VEMOKA: 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.
VEMOKA
Largest movements
- Cash +€24,659
up €24,659 (+104%), from €23,630 to €48,289
mainly Net result for the year (+€50,605) and Tax, wage and social debts (+€4,184)
- Reserves +€50,605
up €50,605 (+136%), from €37,274 to €87,878
- Debts after one year -€21,681
down €21,681 (-25.9%), from €83,847 to €62,166
- Other debts -€8,987
down €8,987 (-45.4%), from €19,808 to €10,822
- Tax, wage and social debts +€4,184
up €4,184 (+22.9%), from €18,246 to €22,430
of which Taxes: +€4,184
- Gross operating margin +€25,567
up €25,567 (+58.9%), from €43,376 to €68,943
- Taxes +€4,924
up €4,924 (+59.8%), from €8,239 to €13,163
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 | €182,373 | €208,520 | +€26,147 | +14.3% |
| Fixed assets | 21/28 | €9,000 | €9,000 | = | 0.0% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €173,373 | €199,520 | +€26,147 | +15.1% |
| Amounts receivable after more than one year | 29 | €131,249 | €131,249 | = | 0.0% |
| Other amounts receivable | 291 | €131,249 | €131,249 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,452 | €18,765 | +€1,312 | +7.5% |
| Trade receivables | 40 | €15,730 | €15,730 | = | 0.0% |
| Other amounts receivable | 41 | €1,722 | €3,035 | +€1,312 | +76.2% |
| Cash at bank and in hand | 54/58 | €23,630 | €48,289 | +€24,659 | +104% |
| Deferred charges and accrued income | 490/1 | €1,042 | €1,218 | +€176 | +16.8% |
| Total equity and liabilities | 10/49 | €182,373 | €208,520 | +€26,147 | +14.3% |
| Equity | 10/15 | €38,274 | €88,878 | +€50,605 | +132% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €37,274 | €87,878 | +€50,605 | +136% |
| Distributable reserves | 133 | €37,274 | €87,878 | +€50,605 | +136% |
| Amounts payable | 17/49 | €144,100 | €119,642 | -€24,458 | -17.0% |
| Amounts payable after more than one year | 17 | €83,847 | €62,166 | -€21,681 | -25.9% |
| Financial debts | 170/4 | €83,847 | €62,166 | -€21,681 | -25.9% |
| Amounts payable within one year | 42/48 | €60,252 | €56,287 | -€3,965 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €20,844 | €21,681 | +€837 | +4.0% |
| Trade debts | 44 | €1,354 | €1,354 | = | 0.0% |
| Suppliers | 440/4 | €1,354 | €1,354 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €18,246 | €22,430 | +€4,184 | +22.9% |
| Taxes | 450/3 | €15,246 | €19,430 | +€4,184 | +27.4% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €19,808 | €10,822 | -€8,987 | -45.4% |
| Accrued charges and deferred income | 492/3 | - | €1,189 | +€1,189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €115 | €172 | +€57 | +49.6% |
| Gross operating margin | 9900 | €43,376 | €68,943 | +€25,567 | +58.9% |
| Operating profit (loss) | 9901 | €43,261 | €68,771 | +€25,510 | +59.0% |
| Financial income | 75/76B | €1,312 | €1,571 | +€258 | +19.7% |
| Recurring financial income | 75 | €1,312 | €1,571 | +€258 | +19.7% |
| Financial charges | 65/66B | €6,530 | €6,574 | +€44 | +0.7% |
| Recurring financial charges | 65 | €6,530 | €6,574 | +€44 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €38,044 | €63,767 | +€25,723 | +67.6% |
| Income taxes | 67/77 | €8,239 | €13,163 | +€4,924 | +59.8% |
| Profit (loss) for the period | 9904 | €29,806 | €50,605 | +€20,799 | +69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,806 | €50,605 | +€20,799 | +69.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.