Vavema: 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.
Vavema
Largest movements
- Cash +€30,412
up €30,412 (+175.5%), from €17,327 to €47,740
mainly Net result for the year (+€41,099) and Depreciation (+€16,489)
- Tangible fixed assets -€8,192
down €8,192 (-16.7%), from €49,060 to €40,867
of which Furniture and vehicles: -€9,545
- Receivables within one year +€5,235
up €5,235 (+43.1%), from €12,154 to €17,389
of which Trade receivables: +€5,158
- Profit (loss) carried forward +€31,099
up €31,099 (+106.6%), from €29,169 to €60,268
- Debts after one year -€8,491
down €8,491 (-32.3%), from €26,303 to €17,811
- Tax, wage and social debts +€5,504
up €5,504 (+62.8%), from €8,767 to €14,271
- Gross operating margin +€1,221
up €1,221 (+1.8%), from €68,560 to €69,781
- Other operating charges +€1,205
up €1,205 (+62.0%), from €1,945 to €3,150
- Taxes +€711
up €711 (+9.2%), from €7,736 to €8,446
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,653 | €106,507 | +€27,853 | +35.4% |
| Fixed assets | 21/28 | €49,060 | €40,867 | -€8,192 | -16.7% |
| Tangible fixed assets | 22/27 | €49,060 | €40,867 | -€8,192 | -16.7% |
| Plant, machinery and equipment | 23 | €5,090 | €6,442 | +€1,353 | +26.6% |
| Furniture and vehicles | 24 | €43,970 | €34,425 | -€9,545 | -21.7% |
| Current assets | 29/58 | €29,593 | €65,639 | +€36,046 | +121.8% |
| Amounts receivable within one year | 40/41 | €12,154 | €17,389 | +€5,235 | +43.1% |
| Trade receivables | 40 | €4,022 | €9,180 | +€5,158 | +128.3% |
| Other amounts receivable | 41 | €8,133 | €8,209 | +€77 | +0.9% |
| Cash at bank and in hand | 54/58 | €17,327 | €47,740 | +€30,412 | +175.5% |
| Deferred charges and accrued income | 490/1 | €112 | €511 | +€399 | +357.1% |
| Total equity and liabilities | 10/49 | €78,653 | €106,507 | +€27,853 | +35.4% |
| Equity | 10/15 | €34,169 | €65,268 | +€31,099 | +91.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,169 | €60,268 | +€31,099 | +106.6% |
| Amounts payable | 17/49 | €44,484 | €41,238 | -€3,246 | -7.3% |
| Amounts payable after more than one year | 17 | €26,303 | €17,811 | -€8,491 | -32.3% |
| Financial debts | 170/4 | €26,303 | €17,811 | -€8,491 | -32.3% |
| Amounts payable within one year | 42/48 | €18,182 | €23,427 | +€5,246 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €8,227 | €8,491 | +€265 | +3.2% |
| Trade debts | 44 | €1,087 | €564 | -€523 | -48.1% |
| Suppliers | 440/4 | €1,087 | €564 | -€523 | -48.1% |
| Taxes, remuneration and social security | 45 | €8,767 | €14,271 | +€5,504 | +62.8% |
| Taxes | 450/3 | €8,767 | €14,271 | +€5,504 | +62.8% |
| Other amounts payable | 47/48 | €101 | €101 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,347 | €16,489 | +€141 | +0.9% |
| Other operating charges | 640/8 | €1,945 | €3,150 | +€1,205 | +62.0% |
| Gross operating margin | 9900 | €68,560 | €69,781 | +€1,221 | +1.8% |
| Operating profit (loss) | 9901 | €50,268 | €50,143 | -€125 | -0.2% |
| Financial income | 75/76B | €2 | €511 | +€509 | +24811.2% |
| Recurring financial income | 75 | €2 | €511 | +€509 | +24811.2% |
| Financial charges | 65/66B | €1,365 | €1,108 | -€257 | -18.8% |
| Recurring financial charges | 65 | €1,365 | €1,108 | -€257 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €48,905 | €49,546 | +€641 | +1.3% |
| Income taxes | 67/77 | €7,736 | €8,446 | +€711 | +9.2% |
| Profit (loss) for the period | 9904 | €41,169 | €41,099 | -€70 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,169 | €41,099 | -€70 | -0.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.