Vlimex: 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.
What changed
Vlimex
NACE 46.832, Wholesale of timber
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€933,523
2024 · €2.5m-€1.6m
Equity
€21.6m
2024 · €20.7m+€852,523
Cash
€115,502
2024 · €78,574+€36,928
Balance sheet total
€27.1m
2024 · €23.7m+€3.4m
Largest movements
Assets
- Receivables after one year +€5.1m
up €5.1m (+54.7%), from €9.3m to €14.4m
- Receivables within one year -€1.6m
down €1.6m (-23.5%), from €6.7m to €5.1m
of which Other amounts receivable: -€1.7m
Equity and liabilities
- Debts after one year +€1.5m
up €1.5m (+106%), from €1.4m to €2.9m
- Other debts +€1.3m
up €1.3m (+125%), from €1.0m to €2.3m
- Reserves +€852,523
up €852,523 (+4.5%), from €19.0m to €19.9m
of which Distributable reserves: +€578,873
Income statement
- Financial income -€1.3m
down €1.3m (-61.9%), from €2.1m to €810,168
of which Non-recurring financial income: -€1.6m
- Turnover -€268,155
down €268,155 (-22.2%), from €1.2m to €938,392
- Taxes -€136,184
down €136,184 (-41.1%), from €331,432 to €195,248
- Services and other goods +€122,277
up €122,277 (+40.6%), from €301,517 to €423,794
- Other operating charges +€39,474
up €39,474 (+324%), from €12,198 to €51,672
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.
Result 2024
€2.5m
Turnover
-€268,155
Other operating income
-€25,535
Goods and materials
+€2,110
Services and other goods
-€122,277
Staff costs
-€22,607
Depreciation
+€27,170
Other operating charges
-€39,474
Financial income
-€1.3m
Financial charges
+€15,910
Taxes
+€136,184
Result 2025
€933,523
raises the resultlowers the result
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.
From operations
-€1.5m
Investment
+€83,244
Financing
+€1.4m
Cash 2024
€78,574
From operations (derived)
-€1.5m
Net result for the year
+€933,523
Depreciation
+€35,141
Receivables after one year
-€5.1m
Smaller working-capital items
+€1,330
Receivables within one year
+€1.6m
Deferred charges and accrued income
+€30,985
Trade debts
-€120,804
Tax, wage and social debts
-€110,164
Other debts
+€1.3m
Investment (derived)
+€83,244
Investment in fixed assets (net)
+€83,244
Financing
+€1.4m
Debts after one year
+€1.5m
Contributions, distributions and other
-€81,000
Cash 2025
€115,502
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,694,782 | €27,100,460 | +€3.4m | +14.4% |
| Fixed assets | 21/28 | €7,586,315 | €7,467,930 | -€118,385 | -1.6% |
| Tangible fixed assets | 22/27 | €185,872 | €67,487 | -€118,385 | -63.7% |
| Furniture and vehicles | 24 | €185,872 | €67,487 | -€118,385 | -63.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €7,400,443 | €7,400,443 | = | 0.0% |
| Affiliated companies | 280/1 | €7,062,918 | €7,062,918 | = | 0.0% |
| Participating interests | 280 | €7,062,918 | €7,062,918 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €337,275 | €337,275 | = | 0.0% |
| Participating interests | 282 | €337,275 | €337,275 | = | 0.0% |
| Other financial fixed assets | 284/8 | €250 | €250 | = | 0.0% |
| Shares | 284 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €16,108,467 | €19,632,530 | +€3.5m | +21.9% |
| Amounts receivable after more than one year | 29 | €9,309,520 | €14,400,984 | +€5.1m | +54.7% |
| Other amounts receivable | 291 | €9,309,520 | €14,400,984 | +€5.1m | +54.7% |
| Stocks and contracts in progress | 3 | €4,170 | €0 | -€4,170 | -100% |
| Stocks | 30/36 | €4,170 | €0 | -€4,170 | -100% |
| Goods purchased for resale | 34 | €4,170 | €0 | -€4,170 | -100% |
| Amounts receivable within one year | 40/41 | €6,683,465 | €5,114,292 | -€1.6m | -23.5% |
| Trade receivables | 40 | €15,676 | €195,043 | +€179,367 | +1,144% |
| Other amounts receivable | 41 | €6,667,789 | €4,919,249 | -€1.7m | -26.2% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €78,574 | €115,502 | +€36,928 | +47.0% |
| Deferred charges and accrued income | 490/1 | €32,737 | €1,752 | -€30,985 | -94.6% |
| Total equity and liabilities | 10/49 | €23,694,782 | €27,100,460 | +€3.4m | +14.4% |
