Vlasimmo: 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.
Vlasimmo
Largest movements
- Current investments -€200,000
down €200,000 (-57.1%), from €350,000 to €150,000
- Cash -€59,536
down €59,536 (-55.3%), from €107,635 to €48,099
mainly Other debts (-€250,653) and Tax, wage and social debts (-€50,296)
- Stocks and contracts -€34,748
down €34,748 (-75.7%), from €45,914 to €11,166
- Tangible fixed assets -€10,134
down €10,134 (-53.8%), from €18,845 to €8,711
of which Furniture and vehicles: -€10,134
- Other debts -€250,653
down €250,653 (-75.0%), from €334,081 to €83,427
- Tax, wage and social debts -€50,296
down €50,296 (-96.6%), from €52,061 to €1,765
of which Taxes: -€50,296
- Gross operating margin -€349,474
down €349,474 (-97.7%), from €357,859 to €8,385
- Taxes -€81,178
down €81,178 (-98.4%), from €82,465 to €1,286
- Staff costs -€10,065
down €10,065 (-100.0%), from €10,065 to €0
- Financial income -€4,775
down €4,775 (-56.4%), from €8,467 to €3,692
- Other operating charges -€4,291
down €4,291 (-80.1%), from €5,355 to €1,064
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 | €556,282 | €254,817 | -€301,465 | -54.2% |
| Fixed assets | 21/28 | €18,845 | €8,711 | -€10,134 | -53.8% |
| Tangible fixed assets | 22/27 | €18,845 | €8,711 | -€10,134 | -53.8% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €18,845 | €8,711 | -€10,134 | -53.8% |
| Current assets | 29/58 | €537,437 | €246,106 | -€291,331 | -54.2% |
| Stocks and contracts in progress | 3 | €45,914 | €11,166 | -€34,748 | -75.7% |
| Stocks | 30/36 | €45,914 | €11,166 | -€34,748 | -75.7% |
| Amounts receivable within one year | 40/41 | €33,888 | €36,841 | +€2,953 | +8.7% |
| Trade receivables | 40 | €0 | €24,636 | +€24,636 | |
| Other amounts receivable | 41 | €33,888 | €12,205 | -€21,683 | -64.0% |
| Current investments | 50/53 | €350,000 | €150,000 | -€200,000 | -57.1% |
| Cash at bank and in hand | 54/58 | €107,635 | €48,099 | -€59,536 | -55.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €556,282 | €254,817 | -€301,465 | -54.2% |
| Equity | 10/15 | €161,384 | €160,267 | -€1,117 | -0.7% |
| Contributions | 10/11 | €143,000 | €143,000 | = | 0.0% |
| Capital | 10 | €143,000 | €143,000 | = | 0.0% |
| Issued capital | 100 | €143,000 | €143,000 | = | 0.0% |
| Reserves | 13 | €14,300 | €14,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,300 | €14,300 | = | 0.0% |
| Legal reserve | 130 | €14,300 | €14,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,084 | €2,967 | -€1,117 | -27.4% |
| Amounts payable | 17/49 | €394,897 | €94,550 | -€300,348 | -76.1% |
| Amounts payable within one year | 42/48 | €394,897 | €94,550 | -€300,348 | -76.1% |
| Trade debts | 44 | €8,756 | €9,357 | +€602 | +6.9% |
| Suppliers | 440/4 | €8,756 | €9,357 | +€602 | +6.9% |
| Taxes, remuneration and social security | 45 | €52,061 | €1,765 | -€50,296 | -96.6% |
| Taxes | 450/3 | €52,061 | €1,765 | -€50,296 | -96.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €334,081 | €83,427 | -€250,653 | -75.0% |
| Non-recurring operating income | 76A | €57,723 | €0 | -€57,723 | -100.0% |
| Remuneration, social security and pensions | 62 | €10,065 | €0 | -€10,065 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,719 | €10,134 | +€416 | +4.3% |
| Other operating charges | 640/8 | €5,355 | €1,064 | -€4,291 | -80.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €357,859 | €8,385 | -€349,474 | -97.7% |
| Operating profit (loss) | 9901 | €332,720 | -€2,814 | -€335,534 | |
| Financial income | 75/76B | €8,467 | €3,692 | -€4,775 | -56.4% |
| Recurring financial income | 75 | €8,467 | €3,692 | -€4,775 | -56.4% |
| Financial charges | 65/66B | €1,427 | €709 | -€718 | -50.3% |
| Recurring financial charges | 65 | €1,427 | €709 | -€718 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €339,760 | €169 | -€339,591 | -100.0% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €82,465 | €1,286 | -€81,178 | -98.4% |
| Profit (loss) for the period | 9904 | €257,296 | -€1,117 | -€258,413 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €257,296 | -€1,117 | -€258,413 |
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 9 October 2026 via checked.be.