LS-Vestilock: 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.
LS-Vestilock
Largest movements
- Cash -€17,121
down €17,121 (-31.0%), from €55,277 to €38,156
mainly Tax, wage and social debts (-€9,554) and Receivables within one year (-€8,054)
- Receivables within one year +€8,054
up €8,054 (+102%), from €7,887 to €15,941
of which Trade receivables: +€6,318
- Tax, wage and social debts -€9,554
down €9,554 (-93.7%), from €10,194 to €640
- Gross operating margin -€9,970
down €9,970 (-89.5%), from €11,140 to €1,170
- Taxes -€3,245
down €3,245 (-92.5%), from €3,509 to €264
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 | €63,902 | €54,426 | -€9,475 | -14.8% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €63,902 | €54,426 | -€9,475 | -14.8% |
| Amounts receivable within one year | 40/41 | €7,887 | €15,941 | +€8,054 | +102% |
| Trade receivables | 40 | €7,887 | €14,205 | +€6,318 | +80.1% |
| Other amounts receivable | 41 | - | €1,736 | +€1,736 | |
| Cash at bank and in hand | 54/58 | €55,277 | €38,156 | -€17,121 | -31.0% |
| Deferred charges and accrued income | 490/1 | €737 | €330 | -€408 | -55.3% |
| Total equity and liabilities | 10/49 | €63,902 | €54,426 | -€9,475 | -14.8% |
| Equity | 10/15 | €52,489 | €53,055 | +€565 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,889 | €34,455 | +€565 | +1.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,029 | €32,595 | +€565 | +1.8% |
| Amounts payable | 17/49 | €11,412 | €1,372 | -€10,041 | -88.0% |
| Amounts payable within one year | 42/48 | €11,412 | €1,372 | -€10,041 | -88.0% |
| Trade debts | 44 | €1,043 | €556 | -€487 | -46.7% |
| Suppliers | 440/4 | €1,043 | €556 | -€487 | -46.7% |
| Taxes, remuneration and social security | 45 | €10,194 | €640 | -€9,554 | -93.7% |
| Taxes | 450/3 | €10,194 | €640 | -€9,554 | -93.7% |
| Other amounts payable | 47/48 | €175 | €175 | = | 0.0% |
| Other operating charges | 640/8 | €280 | €287 | +€7 | +2.4% |
| Gross operating margin | 9900 | €11,140 | €1,170 | -€9,970 | -89.5% |
| Operating profit (loss) | 9901 | €10,860 | €883 | -€9,977 | -91.9% |
| Financial charges | 65/66B | €78 | €54 | -€24 | -30.5% |
| Recurring financial charges | 65 | €78 | €54 | -€24 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €10,782 | €829 | -€9,953 | -92.3% |
| Income taxes | 67/77 | €3,509 | €264 | -€3,245 | -92.5% |
| Profit (loss) for the period | 9904 | €7,274 | €565 | -€6,708 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,274 | €565 | -€6,708 | -92.2% |
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 26 October 2026 via checked.be.