VLIMMA: 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.
VLIMMA
Largest movements
- Cash +€11,098
up €11,098 (+198.8%), from €5,581 to €16,678
mainly Net result for the year (+€13,855) and Receivables within one year (+€2,004)
- Tangible fixed assets +€3,481
new in 2025: €3,481
of which Plant, machinery and equipment: +€2,333
- Receivables within one year -€2,004
down €2,004 (-15.2%), from €13,179 to €11,175
of which Other amounts receivable: -€3,569
- Reserves +€13,855
up €13,855 (+109.2%), from €12,684 to €26,540
- Trade debts -€1,599
down €1,599 (-30.1%), from €5,305 to €3,706
- Tax, wage and social debts +€323
new in 2025: €323
- Gross operating margin +€26,066
up €26,066, from -€7,797 to €18,269
- Taxes +€2,854
up €2,854 (+1823.2%), from €157 to €3,011
- Financial income -€332
down €332 (-90.3%), from €368 to €36
- Depreciation +€245
new in 2025: €245
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 | €18,990 | €31,569 | +€12,579 | +66.2% |
| Fixed assets | 21/28 | - | €3,481 | +€3,481 | |
| Tangible fixed assets | 22/27 | - | €3,481 | +€3,481 | |
| Plant, machinery and equipment | 23 | - | €2,333 | +€2,333 | |
| Furniture and vehicles | 24 | - | €1,147 | +€1,147 | |
| Current assets | 29/58 | €18,990 | €28,088 | +€9,098 | +47.9% |
| Amounts receivable within one year | 40/41 | €13,179 | €11,175 | -€2,004 | -15.2% |
| Trade receivables | 40 | €526 | €2,092 | +€1,565 | +297.4% |
| Other amounts receivable | 41 | €12,653 | €9,084 | -€3,569 | -28.2% |
| Cash at bank and in hand | 54/58 | €5,581 | €16,678 | +€11,098 | +198.8% |
| Deferred charges and accrued income | 490/1 | €230 | €234 | +€5 | +2.0% |
| Total equity and liabilities | 10/49 | €18,990 | €31,569 | +€12,579 | +66.2% |
| Equity | 10/15 | €13,684 | €27,540 | +€13,855 | +101.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €12,684 | €26,540 | +€13,855 | +109.2% |
| Distributable reserves | 133 | €12,684 | €26,540 | +€13,855 | +109.2% |
| Amounts payable | 17/49 | €5,305 | €4,029 | -€1,276 | -24.1% |
| Amounts payable within one year | 42/48 | €5,305 | €4,029 | -€1,276 | -24.1% |
| Trade debts | 44 | €5,305 | €3,706 | -€1,599 | -30.1% |
| Suppliers | 440/4 | €5,305 | €3,706 | -€1,599 | -30.1% |
| Taxes, remuneration and social security | 45 | - | €323 | +€323 | |
| Taxes | 450/3 | - | €323 | +€323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €245 | +€245 | |
| Other operating charges | 640/8 | €692 | €851 | +€158 | +22.9% |
| Gross operating margin | 9900 | -€7,797 | €18,269 | +€26,066 | |
| Operating profit (loss) | 9901 | -€8,489 | €17,174 | +€25,663 | |
| Financial income | 75/76B | €368 | €36 | -€332 | -90.3% |
| Recurring financial income | 75 | €368 | €36 | -€332 | -90.3% |
| Financial charges | 65/66B | €357 | €343 | -€14 | -3.9% |
| Recurring financial charges | 65 | €357 | €343 | -€14 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,479 | €16,866 | +€25,345 | |
| Income taxes | 67/77 | €157 | €3,011 | +€2,854 | +1823.2% |
| Profit (loss) for the period | 9904 | -€8,636 | €13,855 | +€22,491 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,636 | €13,855 | +€22,491 |
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 5 October 2026 via checked.be.