Vleminckx: 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.
Vleminckx
Largest movements
- Tangible fixed assets -€10,747
down €10,747 (-7.9%), from €135,392 to €124,645
of which Leasing and similar rights: -€5,640
- Cash +€9,990
up €9,990 (+138%), from €7,233 to €17,223
mainly Depreciation (+€10,747) and Net result for the year (+€10,605)
- Stocks and contracts +€3,957
up €3,957 (+2.3%), from €170,219 to €174,176
- Current portion of long-term debt -€16,768
down €16,768 (-87.2%), from €19,230 to €2,462
- Reserves +€10,500
up €10,500 (+4.5%), from €234,412 to €244,912
of which Distributable reserves: +€10,500
- Trade debts +€8,998
up €8,998 (+172%), from €5,246 to €14,244
- Tax, wage and social debts +€6,652
up €6,652 (+128%), from €5,212 to €11,864
- Other debts -€4,035
down €4,035 (-15.6%), from €25,901 to €21,866
- Depreciation -€10,036
down €10,036 (-48.3%), from €20,784 to €10,747
- Taxes +€3,884
up €3,884 (+209%), from €1,857 to €5,741
- Other operating charges -€1,856
down €1,856 (-39.7%), from €4,669 to €2,813
- Gross operating margin +€621
up €621 (+2.0%), from €30,497 to €31,118
- Financial charges -€599
down €599 (-32.8%), from €1,823 to €1,224
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 | €325,643 | €328,125 | +€2,482 | +0.8% |
| Fixed assets | 21/28 | €135,491 | €124,744 | -€10,747 | -7.9% |
| Tangible fixed assets | 22/27 | €135,392 | €124,645 | -€10,747 | -7.9% |
| Land and buildings | 22 | €99,285 | €99,106 | -€179 | -0.2% |
| Plant, machinery and equipment | 23 | €14,365 | €11,738 | -€2,627 | -18.3% |
| Furniture and vehicles | 24 | €5,719 | €3,417 | -€2,301 | -40.2% |
| Leasing and similar rights | 25 | €16,024 | €10,384 | -€5,640 | -35.2% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €190,152 | €203,382 | +€13,229 | +7.0% |
| Stocks and contracts in progress | 3 | €170,219 | €174,176 | +€3,957 | +2.3% |
| Stocks | 30/36 | €170,219 | €174,176 | +€3,957 | +2.3% |
| Amounts receivable within one year | 40/41 | €7,243 | €6,979 | -€264 | -3.6% |
| Trade receivables | 40 | €7,243 | €6,979 | -€264 | -3.6% |
| Cash at bank and in hand | 54/58 | €7,233 | €17,223 | +€9,990 | +138% |
| Deferred charges and accrued income | 490/1 | €5,458 | €5,004 | -€454 | -8.3% |
| Total equity and liabilities | 10/49 | €325,643 | €328,125 | +€2,482 | +0.8% |
| Equity | 10/15 | €256,805 | €267,410 | +€10,605 | +4.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €234,412 | €244,912 | +€10,500 | +4.5% |
| Tax-exempt reserves | 132 | €28,548 | €28,548 | = | 0.0% |
| Distributable reserves | 133 | €205,863 | €216,363 | +€10,500 | +5.1% |
| Profit (loss) carried forward | 14 | €3,802 | €3,906 | +€105 | +2.8% |
| Amounts payable | 17/49 | €68,838 | €60,715 | -€8,123 | -11.8% |
| Amounts payable after more than one year | 17 | €13,249 | €10,279 | -€2,970 | -22.4% |
| Financial debts | 170/4 | €13,249 | €10,279 | -€2,970 | -22.4% |
| Amounts payable within one year | 42/48 | €55,589 | €50,437 | -€5,153 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €19,230 | €2,462 | -€16,768 | -87.2% |
| Trade debts | 44 | €5,246 | €14,244 | +€8,998 | +172% |
| Suppliers | 440/4 | €5,246 | €14,244 | +€8,998 | +172% |
| Taxes, remuneration and social security | 45 | €5,212 | €11,864 | +€6,652 | +128% |
| Taxes | 450/3 | €5,212 | €11,864 | +€6,652 | +128% |
| Other amounts payable | 47/48 | €25,901 | €21,866 | -€4,035 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,784 | €10,747 | -€10,036 | -48.3% |
| Other operating charges | 640/8 | €4,669 | €2,813 | -€1,856 | -39.7% |
| Gross operating margin | 9900 | €30,497 | €31,118 | +€621 | +2.0% |
| Operating profit (loss) | 9901 | €5,044 | €17,557 | +€12,513 | +248% |
| Financial income | 75/76B | €39 | €13 | -€26 | -67.2% |
| Recurring financial income | 75 | €39 | €13 | -€26 | -67.2% |
| Financial charges | 65/66B | €1,823 | €1,224 | -€599 | -32.8% |
| Recurring financial charges | 65 | €1,823 | €1,224 | -€599 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €3,260 | €16,346 | +€13,085 | +401% |
| Income taxes | 67/77 | €1,857 | €5,741 | +€3,884 | +209% |
| Profit (loss) for the period | 9904 | €1,403 | €10,605 | +€9,202 | +656% |
| Profit (loss) for the period to be appropriated | 9905 | €1,403 | €10,605 | +€9,202 | +656% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.