VMTI: 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.
VMTI
Largest movements
- Cash -€1,114
down €1,114 (-93.9%), from €1,186 to €72
mainly Net result for the year (-€3,455) and Contributions, distributions and other (-€833)
- Profit (loss) carried forward -€4,288
down €4,288 (-61.5%), from €6,973 to €2,685
- Other debts +€3,174
up €3,174 (+66.6%), from €4,768 to €7,942
No income-statement line moved by more than 1% of the activity.
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 | €61,186 | €60,072 | -€1,114 | -1.8% |
| Fixed assets | 21/28 | €60,000 | €60,000 | = | 0.0% |
| Financial fixed assets | 28 | €60,000 | €60,000 | = | 0.0% |
| Current assets | 29/58 | €1,186 | €72 | -€1,114 | -93.9% |
| Cash at bank and in hand | 54/58 | €1,186 | €72 | -€1,114 | -93.9% |
| Total equity and liabilities | 10/49 | €61,186 | €60,072 | -€1,114 | -1.8% |
| Equity | 10/15 | €56,418 | €52,130 | -€4,288 | -7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,845 | €30,845 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,385 | €8,385 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,385 | €8,385 | = | 0.0% |
| Distributable reserves | 133 | €22,460 | €22,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,973 | €2,685 | -€4,288 | -61.5% |
| Amounts payable | 17/49 | €4,768 | €7,942 | +€3,174 | +66.6% |
| Amounts payable within one year | 42/48 | €4,768 | €7,942 | +€3,174 | +66.6% |
| Other amounts payable | 47/48 | €4,768 | €7,942 | +€3,174 | +66.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€3,008 | -€3,010 | -€2 | -0.1% |
| Operating profit (loss) | 9901 | -€3,396 | -€3,410 | -€14 | -0.4% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,439 | -€3,455 | -€16 | -0.5% |
| Profit (loss) for the period | 9904 | -€3,439 | -€3,455 | -€16 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,439 | -€3,455 | -€16 | -0.5% |
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 7 October 2026 via checked.be.