VAMOFI: 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.
VAMOFI
Largest movements
- Cash -€49,831
down €49,831 (-5.5%), from €899,270 to €849,438
mainly Other debts (-€44,025) and Net result for the year (-€5,101)
- Other debts -€44,025
down €44,025 (-98.4%), from €44,727 to €703
- Gross operating margin +€1,737
up €1,737 (+30.4%), from -€5,713 to -€3,976
- Financial charges -€176
down €176 (-58.3%), from €301 to €125
- Other operating charges +€79
up €79 (+8.6%), from €921 to €1,000
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 | €905,422 | €855,038 | -€50,384 | -5.6% |
| Current assets | 29/58 | €905,422 | €855,038 | -€50,384 | -5.6% |
| Amounts receivable within one year | 40/41 | €6,153 | €5,600 | -€553 | -9.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,153 | €5,600 | -€553 | -9.0% |
| Cash at bank and in hand | 54/58 | €899,270 | €849,438 | -€49,831 | -5.5% |
| Total equity and liabilities | 10/49 | €905,422 | €855,038 | -€50,384 | -5.6% |
| Equity | 10/15 | €658,061 | €652,960 | -€5,101 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €639,461 | €634,360 | -€5,101 | -0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €637,601 | €632,500 | -€5,101 | -0.8% |
| Amounts payable | 17/49 | €247,361 | €202,078 | -€45,283 | -18.3% |
| Amounts payable within one year | 42/48 | €247,361 | €202,078 | -€45,283 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €2,634 | €1,376 | -€1,258 | -47.8% |
| Suppliers | 440/4 | €2,634 | €1,376 | -€1,258 | -47.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €44,727 | €703 | -€44,025 | -98.4% |
| Other operating charges | 640/8 | €921 | €1,000 | +€79 | +8.6% |
| Gross operating margin | 9900 | -€5,713 | -€3,976 | +€1,737 | +30.4% |
| Operating profit (loss) | 9901 | -€6,634 | -€4,976 | +€1,658 | +25.0% |
| Financial charges | 65/66B | €301 | €125 | -€176 | -58.3% |
| Recurring financial charges | 65 | €301 | €125 | -€176 | -58.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,935 | -€5,101 | +€1,834 | +26.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€6,935 | -€5,101 | +€1,834 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,935 | -€5,101 | +€1,834 | +26.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.