V.M.I. GOLD: 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.
V.M.I. GOLD
Largest movements
- Receivables within one year -€435
down €435 (-10.4%), from €4,201 to €3,766
- Cash -€87
down €87 (-57.7%), from €151 to €64
mainly Net result for the year (-€522)
- Profit (loss) carried forward -€522
down €522 (-3.2%), from -€16,548 to -€17,070
- Gross operating margin +€1,021
up €1,021 (+87.1%), from -€1,173 to -€152
- Turnover +€265
up €265 (+27.7%), from €955 to €1,220
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,352 | €3,830 | -€522 | -12.0% |
| Current assets | 29/58 | €4,352 | €3,830 | -€522 | -12.0% |
| Amounts receivable within one year | 40/41 | €4,201 | €3,766 | -€435 | -10.4% |
| Cash at bank and in hand | 54/58 | €151 | €64 | -€87 | -57.7% |
| Total equity and liabilities | 10/49 | €4,352 | €3,830 | -€522 | -12.0% |
| Equity | 10/15 | €4,352 | €3,830 | -€522 | -12.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,548 | -€17,070 | -€522 | -3.2% |
| Turnover | 70 | €955 | €1,220 | +€265 | +27.7% |
| Gross operating margin | 9900 | -€1,173 | -€152 | +€1,021 | +87.1% |
| Operating profit (loss) | 9901 | -€1,521 | -€499 | +€1,021 | +67.2% |
| Recurring financial charges | 65 | €21 | €23 | +€2 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,542 | -€522 | +€1,019 | +66.1% |
| Profit (loss) for the period | 9904 | -€1,542 | -€522 | +€1,019 | +66.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,542 | -€522 | +€1,019 | +66.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.