VESTA OFFICE: 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 OFFICE
Largest movements
- Current investments +€23,212
up €23,212 (+22.8%), from €101,788 to €125,000
- Receivables within one year +€7,018
up €7,018 (+78.7%), from €8,917 to €15,935
of which Trade receivables: +€7,532
- Cash -€4,010
down €4,010 (-45.6%), from €8,798 to €4,788
mainly Current investments (-€23,212) and Receivables within one year (-€7,018)
- Reserves +€25,992
up €25,992 (+24.0%), from €108,421 to €134,414
- Gross operating margin +€1,743
up €1,743 (+5.2%), from €33,507 to €35,250
- Taxes +€885
up €885 (+7.9%), from €11,244 to €12,130
- Financial income +€603
up €603 (+23.6%), from €2,555 to €3,158
- Depreciation -€477
no longer reported in 2025 (was €477)
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 | €119,516 | €145,734 | +€26,218 | +21.9% |
| Current assets | 29/58 | €119,516 | €145,734 | +€26,218 | +21.9% |
| Amounts receivable within one year | 40/41 | €8,917 | €15,935 | +€7,018 | +78.7% |
| Trade receivables | 40 | €6,986 | €14,518 | +€7,532 | +108% |
| Other amounts receivable | 41 | €1,931 | €1,417 | -€515 | -26.7% |
| Current investments | 50/53 | €101,788 | €125,000 | +€23,212 | +22.8% |
| Cash at bank and in hand | 54/58 | €8,798 | €4,788 | -€4,010 | -45.6% |
| Deferred charges and accrued income | 490/1 | €12 | €11 | -€1 | -8.7% |
| Total equity and liabilities | 10/49 | €119,516 | €145,734 | +€26,218 | +21.9% |
| Equity | 10/15 | €114,921 | €140,914 | +€25,992 | +22.6% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €108,421 | €134,414 | +€25,992 | +24.0% |
| Distributable reserves | 133 | €108,421 | €134,414 | +€25,992 | +24.0% |
| Amounts payable | 17/49 | €4,595 | €4,820 | +€226 | +4.9% |
| Amounts payable within one year | 42/48 | €4,595 | €4,820 | +€226 | +4.9% |
| Trade debts | 44 | €218 | - | -€218 | |
| Suppliers | 440/4 | €218 | - | -€218 | |
| Taxes, remuneration and social security | 45 | €4,377 | €4,603 | +€226 | +5.2% |
| Taxes | 450/3 | €4,377 | €4,603 | +€226 | +5.2% |
| Other amounts payable | 47/48 | - | €218 | +€218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477 | - | -€477 | |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €33,507 | €35,250 | +€1,743 | +5.2% |
| Operating profit (loss) | 9901 | €32,915 | €35,124 | +€2,209 | +6.7% |
| Financial income | 75/76B | €2,555 | €3,158 | +€603 | +23.6% |
| Recurring financial income | 75 | €2,555 | €3,158 | +€603 | +23.6% |
| Financial charges | 65/66B | €130 | €159 | +€29 | +22.3% |
| Recurring financial charges | 65 | €130 | €159 | +€29 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €35,340 | €38,122 | +€2,783 | +7.9% |
| Income taxes | 67/77 | €11,244 | €12,130 | +€885 | +7.9% |
| Profit (loss) for the period | 9904 | €24,095 | €25,992 | +€1,897 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,095 | €25,992 | +€1,897 | +7.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.