VAMIEX: 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.
VAMIEX
Largest movements
- Cash +€11,789
up €11,789 (+35.5%), from €33,169 to €44,958
mainly Net result for the year (+€63,226) and Receivables within one year (+€2,649)
- Financial fixed assets +€5,000
up €5,000 (+416%), from €1,202 to €6,202
- Receivables within one year -€2,649
down €2,649 (-11.7%), from €22,672 to €20,023
of which Other amounts receivable: -€3,744
- Profit (loss) carried forward +€63,226
up €63,226 (+12.6%), from -€502,175 to -€438,948
- Current portion of long-term debt -€47,857
no longer reported in 2024 (was €47,857)
- Other debts -€2,347
down €2,347 (-0.5%), from €447,160 to €444,813
- Trade debts +€937
up €937 (+80.1%), from €1,170 to €2,107
- Gross operating margin +€57,834
up €57,834 (+919%), from €6,294 to €64,127
- Turnover +€54,937
up €54,937 (+79.5%), from €69,068 to €124,006
- Purchases and services -€2,896
down €2,896 (-4.6%), from €62,774 to €59,878
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,224 | €71,183 | +€13,959 | +24.4% |
| Fixed assets | 21/28 | €1,202 | €6,202 | +€5,000 | +416% |
| Financial fixed assets | 28 | €1,202 | €6,202 | +€5,000 | +416% |
| Current assets | 29/58 | €56,022 | €64,982 | +€8,959 | +16.0% |
| Stocks and contracts in progress | 3 | €181 | - | -€181 | |
| Stocks | 30/36 | €181 | - | -€181 | |
| Amounts receivable within one year | 40/41 | €22,672 | €20,023 | -€2,649 | -11.7% |
| Trade receivables | 40 | €3,841 | €4,937 | +€1,096 | +28.5% |
| Other amounts receivable | 41 | €18,831 | €15,087 | -€3,744 | -19.9% |
| Cash at bank and in hand | 54/58 | €33,169 | €44,958 | +€11,789 | +35.5% |
| Total equity and liabilities | 10/49 | €57,224 | €71,183 | +€13,959 | +24.4% |
| Equity | 10/15 | -€438,963 | -€375,736 | +€63,226 | +14.4% |
| Contributions | 10/11 | €63,212 | €63,212 | = | 0.0% |
| Capital | 10 | €63,212 | €63,212 | = | 0.0% |
| Issued capital | 100 | €63,212 | €63,212 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€502,175 | -€438,948 | +€63,226 | +12.6% |
| Amounts payable | 17/49 | €496,187 | €446,920 | -€49,267 | -9.9% |
| Amounts payable within one year | 42/48 | €496,187 | €446,920 | -€49,267 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €47,857 | - | -€47,857 | |
| Trade debts | 44 | €1,170 | €2,107 | +€937 | +80.1% |
| Suppliers | 440/4 | €1,170 | €2,107 | +€937 | +80.1% |
| Other amounts payable | 47/48 | €447,160 | €444,813 | -€2,347 | -0.5% |
| Turnover | 70 | €69,068 | €124,006 | +€54,937 | +79.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €62,774 | €59,878 | -€2,896 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,141 | - | -€1,141 | |
| Other operating charges | 640/8 | €1,183 | €234 | -€950 | -80.3% |
| Gross operating margin | 9900 | €6,294 | €64,127 | +€57,834 | +919% |
| Operating profit (loss) | 9901 | €3,969 | €63,894 | +€59,925 | +1,510% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,727 | €668 | -€1,059 | -61.3% |
| Recurring financial charges | 65 | €1,727 | €668 | -€1,059 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | €2,242 | €63,226 | +€60,985 | +2,720% |
| Profit (loss) for the period | 9904 | €2,242 | €63,226 | +€60,985 | +2,720% |
| Profit (loss) for the period to be appropriated | 9905 | €2,242 | €63,226 | +€60,985 | +2,720% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.