VEMEC: 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.
VEMEC
Largest movements
- Cash +€25,023
up €25,023 (+1,317%), from €1,900 to €26,923
mainly Net result for the year (+€16,327) and Depreciation (+€13,854)
- Tangible fixed assets -€13,354
down €13,354 (-41.8%), from €31,970 to €18,616
of which Furniture and vehicles: -€8,000
- Reserves +€16,327
up €16,327 (+53.2%), from €30,714 to €47,041
- Other debts -€4,551
down €4,551 (-40.7%), from €11,176 to €6,625
- Tax, wage and social debts -€2,139
down €2,139 (-33.5%), from €6,387 to €4,247
of which Taxes: -€2,139
- Trade debts +€1,150
up €1,150 (+154%), from €745 to €1,894
- Gross operating margin +€18,544
up €18,544 (+107%), from €17,335 to €35,879
- Taxes +€4,092
up €4,092 (+548%), from €747 to €4,839
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 | €54,022 | €64,808 | +€10,786 | +20.0% |
| Fixed assets | 21/28 | €33,510 | €19,656 | -€13,854 | -41.3% |
| Intangible fixed assets | 21 | €1,540 | €1,040 | -€500 | -32.5% |
| Tangible fixed assets | 22/27 | €31,970 | €18,616 | -€13,354 | -41.8% |
| Plant, machinery and equipment | 23 | €7,334 | €1,981 | -€5,354 | -73.0% |
| Furniture and vehicles | 24 | €24,636 | €16,636 | -€8,000 | -32.5% |
| Current assets | 29/58 | €20,512 | €45,152 | +€24,640 | +120% |
| Amounts receivable within one year | 40/41 | €18,612 | €18,229 | -€383 | -2.1% |
| Trade receivables | 40 | €14,382 | €13,925 | -€458 | -3.2% |
| Other amounts receivable | 41 | €4,230 | €4,305 | +€75 | +1.8% |
| Cash at bank and in hand | 54/58 | €1,900 | €26,923 | +€25,023 | +1,317% |
| Total equity and liabilities | 10/49 | €54,022 | €64,808 | +€10,786 | +20.0% |
| Equity | 10/15 | €35,714 | €52,041 | +€16,327 | +45.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,714 | €47,041 | +€16,327 | +53.2% |
| Distributable reserves | 133 | €30,714 | €47,041 | +€16,327 | +53.2% |
| Amounts payable | 17/49 | €18,307 | €12,767 | -€5,541 | -30.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €18,307 | €12,767 | -€5,541 | -30.3% |
| Trade debts | 44 | €745 | €1,894 | +€1,150 | +154% |
| Suppliers | 440/4 | €745 | €1,894 | +€1,150 | +154% |
| Taxes, remuneration and social security | 45 | €6,387 | €4,247 | -€2,139 | -33.5% |
| Taxes | 450/3 | €3,887 | €1,747 | -€2,139 | -55.0% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €11,176 | €6,625 | -€4,551 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,854 | €13,854 | = | 0.0% |
| Other operating charges | 640/8 | €824 | €735 | -€89 | -10.8% |
| Gross operating margin | 9900 | €17,335 | €35,879 | +€18,544 | +107% |
| Operating profit (loss) | 9901 | €2,658 | €21,290 | +€18,632 | +701% |
| Financial income | 75/76B | €0 | €305 | +€305 | |
| Recurring financial income | 75 | €0 | €305 | +€305 | |
| Financial charges | 65/66B | €570 | €429 | -€141 | -24.8% |
| Recurring financial charges | 65 | €570 | €429 | -€141 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €2,087 | €21,165 | +€19,078 | +914% |
| Income taxes | 67/77 | €747 | €4,839 | +€4,092 | +548% |
| Profit (loss) for the period | 9904 | €1,341 | €16,327 | +€14,986 | +1,118% |
| Profit (loss) for the period to be appropriated | 9905 | €1,341 | €16,327 | +€14,986 | +1,118% |
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 24 October 2026 via checked.be.