VIMA: 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.
VIMA
Largest movements
- Cash +€73,977
up €73,977 (+71.1%), from €104,048 to €178,025
mainly Net result for the year (+€79,702) and Other debts (+€78,242)
- Current investments -€45,875
down €45,875 (-7.6%), from €607,588 to €561,712
- Tangible fixed assets +€19,570
up €19,570 (+125.5%), from €15,590 to €35,160
of which Land and buildings: +€22,546
- Receivables within one year +€10,950
up €10,950 (+40.6%), from €27,000 to €37,950
of which Other amounts receivable: +€9,300
- Other debts +€78,242
up €78,242 (+32.0%), from €244,718 to €322,960
- Reserves -€20,400
down €20,400 (-5.1%), from €396,781 to €376,381
of which Distributable reserves: -€20,400
- Depreciation -€10,933
down €10,933 (-72.1%), from €15,158 to €4,225
- Gross operating margin +€4,367
up €4,367 (+3.9%), from €112,765 to €117,133
- Financial charges +€2,577
up €2,577 (+17.2%), from €15,026 to €17,603
- Taxes +€2,110
up €2,110 (+7.3%), from €28,871 to €30,981
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 | €767,352 | €826,890 | +€59,539 | +7.8% |
| Fixed assets | 21/28 | €15,590 | €35,160 | +€19,570 | +125.5% |
| Tangible fixed assets | 22/27 | €15,590 | €35,160 | +€19,570 | +125.5% |
| Land and buildings | 22 | €3,500 | €26,046 | +€22,546 | +644.2% |
| Plant, machinery and equipment | 23 | €2,243 | €1,704 | -€539 | -24.0% |
| Furniture and vehicles | 24 | €9,847 | €7,410 | -€2,437 | -24.8% |
| Current assets | 29/58 | €751,761 | €791,730 | +€39,969 | +5.3% |
| Amounts receivable after more than one year | 29 | €11,208 | €12,102 | +€894 | +8.0% |
| Other amounts receivable | 291 | €11,208 | €12,102 | +€894 | +8.0% |
| Amounts receivable within one year | 40/41 | €27,000 | €37,950 | +€10,950 | +40.6% |
| Trade receivables | 40 | €19,600 | €21,250 | +€1,650 | +8.4% |
| Other amounts receivable | 41 | €7,400 | €16,700 | +€9,300 | +125.7% |
| Current investments | 50/53 | €607,588 | €561,712 | -€45,875 | -7.6% |
| Cash at bank and in hand | 54/58 | €104,048 | €178,025 | +€73,977 | +71.1% |
| Deferred charges and accrued income | 490/1 | €1,918 | €1,941 | +€23 | +1.2% |
| Total equity and liabilities | 10/49 | €767,352 | €826,890 | +€59,539 | +7.8% |
| Equity | 10/15 | €492,827 | €472,529 | -€20,298 | -4.1% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €396,781 | €376,381 | -€20,400 | -5.1% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €389,781 | €369,381 | -€20,400 | -5.2% |
| Profit (loss) carried forward | 14 | €46,467 | €46,569 | +€102 | +0.2% |
| Amounts payable | 17/49 | €274,525 | €354,361 | +€79,837 | +29.1% |
| Amounts payable within one year | 42/48 | €259,655 | €337,918 | +€78,263 | +30.1% |
| Trade debts | 44 | €6,912 | €1,998 | -€4,914 | -71.1% |
| Suppliers | 440/4 | €6,912 | €1,998 | -€4,914 | -71.1% |
| Taxes, remuneration and social security | 45 | €8,025 | €12,960 | +€4,935 | +61.5% |
| Taxes | 450/3 | €8,025 | €12,960 | +€4,935 | +61.5% |
| Other amounts payable | 47/48 | €244,718 | €322,960 | +€78,242 | +32.0% |
| Accrued charges and deferred income | 492/3 | €14,870 | €16,443 | +€1,573 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,158 | €4,225 | -€10,933 | -72.1% |
| Other operating charges | 640/8 | €1,313 | €1,275 | -€38 | -2.9% |
| Gross operating margin | 9900 | €112,765 | €117,133 | +€4,367 | +3.9% |
| Operating profit (loss) | 9901 | €96,295 | €111,633 | +€15,338 | +15.9% |
| Financial income | 75/76B | €16,063 | €16,653 | +€591 | +3.7% |
| Recurring financial income | 75 | €16,063 | €16,653 | +€591 | +3.7% |
| Financial charges | 65/66B | €15,026 | €17,603 | +€2,577 | +17.2% |
| Recurring financial charges | 65 | €15,026 | €17,603 | +€2,577 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €97,331 | €110,683 | +€13,352 | +13.7% |
| Income taxes | 67/77 | €28,871 | €30,981 | +€2,110 | +7.3% |
| Profit (loss) for the period | 9904 | €68,461 | €79,702 | +€11,242 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,461 | €79,702 | +€11,242 | +16.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.