VAKRIMA: 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.
VAKRIMA
Largest movements
- Tangible fixed assets -€8,025
down €8,025 (-8.9%), from €90,355 to €82,330
of which Land and buildings: -€7,564
- Receivables within one year -€5,498
down €5,498 (-7.2%), from €76,249 to €70,751
of which Other amounts receivable: -€5,179
- Cash +€2,452
up €2,452 (+98.7%), from €2,485 to €4,937
mainly Depreciation (+€8,025) and Receivables within one year (+€5,498)
- Profit (loss) carried forward -€10,955
down €10,955 (-7.8%), from -€140,781 to -€151,736
- Gross operating margin -€7,880
down €7,880 (-70.2%), from €11,230 to €3,350
- Other operating charges +€3,293
up €3,293 (+122.2%), from €2,694 to €5,987
- Financial charges +€154
up €154 (+110.1%), from €139 to €293
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 | €182,435 | €171,378 | -€11,057 | -6.1% |
| Fixed assets | 21/28 | €90,355 | €82,330 | -€8,025 | -8.9% |
| Tangible fixed assets | 22/27 | €90,355 | €82,330 | -€8,025 | -8.9% |
| Land and buildings | 22 | €89,460 | €81,896 | -€7,564 | -8.5% |
| Plant, machinery and equipment | 23 | €895 | €434 | -€461 | -51.5% |
| Current assets | 29/58 | €92,080 | €89,049 | -€3,032 | -3.3% |
| Amounts receivable within one year | 40/41 | €76,249 | €70,751 | -€5,498 | -7.2% |
| Trade receivables | 40 | €946 | €628 | -€318 | -33.6% |
| Other amounts receivable | 41 | €75,303 | €70,123 | -€5,179 | -6.9% |
| Current investments | 50/53 | €13,271 | €13,271 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,485 | €4,937 | +€2,452 | +98.7% |
| Deferred charges and accrued income | 490/1 | €75 | €89 | +€14 | +18.2% |
| Total equity and liabilities | 10/49 | €182,435 | €171,378 | -€11,057 | -6.1% |
| Equity | 10/15 | €70,685 | €59,730 | -€10,955 | -15.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €61,466 | €61,466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €46,466 | €46,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,781 | -€151,736 | -€10,955 | -7.8% |
| Amounts payable | 17/49 | €111,750 | €111,648 | -€102 | -0.1% |
| Amounts payable within one year | 42/48 | €111,605 | €111,648 | +€43 | 0.0% |
| Trade debts | 44 | €188 | €251 | +€63 | +33.4% |
| Suppliers | 440/4 | €188 | €251 | +€63 | +33.4% |
| Other amounts payable | 47/48 | €111,417 | €111,397 | -€20 | 0.0% |
| Accrued charges and deferred income | 492/3 | €145 | €0 | -€145 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,075 | €8,025 | -€50 | -0.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €2,694 | €5,987 | +€3,293 | +122.2% |
| Gross operating margin | 9900 | €11,230 | €3,350 | -€7,880 | -70.2% |
| Operating profit (loss) | 9901 | €461 | -€10,662 | -€11,123 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €139 | €293 | +€154 | +110.1% |
| Recurring financial charges | 65 | €139 | €293 | +€154 | +110.1% |
| Profit (loss) for the period before taxes | 9903 | €321 | -€10,955 | -€11,276 | |
| Profit (loss) for the period | 9904 | €321 | -€10,955 | -€11,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €321 | -€10,955 | -€11,276 |
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.