Vatsquare Services: 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.
Vatsquare Services
Largest movements
- Receivables within one year +€11,037
up €11,037 (+634%), from €1,741 to €12,778
of which Trade receivables: +€10,720
- Cash +€5,195
up €5,195 (+48.1%), from €10,800 to €15,996
mainly Net result for the year (+€12,256) and Trade debts (+€4,000)
- Reserves +€11,315
new in 2025: €11,315
- Trade debts +€4,000
up €4,000 (+503%), from €796 to €4,796
- Tax, wage and social debts -€2,727
down €2,727 (-100%), from €2,727 to €0
- Other debts +€2,304
up €2,304, from €0 to €2,304
- Profit (loss) carried forward +€942
up €942, from -€942 to €0
- Gross operating margin +€18,047
up €18,047, from -€729 to €17,318
- Taxes +€4,118
up €4,118, from €0 to €4,118
- Other operating charges +€556
up €556 (+175%), from €318 to €874
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 | €12,541 | €28,773 | +€16,232 | +129% |
| Current assets | 29/58 | €12,541 | €28,773 | +€16,232 | +129% |
| Amounts receivable within one year | 40/41 | €1,741 | €12,778 | +€11,037 | +634% |
| Trade receivables | 40 | €963 | €11,683 | +€10,720 | +1,114% |
| Other amounts receivable | 41 | €778 | €1,095 | +€317 | +40.8% |
| Cash at bank and in hand | 54/58 | €10,800 | €15,996 | +€5,195 | +48.1% |
| Total equity and liabilities | 10/49 | €12,541 | €28,773 | +€16,232 | +129% |
| Equity | 10/15 | €9,018 | €21,275 | +€12,256 | +136% |
| Contributions | 10/11 | €9,960 | €9,960 | = | 0.0% |
| Reserves | 13 | - | €11,315 | +€11,315 | |
| Distributable reserves | 133 | - | €11,315 | +€11,315 | |
| Profit (loss) carried forward | 14 | -€942 | €0 | +€942 | |
| Amounts payable | 17/49 | €3,523 | €7,499 | +€3,976 | +113% |
| Amounts payable within one year | 42/48 | €3,523 | €7,499 | +€3,976 | +113% |
| Trade debts | 44 | €796 | €4,796 | +€4,000 | +503% |
| Suppliers | 440/4 | €796 | €4,796 | +€4,000 | +503% |
| Advances received on contracts in progress | 46 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €2,727 | €0 | -€2,727 | -100% |
| Taxes | 450/3 | €2,727 | €0 | -€2,727 | -100% |
| Other amounts payable | 47/48 | €0 | €2,304 | +€2,304 | |
| Other operating charges | 640/8 | €318 | €874 | +€556 | +175% |
| Gross operating margin | 9900 | -€729 | €17,318 | +€18,047 | |
| Operating profit (loss) | 9901 | -€1,047 | €16,444 | +€17,491 | |
| Financial income | 75/76B | €19 | €0 | -€19 | -100% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -100% |
| Financial charges | 65/66B | €62 | €69 | +€7 | +12.1% |
| Recurring financial charges | 65 | €62 | €69 | +€7 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,089 | €16,375 | +€17,464 | |
| Income taxes | 67/77 | €0 | €4,118 | +€4,118 | |
| Profit (loss) for the period | 9904 | -€1,089 | €12,256 | +€13,346 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,089 | €12,256 | +€13,346 |
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 31 October 2026 via checked.be.