VAMAROX: 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.
VAMAROX
Largest movements
- Receivables within one year -€4,996
down €4,996 (-3.1%), from €159,801 to €154,805
- Debts after one year -€9,532
down €9,532 (-19.2%), from €49,644 to €40,112
- Other debts +€4,041
new in 2025: €4,041
- Financial charges -€2,166
down €2,166 (-45.7%), from €4,736 to €2,570
- Financial income -€1,026
down €1,026 (-18.6%), from €5,526 to €4,500
- Gross operating margin +€980
up €980 (+61.7%), from -€1,589 to -€609
- Other operating charges +€415
up €415 (+79.0%), from €525 to €940
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 | €159,852 | €155,012 | -€4,840 | -3.0% |
| Current assets | 29/58 | €159,852 | €155,012 | -€4,840 | -3.0% |
| Amounts receivable within one year | 40/41 | €159,801 | €154,805 | -€4,996 | -3.1% |
| Other amounts receivable | 41 | €159,801 | €154,805 | -€4,996 | -3.1% |
| Cash at bank and in hand | 54/58 | €51 | €206 | +€156 | +308.6% |
| Total equity and liabilities | 10/49 | €159,852 | €155,012 | -€4,840 | -3.0% |
| Equity | 10/15 | €100,546 | €100,927 | +€381 | +0.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €76,000 | €76,000 | = | 0.0% |
| Distributable reserves | 133 | €76,000 | €76,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€454 | -€73 | +€381 | +83.8% |
| Amounts payable | 17/49 | €59,306 | €54,085 | -€5,221 | -8.8% |
| Amounts payable after more than one year | 17 | €49,644 | €40,112 | -€9,532 | -19.2% |
| Financial debts | 170/4 | €49,644 | €40,112 | -€9,532 | -19.2% |
| Amounts payable within one year | 42/48 | €9,662 | €13,973 | +€4,311 | +44.6% |
| Current portion of amounts payable after more than one year | 42 | €9,427 | €9,532 | +€105 | +1.1% |
| Trade debts | 44 | €235 | €400 | +€165 | +70.3% |
| Suppliers | 440/4 | €235 | €400 | +€165 | +70.3% |
| Other amounts payable | 47/48 | - | €4,041 | +€4,041 | |
| Other operating charges | 640/8 | €525 | €940 | +€415 | +79.0% |
| Gross operating margin | 9900 | -€1,589 | -€609 | +€980 | +61.7% |
| Operating profit (loss) | 9901 | -€2,114 | -€1,549 | +€565 | +26.7% |
| Financial income | 75/76B | €5,526 | €4,500 | -€1,026 | -18.6% |
| Recurring financial income | 75 | €5,526 | €4,500 | -€1,026 | -18.6% |
| Financial charges | 65/66B | €4,736 | €2,570 | -€2,166 | -45.7% |
| Recurring financial charges | 65 | €4,736 | €2,570 | -€2,166 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,324 | €381 | +€1,705 | |
| Profit (loss) for the period | 9904 | -€1,324 | €381 | +€1,705 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,324 | €381 | +€1,705 |
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 7 October 2026 via checked.be.