Vest'In: 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.
Vest'In
Largest movements
- Cash -€11,301
down €11,301 (-87.3%), from €12,945 to €1,644
mainly Debts after one year (-€23,705) and Receivables within one year (-€7,691)
- Receivables within one year +€7,691
up €7,691 (+32.7%), from €23,507 to €31,198
of which Trade receivables: +€4,786
- Debts after one year -€23,705
down €23,705 (-51.2%), from €46,276 to €22,571
- Profit (loss) carried forward +€22,074
up €22,074, from -€5,986 to €16,088
- Tax, wage and social debts -€2,792
down €2,792 (-12.2%), from €22,890 to €20,098
- Gross operating margin -€13,084
down €13,084 (-29.2%), from €44,747 to €31,663
- Taxes -€3,019
down €3,019 (-29.0%), from €10,392 to €7,374
- Financial charges -€842
down €842 (-24.5%), from €3,442 to €2,600
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 | €115,500 | €112,050 | -€3,450 | -3.0% |
| Fixed assets | 21/28 | €79,048 | €79,048 | = | 0.0% |
| Financial fixed assets | 28 | €79,048 | €79,048 | = | 0.0% |
| Current assets | 29/58 | €36,452 | €33,002 | -€3,450 | -9.5% |
| Amounts receivable within one year | 40/41 | €23,507 | €31,198 | +€7,691 | +32.7% |
| Trade receivables | 40 | €15,736 | €20,522 | +€4,786 | +30.4% |
| Other amounts receivable | 41 | €7,771 | €10,675 | +€2,904 | +37.4% |
| Cash at bank and in hand | 54/58 | €12,945 | €1,644 | -€11,301 | -87.3% |
| Deferred charges and accrued income | 490/1 | - | €160 | +€160 | |
| Total equity and liabilities | 10/49 | €115,500 | €112,050 | -€3,450 | -3.0% |
| Equity | 10/15 | €22,014 | €44,088 | +€22,074 | +100% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,986 | €16,088 | +€22,074 | |
| Amounts payable | 17/49 | €93,486 | €67,962 | -€25,524 | -27.3% |
| Amounts payable after more than one year | 17 | €46,276 | €22,571 | -€23,705 | -51.2% |
| Financial debts | 170/4 | €46,276 | €22,571 | -€23,705 | -51.2% |
| Amounts payable within one year | 42/48 | €47,209 | €45,390 | -€1,819 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €22,783 | €23,705 | +€922 | +4.0% |
| Trade debts | 44 | €1,536 | €1,587 | +€51 | +3.3% |
| Suppliers | 440/4 | €1,536 | €1,587 | +€51 | +3.3% |
| Taxes, remuneration and social security | 45 | €22,890 | €20,098 | -€2,792 | -12.2% |
| Taxes | 450/3 | €22,890 | €20,098 | -€2,792 | -12.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | €44,747 | €31,663 | -€13,084 | -29.2% |
| Operating profit (loss) | 9901 | €44,683 | €31,597 | -€13,086 | -29.3% |
| Financial income | 75/76B | €327 | €450 | +€123 | +37.6% |
| Recurring financial income | 75 | €327 | €450 | +€123 | +37.6% |
| Financial charges | 65/66B | €3,442 | €2,600 | -€842 | -24.5% |
| Recurring financial charges | 65 | €3,442 | €2,600 | -€842 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €41,569 | €29,448 | -€12,122 | -29.2% |
| Income taxes | 67/77 | €10,392 | €7,374 | -€3,019 | -29.0% |
| Profit (loss) for the period | 9904 | €31,177 | €22,074 | -€9,103 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,177 | €22,074 | -€9,103 | -29.2% |
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 1 November 2026 via checked.be.