VM COMPUTERS: what changed
What changed
VM COMPUTERS
NACE 46.500, Wholesale of information and communication equipment
filed annual accounts (NBB)
Net result for the year
€1,242
2024 · €388+€853
Equity
-€6,444
2024 · -€7,685+€1,242
Cash
€2,446
2024 · €6,839-€4,393
Balance sheet total
€187,788
2024 · €202,103-€14,315
Largest movements
Assets
- Receivables within one year -€8,237
down €8,237 (-47.0%), from €17,510 to €9,274
of which Trade receivables: -€8,219
- Cash -€4,393
down €4,393 (-64.2%), from €6,839 to €2,446
mainly Debts after one year (-€7,570) and Short-term financial debts (-€5,517)
Equity and liabilities
- Debts after one year -€7,570
down €7,570 (-30.8%), from €24,574 to €17,004
- Short-term financial debts -€5,517
down €5,517 (-17.6%), from €31,273 to €25,756
- Tax, wage and social debts -€3,956
down €3,956 (-22.5%), from €17,557 to €13,600
of which Taxes: -€3,428
Income statement
- Financial charges -€3,057
down €3,057 (-22.6%), from €13,500 to €10,443
- Staff costs +€2,357
up €2,357 (+5.2%), from €45,088 to €47,445
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€388
Gross operating margin
-€371
Staff costs
-€2,357
Depreciation
-€155
Other operating charges
+€552
Financial income
-€28
Financial charges
+€3,057
Taxes
+€155
Result 2025
€1,242
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€7,919
Investment
€0
Financing
-€12,313
Cash 2024
€6,839
From operations (derived)
+€7,919
Net result for the year
+€1,242
Depreciation
+€1,092
Stocks and contracts
+€845
Receivables within one year
+€8,237
Deferred charges and accrued income
-€252
Trade debts
+€76
Tax, wage and social debts
-€3,956
Advances received
+€857
Other debts
+€1,740
Accrued charges and deferred income
-€1,960
Financing
-€12,313
Debts after one year
-€7,570
Current portion of long-term debt
+€774
Short-term financial debts
-€5,517
Cash 2025
€2,446
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,103 | €187,788 | -€14,315 | -7.1% |
| Fixed assets | 21/28 | €4,523 | €3,431 | -€1,092 | -24.1% |
| Tangible fixed assets | 22/27 | €4,523 | €3,431 | -€1,092 | -24.1% |
| Other tangible fixed assets | 26 | €4,523 | €3,431 | -€1,092 | -24.1% |
| Current assets | 29/58 | €197,580 | €184,357 | -€13,223 | -6.7% |
| Stocks and contracts in progress | 3 | €168,967 | €168,122 | -€845 | -0.5% |
| Stocks | 30/36 | €168,967 | €168,122 | -€845 | -0.5% |
| Amounts receivable within one year | 40/41 | €17,510 | €9,274 | -€8,237 | -47.0% |
| Trade receivables | 40 | €17,493 | €9,274 | -€8,219 | -47.0% |
| Other amounts receivable | 41 | €17 | - | -€17 | |
| Cash at bank and in hand | 54/58 | €6,839 | €2,446 | -€4,393 | -64.2% |
| Deferred charges and accrued income | 490/1 | €4,264 | €4,515 | +€252 | +5.9% |
| Total equity and liabilities | 10/49 | €202,103 | €187,788 | -€14,315 | -7.1% |
| Equity | 10/15 | -€7,685 | -€6,444 | +€1,242 | +16.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €5,316 | €5,316 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,316 | €5,316 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,002 | -€81,760 | +€1,242 | +1.5% |
| Amounts payable | 17/49 | €209,788 | €194,231 | -€15,556 | -7.4% |
| Amounts payable after more than one year | 17 | €24,574 | €17,004 | -€7,570 | -30.8% |
| Financial debts | 170/4 | €24,574 | €17,004 | -€7,570 | -30.8% |
| Amounts payable within one year | 42/48 | €183,127 | €177,101 | -€6,026 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €7,375 | €8,148 | +€774 | +10.5% |
| Financial debts | 43 | €31,273 | €25,756 | -€5,517 | -17.6% |
| Credit institutions | 430/8 | €31,273 | €25,756 | -€5,517 | -17.6% |
| Trade debts | 44 | €34,204 | €34,280 | +€76 | +0.2% |
| Suppliers | 440/4 | €34,204 | €34,280 | +€76 | +0.2% |
| Advances received on contracts in progress | 46 | €3,662 | €4,519 | +€857 | +23.4% |
| Taxes, remuneration and social security | 45 | €17,557 | €13,600 | -€3,956 | -22.5% |
| Taxes | 450/3 | €9,448 | €6,020 | -€3,428 | -36.3% |
| Remuneration and social security | 454/9 | €8,108 | €7,581 | -€528 | -6.5% |
| Other amounts payable | 47/48 | €89,057 | €90,797 | +€1,740 | +2.0% |
| Accrued charges and deferred income | 492/3 | €2,087 | €127 | -€1,960 | -93.9% |
| Non-recurring operating income | 76A | €21,041 | - | -€21,041 | |
| Remuneration, social security and pensions | 62 | €45,088 | €47,445 | +€2,357 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €937 | €1,092 | +€155 | +16.6% |
| Other operating charges | 640/8 | €2,253 | €1,701 | -€552 | -24.5% |
| Gross operating margin | 9900 | €62,379 | €62,008 | -€371 | -0.6% |
| Operating profit (loss) | 9901 | €14,101 | €11,770 | -€2,331 | -16.5% |
| Financial income | 75/76B | €84 | €56 | -€28 | -33.1% |
| Recurring financial income | 75 | €84 | €56 | -€28 | -33.1% |
| Financial charges | 65/66B | €13,500 | €10,443 | -€3,057 | -22.6% |
| Recurring financial charges | 65 | €13,500 | €10,443 | -€3,057 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €685 | €1,383 | +€698 | +102% |
| Income taxes | 67/77 | €296 | €141 | -€155 | -52.3% |
| Profit (loss) for the period | 9904 | €388 | €1,242 | +€853 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €388 | €1,242 | +€853 | +220% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.