VROMATS: 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.
VROMATS
Largest movements
- Tangible fixed assets +€89,052
up €89,052 (+64.0%), from €139,181 to €228,233
of which Plant, machinery and equipment: +€103,206
- Receivables within one year +€51,786
up €51,786 (+19.2%), from €269,920 to €321,706
of which Trade receivables: +€41,420
- Intangible fixed assets +€9,686
up €9,686 (+358.8%), from €2,700 to €12,386
- Trade debts +€111,851
up €111,851 (+456.8%), from €24,486 to €136,337
- Reserves +€83,555
up €83,555 (+28.9%), from €288,698 to €372,253
of which Distributable reserves: +€83,555
- Debts after one year -€18,676
down €18,676 (-51.6%), from €36,185 to €17,508
- Current portion of long-term debt -€13,130
down €13,130 (-41.3%), from €31,805 to €18,676
- Tax, wage and social debts -€11,645
down €11,645 (-33.1%), from €35,198 to €23,553
of which Taxes: -€12,389
- Gross operating margin +€9,736
up €9,736 (+4.4%), from €220,296 to €230,032
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 | €451,733 | €598,272 | +€146,539 | +32.4% |
| Fixed assets | 21/28 | €141,881 | €240,619 | +€98,738 | +69.6% |
| Intangible fixed assets | 21 | €2,700 | €12,386 | +€9,686 | +358.8% |
| Tangible fixed assets | 22/27 | €139,181 | €228,233 | +€89,052 | +64.0% |
| Land and buildings | 22 | €3,550 | €2,236 | -€1,313 | -37.0% |
| Plant, machinery and equipment | 23 | €33,067 | €136,273 | +€103,206 | +312.1% |
| Furniture and vehicles | 24 | €30,022 | €21,525 | -€8,497 | -28.3% |
| Other tangible fixed assets | 26 | €72,542 | €68,199 | -€4,343 | -6.0% |
| Current assets | 29/58 | €309,852 | €357,652 | +€47,800 | +15.4% |
| Amounts receivable within one year | 40/41 | €269,920 | €321,706 | +€51,786 | +19.2% |
| Trade receivables | 40 | €199,504 | €240,924 | +€41,420 | +20.8% |
| Other amounts receivable | 41 | €70,416 | €80,782 | +€10,366 | +14.7% |
| Cash at bank and in hand | 54/58 | €34,762 | €30,747 | -€4,015 | -11.5% |
| Deferred charges and accrued income | 490/1 | €5,170 | €5,199 | +€29 | +0.6% |
| Total equity and liabilities | 10/49 | €451,733 | €598,272 | +€146,539 | +32.4% |
| Equity | 10/15 | €307,698 | €391,253 | +€83,555 | +27.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €288,698 | €372,253 | +€83,555 | +28.9% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €58 | €58 | = | 0.0% |
| Distributable reserves | 133 | €286,741 | €370,296 | +€83,555 | +29.1% |
| Amounts payable | 17/49 | €144,035 | €207,018 | +€62,984 | +43.7% |
| Amounts payable after more than one year | 17 | €36,185 | €17,508 | -€18,676 | -51.6% |
| Financial debts | 170/4 | €36,185 | €17,508 | -€18,676 | -51.6% |
| Amounts payable within one year | 42/48 | €107,457 | €189,510 | +€82,053 | +76.4% |
| Current portion of amounts payable after more than one year | 42 | €31,805 | €18,676 | -€13,130 | -41.3% |
| Financial debts | 43 | €14,250 | €9,300 | -€4,950 | -34.7% |
| Credit institutions | 430/8 | €14,250 | €9,300 | -€4,950 | -34.7% |
| Trade debts | 44 | €24,486 | €136,337 | +€111,851 | +456.8% |
| Suppliers | 440/4 | €24,486 | €136,337 | +€111,851 | +456.8% |
| Taxes, remuneration and social security | 45 | €35,198 | €23,553 | -€11,645 | -33.1% |
| Taxes | 450/3 | €33,099 | €20,710 | -€12,389 | -37.4% |
| Remuneration and social security | 454/9 | €2,099 | €2,843 | +€744 | +35.4% |
| Other amounts payable | 47/48 | €1,718 | €1,644 | -€74 | -4.3% |
| Accrued charges and deferred income | 492/3 | €393 | - | -€393 | |
| Non-recurring operating income | 76A | €7,180 | - | -€7,180 | |
| Remuneration, social security and pensions | 62 | €51,932 | €54,193 | +€2,261 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,520 | €54,609 | +€1,089 | +2.0% |
| Other operating charges | 640/8 | €4,731 | €4,074 | -€657 | -13.9% |
| Gross operating margin | 9900 | €220,296 | €230,032 | +€9,736 | +4.4% |
| Operating profit (loss) | 9901 | €110,113 | €117,155 | +€7,043 | +6.4% |
| Financial income | 75/76B | €4,126 | €4,343 | +€217 | +5.3% |
| Recurring financial income | 75 | €4,126 | €4,343 | +€217 | +5.3% |
| Financial charges | 65/66B | €4,838 | €3,914 | -€924 | -19.1% |
| Recurring financial charges | 65 | €4,838 | €3,914 | -€924 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €109,400 | €117,584 | +€8,184 | +7.5% |
| Income taxes | 67/77 | €32,125 | €32,386 | +€261 | +0.8% |
| Profit (loss) for the period | 9904 | €77,275 | €85,199 | +€7,923 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,275 | €85,199 | +€7,923 | +10.3% |
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 11 October 2026 via checked.be.