VAMOS: 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.
VAMOS
Largest movements
- Cash +€9,921
up €9,921 (+88.8%), from €11,171 to €21,093
mainly Net result for the year (+€8,603) and Depreciation (+€6,570)
- Tangible fixed assets -€2,540
down €2,540 (-19.7%), from €12,891 to €10,352
of which Furniture and vehicles: -€6,000
- Receivables within one year -€1,455
down €1,455 (-21.7%), from €6,705 to €5,250
- Other debts -€9,514
down €9,514 (-44.3%), from €21,499 to €11,985
- Reserves +€8,603
up €8,603 (+199.8%), from €4,305 to €12,908
- Advances received +€6,528
new in 2025: €6,528
- Trade debts +€704
up €704 (+189.2%), from €372 to €1,077
- Tax, wage and social debts -€395
down €395 (-8.1%), from €4,892 to €4,497
- Gross operating margin +€5,654
up €5,654 (+42.7%), from €13,251 to €18,905
- Taxes +€1,001
up €1,001 (+39.1%), from €2,558 to €3,559
- Depreciation +€321
up €321 (+5.1%), from €6,249 to €6,570
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 | €31,168 | €37,094 | +€5,926 | +19.0% |
| Fixed assets | 21/28 | €13,291 | €10,752 | -€2,540 | -19.1% |
| Tangible fixed assets | 22/27 | €12,891 | €10,352 | -€2,540 | -19.7% |
| Plant, machinery and equipment | 23 | €760 | €4,221 | +€3,460 | +455.1% |
| Furniture and vehicles | 24 | €12,131 | €6,131 | -€6,000 | -49.5% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €17,876 | €26,342 | +€8,466 | +47.4% |
| Amounts receivable within one year | 40/41 | €6,705 | €5,250 | -€1,455 | -21.7% |
| Trade receivables | 40 | €6,705 | €5,250 | -€1,455 | -21.7% |
| Cash at bank and in hand | 54/58 | €11,171 | €21,093 | +€9,921 | +88.8% |
| Total equity and liabilities | 10/49 | €31,168 | €37,094 | +€5,926 | +19.0% |
| Equity | 10/15 | €4,405 | €13,008 | +€8,603 | +195.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €4,305 | €12,908 | +€8,603 | +199.8% |
| Distributable reserves | 133 | €4,305 | €12,908 | +€8,603 | +199.8% |
| Amounts payable | 17/49 | €26,763 | €24,086 | -€2,677 | -10.0% |
| Amounts payable within one year | 42/48 | €26,763 | €24,086 | -€2,677 | -10.0% |
| Trade debts | 44 | €372 | €1,077 | +€704 | +189.2% |
| Suppliers | 440/4 | €372 | €1,077 | +€704 | +189.2% |
| Advances received on contracts in progress | 46 | - | €6,528 | +€6,528 | |
| Taxes, remuneration and social security | 45 | €4,892 | €4,497 | -€395 | -8.1% |
| Taxes | 450/3 | €4,892 | €4,497 | -€395 | -8.1% |
| Other amounts payable | 47/48 | €21,499 | €11,985 | -€9,514 | -44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,249 | €6,570 | +€321 | +5.1% |
| Other operating charges | 640/8 | €139 | €139 | = | 0.0% |
| Gross operating margin | 9900 | €13,251 | €18,905 | +€5,654 | +42.7% |
| Operating profit (loss) | 9901 | €6,863 | €12,196 | +€5,333 | +77.7% |
| Financial charges | 65/66B | - | €34 | +€34 | |
| Recurring financial charges | 65 | - | €34 | +€34 | |
| Profit (loss) for the period before taxes | 9903 | €6,863 | €12,163 | +€5,300 | +77.2% |
| Income taxes | 67/77 | €2,558 | €3,559 | +€1,001 | +39.1% |
| Profit (loss) for the period | 9904 | €4,305 | €8,603 | +€4,298 | +99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,305 | €8,603 | +€4,298 | +99.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.