NV VERPIMMO: 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.
NV VERPIMMO
Largest movements
- Cash +€56,446
up €56,446 (+51.2%), from €110,186 to €166,633
mainly Depreciation (+€55,191) and Net result for the year (+€33,794)
- Tangible fixed assets -€37,613
down €37,613 (-14.1%), from €266,092 to €228,479
of which Land and buildings: -€34,696
- Receivables within one year -€17,350
down €17,350 (-55.5%), from €31,284 to €13,934
of which Trade receivables: -€14,824
- Deferred charges and accrued income -€9,352
down €9,352 (-89.3%), from €10,475 to €1,123
- Reserves +€32,128
up €32,128 (+41.2%), from €78,076 to €110,204
of which Distributable reserves: +€32,128
- Debts after one year -€29,784
down €29,784 (-40.5%), from €73,567 to €43,783
- Current portion of long-term debt -€11,611
down €11,611 (-38.4%), from €30,202 to €18,592
- Gross operating margin +€28,790
up €28,790 (+21.3%), from €135,293 to €164,083
- Taxes +€7,131
up €7,131 (+160%), from €4,468 to €11,598
- Other operating charges -€3,410
down €3,410 (-9.2%), from €36,934 to €33,523
- Staff costs +€3,049
up €3,049 (+12.1%), from €25,248 to €28,296
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 | €418,038 | €410,169 | -€7,869 | -1.9% |
| Fixed assets | 21/28 | €266,092 | €228,479 | -€37,613 | -14.1% |
| Tangible fixed assets | 22/27 | €266,092 | €228,479 | -€37,613 | -14.1% |
| Land and buildings | 22 | €225,662 | €190,966 | -€34,696 | -15.4% |
| Plant, machinery and equipment | 23 | - | €9,092 | +€9,092 | |
| Furniture and vehicles | 24 | €40,431 | €28,421 | -€12,009 | -29.7% |
| Current assets | 29/58 | €151,946 | €181,690 | +€29,744 | +19.6% |
| Amounts receivable within one year | 40/41 | €31,284 | €13,934 | -€17,350 | -55.5% |
| Trade receivables | 40 | €14,824 | - | -€14,824 | |
| Other amounts receivable | 41 | €16,460 | €13,934 | -€2,526 | -15.3% |
| Cash at bank and in hand | 54/58 | €110,186 | €166,633 | +€56,446 | +51.2% |
| Deferred charges and accrued income | 490/1 | €10,475 | €1,123 | -€9,352 | -89.3% |
| Total equity and liabilities | 10/49 | €418,038 | €410,169 | -€7,869 | -1.9% |
| Equity | 10/15 | €263,996 | €296,124 | +€32,128 | +12.2% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €78,076 | €110,204 | +€32,128 | +41.2% |
| Non-distributable reserves | 130/1 | €18,592 | €18,592 | = | 0.0% |
| Legal reserve | 130 | €18,592 | €18,592 | = | 0.0% |
| Distributable reserves | 133 | €59,484 | €91,612 | +€32,128 | +54.0% |
| Amounts payable | 17/49 | €154,042 | €114,045 | -€39,997 | -26.0% |
| Amounts payable after more than one year | 17 | €73,567 | €43,783 | -€29,784 | -40.5% |
| Financial debts | 170/4 | €73,567 | €43,783 | -€29,784 | -40.5% |
| Amounts payable within one year | 42/48 | €80,475 | €67,915 | -€12,560 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €30,202 | €18,592 | -€11,611 | -38.4% |
| Trade debts | 44 | €2,017 | €2,288 | +€271 | +13.4% |
| Suppliers | 440/4 | €2,017 | €2,288 | +€271 | +13.4% |
| Taxes, remuneration and social security | 45 | €4,622 | €4,803 | +€181 | +3.9% |
| Remuneration and social security | 454/9 | €4,622 | €4,803 | +€181 | +3.9% |
| Other amounts payable | 47/48 | €43,633 | €42,232 | -€1,401 | -3.2% |
| Accrued charges and deferred income | 492/3 | - | €2,346 | +€2,346 | |
| Remuneration, social security and pensions | 62 | €25,248 | €28,296 | +€3,049 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,736 | €55,191 | +€1,455 | +2.7% |
| Other operating charges | 640/8 | €36,934 | €33,523 | -€3,410 | -9.2% |
| Gross operating margin | 9900 | €135,293 | €164,083 | +€28,790 | +21.3% |
| Operating profit (loss) | 9901 | €19,376 | €47,072 | +€27,696 | +143% |
| Financial income | 75/76B | €2 | €0 | -€2 | -98.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -98.8% |
| Financial charges | 65/66B | €2,330 | €1,679 | -€651 | -27.9% |
| Recurring financial charges | 65 | €2,330 | €1,679 | -€651 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €17,047 | €45,393 | +€28,345 | +166% |
| Income taxes | 67/77 | €4,468 | €11,598 | +€7,131 | +160% |
| Profit (loss) for the period | 9904 | €12,580 | €33,794 | +€21,215 | +169% |
| Profit (loss) for the period to be appropriated | 9905 | €12,580 | €33,794 | +€21,215 | +169% |
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 14 October 2026 via checked.be.