BO-VERMOL: 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.
BO-VERMOL
Largest movements
- Receivables within one year +€11,501
up €11,501 (+13.3%), from €86,514 to €98,016
of which Other amounts receivable: +€11,142
- Reserves +€11,594
up €11,594 (+13.1%), from €88,780 to €100,374
of which Distributable reserves: +€11,594
- Profit (loss) carried forward -€1,565
no longer reported in 2024 (was €1,565)
- Tax, wage and social debts +€1,418
up €1,418 (+15.1%), from €9,391 to €10,809
- Financial income +€1,277
up €1,277 (+30.3%), from €4,217 to €5,494
- Gross operating margin +€1,100
up €1,100 (+10.3%), from €10,727 to €11,827
- Taxes +€944
up €944 (+20.7%), from €4,556 to €5,500
- Other operating charges -€161
down €161 (-13.5%), from €1,195 to €1,034
- Depreciation +€149
up €149 (+27.6%), from €541 to €690
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,196 | €134,599 | +€10,404 | +8.4% |
| Fixed assets | 21/28 | €36,658 | €35,968 | -€690 | -1.9% |
| Tangible fixed assets | 22/27 | €1,658 | €968 | -€690 | -41.6% |
| Plant, machinery and equipment | 23 | €901 | €413 | -€488 | -54.1% |
| Furniture and vehicles | 24 | €757 | €555 | -€203 | -26.8% |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €87,537 | €98,631 | +€11,094 | +12.7% |
| Amounts receivable within one year | 40/41 | €86,514 | €98,016 | +€11,501 | +13.3% |
| Trade receivables | 40 | €1,434 | €1,793 | +€359 | +25.0% |
| Other amounts receivable | 41 | €85,080 | €96,223 | +€11,142 | +13.1% |
| Cash at bank and in hand | 54/58 | €905 | €493 | -€412 | -45.5% |
| Deferred charges and accrued income | 490/1 | €118 | €123 | +€5 | +4.2% |
| Total equity and liabilities | 10/49 | €124,196 | €134,599 | +€10,404 | +8.4% |
| Equity | 10/15 | €108,937 | €118,966 | +€10,029 | +9.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €88,780 | €100,374 | +€11,594 | +13.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €86,921 | €98,514 | +€11,594 | +13.3% |
| Profit (loss) carried forward | 14 | €1,565 | - | -€1,565 | |
| Amounts payable | 17/49 | €15,258 | €15,633 | +€375 | +2.5% |
| Amounts payable within one year | 42/48 | €15,258 | €15,633 | +€375 | +2.5% |
| Trade debts | 44 | €1,043 | - | -€1,043 | |
| Suppliers | 440/4 | €1,043 | - | -€1,043 | |
| Taxes, remuneration and social security | 45 | €9,391 | €10,809 | +€1,418 | +15.1% |
| Taxes | 450/3 | €9,391 | €10,809 | +€1,418 | +15.1% |
| Other amounts payable | 47/48 | €4,824 | €4,824 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €541 | €690 | +€149 | +27.6% |
| Other operating charges | 640/8 | €1,195 | €1,034 | -€161 | -13.5% |
| Gross operating margin | 9900 | €10,727 | €11,827 | +€1,100 | +10.3% |
| Operating profit (loss) | 9901 | €8,990 | €10,102 | +€1,112 | +12.4% |
| Financial income | 75/76B | €4,217 | €5,494 | +€1,277 | +30.3% |
| Recurring financial income | 75 | €4,217 | €5,494 | +€1,277 | +30.3% |
| Financial charges | 65/66B | €39 | €68 | +€29 | +73.9% |
| Recurring financial charges | 65 | €39 | €68 | +€29 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | €13,169 | €15,529 | +€2,360 | +17.9% |
| Income taxes | 67/77 | €4,556 | €5,500 | +€944 | +20.7% |
| Profit (loss) for the period | 9904 | €8,612 | €10,029 | +€1,416 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,612 | €10,029 | +€1,416 | +16.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.