ViMaLex: 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.
ViMaLex
Largest movements
- Current investments +€922,000
up €922,000 (+92.2%), from €1.0m to €1.9m
- Cash -€106,399
down €106,399 (-76.1%), from €139,810 to €33,411
mainly Current investments (-€922,000) and Receivables within one year (-€30,820)
- Receivables within one year +€30,820
up €30,820 (+23.1%), from €133,333 to €164,153
- Reserves +€590,042
up €590,042 (+62.4%), from €945,774 to €1.5m
- Tax, wage and social debts +€279,915
up €279,915 (+89.4%), from €313,152 to €593,067
- Trade debts -€21,834
down €21,834 (-56.1%), from €38,941 to €17,106
No income-statement line moved by more than 1% of the activity.
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 | €1,312,769 | €2,162,734 | +€849,965 | +64.7% |
| Fixed assets | 21/28 | €39,428 | €42,773 | +€3,345 | +8.5% |
| Tangible fixed assets | 22/27 | €39,428 | €42,773 | +€3,345 | +8.5% |
| Furniture and vehicles | 24 | €15,313 | €14,724 | -€589 | -3.8% |
| Other tangible fixed assets | 26 | €24,114 | €28,048 | +€3,934 | +16.3% |
| Current assets | 29/58 | €1,273,341 | €2,119,961 | +€846,620 | +66.5% |
| Amounts receivable within one year | 40/41 | €133,333 | €164,153 | +€30,820 | +23.1% |
| Trade receivables | 40 | €133,333 | €164,153 | +€30,820 | +23.1% |
| Current investments | 50/53 | €1,000,000 | €1,922,000 | +€922,000 | +92.2% |
| Cash at bank and in hand | 54/58 | €139,810 | €33,411 | -€106,399 | -76.1% |
| Deferred charges and accrued income | 490/1 | €198 | €398 | +€200 | +101.3% |
| Total equity and liabilities | 10/49 | €1,312,769 | €2,162,734 | +€849,965 | +64.7% |
| Equity | 10/15 | €955,774 | €1,545,816 | +€590,042 | +61.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €945,774 | €1,535,816 | +€590,042 | +62.4% |
| Distributable reserves | 133 | €945,774 | €1,535,816 | +€590,042 | +62.4% |
| Amounts payable | 17/49 | €356,995 | €616,918 | +€259,923 | +72.8% |
| Amounts payable within one year | 42/48 | €356,995 | €616,918 | +€259,923 | +72.8% |
| Trade debts | 44 | €38,941 | €17,106 | -€21,834 | -56.1% |
| Suppliers | 440/4 | €38,941 | €17,106 | -€21,834 | -56.1% |
| Taxes, remuneration and social security | 45 | €313,152 | €593,067 | +€279,915 | +89.4% |
| Taxes | 450/3 | €313,152 | €593,067 | +€279,915 | +89.4% |
| Other amounts payable | 47/48 | €4,902 | €6,744 | +€1,842 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,821 | €8,298 | +€4,477 | +117.2% |
| Other operating charges | 640/8 | €1,370 | €1,411 | +€41 | +3.0% |
| Gross operating margin | 9900 | €867,374 | €866,260 | -€1,114 | -0.1% |
| Operating profit (loss) | 9901 | €862,183 | €856,551 | -€5,632 | -0.7% |
| Financial income | 75/76B | €9,181 | €5,820 | -€3,360 | -36.6% |
| Recurring financial income | 75 | €9,181 | €5,820 | -€3,360 | -36.6% |
| Financial charges | 65/66B | €257 | €823 | +€566 | +219.9% |
| Recurring financial charges | 65 | €257 | €823 | +€566 | +219.9% |
| Profit (loss) for the period before taxes | 9903 | €871,106 | €861,548 | -€9,558 | -1.1% |
| Income taxes | 67/77 | €272,547 | €271,505 | -€1,042 | -0.4% |
| Profit (loss) for the period | 9904 | €598,559 | €590,042 | -€8,517 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €598,559 | €590,042 | -€8,517 | -1.4% |
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 28 September 2026 via checked.be.