Vektor Engineering: 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.
Vektor Engineering
Largest movements
- Cash +€28,927
up €28,927 (+584%), from €4,957 to €33,884
mainly Net result for the year (+€51,197) and Tax, wage and social debts (+€20,499)
- Receivables within one year +€27,188
up €27,188 (+6,737%), from €404 to €27,592
of which Trade receivables: +€27,592
- Tangible fixed assets +€9,857
new in 2025: €9,857
of which Land and buildings: +€8,443
- Reserves +€48,199
new in 2025: €48,199
- Tax, wage and social debts +€20,499
new in 2025: €20,499
- Other debts -€4,335
down €4,335 (-85.2%), from €5,088 to €753
- Profit (loss) carried forward +€2,165
no longer reported in 2025 (was -€2,165)
- Gross operating margin +€67,668
up €67,668, from -€2,159 to €65,509
- Taxes +€12,975
new in 2025: €12,975
- Depreciation +€1,319
new in 2025: €1,319
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 | €5,360 | €71,332 | +€65,972 | +1,231% |
| Fixed assets | 21/28 | - | €9,857 | +€9,857 | |
| Tangible fixed assets | 22/27 | - | €9,857 | +€9,857 | |
| Land and buildings | 22 | - | €8,443 | +€8,443 | |
| Plant, machinery and equipment | 23 | - | €1,414 | +€1,414 | |
| Current assets | 29/58 | €5,360 | €61,476 | +€56,115 | +1,047% |
| Amounts receivable within one year | 40/41 | €404 | €27,592 | +€27,188 | +6,737% |
| Trade receivables | 40 | - | €27,592 | +€27,592 | |
| Other amounts receivable | 41 | €404 | - | -€404 | |
| Cash at bank and in hand | 54/58 | €4,957 | €33,884 | +€28,927 | +584% |
| Total equity and liabilities | 10/49 | €5,360 | €71,332 | +€65,972 | +1,231% |
| Equity | 10/15 | -€1,165 | €49,199 | +€50,364 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €48,199 | +€48,199 | |
| Distributable reserves | 133 | - | €48,199 | +€48,199 | |
| Profit (loss) carried forward | 14 | -€2,165 | - | +€2,165 | |
| Amounts payable | 17/49 | €6,525 | €22,133 | +€15,608 | +239% |
| Amounts payable within one year | 42/48 | €6,525 | €22,133 | +€15,608 | +239% |
| Trade debts | 44 | €1,437 | €881 | -€556 | -38.7% |
| Suppliers | 440/4 | €1,437 | €881 | -€556 | -38.7% |
| Taxes, remuneration and social security | 45 | - | €20,499 | +€20,499 | |
| Taxes | 450/3 | - | €20,499 | +€20,499 | |
| Other amounts payable | 47/48 | €5,088 | €753 | -€4,335 | -85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,319 | +€1,319 | |
| Gross operating margin | 9900 | -€2,159 | €65,509 | +€67,668 | |
| Operating profit (loss) | 9901 | -€2,159 | €64,190 | +€66,349 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6 | €18 | +€12 | +206% |
| Recurring financial charges | 65 | €6 | €18 | +€12 | +206% |
| Profit (loss) for the period before taxes | 9903 | -€2,165 | €64,172 | +€66,337 | |
| Income taxes | 67/77 | - | €12,975 | +€12,975 | |
| Profit (loss) for the period | 9904 | -€2,165 | €51,197 | +€53,362 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,165 | €51,197 | +€53,362 |
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 15 October 2026 via checked.be.