VMT BOUW: 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.
VMT BOUW
Largest movements
- Receivables within one year -€222,782
down €222,782 (-90.8%), from €245,271 to €22,489
of which Trade receivables: -€207,190
- Stocks and contracts +€54,097
up €54,097 (+10.5%), from €514,101 to €568,198
- Cash +€17,253
up €17,253 (+569%), from €3,031 to €20,283
mainly Receivables within one year (+€222,782) and Other debts (+€78,687)
- Advances received -€170,244
no longer reported in 2025 (was €170,244)
- Trade debts -€84,468
down €84,468 (-85.2%), from €99,185 to €14,717
- Other debts +€78,687
up €78,687 (+16.5%), from €478,264 to €556,951
- Tax, wage and social debts +€33,960
new in 2025: €33,960
- Profit (loss) carried forward -€9,469
down €9,469, from €4,710 to -€4,759
- Turnover -€232,790
no longer reported in 2025 (was €232,790)
- Purchases and services -€159,473
no longer reported in 2025 (was €159,473)
- Gross operating margin -€67,820
down €67,820 (-93.2%), from €72,802 to €4,983
- Taxes -€59,862
no longer reported in 2025 (was €59,862)
- Financial charges -€39,069
down €39,069 (-73.7%), from €53,026 to €13,957
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 | €762,402 | €611,148 | -€151,254 | -19.8% |
| Current assets | 29/58 | €762,402 | €611,148 | -€151,254 | -19.8% |
| Stocks and contracts in progress | 3 | €514,101 | €568,198 | +€54,097 | +10.5% |
| Contracts in progress | 37 | €514,101 | €568,198 | +€54,097 | +10.5% |
| Amounts receivable within one year | 40/41 | €245,271 | €22,489 | -€222,782 | -90.8% |
| Trade receivables | 40 | €228,930 | €21,740 | -€207,190 | -90.5% |
| Other amounts receivable | 41 | €16,341 | €749 | -€15,592 | -95.4% |
| Cash at bank and in hand | 54/58 | €3,031 | €20,283 | +€17,253 | +569% |
| Deferred charges and accrued income | 490/1 | - | €179 | +€179 | |
| Total equity and liabilities | 10/49 | €762,402 | €611,148 | -€151,254 | -19.8% |
| Equity | 10/15 | €14,710 | €5,241 | -€9,469 | -64.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,710 | -€4,759 | -€9,469 | |
| Amounts payable | 17/49 | €747,692 | €605,907 | -€141,785 | -19.0% |
| Amounts payable within one year | 42/48 | €747,692 | €605,907 | -€141,785 | -19.0% |
| Financial debts | 43 | - | €279 | +€279 | |
| Credit institutions | 430/8 | - | €279 | +€279 | |
| Trade debts | 44 | €99,185 | €14,717 | -€84,468 | -85.2% |
| Suppliers | 440/4 | €99,185 | €14,717 | -€84,468 | -85.2% |
| Advances received on contracts in progress | 46 | €170,244 | - | -€170,244 | |
| Taxes, remuneration and social security | 45 | - | €33,960 | +€33,960 | |
| Taxes | 450/3 | - | €33,960 | +€33,960 | |
| Other amounts payable | 47/48 | €478,264 | €556,951 | +€78,687 | +16.5% |
| Turnover | 70 | €232,790 | - | -€232,790 | |
| Non-recurring operating income | 76A | €8,328 | €5,356 | -€2,972 | -35.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €159,473 | - | -€159,473 | |
| Other operating charges | 640/8 | €1,573 | €494 | -€1,079 | -68.6% |
| Gross operating margin | 9900 | €72,802 | €4,983 | -€67,820 | -93.2% |
| Operating profit (loss) | 9901 | €71,230 | €4,489 | -€66,741 | -93.7% |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.9% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.9% |
| Financial charges | 65/66B | €53,026 | €13,957 | -€39,069 | -73.7% |
| Recurring financial charges | 65 | €53,026 | €13,957 | -€39,069 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | €18,216 | -€9,469 | -€27,684 | |
| Income taxes | 67/77 | €59,862 | - | -€59,862 | |
| Profit (loss) for the period | 9904 | -€41,647 | -€9,469 | +€32,178 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,647 | -€9,469 | +€32,178 | +77.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.