VIMED: 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.
VIMED
Largest movements
- Cash +€42,873
up €42,873 (+25.4%), from €168,870 to €211,744
- Receivables within one year -€28,721
down €28,721 (-30.9%), from €92,868 to €64,147
of which Trade receivables: -€28,802
- Other debts +€52,383
up €52,383 (+344%), from €15,217 to €67,600
- Tax, wage and social debts -€46,243
down €46,243 (-84.6%), from €54,693 to €8,450
of which Taxes: -€46,243
- Reserves +€4,310
up €4,310 (+2.4%), from €177,347 to €181,657
- Gross operating margin -€68,721
down €68,721 (-51.0%), from €134,690 to €65,968
- Taxes -€23,782
down €23,782 (-63.9%), from €37,226 to €13,444
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €267,178 | €278,478 | +€11,300 | +4.2% |
| Fixed assets | 21/28 | €5,042 | €2,363 | -€2,679 | -53.1% |
| Tangible fixed assets | 22/27 | €4,442 | €1,763 | -€2,679 | -60.3% |
| Plant, machinery and equipment | 23 | €977 | €512 | -€465 | -47.6% |
| Furniture and vehicles | 24 | €3,465 | €1,251 | -€2,214 | -63.9% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €262,136 | €276,115 | +€13,979 | +5.3% |
| Amounts receivable within one year | 40/41 | €92,868 | €64,147 | -€28,721 | -30.9% |
| Trade receivables | 40 | €92,854 | €64,053 | -€28,802 | -31.0% |
| Other amounts receivable | 41 | €14 | €95 | +€81 | +581% |
| Cash at bank and in hand | 54/58 | €168,870 | €211,744 | +€42,873 | +25.4% |
| Deferred charges and accrued income | 490/1 | €397 | €224 | -€173 | -43.5% |
| Total equity and liabilities | 10/49 | €267,178 | €278,478 | +€11,300 | +4.2% |
| Equity | 10/15 | €195,947 | €200,257 | +€4,310 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €177,347 | €181,657 | +€4,310 | +2.4% |
| Distributable reserves | 133 | €177,347 | €181,657 | +€4,310 | +2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €71,231 | €78,221 | +€6,990 | +9.8% |
| Amounts payable within one year | 42/48 | €71,127 | €77,276 | +€6,149 | +8.6% |
| Financial debts | 43 | €257 | €74 | -€183 | -71.2% |
| Credit institutions | 430/8 | €257 | €74 | -€183 | -71.2% |
| Trade debts | 44 | €960 | €1,152 | +€192 | +20.0% |
| Suppliers | 440/4 | €960 | €1,152 | +€192 | +20.0% |
| Taxes, remuneration and social security | 45 | €54,693 | €8,450 | -€46,243 | -84.6% |
| Taxes | 450/3 | €54,693 | €8,450 | -€46,243 | -84.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €15,217 | €67,600 | +€52,383 | +344% |
| Accrued charges and deferred income | 492/3 | €105 | €945 | +€841 | +805% |
| Non-recurring operating income | 76A | €5,832 | €22 | -€5,811 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,174 | €1,750 | -€424 | -19.5% |
| Other operating charges | 640/8 | €1,406 | €1,224 | -€183 | -13.0% |
| Non-recurring operating charges | 66A | €735 | €0 | -€735 | -100% |
| Gross operating margin | 9900 | €134,690 | €65,968 | -€68,721 | -51.0% |
| Operating profit (loss) | 9901 | €130,374 | €62,995 | -€67,379 | -51.7% |
| Financial income | 75/76B | €1 | €0 | -€0 | -28.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -28.0% |
| Financial charges | 65/66B | €4,830 | €4,580 | -€250 | -5.2% |
| Recurring financial charges | 65 | €4,830 | €4,580 | -€250 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €125,544 | €58,416 | -€67,128 | -53.5% |
| Income taxes | 67/77 | €37,226 | €13,444 | -€23,782 | -63.9% |
| Profit (loss) for the period | 9904 | €88,319 | €44,972 | -€43,346 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €88,319 | €44,972 | -€43,346 | -49.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 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.