VROMOTO: 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.
VROMOTO
Largest movements
- Tangible fixed assets -€48,308
down €48,308 (-11.0%), from €440,261 to €391,953
of which Land and buildings: -€48,049
- Stocks and contracts -€48,091
down €48,091 (-9.3%), from €517,500 to €469,409
- Cash +€13,341
up €13,341 (+142%), from €9,366 to €22,707
mainly Depreciation (+€50,715) and Stocks and contracts (+€48,091)
- Other debts -€91,821
down €91,821 (-58.5%), from €157,000 to €65,179
- Reserves +€40,958
up €40,958 (+11.1%), from €367,813 to €408,771
of which Distributable reserves: +€56,466
- Current portion of long-term debt -€18,356
down €18,356 (-74.8%), from €24,555 to €6,199
- Trade debts -€13,957
down €13,957 (-34.1%), from €40,900 to €26,943
- Gross operating margin +€59,067
up €59,067 (+44.5%), from €132,615 to €191,682
- Write-downs +€20,058
up €20,058 (+2,280%), from €880 to €20,938
- Taxes +€10,416
up €10,416 (+84.8%), from €12,290 to €22,706
- Financial charges -€3,645
down €3,645 (-27.1%), from €13,445 to €9,800
- Staff costs +€2,540
up €2,540 (+5.2%), from €48,709 to €51,249
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 | €996,105 | €913,019 | -€83,086 | -8.3% |
| Fixed assets | 21/28 | €440,261 | €391,953 | -€48,308 | -11.0% |
| Tangible fixed assets | 22/27 | €440,261 | €391,953 | -€48,308 | -11.0% |
| Land and buildings | 22 | €436,007 | €387,958 | -€48,049 | -11.0% |
| Plant, machinery and equipment | 23 | €2,541 | €2,118 | -€423 | -16.7% |
| Furniture and vehicles | 24 | €1,712 | €1,877 | +€165 | +9.6% |
| Current assets | 29/58 | €555,845 | €521,066 | -€34,779 | -6.3% |
| Stocks and contracts in progress | 3 | €517,500 | €469,409 | -€48,091 | -9.3% |
| Stocks | 30/36 | €517,500 | €469,409 | -€48,091 | -9.3% |
| Amounts receivable within one year | 40/41 | €28,617 | €28,481 | -€135 | -0.5% |
| Trade receivables | 40 | €18,312 | €21,744 | +€3,432 | +18.7% |
| Other amounts receivable | 41 | €10,305 | €6,737 | -€3,568 | -34.6% |
| Cash at bank and in hand | 54/58 | €9,366 | €22,707 | +€13,341 | +142% |
| Deferred charges and accrued income | 490/1 | €363 | €469 | +€106 | +29.4% |
| Total equity and liabilities | 10/49 | €996,105 | €913,019 | -€83,086 | -8.3% |
| Equity | 10/15 | €658,553 | €699,511 | +€40,958 | +6.2% |
| Contributions | 10/11 | €290,740 | €290,740 | = | 0.0% |
| Capital | 10 | €290,740 | €290,740 | = | 0.0% |
| Issued capital | 100 | €290,740 | €290,740 | = | 0.0% |
| Reserves | 13 | €367,813 | €408,771 | +€40,958 | +11.1% |
| Non-distributable reserves | 130/1 | €16,358 | €19,330 | +€2,972 | +18.2% |
| Legal reserve | 130 | €16,358 | €19,330 | +€2,972 | +18.2% |
| Tax-exempt reserves | 132 | €134,651 | €116,171 | -€18,480 | -13.7% |
| Distributable reserves | 133 | €216,805 | €273,270 | +€56,466 | +26.0% |
| Provisions and deferred taxes | 16 | €64,854 | €55,339 | -€9,516 | -14.7% |
| Deferred taxes | 168 | €64,854 | €55,339 | -€9,516 | -14.7% |
| Amounts payable | 17/49 | €272,698 | €158,169 | -€114,528 | -42.0% |
| Amounts payable after more than one year | 17 | €4,136 | - | -€4,136 | |
| Financial debts | 170/4 | €4,136 | - | -€4,136 | |
| Amounts payable within one year | 42/48 | €268,562 | €157,919 | -€110,642 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €24,555 | €6,199 | -€18,356 | -74.8% |
| Trade debts | 44 | €40,900 | €26,943 | -€13,957 | -34.1% |
| Suppliers | 440/4 | €40,900 | €26,943 | -€13,957 | -34.1% |
| Advances received on contracts in progress | 46 | €21,941 | €25,842 | +€3,900 | +17.8% |
| Taxes, remuneration and social security | 45 | €24,166 | €33,757 | +€9,591 | +39.7% |
| Taxes | 450/3 | €18,761 | €26,836 | +€8,075 | +43.0% |
| Remuneration and social security | 454/9 | €5,406 | €6,921 | +€1,516 | +28.0% |
| Other amounts payable | 47/48 | €157,000 | €65,179 | -€91,821 | -58.5% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Remuneration, social security and pensions | 62 | €48,709 | €51,249 | +€2,540 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,426 | €50,715 | +€289 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €880 | €20,938 | +€20,058 | +2,280% |
| Other operating charges | 640/8 | €4,800 | €4,915 | +€115 | +2.4% |
| Gross operating margin | 9900 | €132,615 | €191,682 | +€59,067 | +44.5% |
| Operating profit (loss) | 9901 | €27,801 | €63,865 | +€36,065 | +130% |
| Financial income | 75/76B | €20 | €83 | +€63 | +312% |
| Recurring financial income | 75 | €20 | €83 | +€63 | +312% |
| Financial charges | 65/66B | €13,445 | €9,800 | -€3,645 | -27.1% |
| Recurring financial charges | 65 | €13,445 | €9,800 | -€3,645 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €14,376 | €54,148 | +€39,772 | +277% |
| Transfer from deferred taxes | 780 | €9,516 | €9,516 | = | 0.0% |
| Income taxes | 67/77 | €12,290 | €22,706 | +€10,416 | +84.8% |
| Profit (loss) for the period | 9904 | €11,602 | €40,958 | +€29,356 | +253% |
| Transfer from tax-exempt reserves | 789 | €18,480 | €18,480 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,081 | €59,437 | +€29,356 | +97.6% |
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 20 October 2026 via checked.be.