VESLER: 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.
VESLER
Largest movements
- Receivables within one year +€17,780
up €17,780 (+1788.1%), from €994 to €18,774
- Profit (loss) carried forward +€17,693
up €17,693, from -€724 to €16,969
- Staff costs -€2,528
no longer reported in 2025 (was €2,528)
- Gross operating margin +€282
up €282 (+1.6%), from €17,644 to €17,926
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 | €5,140 | €22,954 | +€17,813 | +346.5% |
| Current assets | 29/58 | €5,140 | €22,954 | +€17,813 | +346.5% |
| Amounts receivable within one year | 40/41 | €994 | €18,774 | +€17,780 | +1788.1% |
| Other amounts receivable | 41 | €994 | €18,774 | +€17,780 | +1788.1% |
| Cash at bank and in hand | 54/58 | €4,146 | €4,180 | +€34 | +0.8% |
| Total equity and liabilities | 10/49 | €5,140 | €22,954 | +€17,813 | +346.5% |
| Equity | 10/15 | €3,276 | €20,969 | +€17,693 | +540.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Outside capital | 11 | €4,000 | €4,000 | = | 0.0% |
| Other | 1109/19 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€724 | €16,969 | +€17,693 | |
| Amounts payable | 17/49 | €1,864 | €1,984 | +€120 | +6.5% |
| Amounts payable within one year | 42/48 | €1,864 | €1,984 | +€120 | +6.5% |
| Trade debts | 44 | €1,864 | €1,984 | +€120 | +6.5% |
| Suppliers | 440/4 | €1,864 | €1,984 | +€120 | +6.5% |
| Remuneration, social security and pensions | 62 | €2,528 | - | -€2,528 | |
| Other operating charges | 640/8 | €58 | - | -€58 | |
| Non-recurring operating charges | 66A | €340 | - | -€340 | |
| Gross operating margin | 9900 | €17,644 | €17,926 | +€282 | +1.6% |
| Operating profit (loss) | 9901 | €14,718 | €17,926 | +€3,208 | +21.8% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €321 | €183 | -€138 | -43.1% |
| Recurring financial charges | 65 | €321 | €183 | -€138 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €14,399 | €17,743 | +€3,344 | +23.2% |
| Income taxes | 67/77 | - | €50 | +€50 | |
| Profit (loss) for the period | 9904 | €14,399 | €17,693 | +€3,294 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,399 | €17,693 | +€3,294 | +22.9% |
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 30 September 2026 via checked.be.