +113% |
| Operating profit (loss) | 9901 | €6,450 | €18,921 | +€12,470 | +193% |
| Financial income | 75/76B | €778 | €721 | -€57 | -7.4% |
| Recurring financial income | 75 | €778 | €721 | -€57 | -7.4% |
| Financial charges | 65/66B | €1,668 | €1,502 | -€166 | -9.9% |
| Recurring financial charges | 65 | €1,668 | €1,502 | -€166 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €5,561 | €18,140 | +€12,579 | +226% |
| Income taxes | 67/77 | €3,096 | €6,890 | +€3,793 | +123% |
| Profit (loss) for the period | 9904 | €2,465 | €11,250 | +€8,785 | +356% |
| Profit (loss) for the period to be appropriated | 9905 | €2,465 | €11,250 | +€8,785 | +356% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.