VEGIMMO: 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.
VEGIMMO
Largest movements
- Current investments +€13,366
up €13,366 (+8.4%), from €158,648 to €172,014
- Tangible fixed assets -€11,621
down €11,621 (-4.6%), from €251,555 to €239,934
- Receivables within one year +€4,635
up €4,635 (+171.3%), from €2,706 to €7,341
- Profit (loss) carried forward +€19,604
up €19,604 (+27.5%), from €71,405 to €91,009
- Other debts -€12,000
down €12,000 (-31.3%), from €38,342 to €26,342
- Gross operating margin -€93,295
down €93,295 (-78.0%), from €119,544 to €26,250
- Taxes -€33,022
down €33,022, from €28,387 to -€4,635
- Financial income +€2,186
up €2,186 (+2370.3%), from €92 to €2,278
- Depreciation +€2,150
up €2,150 (+18.8%), from €11,432 to €13,582
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 | €414,292 | €421,243 | +€6,952 | +1.7% |
| Fixed assets | 21/28 | €251,555 | €239,934 | -€11,621 | -4.6% |
| Tangible fixed assets | 22/27 | €251,555 | €239,934 | -€11,621 | -4.6% |
| Other tangible fixed assets | 26 | €251,555 | €239,934 | -€11,621 | -4.6% |
| Current assets | 29/58 | €162,736 | €181,309 | +€18,573 | +11.4% |
| Amounts receivable within one year | 40/41 | €2,706 | €7,341 | +€4,635 | +171.3% |
| Other amounts receivable | 41 | €2,706 | €7,341 | +€4,635 | +171.3% |
| Current investments | 50/53 | €158,648 | €172,014 | +€13,366 | +8.4% |
| Cash at bank and in hand | 54/58 | €1,382 | €1,955 | +€573 | +41.4% |
| Total equity and liabilities | 10/49 | €414,292 | €421,243 | +€6,952 | +1.7% |
| Equity | 10/15 | €296,124 | €312,619 | +€16,495 | +5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €162,719 | €159,610 | -€3,109 | -1.9% |
| Tax-exempt reserves | 132 | €156,519 | €153,410 | -€3,109 | -2.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,405 | €91,009 | +€19,604 | +27.5% |
| Provisions and deferred taxes | 16 | €52,671 | €51,634 | -€1,036 | -2.0% |
| Deferred taxes | 168 | €52,671 | €51,634 | -€1,036 | -2.0% |
| Amounts payable | 17/49 | €65,497 | €56,990 | -€8,507 | -13.0% |
| Amounts payable within one year | 42/48 | €65,497 | €56,990 | -€8,507 | -13.0% |
| Trade debts | 44 | €6,768 | €7,555 | +€788 | +11.6% |
| Suppliers | 440/4 | €6,768 | €7,555 | +€788 | +11.6% |
| Taxes, remuneration and social security | 45 | €20,387 | €23,093 | +€2,706 | +13.3% |
| Taxes | 450/3 | €20,387 | €23,093 | +€2,706 | +13.3% |
| Other amounts payable | 47/48 | €38,342 | €26,342 | -€12,000 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,432 | €13,582 | +€2,150 | +18.8% |
| Other operating charges | 640/8 | €3,877 | €4,077 | +€200 | +5.2% |
| Gross operating margin | 9900 | €119,544 | €26,250 | -€93,295 | -78.0% |
| Operating profit (loss) | 9901 | €104,235 | €8,590 | -€95,645 | -91.8% |
| Financial income | 75/76B | €92 | €2,278 | +€2,186 | +2370.3% |
| Recurring financial income | 75 | €92 | €2,278 | +€2,186 | +2370.3% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €104,283 | €10,823 | -€93,460 | -89.6% |
| Transfer from deferred taxes | 780 | €1,036 | €1,036 | = | 0.0% |
| Transfer to deferred taxes | 680 | €26,448 | - | -€26,448 | |
| Income taxes | 67/77 | €28,387 | -€4,635 | -€33,022 | |
| Profit (loss) for the period | 9904 | €50,484 | €16,495 | -€33,989 | -67.3% |
| Transfer from tax-exempt reserves | 789 | €3,109 | €3,109 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €79,344 | - | -€79,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,750 | €19,604 | +€45,355 |
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 2 October 2026 via checked.be.