VMC Solutions: 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 Solutions
Largest movements
- Cash +€10,703
up €10,703 (+25.1%), from €42,631 to €53,335
mainly Net result for the year (+€29,114) and Depreciation (+€1,792)
- Receivables within one year +€9,744
up €9,744 (+31.9%), from €30,525 to €40,269
of which Other amounts receivable: +€31,233
- Tangible fixed assets +€6,577
up €6,577 (+235%), from €2,798 to €9,375
- Profit (loss) carried forward +€29,114
up €29,114 (+51.7%), from €56,277 to €85,392
- Tax, wage and social debts -€2,429
down €2,429 (-13.6%), from €17,828 to €15,399
- Gross operating margin -€33,486
down €33,486 (-46.4%), from €72,104 to €38,617
- Taxes -€6,870
down €6,870 (-48.4%), from €14,200 to €7,330
- Depreciation +€1,432
up €1,432 (+397%), from €360 to €1,792
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.
Derived cash bridge
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 | €77,105 | €103,805 | +€26,700 | +34.6% |
| Formation expenses | 20 | €806 | €600 | -€206 | -25.6% |
| Fixed assets | 21/28 | €2,798 | €9,375 | +€6,577 | +235% |
| Tangible fixed assets | 22/27 | €2,798 | €9,375 | +€6,577 | +235% |
| Plant, machinery and equipment | 23 | €2,798 | €9,375 | +€6,577 | +235% |
| Current assets | 29/58 | €73,501 | €93,830 | +€20,329 | +27.7% |
| Amounts receivable within one year | 40/41 | €30,525 | €40,269 | +€9,744 | +31.9% |
| Trade receivables | 40 | €30,048 | €8,559 | -€21,489 | -71.5% |
| Other amounts receivable | 41 | €478 | €31,710 | +€31,233 | +6,538% |
| Cash at bank and in hand | 54/58 | €42,631 | €53,335 | +€10,703 | +25.1% |
| Deferred charges and accrued income | 490/1 | €344 | €226 | -€118 | -34.4% |
| Total equity and liabilities | 10/49 | €77,105 | €103,805 | +€26,700 | +34.6% |
| Equity | 10/15 | €59,277 | €88,392 | +€29,114 | +49.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,277 | €85,392 | +€29,114 | +51.7% |
| Amounts payable | 17/49 | €17,828 | €15,413 | -€2,415 | -13.5% |
| Amounts payable within one year | 42/48 | €17,828 | €15,413 | -€2,415 | -13.5% |
| Trade debts | 44 | - | €15 | +€15 | |
| Suppliers | 440/4 | - | €15 | +€15 | |
| Taxes, remuneration and social security | 45 | €17,828 | €15,399 | -€2,429 | -13.6% |
| Taxes | 450/3 | €17,828 | €15,399 | -€2,429 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €360 | €1,792 | +€1,432 | +397% |
| Other operating charges | 640/8 | €1,266 | €860 | -€406 | -32.1% |
| Gross operating margin | 9900 | €72,104 | €38,617 | -€33,486 | -46.4% |
| Operating profit (loss) | 9901 | €70,477 | €35,966 | -€34,511 | -49.0% |
| Financial income | 75/76B | - | €529 | +€529 | |
| Recurring financial income | 75 | - | €529 | +€529 | |
| Financial charges | 65/66B | - | €51 | +€51 | |
| Recurring financial charges | 65 | - | €51 | +€51 | |
| Profit (loss) for the period before taxes | 9903 | €70,477 | €36,444 | -€34,033 | -48.3% |
| Income taxes | 67/77 | €14,200 | €7,330 | -€6,870 | -48.4% |
| Profit (loss) for the period | 9904 | €56,277 | €29,114 | -€27,163 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,277 | €29,114 | -€27,163 | -48.3% |
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 15 October 2026 via checked.be.