VERANNEMAN: 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.
What changed
VERANNEMAN
NACE 47.741, Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€423,914
2024 · €449,168-€25,254
Equity
€15.9m
2024 · €15.7m+€203,970
Cash
€3.9m
2024 · €3.7m+€191,425
Balance sheet total
€19.3m
2024 · €19.4m-€142,475
Largest movements
Assets
- Receivables within one year -€246,304
down €246,304 (-7.0%), from €3.5m to €3.3m
of which Trade receivables: -€364,801
Equity and liabilities
- Accrued charges and deferred income -€431,365
down €431,365 (-59.6%), from €723,747 to €292,382
- Tax, wage and social debts -€239,906
down €239,906 (-28.8%), from €833,691 to €593,785
of which Taxes: -€235,262
- Profit (loss) carried forward +€203,914
up €203,914 (+1.9%), from €10.7m to €10.9m
Income statement
- Turnover -€1.1m
down €1.1m (-5.7%), from €19.6m to €18.5m
- Goods and materials -€833,184
down €833,184 (-9.1%), from €9.1m to €8.3m
of which Change in stocks: decrease (increase): -€478,362
- Services and other goods -€213,791
down €213,791 (-3.5%), from €6.2m to €6.0m
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.
Result 2024
€449,168
Turnover
-€1.1m
Other operating income
+€6,158
Goods and materials
+€833,184
Services and other goods
+€213,791
Staff costs
+€85,271
Depreciation
+€29,103
Write-downs
-€3,909
Provisions
-€90,000
Other operating charges
+€18,744
Financial income
-€33,245
Financial charges
+€14,816
Taxes
+€19,171
Result 2025
€423,914
Cash bridge derived
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.
From operations
+€593,715
Investment
-€162,610
Financing
-€239,680
Cash 2024
€3.7m
From operations (derived)
+€593,715
Net result for the year
+€423,914
Depreciation
+€279,528
Stocks and contracts
-€45,875
Receivables within one year
+€246,304
Deferred charges and accrued income
+€16,554
Provisions
+€144,108
Trade debts
+€131,595
Tax, wage and social debts
-€239,906
Other debts
+€68,858
Accrued charges and deferred income
-€431,365
Investment (derived)
-€162,610
Investment in fixed assets (net)
-€162,610
Financing
-€239,680
Debts after one year
-€17,964
Current portion of long-term debt
-€1,771
Contributions, distributions and other
-€219,945
Cash 2025
€3.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,394,068 | €19,251,593 | -€142,475 | -0.7% |
| Fixed assets | 21/28 | €10,974,657 | €10,857,739 | -€116,918 | -1.1% |
| Intangible fixed assets | 21 | €289,053 | €243,053 | -€46,000 | -15.9% |
| Tangible fixed assets | 22/27 | €1,781,655 | €1,707,522 | -€74,133 | -4.2% |
| Land and buildings | 22 | €1,286,620 | €1,204,123 | -€82,497 | -6.4% |
| Furniture and vehicles | 24 | €169,145 | €240,189 | +€71,044 | +42.0% |
| Leasing and similar rights | 25 | €66,035 | €48,270 | -€17,764 | -26.9% |
| Other tangible fixed assets | 26 | €259,855 | €214,939 | -€44,916 | -17.3% |
| Financial fixed assets | 28 | €8,903,949 | €8,907,164 | +€3,215 | 0.0% |
| Affiliated companies | 280/1 | €8,869,777 | €8,870,223 | +€446 | 0.0% |
| Participating interests | 280 | €8,869,777 | €8,870,223 | +€446 | 0.0% |
| Other financial fixed assets | 284/8 | €34,172 | €36,941 | +€2,769 | +8.1% |
| Amounts receivable and cash guarantees | 285/8 | €34,172 | €36,941 | +€2,769 | +8.1% |
| Current assets | 29/58 | €8,419,411 | €8,393,854 | -€25,557 | -0.3% |
| Stocks and contracts in progress | 3 | €1,175,494 | €1,221,369 | +€45,875 | +3.9% |
| Stocks | 30/36 | €1,175,494 | €1,221,369 | +€45,875 | +3.9% |
| Goods purchased for resale | 34 | €1,175,494 | €1,221,369 | +€45,875 | +3.9% |
| Amounts receivable within one year | 40/41 | €3,497,468 | €3,251,164 | -€246,304 | -7.0% |
| Trade receivables | 40 | €2,920,541 | €2,555,740 | -€364,801 | -12.5% |
| Other amounts receivable | 41 | €576,926 | €695,424 | +€118,497 | +20.5% |
| Cash at bank and in hand | 54/58 | €3,664,585 | €3,856,010 | +€191,425 | +5.2% |
| Deferred charges and accrued income | 490/1 | €81,864 | €65,311 | -€16,554 | -20.2% |
| Total equity and liabilities | 10/49 | €19,394,068 | €19,251,593 | -€142,475 | -0.7% |
