VEXTRA HOLDING: 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.
What changed
VEXTRA HOLDING
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€61,060
2024 · €233,050-€294,110
Equity
€23.9m
2024 · €23.9m-€61,060
Cash
€31,957
2024 · €4,719+€27,237
Balance sheet total
€24.3m
2024 · €24.9m-€623,319
Largest movements
Assets
- Receivables after one year -€700,000
no longer reported in 2025 (was €700,000)
Equity and liabilities
- Debts after one year -€400,000
no longer reported in 2025 (was €400,000)
Income statement
- Financial income -€295,888
down €295,888 (-98.6%), from €300,069 to €4,181
- Turnover -€62,747
no longer reported in 2025 (was €62,747)
- Goods and materials -€57,043
no longer reported in 2025 (was €57,043)
- Other operating income +€5,000
new in 2025: €5,000
- Financial charges -€1,121
down €1,121 (-27.5%), from €4,077 to €2,956
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.
Result 2024
€233,050
Turnover
-€62,747
Other operating income
+€5,000
Goods and materials
+€57,043
Services and other goods
+€632
Depreciation
+€761
Other operating charges
-€31
Financial income
-€295,888
Financial charges
+€1,121
Result 2025
-€61,060
raises the resultlowers the result
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.
From operations
+€652,646
Investment
-€225,409
Financing
-€400,000
Cash 2024
€4,719
From operations (derived)
+€652,646
Net result for the year
-€61,060
Receivables after one year
+€700,000
Receivables within one year
-€14,035
Deferred charges and accrued income
+€190,000
Trade debts
-€42,250
Tax, wage and social debts
-€9
Other debts
-€120,000
Investment (derived)
-€225,409
Current investments
-€225,409
Financing
-€400,000
Debts after one year
-€400,000
Cash 2025
€31,957
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,908,878 | €24,285,559 | -€623,319 | -2.5% |
| Fixed assets | 21/28 | €23,667,461 | €23,667,461 | = | 0.0% |
| Financial fixed assets | 28 | €23,667,461 | €23,667,461 | = | 0.0% |
| Affiliated companies | 280/1 | €23,667,461 | €23,667,461 | = | 0.0% |
| Participating interests | 280 | €23,667,461 | €23,667,461 | = | 0.0% |
| Current assets | 29/58 | €1,241,418 | €618,099 | -€623,319 | -50.2% |
| Amounts receivable after more than one year | 29 | €700,000 | - | -€700,000 | |
| Other amounts receivable | 291 | €700,000 | - | -€700,000 | |
| Amounts receivable within one year | 40/41 | €46,698 | €60,733 | +€14,035 | +30.1% |
| Other amounts receivable | 41 | €46,698 | €60,733 | +€14,035 | +30.1% |
| Current investments | 50/53 | - | €225,409 | +€225,409 | |
| Other investments | 51/53 | - | €225,409 | +€225,409 | |
| Cash at bank and in hand | 54/58 | €4,719 | €31,957 | +€27,237 | +577% |
| Deferred charges and accrued income | 490/1 | €490,000 | €300,000 | -€190,000 | -38.8% |
| Total equity and liabilities | 10/49 | €24,908,878 | €24,285,559 | -€623,319 | -2.5% |
| Equity | 10/15 | €23,946,515 | €23,885,455 | -€61,060 | -0.3% |
| Contributions | 10/11 | €22,000,000 | €22,000,000 | = | 0.0% |
| Reserves | 13 | €1,946,515 | €1,885,455 | -€61,060 | -3.1% |
| Distributable reserves | 133 | €1,946,515 | €1,885,455 | -€61,060 | -3.1% |
| Amounts payable | 17/49 | €962,364 | €400,105 | -€562,259 | -58.4% |
| Amounts payable after more than one year | 17 | €400,000 | - | -€400,000 | |
| Financial debts | 170/4 | €400,000 | - | -€400,000 | |
| Credit institutions | 173 | €400,000 | - | -€400,000 | |
| Amounts payable within one year | 42/48 | €562,364 | €400,105 | -€162,259 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €42,350 | €100 | -€42,250 | -99.8% |
| Suppliers | 440/4 | €42,350 | €100 | -€42,250 | -99.8% |
| Taxes, remuneration and social security | 45 | €14 | €5 | -€9 | -64.5% |
| Taxes | 450/3 | €14 | €5 | -€9 | -64.5% |
| Other amounts payable | 47/48 | €120,000 | - | -€120,000 | |
| Operating income | 70/76A | €62,747 | €5,000 | -€57,747 | -92.0% |
| Turnover | 70 | €62,747 | - | -€62,747 | |
| Other operating income | 74 | - | €5,000 | +€5,000 | |
| Operating charges | 60/66A | €125,689 | €67,285 | -€58,404 | -46.5% |
| Goods for resale, raw materials and consumables | 60 | €57,043 | - | -€57,043 | |
| Purchases | 600/8 | €57,043 | - | -€57,043 | |
| Services and other goods | 61 | €66,857 | €66,225 | -€632 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €761 | - | -€761 | |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Operating profit (loss) | 9901 | -€62,943 | -€62,285 | +€657 | +1.0% |
| Financial income | 75/76B | €300,069 | €4,181 | -€295,888 | -98.6% |
| Recurring financial income | 75 | €300,069 | €4,181 | -€295,888 | -98.6% |
| Income from financial fixed assets | 750 | €300,000 | - | -€300,000 | |
| Income from current assets | 751 | - | €4,181 | +€4,181 | |
| Other financial income | 752/9 | €69 | - | -€69 | |
| Financial charges | 65/66B | €4,077 | €2,956 | -€1,121 | -27.5% |
| Recurring financial charges | 65 | €4,077 | €2,956 | -€1,121 | -27.5% |
| Debt charges | 650 | €4,076 | €2,900 | -€1,177 | -28.9% |
| Other financial charges | 652/9 | €1 | €57 | +€56 | +10,396% |
| Profit (loss) for the period before taxes | 9903 | €233,050 | -€61,060 | -€294,110 | |
| Profit (loss) for the period | 9904 | €233,050 | -€61,060 | -€294,110 | |
| Profit (loss) for the period to be appropriated | 9905 | €233,050 | -€61,060 | -€294,110 |
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 17 October 2026 via checked.be.