VAMI: 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.
VAMI
Largest movements
- Tangible fixed assets -€14,160
down €14,160 (-4.2%), from €334,775 to €320,615
- Profit (loss) carried forward -€46,528
down €46,528 (-9.5%), from -€491,177 to -€537,705
- Other debts +€39,778
up €39,778 (+6.1%), from €648,538 to €688,317
- Trade debts -€8,240
down €8,240 (-67.3%), from €12,240 to €4,001
- Gross operating margin -€10,485
down €10,485 (-58.0%), from -€18,072 to -€28,558
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €374,113 | €359,124 | -€14,989 | -4.0% |
| Fixed assets | 21/28 | €334,775 | €320,615 | -€14,160 | -4.2% |
| Tangible fixed assets | 22/27 | €334,775 | €320,615 | -€14,160 | -4.2% |
| Land and buildings | 22 | €334,775 | €320,615 | -€14,160 | -4.2% |
| Current assets | 29/58 | €39,338 | €38,509 | -€829 | -2.1% |
| Amounts receivable within one year | 40/41 | €33,764 | €33,764 | = | 0.0% |
| Trade receivables | 40 | €32,269 | €32,269 | = | 0.0% |
| Other amounts receivable | 41 | €1,495 | €1,495 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,574 | €4,745 | -€829 | -14.9% |
| Total equity and liabilities | 10/49 | €374,113 | €359,124 | -€14,989 | -4.0% |
| Equity | 10/15 | -€286,665 | -€333,193 | -€46,528 | -16.2% |
| Contributions | 10/11 | €204,512 | €204,512 | = | 0.0% |
| Capital | 10 | €204,512 | €204,512 | = | 0.0% |
| Issued capital | 100 | €204,512 | €204,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€491,177 | -€537,705 | -€46,528 | -9.5% |
| Amounts payable | 17/49 | €660,778 | €692,317 | +€31,539 | +4.8% |
| Amounts payable within one year | 42/48 | €660,778 | €692,317 | +€31,539 | +4.8% |
| Trade debts | 44 | €12,240 | €4,001 | -€8,240 | -67.3% |
| Suppliers | 440/4 | €12,240 | €4,001 | -€8,240 | -67.3% |
| Other amounts payable | 47/48 | €648,538 | €688,317 | +€39,778 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,160 | €14,160 | = | 0.0% |
| Other operating charges | 640/8 | €3,428 | €3,461 | +€33 | +1.0% |
| Gross operating margin | 9900 | -€18,072 | -€28,558 | -€10,485 | -58.0% |
| Operating profit (loss) | 9901 | -€35,660 | -€46,178 | -€10,518 | -29.5% |
| Financial charges | 65/66B | €139 | €350 | +€210 | +151.3% |
| Recurring financial charges | 65 | €139 | €350 | +€210 | +151.3% |
| Profit (loss) for the period before taxes | 9903 | -€35,799 | -€46,528 | -€10,729 | -30.0% |
| Profit (loss) for the period | 9904 | -€35,799 | -€46,528 | -€10,729 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,799 | -€46,528 | -€10,729 | -30.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.