VANIMO: 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.
VANIMO
Largest movements
- Cash +€467,338
up €467,338 (+401%), from €116,513 to €583,851
mainly Current investments (+€300,000) and Depreciation (+€121,672)
- Current investments -€300,000
down €300,000 (-100%), from €300,000 to €0
- Tangible fixed assets -€121,672
down €121,672 (-5.9%), from €2.1m to €1.9m
of which Land and buildings: -€120,342
- Reserves +€88,022
up €88,022 (+9.3%), from €945,935 to €1.0m
of which Distributable reserves: +€88,022
- Debts after one year -€45,379
down €45,379 (-21.9%), from €207,349 to €161,970
- Other debts -€31,620
down €31,620 (-2.9%), from €1.1m to €1.1m
- Other operating charges -€185,326
down €185,326 (-65.2%), from €284,305 to €98,978
- Gross operating margin -€35,604
down €35,604 (-7.9%), from €448,919 to €413,314
- Financial charges +€24,905
up €24,905 (+47.0%), from €52,994 to €77,899
- Depreciation +€22,152
up €22,152 (+22.3%), from €99,520 to €121,672
- Taxes +€16,480
up €16,480 (+126%), from €13,058 to €29,538
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.
Derived cash bridge
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 | €2,611,553 | €2,636,480 | +€24,927 | +1.0% |
| Fixed assets | 21/28 | €2,080,080 | €1,963,808 | -€116,272 | -5.6% |
| Tangible fixed assets | 22/27 | €2,070,260 | €1,948,588 | -€121,672 | -5.9% |
| Land and buildings | 22 | €2,066,831 | €1,946,489 | -€120,342 | -5.8% |
| Furniture and vehicles | 24 | €3,429 | €2,099 | -€1,329 | -38.8% |
| Financial fixed assets | 28 | €9,820 | €15,220 | +€5,400 | +55.0% |
| Current assets | 29/58 | €531,473 | €672,672 | +€141,199 | +26.6% |
| Amounts receivable within one year | 40/41 | €111,119 | €84,812 | -€26,307 | -23.7% |
| Trade receivables | 40 | €74,178 | €48,512 | -€25,666 | -34.6% |
| Other amounts receivable | 41 | €36,942 | €36,300 | -€642 | -1.7% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100% |
| Cash at bank and in hand | 54/58 | €116,513 | €583,851 | +€467,338 | +401% |
| Deferred charges and accrued income | 490/1 | €3,841 | €4,009 | +€168 | +4.4% |
| Total equity and liabilities | 10/49 | €2,611,553 | €2,636,480 | +€24,927 | +1.0% |
| Equity | 10/15 | €1,232,935 | €1,320,957 | +€88,022 | +7.1% |
| Contributions | 10/11 | €287,000 | €287,000 | = | 0.0% |
| Capital | 10 | €287,000 | €287,000 | = | 0.0% |
| Issued capital | 100 | €287,000 | €287,000 | = | 0.0% |
| Reserves | 13 | €945,935 | €1,033,957 | +€88,022 | +9.3% |
| Non-distributable reserves | 130/1 | €28,700 | €28,700 | = | 0.0% |
| Legal reserve | 130 | €28,700 | €28,700 | = | 0.0% |
| Distributable reserves | 133 | €917,235 | €1,005,257 | +€88,022 | +9.6% |
| Amounts payable | 17/49 | €1,378,618 | €1,315,522 | -€63,095 | -4.6% |
| Amounts payable after more than one year | 17 | €207,349 | €161,970 | -€45,379 | -21.9% |
| Financial debts | 170/4 | €207,349 | €161,970 | -€45,379 | -21.9% |
| Amounts payable within one year | 42/48 | €1,171,269 | €1,153,552 | -€17,716 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €44,986 | €45,379 | +€393 | +0.9% |
| Trade debts | 44 | €24,328 | €29,199 | +€4,870 | +20.0% |
| Suppliers | 440/4 | €24,328 | €29,199 | +€4,870 | +20.0% |
| Taxes, remuneration and social security | 45 | €17,484 | €26,125 | +€8,641 | +49.4% |
| Taxes | 450/3 | €17,484 | €26,125 | +€8,641 | +49.4% |
| Other amounts payable | 47/48 | €1,084,470 | €1,052,850 | -€31,620 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,520 | €121,672 | +€22,152 | +22.3% |
| Other operating charges | 640/8 | €284,305 | €98,978 | -€185,326 | -65.2% |
| Gross operating margin | 9900 | €448,919 | €413,314 | -€35,604 | -7.9% |
| Operating profit (loss) | 9901 | €65,095 | €192,664 | +€127,570 | +196% |
| Financial income | 75/76B | €0 | €2,795 | +€2,795 | |
| Recurring financial income | 75 | €0 | €2,795 | +€2,795 | |
| Financial charges | 65/66B | €52,994 | €77,899 | +€24,905 | +47.0% |
| Recurring financial charges | 65 | €52,994 | €77,899 | +€24,905 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €12,100 | €117,560 | +€105,460 | +872% |
| Income taxes | 67/77 | €13,058 | €29,538 | +€16,480 | +126% |
| Profit (loss) for the period | 9904 | -€958 | €88,022 | +€88,980 | |
| Profit (loss) for the period to be appropriated | 9905 | -€958 | €88,022 | +€88,980 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.