Vastemans: 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.
Vastemans
Largest movements
- Cash +€13,614
up €13,614 (+12.8%), from €105,987 to €119,601
mainly Receivables within one year (+€12,734) and Depreciation (+€7,576)
- Receivables within one year -€12,734
down €12,734 (-92.0%), from €13,838 to €1,105
of which Other amounts receivable: -€12,209
- Tangible fixed assets -€7,576
no longer reported in 2025 (was €7,576)
- Profit (loss) carried forward -€10,843
down €10,843, from €6,594 to -€4,250
- Other debts +€6,468
new in 2025: €6,468
- Accrued charges and deferred income -€1,500
no longer reported in 2025 (was €1,500)
- Depreciation -€6,460
down €6,460 (-46.0%), from €14,036 to €7,576
- Gross operating margin +€3,819
up €3,819 (+85.0%), from -€4,490 to -€672
- Financial charges -€1,525
down €1,525 (-92.3%), from €1,652 to €126
- Other operating charges +€699
up €699 (+64.5%), from €1,084 to €1,783
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 | €128,914 | €122,218 | -€6,696 | -5.2% |
| Fixed assets | 21/28 | €9,089 | €1,513 | -€7,576 | -83.4% |
| Tangible fixed assets | 22/27 | €7,576 | - | -€7,576 | |
| Furniture and vehicles | 24 | €7,576 | - | -€7,576 | |
| Financial fixed assets | 28 | €1,513 | €1,513 | = | 0.0% |
| Current assets | 29/58 | €119,825 | €120,705 | +€880 | +0.7% |
| Amounts receivable within one year | 40/41 | €13,838 | €1,105 | -€12,734 | -92.0% |
| Trade receivables | 40 | €525 | - | -€525 | |
| Other amounts receivable | 41 | €13,314 | €1,105 | -€12,209 | -91.7% |
| Cash at bank and in hand | 54/58 | €105,987 | €119,601 | +€13,614 | +12.8% |
| Total equity and liabilities | 10/49 | €128,914 | €122,218 | -€6,696 | -5.2% |
| Equity | 10/15 | €26,594 | €15,750 | -€10,843 | -40.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,594 | -€4,250 | -€10,843 | |
| Amounts payable | 17/49 | €102,320 | €106,468 | +€4,147 | +4.1% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €820 | €6,468 | +€5,647 | +688.4% |
| Current portion of amounts payable after more than one year | 42 | €820 | - | -€820 | |
| Other amounts payable | 47/48 | - | €6,468 | +€6,468 | |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,036 | €7,576 | -€6,460 | -46.0% |
| Other operating charges | 640/8 | €1,084 | €1,783 | +€699 | +64.5% |
| Gross operating margin | 9900 | -€4,490 | -€672 | +€3,819 | +85.0% |
| Operating profit (loss) | 9901 | -€19,611 | -€10,031 | +€9,580 | +48.8% |
| Financial charges | 65/66B | €1,652 | €126 | -€1,525 | -92.3% |
| Recurring financial charges | 65 | €1,652 | €126 | -€1,525 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,262 | -€10,158 | +€11,105 | +52.2% |
| Income taxes | 67/77 | €685 | €685 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€21,948 | -€10,843 | +€11,105 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,948 | -€10,843 | +€11,105 | +50.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.