VMC ELECTRONIQUE: 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.
VMC ELECTRONIQUE
Largest movements
- Cash -€22,571
down €22,571 (-9.2%), from €244,609 to €222,038
mainly Receivables within one year (-€12,739) and Tax, wage and social debts (-€7,473)
- Receivables within one year +€12,739
up €12,739 (+96.6%), from €13,191 to €25,930
of which Other amounts receivable: +€14,075
- Tax, wage and social debts -€7,473
down €7,473 (-97.9%), from €7,632 to €159
- Trade debts -€3,295
down €3,295 (-67.2%), from €4,904 to €1,609
- Turnover -€39,190
down €39,190 (-46.2%), from €84,779 to €45,589
- Gross operating margin -€28,447
down €28,447 (-94.8%), from €30,001 to €1,554
- Purchases and services -€10,620
down €10,620 (-19.4%), from €54,778 to €44,158
- Taxes -€7,501
down €7,501 (-94.4%), from €7,947 to €446
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 | €288,502 | €277,835 | -€10,667 | -3.7% |
| Fixed assets | 21/28 | €1,653 | €640 | -€1,013 | -61.3% |
| Tangible fixed assets | 22/27 | €1,653 | €640 | -€1,013 | -61.3% |
| Other tangible fixed assets | 26 | €1,653 | €640 | -€1,013 | -61.3% |
| Current assets | 29/58 | €286,849 | €277,195 | -€9,654 | -3.4% |
| Stocks and contracts in progress | 3 | €1,321 | €1,164 | -€156 | -11.8% |
| Stocks | 30/36 | €1,321 | €1,164 | -€156 | -11.8% |
| Amounts receivable within one year | 40/41 | €13,191 | €25,930 | +€12,739 | +96.6% |
| Trade receivables | 40 | €8,246 | €6,910 | -€1,336 | -16.2% |
| Other amounts receivable | 41 | €4,945 | €19,020 | +€14,075 | +284.6% |
| Current investments | 50/53 | €27,729 | €27,729 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €244,609 | €222,038 | -€22,571 | -9.2% |
| Deferred charges and accrued income | 490/1 | - | €334 | +€334 | |
| Total equity and liabilities | 10/49 | €288,502 | €277,835 | -€10,667 | -3.7% |
| Equity | 10/15 | €275,967 | €276,067 | +€101 | 0.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €87,347 | €87,347 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €85,492 | €85,492 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,620 | €181,721 | +€101 | +0.1% |
| Amounts payable | 17/49 | €12,535 | €1,768 | -€10,768 | -85.9% |
| Amounts payable within one year | 42/48 | €12,535 | €1,768 | -€10,768 | -85.9% |
| Trade debts | 44 | €4,904 | €1,609 | -€3,295 | -67.2% |
| Suppliers | 440/4 | €4,904 | €1,609 | -€3,295 | -67.2% |
| Taxes, remuneration and social security | 45 | €7,632 | €159 | -€7,473 | -97.9% |
| Taxes | 450/3 | €7,632 | €159 | -€7,473 | -97.9% |
| Turnover | 70 | €84,779 | €45,589 | -€39,190 | -46.2% |
| Non-recurring operating income | 76A | - | €123 | +€123 | |
| Goods, raw materials, services and sundry goods | 60/61 | €54,778 | €44,158 | -€10,620 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,094 | €1,013 | -€81 | -7.4% |
| Other operating charges | 640/8 | €295 | - | -€295 | |
| Gross operating margin | 9900 | €30,001 | €1,554 | -€28,447 | -94.8% |
| Operating profit (loss) | 9901 | €28,612 | €541 | -€28,071 | -98.1% |
| Financial income | 75/76B | €23 | €65 | +€42 | +181.3% |
| Recurring financial income | 75 | €23 | €65 | +€42 | +181.3% |
| Financial charges | 65/66B | €60 | €60 | -€0 | -0.2% |
| Recurring financial charges | 65 | €60 | €60 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €28,576 | €547 | -€28,029 | -98.1% |
| Income taxes | 67/77 | €7,947 | €446 | -€7,501 | -94.4% |
| Profit (loss) for the period | 9904 | €20,628 | €101 | -€20,527 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,628 | €101 | -€20,527 | -99.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.