Vectrimmo: 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.
Vectrimmo
Largest movements
- Stocks and contracts -€339,198
down €339,198 (-100%), from €339,198 to €0
- Receivables within one year +€61,821
up €61,821 (+27.4%), from €225,374 to €287,195
of which Trade receivables: +€61,821
- Cash +€36,387
up €36,387 (+106%), from €34,346 to €70,732
mainly Stocks and contracts (+€339,198) and Tax, wage and social debts (+€12,144)
- Debts after one year -€240,650
down €240,650 (-56.1%), from €429,204 to €188,554
- Trade debts -€15,255
down €15,255 (-75.6%), from €20,182 to €4,927
- Tax, wage and social debts +€12,144
up €12,144 (+113%), from €10,745 to €22,889
- Gross operating margin -€130,074
down €130,074 (-88.1%), from €147,624 to €17,550
- Other operating charges -€28,817
down €28,817 (-95.4%), from €30,194 to €1,378
- Financial charges -€25,272
down €25,272 (-70.1%), from €36,072 to €10,800
- Taxes -€6,204
down €6,204 (-84.4%), from €7,349 to €1,145
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 | €600,381 | €358,841 | -€241,540 | -40.2% |
| Fixed assets | 21/28 | €1,463 | €913 | -€550 | -37.6% |
| Tangible fixed assets | 22/27 | €1,463 | €913 | -€550 | -37.6% |
| Plant, machinery and equipment | 23 | €1,463 | €913 | -€550 | -37.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €598,918 | €357,928 | -€240,990 | -40.2% |
| Stocks and contracts in progress | 3 | €339,198 | €0 | -€339,198 | -100% |
| Stocks | 30/36 | €339,198 | €0 | -€339,198 | -100% |
| Amounts receivable within one year | 40/41 | €225,374 | €287,195 | +€61,821 | +27.4% |
| Trade receivables | 40 | €224,580 | €286,402 | +€61,821 | +27.5% |
| Other amounts receivable | 41 | €794 | €794 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,346 | €70,732 | +€36,387 | +106% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €600,381 | €358,841 | -€241,540 | -40.2% |
| Equity | 10/15 | €105,827 | €109,731 | +€3,904 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €73,226 | €77,130 | +€3,904 | +5.3% |
| Distributable reserves | 133 | €73,226 | €77,130 | +€3,904 | +5.3% |
| Profit (loss) carried forward | 14 | €26,400 | €26,400 | = | 0.0% |
| Amounts payable | 17/49 | €494,554 | €249,110 | -€245,444 | -49.6% |
| Amounts payable after more than one year | 17 | €429,204 | €188,554 | -€240,650 | -56.1% |
| Financial debts | 170/4 | €429,204 | €188,554 | -€240,650 | -56.1% |
| Amounts payable within one year | 42/48 | €58,024 | €51,481 | -€6,544 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €16,125 | €11,050 | -€5,075 | -31.5% |
| Trade debts | 44 | €20,182 | €4,927 | -€15,255 | -75.6% |
| Suppliers | 440/4 | €20,182 | €4,927 | -€15,255 | -75.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,745 | €22,889 | +€12,144 | +113% |
| Taxes | 450/3 | €10,745 | €22,889 | +€12,144 | +113% |
| Other amounts payable | 47/48 | €10,974 | €12,615 | +€1,641 | +15.0% |
| Accrued charges and deferred income | 492/3 | €7,325 | €9,075 | +€1,750 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €945 | €550 | -€394 | -41.8% |
| Other operating charges | 640/8 | €30,194 | €1,378 | -€28,817 | -95.4% |
| Gross operating margin | 9900 | €147,624 | €17,550 | -€130,074 | -88.1% |
| Operating profit (loss) | 9901 | €116,485 | €15,622 | -€100,863 | -86.6% |
| Financial income | 75/76B | €162 | €227 | +€65 | +39.8% |
| Recurring financial income | 75 | €162 | €227 | +€65 | +39.8% |
| Financial charges | 65/66B | €36,072 | €10,800 | -€25,272 | -70.1% |
| Recurring financial charges | 65 | €36,072 | €10,800 | -€25,272 | -70.1% |
| Profit (loss) for the period before taxes | 9903 | €80,575 | €5,049 | -€75,526 | -93.7% |
| Income taxes | 67/77 | €7,349 | €1,145 | -€6,204 | -84.4% |
| Profit (loss) for the period | 9904 | €73,226 | €3,904 | -€69,322 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,226 | €3,904 | -€69,322 | -94.7% |
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 15 October 2026 via checked.be.