VASTBENOEMD: 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.
VASTBENOEMD
Largest movements
- Receivables within one year +€27,674
up €27,674 (+2,234%), from €1,239 to €28,913
of which Other amounts receivable: +€21,942
- Tangible fixed assets -€8,896
down €8,896 (-12.7%), from €70,067 to €61,171
of which Land and buildings: -€5,903
- Cash -€7,357
down €7,357 (-9.0%), from €81,954 to €74,597
mainly Receivables within one year (-€27,674) and Debts after one year (-€5,185)
- Other debts +€6,830
up €6,830 (+11.3%), from €60,502 to €67,331
- Profit (loss) carried forward +€5,631
up €5,631 (+53.5%), from -€10,526 to -€4,894
- Debts after one year -€5,185
down €5,185 (-8.4%), from €61,931 to €56,746
- Accrued charges and deferred income +€2,540
up €2,540 (+35.5%), from €7,158 to €9,698
- Gross operating margin +€3,434
up €3,434 (+20.5%), from €16,750 to €20,184
- Taxes +€618
up €618 (+24.5%), from €2,526 to €3,144
- Depreciation -€214
down €214 (-2.4%), from €9,110 to €8,896
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 | €154,260 | €165,681 | +€11,422 | +7.4% |
| Fixed assets | 21/28 | €71,067 | €62,171 | -€8,896 | -12.5% |
| Tangible fixed assets | 22/27 | €70,067 | €61,171 | -€8,896 | -12.7% |
| Land and buildings | 22 | €62,767 | €56,863 | -€5,903 | -9.4% |
| Plant, machinery and equipment | 23 | €1,644 | €1,056 | -€588 | -35.8% |
| Furniture and vehicles | 24 | €5,656 | €3,251 | -€2,405 | -42.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €83,193 | €103,511 | +€20,318 | +24.4% |
| Amounts receivable within one year | 40/41 | €1,239 | €28,913 | +€27,674 | +2,234% |
| Trade receivables | 40 | €363 | €6,095 | +€5,732 | +1,579% |
| Other amounts receivable | 41 | €876 | €22,818 | +€21,942 | +2,505% |
| Cash at bank and in hand | 54/58 | €81,954 | €74,597 | -€7,357 | -9.0% |
| Total equity and liabilities | 10/49 | €154,260 | €165,681 | +€11,422 | +7.4% |
| Equity | 10/15 | €16,294 | €21,926 | +€5,631 | +34.6% |
| Contributions | 10/11 | €15,200 | €15,200 | = | 0.0% |
| Reserves | 13 | €11,620 | €11,620 | = | 0.0% |
| Distributable reserves | 133 | €11,620 | €11,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,526 | -€4,894 | +€5,631 | +53.5% |
| Amounts payable | 17/49 | €137,965 | €143,755 | +€5,790 | +4.2% |
| Amounts payable after more than one year | 17 | €61,931 | €56,746 | -€5,185 | -8.4% |
| Financial debts | 170/4 | €61,931 | €56,746 | -€5,185 | -8.4% |
| Amounts payable within one year | 42/48 | €68,876 | €77,311 | +€8,435 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €5,102 | €5,185 | +€83 | +1.6% |
| Trade debts | 44 | €747 | €1,093 | +€346 | +46.4% |
| Suppliers | 440/4 | €747 | €1,093 | +€346 | +46.4% |
| Taxes, remuneration and social security | 45 | €2,526 | €3,702 | +€1,176 | +46.6% |
| Taxes | 450/3 | €2,526 | €3,702 | +€1,176 | +46.6% |
| Other amounts payable | 47/48 | €60,502 | €67,331 | +€6,830 | +11.3% |
| Accrued charges and deferred income | 492/3 | €7,158 | €9,698 | +€2,540 | +35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,110 | €8,896 | -€214 | -2.4% |
| Other operating charges | 640/8 | €1,123 | €1,223 | +€99 | +8.8% |
| Gross operating margin | 9900 | €16,750 | €20,184 | +€3,434 | +20.5% |
| Operating profit (loss) | 9901 | €6,516 | €10,065 | +€3,549 | +54.5% |
| Financial charges | 65/66B | €1,307 | €1,290 | -€17 | -1.3% |
| Recurring financial charges | 65 | €1,307 | €1,290 | -€17 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €5,209 | €8,775 | +€3,566 | +68.5% |
| Income taxes | 67/77 | €2,526 | €3,144 | +€618 | +24.5% |
| Profit (loss) for the period | 9904 | €2,683 | €5,631 | +€2,948 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €2,683 | €5,631 | +€2,948 | +110% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.