VaMos: 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.
VaMos
Largest movements
- Cash +€48,142
up €48,142 (+86.8%), from €55,492 to €103,634
mainly Net result for the year (+€52,017) and Receivables after one year (+€29,679)
- Receivables after one year -€29,679
down €29,679 (-39.1%), from €75,885 to €46,206
- Tangible fixed assets -€6,594
down €6,594 (-48.6%), from €13,568 to €6,974
of which Furniture and vehicles: -€6,387
- Receivables within one year +€2,800
up €2,800 (+24.4%), from €11,498 to €14,298
of which Trade receivables: +€1,682
- Other debts +€14,876
up €14,876 (+35.4%), from €42,004 to €56,880
- Gross operating margin +€16,798
up €16,798 (+29.9%), from €56,269 to €73,067
- Taxes +€3,382
up €3,382 (+29.8%), from €11,356 to €14,738
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 | €159,242 | €173,964 | +€14,722 | +9.2% |
| Fixed assets | 21/28 | €13,568 | €6,974 | -€6,594 | -48.6% |
| Tangible fixed assets | 22/27 | €13,568 | €6,974 | -€6,594 | -48.6% |
| Furniture and vehicles | 24 | €12,616 | €6,229 | -€6,387 | -50.6% |
| Other tangible fixed assets | 26 | €952 | €745 | -€207 | -21.7% |
| Current assets | 29/58 | €145,674 | €166,990 | +€21,316 | +14.6% |
| Amounts receivable after more than one year | 29 | €75,885 | €46,206 | -€29,679 | -39.1% |
| Other amounts receivable | 291 | €75,885 | €46,206 | -€29,679 | -39.1% |
| Amounts receivable within one year | 40/41 | €11,498 | €14,298 | +€2,800 | +24.4% |
| Trade receivables | 40 | €10,854 | €12,536 | +€1,682 | +15.5% |
| Other amounts receivable | 41 | €644 | €1,762 | +€1,118 | +173.5% |
| Cash at bank and in hand | 54/58 | €55,492 | €103,634 | +€48,142 | +86.8% |
| Deferred charges and accrued income | 490/1 | €2,799 | €2,852 | +€53 | +1.9% |
| Total equity and liabilities | 10/49 | €159,242 | €173,964 | +€14,722 | +9.2% |
| Equity | 10/15 | €104,683 | €104,683 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €99,683 | €99,683 | = | 0.0% |
| Distributable reserves | 133 | €99,683 | €99,683 | = | 0.0% |
| Amounts payable | 17/49 | €54,559 | €69,281 | +€14,722 | +27.0% |
| Amounts payable within one year | 42/48 | €54,559 | €69,281 | +€14,722 | +27.0% |
| Taxes, remuneration and social security | 45 | €12,555 | €12,401 | -€154 | -1.2% |
| Taxes | 450/3 | €12,555 | €12,401 | -€154 | -1.2% |
| Other amounts payable | 47/48 | €42,004 | €56,880 | +€14,876 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,470 | €6,594 | +€124 | +1.9% |
| Other operating charges | 640/8 | €893 | €915 | +€22 | +2.5% |
| Gross operating margin | 9900 | €56,269 | €73,067 | +€16,798 | +29.9% |
| Operating profit (loss) | 9901 | €48,906 | €65,558 | +€16,652 | +34.0% |
| Financial income | 75/76B | €1,343 | €1,367 | +€24 | +1.8% |
| Recurring financial income | 75 | €1,343 | €1,367 | +€24 | +1.8% |
| Financial charges | 65/66B | €215 | €170 | -€44 | -20.6% |
| Recurring financial charges | 65 | €215 | €170 | -€44 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €50,035 | €66,755 | +€16,720 | +33.4% |
| Income taxes | 67/77 | €11,356 | €14,738 | +€3,382 | +29.8% |
| Profit (loss) for the period | 9904 | €38,679 | €52,017 | +€13,338 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,679 | €52,017 | +€13,338 | +34.5% |
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 4 October 2026 via checked.be.