Johan Vermeire: what changed
What changed
Johan Vermeire
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
-€3,452
2024 · -€33,982+€30,530
Equity
€443,490
2024 · €476,942-€33,452
Cash
€396,649
2024 · €408,138-€11,489
Balance sheet total
€555,043
2024 · €567,373-€12,330
Largest movements
Assets
- Cash -€11,489
down €11,489 (-2.8%), from €408,138 to €396,649
mainly Contributions, distributions and other (-€30,000) and Current investments (-€7,600)
- Current investments +€7,600
up €7,600 (+8.9%), from €85,522 to €93,122
Equity and liabilities
- Reserves -€30,000
down €30,000 (-14.7%), from €204,239 to €174,239
- Other debts +€22,989
up €22,989 (+145%), from €15,908 to €38,897
- Debts after one year -€7,198
down €7,198 (-45.2%), from €15,920 to €8,722
- Trade debts -€6,736
down €6,736 (-39.4%), from €17,076 to €10,340
- Advances received +€6,571
up €6,571 (+41.7%), from €15,772 to €22,343
Income statement
- Gross operating margin +€38,445
up €38,445 (+42.9%), from €89,696 to €128,142
- Staff costs +€37,805
up €37,805 (+38.5%), from €98,307 to €136,113
- Taxes -€30,452
down €30,452, from €24,834 to -€5,618
- Depreciation -€2,329
down €2,329 (-16.5%), from €14,102 to €11,773
- Financial income -€1,636
down €1,636 (-9.1%), from €18,046 to €16,410
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€33,982
Gross operating margin
+€38,445
Staff costs
-€37,805
Depreciation
+€2,329
Other operating charges
-€1,130
Financial income
-€1,636
Financial charges
-€125
Taxes
+€30,452
Result 2025
-€3,452
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€39,630
Investment
-€14,168
Financing
-€36,951
Cash 2024
€408,138
From operations (derived)
+€39,630
Net result for the year
-€3,452
Depreciation
+€11,773
Receivables within one year
+€4,236
Deferred charges and accrued income
-€1,000
Trade debts
-€6,736
Tax, wage and social debts
+€5,249
Advances received
+€6,571
Other debts
+€22,989
Investment (derived)
-€14,168
Investment in fixed assets (net)
-€6,568
Current investments
-€7,600
Financing
-€36,951
Debts after one year
-€7,198
Current portion of long-term debt
+€247
Contributions, distributions and other
-€30,000
Cash 2025
€396,649
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €567,373 | €555,043 | -€12,330 | -2.2% |
| Fixed assets | 21/28 | €44,369 | €39,164 | -€5,205 | -11.7% |
| Tangible fixed assets | 22/27 | €44,369 | €39,164 | -€5,205 | -11.7% |
| Land and buildings | 22 | €7,418 | €7,162 | -€257 | -3.5% |
| Plant, machinery and equipment | 23 | €10,206 | €15,314 | +€5,108 | +50.0% |
| Furniture and vehicles | 24 | €26,744 | €16,688 | -€10,056 | -37.6% |
| Current assets | 29/58 | €523,004 | €515,879 | -€7,125 | -1.4% |
| Amounts receivable within one year | 40/41 | €26,898 | €22,661 | -€4,236 | -15.7% |
| Trade receivables | 40 | €24,703 | €22,661 | -€2,042 | -8.3% |
| Other amounts receivable | 41 | €2,194 | - | -€2,194 | |
| Current investments | 50/53 | €85,522 | €93,122 | +€7,600 | +8.9% |
| Cash at bank and in hand | 54/58 | €408,138 | €396,649 | -€11,489 | -2.8% |
| Deferred charges and accrued income | 490/1 | €2,447 | €3,446 | +€1,000 | +40.9% |
| Total equity and liabilities | 10/49 | €567,373 | €555,043 | -€12,330 | -2.2% |
| Equity | 10/15 | €476,942 | €443,490 | -€33,452 | -7.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €204,239 | €174,239 | -€30,000 | -14.7% |
| Non-distributable reserves | 130/1 | €204,239 | €174,239 | -€30,000 | -14.7% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €189,239 | €159,239 | -€30,000 | -15.9% |
| Profit (loss) carried forward | 14 | €122,702 | €119,250 | -€3,452 | -2.8% |
| Amounts payable | 17/49 | €90,431 | €111,553 | +€21,122 | +23.4% |
| Amounts payable after more than one year | 17 | €15,920 | €8,722 | -€7,198 | -45.2% |
| Financial debts | 170/4 | €15,920 | €8,722 | -€7,198 | -45.2% |
| Amounts payable within one year | 42/48 | €74,511 | €102,831 | +€28,320 | +38.0% |
| Current portion of amounts payable after more than one year | 42 | €6,951 | €7,198 | +€247 | +3.6% |
| Trade debts | 44 | €17,076 | €10,340 | -€6,736 | -39.4% |
| Suppliers | 440/4 | €17,076 | €10,340 | -€6,736 | -39.4% |
| Advances received on contracts in progress | 46 | €15,772 | €22,343 | +€6,571 | +41.7% |
| Taxes, remuneration and social security | 45 | €18,804 | €24,053 | +€5,249 | +27.9% |
| Taxes | 450/3 | €6,733 | €2,100 | -€4,633 | -68.8% |
| Remuneration and social security | 454/9 | €12,071 | €21,953 | +€9,882 | +81.9% |
| Other amounts payable | 47/48 | €15,908 | €38,897 | +€22,989 | +145% |
| Remuneration, social security and pensions | 62 | €98,307 | €136,113 | +€37,805 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,102 | €11,773 | -€2,329 | -16.5% |
| Other operating charges | 640/8 | €3,303 | €4,433 | +€1,130 | +34.2% |
| Gross operating margin | 9900 | €89,696 | €128,142 | +€38,445 | +42.9% |
| Operating profit (loss) | 9901 | -€26,016 | -€24,177 | +€1,839 | +7.1% |
| Financial income | 75/76B | €18,046 | €16,410 | -€1,636 | -9.1% |
| Recurring financial income | 75 | €18,046 | €16,410 | -€1,636 | -9.1% |
| Financial charges | 65/66B | €1,179 | €1,303 | +€125 | +10.6% |
| Recurring financial charges | 65 | €1,179 | €1,303 | +€125 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,148 | -€9,070 | +€78 | +0.9% |
| Income taxes | 67/77 | €24,834 | -€5,618 | -€30,452 | |
| Profit (loss) for the period | 9904 | -€33,982 | -€3,452 | +€30,530 | +89.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,982 | -€3,452 | +€30,530 | +89.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.