VASIMEV: 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.
VASIMEV
Largest movements
- Cash -€103,540
down €103,540 (-85.7%), from €120,797 to €17,257
mainly Debts after one year (-€165,000) and Trade debts (-€135)
- Debts after one year -€165,000
down €165,000 (-38.7%), from €426,890 to €261,890
- Profit (loss) carried forward +€46,305
up €46,305 (+4.9%), from €948,183 to €994,488
- Gross operating margin +€48,479
up €48,479, from -€881 to €47,598
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 | €3,647,226 | €3,543,686 | -€103,540 | -2.8% |
| Fixed assets | 21/28 | €3,526,429 | €3,526,429 | = | 0.0% |
| Financial fixed assets | 28 | €3,526,429 | €3,526,429 | = | 0.0% |
| Current assets | 29/58 | €120,797 | €17,257 | -€103,540 | -85.7% |
| Cash at bank and in hand | 54/58 | €120,797 | €17,257 | -€103,540 | -85.7% |
| Total equity and liabilities | 10/49 | €3,647,226 | €3,543,686 | -€103,540 | -2.8% |
| Equity | 10/15 | €2,840,101 | €2,886,406 | +€46,305 | +1.6% |
| Contributions | 10/11 | €1,706,890 | €1,706,890 | = | 0.0% |
| Capital | 10 | €1,706,890 | €1,706,890 | = | 0.0% |
| Issued capital | 100 | €1,706,890 | €1,706,890 | = | 0.0% |
| Reserves | 13 | €185,028 | €185,028 | = | 0.0% |
| Non-distributable reserves | 130/1 | €61,081 | €61,081 | = | 0.0% |
| Legal reserve | 130 | €61,081 | €61,081 | = | 0.0% |
| Distributable reserves | 133 | €123,947 | €123,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | €948,183 | €994,488 | +€46,305 | +4.9% |
| Amounts payable | 17/49 | €807,125 | €657,280 | -€149,845 | -18.6% |
| Amounts payable after more than one year | 17 | €426,890 | €261,890 | -€165,000 | -38.7% |
| Financial debts | 170/4 | €426,890 | €261,890 | -€165,000 | -38.7% |
| Amounts payable within one year | 42/48 | €380,235 | €395,390 | +€15,155 | +4.0% |
| Trade debts | 44 | €1,185 | €1,050 | -€135 | -11.4% |
| Suppliers | 440/4 | €1,185 | €1,050 | -€135 | -11.4% |
| Taxes, remuneration and social security | 45 | - | €10,290 | +€10,290 | |
| Taxes | 450/3 | - | €10,290 | +€10,290 | |
| Other amounts payable | 47/48 | €379,050 | €384,050 | +€5,000 | +1.3% |
| Other operating charges | 640/8 | €1,170 | €1,143 | -€27 | -2.3% |
| Gross operating margin | 9900 | -€881 | €47,598 | +€48,479 | |
| Operating profit (loss) | 9901 | -€2,051 | €46,455 | +€48,506 | |
| Financial charges | 65/66B | €112 | €150 | +€38 | +33.9% |
| Recurring financial charges | 65 | €112 | €150 | +€38 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,163 | €46,305 | +€48,468 | |
| Profit (loss) for the period | 9904 | -€2,163 | €46,305 | +€48,468 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,163 | €46,305 | +€48,468 |
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 5 October 2026 via checked.be.