VASTHILL: 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.
VASTHILL
Largest movements
- Cash +€13,810
up €13,810 (+52852.8%), from €26 to €13,837
mainly Other debts (+€12,348) and Tax, wage and social debts (+€6,675)
- Tangible fixed assets +€3,527
new in 2025: €3,527
- Receivables within one year +€3,319
up €3,319 (+2881.1%), from €115 to €3,434
of which Trade receivables: +€3,434
- Other debts +€12,348
up €12,348 (+3818.5%), from €323 to €12,672
- Tax, wage and social debts +€6,675
new in 2025: €6,675
of which Taxes: +€3,695
- Profit (loss) carried forward +€1,507
up €1,507 (+23.9%), from -€6,294 to -€4,787
- Gross operating margin +€9,974
up €9,974, from -€5,436 to €4,538
- Depreciation +€759
new in 2025: €759
- Other operating charges +€757
up €757 (+88.6%), from €855 to €1,612
- Taxes +€616
new in 2025: €616
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 | €141 | €20,797 | +€20,656 | +14616.5% |
| Fixed assets | 21/28 | - | €3,527 | +€3,527 | |
| Tangible fixed assets | 22/27 | - | €3,527 | +€3,527 | |
| Furniture and vehicles | 24 | - | €3,527 | +€3,527 | |
| Current assets | 29/58 | €141 | €17,271 | +€17,129 | +12120.9% |
| Amounts receivable within one year | 40/41 | €115 | €3,434 | +€3,319 | +2881.1% |
| Trade receivables | 40 | - | €3,434 | +€3,434 | |
| Other amounts receivable | 41 | €115 | - | -€115 | |
| Cash at bank and in hand | 54/58 | €26 | €13,837 | +€13,810 | +52852.8% |
| Total equity and liabilities | 10/49 | €141 | €20,797 | +€20,656 | +14616.5% |
| Equity | 10/15 | -€294 | €1,213 | +€1,507 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,294 | -€4,787 | +€1,507 | +23.9% |
| Amounts payable | 17/49 | €435 | €19,584 | +€19,149 | +4400.1% |
| Amounts payable within one year | 42/48 | €435 | €19,584 | +€19,149 | +4400.1% |
| Trade debts | 44 | €112 | €238 | +€126 | +112.8% |
| Suppliers | 440/4 | €112 | €238 | +€126 | +112.8% |
| Taxes, remuneration and social security | 45 | - | €6,675 | +€6,675 | |
| Taxes | 450/3 | - | €3,695 | +€3,695 | |
| Remuneration and social security | 454/9 | - | €2,980 | +€2,980 | |
| Other amounts payable | 47/48 | €323 | €12,672 | +€12,348 | +3818.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €759 | +€759 | |
| Other operating charges | 640/8 | €855 | €1,612 | +€757 | +88.6% |
| Gross operating margin | 9900 | -€5,436 | €4,538 | +€9,974 | |
| Operating profit (loss) | 9901 | -€6,291 | €2,167 | +€8,457 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3 | €44 | +€40 | +1238.5% |
| Recurring financial charges | 65 | €3 | €44 | +€40 | +1238.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,294 | €2,123 | +€8,417 | |
| Income taxes | 67/77 | - | €616 | +€616 | |
| Profit (loss) for the period | 9904 | -€6,294 | €1,507 | +€7,801 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,294 | €1,507 | +€7,801 |
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.