VECTA: 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.
VECTA
Largest movements
- Current investments +€150,010
new in 2025: €150,010
- Cash -€109,115
down €109,115 (-86.2%), from €126,640 to €17,525
mainly Current investments (-€150,010) and Contributions, distributions and other (-€127,899)
- Accrued charges and deferred income +€65,361
new in 2025: €65,361
- Reserves -€57,180
down €57,180 (-44.7%), from €127,899 to €70,718
- Other debts +€31,387
up €31,387 (+18554.8%), from €169 to €31,556
- Financial income +€19,175
up €19,175 (+1861632.0%), from €1 to €19,176
- Gross operating margin -€7,539
down €7,539 (-8.8%), from €85,593 to €78,054
- Taxes +€7,530
up €7,530 (+42.1%), from €17,880 to €25,410
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 | €137,057 | €178,857 | +€41,800 | +30.5% |
| Current assets | 29/58 | €137,057 | €178,857 | +€41,800 | +30.5% |
| Amounts receivable within one year | 40/41 | €10,417 | €10,833 | +€417 | +4.0% |
| Trade receivables | 40 | €10,417 | €10,833 | +€417 | +4.0% |
| Current investments | 50/53 | - | €150,010 | +€150,010 | |
| Cash at bank and in hand | 54/58 | €126,640 | €17,525 | -€109,115 | -86.2% |
| Deferred charges and accrued income | 490/1 | - | €489 | +€489 | |
| Total equity and liabilities | 10/49 | €137,057 | €178,857 | +€41,800 | +30.5% |
| Equity | 10/15 | €130,399 | €73,218 | -€57,180 | -43.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €127,899 | €70,718 | -€57,180 | -44.7% |
| Distributable reserves | 133 | €127,899 | €70,718 | -€57,180 | -44.7% |
| Amounts payable | 17/49 | €6,658 | €105,639 | +€98,980 | +1486.6% |
| Amounts payable within one year | 42/48 | €6,658 | €40,278 | +€33,620 | +504.9% |
| Trade debts | 44 | €609 | €1,311 | +€703 | +115.4% |
| Suppliers | 440/4 | €609 | €1,311 | +€703 | +115.4% |
| Taxes, remuneration and social security | 45 | €5,880 | €7,410 | +€1,530 | +26.0% |
| Taxes | 450/3 | €5,880 | €5,410 | -€470 | -8.0% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €169 | €31,556 | +€31,387 | +18554.8% |
| Accrued charges and deferred income | 492/3 | - | €65,361 | +€65,361 | |
| Other operating charges | 640/8 | €141 | €544 | +€403 | +287.1% |
| Gross operating margin | 9900 | €85,593 | €78,054 | -€7,539 | -8.8% |
| Operating profit (loss) | 9901 | €85,452 | €77,510 | -€7,942 | -9.3% |
| Financial income | 75/76B | €1 | €19,176 | +€19,175 | +1861632.0% |
| Recurring financial income | 75 | €1 | €19,176 | +€19,175 | +1861632.0% |
| Financial charges | 65/66B | €47 | €557 | +€510 | +1074.7% |
| Recurring financial charges | 65 | €47 | €557 | +€510 | +1074.7% |
| Profit (loss) for the period before taxes | 9903 | €85,406 | €96,128 | +€10,723 | +12.6% |
| Income taxes | 67/77 | €17,880 | €25,410 | +€7,530 | +42.1% |
| Profit (loss) for the period | 9904 | €67,526 | €70,718 | +€3,193 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,526 | €70,718 | +€3,193 | +4.7% |
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 12 October 2026 via checked.be.