VYSOIL: 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
VYSOIL
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€61,885
2024 · -€38,915+€100,800
Equity
€2.2m
2024 · €2.1m+€61,885
Cash
€65,098
2024 · €29,789+€35,308
Balance sheet total
€12.0m
2024 · €7.2m+€4.8m
Largest movements
Assets
- Financial fixed assets +€4.5m
up €4.5m (+62.2%), from €7.2m to €11.6m
- Receivables within one year +€266,145
up €266,145 (+573%), from €46,432 to €312,576
of which Other amounts receivable: +€219,968
Equity and liabilities
- Debts after one year +€3.1m
up €3.1m (+72.5%), from €4.3m to €7.5m
- Other debts +€883,901
new in 2025: €883,901
- Current portion of long-term debt +€477,287
up €477,287 (+77.5%), from €616,019 to €1.1m
- Accrued charges and deferred income +€149,384
up €149,384 (+136%), from €109,682 to €259,067
Income statement
- Turnover +€1.1m
new in 2025: €1.1m
- Services and other goods +€1.0m
new in 2025: €1.0m
- Financial income +€311,466
new in 2025: €311,466
- Financial charges +€286,422
up €286,422 (+507%), from €56,548 to €342,970
- Gross operating margin -€22,632
no longer reported in 2025 (was €22,632)
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
-€38,915
Turnover
+€1.1m
Services and other goods
-€1.0m
Other operating items
-€22,632
Financial income
+€311,466
Financial charges
-€286,422
Taxes
+€10,000
Result 2025
€61,885
raises the resultlowers the resultnot broken down further in the accounts
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
+€881,748
Investment
-€4.5m
Financing
+€3.6m
Cash 2024
€29,789
From operations (derived)
+€881,748
Net result for the year
+€61,885
Receivables within one year
-€266,145
Deferred charges and accrued income
-€11,466
Trade debts
+€89,882
Tax, wage and social debts
-€25,694
Other debts
+€883,901
Accrued charges and deferred income
+€149,384
Investment (derived)
-€4.5m
Investment in fixed assets (net)
-€4.5m
Financing
+€3.6m
Debts after one year
+€3.1m
Current portion of long-term debt
+€477,287
Cash 2025
€65,098
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,249,992 | €12,027,424 | +€4.8m | +65.9% |
| Fixed assets | 21/28 | €7,173,771 | €11,638,285 | +€4.5m | +62.2% |
| Financial fixed assets | 28 | €7,173,771 | €11,638,285 | +€4.5m | +62.2% |
| Affiliated companies | 280/1 | - | €11,638,285 | +€11.6m | |
| Participating interests | 280 | - | €11,638,285 | +€11.6m | |
| Current assets | 29/58 | €76,221 | €389,140 | +€312,919 | +411% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €46,432 | €312,576 | +€266,145 | +573% |
| Trade receivables | 40 | €46,432 | €92,608 | +€46,176 | +99.4% |
| Other amounts receivable | 41 | - | €219,968 | +€219,968 | |
| Cash at bank and in hand | 54/58 | €29,789 | €65,098 | +€35,308 | +119% |
| Deferred charges and accrued income | 490/1 | - | €11,466 | +€11,466 | |
| Total equity and liabilities | 10/49 | €7,249,992 | €12,027,424 | +€4.8m | +65.9% |
| Equity | 10/15 | €2,098,585 | €2,160,469 | +€61,885 | +2.9% |
| Contributions | 10/11 | €2,137,500 | €2,137,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,915 | €22,969 | +€61,885 | |
| Amounts payable | 17/49 | €5,151,407 | €9,866,955 | +€4.7m | +91.5% |
| Amounts payable after more than one year | 17 | €4,331,189 | €7,471,976 | +€3.1m | +72.5% |
| Financial debts | 170/4 | €4,331,189 | €7,471,976 | +€3.1m | +72.5% |
| Credit institutions | 173 | - | €5,721,976 | +€5.7m | |
| Other loans | 174 | - | €1,750,000 | +€1.8m | |
| Amounts payable within one year | 42/48 | €710,536 | €2,135,913 | +€1.4m | +201% |
| Current portion of amounts payable after more than one year | 42 | €616,019 | €1,093,306 | +€477,287 | +77.5% |
| Trade debts | 44 | €68,824 | €158,706 | +€89,882 | +131% |
| Suppliers | 440/4 | €68,824 | €158,706 | +€89,882 | +131% |
| Taxes, remuneration and social security | 45 | €25,694 | €0 | -€25,694 | -100% |
| Taxes | 450/3 | €25,694 | €0 | -€25,694 | -100% |
| Other amounts payable | 47/48 | - | €883,901 | +€883,901 | |
| Accrued charges and deferred income | 492/3 | €109,682 | €259,067 | +€149,384 | +136% |
| Operating income | 70/76A | - | €1,127,745 | +€1.1m | |
| Turnover | 70 | - | €1,127,745 | +€1.1m | |
| Operating charges | 60/66A | - | €1,039,356 | +€1.0m | |
| Services and other goods | 61 | - | €1,039,356 | +€1.0m | |
| Gross operating margin | 9900 | €22,632 | - | -€22,632 | |
| Operating profit (loss) | 9901 | €22,632 | €88,389 | +€65,756 | +291% |
| Financial income | 75/76B | - | €311,466 | +€311,466 | |
| Recurring financial income | 75 | - | €311,466 | +€311,466 | |
| Income from financial fixed assets | 750 | - | €300,000 | +€300,000 | |
| Income from current assets | 751 | - | €11,466 | +€11,466 | |
| Financial charges | 65/66B | €56,548 | €342,970 | +€286,422 | +507% |
| Recurring financial charges | 65 | €56,548 | €342,970 | +€286,422 | +507% |
| Debt charges | 650 | - | €341,067 | +€341,067 | |
| Other financial charges | 652/9 | - | €1,903 | +€1,903 | |
| Profit (loss) for the period before taxes | 9903 | -€33,915 | €56,885 | +€90,800 | |
| Income taxes | 67/77 | €5,000 | -€5,000 | -€10,000 | |
| Taxes | 670/3 | - | €0 | = | |
| Tax adjustments and reversals of tax provisions | 77 | - | €5,000 | +€5,000 | |
| Profit (loss) for the period | 9904 | -€38,915 | €61,885 | +€100,800 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,915 | €61,885 | +€100,800 |
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.