VMA AFFUTAGE: 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.
VMA AFFUTAGE
Largest movements
- Receivables within one year +€19,548
up €19,548 (+69.4%), from €28,165 to €47,713
of which Trade receivables: +€19,291
- Cash -€16,957
down €16,957 (-28.3%), from €59,864 to €42,908
- Receivables after one year +€15,000
new in 2024: €15,000
- Tangible fixed assets +€4,051
up €4,051 (+206%), from €1,963 to €6,014
of which Plant, machinery and equipment: +€5,914
- Reserves +€15,000
up €15,000 (+47.1%), from €31,860 to €46,860
of which Distributable reserves: +€15,000
- Profit (loss) carried forward +€9,014
up €9,014 (+38.1%), from €23,679 to €32,692
- Tax, wage and social debts -€5,306
down €5,306 (-40.4%), from €13,122 to €7,816
of which Taxes: -€3,706
- Trade debts +€3,320
up €3,320 (+21.9%), from €15,157 to €18,477
- Turnover +€27,731
up €27,731 (+33.6%), from €82,633 to €110,365
- Purchases and services +€22,889
up €22,889 (+31.2%), from €73,314 to €96,203
- Gross operating margin +€6,574
up €6,574 (+67.9%), from €9,679 to €16,253
- Taxes +€1,316
up €1,316 (+32.9%), from €3,994 to €5,310
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,017 | €112,045 | +€22,028 | +24.5% |
| Fixed assets | 21/28 | €1,988 | €6,039 | +€4,051 | +204% |
| Tangible fixed assets | 22/27 | €1,963 | €6,014 | +€4,051 | +206% |
| Plant, machinery and equipment | 23 | €0 | €5,914 | +€5,914 | |
| Furniture and vehicles | 24 | €1,963 | €100 | -€1,863 | -94.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €88,029 | €106,006 | +€17,977 | +20.4% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €28,165 | €47,713 | +€19,548 | +69.4% |
| Trade receivables | 40 | €11,815 | €31,106 | +€19,291 | +163% |
| Other amounts receivable | 41 | €16,350 | €16,607 | +€257 | +1.6% |
| Cash at bank and in hand | 54/58 | €59,864 | €42,908 | -€16,957 | -28.3% |
| Deferred charges and accrued income | 490/1 | - | €385 | +€385 | |
| Total equity and liabilities | 10/49 | €90,017 | €112,045 | +€22,028 | +24.5% |
| Equity | 10/15 | €61,739 | €85,752 | +€24,014 | +38.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,860 | €46,860 | +€15,000 | +47.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Profit (loss) carried forward | 14 | €23,679 | €32,692 | +€9,014 | +38.1% |
| Amounts payable | 17/49 | €28,278 | €26,293 | -€1,986 | -7.0% |
| Amounts payable within one year | 42/48 | €28,278 | €26,293 | -€1,986 | -7.0% |
| Trade debts | 44 | €15,157 | €18,477 | +€3,320 | +21.9% |
| Suppliers | 440/4 | €15,157 | €18,477 | +€3,320 | +21.9% |
| Taxes, remuneration and social security | 45 | €13,122 | €7,816 | -€5,306 | -40.4% |
| Taxes | 450/3 | €11,522 | €7,816 | -€3,706 | -32.2% |
| Remuneration and social security | 454/9 | €1,600 | €0 | -€1,600 | -100% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €82,633 | €110,365 | +€27,731 | +33.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,314 | €96,203 | +€22,889 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203 | €885 | +€682 | +335% |
| Other operating charges | 640/8 | €1,112 | €488 | -€623 | -56.1% |
| Non-recurring operating charges | 66A | €170 | €112 | -€58 | -34.1% |
| Gross operating margin | 9900 | €9,679 | €16,253 | +€6,574 | +67.9% |
| Operating profit (loss) | 9901 | €8,194 | €14,768 | +€6,574 | +80.2% |
| Financial income | 75/76B | €54 | €356 | +€302 | +557% |
| Recurring financial income | 75 | €54 | €356 | +€302 | +557% |
| Financial charges | 65/66B | €252 | €143 | -€109 | -43.2% |
| Recurring financial charges | 65 | €252 | €143 | -€109 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | €7,996 | €14,981 | +€6,984 | +87.3% |
| Income taxes | 67/77 | €3,994 | €5,310 | +€1,316 | +32.9% |
| Profit (loss) for the period | 9904 | €4,002 | €9,670 | +€5,668 | +142% |
| Profit (loss) for the period to be appropriated | 9905 | €4,002 | €9,670 | +€5,668 | +142% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.