| Equity | 10/15 | €20,735,955 | €21,588,478 | +€852,523 | +4.1% |
| Contributions | 10/11 | €1,696,072 | €1,696,072 | = | 0.0% |
| Capital | 10 | €1,696,000 | €1,696,000 | = | 0.0% |
| Issued capital | 100 | €1,696,000 | €1,696,000 | = | 0.0% |
| Contributions outside capital | 11 | €72 | €72 | = | 0.0% |
| Share premium | 1100/10 | €72 | €72 | = | 0.0% |
| Reserves | 13 | €19,039,883 | €19,892,406 | +€852,523 | +4.5% |
| Non-distributable reserves | 130/1 | €169,600 | €169,600 | = | 0.0% |
| Legal reserve | 130 | €169,600 | €169,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,443,724 | €2,717,374 | +€273,650 | +11.2% |
| Distributable reserves | 133 | €16,426,559 | €17,005,432 | +€578,873 | +3.5% |
| Amounts payable | 17/49 | €2,958,828 | €5,511,983 | +€2.6m | +86.3% |
| Amounts payable after more than one year | 17 | €1,422,706 | €2,930,741 | +€1.5m | +106% |
| Financial debts | 170/4 | €1,422,706 | €2,930,741 | +€1.5m | +106% |
| Other loans | 174 | €1,422,706 | €2,930,741 | +€1.5m | +106% |
| Amounts payable within one year | 42/48 | €1,529,522 | €2,581,242 | +€1.1m | +68.8% |
| Trade debts | 44 | €153,830 | €33,026 | -€120,804 | -78.5% |
| Suppliers | 440/4 | €153,830 | €33,026 | -€120,804 | -78.5% |
| Advances received on contracts in progress | 46 | - | €3,759 | +€3,759 | |
| Taxes, remuneration and social security | 45 | €350,320 | €240,155 | -€110,164 | -31.4% |
| Taxes | 450/3 | €252,812 | €71,358 | -€181,454 | -71.8% |
| Remuneration and social security | 454/9 | €97,507 | €168,797 | +€71,290 | +73.1% |
| Other amounts payable | 47/48 | €1,025,373 | €2,304,302 | +€1.3m | +125% |
| Accrued charges and deferred income | 492/3 | €6,599 | €0 | -€6,599 | -100% |
| Operating income | 70/76A | €2,339,981 | €2,046,290 | -€293,691 | -12.6% |
| Turnover | 70 | €1,206,547 | €938,392 | -€268,155 | -22.2% |
| Other operating income | 74 | €1,133,434 | €1,107,898 | -€25,535 | -2.3% |
| Operating charges | 60/66A | €1,461,862 | €1,616,940 | +€155,078 | +10.6% |
| Goods for resale, raw materials and consumables | 60 | €55,388 | €53,278 | -€2,110 | -3.8% |
| Purchases | 600/8 | €36,038 | €49,107 | +€13,069 | +36.3% |
| Change in stocks: decrease (increase) | 609 | €19,350 | €4,170 | -€15,179 | -78.4% |
| Services and other goods | 61 | €301,517 | €423,794 | +€122,277 | +40.6% |
| Remuneration, social security and pensions | 62 | €1,030,447 | €1,053,054 | +€22,607 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,311 | €35,141 | -€27,170 | -43.6% |
| Other operating charges | 640/8 | €12,198 | €51,672 | +€39,474 | +324% |
| Operating profit (loss) | 9901 | €878,120 | €429,351 | -€448,769 | -51.1% |
| Financial income | 75/76B | €2,125,038 | €810,168 | -€1.3m | -61.9% |
| Recurring financial income | 75 | €518,082 | €810,168 | +€292,085 | +56.4% |
| Income from financial fixed assets | 750 | €7,523 | €304,102 | +€296,579 | +3,942% |
| Income from current assets | 751 | €499,025 | €456,066 | -€42,960 | -8.6% |
| Other financial income | 752/9 | €11,534 | €50,000 | +€38,466 | +334% |
| Non-recurring financial income | 76B | €1,606,956 | €0 | -€1.6m | -100% |
| Financial charges | 65/66B | €126,657 | €110,747 | -€15,910 | -12.6% |
| Recurring financial charges | 65 | €114,158 | €110,747 | -€3,411 | -3.0% |
| Debt charges | 650 | €113,103 | €109,584 | -€3,519 | -3.1% |
| Other financial charges | 652/9 | €1,054 | €1,163 | +€109 | +10.3% |
| Non-recurring financial charges | 66B | €12,499 | €0 | -€12,499 | -100% |
| Profit (loss) for the period before taxes | 9903 | €2,876,501 | €1,128,771 | -€1.7m | -60.8% |
| Income taxes | 67/77 | €331,432 | €195,248 | -€136,184 | -41.1% |
| Taxes | 670/3 | €331,432 | €195,248 | -€136,184 | -41.1% |
| Profit (loss) for the period | 9904 | €2,545,069 | €933,523 | -€1.6m | -63.3% |
| Transfer to tax-exempt reserves | 689 | €492,570 | €273,650 | -€218,920 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,052,499 | €659,873 | -€1.4m | -67.9% |
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 15 October 2026 via checked.be.