VASTYMMO: 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.
VASTYMMO
Largest movements
- Tangible fixed assets +€48,232
up €48,232 (+2,471%), from €1,952 to €50,184
- Cash -€2,180
down €2,180 (-2.0%), from €106,623 to €104,442
mainly Investment in fixed assets (net) (-€53,417) and Deferred charges and accrued income (-€1,099)
- Reserves +€43,860
up €43,860 (+58.4%), from €75,132 to €118,992
- Tax, wage and social debts +€2,363
up €2,363 (+11.2%), from €21,030 to €23,393
of which Remuneration and social security: +€2,176
- Gross operating margin -€33,985
down €33,985 (-35.5%), from €95,722 to €61,737
- Taxes -€7,689
down €7,689 (-39.4%), from €19,493 to €11,804
- Depreciation +€4,577
up €4,577 (+753%), from €608 to €5,185
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 | €112,845 | €159,137 | +€46,292 | +41.0% |
| Fixed assets | 21/28 | €1,952 | €50,184 | +€48,232 | +2,471% |
| Tangible fixed assets | 22/27 | €1,952 | €50,184 | +€48,232 | +2,471% |
| Furniture and vehicles | 24 | €1,952 | €50,184 | +€48,232 | +2,471% |
| Current assets | 29/58 | €110,893 | €108,954 | -€1,939 | -1.7% |
| Amounts receivable within one year | 40/41 | €4,094 | €3,236 | -€858 | -21.0% |
| Trade receivables | 40 | €378 | €303 | -€75 | -19.9% |
| Other amounts receivable | 41 | €3,716 | €2,933 | -€783 | -21.1% |
| Cash at bank and in hand | 54/58 | €106,623 | €104,442 | -€2,180 | -2.0% |
| Deferred charges and accrued income | 490/1 | €177 | €1,276 | +€1,099 | +621% |
| Total equity and liabilities | 10/49 | €112,845 | €159,137 | +€46,292 | +41.0% |
| Equity | 10/15 | €90,132 | €133,992 | +€43,860 | +48.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €75,132 | €118,992 | +€43,860 | +58.4% |
| Distributable reserves | 133 | €75,132 | €118,992 | +€43,860 | +58.4% |
| Amounts payable | 17/49 | €22,713 | €25,145 | +€2,432 | +10.7% |
| Amounts payable within one year | 42/48 | €21,963 | €25,145 | +€3,182 | +14.5% |
| Trade debts | 44 | €813 | €1,550 | +€737 | +90.7% |
| Suppliers | 440/4 | €813 | €1,550 | +€737 | +90.7% |
| Taxes, remuneration and social security | 45 | €21,030 | €23,393 | +€2,363 | +11.2% |
| Taxes | 450/3 | €21,030 | €21,217 | +€187 | +0.9% |
| Remuneration and social security | 454/9 | - | €2,176 | +€2,176 | |
| Other amounts payable | 47/48 | €120 | €202 | +€82 | +68.3% |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €608 | €5,185 | +€4,577 | +753% |
| Other operating charges | 640/8 | €940 | €814 | -€126 | -13.4% |
| Gross operating margin | 9900 | €95,722 | €61,737 | -€33,985 | -35.5% |
| Operating profit (loss) | 9901 | €94,174 | €55,738 | -€38,436 | -40.8% |
| Financial income | 75/76B | €496 | €27 | -€469 | -94.5% |
| Recurring financial income | 75 | €496 | €27 | -€469 | -94.5% |
| Financial charges | 65/66B | €45 | €101 | +€56 | +125% |
| Recurring financial charges | 65 | €45 | €101 | +€56 | +125% |
| Profit (loss) for the period before taxes | 9903 | €94,625 | €55,664 | -€38,961 | -41.2% |
| Income taxes | 67/77 | €19,493 | €11,804 | -€7,689 | -39.4% |
| Profit (loss) for the period | 9904 | €75,132 | €43,860 | -€31,272 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €75,132 | €43,860 | -€31,272 | -41.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.