IMMO VERMAAT: what changed
Two fiscal 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.
IMMO VERMAAT
Largest movements
- Stocks and contracts +€43,125
up €43,125 (+13.6%), from €317,747 to €360,873
- Other debts +€29,343
up €29,343 (+4.1%), from €708,089 to €737,432
- Trade debts +€25,550
up €25,550 (+38.4%), from €66,489 to €92,039
- Profit (loss) carried forward -€9,891
down €9,891 (-2.7%), from -€367,163 to -€377,053
- Gross operating margin +€6,813
up €6,813 (+44.9%), from -€15,172 to -€8,359
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 | €427,875 | €473,463 | +€45,587 | +10.7% |
| Fixed assets | 21/28 | €6,094 | €5,174 | -€920 | -15.1% |
| Tangible fixed assets | 22/27 | €1,084 | €164 | -€920 | -84.9% |
| Plant, machinery and equipment | 23 | €1,084 | €164 | -€920 | -84.9% |
| Financial fixed assets | 28 | €5,010 | €5,010 | = | 0.0% |
| Current assets | 29/58 | €421,782 | €468,289 | +€46,507 | +11.0% |
| Stocks and contracts in progress | 3 | €317,747 | €360,873 | +€43,125 | +13.6% |
| Stocks | 30/36 | €317,747 | €360,873 | +€43,125 | +13.6% |
| Amounts receivable within one year | 40/41 | €102,689 | €106,613 | +€3,924 | +3.8% |
| Trade receivables | 40 | - | €2,273 | +€2,273 | |
| Other amounts receivable | 41 | €102,689 | €104,340 | +€1,651 | +1.6% |
| Cash at bank and in hand | 54/58 | €1,345 | €157 | -€1,189 | -88.4% |
| Deferred charges and accrued income | 490/1 | - | €647 | +€647 | |
| Total equity and liabilities | 10/49 | €427,875 | €473,463 | +€45,587 | +10.7% |
| Equity | 10/15 | -€346,703 | -€358,453 | -€11,751 | -3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | -€367,163 | -€377,053 | -€9,891 | -2.7% |
| Amounts payable | 17/49 | €774,578 | €831,916 | +€57,338 | +7.4% |
| Amounts payable within one year | 42/48 | €774,578 | €829,471 | +€54,893 | +7.1% |
| Trade debts | 44 | €66,489 | €92,039 | +€25,550 | +38.4% |
| Suppliers | 440/4 | €66,489 | €92,039 | +€25,550 | +38.4% |
| Other amounts payable | 47/48 | €708,089 | €737,432 | +€29,343 | +4.1% |
| Accrued charges and deferred income | 492/3 | - | €2,445 | +€2,445 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €920 | €920 | = | 0.0% |
| Other operating charges | 640/8 | €493 | €505 | +€12 | +2.4% |
| Gross operating margin | 9900 | -€15,172 | -€8,359 | +€6,813 | +44.9% |
| Operating profit (loss) | 9901 | -€16,586 | -€9,785 | +€6,801 | +41.0% |
| Financial income | 75/76B | €490 | €497 | +€7 | +1.5% |
| Recurring financial income | 75 | €490 | €497 | +€7 | +1.5% |
| Financial charges | 65/66B | €2,378 | €2,463 | +€85 | +3.6% |
| Recurring financial charges | 65 | €2,378 | €2,463 | +€85 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,474 | -€11,751 | +€6,724 | +36.4% |
| Profit (loss) for the period | 9904 | -€18,474 | -€11,751 | +€6,724 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,474 | -€11,751 | +€6,724 | +36.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.