VML LEBB: what changed
Two fiscal 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.
VML LEBB
Largest movements
- Cash -€7,085
down €7,085 (-13.3%), from €53,147 to €46,062
mainly Net result for the year (-€4,487) and Stocks and contracts (-€1,820)
- Stocks and contracts +€1,820
up €1,820 (+57.7%), from €3,157 to €4,977
- Profit (loss) carried forward -€4,487
down €4,487 (-52.7%), from -€8,514 to -€13,001
- Trade debts -€956
down €956 (-29.3%), from €3,268 to €2,312
- Gross operating margin -€952
down €952 (-38.1%), from -€2,502 to -€3,454
- Financial charges +€138
up €138 (+27.9%), from €495 to €632
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.
Cash bridge derived
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 | €56,304 | €51,039 | -€5,265 | -9.4% |
| Current assets | 29/58 | €56,304 | €51,039 | -€5,265 | -9.4% |
| Stocks and contracts in progress | 3 | €3,157 | €4,977 | +€1,820 | +57.7% |
| Stocks | 30/36 | €3,157 | €4,977 | +€1,820 | +57.7% |
| Cash at bank and in hand | 54/58 | €53,147 | €46,062 | -€7,085 | -13.3% |
| Total equity and liabilities | 10/49 | €56,304 | €51,039 | -€5,265 | -9.4% |
| Equity | 10/15 | €52,986 | €48,499 | -€4,487 | -8.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,514 | -€13,001 | -€4,487 | -52.7% |
| Amounts payable | 17/49 | €3,318 | €2,540 | -€779 | -23.5% |
| Amounts payable within one year | 42/48 | €3,318 | €2,540 | -€779 | -23.5% |
| Trade debts | 44 | €3,268 | €2,312 | -€956 | -29.3% |
| Suppliers | 440/4 | €3,268 | €2,312 | -€956 | -29.3% |
| Other amounts payable | 47/48 | €50 | €228 | +€178 | +355.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,502 | -€3,454 | -€952 | -38.1% |
| Operating profit (loss) | 9901 | -€2,889 | -€3,854 | -€965 | -33.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €495 | €632 | +€138 | +27.9% |
| Recurring financial charges | 65 | €495 | €632 | +€138 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,384 | -€4,487 | -€1,103 | -32.6% |
| Profit (loss) for the period | 9904 | -€3,384 | -€4,487 | -€1,103 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,384 | -€4,487 | -€1,103 | -32.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.