VIMA PROJECT: 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.
VIMA PROJECT
Largest movements
- Receivables within one year +€54,794
up €54,794 (+80.4%), from €68,187 to €122,981
of which Trade receivables: +€61,083
- Stocks and contracts +€23,707
up €23,707 (+301%), from €7,873 to €31,580
- Cash -€12,809
down €12,809 (-14.0%), from €91,575 to €78,765
mainly Receivables within one year (-€54,794) and Stocks and contracts (-€23,707)
- Profit (loss) carried forward +€75,737
up €75,737 (+56.9%), from €133,000 to €208,737
- Trade debts -€5,576
down €5,576 (-16.9%), from €32,895 to €27,320
- Tax, wage and social debts -€3,023
down €3,023 (-52.4%), from €5,770 to €2,747
of which Taxes: -€1,845
- Other debts -€2,714
down €2,714 (-95.0%), from €2,856 to €142
- Gross operating margin +€42,239
up €42,239 (+61.2%), from €68,969 to €111,208
- Taxes +€9,345
up €9,345 (+78.9%), from €11,850 to €21,195
- Depreciation -€3,364
down €3,364 (-29.3%), from €11,476 to €8,112
- Other operating charges +€1,691
up €1,691 (+42.3%), from €3,996 to €5,687
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 | €179,521 | €243,945 | +€64,424 | +35.9% |
| Fixed assets | 21/28 | €11,233 | €9,202 | -€2,031 | -18.1% |
| Tangible fixed assets | 22/27 | €11,233 | €9,202 | -€2,031 | -18.1% |
| Plant, machinery and equipment | 23 | €1,454 | €4,924 | +€3,469 | +239% |
| Furniture and vehicles | 24 | €9,779 | €4,278 | -€5,501 | -56.3% |
| Current assets | 29/58 | €168,288 | €234,743 | +€66,455 | +39.5% |
| Stocks and contracts in progress | 3 | €7,873 | €31,580 | +€23,707 | +301% |
| Stocks | 30/36 | €7,873 | €31,580 | +€23,707 | +301% |
| Amounts receivable within one year | 40/41 | €68,187 | €122,981 | +€54,794 | +80.4% |
| Trade receivables | 40 | €40,425 | €101,508 | +€61,083 | +151% |
| Other amounts receivable | 41 | €27,762 | €21,473 | -€6,289 | -22.7% |
| Cash at bank and in hand | 54/58 | €91,575 | €78,765 | -€12,809 | -14.0% |
| Deferred charges and accrued income | 490/1 | €654 | €1,416 | +€763 | +117% |
| Total equity and liabilities | 10/49 | €179,521 | €243,945 | +€64,424 | +35.9% |
| Equity | 10/15 | €138,000 | €213,737 | +€75,737 | +54.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,000 | €208,737 | +€75,737 | +56.9% |
| Amounts payable | 17/49 | €41,521 | €30,208 | -€11,313 | -27.2% |
| Amounts payable within one year | 42/48 | €41,521 | €30,208 | -€11,313 | -27.2% |
| Trade debts | 44 | €32,895 | €27,320 | -€5,576 | -16.9% |
| Suppliers | 440/4 | €32,895 | €27,320 | -€5,576 | -16.9% |
| Taxes, remuneration and social security | 45 | €5,770 | €2,747 | -€3,023 | -52.4% |
| Taxes | 450/3 | €1,850 | €5 | -€1,845 | -99.7% |
| Remuneration and social security | 454/9 | €3,920 | €2,742 | -€1,178 | -30.1% |
| Other amounts payable | 47/48 | €2,856 | €142 | -€2,714 | -95.0% |
| Non-recurring operating income | 76A | €11,476 | - | -€11,476 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,476 | €8,112 | -€3,364 | -29.3% |
| Other operating charges | 640/8 | €3,996 | €5,687 | +€1,691 | +42.3% |
| Non-recurring operating charges | 66A | €1,653 | - | -€1,653 | |
| Gross operating margin | 9900 | €68,969 | €111,208 | +€42,239 | +61.2% |
| Operating profit (loss) | 9901 | €51,843 | €97,409 | +€45,565 | +87.9% |
| Financial income | 75/76B | €635 | €44 | -€591 | -93.0% |
| Recurring financial income | 75 | €635 | €44 | -€591 | -93.0% |
| Financial charges | 65/66B | €789 | €521 | -€268 | -34.0% |
| Recurring financial charges | 65 | €789 | €521 | -€268 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €51,689 | €96,932 | +€45,243 | +87.5% |
| Income taxes | 67/77 | €11,850 | €21,195 | +€9,345 | +78.9% |
| Profit (loss) for the period | 9904 | €39,839 | €75,737 | +€35,898 | +90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €39,839 | €75,737 | +€35,898 | +90.1% |
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.