VMI MAINTENANCE: 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.
VMI MAINTENANCE
Largest movements
- Receivables within one year -€16,135
down €16,135 (-20.5%), from €78,747 to €62,612
of which Trade receivables: -€12,739
- Cash +€3,204
up €3,204 (+3.0%), from €106,534 to €109,738
mainly Tax, wage and social debts (+€18,342) and Receivables within one year (+€16,135)
- Trade debts -€46,075
down €46,075 (-72.7%), from €63,368 to €17,293
of which Bills of exchange payable: -€41,423
- Tax, wage and social debts +€18,342
up €18,342 (+548%), from €3,349 to €21,691
of which Taxes: +€16,842
- Profit (loss) carried forward +€14,233
up €14,233 (+14.3%), from €99,670 to €113,904
- Gross operating margin +€4,233
up €4,233 (+26.3%), from €16,073 to €20,306
- Taxes +€2,140
up €2,140 (+63.9%), from €3,349 to €5,489
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 | €186,847 | €173,347 | -€13,500 | -7.2% |
| Fixed assets | 21/28 | €1,567 | €997 | -€570 | -36.4% |
| Tangible fixed assets | 22/27 | €1,567 | €997 | -€570 | -36.4% |
| Plant, machinery and equipment | 23 | €1,567 | €997 | -€570 | -36.4% |
| Current assets | 29/58 | €185,281 | €172,350 | -€12,931 | -7.0% |
| Amounts receivable within one year | 40/41 | €78,747 | €62,612 | -€16,135 | -20.5% |
| Trade receivables | 40 | €75,352 | €62,612 | -€12,739 | -16.9% |
| Other amounts receivable | 41 | €3,395 | - | -€3,395 | |
| Cash at bank and in hand | 54/58 | €106,534 | €109,738 | +€3,204 | +3.0% |
| Total equity and liabilities | 10/49 | €186,847 | €173,347 | -€13,500 | -7.2% |
| Equity | 10/15 | €120,130 | €134,364 | +€14,233 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,670 | €113,904 | +€14,233 | +14.3% |
| Amounts payable | 17/49 | €66,717 | €38,983 | -€27,734 | -41.6% |
| Amounts payable within one year | 42/48 | €66,717 | €38,983 | -€27,734 | -41.6% |
| Trade debts | 44 | €63,368 | €17,293 | -€46,075 | -72.7% |
| Suppliers | 440/4 | €14,379 | €9,727 | -€4,652 | -32.4% |
| Bills of exchange payable | 441 | €48,989 | €7,566 | -€41,423 | -84.6% |
| Taxes, remuneration and social security | 45 | €3,349 | €21,691 | +€18,342 | +548% |
| Taxes | 450/3 | €3,349 | €20,191 | +€16,842 | +503% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €656 | €570 | -€86 | -13.2% |
| Other operating charges | 640/8 | €71 | €41 | -€30 | -42.7% |
| Gross operating margin | 9900 | €16,073 | €20,306 | +€4,233 | +26.3% |
| Operating profit (loss) | 9901 | €15,346 | €19,695 | +€4,350 | +28.3% |
| Financial charges | 65/66B | €119 | €131 | +€12 | +10.1% |
| Recurring financial charges | 65 | €119 | €131 | +€12 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €15,227 | €19,565 | +€4,338 | +28.5% |
| Income taxes | 67/77 | €3,349 | €5,489 | +€2,140 | +63.9% |
| Profit (loss) for the period | 9904 | €11,878 | €14,076 | +€2,198 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,878 | €14,076 | +€2,198 | +18.5% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.