Vamotec: 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.
Vamotec
Largest movements
- Receivables within one year -€38,792
down €38,792 (-49.6%), from €78,169 to €39,377
of which Other amounts receivable: -€21,855
- Debts after one year -€17,517
down €17,517 (-40.7%), from €42,997 to €25,480
- Trade debts -€10,710
down €10,710 (-44.9%), from €23,828 to €13,119
- Short-term financial debts -€9,405
down €9,405 (-49.8%), from €18,877 to €9,471
- Other debts +€7,448
up €7,448 (+335.8%), from €2,218 to €9,666
- Reserves -€5,077
down €5,077 (-4.1%), from €124,340 to €119,263
- Gross operating margin -€16,241
down €16,241 (-62.6%), from €25,941 to €9,700
- Taxes -€5,016
down €5,016 (-76.4%), from €6,567 to €1,551
- Depreciation -€1,496
down €1,496 (-22.5%), from €6,642 to €5,146
- Financial charges +€1,475
up €1,475 (+25.8%), from €5,720 to €7,194
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 | €296,069 | €258,708 | -€37,361 | -12.6% |
| Fixed assets | 21/28 | €209,909 | €209,828 | -€81 | 0.0% |
| Tangible fixed assets | 22/27 | €29,909 | €29,828 | -€81 | -0.3% |
| Land and buildings | 22 | €29,572 | €29,828 | +€256 | +0.9% |
| Furniture and vehicles | 24 | €337 | - | -€337 | |
| Financial fixed assets | 28 | €180,000 | €180,000 | = | 0.0% |
| Current assets | 29/58 | €86,160 | €48,879 | -€37,281 | -43.3% |
| Amounts receivable within one year | 40/41 | €78,169 | €39,377 | -€38,792 | -49.6% |
| Trade receivables | 40 | €36,791 | €19,854 | -€16,937 | -46.0% |
| Other amounts receivable | 41 | €41,378 | €19,523 | -€21,855 | -52.8% |
| Cash at bank and in hand | 54/58 | €2,214 | €3,482 | +€1,268 | +57.3% |
| Deferred charges and accrued income | 490/1 | €5,777 | €6,021 | +€243 | +4.2% |
| Total equity and liabilities | 10/49 | €296,069 | €258,708 | -€37,361 | -12.6% |
| Equity | 10/15 | €174,340 | €169,263 | -€5,077 | -2.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €124,340 | €119,263 | -€5,077 | -4.1% |
| Distributable reserves | 133 | €124,340 | €119,263 | -€5,077 | -4.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €121,729 | €89,445 | -€32,284 | -26.5% |
| Amounts payable after more than one year | 17 | €42,997 | €25,480 | -€17,517 | -40.7% |
| Financial debts | 170/4 | €42,997 | €25,480 | -€17,517 | -40.7% |
| Amounts payable within one year | 42/48 | €75,354 | €60,703 | -€14,651 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €21,148 | €20,329 | -€819 | -3.9% |
| Financial debts | 43 | €18,877 | €9,471 | -€9,405 | -49.8% |
| Credit institutions | 430/8 | €18,877 | €9,471 | -€9,405 | -49.8% |
| Trade debts | 44 | €23,828 | €13,119 | -€10,710 | -44.9% |
| Suppliers | 440/4 | €23,828 | €13,119 | -€10,710 | -44.9% |
| Taxes, remuneration and social security | 45 | €9,283 | €8,118 | -€1,165 | -12.5% |
| Taxes | 450/3 | €9,283 | €8,118 | -€1,165 | -12.5% |
| Other amounts payable | 47/48 | €2,218 | €9,666 | +€7,448 | +335.8% |
| Accrued charges and deferred income | 492/3 | €3,379 | €3,261 | -€117 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,642 | €5,146 | -€1,496 | -22.5% |
| Other operating charges | 640/8 | €2,531 | €2,600 | +€69 | +2.7% |
| Gross operating margin | 9900 | €25,941 | €9,700 | -€16,241 | -62.6% |
| Operating profit (loss) | 9901 | €16,768 | €1,954 | -€14,813 | -88.3% |
| Financial income | 75/76B | €3,254 | €3,379 | +€125 | +3.8% |
| Recurring financial income | 75 | €3,254 | €3,379 | +€125 | +3.8% |
| Financial charges | 65/66B | €5,720 | €7,194 | +€1,475 | +25.8% |
| Recurring financial charges | 65 | €5,720 | €7,194 | +€1,475 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €14,302 | -€1,860 | -€16,162 | |
| Income taxes | 67/77 | €6,567 | €1,551 | -€5,016 | -76.4% |
| Profit (loss) for the period | 9904 | €7,735 | -€3,411 | -€11,146 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,735 | -€3,411 | -€11,146 |
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 2 October 2026 via checked.be.