VYMACO: 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.
VYMACO
Largest movements
- Current investments +€192,700
up €192,700 (+36.5%), from €528,599 to €721,299
- Financial fixed assets +€71,499
up €71,499 (+24.9%), from €286,886 to €358,385
- Cash -€35,040
down €35,040 (-30.7%), from €114,069 to €79,029
mainly Other debts (-€229,315) and Current investments (-€192,700)
- Tangible fixed assets +€34,499
up €34,499 (+5.6%), from €618,927 to €653,426
of which Furniture and vehicles: +€58,972
- Profit (loss) carried forward +€446,690
up €446,690 (+42.2%), from €1.1m to €1.5m
- Other debts -€229,315
down €229,315 (-45.1%), from €508,545 to €279,231
- Tax, wage and social debts +€42,542
up €42,542 (+229%), from €18,602 to €61,145
of which Taxes: +€42,542
- Financial charges -€132,012
down €132,012 (-305%), from -€43,249 to -€175,261
- Gross operating margin -€23,614
down €23,614 (-4.6%), from €514,398 to €490,783
- Taxes -€13,294
down €13,294 (-10.4%), from €127,977 to €114,683
- Depreciation +€8,511
up €8,511 (+23.9%), from €35,604 to €44,115
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 | €1,611,976 | €1,887,976 | +€275,999 | +17.1% |
| Fixed assets | 21/28 | €905,813 | €1,011,811 | +€105,998 | +11.7% |
| Tangible fixed assets | 22/27 | €618,927 | €653,426 | +€34,499 | +5.6% |
| Land and buildings | 22 | €611,854 | €587,564 | -€24,290 | -4.0% |
| Plant, machinery and equipment | 23 | €183 | - | -€183 | |
| Furniture and vehicles | 24 | €6,890 | €65,862 | +€58,972 | +856% |
| Financial fixed assets | 28 | €286,886 | €358,385 | +€71,499 | +24.9% |
| Current assets | 29/58 | €706,163 | €876,164 | +€170,001 | +24.1% |
| Amounts receivable within one year | 40/41 | €60,408 | €70,026 | +€9,618 | +15.9% |
| Trade receivables | 40 | €60,408 | €70,026 | +€9,618 | +15.9% |
| Current investments | 50/53 | €528,599 | €721,299 | +€192,700 | +36.5% |
| Cash at bank and in hand | 54/58 | €114,069 | €79,029 | -€35,040 | -30.7% |
| Deferred charges and accrued income | 490/1 | €3,088 | €5,811 | +€2,723 | +88.2% |
| Total equity and liabilities | 10/49 | €1,611,976 | €1,887,976 | +€275,999 | +17.1% |
| Equity | 10/15 | €1,077,951 | €1,524,641 | +€446,690 | +41.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,057,500 | €1,504,190 | +€446,690 | +42.2% |
| Amounts payable | 17/49 | €534,025 | €363,335 | -€170,690 | -32.0% |
| Amounts payable within one year | 42/48 | €530,121 | €344,507 | -€185,614 | -35.0% |
| Trade debts | 44 | €2,973 | €4,132 | +€1,159 | +39.0% |
| Suppliers | 440/4 | €2,973 | €4,132 | +€1,159 | +39.0% |
| Taxes, remuneration and social security | 45 | €18,602 | €61,145 | +€42,542 | +229% |
| Taxes | 450/3 | €14,852 | €57,395 | +€42,542 | +286% |
| Remuneration and social security | 454/9 | €3,750 | €3,750 | = | 0.0% |
| Other amounts payable | 47/48 | €508,545 | €279,231 | -€229,315 | -45.1% |
| Accrued charges and deferred income | 492/3 | €3,904 | €18,828 | +€14,924 | +382% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,604 | €44,115 | +€8,511 | +23.9% |
| Other operating charges | 640/8 | €3,865 | €7,123 | +€3,258 | +84.3% |
| Gross operating margin | 9900 | €514,398 | €490,783 | -€23,614 | -4.6% |
| Operating profit (loss) | 9901 | €474,929 | €439,545 | -€35,383 | -7.5% |
| Financial income | 75/76B | €42,700 | €46,567 | +€3,867 | +9.1% |
| Recurring financial income | 75 | €39,953 | €40,754 | +€801 | +2.0% |
| Non-recurring financial income | 76B | €2,747 | €5,813 | +€3,066 | +112% |
| Financial charges | 65/66B | -€43,249 | -€175,261 | -€132,012 | -305% |
| Recurring financial charges | 65 | -€43,249 | -€175,261 | -€132,012 | -305% |
| Profit (loss) for the period before taxes | 9903 | €560,878 | €661,373 | +€100,495 | +17.9% |
| Income taxes | 67/77 | €127,977 | €114,683 | -€13,294 | -10.4% |
| Profit (loss) for the period | 9904 | €432,901 | €546,690 | +€113,789 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €432,901 | €546,690 | +€113,789 | +26.3% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.