VESTA.COM: 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.COM
Largest movements
- Tangible fixed assets -€16,389
down €16,389 (-3.9%), from €423,342 to €406,953
- Other debts +€30,000
up €30,000 (+12.8%), from €234,083 to €264,083
- Short-term financial debts -€22,381
down €22,381 (-72.9%), from €30,705 to €8,324
- Debts after one year -€7,500
down €7,500 (-100.0%), from €7,500 to €0
- Current portion of long-term debt -€7,500
down €7,500 (-50.0%), from €15,000 to €7,500
- Reserves -€5,375
down €5,375 (-4.4%), from €123,197 to €117,822
of which Distributable reserves: -€5,375
- Gross operating margin -€6,553
down €6,553 (-33.2%), from €19,727 to €13,175
- Financial charges -€2,282
down €2,282 (-54.2%), from €4,212 to €1,930
- Other operating charges +€283
up €283 (+10.6%), from €2,673 to €2,956
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 | €429,084 | €414,053 | -€15,031 | -3.5% |
| Fixed assets | 21/28 | €423,342 | €406,953 | -€16,389 | -3.9% |
| Tangible fixed assets | 22/27 | €423,342 | €406,953 | -€16,389 | -3.9% |
| Land and buildings | 22 | €423,342 | €406,953 | -€16,389 | -3.9% |
| Current assets | 29/58 | €5,742 | €7,100 | +€1,358 | +23.7% |
| Cash at bank and in hand | 54/58 | €5,742 | €7,100 | +€1,358 | +23.7% |
| Total equity and liabilities | 10/49 | €429,084 | €414,053 | -€15,031 | -3.5% |
| Equity | 10/15 | €141,797 | €133,697 | -€8,100 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,197 | €117,822 | -€5,375 | -4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €121,337 | €115,962 | -€5,375 | -4.4% |
| Profit (loss) carried forward | 14 | - | -€2,725 | -€2,725 | |
| Amounts payable | 17/49 | €287,288 | €280,357 | -€6,931 | -2.4% |
| Amounts payable after more than one year | 17 | €7,500 | €0 | -€7,500 | -100.0% |
| Financial debts | 170/4 | €7,500 | €0 | -€7,500 | -100.0% |
| Amounts payable within one year | 42/48 | €279,788 | €280,357 | +€569 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €7,500 | -€7,500 | -50.0% |
| Financial debts | 43 | €30,705 | €8,324 | -€22,381 | -72.9% |
| Credit institutions | 430/8 | €30,705 | €8,324 | -€22,381 | -72.9% |
| Trade debts | 44 | - | €310 | +€310 | |
| Suppliers | 440/4 | - | €310 | +€310 | |
| Taxes, remuneration and social security | 45 | - | €140 | +€140 | |
| Taxes | 450/3 | - | €140 | +€140 | |
| Other amounts payable | 47/48 | €234,083 | €264,083 | +€30,000 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,389 | €16,389 | = | 0.0% |
| Other operating charges | 640/8 | €2,673 | €2,956 | +€283 | +10.6% |
| Gross operating margin | 9900 | €19,727 | €13,175 | -€6,553 | -33.2% |
| Operating profit (loss) | 9901 | €666 | -€6,170 | -€6,836 | |
| Financial charges | 65/66B | €4,212 | €1,930 | -€2,282 | -54.2% |
| Recurring financial charges | 65 | €4,212 | €1,930 | -€2,282 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,546 | -€8,100 | -€4,553 | -128.4% |
| Profit (loss) for the period | 9904 | -€3,546 | -€8,100 | -€4,553 | -128.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,546 | -€8,100 | -€4,553 | -128.4% |
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 10 October 2026 via checked.be.