VREMCO: 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.
VREMCO
Largest movements
- Tangible fixed assets -€9,488
down €9,488 (-5.2%), from €180,802 to €171,314
- Cash -€6,694
down €6,694 (-13.1%), from €51,270 to €44,576
mainly Net result for the year (-€13,926) and Investment in fixed assets (net) (-€5,353)
- Profit (loss) carried forward -€13,926
down €13,926 (-13.2%), from -€105,477 to -€119,404
- Other operating charges -€2,098
down €2,098 (-28.5%), from €7,351 to €5,253
- Gross operating margin -€1,944
down €1,944 (-11.7%), from €16,575 to €14,631
- Depreciation +€960
up €960 (+6.9%), from €13,881 to €14,841
- Financial income +€319
up €319 (+110.9%), from €288 to €607
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €233,411 | €217,361 | -€16,050 | -6.9% |
| Fixed assets | 21/28 | €180,802 | €171,314 | -€9,488 | -5.2% |
| Tangible fixed assets | 22/27 | €180,802 | €171,314 | -€9,488 | -5.2% |
| Land and buildings | 22 | €180,802 | €171,314 | -€9,488 | -5.2% |
| Current assets | 29/58 | €52,609 | €46,046 | -€6,562 | -12.5% |
| Amounts receivable within one year | 40/41 | €86 | €182 | +€96 | +111.4% |
| Other amounts receivable | 41 | €86 | €182 | +€96 | +111.4% |
| Cash at bank and in hand | 54/58 | €51,270 | €44,576 | -€6,694 | -13.1% |
| Deferred charges and accrued income | 490/1 | €1,253 | €1,288 | +€35 | +2.8% |
| Total equity and liabilities | 10/49 | €233,411 | €217,361 | -€16,050 | -6.9% |
| Equity | 10/15 | -€10,029 | -€23,955 | -€13,926 | -138.9% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €70,659 | €70,659 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €68,180 | €68,180 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,477 | -€119,404 | -€13,926 | -13.2% |
| Provisions and deferred taxes | 16 | €127,988 | €127,584 | -€404 | -0.3% |
| Provisions for liabilities and charges | 160/5 | €127,988 | €127,584 | -€404 | -0.3% |
| Other liabilities and charges | 164/5 | €127,988 | €127,584 | -€404 | -0.3% |
| Amounts payable | 17/49 | €115,452 | €113,732 | -€1,720 | -1.5% |
| Amounts payable after more than one year | 17 | €103,372 | €101,652 | -€1,720 | -1.7% |
| Other amounts payable | 178/9 | €103,372 | €101,652 | -€1,720 | -1.7% |
| Amounts payable within one year | 42/48 | €3,800 | €3,800 | = | 0.0% |
| Trade debts | 44 | €3,800 | €3,800 | = | 0.0% |
| Suppliers | 440/4 | €3,800 | €3,800 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,280 | €8,280 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,881 | €14,841 | +€960 | +6.9% |
| Other operating charges | 640/8 | €7,351 | €5,253 | -€2,098 | -28.5% |
| Gross operating margin | 9900 | €16,575 | €14,631 | -€1,944 | -11.7% |
| Operating profit (loss) | 9901 | -€4,656 | -€5,462 | -€806 | -17.3% |
| Financial income | 75/76B | €288 | €607 | +€319 | +110.9% |
| Recurring financial income | 75 | €288 | €607 | +€319 | +110.9% |
| Financial charges | 65/66B | €9,062 | €9,071 | +€9 | +0.1% |
| Recurring financial charges | 65 | €9,062 | €9,071 | +€9 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,431 | -€13,926 | -€496 | -3.7% |
| Profit (loss) for the period | 9904 | -€13,431 | -€13,926 | -€496 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,431 | -€13,926 | -€496 | -3.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.