VESTA: 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.
VESTA
Largest movements
- Total assets +€111,036
up €111,036 (+51.3%), from €216,540 to €327,576
of which Current assets: +€122,305
- Debts +€69,050
up €69,050 (+7.2%), from €962,859 to €1.0m
of which Debts within one year: +€72,453
- Profit (loss) carried forward +€41,986
up €41,986 (+5.6%), from -€746,319 to -€704,334
- Turnover -€184,547
down €184,547 (-22.9%), from €804,352 to €619,805
From the 2015 result to the 2016 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,540 | €327,576 | +€111,036 | +51.3% |
| Formation expenses | 20 | €537 | €105 | -€432 | -80.4% |
| Fixed assets | 21/28 | €84,129 | €72,859 | -€11,270 | -13.4% |
| Intangible fixed assets | 21 | €27,726 | €19,210 | -€8,516 | -30.7% |
| Tangible fixed assets | 22/27 | €50,886 | €48,565 | -€2,321 | -4.6% |
| Financial fixed assets | 28 | €4,979 | €4,979 | = | 0.0% |
| Current assets | 29/58 | €132,411 | €254,717 | +€122,305 | +92.4% |
| Stocks and contracts in progress | 3 | €3,286 | €2,737 | -€550 | -16.7% |
| Amounts receivable within one year | 40/41 | €122,731 | €247,872 | +€125,141 | +102.0% |
| Cash at bank and in hand | 54/58 | €18 | €383 | +€365 | +2029.0% |
| Total equity and liabilities | 10/49 | €216,540 | €327,576 | +€111,036 | +51.3% |
| Equity | 10/15 | -€746,319 | -€704,334 | +€41,986 | +5.6% |
| Profit (loss) carried forward | 14 | -€746,319 | -€704,334 | +€41,986 | +5.6% |
| Amounts payable | 17/49 | €962,859 | €1,031,909 | +€69,050 | +7.2% |
| Amounts payable after more than one year | 17 | €18,672 | - | -€18,672 | |
| Amounts payable within one year | 42/48 | €911,212 | €983,666 | +€72,453 | +8.0% |
| Trade debts | 44 | €67,902 | €838,036 | +€770,134 | +1134.2% |
| Turnover | 70 | €804,352 | €619,805 | -€184,547 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,902 | €14,262 | +€1,361 | +10.5% |
| Operating profit (loss) | 9901 | -€135,633 | -€969,563 | -€833,930 | -614.8% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -96.1% |
| Recurring financial charges | 65 | €649 | €20,482 | +€19,833 | +3055.0% |
| Debt charges | 650 | €450 | €20,404 | +€19,953 | +4432.7% |
| Profit (loss) for the period before taxes | 9903 | -€136,279 | -€990,044 | -€853,765 | -626.5% |
| Profit (loss) for the period | 9904 | -€155,256 | €41,986 | +€197,241 | |
| Profit (loss) for the period to be appropriated | 9905 | -€155,256 | €41,986 | +€197,241 |
Source: filed annual accounts (NBB), financial years ended 31 December 2015 and 31 December 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.