VINCENT FOSTY: what changed
VINCENT FOSTY
Largest movements
- Receivables after one year +€74,000
up €74,000 (+12.2%), from €606,000 to €680,000
- Tangible fixed assets -€38,979
down €38,979 (-22.5%), from €172,980 to €134,001
of which Furniture and vehicles: -€37,024
- Cash +€37,772
up €37,772 (+7.9%), from €481,050 to €518,822
mainly Net result for the year (+€165,537) and Other debts (+€66,572)
- Reserves +€113,132
up €113,132 (+15.5%), from €730,392 to €843,524
of which Distributable reserves: +€116,132
- Other debts +€66,572
up €66,572 (+17.2%), from €387,333 to €453,906
- Trade debts -€64,338
down €64,338 (-91.9%), from €69,990 to €5,652
- Tax, wage and social debts -€25,324
down €25,324 (-41.6%), from €60,944 to €35,620
- Gross operating margin +€67,906
up €67,906 (+30.4%), from €223,555 to €291,461
- Depreciation +€19,717
up €19,717 (+90.9%), from €21,702 to €41,419
- Taxes +€16,232
up €16,232 (+26.9%), from €60,419 to €76,650
- Other operating charges -€5,455
down €5,455 (-77.7%), from €7,022 to €1,567
- Financial charges -€3,019
down €3,019 (-11.4%), from €26,421 to €23,403
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,306,979 | €1,390,872 | +€83,893 | +6.4% |
| Fixed assets | 21/28 | €176,980 | €138,001 | -€38,979 | -22.0% |
| Tangible fixed assets | 22/27 | €172,980 | €134,001 | -€38,979 | -22.5% |
| Plant, machinery and equipment | 23 | €11,855 | €9,900 | -€1,955 | -16.5% |
| Furniture and vehicles | 24 | €161,125 | €124,101 | -€37,024 | -23.0% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €1,129,999 | €1,252,871 | +€122,872 | +10.9% |
| Amounts receivable after more than one year | 29 | €606,000 | €680,000 | +€74,000 | +12.2% |
| Other amounts receivable | 291 | €606,000 | €680,000 | +€74,000 | +12.2% |
| Amounts receivable within one year | 40/41 | €20,141 | €26,108 | +€5,966 | +29.6% |
| Trade receivables | 40 | €934 | - | -€934 | |
| Other amounts receivable | 41 | €19,207 | €26,108 | +€6,900 | +35.9% |
| Cash at bank and in hand | 54/58 | €481,050 | €518,822 | +€37,772 | +7.9% |
| Deferred charges and accrued income | 490/1 | €22,807 | €27,941 | +€5,133 | +22.5% |
| Total equity and liabilities | 10/49 | €1,306,979 | €1,390,872 | +€83,893 | +6.4% |
| Equity | 10/15 | €760,392 | €873,524 | +€113,132 | +14.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €730,392 | €843,524 | +€113,132 | +15.5% |
| Non-distributable reserves | 130/1 | €3,000 | - | -€3,000 | |
| Reserves not available under the articles | 1311 | €3,000 | - | -€3,000 | |
| Distributable reserves | 133 | €727,392 | €843,524 | +€116,132 | +16.0% |
| Amounts payable | 17/49 | €546,587 | €517,348 | -€29,239 | -5.3% |
| Amounts payable within one year | 42/48 | €521,750 | €495,858 | -€25,893 | -5.0% |
| Financial debts | 43 | €3,484 | €681 | -€2,803 | -80.5% |
| Credit institutions | 430/8 | €3,484 | €681 | -€2,803 | -80.5% |
| Trade debts | 44 | €69,990 | €5,652 | -€64,338 | -91.9% |
| Suppliers | 440/4 | €69,990 | €5,652 | -€64,338 | -91.9% |
| Taxes, remuneration and social security | 45 | €60,944 | €35,620 | -€25,324 | -41.6% |
| Taxes | 450/3 | €60,944 | €35,620 | -€25,324 | -41.6% |
| Other amounts payable | 47/48 | €387,333 | €453,906 | +€66,572 | +17.2% |
| Accrued charges and deferred income | 492/3 | €24,836 | €21,490 | -€3,346 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,702 | €41,419 | +€19,717 | +90.9% |
| Other operating charges | 640/8 | €7,022 | €1,567 | -€5,455 | -77.7% |
| Gross operating margin | 9900 | €223,555 | €291,461 | +€67,906 | +30.4% |
| Operating profit (loss) | 9901 | €194,831 | €248,475 | +€53,644 | +27.5% |
| Financial income | 75/76B | €15,785 | €17,115 | +€1,331 | +8.4% |
| Recurring financial income | 75 | €15,785 | €17,115 | +€1,331 | +8.4% |
| Financial charges | 65/66B | €26,421 | €23,403 | -€3,019 | -11.4% |
| Recurring financial charges | 65 | €26,421 | €23,403 | -€3,019 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €184,194 | €242,188 | +€57,993 | +31.5% |
| Income taxes | 67/77 | €60,419 | €76,650 | +€16,232 | +26.9% |
| Profit (loss) for the period | 9904 | €123,776 | €165,537 | +€41,762 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €123,776 | €165,537 | +€41,762 | +33.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.