VAKARME: what changed
Two fiscal 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.
VAKARME
Largest movements
- Receivables within one year +€4,901
up €4,901 (+27.7%), from €17,678 to €22,579
of which Trade receivables: +€3,579
- Deferred charges and accrued income -€4,322
down €4,322 (-27.0%), from €16,007 to €11,685
- Tangible fixed assets -€1,546
down €1,546 (-16.4%), from €9,408 to €7,862
of which Furniture and vehicles: -€774
- Cash +€928
up €928 (+10.0%), from €9,317 to €10,245
mainly Deferred charges and accrued income (+€4,322) and Net result for the year (+€2,904)
- Debts after one year -€4,948
down €4,948 (-8.4%), from €58,915 to €53,967
- Profit (loss) carried forward +€2,904
up €2,904 (+10.6%), from -€27,370 to -€24,466
- Trade debts +€2,298
up €2,298 (+46.6%), from €4,927 to €7,225
- Gross operating margin -€6,131
down €6,131 (-40.6%), from €15,114 to €8,983
- Taxes -€1,089
down €1,089 (-33.8%), from €3,224 to €2,136
- Depreciation -€312
down €312 (-16.8%), from €1,858 to €1,546
- Financial income -€185
down €185 (-85.1%), from €218 to €32
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 | €52,410 | €52,370 | -€39 | -0.1% |
| Fixed assets | 21/28 | €9,408 | €7,862 | -€1,546 | -16.4% |
| Tangible fixed assets | 22/27 | €9,408 | €7,862 | -€1,546 | -16.4% |
| Plant, machinery and equipment | 23 | €8,093 | €7,321 | -€772 | -9.5% |
| Furniture and vehicles | 24 | €1,315 | €541 | -€774 | -58.9% |
| Current assets | 29/58 | €43,002 | €44,508 | +€1,507 | +3.5% |
| Amounts receivable within one year | 40/41 | €17,678 | €22,579 | +€4,901 | +27.7% |
| Trade receivables | 40 | €17,678 | €21,257 | +€3,579 | +20.2% |
| Other amounts receivable | 41 | - | €1,322 | +€1,322 | |
| Cash at bank and in hand | 54/58 | €9,317 | €10,245 | +€928 | +10.0% |
| Deferred charges and accrued income | 490/1 | €16,007 | €11,685 | -€4,322 | -27.0% |
| Total equity and liabilities | 10/49 | €52,410 | €52,370 | -€39 | -0.1% |
| Equity | 10/15 | -€19,945 | -€17,041 | +€2,904 | +14.6% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €1,025 | €1,025 | = | 0.0% |
| Distributable reserves | 133 | €1,025 | €1,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,370 | -€24,466 | +€2,904 | +10.6% |
| Amounts payable | 17/49 | €72,355 | €69,411 | -€2,944 | -4.1% |
| Amounts payable after more than one year | 17 | €58,915 | €53,967 | -€4,948 | -8.4% |
| Other amounts payable | 178/9 | €58,915 | €53,967 | -€4,948 | -8.4% |
| Amounts payable within one year | 42/48 | €13,440 | €15,445 | +€2,005 | +14.9% |
| Trade debts | 44 | €4,927 | €7,225 | +€2,298 | +46.6% |
| Suppliers | 440/4 | €4,927 | €7,225 | +€2,298 | +46.6% |
| Taxes, remuneration and social security | 45 | €8,513 | €8,220 | -€294 | -3.4% |
| Taxes | 450/3 | €8,513 | €8,220 | -€294 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,858 | €1,546 | -€312 | -16.8% |
| Other operating charges | 640/8 | €1,177 | €1,232 | +€55 | +4.7% |
| Gross operating margin | 9900 | €15,114 | €8,983 | -€6,131 | -40.6% |
| Operating profit (loss) | 9901 | €12,079 | €6,206 | -€5,874 | -48.6% |
| Financial income | 75/76B | €218 | €32 | -€185 | -85.1% |
| Recurring financial income | 75 | €218 | €32 | -€185 | -85.1% |
| Financial charges | 65/66B | €1,206 | €1,198 | -€8 | -0.7% |
| Recurring financial charges | 65 | €1,206 | €1,198 | -€8 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €11,091 | €5,040 | -€6,051 | -54.6% |
| Income taxes | 67/77 | €3,224 | €2,136 | -€1,089 | -33.8% |
| Profit (loss) for the period | 9904 | €7,867 | €2,904 | -€4,962 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,867 | €2,904 | -€4,962 | -63.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.