VASTIO: 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.
VASTIO
Largest movements
- Cash +€53,394
up €53,394 (+175.0%), from €30,513 to €83,906
mainly Current investments (+€30,000) and Net result for the year (+€17,683)
- Current investments -€30,000
down €30,000 (-37.5%), from €80,000 to €50,000
- Receivables within one year -€5,205
down €5,205 (-19.6%), from €26,580 to €21,374
of which Other amounts receivable: -€4,953
- Tangible fixed assets +€3,410
up €3,410 (+18.1%), from €18,886 to €22,297
of which Plant, machinery and equipment: +€2,369
- Reserves +€16,083
up €16,083 (+12.0%), from €133,920 to €150,004
of which Distributable reserves: +€16,083
- Tax, wage and social debts +€4,783
up €4,783 (+77.1%), from €6,201 to €10,984
- Gross operating margin +€48,401
up €48,401 (+172.1%), from €28,125 to €76,526
- Staff costs +€46,848
new in 2025: €46,848
- Financial income +€3,217
new in 2025: €3,217
- Depreciation +€1,732
up €1,732 (+37.0%), from €4,684 to €6,415
- Taxes +€841
up €841 (+12.4%), from €6,806 to €7,647
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 | €158,469 | €180,206 | +€21,737 | +13.7% |
| Fixed assets | 21/28 | €18,886 | €22,297 | +€3,410 | +18.1% |
| Tangible fixed assets | 22/27 | €18,886 | €22,297 | +€3,410 | +18.1% |
| Land and buildings | 22 | €6,059 | €7,100 | +€1,041 | +17.2% |
| Plant, machinery and equipment | 23 | €12,827 | €15,196 | +€2,369 | +18.5% |
| Current assets | 29/58 | €139,583 | €157,910 | +€18,327 | +13.1% |
| Amounts receivable within one year | 40/41 | €26,580 | €21,374 | -€5,205 | -19.6% |
| Trade receivables | 40 | €309 | €56 | -€253 | -81.9% |
| Other amounts receivable | 41 | €26,271 | €21,319 | -€4,953 | -18.9% |
| Current investments | 50/53 | €80,000 | €50,000 | -€30,000 | -37.5% |
| Cash at bank and in hand | 54/58 | €30,513 | €83,906 | +€53,394 | +175.0% |
| Deferred charges and accrued income | 490/1 | €2,490 | €2,629 | +€138 | +5.6% |
| Total equity and liabilities | 10/49 | €158,469 | €180,206 | +€21,737 | +13.7% |
| Equity | 10/15 | €149,324 | €165,407 | +€16,083 | +10.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €133,920 | €150,004 | +€16,083 | +12.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €133,300 | €149,384 | +€16,083 | +12.1% |
| Profit (loss) carried forward | 14 | €9,204 | €9,204 | = | 0.0% |
| Amounts payable | 17/49 | €9,145 | €14,799 | +€5,654 | +61.8% |
| Amounts payable within one year | 42/48 | €9,145 | €14,799 | +€5,654 | +61.8% |
| Trade debts | 44 | €2,143 | €2,806 | +€663 | +30.9% |
| Suppliers | 440/4 | €2,143 | €2,806 | +€663 | +30.9% |
| Taxes, remuneration and social security | 45 | €6,201 | €10,984 | +€4,783 | +77.1% |
| Taxes | 450/3 | €6,201 | €10,984 | +€4,783 | +77.1% |
| Other amounts payable | 47/48 | €801 | €1,009 | +€208 | +25.9% |
| Remuneration, social security and pensions | 62 | - | €46,848 | +€46,848 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,684 | €6,415 | +€1,732 | +37.0% |
| Other operating charges | 640/8 | €1,169 | €995 | -€174 | -14.9% |
| Gross operating margin | 9900 | €28,125 | €76,526 | +€48,401 | +172.1% |
| Operating profit (loss) | 9901 | €22,272 | €22,267 | -€6 | 0.0% |
| Financial income | 75/76B | - | €3,217 | +€3,217 | |
| Recurring financial income | 75 | - | €3,217 | +€3,217 | |
| Financial charges | 65/66B | €96 | €153 | +€57 | +59.8% |
| Recurring financial charges | 65 | €96 | €153 | +€57 | +59.8% |
| Profit (loss) for the period before taxes | 9903 | €22,176 | €25,330 | +€3,154 | +14.2% |
| Income taxes | 67/77 | €6,806 | €7,647 | +€841 | +12.4% |
| Profit (loss) for the period | 9904 | €15,370 | €17,683 | +€2,313 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,370 | €17,683 | +€2,313 | +15.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.