VEXIUS: 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.
VEXIUS
Largest movements
- Cash +€7,072
up €7,072 (+17.1%), from €41,355 to €48,427
mainly Net result for the year (+€15,618) and Depreciation (+€521)
- Receivables within one year +€2,791
up €2,791 (+20.3%), from €13,721 to €16,512
of which Trade receivables: +€3,084
- Tangible fixed assets +€1,724
new in 2025: €1,724
- Deferred charges and accrued income +€1,015
up €1,015 (+120.9%), from €839 to €1,854
- Profit (loss) carried forward +€15,618
up €15,618 (+37.2%), from €41,983 to €57,600
- Trade debts -€2,413
down €2,413 (-65.0%), from €3,714 to €1,301
- Other debts -€1,087
down €1,087 (-85.2%), from €1,276 to €188
- Gross operating margin -€14,065
down €14,065 (-37.4%), from €37,642 to €23,577
- Taxes -€2,740
down €2,740 (-33.8%), from €8,104 to €5,364
- Depreciation +€521
new in 2025: €521
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 | €55,915 | €68,517 | +€12,602 | +22.5% |
| Fixed assets | 21/28 | - | €1,724 | +€1,724 | |
| Tangible fixed assets | 22/27 | - | €1,724 | +€1,724 | |
| Plant, machinery and equipment | 23 | - | €1,724 | +€1,724 | |
| Current assets | 29/58 | €55,915 | €66,793 | +€10,878 | +19.5% |
| Amounts receivable within one year | 40/41 | €13,721 | €16,512 | +€2,791 | +20.3% |
| Trade receivables | 40 | €10,791 | €13,876 | +€3,084 | +28.6% |
| Other amounts receivable | 41 | €2,930 | €2,636 | -€293 | -10.0% |
| Cash at bank and in hand | 54/58 | €41,355 | €48,427 | +€7,072 | +17.1% |
| Deferred charges and accrued income | 490/1 | €839 | €1,854 | +€1,015 | +120.9% |
| Total equity and liabilities | 10/49 | €55,915 | €68,517 | +€12,602 | +22.5% |
| Equity | 10/15 | €44,983 | €60,600 | +€15,618 | +34.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,983 | €57,600 | +€15,618 | +37.2% |
| Amounts payable | 17/49 | €10,932 | €7,916 | -€3,015 | -27.6% |
| Amounts payable within one year | 42/48 | €10,932 | €7,916 | -€3,015 | -27.6% |
| Trade debts | 44 | €3,714 | €1,301 | -€2,413 | -65.0% |
| Suppliers | 440/4 | €3,714 | €1,301 | -€2,413 | -65.0% |
| Taxes, remuneration and social security | 45 | €5,942 | €6,427 | +€485 | +8.2% |
| Taxes | 450/3 | €5,942 | €6,427 | +€485 | +8.2% |
| Other amounts payable | 47/48 | €1,276 | €188 | -€1,087 | -85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €521 | +€521 | |
| Other operating charges | 640/8 | €125 | €125 | +€0 | +0.3% |
| Gross operating margin | 9900 | €37,642 | €23,577 | -€14,065 | -37.4% |
| Operating profit (loss) | 9901 | €37,517 | €22,930 | -€14,586 | -38.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,691 | €1,949 | +€258 | +15.2% |
| Recurring financial charges | 65 | €1,691 | €1,949 | +€258 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €35,826 | €20,981 | -€14,845 | -41.4% |
| Income taxes | 67/77 | €8,104 | €5,364 | -€2,740 | -33.8% |
| Profit (loss) for the period | 9904 | €27,723 | €15,618 | -€12,105 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,723 | €15,618 | -€12,105 | -43.7% |
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 4 October 2026 via checked.be.