Vega Gonzalez: 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.
Vega Gonzalez
Largest movements
- Cash +€98,657
up €98,657 (+1,059%), from €9,315 to €107,972
mainly Net result for the year (+€76,458) and Current investments (+€50,000)
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year -€10,843
down €10,843 (-50.4%), from €21,502 to €10,659
of which Trade receivables: -€11,405
- Reserves +€76,458
up €76,458 (+64.9%), from €117,836 to €194,294
- Debts after one year -€45,919
down €45,919 (-11.3%), from €405,765 to €359,845
- Gross operating margin +€7,111
up €7,111 (+7.6%), from €93,814 to €100,925
- Financial income +€2,588
up €2,588 (+11.8%), from €21,980 to €24,567
- Taxes +€2,450
up €2,450 (+9.9%), from €24,663 to €27,113
- Financial charges -€1,489
down €1,489 (-9.1%), from €16,297 to €14,808
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 | €591,908 | €626,237 | +€34,329 | +5.8% |
| Fixed assets | 21/28 | €506,993 | €502,689 | -€4,304 | -0.8% |
| Tangible fixed assets | 22/27 | €6,993 | €2,689 | -€4,304 | -61.5% |
| Plant, machinery and equipment | 23 | - | €1,957 | +€1,957 | |
| Furniture and vehicles | 24 | €6,993 | €732 | -€6,261 | -89.5% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €84,915 | €123,548 | +€38,633 | +45.5% |
| Amounts receivable within one year | 40/41 | €21,502 | €10,659 | -€10,843 | -50.4% |
| Trade receivables | 40 | €11,550 | €145 | -€11,405 | -98.7% |
| Other amounts receivable | 41 | €9,952 | €10,514 | +€562 | +5.6% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €9,315 | €107,972 | +€98,657 | +1,059% |
| Deferred charges and accrued income | 490/1 | €4,098 | €4,917 | +€819 | +20.0% |
| Total equity and liabilities | 10/49 | €591,908 | €626,237 | +€34,329 | +5.8% |
| Equity | 10/15 | €119,836 | €196,294 | +€76,458 | +63.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €117,836 | €194,294 | +€76,458 | +64.9% |
| Distributable reserves | 133 | €117,836 | €194,294 | +€76,458 | +64.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €472,072 | €429,943 | -€42,128 | -8.9% |
| Amounts payable after more than one year | 17 | €405,765 | €359,845 | -€45,919 | -11.3% |
| Financial debts | 170/4 | €405,765 | €359,845 | -€45,919 | -11.3% |
| Amounts payable within one year | 42/48 | €65,015 | €68,933 | +€3,918 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €44,367 | €45,919 | +€1,553 | +3.5% |
| Trade debts | 44 | €1,470 | €2,615 | +€1,145 | +77.9% |
| Suppliers | 440/4 | €1,470 | €2,615 | +€1,145 | +77.9% |
| Taxes, remuneration and social security | 45 | €18,346 | €20,399 | +€2,054 | +11.2% |
| Taxes | 450/3 | €18,346 | €20,399 | +€2,054 | +11.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €833 | €0 | -€833 | -100% |
| Accrued charges and deferred income | 492/3 | €1,292 | €1,165 | -€127 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,278 | €6,314 | +€36 | +0.6% |
| Other operating charges | 640/8 | €430 | €799 | +€369 | +85.9% |
| Gross operating margin | 9900 | €93,814 | €100,925 | +€7,111 | +7.6% |
| Operating profit (loss) | 9901 | €87,106 | €93,811 | +€6,706 | +7.7% |
| Financial income | 75/76B | €21,980 | €24,567 | +€2,588 | +11.8% |
| Recurring financial income | 75 | €21,980 | €24,567 | +€2,588 | +11.8% |
| Financial charges | 65/66B | €16,297 | €14,808 | -€1,489 | -9.1% |
| Recurring financial charges | 65 | €16,297 | €14,808 | -€1,489 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €92,788 | €103,571 | +€10,783 | +11.6% |
| Income taxes | 67/77 | €24,663 | €27,113 | +€2,450 | +9.9% |
| Profit (loss) for the period | 9904 | €68,125 | €76,458 | +€8,333 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,125 | €76,458 | +€8,333 | +12.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.