VABUMI: 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.
VABUMI
Largest movements
- Cash -€151,056
down €151,056 (-58.5%), from €258,309 to €107,253
mainly Contributions, distributions and other (-€364,539) and Investment in fixed assets (net) (-€8,145)
- Tangible fixed assets +€7,880
new in 2025: €7,880
of which Plant, machinery and equipment: +€6,540
- Receivables within one year +€5,338
up €5,338 (+348.7%), from €1,531 to €6,869
- Reserves -€248,210
no longer reported in 2025 (was €248,210)
- Other debts +€116,339
up €116,339 (+29479.8%), from €395 to €116,734
- Trade debts -€6,160
down €6,160 (-84.1%), from €7,325 to €1,165
- Gross operating margin +€20,638
up €20,638 (+15.8%), from €130,779 to €151,417
- Taxes +€5,193
up €5,193 (+18.2%), from €28,469 to €33,662
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 | €260,930 | €122,898 | -€138,032 | -52.9% |
| Fixed assets | 21/28 | - | €7,880 | +€7,880 | |
| Tangible fixed assets | 22/27 | - | €7,880 | +€7,880 | |
| Plant, machinery and equipment | 23 | - | €6,540 | +€6,540 | |
| Furniture and vehicles | 24 | - | €1,340 | +€1,340 | |
| Current assets | 29/58 | €260,930 | €115,019 | -€145,911 | -55.9% |
| Amounts receivable within one year | 40/41 | €1,531 | €6,869 | +€5,338 | +348.7% |
| Other amounts receivable | 41 | €1,531 | €6,869 | +€5,338 | +348.7% |
| Cash at bank and in hand | 54/58 | €258,309 | €107,253 | -€151,056 | -58.5% |
| Deferred charges and accrued income | 490/1 | €1,091 | €897 | -€193 | -17.7% |
| Total equity and liabilities | 10/49 | €260,930 | €122,898 | -€138,032 | -52.9% |
| Equity | 10/15 | €250,210 | €2,000 | -€248,210 | -99.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €248,210 | - | -€248,210 | |
| Distributable reserves | 133 | €248,210 | - | -€248,210 | |
| Amounts payable | 17/49 | €10,720 | €120,898 | +€110,179 | +1027.8% |
| Amounts payable within one year | 42/48 | €10,720 | €120,898 | +€110,179 | +1027.8% |
| Trade debts | 44 | €7,325 | €1,165 | -€6,160 | -84.1% |
| Suppliers | 440/4 | €7,325 | €1,165 | -€6,160 | -84.1% |
| Taxes, remuneration and social security | 45 | €3,000 | €3,000 | = | 0.0% |
| Taxes | 450/3 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €395 | €116,734 | +€116,339 | +29479.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €266 | +€266 | |
| Other operating charges | 640/8 | €639 | €1,055 | +€415 | +65.0% |
| Gross operating margin | 9900 | €130,779 | €151,417 | +€20,638 | +15.8% |
| Operating profit (loss) | 9901 | €130,139 | €150,096 | +€19,957 | +15.3% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €81 | €108 | +€28 | +34.3% |
| Recurring financial charges | 65 | €81 | €108 | +€28 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | €130,059 | €149,991 | +€19,932 | +15.3% |
| Income taxes | 67/77 | €28,469 | €33,662 | +€5,193 | +18.2% |
| Profit (loss) for the period | 9904 | €101,589 | €116,329 | +€14,740 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,589 | €116,329 | +€14,740 | +14.5% |
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 11 October 2026 via checked.be.