Vormezeele Company: 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.
Vormezeele Company
Largest movements
- Cash +€32,700
up €32,700 (+2,095%), from €1,561 to €34,261
mainly Stocks and contracts (+€30,791) and Receivables within one year (+€24,231)
- Stocks and contracts -€30,791
down €30,791 (-48.3%), from €63,695 to €32,904
of which Contracts in progress: -€21,869
- Receivables within one year -€24,231
down €24,231 (-49.6%), from €48,859 to €24,628
of which Trade receivables: -€25,740
- Tangible fixed assets +€3,173
up €3,173 (+2,100%), from €151 to €3,324
- Trade debts -€21,231
down €21,231 (-55.2%), from €38,477 to €17,246
- Tax, wage and social debts +€2,777
up €2,777 (+46.5%), from €5,973 to €8,750
of which Taxes: +€2,907
- Gross operating margin +€9,211
up €9,211 (+591%), from €1,559 to €10,770
- Staff costs +€4,399
up €4,399 (+86.2%), from €5,102 to €9,501
- Financial charges -€600
down €600 (-60.3%), from €996 to €396
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 | €116,304 | €97,542 | -€18,763 | -16.1% |
| Fixed assets | 21/28 | €1,291 | €4,464 | +€3,173 | +246% |
| Tangible fixed assets | 22/27 | €151 | €3,324 | +€3,173 | +2,100% |
| Furniture and vehicles | 24 | €151 | €3,324 | +€3,173 | +2,100% |
| Financial fixed assets | 28 | €1,140 | €1,140 | = | 0.0% |
| Current assets | 29/58 | €115,013 | €93,078 | -€21,935 | -19.1% |
| Stocks and contracts in progress | 3 | €63,695 | €32,904 | -€30,791 | -48.3% |
| Stocks | 30/36 | €38,042 | €29,120 | -€8,922 | -23.5% |
| Contracts in progress | 37 | €25,653 | €3,784 | -€21,869 | -85.2% |
| Amounts receivable within one year | 40/41 | €48,859 | €24,628 | -€24,231 | -49.6% |
| Trade receivables | 40 | €45,697 | €19,958 | -€25,740 | -56.3% |
| Other amounts receivable | 41 | €3,162 | €4,670 | +€1,508 | +47.7% |
| Cash at bank and in hand | 54/58 | €1,561 | €34,261 | +€32,700 | +2,095% |
| Deferred charges and accrued income | 490/1 | €899 | €1,285 | +€386 | +43.0% |
| Total equity and liabilities | 10/49 | €116,304 | €97,542 | -€18,763 | -16.1% |
| Equity | 10/15 | €71,182 | €71,499 | +€318 | +0.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €51,182 | €51,499 | +€318 | +0.6% |
| Distributable reserves | 133 | €51,182 | €51,499 | +€318 | +0.6% |
| Amounts payable | 17/49 | €45,123 | €26,042 | -€19,080 | -42.3% |
| Amounts payable within one year | 42/48 | €45,123 | €25,996 | -€19,127 | -42.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €38,477 | €17,246 | -€21,231 | -55.2% |
| Suppliers | 440/4 | €38,477 | €17,246 | -€21,231 | -55.2% |
| Taxes, remuneration and social security | 45 | €5,973 | €8,750 | +€2,777 | +46.5% |
| Taxes | 450/3 | €5,594 | €8,501 | +€2,907 | +52.0% |
| Remuneration and social security | 454/9 | €379 | €249 | -€130 | -34.4% |
| Other amounts payable | 47/48 | €672 | €0 | -€672 | -100% |
| Accrued charges and deferred income | 492/3 | - | €47 | +€47 | |
| Remuneration, social security and pensions | 62 | €5,102 | €9,501 | +€4,399 | +86.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €303 | -€33 | -9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €244 | €350 | +€107 | +43.8% |
| Gross operating margin | 9900 | €1,559 | €10,770 | +€9,211 | +591% |
| Operating profit (loss) | 9901 | -€4,122 | €616 | +€4,738 | |
| Financial income | 75/76B | €104 | €97 | -€8 | -7.2% |
| Recurring financial income | 75 | €104 | €97 | -€8 | -7.2% |
| Financial charges | 65/66B | €996 | €396 | -€600 | -60.3% |
| Recurring financial charges | 65 | €996 | €396 | -€600 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,013 | €318 | +€5,331 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,013 | €318 | +€5,331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,013 | €318 | +€5,331 |
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 29 October 2026 via checked.be.