VILMER: 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.
VILMER
Largest movements
- Receivables within one year -€124,253
down €124,253 (-39.6%), from €313,398 to €189,145
of which Trade receivables: -€136,234
- Tangible fixed assets +€87,578
up €87,578 (+423%), from €20,712 to €108,290
of which Furniture and vehicles: +€91,043
- Deferred charges and accrued income -€22,190
no longer reported in 2025 (was €22,190)
- Other debts -€43,976
down €43,976 (-19.8%), from €222,046 to €178,070
- Debts after one year -€4,851
no longer reported in 2025 (was €4,851)
- Current portion of long-term debt -€4,749
down €4,749 (-49.5%), from €9,599 to €4,851
- Staff costs -€61,887
down €61,887 (-97.4%), from €63,519 to €1,631
- Gross operating margin -€60,787
down €60,787 (-61.2%), from €99,376 to €38,589
- Depreciation +€19,513
up €19,513 (+251%), from €7,785 to €27,298
- Other operating charges -€16,896
down €16,896 (-78.2%), from €21,615 to €4,719
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 | €408,046 | €351,398 | -€56,648 | -13.9% |
| Fixed assets | 21/28 | €71,137 | €158,715 | +€87,578 | +123% |
| Tangible fixed assets | 22/27 | €20,712 | €108,290 | +€87,578 | +423% |
| Plant, machinery and equipment | 23 | €6,119 | €2,654 | -€3,465 | -56.6% |
| Furniture and vehicles | 24 | €14,593 | €105,636 | +€91,043 | +624% |
| Financial fixed assets | 28 | €50,425 | €50,425 | = | 0.0% |
| Current assets | 29/58 | €336,909 | €192,683 | -€144,226 | -42.8% |
| Amounts receivable within one year | 40/41 | €313,398 | €189,145 | -€124,253 | -39.6% |
| Trade receivables | 40 | €313,247 | €177,013 | -€136,234 | -43.5% |
| Other amounts receivable | 41 | €152 | €12,133 | +€11,981 | +7,898% |
| Cash at bank and in hand | 54/58 | €1,321 | €3,538 | +€2,217 | +168% |
| Deferred charges and accrued income | 490/1 | €22,190 | - | -€22,190 | |
| Total equity and liabilities | 10/49 | €408,046 | €351,398 | -€56,648 | -13.9% |
| Equity | 10/15 | €167,233 | €168,146 | +€913 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,773 | €147,686 | +€913 | +0.6% |
| Amounts payable | 17/49 | €240,813 | €183,252 | -€57,561 | -23.9% |
| Amounts payable after more than one year | 17 | €4,851 | - | -€4,851 | |
| Financial debts | 170/4 | €4,851 | - | -€4,851 | |
| Amounts payable within one year | 42/48 | €235,962 | €183,252 | -€52,711 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €9,599 | €4,851 | -€4,749 | -49.5% |
| Trade debts | 44 | €4,317 | €331 | -€3,986 | -92.3% |
| Suppliers | 440/4 | €4,317 | €331 | -€3,986 | -92.3% |
| Other amounts payable | 47/48 | €222,046 | €178,070 | -€43,976 | -19.8% |
| Remuneration, social security and pensions | 62 | €63,519 | €1,631 | -€61,887 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,785 | €27,298 | +€19,513 | +251% |
| Other operating charges | 640/8 | €21,615 | €4,719 | -€16,896 | -78.2% |
| Non-recurring operating charges | 66A | €993 | - | -€993 | |
| Gross operating margin | 9900 | €99,376 | €38,589 | -€60,787 | -61.2% |
| Operating profit (loss) | 9901 | €5,465 | €4,941 | -€525 | -9.6% |
| Financial charges | 65/66B | €4,599 | €4,028 | -€571 | -12.4% |
| Recurring financial charges | 65 | €4,599 | €4,028 | -€571 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €866 | €913 | +€47 | +5.4% |
| Profit (loss) for the period | 9904 | €866 | €913 | +€47 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €866 | €913 | +€47 | +5.4% |
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 18 October 2026 via checked.be.