V.M. Software: 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. Software
Largest movements
- Current investments +€50,000
up €50,000 (+211.8%), from €23,610 to €73,610
- Cash +€6,597
up €6,597 (+2.8%), from €234,935 to €241,533
mainly Net result for the year (+€56,607) and Tax, wage and social debts (+€2,578)
- Reserves +€56,607
up €56,607 (+25.0%), from €226,589 to €283,196
- Gross operating margin -€2,387
down €2,387 (-3.0%), from €80,312 to €77,925
- Taxes -€1,148
down €1,148 (-5.0%), from €22,804 to €21,655
- Financial income +€1,048
up €1,048 (+113.9%), from €921 to €1,969
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 | €270,056 | €329,580 | +€59,523 | +22.0% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €270,056 | €329,580 | +€59,523 | +22.0% |
| Amounts receivable within one year | 40/41 | €11,383 | €13,087 | +€1,703 | +15.0% |
| Trade receivables | 40 | €11,383 | €13,087 | +€1,703 | +15.0% |
| Current investments | 50/53 | €23,610 | €73,610 | +€50,000 | +211.8% |
| Cash at bank and in hand | 54/58 | €234,935 | €241,533 | +€6,597 | +2.8% |
| Deferred charges and accrued income | 490/1 | €128 | €1,351 | +€1,223 | +956.6% |
| Total equity and liabilities | 10/49 | €270,056 | €329,580 | +€59,523 | +22.0% |
| Equity | 10/15 | €245,286 | €301,893 | +€56,607 | +23.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €226,589 | €283,196 | +€56,607 | +25.0% |
| Distributable reserves | 133 | €226,589 | €283,196 | +€56,607 | +25.0% |
| Profit (loss) carried forward | 14 | €106 | €106 | = | 0.0% |
| Amounts payable | 17/49 | €24,770 | €27,686 | +€2,917 | +11.8% |
| Amounts payable within one year | 42/48 | €24,770 | €27,686 | +€2,917 | +11.8% |
| Trade debts | 44 | €4,229 | €2,856 | -€1,373 | -32.5% |
| Suppliers | 440/4 | €4,229 | €2,856 | -€1,373 | -32.5% |
| Taxes, remuneration and social security | 45 | €16,614 | €19,192 | +€2,578 | +15.5% |
| Taxes | 450/3 | €16,614 | €19,192 | +€2,578 | +15.5% |
| Other amounts payable | 47/48 | €3,927 | €5,638 | +€1,711 | +43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €317 | €0 | -€317 | -100.0% |
| Other operating charges | 640/8 | €1,468 | €1,519 | +€51 | +3.5% |
| Gross operating margin | 9900 | €80,312 | €77,925 | -€2,387 | -3.0% |
| Operating profit (loss) | 9901 | €78,526 | €76,406 | -€2,120 | -2.7% |
| Financial income | 75/76B | €921 | €1,969 | +€1,048 | +113.9% |
| Recurring financial income | 75 | €921 | €1,969 | +€1,048 | +113.9% |
| Financial charges | 65/66B | €96 | €113 | +€17 | +17.9% |
| Recurring financial charges | 65 | €96 | €113 | +€17 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €79,351 | €78,262 | -€1,089 | -1.4% |
| Income taxes | 67/77 | €22,804 | €21,655 | -€1,148 | -5.0% |
| Profit (loss) for the period | 9904 | €56,548 | €56,607 | +€59 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,548 | €56,607 | +€59 | +0.1% |
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 12 October 2026 via checked.be.