Vazy Collection: 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.
Vazy Collection
Largest movements
- Receivables within one year +€56,572
up €56,572 (+614912.3%), from €9 to €56,581
of which Trade receivables: +€56,581
- Cash +€12,142
up €12,142 (+365.6%), from €3,321 to €15,463
mainly Advances received (+€35,000) and Net result for the year (+€17,020)
- Advances received +€35,000
new in 2025: €35,000
- Profit (loss) carried forward +€16,119
no longer reported in 2025 (was -€16,119)
- Other debts +€11,445
up €11,445 (+79.2%), from €14,449 to €25,894
- Trade debts +€4,922
new in 2025: €4,922
- Reserves +€901
new in 2025: €901
- Gross operating margin +€18,082
new in 2025: €18,082
- Taxes +€328
new in 2025: €328
- Other operating charges +€216
up €216 (+47.9%), from €451 to €667
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 | €3,330 | €72,044 | +€68,714 | +2063.4% |
| Current assets | 29/58 | €3,330 | €72,044 | +€68,714 | +2063.4% |
| Amounts receivable within one year | 40/41 | €9 | €56,581 | +€56,572 | +614912.3% |
| Trade receivables | 40 | - | €56,581 | +€56,581 | |
| Other amounts receivable | 41 | €9 | - | -€9 | |
| Cash at bank and in hand | 54/58 | €3,321 | €15,463 | +€12,142 | +365.6% |
| Total equity and liabilities | 10/49 | €3,330 | €72,044 | +€68,714 | +2063.4% |
| Equity | 10/15 | -€11,119 | €5,901 | +€17,020 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €901 | +€901 | |
| Distributable reserves | 133 | - | €901 | +€901 | |
| Profit (loss) carried forward | 14 | -€16,119 | - | +€16,119 | |
| Amounts payable | 17/49 | €14,449 | €66,144 | +€51,694 | +357.8% |
| Amounts payable within one year | 42/48 | €14,449 | €66,144 | +€51,694 | +357.8% |
| Trade debts | 44 | - | €4,922 | +€4,922 | |
| Suppliers | 440/4 | - | €4,922 | +€4,922 | |
| Advances received on contracts in progress | 46 | - | €35,000 | +€35,000 | |
| Taxes, remuneration and social security | 45 | - | €328 | +€328 | |
| Taxes | 450/3 | - | €328 | +€328 | |
| Other amounts payable | 47/48 | €14,449 | €25,894 | +€11,445 | +79.2% |
| Other operating charges | 640/8 | €451 | €667 | +€216 | +47.9% |
| Gross operating margin | 9900 | - | €18,082 | +€18,082 | |
| Operating profit (loss) | 9901 | -€451 | €17,415 | +€17,866 | |
| Financial charges | 65/66B | €42 | €67 | +€25 | +60.5% |
| Recurring financial charges | 65 | €42 | €67 | +€25 | +60.5% |
| Profit (loss) for the period before taxes | 9903 | -€493 | €17,348 | +€17,841 | |
| Income taxes | 67/77 | - | €328 | +€328 | |
| Profit (loss) for the period | 9904 | -€493 | €17,020 | +€17,513 | |
| Profit (loss) for the period to be appropriated | 9905 | -€493 | €17,020 | +€17,513 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.