Vescovato: 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.
Vescovato
Largest movements
- Cash +€12,547
up €12,547 (+57.2%), from €21,935 to €34,481
mainly Net result for the year (+€26,428) and Tax, wage and social debts (+€1,244)
- Receivables within one year +€2,063
up €2,063 (+11.5%), from €17,891 to €19,954
of which Trade receivables: +€1,972
- Tangible fixed assets -€747
down €747 (-91.1%), from €820 to €73
of which Land and buildings: -€424
- Profit (loss) carried forward +€11,428
up €11,428 (+56.8%), from €20,105 to €31,533
- Tax, wage and social debts +€1,244
up €1,244 (+6.5%), from €19,040 to €20,285
- Trade debts +€1,119
up €1,119 (+180%), from €621 to €1,740
- Gross operating margin +€12,075
up €12,075 (+42.9%), from €28,150 to €40,226
- Taxes +€2,064
up €2,064 (+27.4%), from €7,530 to €9,594
- Financial charges +€1,455
up €1,455 (+118%), from €1,237 to €2,692
- Depreciation -€1,407
down €1,407 (-65.3%), from €2,153 to €747
- Other operating charges -€523
down €523 (-38.5%), from €1,359 to €836
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 | €43,267 | €57,057 | +€13,791 | +31.9% |
| Fixed assets | 21/28 | €908 | €161 | -€747 | -82.2% |
| Tangible fixed assets | 22/27 | €820 | €73 | -€747 | -91.1% |
| Land and buildings | 22 | €424 | - | -€424 | |
| Furniture and vehicles | 24 | €396 | €73 | -€322 | -81.5% |
| Financial fixed assets | 28 | €88 | €88 | = | 0.0% |
| Current assets | 29/58 | €42,359 | €56,896 | +€14,537 | +34.3% |
| Stocks and contracts in progress | 3 | €760 | €650 | -€110 | -14.5% |
| Stocks | 30/36 | €760 | €650 | -€110 | -14.5% |
| Amounts receivable within one year | 40/41 | €17,891 | €19,954 | +€2,063 | +11.5% |
| Trade receivables | 40 | €17,409 | €19,381 | +€1,972 | +11.3% |
| Other amounts receivable | 41 | €482 | €572 | +€91 | +18.9% |
| Cash at bank and in hand | 54/58 | €21,935 | €34,481 | +€12,547 | +57.2% |
| Deferred charges and accrued income | 490/1 | €1,774 | €1,812 | +€38 | +2.1% |
| Total equity and liabilities | 10/49 | €43,267 | €57,057 | +€13,791 | +31.9% |
| Equity | 10/15 | €22,605 | €34,033 | +€11,428 | +50.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,105 | €31,533 | +€11,428 | +56.8% |
| Amounts payable | 17/49 | €20,661 | €23,024 | +€2,363 | +11.4% |
| Amounts payable within one year | 42/48 | €20,661 | €23,024 | +€2,363 | +11.4% |
| Trade debts | 44 | €621 | €1,740 | +€1,119 | +180% |
| Suppliers | 440/4 | €621 | €1,740 | +€1,119 | +180% |
| Taxes, remuneration and social security | 45 | €19,040 | €20,285 | +€1,244 | +6.5% |
| Taxes | 450/3 | €19,040 | €20,285 | +€1,244 | +6.5% |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,153 | €747 | -€1,407 | -65.3% |
| Other operating charges | 640/8 | €1,359 | €836 | -€523 | -38.5% |
| Gross operating margin | 9900 | €28,150 | €40,226 | +€12,075 | +42.9% |
| Operating profit (loss) | 9901 | €24,638 | €38,643 | +€14,005 | +56.8% |
| Financial income | 75/76B | €0 | €70 | +€70 | +233,500% |
| Recurring financial income | 75 | €0 | €70 | +€70 | +233,500% |
| Financial charges | 65/66B | €1,237 | €2,692 | +€1,455 | +118% |
| Recurring financial charges | 65 | €1,237 | €2,692 | +€1,455 | +118% |
| Profit (loss) for the period before taxes | 9903 | €23,401 | €36,021 | +€12,620 | +53.9% |
| Income taxes | 67/77 | €7,530 | €9,594 | +€2,064 | +27.4% |
| Profit (loss) for the period | 9904 | €15,871 | €26,428 | +€10,556 | +66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,871 | €26,428 | +€10,556 | +66.5% |
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 13 October 2026 via checked.be.