VEMLA: 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.
VEMLA
Largest movements
- Cash +€15,968
up €15,968 (+4435458.3%), from €0 to €15,968
- Tangible fixed assets +€14,875
new in 2024: €14,875
- Receivables after one year +€13,000
up €13,000 (+113.0%), from €11,500 to €24,500
- Tax, wage and social debts +€16,872
new in 2024: €16,872
of which Taxes: +€16,776
- Trade debts +€14,321
up €14,321 (+745.7%), from €1,920 to €16,242
- Reserves +€10,079
up €10,079 (+190.6%), from €5,289 to €15,368
- Profit (loss) carried forward +€2,491
no longer reported in 2024 (was -€2,491)
- Gross operating margin +€39,578
up €39,578, from -€720 to €38,858
- Staff costs +€18,141
new in 2024: €18,141
- Taxes +€4,993
up €4,993 (+855.6%), from €584 to €5,577
- Depreciation +€2,125
new in 2024: €2,125
- Other operating charges +€975
up €975 (+216.0%), from €452 to €1,427
From the 2023 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,500 | €55,343 | +€43,843 | +381.2% |
| Fixed assets | 21/28 | - | €14,875 | +€14,875 | |
| Tangible fixed assets | 22/27 | - | €14,875 | +€14,875 | |
| Furniture and vehicles | 24 | - | €14,875 | +€14,875 | |
| Current assets | 29/58 | €11,500 | €40,468 | +€28,968 | +251.9% |
| Amounts receivable after more than one year | 29 | €11,500 | €24,500 | +€13,000 | +113.0% |
| Other amounts receivable | 291 | €11,500 | €24,500 | +€13,000 | +113.0% |
| Cash at bank and in hand | 54/58 | €0 | €15,968 | +€15,968 | +4435458.3% |
| Total equity and liabilities | 10/49 | €11,500 | €55,343 | +€43,843 | +381.2% |
| Equity | 10/15 | €8,998 | €21,568 | +€12,570 | +139.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,289 | €15,368 | +€10,079 | +190.6% |
| Distributable reserves | 133 | €5,289 | €15,368 | +€10,079 | +190.6% |
| Profit (loss) carried forward | 14 | -€2,491 | - | +€2,491 | |
| Amounts payable | 17/49 | €2,503 | €33,775 | +€31,272 | +1249.5% |
| Amounts payable within one year | 42/48 | €2,503 | €33,775 | +€31,272 | +1249.5% |
| Trade debts | 44 | €1,920 | €16,242 | +€14,321 | +745.7% |
| Suppliers | 440/4 | €1,920 | €16,242 | +€14,321 | +745.7% |
| Taxes, remuneration and social security | 45 | - | €16,872 | +€16,872 | |
| Taxes | 450/3 | - | €16,776 | +€16,776 | |
| Remuneration and social security | 454/9 | - | €96 | +€96 | |
| Other amounts payable | 47/48 | €582 | €661 | +€78 | +13.5% |
| Remuneration, social security and pensions | 62 | - | €18,141 | +€18,141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,125 | +€2,125 | |
| Other operating charges | 640/8 | €452 | €1,427 | +€975 | +216.0% |
| Gross operating margin | 9900 | -€720 | €38,858 | +€39,578 | |
| Operating profit (loss) | 9901 | -€1,172 | €17,165 | +€18,337 | |
| Financial income | 75/76B | €575 | €1,125 | +€550 | +95.7% |
| Recurring financial income | 75 | €575 | €1,125 | +€550 | +95.7% |
| Financial charges | 65/66B | - | €143 | +€143 | |
| Recurring financial charges | 65 | - | €143 | +€143 | |
| Profit (loss) for the period before taxes | 9903 | -€597 | €18,147 | +€18,744 | |
| Income taxes | 67/77 | €584 | €5,577 | +€4,993 | +855.6% |
| Profit (loss) for the period | 9904 | -€1,180 | €12,570 | +€13,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,180 | €12,570 | +€13,750 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.