VANIMA: 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.
VANIMA
Largest movements
- Tangible fixed assets +€33,965
up €33,965 (+76.0%), from €44,689 to €78,654
of which Leasing and similar rights: +€43,889
- Receivables within one year +€4,070
up €4,070 (+24.5%), from €16,588 to €20,658
of which Trade receivables: +€4,690
- Deferred charges and accrued income +€3,660
up €3,660 (+302.6%), from €1,210 to €4,870
- Debts after one year +€70,207
new in 2025: €70,207
- Other debts -€53,927
down €53,927 (-93.5%), from €57,698 to €3,771
- Current portion of long-term debt +€12,886
new in 2025: €12,886
- Reserves +€11,501
up €11,501 (+100.0%), from €11,499 to €23,000
- Depreciation +€13,086
up €13,086 (+227.6%), from €5,749 to €18,835
- Financial charges +€1,716
up €1,716 (+998.0%), from €172 to €1,888
- Gross operating margin -€1,283
down €1,283 (-3.6%), from €35,383 to €34,100
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 | €97,066 | €139,120 | +€42,054 | +43.3% |
| Fixed assets | 21/28 | €44,689 | €78,654 | +€33,965 | +76.0% |
| Tangible fixed assets | 22/27 | €44,689 | €78,654 | +€33,965 | +76.0% |
| Plant, machinery and equipment | 23 | €11,661 | €9,041 | -€2,620 | -22.5% |
| Furniture and vehicles | 24 | €33,027 | €25,724 | -€7,304 | -22.1% |
| Leasing and similar rights | 25 | - | €43,889 | +€43,889 | |
| Current assets | 29/58 | €52,377 | €60,466 | +€8,089 | +15.4% |
| Amounts receivable within one year | 40/41 | €16,588 | €20,658 | +€4,070 | +24.5% |
| Trade receivables | 40 | €12,623 | €17,313 | +€4,690 | +37.2% |
| Other amounts receivable | 41 | €3,966 | €3,345 | -€620 | -15.6% |
| Cash at bank and in hand | 54/58 | €34,580 | €34,939 | +€359 | +1.0% |
| Deferred charges and accrued income | 490/1 | €1,210 | €4,870 | +€3,660 | +302.6% |
| Total equity and liabilities | 10/49 | €97,066 | €139,120 | +€42,054 | +43.3% |
| Equity | 10/15 | €30,099 | €41,665 | +€11,565 | +38.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,499 | €23,000 | +€11,501 | +100.0% |
| Distributable reserves | 133 | €11,499 | €23,000 | +€11,501 | +100.0% |
| Profit (loss) carried forward | 14 | - | €65 | +€65 | |
| Amounts payable | 17/49 | €66,967 | €97,456 | +€30,489 | +45.5% |
| Amounts payable after more than one year | 17 | - | €70,207 | +€70,207 | |
| Financial debts | 170/4 | - | €70,207 | +€70,207 | |
| Amounts payable within one year | 42/48 | €66,967 | €27,248 | -€39,718 | -59.3% |
| Current portion of amounts payable after more than one year | 42 | - | €12,886 | +€12,886 | |
| Trade debts | 44 | €6,076 | €7,217 | +€1,141 | +18.8% |
| Suppliers | 440/4 | €6,076 | €7,217 | +€1,141 | +18.8% |
| Taxes, remuneration and social security | 45 | €3,192 | €3,374 | +€182 | +5.7% |
| Taxes | 450/3 | €3,192 | €3,374 | +€182 | +5.7% |
| Other amounts payable | 47/48 | €57,698 | €3,771 | -€53,927 | -93.5% |
| Non-recurring operating income | 76A | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,749 | €18,835 | +€13,086 | +227.6% |
| Other operating charges | 640/8 | €1,831 | €1,700 | -€131 | -7.2% |
| Non-recurring operating charges | 66A | €34,177 | - | -€34,177 | |
| Gross operating margin | 9900 | €35,383 | €34,100 | -€1,283 | -3.6% |
| Operating profit (loss) | 9901 | -€6,374 | €13,565 | +€19,939 | |
| Financial income | 75/76B | €1 | €19 | +€18 | +2622.9% |
| Recurring financial income | 75 | €1 | €19 | +€18 | +2622.9% |
| Financial charges | 65/66B | €172 | €1,888 | +€1,716 | +998.0% |
| Recurring financial charges | 65 | €172 | €1,888 | +€1,716 | +998.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,545 | €11,696 | +€18,241 | |
| Income taxes | 67/77 | €137 | €131 | -€6 | -4.2% |
| Profit (loss) for the period | 9904 | -€6,682 | €11,565 | +€18,247 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,682 | €11,565 | +€18,247 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.