VAMOTI: 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.
VAMOTI
Largest movements
- Cash -€120,676
down €120,676 (-45.4%), from €265,727 to €145,051
mainly Other debts (-€168,320) and Contributions, distributions and other (-€127,068)
- Current investments -€90,500
down €90,500 (-100.0%), from €90,500 to €0
- Tangible fixed assets +€84,317
up €84,317 (+458.4%), from €18,394 to €102,711
of which Furniture and vehicles: +€55,827
- Receivables within one year -€18,574
down €18,574 (-47.1%), from €39,462 to €20,888
of which Trade receivables: -€16,013
- Other debts -€168,320
down €168,320 (-54.3%), from €310,217 to €141,898
- Debts after one year +€46,564
new in 2025: €46,564
- Tax, wage and social debts -€44,223
down €44,223 (-75.9%), from €58,267 to €14,044
of which Taxes: -€41,423
- Current portion of long-term debt +€19,469
new in 2025: €19,469
- Gross operating margin -€105,921
down €105,921 (-39.2%), from €270,277 to €164,356
- Taxes -€22,221
down €22,221 (-38.0%), from €58,517 to €36,297
- Depreciation -€20,787
down €20,787 (-93.7%), from €22,176 to €1,388
- Financial income -€3,756
down €3,756 (-72.1%), from €5,207 to €1,451
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 | €414,979 | €271,328 | -€143,651 | -34.6% |
| Fixed assets | 21/28 | €18,394 | €102,711 | +€84,317 | +458.4% |
| Tangible fixed assets | 22/27 | €18,394 | €102,711 | +€84,317 | +458.4% |
| Land and buildings | 22 | - | €26,239 | +€26,239 | |
| Plant, machinery and equipment | 23 | - | €2,400 | +€2,400 | |
| Furniture and vehicles | 24 | €17,100 | €72,926 | +€55,827 | +326.5% |
| Other tangible fixed assets | 26 | €1,295 | €1,146 | -€149 | -11.5% |
| Current assets | 29/58 | €396,584 | €168,617 | -€227,968 | -57.5% |
| Amounts receivable within one year | 40/41 | €39,462 | €20,888 | -€18,574 | -47.1% |
| Trade receivables | 40 | €35,492 | €19,479 | -€16,013 | -45.1% |
| Other amounts receivable | 41 | €3,970 | €1,408 | -€2,561 | -64.5% |
| Current investments | 50/53 | €90,500 | €0 | -€90,500 | -100.0% |
| Cash at bank and in hand | 54/58 | €265,727 | €145,051 | -€120,676 | -45.4% |
| Deferred charges and accrued income | 490/1 | €895 | €2,678 | +€1,783 | +199.2% |
| Total equity and liabilities | 10/49 | €414,979 | €271,328 | -€143,651 | -34.6% |
| Equity | 10/15 | €46,136 | €46,110 | -€26 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,510 | €27,510 | = | 0.0% |
| Distributable reserves | 133 | €27,510 | €27,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26 | €0 | -€26 | -100.0% |
| Amounts payable | 17/49 | €368,843 | €225,218 | -€143,625 | -38.9% |
| Amounts payable after more than one year | 17 | - | €46,564 | +€46,564 | |
| Financial debts | 170/4 | - | €46,564 | +€46,564 | |
| Amounts payable within one year | 42/48 | €368,843 | €178,654 | -€190,189 | -51.6% |
| Current portion of amounts payable after more than one year | 42 | - | €19,469 | +€19,469 | |
| Trade debts | 44 | €359 | €3,243 | +€2,884 | +803.4% |
| Suppliers | 440/4 | €359 | €3,243 | +€2,884 | +803.4% |
| Taxes, remuneration and social security | 45 | €58,267 | €14,044 | -€44,223 | -75.9% |
| Taxes | 450/3 | €55,467 | €14,044 | -€41,423 | -74.7% |
| Remuneration and social security | 454/9 | €2,800 | €0 | -€2,800 | -100.0% |
| Other amounts payable | 47/48 | €310,217 | €141,898 | -€168,320 | -54.3% |
| Non-recurring operating income | 76A | - | €3,551 | +€3,551 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,176 | €1,388 | -€20,787 | -93.7% |
| Other operating charges | 640/8 | €858 | €1,040 | +€181 | +21.1% |
| Gross operating margin | 9900 | €270,277 | €164,356 | -€105,921 | -39.2% |
| Operating profit (loss) | 9901 | €247,243 | €161,928 | -€85,315 | -34.5% |
| Financial income | 75/76B | €5,207 | €1,451 | -€3,756 | -72.1% |
| Recurring financial income | 75 | €5,207 | €1,451 | -€3,756 | -72.1% |
| Financial charges | 65/66B | €40 | €41 | +€2 | +3.8% |
| Recurring financial charges | 65 | €40 | €41 | +€2 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €252,411 | €163,339 | -€89,072 | -35.3% |
| Income taxes | 67/77 | €58,517 | €36,297 | -€22,221 | -38.0% |
| Profit (loss) for the period | 9904 | €193,893 | €127,042 | -€66,851 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €193,893 | €127,042 | -€66,851 | -34.5% |
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 12 October 2026 via checked.be.