VIMAR: 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.
VIMAR
Largest movements
- Intangible fixed assets -€9,000
down €9,000 (-25.6%), from €35,111 to €26,111
- Tangible fixed assets -€6,185
down €6,185 (-25.1%), from €24,687 to €18,501
- Cash -€4,928
down €4,928 (-58.0%), from €8,502 to €3,574
mainly Net result for the year (-€40,176) and Other debts (-€1,984)
- Stocks and contracts -€2,257
down €2,257 (-36.2%), from €6,240 to €3,983
- Profit (loss) carried forward -€40,176
down €40,176 (-30.7%), from -€130,825 to -€171,001
- Tax, wage and social debts +€19,342
up €19,342 (+81.9%), from €23,630 to €42,972
of which Remuneration and social security: +€19,673
- Other debts -€1,984
down €1,984 (-3.2%), from €61,483 to €59,500
- Trade debts +€1,974
up €1,974 (+51.9%), from €3,804 to €5,778
- Gross operating margin -€17,430
down €17,430 (-28.8%), from €60,566 to €43,135
- Other operating charges -€6,213
down €6,213 (-54.2%), from €11,459 to €5,245
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 | €85,899 | €64,306 | -€21,593 | -25.1% |
| Fixed assets | 21/28 | €70,093 | €54,907 | -€15,185 | -21.7% |
| Intangible fixed assets | 21 | €35,111 | €26,111 | -€9,000 | -25.6% |
| Tangible fixed assets | 22/27 | €24,687 | €18,501 | -€6,185 | -25.1% |
| Land and buildings | 22 | €760 | €570 | -€190 | -25.0% |
| Plant, machinery and equipment | 23 | €7,639 | €5,363 | -€2,276 | -29.8% |
| Furniture and vehicles | 24 | €4,231 | €2,688 | -€1,542 | -36.5% |
| Other tangible fixed assets | 26 | €12,057 | €9,880 | -€2,177 | -18.1% |
| Financial fixed assets | 28 | €10,295 | €10,295 | = | 0.0% |
| Current assets | 29/58 | €15,806 | €9,398 | -€6,408 | -40.5% |
| Stocks and contracts in progress | 3 | €6,240 | €3,983 | -€2,257 | -36.2% |
| Stocks | 30/36 | €6,240 | €3,983 | -€2,257 | -36.2% |
| Amounts receivable within one year | 40/41 | €142 | €600 | +€458 | +324% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €142 | €600 | +€458 | +324% |
| Cash at bank and in hand | 54/58 | €8,502 | €3,574 | -€4,928 | -58.0% |
| Deferred charges and accrued income | 490/1 | €922 | €1,241 | +€319 | +34.6% |
| Total equity and liabilities | 10/49 | €85,899 | €64,306 | -€21,593 | -25.1% |
| Equity | 10/15 | -€110,373 | -€150,549 | -€40,176 | -36.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,825 | -€171,001 | -€40,176 | -30.7% |
| Amounts payable | 17/49 | €196,272 | €214,855 | +€18,583 | +9.5% |
| Amounts payable after more than one year | 17 | €106,605 | €106,605 | = | 0.0% |
| Financial debts | 170/4 | €106,605 | €106,605 | = | 0.0% |
| Amounts payable within one year | 42/48 | €88,917 | €108,250 | +€19,333 | +21.7% |
| Trade debts | 44 | €3,804 | €5,778 | +€1,974 | +51.9% |
| Suppliers | 440/4 | €3,804 | €5,778 | +€1,974 | +51.9% |
| Taxes, remuneration and social security | 45 | €23,630 | €42,972 | +€19,342 | +81.9% |
| Taxes | 450/3 | €2,936 | €2,606 | -€331 | -11.3% |
| Remuneration and social security | 454/9 | €20,694 | €40,367 | +€19,673 | +95.1% |
| Other amounts payable | 47/48 | €61,483 | €59,500 | -€1,984 | -3.2% |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100% |
| Remuneration, social security and pensions | 62 | €62,177 | €62,069 | -€109 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,188 | €15,185 | -€3 | 0.0% |
| Other operating charges | 640/8 | €11,459 | €5,245 | -€6,213 | -54.2% |
| Gross operating margin | 9900 | €60,566 | €43,135 | -€17,430 | -28.8% |
| Operating profit (loss) | 9901 | -€28,258 | -€39,364 | -€11,106 | -39.3% |
| Financial income | 75/76B | €51 | €3 | -€48 | -94.2% |
| Recurring financial income | 75 | €51 | €3 | -€48 | -94.2% |
| Financial charges | 65/66B | €1,074 | €815 | -€259 | -24.1% |
| Recurring financial charges | 65 | €1,074 | €815 | -€259 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,280 | -€40,176 | -€10,896 | -37.2% |
| Income taxes | 67/77 | €144 | €0 | -€144 | -100% |
| Profit (loss) for the period | 9904 | -€29,424 | -€40,176 | -€10,752 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,424 | -€40,176 | -€10,752 | -36.5% |
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 26 October 2026 via checked.be.