VMC Services: 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 Services
Largest movements
- Cash +€99,227
up €99,227 (+36.1%), from €275,245 to €374,472
mainly Other debts (+€373,711) and Net result for the year (+€117,241)
- Receivables within one year -€18,875
down €18,875 (-37.8%), from €49,911 to €31,036
of which Trade receivables: -€18,875
- Other debts +€373,711
up €373,711 (+8132.1%), from €4,595 to €378,306
- Profit (loss) carried forward -€256,574
no longer reported in 2026 (was €256,574)
- Tax, wage and social debts -€41,725
down €41,725 (-66.0%), from €63,245 to €21,520
- Trade debts +€6,161
up €6,161 (+3059.0%), from €201 to €6,363
- Gross operating margin +€15,379
up €15,379 (+10.9%), from €140,483 to €155,862
- Taxes +€3,111
up €3,111 (+10.1%), from €30,690 to €33,801
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,436 | €408,689 | +€81,253 | +24.8% |
| Fixed assets | 21/28 | €2,280 | €3,181 | +€901 | +39.5% |
| Tangible fixed assets | 22/27 | €2,280 | €3,181 | +€901 | +39.5% |
| Furniture and vehicles | 24 | €2,280 | €3,181 | +€901 | +39.5% |
| Current assets | 29/58 | €325,156 | €405,508 | +€80,352 | +24.7% |
| Amounts receivable within one year | 40/41 | €49,911 | €31,036 | -€18,875 | -37.8% |
| Trade receivables | 40 | €42,169 | €23,294 | -€18,875 | -44.8% |
| Other amounts receivable | 41 | €7,743 | €7,743 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €275,245 | €374,472 | +€99,227 | +36.1% |
| Total equity and liabilities | 10/49 | €327,436 | €408,689 | +€81,253 | +24.8% |
| Equity | 10/15 | €259,074 | €2,500 | -€256,574 | -99.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €256,574 | - | -€256,574 | |
| Amounts payable | 17/49 | €68,362 | €406,189 | +€337,827 | +494.2% |
| Amounts payable within one year | 42/48 | €68,042 | €406,189 | +€338,147 | +497.0% |
| Trade debts | 44 | €201 | €6,363 | +€6,161 | +3059.0% |
| Suppliers | 440/4 | €201 | €6,363 | +€6,161 | +3059.0% |
| Taxes, remuneration and social security | 45 | €63,245 | €21,520 | -€41,725 | -66.0% |
| Taxes | 450/3 | €63,245 | €21,520 | -€41,725 | -66.0% |
| Other amounts payable | 47/48 | €4,595 | €378,306 | +€373,711 | +8132.1% |
| Accrued charges and deferred income | 492/3 | €320 | - | -€320 | |
| Remuneration, social security and pensions | 62 | €1,920 | €1,745 | -€175 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €586 | €1,330 | +€744 | +126.8% |
| Other operating charges | 640/8 | €1,743 | €1,686 | -€57 | -3.3% |
| Gross operating margin | 9900 | €140,483 | €155,862 | +€15,379 | +10.9% |
| Operating profit (loss) | 9901 | €136,234 | €151,101 | +€14,867 | +10.9% |
| Financial income | 75/76B | €1 | €3 | +€2 | +263.1% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +263.1% |
| Financial charges | 65/66B | €54 | €63 | +€9 | +17.2% |
| Recurring financial charges | 65 | €54 | €63 | +€9 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €136,181 | €151,041 | +€14,860 | +10.9% |
| Income taxes | 67/77 | €30,690 | €33,801 | +€3,111 | +10.1% |
| Profit (loss) for the period | 9904 | €105,491 | €117,241 | +€11,749 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €105,491 | €117,241 | +€11,749 | +11.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.