VMJ MOTORS: what changed
VMJ MOTORS
Largest movements
- Cash -€39,143
down €39,143 (-31.2%), from €125,496 to €86,352
mainly Other debts (-€52,858) and Tax, wage and social debts (-€16,157)
- Receivables within one year -€33,888
down €33,888 (-36.0%), from €94,196 to €60,308
of which Other amounts receivable: -€29,549
- Tangible fixed assets +€9,246
up €9,246 (+434%), from €2,131 to €11,377
of which Plant, machinery and equipment: +€7,076
- Stocks and contracts +€4,267
up €4,267 (+22.3%), from €19,111 to €23,378
- Other debts -€52,858
no longer reported in 2025 (was €52,858)
- Tax, wage and social debts -€16,157
down €16,157 (-32.0%), from €50,485 to €34,328
of which Taxes: -€15,505
- Profit (loss) carried forward +€15,603
up €15,603 (+21.6%), from €72,218 to €87,820
- Current portion of long-term debt -€4,215
down €4,215 (-48.3%), from €8,733 to €4,517
- Debts after one year +€2,725
up €2,725 (+191%), from €1,427 to €4,152
- Gross operating margin -€61,091
down €61,091 (-35.7%), from €171,274 to €110,183
- Financial income -€33,514
down €33,514 (-93.7%), from €35,783 to €2,269
of which Non-recurring financial income: -€33,623
- Taxes -€11,944
down €11,944 (-64.9%), from €18,406 to €6,463
- Staff costs -€9,190
down €9,190 (-10.3%), from €88,915 to €79,725
- Other operating charges +€5,268
up €5,268 (+587%), from €897 to €6,165
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €244,835 | €186,503 | -€58,332 | -23.8% |
| Fixed assets | 21/28 | €2,585 | €11,831 | +€9,246 | +358% |
| Tangible fixed assets | 22/27 | €2,131 | €11,377 | +€9,246 | +434% |
| Plant, machinery and equipment | 23 | €2,131 | €9,207 | +€7,076 | +332% |
| Furniture and vehicles | 24 | - | €2,170 | +€2,170 | |
| Financial fixed assets | 28 | €454 | €454 | = | 0.0% |
| Current assets | 29/58 | €242,250 | €174,671 | -€67,578 | -27.9% |
| Stocks and contracts in progress | 3 | €19,111 | €23,378 | +€4,267 | +22.3% |
| Stocks | 30/36 | €19,111 | €23,378 | +€4,267 | +22.3% |
| Amounts receivable within one year | 40/41 | €94,196 | €60,308 | -€33,888 | -36.0% |
| Trade receivables | 40 | €60,288 | €55,949 | -€4,339 | -7.2% |
| Other amounts receivable | 41 | €33,909 | €4,360 | -€29,549 | -87.1% |
| Cash at bank and in hand | 54/58 | €125,496 | €86,352 | -€39,143 | -31.2% |
| Deferred charges and accrued income | 490/1 | €3,447 | €4,633 | +€1,186 | +34.4% |
| Total equity and liabilities | 10/49 | €244,835 | €186,503 | -€58,332 | -23.8% |
| Equity | 10/15 | €92,218 | €107,820 | +€15,603 | +16.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,218 | €87,820 | +€15,603 | +21.6% |
| Amounts payable | 17/49 | €152,618 | €78,682 | -€73,935 | -48.4% |
| Amounts payable after more than one year | 17 | €1,427 | €4,152 | +€2,725 | +191% |
| Financial debts | 170/4 | €1,427 | €4,152 | +€2,725 | +191% |
| Amounts payable within one year | 42/48 | €149,386 | €74,531 | -€74,856 | -50.1% |
| Current portion of amounts payable after more than one year | 42 | €8,733 | €4,517 | -€4,215 | -48.3% |
| Trade debts | 44 | €37,311 | €35,686 | -€1,626 | -4.4% |
| Suppliers | 440/4 | €37,311 | €35,686 | -€1,626 | -4.4% |
| Taxes, remuneration and social security | 45 | €50,485 | €34,328 | -€16,157 | -32.0% |
| Taxes | 450/3 | €42,037 | €26,532 | -€15,505 | -36.9% |
| Remuneration and social security | 454/9 | €8,448 | €7,796 | -€652 | -7.7% |
| Other amounts payable | 47/48 | €52,858 | - | -€52,858 | |
| Accrued charges and deferred income | 492/3 | €1,804 | €0 | -€1,804 | -100% |
| Remuneration, social security and pensions | 62 | €88,915 | €79,725 | -€9,190 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,111 | €1,761 | +€650 | +58.5% |
| Other operating charges | 640/8 | €897 | €6,165 | +€5,268 | +587% |
| Gross operating margin | 9900 | €171,274 | €110,183 | -€61,091 | -35.7% |
| Operating profit (loss) | 9901 | €80,351 | €22,532 | -€57,819 | -72.0% |
| Financial income | 75/76B | €35,783 | €2,269 | -€33,514 | -93.7% |
| Recurring financial income | 75 | €2,159 | €2,269 | +€109 | +5.1% |
| Non-recurring financial income | 76B | €33,623 | - | -€33,623 | |
| Financial charges | 65/66B | €2,140 | €2,735 | +€595 | +27.8% |
| Recurring financial charges | 65 | €2,140 | €2,735 | +€595 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €113,994 | €22,065 | -€91,928 | -80.6% |
| Income taxes | 67/77 | €18,406 | €6,463 | -€11,944 | -64.9% |
| Profit (loss) for the period | 9904 | €95,587 | €15,603 | -€79,985 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,587 | €15,603 | -€79,985 | -83.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.