VMS TRANSPORT: 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.
VMS TRANSPORT
Largest movements
- Tangible fixed assets +€124,032
up €124,032 (+241%), from €51,400 to €175,433
of which Furniture and vehicles: +€62,692
- Receivables within one year +€57,418
up €57,418 (+120%), from €47,876 to €105,294
of which Trade receivables: +€54,837
- Financial fixed assets +€24,000
up €24,000 (+2,400%), from €1,000 to €25,000
- Cash +€21,370
up €21,370 (+38.5%), from €55,522 to €76,892
mainly Debts after one year (+€76,477) and Depreciation (+€54,450)
- Debts after one year +€76,477
up €76,477 (+336%), from €22,771 to €99,248
- Profit (loss) carried forward +€44,039
up €44,039 (+74.7%), from €58,980 to €103,019
- Current portion of long-term debt +€38,903
up €38,903 (+404%), from €9,618 to €48,521
- Tax, wage and social debts +€27,412
up €27,412 (+136%), from €20,082 to €47,494
of which Remuneration and social security: +€23,244
- Short-term financial debts +€24,000
new in 2025: €24,000
- Gross operating margin +€211,034
up €211,034 (+282%), from €74,784 to €285,819
- Staff costs +€160,279
new in 2025: €160,279
- Depreciation +€32,903
up €32,903 (+153%), from €21,547 to €54,450
- Financial charges +€6,224
up €6,224 (+151%), from €4,127 to €10,351
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 | €158,197 | €383,161 | +€224,964 | +142% |
| Fixed assets | 21/28 | €52,400 | €200,433 | +€148,032 | +283% |
| Tangible fixed assets | 22/27 | €51,400 | €175,433 | +€124,032 | +241% |
| Plant, machinery and equipment | 23 | €866 | €371 | -€495 | -57.1% |
| Furniture and vehicles | 24 | €50,534 | €113,226 | +€62,692 | +124% |
| Leasing and similar rights | 25 | - | €61,835 | +€61,835 | |
| Financial fixed assets | 28 | €1,000 | €25,000 | +€24,000 | +2,400% |
| Current assets | 29/58 | €105,797 | €182,728 | +€76,932 | +72.7% |
| Amounts receivable within one year | 40/41 | €47,876 | €105,294 | +€57,418 | +120% |
| Trade receivables | 40 | €46,220 | €101,057 | +€54,837 | +119% |
| Other amounts receivable | 41 | €1,656 | €4,237 | +€2,581 | +156% |
| Cash at bank and in hand | 54/58 | €55,522 | €76,892 | +€21,370 | +38.5% |
| Deferred charges and accrued income | 490/1 | €2,399 | €542 | -€1,856 | -77.4% |
| Total equity and liabilities | 10/49 | €158,197 | €383,161 | +€224,964 | +142% |
| Equity | 10/15 | €83,980 | €128,019 | +€44,039 | +52.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,980 | €103,019 | +€44,039 | +74.7% |
| Amounts payable | 17/49 | €74,217 | €255,143 | +€180,925 | +244% |
| Amounts payable after more than one year | 17 | €22,771 | €99,248 | +€76,477 | +336% |
| Financial debts | 170/4 | €22,771 | €99,248 | +€76,477 | +336% |
| Amounts payable within one year | 42/48 | €51,446 | €155,895 | +€104,448 | +203% |
| Current portion of amounts payable after more than one year | 42 | €9,618 | €48,521 | +€38,903 | +404% |
| Financial debts | 43 | - | €24,000 | +€24,000 | |
| Credit institutions | 430/8 | - | €24,000 | +€24,000 | |
| Trade debts | 44 | €7,376 | €21,050 | +€13,673 | +185% |
| Suppliers | 440/4 | €7,376 | €21,050 | +€13,673 | +185% |
| Taxes, remuneration and social security | 45 | €20,082 | €47,494 | +€27,412 | +136% |
| Taxes | 450/3 | €18,386 | €22,554 | +€4,168 | +22.7% |
| Remuneration and social security | 454/9 | €1,695 | €24,940 | +€23,244 | +1,371% |
| Other amounts payable | 47/48 | €14,370 | €14,830 | +€460 | +3.2% |
| Non-recurring operating income | 76A | €3,518 | €2,597 | -€922 | -26.2% |
| Remuneration, social security and pensions | 62 | - | €160,279 | +€160,279 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,547 | €54,450 | +€32,903 | +153% |
| Other operating charges | 640/8 | €945 | €2,170 | +€1,224 | +129% |
| Non-recurring operating charges | 66A | - | €2,148 | +€2,148 | |
| Gross operating margin | 9900 | €74,784 | €285,819 | +€211,034 | +282% |
| Operating profit (loss) | 9901 | €52,292 | €66,773 | +€14,481 | +27.7% |
| Financial income | 75/76B | €128 | €19 | -€109 | -85.1% |
| Recurring financial income | 75 | €128 | €19 | -€109 | -85.1% |
| Financial charges | 65/66B | €4,127 | €10,351 | +€6,224 | +151% |
| Recurring financial charges | 65 | €4,127 | €10,351 | +€6,224 | +151% |
| Profit (loss) for the period before taxes | 9903 | €48,293 | €56,441 | +€8,148 | +16.9% |
| Income taxes | 67/77 | €10,224 | €12,402 | +€2,178 | +21.3% |
| Profit (loss) for the period | 9904 | €38,069 | €44,039 | +€5,970 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,069 | €44,039 | +€5,970 | +15.7% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.