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
- Tangible fixed assets +€10,566
new in 2024: €10,566
- Cash -€9,578
down €9,578 (-80.6%), from €11,878 to €2,300
mainly Investment in fixed assets (net) (-€11,225) and Tax, wage and social debts (-€9,290)
- Receivables within one year -€1,694
down €1,694 (-8.0%), from €21,107 to €19,413
of which Trade receivables: -€2,056
- Deferred charges and accrued income +€361
up €361 (+1041.9%), from €35 to €396
- Tax, wage and social debts -€9,290
down €9,290 (-53.2%), from €17,475 to €8,185
of which Taxes: -€13,424
- Trade debts +€8,426
up €8,426 (+1615.7%), from €522 to €8,948
- Profit (loss) carried forward +€519
up €519 (+4.3%), from €12,023 to €12,542
- Gross operating margin -€31,943
down €31,943 (-77.5%), from €41,242 to €9,299
- Taxes -€5,901
down €5,901 (-88.3%), from €6,680 to €779
- Other operating charges +€5,162
up €5,162 (+439.0%), from €1,176 to €6,338
- Financial charges +€943
up €943 (+1555.4%), from €61 to €1,004
- Depreciation +€659
new in 2024: €659
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,020 | €32,675 | -€345 | -1.0% |
| Fixed assets | 21/28 | - | €10,566 | +€10,566 | |
| Tangible fixed assets | 22/27 | - | €10,566 | +€10,566 | |
| Other tangible fixed assets | 26 | - | €10,566 | +€10,566 | |
| Current assets | 29/58 | €33,020 | €22,109 | -€10,911 | -33.0% |
| Amounts receivable within one year | 40/41 | €21,107 | €19,413 | -€1,694 | -8.0% |
| Trade receivables | 40 | €21,107 | €19,051 | -€2,056 | -9.7% |
| Other amounts receivable | 41 | €0 | €362 | +€362 | |
| Cash at bank and in hand | 54/58 | €11,878 | €2,300 | -€9,578 | -80.6% |
| Deferred charges and accrued income | 490/1 | €35 | €396 | +€361 | +1041.9% |
| Total equity and liabilities | 10/49 | €33,020 | €32,675 | -€345 | -1.0% |
| Equity | 10/15 | €15,023 | €15,542 | +€519 | +3.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,023 | €12,542 | +€519 | +4.3% |
| Amounts payable | 17/49 | €17,997 | €17,133 | -€863 | -4.8% |
| Amounts payable within one year | 42/48 | €17,997 | €17,133 | -€863 | -4.8% |
| Trade debts | 44 | €522 | €8,948 | +€8,426 | +1615.7% |
| Suppliers | 440/4 | €522 | €8,948 | +€8,426 | +1615.7% |
| Taxes, remuneration and social security | 45 | €17,475 | €8,185 | -€9,290 | -53.2% |
| Taxes | 450/3 | €15,271 | €1,847 | -€13,424 | -87.9% |
| Remuneration and social security | 454/9 | €2,204 | €6,338 | +€4,134 | +187.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €659 | +€659 | |
| Other operating charges | 640/8 | €1,176 | €6,338 | +€5,162 | +439.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €41,242 | €9,299 | -€31,943 | -77.5% |
| Operating profit (loss) | 9901 | €40,066 | €2,302 | -€37,764 | -94.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €61 | €1,004 | +€943 | +1555.4% |
| Recurring financial charges | 65 | €61 | €1,004 | +€943 | +1555.4% |
| Profit (loss) for the period before taxes | 9903 | €40,006 | €1,298 | -€38,708 | -96.8% |
| Income taxes | 67/77 | €6,680 | €779 | -€5,901 | -88.3% |
| Profit (loss) for the period | 9904 | €33,326 | €519 | -€32,807 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,326 | €519 | -€32,807 | -98.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.