VIMABEL: 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.
VIMABEL
Largest movements
- Stocks and contracts -€14,648
down €14,648 (-61.1%), from €23,964 to €9,316
- Cash -€4,026
down €4,026 (-34.5%), from €11,675 to €7,649
mainly Trade debts (-€10,590) and Net result for the year (-€6,836)
- Intangible fixed assets -€2,343
down €2,343 (-50.6%), from €4,635 to €2,292
- Tangible fixed assets -€1,907
down €1,907 (-44.0%), from €4,334 to €2,427
- Receivables within one year -€1,196
down €1,196 (-32.6%), from €3,675 to €2,479
- Trade debts -€10,590
down €10,590 (-56.3%), from €18,802 to €8,212
- Profit (loss) carried forward -€6,836
down €6,836 (-45.8%), from €14,924 to €8,088
- Tax, wage and social debts -€3,487
down €3,487 (-29.6%), from €11,772 to €8,284
of which Taxes: -€3,945
- Other debts -€3,325
down €3,325 (-71.3%), from €4,661 to €1,337
- Gross operating margin +€16,044
up €16,044 (+73.1%), from €21,962 to €38,006
- Staff costs +€4,877
up €4,877 (+16.8%), from €29,046 to €33,923
- Financial charges +€2,822
up €2,822 (+204%), from €1,381 to €4,203
- Depreciation +€528
up €528 (+14.2%), from €3,722 to €4,250
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 | €50,159 | €25,921 | -€24,237 | -48.3% |
| Fixed assets | 21/28 | €10,569 | €6,319 | -€4,250 | -40.2% |
| Intangible fixed assets | 21 | €4,635 | €2,292 | -€2,343 | -50.6% |
| Tangible fixed assets | 22/27 | €4,334 | €2,427 | -€1,907 | -44.0% |
| Plant, machinery and equipment | 23 | €4,334 | €2,427 | -€1,907 | -44.0% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €39,589 | €19,602 | -€19,987 | -50.5% |
| Stocks and contracts in progress | 3 | €23,964 | €9,316 | -€14,648 | -61.1% |
| Stocks | 30/36 | €23,964 | €9,316 | -€14,648 | -61.1% |
| Amounts receivable within one year | 40/41 | €3,675 | €2,479 | -€1,196 | -32.6% |
| Trade receivables | 40 | €3,675 | €2,479 | -€1,196 | -32.6% |
| Cash at bank and in hand | 54/58 | €11,675 | €7,649 | -€4,026 | -34.5% |
| Deferred charges and accrued income | 490/1 | €276 | €159 | -€117 | -42.4% |
| Total equity and liabilities | 10/49 | €50,159 | €25,921 | -€24,237 | -48.3% |
| Equity | 10/15 | €14,924 | €8,088 | -€6,836 | -45.8% |
| Profit (loss) carried forward | 14 | €14,924 | €8,088 | -€6,836 | -45.8% |
| Amounts payable | 17/49 | €35,235 | €17,833 | -€17,402 | -49.4% |
| Amounts payable within one year | 42/48 | €35,235 | €17,833 | -€17,402 | -49.4% |
| Trade debts | 44 | €18,802 | €8,212 | -€10,590 | -56.3% |
| Suppliers | 440/4 | €18,802 | €8,212 | -€10,590 | -56.3% |
| Taxes, remuneration and social security | 45 | €11,772 | €8,284 | -€3,487 | -29.6% |
| Taxes | 450/3 | €9,463 | €5,518 | -€3,945 | -41.7% |
| Remuneration and social security | 454/9 | €2,309 | €2,767 | +€458 | +19.8% |
| Other amounts payable | 47/48 | €4,661 | €1,337 | -€3,325 | -71.3% |
| Remuneration, social security and pensions | 62 | €29,046 | €33,923 | +€4,877 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,722 | €4,250 | +€528 | +14.2% |
| Other operating charges | 640/8 | €2,822 | €2,466 | -€355 | -12.6% |
| Gross operating margin | 9900 | €21,962 | €38,006 | +€16,044 | +73.1% |
| Operating profit (loss) | 9901 | -€13,628 | -€2,633 | +€10,995 | +80.7% |
| Financial income | 75/76B | €168 | €0 | -€167 | -100.0% |
| Recurring financial income | 75 | €168 | €0 | -€167 | -100.0% |
| Financial charges | 65/66B | €1,381 | €4,203 | +€2,822 | +204% |
| Recurring financial charges | 65 | €1,381 | €4,203 | +€2,822 | +204% |
| Profit (loss) for the period before taxes | 9903 | -€14,841 | -€6,836 | +€8,006 | +53.9% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€14,841 | -€6,836 | +€8,006 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,841 | -€6,836 | +€8,006 | +53.9% |
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 19 October 2026 via checked.be.