VASTI: 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.
VASTI
Largest movements
- Tangible fixed assets -€38,989
down €38,989 (-3.3%), from €1.2m to €1.2m
of which Land and buildings: -€40,717
- Profit (loss) carried forward -€44,565
down €44,565 (-8.9%), from -€500,869 to -€545,434
- Other operating charges -€64,981
down €64,981 (-86.5%), from €75,132 to €10,151
- Depreciation +€14,247
up €14,247 (+52.4%), from €27,199 to €41,446
- Gross operating margin +€858
up €858 (+13.5%), from €6,357 to €7,215
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 | €1,355,550 | €1,311,092 | -€44,458 | -3.3% |
| Fixed assets | 21/28 | €1,197,635 | €1,158,646 | -€38,989 | -3.3% |
| Tangible fixed assets | 22/27 | €1,197,635 | €1,158,646 | -€38,989 | -3.3% |
| Land and buildings | 22 | €1,197,635 | €1,156,918 | -€40,717 | -3.4% |
| Plant, machinery and equipment | 23 | - | €1,727 | +€1,727 | |
| Current assets | 29/58 | €157,915 | €152,447 | -€5,468 | -3.5% |
| Cash at bank and in hand | 54/58 | €157,333 | €152,447 | -€4,887 | -3.1% |
| Deferred charges and accrued income | 490/1 | €582 | €0 | -€582 | -100.0% |
| Total equity and liabilities | 10/49 | €1,355,550 | €1,311,092 | -€44,458 | -3.3% |
| Equity | 10/15 | -€480,869 | -€525,434 | -€44,565 | -9.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€500,869 | -€545,434 | -€44,565 | -8.9% |
| Amounts payable | 17/49 | €1,836,418 | €1,836,526 | +€108 | 0.0% |
| Amounts payable within one year | 42/48 | €1,836,418 | €1,836,526 | +€108 | 0.0% |
| Trade debts | 44 | €2,015 | €5,303 | +€3,289 | +163.2% |
| Suppliers | 440/4 | €2,015 | €5,303 | +€3,289 | +163.2% |
| Other amounts payable | 47/48 | €1,834,404 | €1,831,223 | -€3,181 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,199 | €41,446 | +€14,247 | +52.4% |
| Other operating charges | 640/8 | €75,132 | €10,151 | -€64,981 | -86.5% |
| Gross operating margin | 9900 | €6,357 | €7,215 | +€858 | +13.5% |
| Operating profit (loss) | 9901 | -€95,974 | -€44,382 | +€51,592 | +53.8% |
| Financial charges | 65/66B | €161 | €183 | +€22 | +13.5% |
| Recurring financial charges | 65 | €161 | €183 | +€22 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€96,135 | -€44,565 | +€51,570 | +53.6% |
| Profit (loss) for the period | 9904 | -€96,135 | -€44,565 | +€51,570 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€96,135 | -€44,565 | +€51,570 | +53.6% |
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 9 October 2026 via checked.be.