Vacame: 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.
Vacame
Largest movements
- Current investments -€73,000
down €73,000 (-91.3%), from €80,000 to €7,000
- Cash +€62,919
up €62,919 (+45.6%), from €138,071 to €200,990
mainly Net result for the year (+€361,820) and Other debts (+€238,291)
- Tangible fixed assets +€58,824
up €58,824 (+439%), from €13,408 to €72,232
of which Furniture and vehicles: +€48,475
- Deferred charges and accrued income -€12,323
down €12,323 (-6.9%), from €177,618 to €165,295
- Profit (loss) carried forward -€253,539
no longer reported in 2025 (was €253,539)
- Other debts +€238,291
up €238,291 (+193%), from €123,529 to €361,820
- Debts after one year +€47,125
new in 2025: €47,125
- Gross operating margin -€20,551
down €20,551 (-4.0%), from €507,852 to €487,301
- Taxes -€5,252
down €5,252 (-4.4%), from €120,701 to €115,448
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 | €409,352 | €449,202 | +€39,850 | +9.7% |
| Fixed assets | 21/28 | €13,408 | €72,232 | +€58,824 | +439% |
| Tangible fixed assets | 22/27 | €13,408 | €72,232 | +€58,824 | +439% |
| Furniture and vehicles | 24 | €13,408 | €61,883 | +€48,475 | +362% |
| Other tangible fixed assets | 26 | - | €10,349 | +€10,349 | |
| Current assets | 29/58 | €395,944 | €376,970 | -€18,974 | -4.8% |
| Amounts receivable within one year | 40/41 | €254 | €3,685 | +€3,430 | +1,348% |
| Other amounts receivable | 41 | €254 | €3,685 | +€3,430 | +1,348% |
| Current investments | 50/53 | €80,000 | €7,000 | -€73,000 | -91.3% |
| Cash at bank and in hand | 54/58 | €138,071 | €200,990 | +€62,919 | +45.6% |
| Deferred charges and accrued income | 490/1 | €177,618 | €165,295 | -€12,323 | -6.9% |
| Total equity and liabilities | 10/49 | €409,352 | €449,202 | +€39,850 | +9.7% |
| Equity | 10/15 | €258,539 | €5,000 | -€253,539 | -98.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €253,539 | - | -€253,539 | |
| Amounts payable | 17/49 | €150,813 | €444,202 | +€293,389 | +195% |
| Amounts payable after more than one year | 17 | - | €47,125 | +€47,125 | |
| Financial debts | 170/4 | - | €47,125 | +€47,125 | |
| Amounts payable within one year | 42/48 | €149,469 | €396,501 | +€247,032 | +165% |
| Current portion of amounts payable after more than one year | 42 | €8,464 | €12,667 | +€4,203 | +49.7% |
| Trade debts | 44 | €1,519 | €2,284 | +€764 | +50.3% |
| Suppliers | 440/4 | €1,519 | €2,284 | +€764 | +50.3% |
| Taxes, remuneration and social security | 45 | €15,957 | €19,730 | +€3,773 | +23.6% |
| Taxes | 450/3 | €14,225 | €19,730 | +€5,505 | +38.7% |
| Remuneration and social security | 454/9 | €1,732 | - | -€1,732 | |
| Other amounts payable | 47/48 | €123,529 | €361,820 | +€238,291 | +193% |
| Accrued charges and deferred income | 492/3 | €1,344 | €576 | -€768 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,875 | €9,092 | -€4,783 | -34.5% |
| Other operating charges | 640/8 | €558 | €120 | -€438 | -78.5% |
| Gross operating margin | 9900 | €507,852 | €487,301 | -€20,551 | -4.0% |
| Operating profit (loss) | 9901 | €493,419 | €478,089 | -€15,330 | -3.1% |
| Financial income | 75/76B | €4,565 | €165 | -€4,400 | -96.4% |
| Recurring financial income | 75 | €4,565 | €165 | -€4,400 | -96.4% |
| Financial charges | 65/66B | €215 | €986 | +€771 | +358% |
| Recurring financial charges | 65 | €215 | €986 | +€771 | +358% |
| Profit (loss) for the period before taxes | 9903 | €497,769 | €477,269 | -€20,500 | -4.1% |
| Income taxes | 67/77 | €120,701 | €115,448 | -€5,252 | -4.4% |
| Profit (loss) for the period | 9904 | €377,068 | €361,820 | -€15,248 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €377,068 | €361,820 | -€15,248 | -4.0% |
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 13 October 2026 via checked.be.