VANIMCO: 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.
VANIMCO
Largest movements
- Tangible fixed assets -€8,422
down €8,422 (-3.8%), from €224,137 to €215,714
- Profit (loss) carried forward -€13,855
down €13,855 (-18.3%), from €75,588 to €61,733
- Debts after one year +€3,496
up €3,496 (+2.6%), from €132,650 to €136,146
of which Financial debts: +€3,496
- Gross operating margin +€3,521
up €3,521 (+650.1%), from €542 to €4,063
- Depreciation -€667
down €667 (-6.2%), from €10,794 to €10,127
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 | €233,487 | €223,129 | -€10,359 | -4.4% |
| Fixed assets | 21/28 | €230,387 | €221,964 | -€8,422 | -3.7% |
| Tangible fixed assets | 22/27 | €224,137 | €215,714 | -€8,422 | -3.8% |
| Land and buildings | 22 | €224,137 | €215,714 | -€8,422 | -3.8% |
| Financial fixed assets | 28 | €6,250 | €6,250 | = | 0.0% |
| Current assets | 29/58 | €3,100 | €1,164 | -€1,936 | -62.5% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | 0.0% |
| Other amounts receivable | 41 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,100 | €1,164 | -€1,936 | -62.5% |
| Total equity and liabilities | 10/49 | €233,487 | €223,129 | -€10,359 | -4.4% |
| Equity | 10/15 | €100,837 | €86,982 | -€13,855 | -13.7% |
| Contributions | 10/11 | €6,515 | €6,515 | = | 0.0% |
| Capital | 10 | €6,515 | €6,515 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,085 | €12,085 | = | 0.0% |
| Reserves | 13 | €18,734 | €18,734 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €16,874 | €16,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,588 | €61,733 | -€13,855 | -18.3% |
| Amounts payable | 17/49 | €132,650 | €136,146 | +€3,496 | +2.6% |
| Amounts payable after more than one year | 17 | €132,650 | €136,146 | +€3,496 | +2.6% |
| Financial debts | 170/4 | €132,007 | €135,504 | +€3,496 | +2.6% |
| Trade debts | 175 | €643 | €643 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,794 | €10,127 | -€667 | -6.2% |
| Gross operating margin | 9900 | €542 | €4,063 | +€3,521 | +650.1% |
| Operating profit (loss) | 9901 | -€10,252 | -€6,064 | +€4,188 | +40.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,252 | -€6,064 | +€4,188 | +40.8% |
| Profit (loss) for the period | 9904 | -€10,252 | -€6,064 | +€4,188 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,252 | -€6,064 | +€4,188 | +40.8% |
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 29 September 2026 via checked.be.