Vessentia Solutions: 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.
Vessentia Solutions
Largest movements
- Receivables within one year -€49,557
down €49,557 (-62.4%), from €79,454 to €29,897
of which Trade receivables: -€25,540
- Deferred charges and accrued income -€17,025
down €17,025 (-95.3%), from €17,867 to €842
- Current investments -€10,302
down €10,302 (-25.8%), from €40,000 to €29,698
- Tangible fixed assets -€6,534
down €6,534 (-52.8%), from €12,371 to €5,837
of which Furniture and vehicles: -€4,497
- Cash -€2,427
down €2,427 (-18.0%), from €13,504 to €11,076
mainly Contributions, distributions and other (-€48,200) and Other debts (-€23,800)
- Reserves -€48,200
down €48,200 (-76.3%), from €63,200 to €15,000
- Other debts -€23,800
down €23,800 (-33.1%), from €72,000 to €48,200
- Tax, wage and social debts -€7,273
down €7,273 (-76.6%), from €9,493 to €2,221
- Profit (loss) carried forward -€3,756
down €3,756 (-35.5%), from €10,594 to €6,838
- Current portion of long-term debt -€2,859
down €2,859 (-100%), from €2,859 to €0
- Gross operating margin -€20,506
down €20,506 (-93.4%), from €21,966 to €1,459
- Taxes -€6,871
down €6,871 (-93.1%), from €7,381 to €510
- Depreciation -€752
down €752 (-10.8%), from €6,959 to €6,207
- Other operating charges +€651
up €651 (+168%), from €387 to €1,039
- Financial income -€644
down €644 (-19.1%), from €3,378 to €2,733
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 | €163,196 | €77,350 | -€85,846 | -52.6% |
| Fixed assets | 21/28 | €12,371 | €5,837 | -€6,534 | -52.8% |
| Tangible fixed assets | 22/27 | €12,371 | €5,837 | -€6,534 | -52.8% |
| Plant, machinery and equipment | 23 | €2,492 | €455 | -€2,037 | -81.8% |
| Furniture and vehicles | 24 | €9,879 | €5,382 | -€4,497 | -45.5% |
| Current assets | 29/58 | €150,825 | €71,513 | -€79,312 | -52.6% |
| Amounts receivable within one year | 40/41 | €79,454 | €29,897 | -€49,557 | -62.4% |
| Trade receivables | 40 | €28,465 | €2,925 | -€25,540 | -89.7% |
| Other amounts receivable | 41 | €50,989 | €26,972 | -€24,017 | -47.1% |
| Current investments | 50/53 | €40,000 | €29,698 | -€10,302 | -25.8% |
| Cash at bank and in hand | 54/58 | €13,504 | €11,076 | -€2,427 | -18.0% |
| Deferred charges and accrued income | 490/1 | €17,867 | €842 | -€17,025 | -95.3% |
| Total equity and liabilities | 10/49 | €163,196 | €77,350 | -€85,846 | -52.6% |
| Equity | 10/15 | €78,794 | €26,838 | -€51,956 | -65.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,200 | €15,000 | -€48,200 | -76.3% |
| Distributable reserves | 133 | €63,200 | €15,000 | -€48,200 | -76.3% |
| Profit (loss) carried forward | 14 | €10,594 | €6,838 | -€3,756 | -35.5% |
| Amounts payable | 17/49 | €84,402 | €50,512 | -€33,890 | -40.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €84,402 | €50,512 | -€33,890 | -40.2% |
| Current portion of amounts payable after more than one year | 42 | €2,859 | €0 | -€2,859 | -100% |
| Trade debts | 44 | €50 | €91 | +€42 | +84.2% |
| Suppliers | 440/4 | €50 | €91 | +€42 | +84.2% |
| Taxes, remuneration and social security | 45 | €9,493 | €2,221 | -€7,273 | -76.6% |
| Taxes | 450/3 | €9,493 | €2,221 | -€7,273 | -76.6% |
| Other amounts payable | 47/48 | €72,000 | €48,200 | -€23,800 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,959 | €6,207 | -€752 | -10.8% |
| Other operating charges | 640/8 | €387 | €1,039 | +€651 | +168% |
| Non-recurring operating charges | 66A | €33 | - | -€33 | |
| Gross operating margin | 9900 | €21,966 | €1,459 | -€20,506 | -93.4% |
| Operating profit (loss) | 9901 | €14,586 | -€5,786 | -€20,373 | |
| Financial income | 75/76B | €3,378 | €2,733 | -€644 | -19.1% |
| Recurring financial income | 75 | €3,378 | €2,733 | -€644 | -19.1% |
| Financial charges | 65/66B | €250 | €193 | -€57 | -22.6% |
| Recurring financial charges | 65 | €250 | €193 | -€57 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €17,714 | -€3,246 | -€20,960 | |
| Income taxes | 67/77 | €7,381 | €510 | -€6,871 | -93.1% |
| Profit (loss) for the period | 9904 | €10,333 | -€3,756 | -€14,089 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,333 | -€3,756 | -€14,089 |
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 29 October 2026 via checked.be.