Vertigo Events: 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.
Vertigo Events
Largest movements
- Cash -€64,813
down €64,813 (-30.4%), from €213,347 to €148,535
mainly Receivables within one year (-€53,882) and Contributions, distributions and other (-€47,500)
- Receivables within one year +€53,882
up €53,882 (+153%), from €35,115 to €88,997
of which Trade receivables: +€66,617
- Deferred charges and accrued income -€3,728
down €3,728 (-17.9%), from €20,847 to €17,119
- Accrued charges and deferred income +€63,000
up €63,000 (+900%), from €7,000 to €70,000
- Profit (loss) carried forward -€45,352
down €45,352 (-22.8%), from €198,828 to €153,476
- Trade debts -€27,656
down €27,656 (-52.5%), from €52,652 to €24,995
- Gross operating margin -€2,453
down €2,453 (-18.9%), from €12,965 to €10,512
- Staff costs -€2,047
down €2,047 (-22.8%), from €8,996 to €6,949
- Financial income +€1,153
up €1,153 (+113%), from €1,021 to €2,174
- Financial charges +€602
up €602 (+70.0%), from €860 to €1,462
- Depreciation -€313
down €313 (-41.1%), from €763 to €450
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 | €271,516 | €259,114 | -€12,402 | -4.6% |
| Fixed assets | 21/28 | €2,206 | €4,464 | +€2,257 | +102% |
| Tangible fixed assets | 22/27 | €2,206 | €1,757 | -€450 | -20.4% |
| Furniture and vehicles | 24 | €2,206 | €1,757 | -€450 | -20.4% |
| Financial fixed assets | 28 | - | €2,707 | +€2,707 | |
| Current assets | 29/58 | €269,309 | €254,650 | -€14,659 | -5.4% |
| Amounts receivable within one year | 40/41 | €35,115 | €88,997 | +€53,882 | +153% |
| Trade receivables | 40 | €18,524 | €85,141 | +€66,617 | +360% |
| Other amounts receivable | 41 | €16,591 | €3,856 | -€12,735 | -76.8% |
| Cash at bank and in hand | 54/58 | €213,347 | €148,535 | -€64,813 | -30.4% |
| Deferred charges and accrued income | 490/1 | €20,847 | €17,119 | -€3,728 | -17.9% |
| Total equity and liabilities | 10/49 | €271,516 | €259,114 | -€12,402 | -4.6% |
| Equity | 10/15 | €208,828 | €163,476 | -€45,352 | -21.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,828 | €153,476 | -€45,352 | -22.8% |
| Amounts payable | 17/49 | €62,688 | €95,638 | +€32,950 | +52.6% |
| Amounts payable within one year | 42/48 | €55,688 | €25,638 | -€30,050 | -54.0% |
| Trade debts | 44 | €52,652 | €24,995 | -€27,656 | -52.5% |
| Suppliers | 440/4 | €52,652 | €24,995 | -€27,656 | -52.5% |
| Taxes, remuneration and social security | 45 | €2,560 | €643 | -€1,917 | -74.9% |
| Taxes | 450/3 | €1,235 | €643 | -€593 | -48.0% |
| Remuneration and social security | 454/9 | €1,324 | €0 | -€1,324 | -100% |
| Other amounts payable | 47/48 | €476 | €0 | -€476 | -100% |
| Accrued charges and deferred income | 492/3 | €7,000 | €70,000 | +€63,000 | +900% |
| Remuneration, social security and pensions | 62 | €8,996 | €6,949 | -€2,047 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €763 | €450 | -€313 | -41.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €12,965 | €10,512 | -€2,453 | -18.9% |
| Operating profit (loss) | 9901 | €2,818 | €2,713 | -€105 | -3.7% |
| Financial income | 75/76B | €1,021 | €2,174 | +€1,153 | +113% |
| Recurring financial income | 75 | €1,021 | €2,174 | +€1,153 | +113% |
| Financial charges | 65/66B | €860 | €1,462 | +€602 | +70.0% |
| Recurring financial charges | 65 | €860 | €1,462 | +€602 | +70.0% |
| Profit (loss) for the period before taxes | 9903 | €2,979 | €3,425 | +€446 | +15.0% |
| Income taxes | 67/77 | €1,525 | €1,277 | -€248 | -16.3% |
| Profit (loss) for the period | 9904 | €1,454 | €2,148 | +€694 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,454 | €2,148 | +€694 | +47.7% |
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 19 October 2026 via checked.be.