VESTA PROJECTS: 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 PROJECTS
Largest movements
- Receivables within one year +€1,210
up €1,210 (+18.0%), from €6,730 to €7,940
of which Other amounts receivable: +€2,029
- Cash +€323
up €323 (+211.0%), from €153 to €476
mainly Other debts (+€12,919)
- Other debts +€12,919
up €12,919 (+35.9%), from €36,008 to €48,927
- Profit (loss) carried forward -€10,306
down €10,306 (-18.9%), from -€54,579 to -€64,885
- Advances received -€991
down €991 (-100.0%), from €991 to €0
- Gross operating margin +€13,670
up €13,670 (+59.0%), from -€23,162 to -€9,492
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 | €16,576 | €18,109 | +€1,533 | +9.3% |
| Fixed assets | 21/28 | €9,693 | €9,693 | = | 0.0% |
| Tangible fixed assets | 22/27 | €9,693 | €9,693 | = | 0.0% |
| Furniture and vehicles | 24 | €9,693 | €9,693 | = | 0.0% |
| Current assets | 29/58 | €6,883 | €8,416 | +€1,533 | +22.3% |
| Amounts receivable within one year | 40/41 | €6,730 | €7,940 | +€1,210 | +18.0% |
| Trade receivables | 40 | €819 | €0 | -€819 | -100.0% |
| Other amounts receivable | 41 | €5,910 | €7,940 | +€2,029 | +34.3% |
| Cash at bank and in hand | 54/58 | €153 | €476 | +€323 | +211.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €16,576 | €18,109 | +€1,533 | +9.3% |
| Equity | 10/15 | -€20,639 | -€30,946 | -€10,306 | -49.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,339 | €15,339 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €13,479 | €15,339 | +€1,860 | +13.8% |
| Profit (loss) carried forward | 14 | -€54,579 | -€64,885 | -€10,306 | -18.9% |
| Amounts payable | 17/49 | €37,215 | €49,055 | +€11,840 | +31.8% |
| Amounts payable within one year | 42/48 | €37,215 | €49,055 | +€11,840 | +31.8% |
| Financial debts | 43 | €7 | €0 | -€7 | -100.0% |
| Credit institutions | 430/8 | €7 | €0 | -€7 | -100.0% |
| Trade debts | 44 | €209 | €128 | -€81 | -38.9% |
| Suppliers | 440/4 | €209 | €128 | -€81 | -38.9% |
| Advances received on contracts in progress | 46 | €991 | €0 | -€991 | -100.0% |
| Other amounts payable | 47/48 | €36,008 | €48,927 | +€12,919 | +35.9% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€23,162 | -€9,492 | +€13,670 | +59.0% |
| Operating profit (loss) | 9901 | -€23,662 | -€10,006 | +€13,656 | +57.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €320 | €301 | -€19 | -6.0% |
| Recurring financial charges | 65 | €320 | €301 | -€19 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,982 | -€10,306 | +€13,676 | +57.0% |
| Profit (loss) for the period | 9904 | -€23,982 | -€10,306 | +€13,676 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,982 | -€10,306 | +€13,676 | +57.0% |
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 10 October 2026 via checked.be.