VASIMMO: 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.
VASIMMO
Largest movements
- Receivables within one year +€7,694
up €7,694 (+889.1%), from €865 to €8,560
of which Trade receivables: +€7,694
- Cash +€3,071
up €3,071 (+95.9%), from €3,202 to €6,273
mainly Debts after one year (+€21,055) and Depreciation (+€6,863)
- Tangible fixed assets -€2,631
down €2,631 (-1.8%), from €143,322 to €140,691
of which Land and buildings: -€5,017
- Debts after one year +€21,055
up €21,055 (+15.8%), from €132,897 to €153,952
- Profit (loss) carried forward -€14,430
down €14,430 (-1241.8%), from -€1,162 to -€15,592
- Gross operating margin -€14,100
down €14,100, from €13,200 to -€899
- Purchases and services +€13,410
up €13,410 (+71.6%), from €18,738 to €32,147
- Depreciation +€1,142
up €1,142 (+20.0%), from €5,721 to €6,863
- Taxes -€635
no longer reported in 2025 (was €635)
- Financial charges +€435
up €435 (+11.3%), from €3,843 to €4,278
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 | €148,302 | €155,888 | +€7,587 | +5.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €143,322 | €140,691 | -€2,631 | -1.8% |
| Tangible fixed assets | 22/27 | €143,322 | €140,691 | -€2,631 | -1.8% |
| Land and buildings | 22 | €134,411 | €129,394 | -€5,017 | -3.7% |
| Plant, machinery and equipment | 23 | €2,117 | €5,934 | +€3,817 | +180.3% |
| Furniture and vehicles | 24 | €6,793 | €5,362 | -€1,431 | -21.1% |
| Current assets | 29/58 | €4,980 | €15,198 | +€10,218 | +205.2% |
| Amounts receivable within one year | 40/41 | €865 | €8,560 | +€7,694 | +889.1% |
| Trade receivables | 40 | €0 | €7,694 | +€7,694 | |
| Other amounts receivable | 41 | €865 | €865 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,202 | €6,273 | +€3,071 | +95.9% |
| Deferred charges and accrued income | 490/1 | €912 | €365 | -€547 | -60.0% |
| Total equity and liabilities | 10/49 | €148,302 | €155,888 | +€7,587 | +5.1% |
| Equity | 10/15 | €5,070 | -€9,359 | -€14,430 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32 | €32 | = | 0.0% |
| Distributable reserves | 133 | €32 | €32 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,162 | -€15,592 | -€14,430 | -1241.8% |
| Amounts payable | 17/49 | €143,231 | €165,248 | +€22,017 | +15.4% |
| Amounts payable after more than one year | 17 | €132,897 | €153,952 | +€21,055 | +15.8% |
| Financial debts | 170/4 | €132,897 | €153,952 | +€21,055 | +15.8% |
| Amounts payable within one year | 42/48 | €9,313 | €10,274 | +€961 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €8,100 | €9,650 | +€1,550 | +19.1% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €572 | €562 | -€10 | -1.7% |
| Suppliers | 440/4 | €572 | €562 | -€10 | -1.7% |
| Taxes, remuneration and social security | 45 | €572 | €0 | -€572 | -100.0% |
| Taxes | 450/3 | €572 | €0 | -€572 | -100.0% |
| Other amounts payable | 47/48 | €69 | €61 | -€7 | -10.6% |
| Accrued charges and deferred income | 492/3 | €1,022 | €1,022 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,738 | €32,147 | +€13,410 | +71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,721 | €6,863 | +€1,142 | +20.0% |
| Other operating charges | 640/8 | €2,317 | €2,400 | +€83 | +3.6% |
| Gross operating margin | 9900 | €13,200 | -€899 | -€14,100 | |
| Operating profit (loss) | 9901 | €5,163 | -€10,162 | -€15,324 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €3,843 | €4,278 | +€435 | +11.3% |
| Recurring financial charges | 65 | €3,843 | €4,278 | +€435 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €1,320 | -€14,430 | -€15,750 | |
| Income taxes | 67/77 | €635 | - | -€635 | |
| Profit (loss) for the period | 9904 | €685 | -€14,430 | -€15,115 | |
| Profit (loss) for the period to be appropriated | 9905 | €685 | -€14,430 | -€15,115 |
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 28 September 2026 via checked.be.