| Equity | 10/15 | €15,743,756 | €15,947,725 | +€203,970 | +1.3% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €4,574,649 | €4,574,649 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €4,520,931 | €4,520,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,668,794 | €10,872,708 | +€203,914 | +1.9% |
| Investment grants | 15 | €312 | €368 | +€55 | +17.7% |
| Provisions and deferred taxes | 16 | €376,014 | €520,123 | +€144,108 | +38.3% |
| Provisions for liabilities and charges | 160/5 | €375,000 | €520,000 | +€145,000 | +38.7% |
| Other liabilities and charges | 164/5 | €375,000 | €520,000 | +€145,000 | +38.7% |
| Deferred taxes | 168 | €1,014 | €123 | -€892 | -87.9% |
| Amounts payable | 17/49 | €3,274,298 | €2,783,745 | -€490,553 | -15.0% |
| Amounts payable after more than one year | 17 | €50,083 | €32,119 | -€17,964 | -35.9% |
| Financial debts | 170/4 | €50,083 | €32,119 | -€17,964 | -35.9% |
| Leasing and similar obligations | 172 | €50,083 | €32,119 | -€17,964 | -35.9% |
| Amounts payable within one year | 42/48 | €2,500,468 | €2,459,244 | -€41,224 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €19,735 | €17,964 | -€1,771 | -9.0% |
| Trade debts | 44 | €1,494,901 | €1,626,496 | +€131,595 | +8.8% |
| Suppliers | 440/4 | €1,494,901 | €1,626,496 | +€131,595 | +8.8% |
| Taxes, remuneration and social security | 45 | €833,691 | €593,785 | -€239,906 | -28.8% |
| Taxes | 450/3 | €336,857 | €101,595 | -€235,262 | -69.8% |
| Remuneration and social security | 454/9 | €496,834 | €492,189 | -€4,645 | -0.9% |
| Other amounts payable | 47/48 | €152,142 | €221,000 | +€68,858 | +45.3% |
| Accrued charges and deferred income | 492/3 | €723,747 | €292,382 | -€431,365 | -59.6% |
| Operating income | 70/76A | €19,708,123 | €18,595,944 | -€1.1m | -5.6% |
| Turnover | 70 | €19,592,875 | €18,474,538 | -€1.1m | -5.7% |
| Other operating income | 74 | €115,248 | €121,406 | +€6,158 | +5.3% |
| Operating charges | 60/66A | €19,233,752 | €18,147,568 | -€1.1m | -5.6% |
| Goods for resale, raw materials and consumables | 60 | €9,137,382 | €8,304,198 | -€833,184 | -9.1% |
| Purchases | 600/8 | €8,704,895 | €8,350,073 | -€354,822 | -4.1% |
| Change in stocks: decrease (increase) | 609 | €432,487 | -€45,875 | -€478,362 | |
| Services and other goods | 61 | €6,166,561 | €5,952,770 | -€213,791 | -3.5% |
| Remuneration, social security and pensions | 62 | €3,423,009 | €3,337,737 | -€85,271 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €308,631 | €279,528 | -€29,103 | -9.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,822 | -€6,913 | +€3,909 | +36.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €55,000 | €145,000 | +€90,000 | +163.6% |
| Other operating charges | 640/8 | €153,992 | €135,248 | -€18,744 | -12.2% |
| Operating profit (loss) | 9901 | €474,371 | €448,376 | -€25,995 | -5.5% |
| Financial income | 75/76B | €236,283 | €203,037 | -€33,245 | -14.1% |
| Recurring financial income | 75 | €219,482 | €202,608 | -€16,875 | -7.7% |
| Income from current assets | 751 | €9,511 | €4,734 | -€4,777 | -50.2% |
| Other financial income | 752/9 | €209,971 | €197,873 | -€12,098 | -5.8% |
| Non-recurring financial income | 76B | €16,800 | €430 | -€16,371 | -97.4% |
| Financial charges | 65/66B | €61,675 | €46,858 | -€14,816 | -24.0% |
| Recurring financial charges | 65 | €61,675 | €46,858 | -€14,816 | -24.0% |
| Debt charges | 650 | €27,098 | €14,303 | -€12,795 | -47.2% |
| Other financial charges | 652/9 | €34,577 | €32,556 | -€2,021 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €648,979 | €604,555 | -€44,424 | -6.8% |
| Transfer from deferred taxes | 780 | €209 | €209 | = | 0.0% |
| Income taxes | 67/77 | €200,020 | €180,850 | -€19,171 | -9.6% |
| Taxes | 670/3 | €200,052 | €185,055 | -€14,996 | -7.5% |
| Tax adjustments and reversals of tax provisions | 77 | €32 | €4,206 | +€4,174 | +13235.1% |
| Profit (loss) for the period | 9904 | €449,168 | €423,914 | -€25,254 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €449,168 | €423,914 | -€25,254 | -5.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.