VESTIO: what changed
Two fiscal 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.
VESTIO
Largest movements
- Receivables within one year -€9,346
down €9,346 (-78.3%), from €11,933 to €2,587
of which Trade receivables: -€8,425
- Cash -€2,380
down €2,380 (-15.0%), from €15,869 to €13,490
mainly Accrued charges and deferred income (-€10,000) and Trade debts (-€6,025)
- Accrued charges and deferred income -€10,000
down €10,000 (-66.7%), from €15,000 to €5,000
- Trade debts -€6,025
down €6,025 (-80.3%), from €7,506 to €1,481
- Reserves +€4,299
up €4,299 (+26.4%), from €16,296 to €20,595
- Gross operating margin +€17,941
up €17,941, from -€12,568 to €5,373
- Financial charges +€137
up €137 (+54.4%), from €251 to €388
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 | €58,802 | €47,076 | -€11,726 | -19.9% |
| Fixed assets | 21/28 | €31,000 | €31,000 | = | 0.0% |
| Financial fixed assets | 28 | €31,000 | €31,000 | = | 0.0% |
| Current assets | 29/58 | €27,802 | €16,076 | -€11,726 | -42.2% |
| Amounts receivable within one year | 40/41 | €11,933 | €2,587 | -€9,346 | -78.3% |
| Trade receivables | 40 | €8,638 | €214 | -€8,425 | -97.5% |
| Other amounts receivable | 41 | €3,295 | €2,373 | -€921 | -28.0% |
| Cash at bank and in hand | 54/58 | €15,869 | €13,490 | -€2,380 | -15.0% |
| Total equity and liabilities | 10/49 | €58,802 | €47,076 | -€11,726 | -19.9% |
| Equity | 10/15 | €36,296 | €40,595 | +€4,299 | +11.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,296 | €20,595 | +€4,299 | +26.4% |
| Distributable reserves | 133 | €16,296 | €20,595 | +€4,299 | +26.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €22,506 | €6,481 | -€16,025 | -71.2% |
| Amounts payable within one year | 42/48 | €7,506 | €1,481 | -€6,025 | -80.3% |
| Trade debts | 44 | €7,506 | €1,481 | -€6,025 | -80.3% |
| Suppliers | 440/4 | €7,506 | €1,481 | -€6,025 | -80.3% |
| Accrued charges and deferred income | 492/3 | €15,000 | €5,000 | -€10,000 | -66.7% |
| Non-recurring operating income | 76A | - | €1,250 | +€1,250 | |
| Other operating charges | 640/8 | €674 | €687 | +€12 | +1.8% |
| Gross operating margin | 9900 | -€12,568 | €5,373 | +€17,941 | |
| Operating profit (loss) | 9901 | -€13,242 | €4,686 | +€17,929 | |
| Financial charges | 65/66B | €251 | €388 | +€137 | +54.4% |
| Recurring financial charges | 65 | €251 | €388 | +€137 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,493 | €4,299 | +€17,792 | |
| Profit (loss) for the period | 9904 | -€13,493 | €4,299 | +€17,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,493 | €4,299 | +€17,792 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.