VIMAS: 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.
VIMAS
Largest movements
- Cash +€26,471
up €26,471 (+31.1%), from €85,245 to €111,716
mainly Net result for the year (+€35,696) and Depreciation (+€15,191)
- Receivables within one year +€25,202
up €25,202 (+347%), from €7,271 to €32,473
of which Trade receivables: +€14,652
- Tangible fixed assets -€7,104
down €7,104 (-3.0%), from €236,166 to €229,062
of which Land and buildings: -€5,048
- Reserves +€35,696
up €35,696 (+22.0%), from €162,163 to €197,859
- Debts after one year -€10,808
down €10,808 (-9.8%), from €109,882 to €99,074
- Trade debts +€10,358
up €10,358 (+231%), from €4,491 to €14,849
- Other debts +€6,339
up €6,339 (+28.2%), from €22,473 to €28,813
- Tax, wage and social debts +€5,164
up €5,164 (+136%), from €3,802 to €8,966
- Gross operating margin +€11,459
up €11,459 (+18.2%), from €63,109 to €74,568
- Taxes +€3,813
up €3,813 (+26.9%), from €14,176 to €17,990
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 | €336,763 | €383,089 | +€46,325 | +13.8% |
| Fixed assets | 21/28 | €236,166 | €229,062 | -€7,104 | -3.0% |
| Tangible fixed assets | 22/27 | €236,166 | €229,062 | -€7,104 | -3.0% |
| Land and buildings | 22 | €233,318 | €228,271 | -€5,048 | -2.2% |
| Plant, machinery and equipment | 23 | €140 | - | -€140 | |
| Furniture and vehicles | 24 | €2,383 | €791 | -€1,591 | -66.8% |
| Other tangible fixed assets | 26 | €324 | - | -€324 | |
| Current assets | 29/58 | €100,598 | €154,027 | +€53,429 | +53.1% |
| Stocks and contracts in progress | 3 | €528 | €3,390 | +€2,861 | +542% |
| Stocks | 30/36 | €528 | €3,390 | +€2,861 | +542% |
| Amounts receivable within one year | 40/41 | €7,271 | €32,473 | +€25,202 | +347% |
| Trade receivables | 40 | €7,271 | €21,923 | +€14,652 | +201% |
| Other amounts receivable | 41 | - | €10,550 | +€10,550 | |
| Cash at bank and in hand | 54/58 | €85,245 | €111,716 | +€26,471 | +31.1% |
| Deferred charges and accrued income | 490/1 | €7,553 | €6,448 | -€1,105 | -14.6% |
| Total equity and liabilities | 10/49 | €336,763 | €383,089 | +€46,325 | +13.8% |
| Equity | 10/15 | €180,763 | €216,459 | +€35,696 | +19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €162,163 | €197,859 | +€35,696 | +22.0% |
| Distributable reserves | 133 | €162,163 | €197,859 | +€35,696 | +22.0% |
| Amounts payable | 17/49 | €156,000 | €166,629 | +€10,629 | +6.8% |
| Amounts payable after more than one year | 17 | €109,882 | €99,074 | -€10,808 | -9.8% |
| Financial debts | 170/4 | €109,882 | €99,074 | -€10,808 | -9.8% |
| Amounts payable within one year | 42/48 | €41,575 | €63,436 | +€21,862 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | €10,808 | €10,808 | = | 0.0% |
| Trade debts | 44 | €4,491 | €14,849 | +€10,358 | +231% |
| Suppliers | 440/4 | €4,491 | €14,849 | +€10,358 | +231% |
| Taxes, remuneration and social security | 45 | €3,802 | €8,966 | +€5,164 | +136% |
| Taxes | 450/3 | €3,802 | €8,966 | +€5,164 | +136% |
| Other amounts payable | 47/48 | €22,473 | €28,813 | +€6,339 | +28.2% |
| Accrued charges and deferred income | 492/3 | €4,544 | €4,120 | -€424 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,195 | €15,191 | -€4 | 0.0% |
| Other operating charges | 640/8 | €2,494 | €2,071 | -€423 | -17.0% |
| Gross operating margin | 9900 | €63,109 | €74,568 | +€11,459 | +18.2% |
| Operating profit (loss) | 9901 | €45,420 | €57,306 | +€11,885 | +26.2% |
| Financial income | 75/76B | €2 | €99 | +€96 | +4,002% |
| Recurring financial income | 75 | €2 | €99 | +€96 | +4,002% |
| Financial charges | 65/66B | €3,780 | €3,719 | -€61 | -1.6% |
| Recurring financial charges | 65 | €3,780 | €3,719 | -€61 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €41,643 | €53,686 | +€12,043 | +28.9% |
| Income taxes | 67/77 | €14,176 | €17,990 | +€3,813 | +26.9% |
| Profit (loss) for the period | 9904 | €27,467 | €35,696 | +€8,229 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,467 | €35,696 | +€8,229 | +30.0% |
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 16 October 2026 via checked.be.