VEKIMMO: 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.
VEKIMMO
Largest movements
- Tangible fixed assets -€55,768
down €55,768 (-3.5%), from €1.6m to €1.5m
of which Land and buildings: -€55,094
- Cash +€29,686
up €29,686 (+258.5%), from €11,484 to €41,170
mainly Depreciation (+€87,333) and Net result for the year (+€28,922)
- Debts after one year -€64,735
down €64,735 (-4.2%), from €1.5m to €1.5m
of which Financial debts: -€72,106
- Other debts -€29,977
down €29,977 (-59.0%), from €50,768 to €20,792
- Reserves +€28,922
up €28,922 (+53.3%), from €54,310 to €83,232
of which Distributable reserves: +€28,922
- Accrued charges and deferred income +€28,391
up €28,391 (+403.8%), from €7,030 to €35,422
- Gross operating margin +€16,315
up €16,315 (+11.0%), from €147,839 to €164,154
- Other operating charges +€7,546
up €7,546 (+211.0%), from €3,576 to €11,123
- Financial charges -€6,733
down €6,733 (-22.5%), from €29,954 to €23,222
- Taxes +€3,570
up €3,570 (+35.8%), from €9,984 to €13,554
- Depreciation +€3,248
up €3,248 (+3.9%), from €84,085 to €87,333
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 | €1,740,618 | €1,709,158 | -€31,460 | -1.8% |
| Fixed assets | 21/28 | €1,723,756 | €1,667,988 | -€55,768 | -3.2% |
| Tangible fixed assets | 22/27 | €1,598,756 | €1,542,988 | -€55,768 | -3.5% |
| Land and buildings | 22 | €1,597,025 | €1,541,931 | -€55,094 | -3.4% |
| Plant, machinery and equipment | 23 | €1,731 | €1,057 | -€673 | -38.9% |
| Financial fixed assets | 28 | €125,000 | €125,000 | = | 0.0% |
| Current assets | 29/58 | €16,862 | €41,170 | +€24,308 | +144.2% |
| Amounts receivable within one year | 40/41 | €3,628 | - | -€3,628 | |
| Trade receivables | 40 | €3,628 | - | -€3,628 | |
| Cash at bank and in hand | 54/58 | €11,484 | €41,170 | +€29,686 | +258.5% |
| Deferred charges and accrued income | 490/1 | €1,750 | - | -€1,750 | |
| Total equity and liabilities | 10/49 | €1,740,618 | €1,709,158 | -€31,460 | -1.8% |
| Equity | 10/15 | €72,910 | €101,832 | +€28,922 | +39.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,310 | €83,232 | +€28,922 | +53.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,003 | €2,003 | = | 0.0% |
| Distributable reserves | 133 | €50,447 | €79,369 | +€28,922 | +57.3% |
| Amounts payable | 17/49 | €1,667,708 | €1,607,326 | -€60,382 | -3.6% |
| Amounts payable after more than one year | 17 | €1,535,431 | €1,470,696 | -€64,735 | -4.2% |
| Financial debts | 170/4 | €1,293,827 | €1,221,720 | -€72,106 | -5.6% |
| Other amounts payable | 178/9 | €241,604 | €248,976 | +€7,372 | +3.1% |
| Amounts payable within one year | 42/48 | €125,247 | €101,208 | -€24,039 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €54,235 | €61,892 | +€7,657 | +14.1% |
| Trade debts | 44 | €10,260 | €4,970 | -€5,290 | -51.6% |
| Suppliers | 440/4 | €10,260 | €4,970 | -€5,290 | -51.6% |
| Taxes, remuneration and social security | 45 | €9,984 | €13,554 | +€3,570 | +35.8% |
| Taxes | 450/3 | €9,984 | €13,554 | +€3,570 | +35.8% |
| Other amounts payable | 47/48 | €50,768 | €20,792 | -€29,977 | -59.0% |
| Accrued charges and deferred income | 492/3 | €7,030 | €35,422 | +€28,391 | +403.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,085 | €87,333 | +€3,248 | +3.9% |
| Other operating charges | 640/8 | €3,576 | €11,123 | +€7,546 | +211.0% |
| Gross operating margin | 9900 | €147,839 | €164,154 | +€16,315 | +11.0% |
| Operating profit (loss) | 9901 | €60,178 | €65,699 | +€5,521 | +9.2% |
| Financial charges | 65/66B | €29,954 | €23,222 | -€6,733 | -22.5% |
| Recurring financial charges | 65 | €29,954 | €23,222 | -€6,733 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €30,223 | €42,477 | +€12,254 | +40.5% |
| Income taxes | 67/77 | €9,984 | €13,554 | +€3,570 | +35.8% |
| Profit (loss) for the period | 9904 | €20,239 | €28,922 | +€8,684 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,239 | €28,922 | +€8,684 | +42.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.