Vestum Beheer: 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.
Vestum Beheer
Largest movements
- Tangible fixed assets -€7,749
down €7,749 (-22.8%), from €34,010 to €26,261
- Cash -€4,553
down €4,553 (-76.8%), from €5,928 to €1,375
mainly Net result for the year (-€8,895) and Trade debts (-€6,825)
- Receivables within one year +€2,989
up €2,989 (+15.3%), from €19,501 to €22,490
of which Trade receivables: +€3,025
- Profit (loss) carried forward -€8,895
down €8,895 (-8.8%), from -€100,666 to -€109,561
- Trade debts -€6,825
down €6,825 (-82.4%), from €8,281 to €1,456
- Other debts +€5,860
up €5,860 (+4.2%), from €139,586 to €145,446
- Accrued charges and deferred income +€854
up €854 (+4,270%), from €20 to €874
- Gross operating margin +€46,203
up €46,203 (+45.6%), from €101,212 to €147,415
- Turnover +€43,309
up €43,309 (+40.6%), from €106,691 to €150,000
- Staff costs +€16,482
up €16,482 (+19.1%), from €86,235 to €102,717
- Other operating charges +€6,814
up €6,814 (+22.2%), from €30,755 to €37,569
- Purchases and services -€2,605
down €2,605 (-49.8%), from €5,231 to €2,626
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 | €65,821 | €56,815 | -€9,006 | -13.7% |
| Fixed assets | 21/28 | €34,010 | €26,261 | -€7,749 | -22.8% |
| Tangible fixed assets | 22/27 | €34,010 | €26,261 | -€7,749 | -22.8% |
| Furniture and vehicles | 24 | €34,010 | €26,261 | -€7,749 | -22.8% |
| Current assets | 29/58 | €31,811 | €30,554 | -€1,257 | -4.0% |
| Amounts receivable within one year | 40/41 | €19,501 | €22,490 | +€2,989 | +15.3% |
| Trade receivables | 40 | €7,500 | €10,525 | +€3,025 | +40.3% |
| Other amounts receivable | 41 | €12,001 | €11,965 | -€36 | -0.3% |
| Cash at bank and in hand | 54/58 | €5,928 | €1,375 | -€4,553 | -76.8% |
| Deferred charges and accrued income | 490/1 | €6,382 | €6,689 | +€307 | +4.8% |
| Total equity and liabilities | 10/49 | €65,821 | €56,815 | -€9,006 | -13.7% |
| Equity | 10/15 | -€82,066 | -€90,961 | -€8,895 | -10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,666 | -€109,561 | -€8,895 | -8.8% |
| Amounts payable | 17/49 | €147,887 | €147,776 | -€111 | -0.1% |
| Amounts payable within one year | 42/48 | €147,867 | €146,902 | -€965 | -0.7% |
| Trade debts | 44 | €8,281 | €1,456 | -€6,825 | -82.4% |
| Suppliers | 440/4 | €8,281 | €1,456 | -€6,825 | -82.4% |
| Other amounts payable | 47/48 | €139,586 | €145,446 | +€5,860 | +4.2% |
| Accrued charges and deferred income | 492/3 | €20 | €874 | +€854 | +4,270% |
| Turnover | 70 | €106,691 | €150,000 | +€43,309 | +40.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,231 | €2,626 | -€2,605 | -49.8% |
| Remuneration, social security and pensions | 62 | €86,235 | €102,717 | +€16,482 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,444 | €11,049 | +€605 | +5.8% |
| Other operating charges | 640/8 | €30,755 | €37,569 | +€6,814 | +22.2% |
| Gross operating margin | 9900 | €101,212 | €147,415 | +€46,203 | +45.6% |
| Operating profit (loss) | 9901 | -€26,222 | -€3,920 | +€22,302 | +85.1% |
| Financial income | 75/76B | €142 | €43 | -€99 | -69.7% |
| Recurring financial income | 75 | €142 | €43 | -€99 | -69.7% |
| Financial charges | 65/66B | €4,423 | €5,018 | +€595 | +13.5% |
| Recurring financial charges | 65 | €4,423 | €5,018 | +€595 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€30,503 | -€8,895 | +€21,608 | +70.8% |
| Profit (loss) for the period | 9904 | -€30,503 | -€8,895 | +€21,608 | +70.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,503 | -€8,895 | +€21,608 | +70.8% |
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 18 October 2026 via checked.be.