VENDITOR: 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.
VENDITOR
Largest movements
- Receivables within one year +€25,925
up €25,925 (+118.4%), from €21,889 to €47,814
of which Other amounts receivable: +€24,127
- Receivables after one year -€20,273
down €20,273 (-100.0%), from €20,273 to €0
- Tangible fixed assets -€9,913
down €9,913 (-48.5%), from €20,432 to €10,519
of which Other tangible fixed assets: -€9,487
- Cash -€3,419
down €3,419 (-96.5%), from €3,541 to €122
mainly Contributions, distributions and other (-€133,496) and Receivables within one year (-€25,925)
- Financial fixed assets +€700
new in 2025: €700
- Reserves -€45,325
down €45,325 (-100.0%), from €45,325 to €0
- Short-term financial debts +€30,000
new in 2025: €30,000
- Tax, wage and social debts +€18,672
up €18,672 (+242.4%), from €7,701 to €26,373
- Other debts -€8,967
down €8,967 (-100.0%), from €8,967 to €0
- Trade debts -€2,303
down €2,303 (-99.5%), from €2,315 to €12
- Gross operating margin +€126,950
up €126,950 (+24357.7%), from €521 to €127,471
- Taxes +€25,442
up €25,442 (+5580.0%), from €456 to €25,898
- Financial charges +€1,980
up €1,980 (+128.1%), from €1,545 to €3,526
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 | €66,696 | €59,715 | -€6,980 | -10.5% |
| Fixed assets | 21/28 | €20,432 | €11,219 | -€9,213 | -45.1% |
| Tangible fixed assets | 22/27 | €20,432 | €10,519 | -€9,913 | -48.5% |
| Furniture and vehicles | 24 | €1,009 | €583 | -€426 | -42.2% |
| Other tangible fixed assets | 26 | €19,423 | €9,936 | -€9,487 | -48.8% |
| Financial fixed assets | 28 | - | €700 | +€700 | |
| Current assets | 29/58 | €46,263 | €48,496 | +€2,233 | +4.8% |
| Amounts receivable after more than one year | 29 | €20,273 | €0 | -€20,273 | -100.0% |
| Other amounts receivable | 291 | €20,273 | €0 | -€20,273 | -100.0% |
| Amounts receivable within one year | 40/41 | €21,889 | €47,814 | +€25,925 | +118.4% |
| Trade receivables | 40 | €21,598 | €23,396 | +€1,798 | +8.3% |
| Other amounts receivable | 41 | €291 | €24,418 | +€24,127 | +8284.8% |
| Cash at bank and in hand | 54/58 | €3,541 | €122 | -€3,419 | -96.5% |
| Deferred charges and accrued income | 490/1 | €560 | €560 | = | 0.0% |
| Total equity and liabilities | 10/49 | €66,696 | €59,715 | -€6,980 | -10.5% |
| Equity | 10/15 | €47,325 | €2,000 | -€45,325 | -95.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €45,325 | €0 | -€45,325 | -100.0% |
| Distributable reserves | 133 | €45,325 | €0 | -€45,325 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,370 | €57,715 | +€38,345 | +198.0% |
| Amounts payable within one year | 42/48 | €18,983 | €57,316 | +€38,333 | +201.9% |
| Financial debts | 43 | - | €30,000 | +€30,000 | |
| Credit institutions | 430/8 | - | €30,000 | +€30,000 | |
| Trade debts | 44 | €2,315 | €12 | -€2,303 | -99.5% |
| Suppliers | 440/4 | €2,315 | €12 | -€2,303 | -99.5% |
| Advances received on contracts in progress | 46 | - | €931 | +€931 | |
| Taxes, remuneration and social security | 45 | €7,701 | €26,373 | +€18,672 | +242.4% |
| Taxes | 450/3 | €7,701 | €26,373 | +€18,672 | +242.4% |
| Other amounts payable | 47/48 | €8,967 | €0 | -€8,967 | -100.0% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,121 | €9,913 | -€1,208 | -10.9% |
| Other operating charges | 640/8 | €209 | €621 | +€412 | +197.0% |
| Gross operating margin | 9900 | €521 | €127,471 | +€126,950 | +24357.7% |
| Operating profit (loss) | 9901 | -€10,809 | €116,937 | +€127,746 | |
| Financial income | 75/76B | €560 | €657 | +€97 | +17.4% |
| Recurring financial income | 75 | €560 | €657 | +€97 | +17.4% |
| Financial charges | 65/66B | €1,545 | €3,526 | +€1,980 | +128.1% |
| Recurring financial charges | 65 | €1,545 | €3,526 | +€1,980 | +128.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,794 | €114,068 | +€125,863 | |
| Income taxes | 67/77 | €456 | €25,898 | +€25,442 | +5580.0% |
| Profit (loss) for the period | 9904 | -€12,250 | €88,170 | +€100,421 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,250 | €88,170 | +€100,421 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.