Vasigrig: 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.
Vasigrig
Largest movements
- Cash +€52,025
up €52,025 (+86.0%), from €60,511 to €112,537
mainly Net result for the year (+€38,246) and Tax, wage and social debts (+€16,109)
- Tangible fixed assets -€8,716
down €8,716 (-34.8%), from €25,028 to €16,311
of which Furniture and vehicles: -€9,289
- Receivables within one year +€3,960
up €3,960 (+50.9%), from €7,786 to €11,746
- Stocks and contracts +€2,732
up €2,732 (+54.6%), from €5,000 to €7,733
- Profit (loss) carried forward +€38,246
up €38,246 (+63.6%), from €60,152 to €98,398
- Tax, wage and social debts +€16,109
up €16,109 (+146.5%), from €10,993 to €27,102
- Current portion of long-term debt -€9,257
no longer reported in 2025 (was €9,257)
- Trade debts +€4,903
up €4,903 (+123.4%), from €3,972 to €8,874
- Gross operating margin +€31,690
up €31,690 (+83.5%), from €37,933 to €69,622
- Taxes +€9,418
up €9,418 (+153.9%), from €6,117 to €15,535
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 | €98,325 | €148,326 | +€50,001 | +50.9% |
| Fixed assets | 21/28 | €25,028 | €16,311 | -€8,716 | -34.8% |
| Tangible fixed assets | 22/27 | €25,028 | €16,311 | -€8,716 | -34.8% |
| Plant, machinery and equipment | 23 | €1,146 | €1,718 | +€573 | +50.0% |
| Furniture and vehicles | 24 | €23,882 | €14,593 | -€9,289 | -38.9% |
| Current assets | 29/58 | €73,298 | €132,015 | +€58,718 | +80.1% |
| Stocks and contracts in progress | 3 | €5,000 | €7,733 | +€2,732 | +54.6% |
| Stocks | 30/36 | €5,000 | €7,733 | +€2,732 | +54.6% |
| Amounts receivable within one year | 40/41 | €7,786 | €11,746 | +€3,960 | +50.9% |
| Other amounts receivable | 41 | €7,786 | €11,746 | +€3,960 | +50.9% |
| Cash at bank and in hand | 54/58 | €60,511 | €112,537 | +€52,025 | +86.0% |
| Total equity and liabilities | 10/49 | €98,325 | €148,326 | +€50,001 | +50.9% |
| Equity | 10/15 | €68,212 | €106,458 | +€38,246 | +56.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,152 | €98,398 | +€38,246 | +63.6% |
| Amounts payable | 17/49 | €30,114 | €41,869 | +€11,755 | +39.0% |
| Amounts payable after more than one year | 17 | €5,892 | €5,892 | = | 0.0% |
| Financial debts | 170/4 | €5,892 | €5,892 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,221 | €35,976 | +€11,755 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | €9,257 | - | -€9,257 | |
| Trade debts | 44 | €3,972 | €8,874 | +€4,903 | +123.4% |
| Suppliers | 440/4 | €3,972 | €8,874 | +€4,903 | +123.4% |
| Taxes, remuneration and social security | 45 | €10,993 | €27,102 | +€16,109 | +146.5% |
| Taxes | 450/3 | €10,993 | €27,102 | +€16,109 | +146.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,117 | €10,365 | +€248 | +2.5% |
| Other operating charges | 640/8 | €550 | €1,181 | +€631 | +114.7% |
| Gross operating margin | 9900 | €37,933 | €69,622 | +€31,690 | +83.5% |
| Operating profit (loss) | 9901 | €27,266 | €58,076 | +€30,810 | +113.0% |
| Financial charges | 65/66B | €3,924 | €4,295 | +€371 | +9.4% |
| Recurring financial charges | 65 | €3,924 | €4,295 | +€371 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €23,342 | €53,781 | +€30,439 | +130.4% |
| Income taxes | 67/77 | €6,117 | €15,535 | +€9,418 | +153.9% |
| Profit (loss) for the period | 9904 | €17,224 | €38,246 | +€21,022 | +122.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,224 | €38,246 | +€21,022 | +122.0% |
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 4 October 2026 via checked.be.