VOM: 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.
VOM
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Advances received -€19,768
no longer reported in 2025 (was €19,768)
- Tax, wage and social debts +€19,663
new in 2025: €19,663
- Other debts -€12,674
down €12,674 (-83.1%), from €15,259 to €2,586
- Trade debts +€6,932
up €6,932 (+334.8%), from €2,070 to €9,002
- Profit (loss) carried forward +€5,355
up €5,355, from -€2,008 to €3,347
- Gross operating margin -€15,417
down €15,417 (-71.4%), from €21,606 to €6,189
- Other operating charges -€1,012
down €1,012 (-63.7%), from €1,590 to €578
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 | €92,167 | €91,675 | -€493 | -0.5% |
| Fixed assets | 21/28 | €89,750 | €89,750 | = | 0.0% |
| Financial fixed assets | 28 | €89,750 | €89,750 | = | 0.0% |
| Current assets | 29/58 | €2,417 | €1,925 | -€493 | -20.4% |
| Cash at bank and in hand | 54/58 | - | €20 | +€20 | |
| Deferred charges and accrued income | 490/1 | €2,417 | €1,905 | -€513 | -21.2% |
| Total equity and liabilities | 10/49 | €92,167 | €91,675 | -€493 | -0.5% |
| Equity | 10/15 | €55,070 | €60,425 | +€5,355 | +9.7% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €7,499 | €7,499 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,541 | €2,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,008 | €3,347 | +€5,355 | |
| Amounts payable | 17/49 | €37,097 | €31,250 | -€5,847 | -15.8% |
| Amounts payable within one year | 42/48 | €37,097 | €31,250 | -€5,847 | -15.8% |
| Trade debts | 44 | €2,070 | €9,002 | +€6,932 | +334.8% |
| Suppliers | 440/4 | €2,070 | €9,002 | +€6,932 | +334.8% |
| Advances received on contracts in progress | 46 | €19,768 | - | -€19,768 | |
| Taxes, remuneration and social security | 45 | - | €19,663 | +€19,663 | |
| Taxes | 450/3 | - | €19,663 | +€19,663 | |
| Other amounts payable | 47/48 | €15,259 | €2,586 | -€12,674 | -83.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | -€0 | |
| Other operating charges | 640/8 | €1,590 | €578 | -€1,012 | -63.7% |
| Non-recurring operating charges | 66A | €19,560 | - | -€19,560 | |
| Gross operating margin | 9900 | €21,606 | €6,189 | -€15,417 | -71.4% |
| Operating profit (loss) | 9901 | €456 | €5,611 | +€5,156 | +1131.5% |
| Financial charges | 65/66B | €197 | €257 | +€59 | +30.0% |
| Recurring financial charges | 65 | €197 | €257 | +€59 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | €258 | €5,355 | +€5,096 | +1973.7% |
| Profit (loss) for the period | 9904 | €258 | €5,355 | +€5,096 | +1973.7% |
| Profit (loss) for the period to be appropriated | 9905 | €258 | €5,355 | +€5,096 | +1973.7% |
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 29 September 2026 via checked.be.