VESTA SERVICES: 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 SERVICES
Largest movements
- Cash +€208,085
up €208,085 (+6,466%), from €3,218 to €211,302
mainly Investment in fixed assets (net) (+€168,629) and Net result for the year (+€122,648)
- Tangible fixed assets -€179,630
down €179,630 (-94.4%), from €190,301 to €10,670
of which Land and buildings: -€164,020
- Receivables within one year +€33,724
up €33,724 (+60.2%), from €56,009 to €89,733
of which Trade receivables: +€39,511
- Reserves +€122,648
up €122,648 (+181%), from €67,594 to €190,242
of which Distributable reserves: +€124,503
- Other debts -€70,117
no longer reported in 2025 (was €70,117)
- Tax, wage and social debts +€61,830
up €61,830 (+945%), from €6,543 to €68,373
of which Taxes: +€61,494
- Trade debts -€25,094
down €25,094 (-65.3%), from €38,447 to €13,353
- Current portion of long-term debt -€23,467
down €23,467 (-97.6%), from €24,054 to €587
- Gross operating margin +€213,404
up €213,404 (+672%), from €31,780 to €245,183
- Taxes +€59,554
up €59,554 (+722%), from €8,252 to €67,806
- Other operating charges +€29,755
up €29,755 (+210%), from €14,196 to €43,950
- Depreciation -€9,720
down €9,720 (-46.9%), from €20,722 to €11,002
- Financial income +€4,491
up €4,491 (+44,913,200%), from €0 to €4,491
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 | €252,494 | €317,706 | +€65,212 | +25.8% |
| Fixed assets | 21/28 | €192,551 | €12,920 | -€179,630 | -93.3% |
| Tangible fixed assets | 22/27 | €190,301 | €10,670 | -€179,630 | -94.4% |
| Land and buildings | 22 | €164,020 | - | -€164,020 | |
| Furniture and vehicles | 24 | €10,581 | €3,670 | -€6,910 | -65.3% |
| Other tangible fixed assets | 26 | €15,700 | €7,000 | -€8,700 | -55.4% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €59,943 | €304,786 | +€244,843 | +408% |
| Amounts receivable within one year | 40/41 | €56,009 | €89,733 | +€33,724 | +60.2% |
| Trade receivables | 40 | €1,015 | €40,525 | +€39,511 | +3,895% |
| Other amounts receivable | 41 | €54,994 | €49,208 | -€5,787 | -10.5% |
| Cash at bank and in hand | 54/58 | €3,218 | €211,302 | +€208,085 | +6,466% |
| Deferred charges and accrued income | 490/1 | €717 | €3,751 | +€3,034 | +423% |
| Total equity and liabilities | 10/49 | €252,494 | €317,706 | +€65,212 | +25.8% |
| Equity | 10/15 | €112,745 | €235,393 | +€122,648 | +109% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €67,594 | €190,242 | +€122,648 | +181% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Tax-exempt reserves | 132 | €496 | €496 | = | 0.0% |
| Distributable reserves | 133 | €65,243 | €189,746 | +€124,503 | +191% |
| Profit (loss) carried forward | 14 | €26,601 | €26,601 | = | 0.0% |
| Amounts payable | 17/49 | €139,749 | €82,313 | -€57,436 | -41.1% |
| Amounts payable after more than one year | 17 | €587 | - | -€587 | |
| Financial debts | 170/4 | €587 | - | -€587 | |
| Amounts payable within one year | 42/48 | €139,162 | €82,313 | -€56,848 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €24,054 | €587 | -€23,467 | -97.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €38,447 | €13,353 | -€25,094 | -65.3% |
| Suppliers | 440/4 | €38,447 | €13,353 | -€25,094 | -65.3% |
| Taxes, remuneration and social security | 45 | €6,543 | €68,373 | +€61,830 | +945% |
| Taxes | 450/3 | €6,543 | €68,037 | +€61,494 | +940% |
| Remuneration and social security | 454/9 | - | €336 | +€336 | |
| Other amounts payable | 47/48 | €70,117 | - | -€70,117 | |
| Non-recurring operating income | 76A | €0 | €203,859 | +€203,859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,722 | €11,002 | -€9,720 | -46.9% |
| Other operating charges | 640/8 | €14,196 | €43,950 | +€29,755 | +210% |
| Gross operating margin | 9900 | €31,780 | €245,183 | +€213,404 | +672% |
| Operating profit (loss) | 9901 | -€3,138 | €190,232 | +€193,369 | |
| Financial income | 75/76B | €0 | €4,491 | +€4,491 | +44,913,200% |
| Recurring financial income | 75 | €0 | €4,491 | +€4,491 | +44,913,200% |
| Financial charges | 65/66B | €4,339 | €4,269 | -€70 | -1.6% |
| Recurring financial charges | 65 | €4,339 | €4,269 | -€70 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,476 | €190,454 | +€197,930 | |
| Income taxes | 67/77 | €8,252 | €67,806 | +€59,554 | +722% |
| Profit (loss) for the period | 9904 | -€15,728 | €122,648 | +€138,376 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,728 | €122,648 | +€138,376 |
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 23 October 2026 via checked.be.