VICTORIA VEILINGEN: 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.
VICTORIA VEILINGEN
Largest movements
- Stocks and contracts -€2,370
down €2,370 (-8.9%), from €26,485 to €24,115
- Cash +€330
up €330 (+18.4%), from €1,790 to €2,120
mainly Stocks and contracts (+€2,370) and Net result for the year (+€1,195)
- Trade debts -€3,077
down €3,077 (-35.9%), from €8,574 to €5,497
- Profit (loss) carried forward +€1,195
up €1,195 (+1.6%), from -€73,724 to -€72,529
- Gross operating margin +€1,019
up €1,019 (+55.7%), from €1,828 to €2,847
- Other operating charges +€293
up €293 (+26.8%), from €1,094 to €1,387
- Financial charges +€74
up €74 (+38.3%), from €192 to €265
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 | €28,275 | €26,235 | -€2,040 | -7.2% |
| Current assets | 29/58 | €28,275 | €26,235 | -€2,040 | -7.2% |
| Stocks and contracts in progress | 3 | €26,485 | €24,115 | -€2,370 | -8.9% |
| Stocks | 30/36 | €26,485 | €24,115 | -€2,370 | -8.9% |
| Cash at bank and in hand | 54/58 | €1,790 | €2,120 | +€330 | +18.4% |
| Total equity and liabilities | 10/49 | €28,275 | €26,235 | -€2,040 | -7.2% |
| Equity | 10/15 | -€42,737 | -€41,543 | +€1,195 | +2.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,724 | -€72,529 | +€1,195 | +1.6% |
| Amounts payable | 17/49 | €71,013 | €67,778 | -€3,235 | -4.6% |
| Amounts payable within one year | 42/48 | €71,013 | €67,778 | -€3,235 | -4.6% |
| Trade debts | 44 | €8,574 | €5,497 | -€3,077 | -35.9% |
| Suppliers | 440/4 | €8,574 | €5,497 | -€3,077 | -35.9% |
| Taxes, remuneration and social security | 45 | €261 | €103 | -€158 | -60.5% |
| Taxes | 450/3 | €261 | €103 | -€158 | -60.5% |
| Other amounts payable | 47/48 | €62,178 | €62,178 | = | 0.0% |
| Other operating charges | 640/8 | €1,094 | €1,387 | +€293 | +26.8% |
| Gross operating margin | 9900 | €1,828 | €2,847 | +€1,019 | +55.7% |
| Operating profit (loss) | 9901 | €734 | €1,460 | +€726 | +98.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €192 | €265 | +€74 | +38.3% |
| Recurring financial charges | 65 | €192 | €265 | +€74 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €542 | €1,195 | +€653 | +120% |
| Profit (loss) for the period | 9904 | €542 | €1,195 | +€653 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €542 | €1,195 | +€653 | +120% |
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 14 October 2026 via checked.be.