Vega Technologies: 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 Technologies
Largest movements
- Stocks and contracts -€25,017
down €25,017 (-25.4%), from €98,410 to €73,393
- Cash -€2,140
down €2,140 (-69.6%), from €3,077 to €937
mainly Net result for the year (-€64,228) and Investment in fixed assets (net) (-€2,562)
- Receivables within one year -€1,211
down €1,211 (-100%), from €1,211 to €0
- Profit (loss) carried forward -€64,228
down €64,228 (-57.2%), from -€112,247 to -€176,476
- Other debts +€31,021
up €31,021 (+174%), from €17,807 to €48,828
- Trade debts +€2,422
up €2,422, from €0 to €2,422
- Tax, wage and social debts +€1,757
up €1,757 (+58.0%), from €3,030 to €4,787
of which Remuneration and social security: +€1,500
- Financial charges +€28,263
up €28,263 (+2,372%), from €1,192 to €29,454
- Gross operating margin -€23,287
down €23,287 (-301%), from -€7,746 to -€31,033
- Financial income -€3,719
down €3,719 (-100%), from €3,719 to €0
- Depreciation -€1,299
down €1,299 (-28.7%), from €4,520 to €3,221
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 | €118,828 | €89,801 | -€29,027 | -24.4% |
| Fixed assets | 21/28 | €16,131 | €15,472 | -€659 | -4.1% |
| Tangible fixed assets | 22/27 | €16,131 | €15,472 | -€659 | -4.1% |
| Plant, machinery and equipment | 23 | €642 | €358 | -€284 | -44.2% |
| Furniture and vehicles | 24 | €1,367 | €2,027 | +€660 | +48.3% |
| Other tangible fixed assets | 26 | €14,122 | €13,086 | -€1,035 | -7.3% |
| Current assets | 29/58 | €102,697 | €74,329 | -€28,368 | -27.6% |
| Stocks and contracts in progress | 3 | €98,410 | €73,393 | -€25,017 | -25.4% |
| Stocks | 30/36 | €98,410 | €73,393 | -€25,017 | -25.4% |
| Amounts receivable within one year | 40/41 | €1,211 | €0 | -€1,211 | -100% |
| Other amounts receivable | 41 | €1,211 | €0 | -€1,211 | -100% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,077 | €937 | -€2,140 | -69.6% |
| Total equity and liabilities | 10/49 | €118,828 | €89,801 | -€29,027 | -24.4% |
| Equity | 10/15 | €97,992 | €33,763 | -€64,228 | -65.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €208,239 | €208,239 | = | 0.0% |
| Distributable reserves | 133 | €208,239 | €208,239 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,247 | -€176,476 | -€64,228 | -57.2% |
| Amounts payable | 17/49 | €20,837 | €56,037 | +€35,201 | +169% |
| Amounts payable within one year | 42/48 | €20,837 | €56,037 | +€35,201 | +169% |
| Trade debts | 44 | €0 | €2,422 | +€2,422 | |
| Suppliers | 440/4 | €0 | €2,422 | +€2,422 | |
| Taxes, remuneration and social security | 45 | €3,030 | €4,787 | +€1,757 | +58.0% |
| Taxes | 450/3 | €30 | €287 | +€257 | +865% |
| Remuneration and social security | 454/9 | €3,000 | €4,500 | +€1,500 | +50.0% |
| Other amounts payable | 47/48 | €17,807 | €48,828 | +€31,021 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,520 | €3,221 | -€1,299 | -28.7% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€7,746 | -€31,033 | -€23,287 | -301% |
| Operating profit (loss) | 9901 | -€12,771 | -€34,774 | -€22,003 | -172% |
| Financial income | 75/76B | €3,719 | €0 | -€3,719 | -100% |
| Recurring financial income | 75 | €3,719 | €0 | -€3,719 | -100% |
| Financial charges | 65/66B | €1,192 | €29,454 | +€28,263 | +2,372% |
| Recurring financial charges | 65 | €1,192 | €29,454 | +€28,263 | +2,372% |
| Profit (loss) for the period before taxes | 9903 | -€10,244 | -€64,228 | -€53,984 | -527% |
| Profit (loss) for the period | 9904 | -€10,244 | -€64,228 | -€53,984 | -527% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,244 | -€64,228 | -€53,984 | -527% |
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 20 October 2026 via checked.be.