REUMA - VWL: 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.
REUMA - VWL
Largest movements
- Cash +€18,096
up €18,096 (+53.1%), from €34,048 to €52,144
mainly Net result for the year (+€21,785) and Depreciation (+€13,483)
- Current investments +€18,046
up €18,046 (+11.1%), from €162,000 to €180,046
- Tangible fixed assets -€13,483
down €13,483 (-16.8%), from €80,349 to €66,865
of which Land and buildings: -€12,627
- Reserves +€21,785
up €21,785 (+8.8%), from €247,996 to €269,781
- Financial income +€4,884
up €4,884 (+158%), from €3,084 to €7,968
- Gross operating margin +€2,361
up €2,361 (+7.0%), from €33,798 to €36,159
- Financial charges +€830
up €830 (+7,508%), from €11 to €841
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 | €277,601 | €300,275 | +€22,674 | +8.2% |
| Fixed assets | 21/28 | €80,349 | €66,865 | -€13,483 | -16.8% |
| Tangible fixed assets | 22/27 | €80,349 | €66,865 | -€13,483 | -16.8% |
| Land and buildings | 22 | €78,215 | €65,588 | -€12,627 | -16.1% |
| Plant, machinery and equipment | 23 | €2,133 | €1,277 | -€856 | -40.1% |
| Current assets | 29/58 | €197,253 | €233,410 | +€36,157 | +18.3% |
| Amounts receivable within one year | 40/41 | €1,204 | €1,220 | +€16 | +1.3% |
| Trade receivables | 40 | - | €1,220 | +€1,220 | |
| Other amounts receivable | 41 | €1,204 | - | -€1,204 | |
| Current investments | 50/53 | €162,000 | €180,046 | +€18,046 | +11.1% |
| Cash at bank and in hand | 54/58 | €34,048 | €52,144 | +€18,096 | +53.1% |
| Total equity and liabilities | 10/49 | €277,601 | €300,275 | +€22,674 | +8.2% |
| Equity | 10/15 | €266,546 | €288,331 | +€21,785 | +8.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €247,996 | €269,781 | +€21,785 | +8.8% |
| Distributable reserves | 133 | €247,996 | €269,781 | +€21,785 | +8.8% |
| Amounts payable | 17/49 | €11,055 | €11,945 | +€889 | +8.0% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,055 | €1,945 | +€889 | +84.3% |
| Trade debts | 44 | €682 | €684 | +€2 | +0.3% |
| Suppliers | 440/4 | €682 | €684 | +€2 | +0.3% |
| Taxes, remuneration and social security | 45 | €373 | €1,260 | +€887 | +238% |
| Taxes | 450/3 | €373 | €1,260 | +€887 | +238% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,483 | €13,483 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €33,798 | €36,159 | +€2,361 | +7.0% |
| Operating profit (loss) | 9901 | €19,865 | €22,214 | +€2,349 | +11.8% |
| Financial income | 75/76B | €3,084 | €7,968 | +€4,884 | +158% |
| Recurring financial income | 75 | €3,084 | €7,968 | +€4,884 | +158% |
| Financial charges | 65/66B | €11 | €841 | +€830 | +7,508% |
| Recurring financial charges | 65 | €11 | €841 | +€830 | +7,508% |
| Profit (loss) for the period before taxes | 9903 | €22,938 | €29,340 | +€6,402 | +27.9% |
| Income taxes | 67/77 | €7,298 | €7,556 | +€257 | +3.5% |
| Profit (loss) for the period | 9904 | €15,640 | €21,785 | +€6,145 | +39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,640 | €21,785 | +€6,145 | +39.3% |
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 23 October 2026 via checked.be.