VRYMAT: 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.
VRYMAT
Largest movements
- Financial fixed assets -€600,000
down €600,000 (-54.5%), from €1.1m to €500,200
- Receivables within one year +€49,629
up €49,629 (+132%), from €37,597 to €87,226
of which Other amounts receivable: +€57,213
- Tangible fixed assets +€27,306
up €27,306 (+8.8%), from €311,319 to €338,625
of which Furniture and vehicles: +€41,407
- Other debts -€472,490
down €472,490 (-29.3%), from €1.6m to €1.1m
- Profit (loss) carried forward -€51,218
down €51,218 (-5.5%), from -€929,273 to -€980,492
- Gross operating margin -€31,861
down €31,861, from €7,944 to -€23,916
- Financial income -€7,751
no longer reported in 2025 (was €7,751)
- Depreciation +€5,477
up €5,477 (+37.6%), from €14,581 to €20,058
- Taxes -€2,325
no longer reported in 2025 (was €2,325)
- Other operating charges +€891
up €891 (+14.6%), from €6,110 to €7,000
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 | €1,481,008 | €958,680 | -€522,327 | -35.3% |
| Fixed assets | 21/28 | €1,411,519 | €838,825 | -€572,694 | -40.6% |
| Tangible fixed assets | 22/27 | €311,319 | €338,625 | +€27,306 | +8.8% |
| Land and buildings | 22 | €253,109 | €245,929 | -€7,180 | -2.8% |
| Plant, machinery and equipment | 23 | €46,483 | €40,651 | -€5,832 | -12.5% |
| Furniture and vehicles | 24 | €2,867 | €44,274 | +€41,407 | +1,444% |
| Other tangible fixed assets | 26 | €8,860 | €7,771 | -€1,089 | -12.3% |
| Financial fixed assets | 28 | €1,100,200 | €500,200 | -€600,000 | -54.5% |
| Current assets | 29/58 | €69,488 | €119,855 | +€50,367 | +72.5% |
| Amounts receivable within one year | 40/41 | €37,597 | €87,226 | +€49,629 | +132% |
| Trade receivables | 40 | €14,572 | €6,988 | -€7,585 | -52.0% |
| Other amounts receivable | 41 | €23,025 | €80,238 | +€57,213 | +248% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €31,891 | €32,630 | +€738 | +2.3% |
| Total equity and liabilities | 10/49 | €1,481,008 | €958,680 | -€522,327 | -35.3% |
| Equity | 10/15 | -€131,380 | -€182,598 | -€51,218 | -39.0% |
| Contributions | 10/11 | €797,894 | €797,894 | = | 0.0% |
| Capital | 10 | €797,894 | €797,894 | = | 0.0% |
| Issued capital | 100 | €797,894 | €797,894 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€929,273 | -€980,492 | -€51,218 | -5.5% |
| Amounts payable | 17/49 | €1,612,387 | €1,141,278 | -€471,109 | -29.2% |
| Amounts payable within one year | 42/48 | €1,612,387 | €1,141,278 | -€471,109 | -29.2% |
| Trade debts | 44 | - | €1,381 | +€1,381 | |
| Suppliers | 440/4 | - | €1,381 | +€1,381 | |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Other amounts payable | 47/48 | €1,612,387 | €1,139,897 | -€472,490 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,581 | €20,058 | +€5,477 | +37.6% |
| Other operating charges | 640/8 | €6,110 | €7,000 | +€891 | +14.6% |
| Gross operating margin | 9900 | €7,944 | -€23,916 | -€31,861 | |
| Operating profit (loss) | 9901 | -€12,746 | -€50,975 | -€38,229 | -300% |
| Financial income | 75/76B | €7,751 | - | -€7,751 | |
| Recurring financial income | 75 | €7,751 | - | -€7,751 | |
| Financial charges | 65/66B | €165 | €244 | +€78 | +47.3% |
| Recurring financial charges | 65 | €165 | €244 | +€78 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,161 | -€51,218 | -€46,058 | -892% |
| Income taxes | 67/77 | €2,325 | - | -€2,325 | |
| Profit (loss) for the period | 9904 | -€7,486 | -€51,218 | -€43,732 | -584% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,486 | -€51,218 | -€43,732 | -584% |
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 28 October 2026 via checked.be.