V.M.S. Engineering: 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.S. Engineering
Largest movements
- Cash +€10,163
up €10,163 (+70.7%), from €14,376 to €24,539
mainly Net result for the year (+€58,143) and Other debts (+€27,997)
- Other debts +€27,997
up €27,997 (+92.9%), from €30,146 to €58,143
- Debts after one year -€15,500
down €15,500 (-16.9%), from €91,708 to €76,208
- Current portion of long-term debt -€4,289
down €4,289 (-20.2%), from €21,220 to €16,931
- Tax, wage and social debts +€3,145
up €3,145 (+42.3%), from €7,427 to €10,573
- Gross operating margin +€20,212
up €20,212 (+28.4%), from €71,094 to €91,306
- Taxes +€5,142
up €5,142 (+33.5%), from €15,331 to €20,473
- Depreciation +€1,527
up €1,527 (+17.9%), from €8,522 to €10,049
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.
Cash bridge derived
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 | €288,739 | €301,208 | +€12,468 | +4.3% |
| Fixed assets | 21/28 | €263,244 | €265,947 | +€2,703 | +1.0% |
| Tangible fixed assets | 22/27 | €263,244 | €265,947 | +€2,703 | +1.0% |
| Land and buildings | 22 | €250,011 | €254,374 | +€4,363 | +1.7% |
| Plant, machinery and equipment | 23 | €13,233 | €11,573 | -€1,661 | -12.6% |
| Current assets | 29/58 | €25,495 | €35,261 | +€9,766 | +38.3% |
| Amounts receivable within one year | 40/41 | €10,000 | €8,701 | -€1,299 | -13.0% |
| Trade receivables | 40 | €10,000 | €8,204 | -€1,796 | -18.0% |
| Other amounts receivable | 41 | €0 | €497 | +€497 | |
| Cash at bank and in hand | 54/58 | €14,376 | €24,539 | +€10,163 | +70.7% |
| Deferred charges and accrued income | 490/1 | €1,119 | €2,020 | +€902 | +80.6% |
| Total equity and liabilities | 10/49 | €288,739 | €301,208 | +€12,468 | +4.3% |
| Equity | 10/15 | €137,674 | €137,674 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,074 | €119,074 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €117,214 | €117,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €151,066 | €163,534 | +€12,468 | +8.3% |
| Amounts payable after more than one year | 17 | €91,708 | €76,208 | -€15,500 | -16.9% |
| Financial debts | 170/4 | €91,708 | €76,208 | -€15,500 | -16.9% |
| Amounts payable within one year | 42/48 | €59,358 | €87,160 | +€27,802 | +46.8% |
| Current portion of amounts payable after more than one year | 42 | €21,220 | €16,931 | -€4,289 | -20.2% |
| Trade debts | 44 | €564 | €1,513 | +€948 | +168.0% |
| Suppliers | 440/4 | €564 | €1,513 | +€948 | +168.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,427 | €10,573 | +€3,145 | +42.3% |
| Taxes | 450/3 | €7,427 | €10,573 | +€3,145 | +42.3% |
| Other amounts payable | 47/48 | €30,146 | €58,143 | +€27,997 | +92.9% |
| Accrued charges and deferred income | 492/3 | - | €167 | +€167 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,522 | €10,049 | +€1,527 | +17.9% |
| Other operating charges | 640/8 | €813 | €855 | +€42 | +5.2% |
| Gross operating margin | 9900 | €71,094 | €91,306 | +€20,212 | +28.4% |
| Operating profit (loss) | 9901 | €61,759 | €80,401 | +€18,643 | +30.2% |
| Financial income | 75/76B | €45 | €261 | +€215 | +477.6% |
| Recurring financial income | 75 | €45 | €261 | +€215 | +477.6% |
| Financial charges | 65/66B | €1,880 | €2,046 | +€166 | +8.8% |
| Recurring financial charges | 65 | €1,880 | €2,046 | +€166 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €59,924 | €78,616 | +€18,693 | +31.2% |
| Income taxes | 67/77 | €15,331 | €20,473 | +€5,142 | +33.5% |
| Profit (loss) for the period | 9904 | €44,592 | €58,143 | +€13,551 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,592 | €58,143 | +€13,551 | +30.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.