Vansimo: 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.
Vansimo
Largest movements
- Cash +€21,340
up €21,340 (+10.6%), from €202,156 to €223,496
mainly Depreciation (+€25,974) and Net result for the year (+€7,332)
- Tangible fixed assets -€20,724
down €20,724 (-14.7%), from €140,736 to €120,011
of which Land and buildings: -€12,861
- Trade debts -€9,590
down €9,590 (-33.7%), from €28,417 to €18,828
- Profit (loss) carried forward +€7,332
up €7,332 (+10.2%), from -€72,016 to -€64,684
- Other debts +€5,165
up €5,165 (+2.5%), from €203,410 to €208,574
- Gross operating margin +€31,661
up €31,661 (+764.3%), from €4,143 to €35,804
- Financial charges +€1,160
up €1,160 (+416.4%), from €279 to €1,439
of which Financial charges: +€661
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 | €381,321 | €383,178 | +€1,858 | +0.5% |
| Fixed assets | 21/28 | €140,736 | €120,011 | -€20,724 | -14.7% |
| Tangible fixed assets | 22/27 | €140,736 | €120,011 | -€20,724 | -14.7% |
| Land and buildings | 22 | €104,545 | €91,684 | -€12,861 | -12.3% |
| Plant, machinery and equipment | 23 | €15,100 | €14,569 | -€532 | -3.5% |
| Furniture and vehicles | 24 | €21,090 | €13,759 | -€7,331 | -34.8% |
| Current assets | 29/58 | €240,585 | €263,167 | +€22,582 | +9.4% |
| Stocks and contracts in progress | 3 | €22,000 | €22,000 | = | 0.0% |
| Stocks | 30/36 | €22,000 | €22,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,154 | €15,476 | +€1,322 | +9.3% |
| Trade receivables | 40 | €10,068 | €13,776 | +€3,708 | +36.8% |
| Other amounts receivable | 41 | €4,086 | €1,700 | -€2,386 | -58.4% |
| Cash at bank and in hand | 54/58 | €202,156 | €223,496 | +€21,340 | +10.6% |
| Deferred charges and accrued income | 490/1 | €2,275 | €2,195 | -€80 | -3.5% |
| Total equity and liabilities | 10/49 | €381,321 | €383,178 | +€1,858 | +0.5% |
| Equity | 10/15 | -€51,556 | -€44,224 | +€7,332 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,016 | -€64,684 | +€7,332 | +10.2% |
| Amounts payable | 17/49 | €432,877 | €427,402 | -€5,475 | -1.3% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €232,877 | €227,402 | -€5,475 | -2.4% |
| Trade debts | 44 | €28,417 | €18,828 | -€9,590 | -33.7% |
| Suppliers | 440/4 | €28,417 | €18,828 | -€9,590 | -33.7% |
| Advances received on contracts in progress | 46 | €1,050 | - | -€1,050 | |
| Other amounts payable | 47/48 | €203,410 | €208,574 | +€5,165 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,620 | €25,974 | +€355 | +1.4% |
| Other operating charges | 640/8 | €1,114 | €1,060 | -€54 | -4.8% |
| Gross operating margin | 9900 | €4,143 | €35,804 | +€31,661 | +764.3% |
| Operating profit (loss) | 9901 | -€22,591 | €8,769 | +€31,360 | |
| Financial income | 75/76B | €96 | €2 | -€94 | -98.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +558.6% |
| Non-recurring financial income | 76B | €96 | - | -€96 | |
| Financial charges | 65/66B | €279 | €1,439 | +€1,160 | +416.4% |
| Recurring financial charges | 65 | €279 | €939 | +€661 | +237.2% |
| Non-recurring financial charges | 66B | - | €499 | +€499 | |
| Profit (loss) for the period before taxes | 9903 | -€22,774 | €7,332 | +€30,106 | |
| Profit (loss) for the period | 9904 | -€22,774 | €7,332 | +€30,106 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,774 | €7,332 | +€30,106 |
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 9 October 2026 via checked.be.