VERAMTEX: 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.
VERAMTEX
Largest movements
- Financial fixed assets -€399,989
down €399,989 (-46.4%), from €862,732 to €462,744
- Receivables within one year +€109,796
up €109,796 (+30.6%), from €359,256 to €469,052
of which Trade receivables: +€108,244
- Cash +€36,207
up €36,207 (+188%), from €19,297 to €55,504
mainly Investment in fixed assets (net) (+€399,989) and Net result for the year (+€185,588)
- Trade debts -€579,039
down €579,039 (-50.9%), from €1.1m to €558,026
- Profit (loss) carried forward +€185,588
up €185,588 (+9.0%), from -€2.1m to -€1.9m
- Other debts +€149,000
new in 2025: €149,000
- Gross operating margin +€469,495
up €469,495, from -€93,093 to €376,402
- Financial charges +€401,004
up €401,004 (+10,065%), from €3,984 to €404,988
of which Non-recurring financial charges: +€399,989
- Financial income +€399,889
up €399,889 (+399,889%), from €100 to €399,989
of which Non-recurring financial income: +€399,989
- Staff costs +€11,299
up €11,299 (+14.2%), from €79,605 to €90,904
- Other operating charges -€4,794
down €4,794 (-4.9%), from €98,617 to €93,822
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 | €1,249,540 | €993,321 | -€256,219 | -20.5% |
| Fixed assets | 21/28 | €865,607 | €464,530 | -€401,076 | -46.3% |
| Tangible fixed assets | 22/27 | €2,874 | €1,786 | -€1,088 | -37.8% |
| Land and buildings | 22 | €1,792 | €1,214 | -€579 | -32.3% |
| Furniture and vehicles | 24 | €1,082 | €573 | -€509 | -47.0% |
| Financial fixed assets | 28 | €862,732 | €462,744 | -€399,989 | -46.4% |
| Current assets | 29/58 | €383,934 | €528,791 | +€144,858 | +37.7% |
| Amounts receivable within one year | 40/41 | €359,256 | €469,052 | +€109,796 | +30.6% |
| Trade receivables | 40 | €305,727 | €413,971 | +€108,244 | +35.4% |
| Other amounts receivable | 41 | €53,530 | €55,081 | +€1,551 | +2.9% |
| Cash at bank and in hand | 54/58 | €19,297 | €55,504 | +€36,207 | +188% |
| Deferred charges and accrued income | 490/1 | €5,380 | €4,235 | -€1,145 | -21.3% |
| Total equity and liabilities | 10/49 | €1,249,540 | €993,321 | -€256,219 | -20.5% |
| Equity | 10/15 | €79,839 | €265,427 | +€185,588 | +232% |
| Contributions | 10/11 | €2,068,024 | €2,068,024 | = | 0.0% |
| Capital | 10 | €2,068,024 | €2,068,024 | = | 0.0% |
| Issued capital | 100 | €2,068,024 | €2,068,024 | = | 0.0% |
| Reserves | 13 | €63,500 | €63,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €63,500 | €63,500 | = | 0.0% |
| Legal reserve | 130 | €63,500 | €63,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,051,685 | -€1,866,097 | +€185,588 | +9.0% |
| Amounts payable | 17/49 | €1,169,701 | €727,895 | -€441,807 | -37.8% |
| Amounts payable within one year | 42/48 | €1,169,701 | €727,895 | -€441,807 | -37.8% |
| Trade debts | 44 | €1,137,065 | €558,026 | -€579,039 | -50.9% |
| Suppliers | 440/4 | €1,137,065 | €558,026 | -€579,039 | -50.9% |
| Taxes, remuneration and social security | 45 | €32,637 | €20,869 | -€11,768 | -36.1% |
| Taxes | 450/3 | €18,194 | €7,109 | -€11,085 | -60.9% |
| Remuneration and social security | 454/9 | €14,443 | €13,760 | -€683 | -4.7% |
| Other amounts payable | 47/48 | - | €149,000 | +€149,000 | |
| Non-recurring operating income | 76A | €10,555 | - | -€10,555 | |
| Remuneration, social security and pensions | 62 | €79,605 | €90,904 | +€11,299 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,417 | €1,088 | -€330 | -23.3% |
| Other operating charges | 640/8 | €98,617 | €93,822 | -€4,794 | -4.9% |
| Gross operating margin | 9900 | -€93,093 | €376,402 | +€469,495 | |
| Operating profit (loss) | 9901 | -€272,732 | €190,588 | +€463,320 | |
| Financial income | 75/76B | €100 | €399,989 | +€399,889 | +399,889% |
| Recurring financial income | 75 | €100 | €0 | -€100 | -100.0% |
| Non-recurring financial income | 76B | - | €399,989 | +€399,989 | |
| Financial charges | 65/66B | €3,984 | €404,988 | +€401,004 | +10,065% |
| Recurring financial charges | 65 | €3,984 | €5,000 | +€1,016 | +25.5% |
| Non-recurring financial charges | 66B | - | €399,989 | +€399,989 | |
| Profit (loss) for the period before taxes | 9903 | -€276,616 | €185,588 | +€462,204 | |
| Profit (loss) for the period | 9904 | -€276,616 | €185,588 | +€462,204 | |
| Profit (loss) for the period to be appropriated | 9905 | -€276,616 | €185,588 | +€462,204 |
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 15 October 2026 via checked.be.