VIMACOS: 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.
VIMACOS
Largest movements
- Receivables within one year -€114,359
down €114,359 (-63.7%), from €179,390 to €65,031
of which Other amounts receivable: -€174,359
- Deferred charges and accrued income -€45,000
no longer reported in 2025 (was €45,000)
- Tangible fixed assets -€39,384
down €39,384 (-5.8%), from €680,314 to €640,929
of which Land and buildings: -€20,245
- Reserves -€225,818
no longer reported in 2025 (was €225,818)
- Other debts +€151,404
new in 2025: €151,404
- Debts after one year -€53,190
down €53,190 (-8.2%), from €646,358 to €593,167
- Tax, wage and social debts -€48,697
down €48,697 (-82.6%), from €58,951 to €10,254
- Profit (loss) carried forward -€25,000
down €25,000 (-29.8%), from €83,761 to €58,761
- Gross operating margin +€64,063
up €64,063 (+32.4%), from €197,991 to €262,053
- Depreciation -€44,776
down €44,776 (-49.9%), from €89,763 to €44,987
- Taxes +€22,835
up €22,835 (+99.7%), from €22,912 to €45,747
- Financial charges +€20,383
up €20,383 (+2647.2%), from €770 to €21,152
- Other operating charges -€4,316
down €4,316 (-60.2%), from €7,170 to €2,854
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 | €1,071,698 | €874,299 | -€197,399 | -18.4% |
| Fixed assets | 21/28 | €680,314 | €640,929 | -€39,384 | -5.8% |
| Tangible fixed assets | 22/27 | €680,314 | €640,929 | -€39,384 | -5.8% |
| Land and buildings | 22 | €607,232 | €586,987 | -€20,245 | -3.3% |
| Plant, machinery and equipment | 23 | €39,669 | €35,222 | -€4,448 | -11.2% |
| Furniture and vehicles | 24 | €33,412 | €18,721 | -€14,692 | -44.0% |
| Current assets | 29/58 | €391,384 | €233,370 | -€158,014 | -40.4% |
| Amounts receivable within one year | 40/41 | €179,390 | €65,031 | -€114,359 | -63.7% |
| Trade receivables | 40 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 41 | €179,390 | €5,031 | -€174,359 | -97.2% |
| Current investments | 50/53 | €20,491 | €20,491 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €146,503 | €147,848 | +€1,344 | +0.9% |
| Deferred charges and accrued income | 490/1 | €45,000 | - | -€45,000 | |
| Total equity and liabilities | 10/49 | €1,071,698 | €874,299 | -€197,399 | -18.4% |
| Equity | 10/15 | €314,579 | €63,761 | -€250,818 | -79.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €225,818 | - | -€225,818 | |
| Distributable reserves | 133 | €225,818 | - | -€225,818 | |
| Profit (loss) carried forward | 14 | €83,761 | €58,761 | -€25,000 | -29.8% |
| Amounts payable | 17/49 | €757,119 | €810,538 | +€53,419 | +7.1% |
| Amounts payable after more than one year | 17 | €646,358 | €593,167 | -€53,190 | -8.2% |
| Financial debts | 170/4 | €646,358 | €593,167 | -€53,190 | -8.2% |
| Amounts payable within one year | 42/48 | €110,761 | €217,370 | +€106,610 | +96.3% |
| Current portion of amounts payable after more than one year | 42 | €45,931 | €50,215 | +€4,284 | +9.3% |
| Trade debts | 44 | €5,879 | €5,497 | -€382 | -6.5% |
| Suppliers | 440/4 | €5,879 | €5,497 | -€382 | -6.5% |
| Taxes, remuneration and social security | 45 | €58,951 | €10,254 | -€48,697 | -82.6% |
| Taxes | 450/3 | €58,951 | €10,254 | -€48,697 | -82.6% |
| Other amounts payable | 47/48 | - | €151,404 | +€151,404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,763 | €44,987 | -€44,776 | -49.9% |
| Other operating charges | 640/8 | €7,170 | €2,854 | -€4,316 | -60.2% |
| Gross operating margin | 9900 | €197,991 | €262,053 | +€64,063 | +32.4% |
| Operating profit (loss) | 9901 | €101,058 | €214,213 | +€113,155 | +112.0% |
| Financial income | 75/76B | €6,386 | €4,092 | -€2,294 | -35.9% |
| Recurring financial income | 75 | €6,386 | €4,092 | -€2,294 | -35.9% |
| Financial charges | 65/66B | €770 | €21,152 | +€20,383 | +2647.2% |
| Recurring financial charges | 65 | €770 | €21,152 | +€20,383 | +2647.2% |
| Profit (loss) for the period before taxes | 9903 | €106,674 | €197,152 | +€90,478 | +84.8% |
| Income taxes | 67/77 | €22,912 | €45,747 | +€22,835 | +99.7% |
| Profit (loss) for the period | 9904 | €83,761 | €151,404 | +€67,643 | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,761 | €151,404 | +€67,643 | +80.8% |
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 6 October 2026 via checked.be.