VIDELMO: 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.
VIDELMO
Largest movements
- Tangible fixed assets -€16,073
down €16,073 (-13.5%), from €119,259 to €103,186
of which Plant, machinery and equipment: -€11,595
- Cash +€10,315
up €10,315 (+21.0%), from €49,004 to €59,319
mainly Depreciation (+€17,637) and Net result for the year (+€9,406)
- Tax, wage and social debts -€12,311
down €12,311 (-54.6%), from €22,562 to €10,251
of which Remuneration and social security: -€13,507
- Reserves +€9,000
up €9,000 (+28.9%), from €31,113 to €40,113
of which Distributable reserves: +€9,000
- Trade debts -€3,089
down €3,089 (-21.0%), from €14,744 to €11,654
- Staff costs -€8,547
down €8,547 (-15.5%), from €54,964 to €46,417
- Gross operating margin -€2,028
down €2,028 (-2.3%), from €89,304 to €87,275
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 | €190,470 | €183,376 | -€7,094 | -3.7% |
| Fixed assets | 21/28 | €120,341 | €104,268 | -€16,073 | -13.4% |
| Tangible fixed assets | 22/27 | €119,259 | €103,186 | -€16,073 | -13.5% |
| Land and buildings | 22 | €84,952 | €81,734 | -€3,217 | -3.8% |
| Plant, machinery and equipment | 23 | €29,922 | €18,327 | -€11,595 | -38.8% |
| Furniture and vehicles | 24 | €4,385 | €3,125 | -€1,260 | -28.7% |
| Financial fixed assets | 28 | €1,082 | €1,082 | = | 0.0% |
| Current assets | 29/58 | €70,130 | €79,108 | +€8,978 | +12.8% |
| Stocks and contracts in progress | 3 | €9,753 | €9,038 | -€715 | -7.3% |
| Stocks | 30/36 | €9,753 | €9,038 | -€715 | -7.3% |
| Amounts receivable within one year | 40/41 | €7,392 | €6,663 | -€729 | -9.9% |
| Trade receivables | 40 | €649 | €4,167 | +€3,518 | +541.9% |
| Other amounts receivable | 41 | €6,743 | €2,496 | -€4,247 | -63.0% |
| Cash at bank and in hand | 54/58 | €49,004 | €59,319 | +€10,315 | +21.0% |
| Deferred charges and accrued income | 490/1 | €3,981 | €4,088 | +€107 | +2.7% |
| Total equity and liabilities | 10/49 | €190,470 | €183,376 | -€7,094 | -3.7% |
| Equity | 10/15 | €148,219 | €157,625 | +€9,406 | +6.3% |
| Contributions | 10/11 | €81,805 | €81,805 | = | 0.0% |
| Reserves | 13 | €31,113 | €40,113 | +€9,000 | +28.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €22,654 | €22,654 | = | 0.0% |
| Distributable reserves | 133 | €8,459 | €17,459 | +€9,000 | +106.4% |
| Profit (loss) carried forward | 14 | €35,301 | €35,707 | +€406 | +1.2% |
| Amounts payable | 17/49 | €42,252 | €25,751 | -€16,500 | -39.1% |
| Amounts payable within one year | 42/48 | €41,152 | €25,751 | -€15,400 | -37.4% |
| Trade debts | 44 | €14,744 | €11,654 | -€3,089 | -21.0% |
| Suppliers | 440/4 | €14,744 | €11,654 | -€3,089 | -21.0% |
| Taxes, remuneration and social security | 45 | €22,562 | €10,251 | -€12,311 | -54.6% |
| Taxes | 450/3 | €589 | €1,785 | +€1,196 | +202.9% |
| Remuneration and social security | 454/9 | €21,973 | €8,466 | -€13,507 | -61.5% |
| Other amounts payable | 47/48 | €3,846 | €3,846 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,100 | €0 | -€1,100 | -100.0% |
| Non-recurring operating income | 76A | €8,264 | €0 | -€8,264 | -100.0% |
| Remuneration, social security and pensions | 62 | €54,964 | €46,417 | -€8,547 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,152 | €17,637 | -€515 | -2.8% |
| Other operating charges | 640/8 | €8,050 | €8,437 | +€387 | +4.8% |
| Gross operating margin | 9900 | €89,304 | €87,275 | -€2,028 | -2.3% |
| Operating profit (loss) | 9901 | €8,138 | €14,785 | +€6,647 | +81.7% |
| Financial income | 75/76B | €44 | €510 | +€466 | +1049.4% |
| Recurring financial income | 75 | €44 | €510 | +€466 | +1049.4% |
| Financial charges | 65/66B | €511 | €329 | -€183 | -35.7% |
| Recurring financial charges | 65 | €511 | €329 | -€183 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €7,671 | €14,966 | +€7,295 | +95.1% |
| Income taxes | 67/77 | €4,897 | €5,560 | +€663 | +13.5% |
| Profit (loss) for the period | 9904 | €2,774 | €9,406 | +€6,632 | +239.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,774 | €9,406 | +€6,632 | +239.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.