Vemizo: 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.
Vemizo
Largest movements
- Deferred charges and accrued income -€92,711
down €92,711 (-98.9%), from €93,697 to €986
- Receivables within one year +€12,975
up €12,975 (+267%), from €4,858 to €17,832
of which Other amounts receivable: +€14,553
- Cash -€1,794
down €1,794 (-28.2%), from €6,373 to €4,579
mainly Trade debts (-€46,195) and Net result for the year (-€17,845)
- Tangible fixed assets -€1,437
down €1,437 (-37.2%), from €3,862 to €2,425
of which Plant, machinery and equipment: -€1,048
- Trade debts -€46,195
down €46,195 (-90.3%), from €51,157 to €4,962
- Profit (loss) carried forward -€17,845
down €17,845 (-107%), from -€16,663 to -€34,508
- Other debts -€12,486
down €12,486 (-100%), from €12,486 to €0
- Tax, wage and social debts -€5,741
down €5,741 (-96.3%), from €5,961 to €220
of which Remuneration and social security: -€5,000
- Gross operating margin -€10,798
down €10,798 (-280%), from -€3,860 to -€14,658
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 | €128,436 | €45,168 | -€83,268 | -64.8% |
| Fixed assets | 21/28 | €4,162 | €2,425 | -€1,737 | -41.7% |
| Intangible fixed assets | 21 | €301 | €0 | -€301 | -100% |
| Tangible fixed assets | 22/27 | €3,862 | €2,425 | -€1,437 | -37.2% |
| Plant, machinery and equipment | 23 | €3,473 | €2,425 | -€1,048 | -30.2% |
| Furniture and vehicles | 24 | €389 | €0 | -€389 | -100% |
| Current assets | 29/58 | €124,273 | €42,743 | -€81,531 | -65.6% |
| Stocks and contracts in progress | 3 | €19,346 | €19,346 | = | 0.0% |
| Stocks | 30/36 | €19,346 | €19,346 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,858 | €17,832 | +€12,975 | +267% |
| Trade receivables | 40 | €3,018 | €1,439 | -€1,579 | -52.3% |
| Other amounts receivable | 41 | €1,840 | €16,393 | +€14,553 | +791% |
| Cash at bank and in hand | 54/58 | €6,373 | €4,579 | -€1,794 | -28.2% |
| Deferred charges and accrued income | 490/1 | €93,697 | €986 | -€92,711 | -98.9% |
| Total equity and liabilities | 10/49 | €128,436 | €45,168 | -€83,268 | -64.8% |
| Equity | 10/15 | €6,915 | -€10,931 | -€17,845 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,978 | €4,978 | = | 0.0% |
| Distributable reserves | 133 | €4,978 | €4,978 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,663 | -€34,508 | -€17,845 | -107% |
| Amounts payable | 17/49 | €121,521 | €56,099 | -€65,422 | -53.8% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,604 | €5,182 | -€64,422 | -92.6% |
| Trade debts | 44 | €51,157 | €4,962 | -€46,195 | -90.3% |
| Suppliers | 440/4 | €51,157 | €4,962 | -€46,195 | -90.3% |
| Taxes, remuneration and social security | 45 | €5,961 | €220 | -€5,741 | -96.3% |
| Taxes | 450/3 | €961 | €220 | -€741 | -77.1% |
| Remuneration and social security | 454/9 | €5,000 | €0 | -€5,000 | -100% |
| Other amounts payable | 47/48 | €12,486 | €0 | -€12,486 | -100% |
| Accrued charges and deferred income | 492/3 | €1,917 | €917 | -€1,000 | -52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,710 | €1,737 | +€27 | +1.6% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | -€3,860 | -€14,658 | -€10,798 | -280% |
| Operating profit (loss) | 9901 | -€5,711 | -€16,539 | -€10,829 | -190% |
| Financial income | 75/76B | €14 | €112 | +€98 | +715% |
| Recurring financial income | 75 | €14 | €112 | +€98 | +715% |
| Financial charges | 65/66B | €1,215 | €1,242 | +€27 | +2.2% |
| Recurring financial charges | 65 | €1,215 | €1,242 | +€27 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,912 | -€17,669 | -€10,757 | -156% |
| Income taxes | 67/77 | €286 | €176 | -€110 | -38.5% |
| Profit (loss) for the period | 9904 | -€7,198 | -€17,845 | -€10,647 | -148% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,198 | -€17,845 | -€10,647 | -148% |
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 19 October 2026 via checked.be.