VMD Interieur: 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.
VMD Interieur
Largest movements
- Cash +€62,907
up €62,907 (+683%), from €9,208 to €72,115
mainly Depreciation (+€41,292) and Net result for the year (+€39,823)
- Tangible fixed assets -€41,292
down €41,292 (-10.1%), from €408,627 to €367,335
of which Land and buildings: -€24,084
- Receivables within one year +€12,443
up €12,443 (+6.5%), from €192,862 to €205,305
of which Trade receivables: +€17,369
- Reserves +€39,800
up €39,800 (+21.8%), from €182,884 to €222,684
of which Distributable reserves: +€39,800
- Debts after one year -€29,851
down €29,851 (-8.2%), from €363,685 to €333,834
- Accrued charges and deferred income +€22,415
up €22,415 (+47.1%), from €47,579 to €69,994
- Other debts +€14,452
up €14,452, from €0 to €14,452
- Short-term financial debts -€12,366
down €12,366 (-19.8%), from €62,366 to €50,000
- Taxes -€25,433
down €25,433 (-100%), from €25,433 to €0
- Gross operating margin +€19,677
up €19,677 (+13.6%), from €144,422 to €164,099
- Financial income -€16,200
down €16,200 (-100.0%), from €16,201 to €1
- Depreciation +€4,898
up €4,898 (+13.5%), from €36,394 to €41,292
- Other operating charges -€4,089
down €4,089 (-64.1%), from €6,375 to €2,287
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 | €730,042 | €766,066 | +€36,025 | +4.9% |
| Fixed assets | 21/28 | €408,627 | €367,335 | -€41,292 | -10.1% |
| Tangible fixed assets | 22/27 | €408,627 | €367,335 | -€41,292 | -10.1% |
| Land and buildings | 22 | €347,723 | €323,639 | -€24,084 | -6.9% |
| Plant, machinery and equipment | 23 | €13,989 | €8,208 | -€5,781 | -41.3% |
| Furniture and vehicles | 24 | €3,363 | €2,449 | -€913 | -27.2% |
| Leasing and similar rights | 25 | €43,551 | €33,038 | -€10,513 | -24.1% |
| Current assets | 29/58 | €321,415 | €398,731 | +€77,316 | +24.1% |
| Stocks and contracts in progress | 3 | €116,765 | €120,388 | +€3,623 | +3.1% |
| Stocks | 30/36 | €116,765 | €120,388 | +€3,623 | +3.1% |
| Amounts receivable within one year | 40/41 | €192,862 | €205,305 | +€12,443 | +6.5% |
| Trade receivables | 40 | €187,937 | €205,305 | +€17,369 | +9.2% |
| Other amounts receivable | 41 | €4,925 | €0 | -€4,925 | -100% |
| Cash at bank and in hand | 54/58 | €9,208 | €72,115 | +€62,907 | +683% |
| Deferred charges and accrued income | 490/1 | €2,581 | €923 | -€1,657 | -64.2% |
| Total equity and liabilities | 10/49 | €730,042 | €766,066 | +€36,025 | +4.9% |
| Equity | 10/15 | €207,304 | €247,127 | +€39,823 | +19.2% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €182,884 | €222,684 | +€39,800 | +21.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €168,884 | €208,684 | +€39,800 | +23.6% |
| Profit (loss) carried forward | 14 | €420 | €444 | +€23 | +5.5% |
| Amounts payable | 17/49 | €522,737 | €518,939 | -€3,799 | -0.7% |
| Amounts payable after more than one year | 17 | €363,685 | €333,834 | -€29,851 | -8.2% |
| Financial debts | 170/4 | €363,685 | €333,834 | -€29,851 | -8.2% |
| Amounts payable within one year | 42/48 | €111,474 | €115,111 | +€3,638 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €31,289 | €29,851 | -€1,437 | -4.6% |
| Financial debts | 43 | €62,366 | €50,000 | -€12,366 | -19.8% |
| Credit institutions | 430/8 | €62,366 | €50,000 | -€12,366 | -19.8% |
| Trade debts | 44 | €9,877 | €9,076 | -€801 | -8.1% |
| Suppliers | 440/4 | €9,877 | €9,076 | -€801 | -8.1% |
| Taxes, remuneration and social security | 45 | €7,942 | €11,732 | +€3,790 | +47.7% |
| Taxes | 450/3 | €3,213 | €3,409 | +€196 | +6.1% |
| Remuneration and social security | 454/9 | €4,729 | €8,323 | +€3,594 | +76.0% |
| Other amounts payable | 47/48 | €0 | €14,452 | +€14,452 | |
| Accrued charges and deferred income | 492/3 | €47,579 | €69,994 | +€22,415 | +47.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €56,247 | €56,282 | +€35 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,394 | €41,292 | +€4,898 | +13.5% |
| Other operating charges | 640/8 | €6,375 | €2,287 | -€4,089 | -64.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €144,422 | €164,099 | +€19,677 | +13.6% |
| Operating profit (loss) | 9901 | €45,406 | €64,239 | +€18,832 | +41.5% |
| Financial income | 75/76B | €16,201 | €1 | -€16,200 | -100.0% |
| Recurring financial income | 75 | €16,201 | €1 | -€16,200 | -100.0% |
| Financial charges | 65/66B | €25,299 | €24,416 | -€883 | -3.5% |
| Recurring financial charges | 65 | €25,299 | €24,416 | -€883 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €36,308 | €39,823 | +€3,515 | +9.7% |
| Income taxes | 67/77 | €25,433 | €0 | -€25,433 | -100% |
| Profit (loss) for the period | 9904 | €10,874 | €39,823 | +€28,949 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €10,874 | €39,823 | +€28,949 | +266% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.