VIMODA LOGISTICS: 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.
VIMODA LOGISTICS
Largest movements
- Cash -€40,107
down €40,107 (-74.8%), from €53,621 to €13,514
mainly Investment in fixed assets (net) (-€66,726) and Net result for the year (-€49,293)
- Tangible fixed assets +€31,111
up €31,111 (+4.6%), from €678,972 to €710,082
of which Leasing and similar rights: +€104,617
- Receivables within one year +€25,749
up €25,749 (+36.6%), from €70,364 to €96,114
of which Other amounts receivable: +€36,888
- Deferred charges and accrued income +€14,727
new in 2025: €14,727
- Reserves -€49,293
down €49,293 (-58.1%), from €84,819 to €35,525
- Debts after one year +€30,034
up €30,034 (+7.0%), from €430,991 to €461,025
- Current portion of long-term debt +€29,048
up €29,048 (+64.9%), from €44,733 to €73,781
- Other debts +€27,084
up €27,084 (+37.7%), from €71,891 to €98,976
- Gross operating margin -€87,840
down €87,840 (-19.5%), from €450,254 to €362,414
- Financial charges +€20,474
up €20,474 (+123.4%), from €16,585 to €37,059
of which Non-recurring financial charges: +€15,744
- Taxes -€17,965
no longer reported in 2025 (was €17,965)
- Staff costs +€17,368
up €17,368 (+5.9%), from €295,515 to €312,884
- Write-downs +€7,429
new in 2025: €7,429
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 | €840,259 | €866,739 | +€26,479 | +3.2% |
| Fixed assets | 21/28 | €716,274 | €742,385 | +€26,111 | +3.6% |
| Intangible fixed assets | 21 | €37,302 | €32,302 | -€5,000 | -13.4% |
| Tangible fixed assets | 22/27 | €678,972 | €710,082 | +€31,111 | +4.6% |
| Land and buildings | 22 | €623,259 | €600,516 | -€22,743 | -3.6% |
| Plant, machinery and equipment | 23 | €290 | - | -€290 | |
| Furniture and vehicles | 24 | €55,422 | €4,949 | -€50,473 | -91.1% |
| Leasing and similar rights | 25 | - | €104,617 | +€104,617 | |
| Current assets | 29/58 | €123,985 | €124,354 | +€369 | +0.3% |
| Amounts receivable within one year | 40/41 | €70,364 | €96,114 | +€25,749 | +36.6% |
| Trade receivables | 40 | €70,364 | €59,226 | -€11,139 | -15.8% |
| Other amounts receivable | 41 | - | €36,888 | +€36,888 | |
| Cash at bank and in hand | 54/58 | €53,621 | €13,514 | -€40,107 | -74.8% |
| Deferred charges and accrued income | 490/1 | - | €14,727 | +€14,727 | |
| Total equity and liabilities | 10/49 | €840,259 | €866,739 | +€26,479 | +3.2% |
| Equity | 10/15 | €141,819 | €92,525 | -€49,293 | -34.8% |
| Contributions | 10/11 | €57,000 | €57,000 | = | 0.0% |
| Reserves | 13 | €84,819 | €35,525 | -€49,293 | -58.1% |
| Distributable reserves | 133 | €84,819 | €35,525 | -€49,293 | -58.1% |
| Amounts payable | 17/49 | €698,441 | €774,214 | +€75,773 | +10.8% |
| Amounts payable after more than one year | 17 | €430,991 | €461,025 | +€30,034 | +7.0% |
| Financial debts | 170/4 | €430,991 | €461,025 | +€30,034 | +7.0% |
| Amounts payable within one year | 42/48 | €267,450 | €313,189 | +€45,738 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €44,733 | €73,781 | +€29,048 | +64.9% |
| Financial debts | 43 | €3,704 | €6,734 | +€3,030 | +81.8% |
| Credit institutions | 430/8 | €3,704 | €6,734 | +€3,030 | +81.8% |
| Trade debts | 44 | €67,784 | €63,768 | -€4,016 | -5.9% |
| Suppliers | 440/4 | €67,784 | €63,768 | -€4,016 | -5.9% |
| Advances received on contracts in progress | 46 | €5,203 | - | -€5,203 | |
| Taxes, remuneration and social security | 45 | €74,134 | €69,930 | -€4,204 | -5.7% |
| Taxes | 450/3 | €42,125 | €38,542 | -€3,584 | -8.5% |
| Remuneration and social security | 454/9 | €32,009 | €31,389 | -€621 | -1.9% |
| Other amounts payable | 47/48 | €71,891 | €98,976 | +€27,084 | +37.7% |
| Remuneration, social security and pensions | 62 | €295,515 | €312,884 | +€17,368 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,430 | €40,615 | +€1,186 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,429 | +€7,429 | |
| Other operating charges | 640/8 | €18,844 | €11,747 | -€7,097 | -37.7% |
| Non-recurring operating charges | 66A | - | €2,178 | +€2,178 | |
| Gross operating margin | 9900 | €450,254 | €362,414 | -€87,840 | -19.5% |
| Operating profit (loss) | 9901 | €96,466 | -€12,439 | -€108,905 | |
| Financial income | 75/76B | €357 | €205 | -€152 | -42.6% |
| Recurring financial income | 75 | €357 | €205 | -€152 | -42.6% |
| Financial charges | 65/66B | €16,585 | €37,059 | +€20,474 | +123.4% |
| Recurring financial charges | 65 | €16,585 | €21,315 | +€4,730 | +28.5% |
| Non-recurring financial charges | 66B | - | €15,744 | +€15,744 | |
| Profit (loss) for the period before taxes | 9903 | €80,237 | -€49,293 | -€129,531 | |
| Income taxes | 67/77 | €17,965 | - | -€17,965 | |
| Profit (loss) for the period | 9904 | €62,273 | -€49,293 | -€111,566 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,273 | -€49,293 | -€111,566 |
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 7 October 2026 via checked.be.