Varomedi: 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.
Varomedi
Largest movements
- Cash +€50,800
up €50,800 (+301%), from €16,870 to €67,670
mainly Trade debts (+€80,136) and Net result for the year (+€13,777)
- Receivables within one year +€21,180
up €21,180 (+59.0%), from €35,872 to €57,052
of which Trade receivables: +€48,910
- Tangible fixed assets -€3,734
down €3,734 (-23.6%), from €15,807 to €12,073
of which Furniture and vehicles: -€2,608
- Deferred charges and accrued income +€3,171
up €3,171, from €0 to €3,171
- Trade debts +€80,136
up €80,136 (+1,187%), from €6,749 to €86,885
- Other debts -€30,436
down €30,436 (-97.7%), from €31,167 to €731
- Reserves +€13,777
up €13,777 (+61.2%), from €22,523 to €36,300
- Tax, wage and social debts +€8,049
up €8,049 (+146%), from €5,500 to €13,549
- Gross operating margin +€20,492
up €20,492 (+217%), from €9,425 to €29,917
- Taxes +€6,731
up €6,731 (+510%), from €1,319 to €8,049
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 | €68,548 | €139,965 | +€71,418 | +104% |
| Fixed assets | 21/28 | €15,807 | €12,073 | -€3,734 | -23.6% |
| Tangible fixed assets | 22/27 | €15,807 | €12,073 | -€3,734 | -23.6% |
| Plant, machinery and equipment | 23 | €1,615 | €913 | -€702 | -43.5% |
| Furniture and vehicles | 24 | €11,671 | €9,064 | -€2,608 | -22.3% |
| Other tangible fixed assets | 26 | €2,520 | €2,096 | -€424 | -16.8% |
| Current assets | 29/58 | €52,741 | €127,893 | +€75,152 | +142% |
| Amounts receivable within one year | 40/41 | €35,872 | €57,052 | +€21,180 | +59.0% |
| Trade receivables | 40 | €8,142 | €57,052 | +€48,910 | +601% |
| Other amounts receivable | 41 | €27,730 | €0 | -€27,730 | -100% |
| Cash at bank and in hand | 54/58 | €16,870 | €67,670 | +€50,800 | +301% |
| Deferred charges and accrued income | 490/1 | €0 | €3,171 | +€3,171 | |
| Total equity and liabilities | 10/49 | €68,548 | €139,965 | +€71,418 | +104% |
| Equity | 10/15 | €25,023 | €38,800 | +€13,777 | +55.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €22,523 | €36,300 | +€13,777 | +61.2% |
| Distributable reserves | 133 | €22,523 | €36,300 | +€13,777 | +61.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €43,525 | €101,166 | +€57,641 | +132% |
| Amounts payable within one year | 42/48 | €43,416 | €101,166 | +€57,750 | +133% |
| Trade debts | 44 | €6,749 | €86,885 | +€80,136 | +1,187% |
| Suppliers | 440/4 | €6,749 | €86,885 | +€80,136 | +1,187% |
| Taxes, remuneration and social security | 45 | €5,500 | €13,549 | +€8,049 | +146% |
| Taxes | 450/3 | €5,500 | €13,549 | +€8,049 | +146% |
| Other amounts payable | 47/48 | €31,167 | €731 | -€30,436 | -97.7% |
| Accrued charges and deferred income | 492/3 | €109 | €0 | -€109 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,557 | €3,734 | +€177 | +5.0% |
| Other operating charges | 640/8 | €658 | €577 | -€81 | -12.3% |
| Gross operating margin | 9900 | €9,425 | €29,917 | +€20,492 | +217% |
| Operating profit (loss) | 9901 | €5,209 | €25,606 | +€20,396 | +392% |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.9% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.9% |
| Financial charges | 65/66B | €3,539 | €3,779 | +€240 | +6.8% |
| Recurring financial charges | 65 | €3,539 | €3,779 | +€240 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €1,683 | €21,826 | +€20,144 | +1,197% |
| Income taxes | 67/77 | €1,319 | €8,049 | +€6,731 | +510% |
| Profit (loss) for the period | 9904 | €364 | €13,777 | +€13,413 | +3,686% |
| Profit (loss) for the period to be appropriated | 9905 | €364 | €13,777 | +€13,413 | +3,686% |
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 13 October 2026 via checked.be.