VIMOH: 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.
VIMOH
Largest movements
- Current investments -€30,000
down €30,000 (-13.0%), from €230,000 to €200,000
- Tangible fixed assets +€11,870
up €11,870 (+20.5%), from €57,863 to €69,733
of which Plant, machinery and equipment: +€11,870
- Cash +€9,765
up €9,765 (+23.0%), from €42,533 to €52,299
mainly Current investments (+€30,000) and Net result for the year (+€18,462)
- Receivables after one year +€5,600
up €5,600 (+11.2%), from €50,000 to €55,600
- Other debts -€4,544
down €4,544 (-22.9%), from €19,813 to €15,269
- Reserves +€4,129
up €4,129 (+1.9%), from €221,430 to €225,559
of which Distributable reserves: +€4,129
- Taxes -€16,895
down €16,895, from €16,338 to -€557
- Gross operating margin -€7,555
down €7,555 (-28.6%), from €26,431 to €18,876
- Depreciation -€3,885
down €3,885 (-59.6%), from €6,515 to €2,630
- Financial income -€3,588
down €3,588 (-36.1%), from €9,932 to €6,345
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 | €381,096 | €379,531 | -€1,565 | -0.4% |
| Fixed assets | 21/28 | €57,863 | €69,733 | +€11,870 | +20.5% |
| Tangible fixed assets | 22/27 | €57,863 | €69,733 | +€11,870 | +20.5% |
| Land and buildings | 22 | €51,262 | €51,262 | = | 0.0% |
| Plant, machinery and equipment | 23 | €6,601 | €18,471 | +€11,870 | +180% |
| Current assets | 29/58 | €323,233 | €309,798 | -€13,435 | -4.2% |
| Amounts receivable after more than one year | 29 | €50,000 | €55,600 | +€5,600 | +11.2% |
| Other amounts receivable | 291 | €50,000 | €55,600 | +€5,600 | +11.2% |
| Amounts receivable within one year | 40/41 | - | €800 | +€800 | |
| Other amounts receivable | 41 | - | €800 | +€800 | |
| Current investments | 50/53 | €230,000 | €200,000 | -€30,000 | -13.0% |
| Cash at bank and in hand | 54/58 | €42,533 | €52,299 | +€9,765 | +23.0% |
| Deferred charges and accrued income | 490/1 | €700 | €1,099 | +€400 | +57.2% |
| Total equity and liabilities | 10/49 | €381,096 | €379,531 | -€1,565 | -0.4% |
| Equity | 10/15 | €339,381 | €343,509 | +€4,129 | +1.2% |
| Contributions | 10/11 | €117,950 | €117,950 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €55,950 | €55,950 | = | 0.0% |
| Share premium | 1100/10 | €55,950 | €55,950 | = | 0.0% |
| Reserves | 13 | €221,430 | €225,559 | +€4,129 | +1.9% |
| Non-distributable reserves | 130/1 | €4,230 | €4,230 | = | 0.0% |
| Legal reserve | 130 | €4,230 | €4,230 | = | 0.0% |
| Distributable reserves | 133 | €217,200 | €221,329 | +€4,129 | +1.9% |
| Amounts payable | 17/49 | €41,715 | €36,022 | -€5,693 | -13.6% |
| Amounts payable within one year | 42/48 | €41,521 | €35,692 | -€5,830 | -14.0% |
| Trade debts | 44 | €19,934 | €20,423 | +€489 | +2.5% |
| Suppliers | 440/4 | €19,934 | €20,423 | +€489 | +2.5% |
| Taxes, remuneration and social security | 45 | €1,774 | - | -€1,774 | |
| Taxes | 450/3 | €1,774 | - | -€1,774 | |
| Other amounts payable | 47/48 | €19,813 | €15,269 | -€4,544 | -22.9% |
| Accrued charges and deferred income | 492/3 | €194 | €330 | +€136 | +70.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,515 | €2,630 | -€3,885 | -59.6% |
| Other operating charges | 640/8 | €4,369 | €4,482 | +€113 | +2.6% |
| Gross operating margin | 9900 | €26,431 | €18,876 | -€7,555 | -28.6% |
| Operating profit (loss) | 9901 | €15,547 | €11,764 | -€3,782 | -24.3% |
| Financial income | 75/76B | €9,932 | €6,345 | -€3,588 | -36.1% |
| Recurring financial income | 75 | €9,932 | €6,345 | -€3,588 | -36.1% |
| Financial charges | 65/66B | €199 | €205 | +€6 | +3.1% |
| Recurring financial charges | 65 | €199 | €205 | +€6 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €25,281 | €17,905 | -€7,376 | -29.2% |
| Income taxes | 67/77 | €16,338 | -€557 | -€16,895 | |
| Profit (loss) for the period | 9904 | €8,943 | €18,462 | +€9,519 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €8,943 | €18,462 | +€9,519 | +106% |
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.