VBMAL: 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.
VBMAL
Largest movements
- Tangible fixed assets +€7,991
up €7,991 (+3778.8%), from €211 to €8,203
- Receivables within one year +€638
up €638 (+6.7%), from €9,504 to €10,142
of which Other amounts receivable: +€1,037
- Other debts +€13,823
up €13,823 (+158.9%), from €8,698 to €22,522
- Debts after one year -€5,172
no longer reported in 2024 (was €5,172)
- Tax, wage and social debts -€4,105
down €4,105 (-82.2%), from €4,994 to €889
- Profit (loss) carried forward +€3,719
up €3,719 (+12.7%), from -€29,242 to -€25,523
- Current portion of long-term debt -€847
down €847 (-14.1%), from €6,019 to €5,172
- Gross operating margin +€37,081
up €37,081, from -€27,778 to €9,304
- Depreciation +€2,737
up €2,737 (+352.9%), from €776 to €3,512
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,715 | €18,344 | +€8,629 | +88.8% |
| Fixed assets | 21/28 | €211 | €8,203 | +€7,991 | +3778.8% |
| Tangible fixed assets | 22/27 | €211 | €8,203 | +€7,991 | +3778.8% |
| Furniture and vehicles | 24 | €211 | €8,203 | +€7,991 | +3778.8% |
| Current assets | 29/58 | €9,504 | €10,142 | +€638 | +6.7% |
| Amounts receivable within one year | 40/41 | €9,504 | €10,142 | +€638 | +6.7% |
| Trade receivables | 40 | €9,504 | €9,105 | -€399 | -4.2% |
| Other amounts receivable | 41 | - | €1,037 | +€1,037 | |
| Total equity and liabilities | 10/49 | €9,715 | €18,344 | +€8,629 | +88.8% |
| Equity | 10/15 | -€21,182 | -€17,463 | +€3,719 | +17.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,242 | -€25,523 | +€3,719 | +12.7% |
| Amounts payable | 17/49 | €30,897 | €35,807 | +€4,910 | +15.9% |
| Amounts payable after more than one year | 17 | €5,172 | - | -€5,172 | |
| Financial debts | 170/4 | €5,172 | - | -€5,172 | |
| Amounts payable within one year | 42/48 | €25,726 | €35,807 | +€10,081 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | €6,019 | €5,172 | -€847 | -14.1% |
| Financial debts | 43 | €2,238 | €2,972 | +€733 | +32.8% |
| Credit institutions | 430/8 | €2,238 | €2,972 | +€733 | +32.8% |
| Trade debts | 44 | €3,777 | €4,253 | +€477 | +12.6% |
| Suppliers | 440/4 | €3,777 | €4,253 | +€477 | +12.6% |
| Taxes, remuneration and social security | 45 | €4,994 | €889 | -€4,105 | -82.2% |
| Taxes | 450/3 | €4,994 | €889 | -€4,105 | -82.2% |
| Other amounts payable | 47/48 | €8,698 | €22,522 | +€13,823 | +158.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €776 | €3,512 | +€2,737 | +352.9% |
| Other operating charges | 640/8 | €561 | €764 | +€203 | +36.2% |
| Gross operating margin | 9900 | -€27,778 | €9,304 | +€37,081 | |
| Operating profit (loss) | 9901 | -€29,114 | €5,027 | +€34,142 | |
| Financial charges | 65/66B | €1,067 | €871 | -€196 | -18.4% |
| Recurring financial charges | 65 | €1,067 | €871 | -€196 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€30,182 | €4,156 | +€34,338 | |
| Income taxes | 67/77 | €452 | €437 | -€16 | -3.5% |
| Profit (loss) for the period | 9904 | -€30,634 | €3,719 | +€34,353 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,634 | €3,719 | +€34,353 |
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.