VERCOME: 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.
VERCOME
Largest movements
- Cash +€32,026
up €32,026 (+62.9%), from €50,934 to €82,960
mainly Net result for the year (+€50,419) and Depreciation (+€7,544)
- Deferred charges and accrued income +€15,554
up €15,554 (+1050.6%), from €1,481 to €17,035
- Receivables within one year +€5,808
up €5,808 (+32.4%), from €17,908 to €23,716
of which Other amounts receivable: +€6,241
- Tangible fixed assets -€4,966
down €4,966 (-34.2%), from €14,530 to €9,564
- Profit (loss) carried forward +€50,419
up €50,419 (+77.0%), from €65,507 to €115,926
- Tax, wage and social debts -€14,222
down €14,222 (-69.4%), from €20,483 to €6,261
of which Taxes: -€11,122
- Trade debts +€5,656
up €5,656 (+180.5%), from €3,134 to €8,790
- Accrued charges and deferred income +€4,407
new in 2025: €4,407
- Gross operating margin -€15,817
down €15,817 (-17.4%), from €90,823 to €75,007
- Taxes -€3,784
down €3,784 (-21.6%), from €17,543 to €13,759
- Other operating charges +€1,394
up €1,394 (+361.0%), from €386 to €1,780
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,286 | €140,255 | +€46,968 | +50.3% |
| Formation expenses | 20 | €1,273 | €850 | -€423 | -33.3% |
| Fixed assets | 21/28 | €21,690 | €15,694 | -€5,997 | -27.6% |
| Intangible fixed assets | 21 | €7,160 | €6,129 | -€1,030 | -14.4% |
| Tangible fixed assets | 22/27 | €14,530 | €9,564 | -€4,966 | -34.2% |
| Furniture and vehicles | 24 | €14,530 | €9,564 | -€4,966 | -34.2% |
| Current assets | 29/58 | €70,323 | €123,711 | +€53,388 | +75.9% |
| Amounts receivable within one year | 40/41 | €17,908 | €23,716 | +€5,808 | +32.4% |
| Trade receivables | 40 | €17,908 | €17,474 | -€434 | -2.4% |
| Other amounts receivable | 41 | €0 | €6,241 | +€6,241 | |
| Cash at bank and in hand | 54/58 | €50,934 | €82,960 | +€32,026 | +62.9% |
| Deferred charges and accrued income | 490/1 | €1,481 | €17,035 | +€15,554 | +1050.6% |
| Total equity and liabilities | 10/49 | €93,286 | €140,255 | +€46,968 | +50.3% |
| Equity | 10/15 | €68,007 | €118,426 | +€50,419 | +74.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,507 | €115,926 | +€50,419 | +77.0% |
| Amounts payable | 17/49 | €25,279 | €21,829 | -€3,451 | -13.6% |
| Amounts payable within one year | 42/48 | €25,279 | €17,422 | -€7,858 | -31.1% |
| Financial debts | 43 | - | €818 | +€818 | |
| Other loans | 439 | - | €818 | +€818 | |
| Trade debts | 44 | €3,134 | €8,790 | +€5,656 | +180.5% |
| Suppliers | 440/4 | €3,134 | €8,790 | +€5,656 | +180.5% |
| Taxes, remuneration and social security | 45 | €20,483 | €6,261 | -€14,222 | -69.4% |
| Taxes | 450/3 | €17,383 | €6,261 | -€11,122 | -64.0% |
| Remuneration and social security | 454/9 | €3,100 | €0 | -€3,100 | -100.0% |
| Other amounts payable | 47/48 | €1,662 | €1,553 | -€109 | -6.5% |
| Accrued charges and deferred income | 492/3 | - | €4,407 | +€4,407 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,859 | €7,544 | -€315 | -4.0% |
| Other operating charges | 640/8 | €386 | €1,780 | +€1,394 | +361.0% |
| Non-recurring operating charges | 66A | - | €1,211 | +€1,211 | |
| Gross operating margin | 9900 | €90,823 | €75,007 | -€15,817 | -17.4% |
| Operating profit (loss) | 9901 | €82,578 | €64,472 | -€18,106 | -21.9% |
| Financial charges | 65/66B | €46 | €294 | +€248 | +533.4% |
| Recurring financial charges | 65 | €46 | €294 | +€248 | +533.4% |
| Profit (loss) for the period before taxes | 9903 | €82,531 | €64,177 | -€18,354 | -22.2% |
| Income taxes | 67/77 | €17,543 | €13,759 | -€3,784 | -21.6% |
| Profit (loss) for the period | 9904 | €64,989 | €50,419 | -€14,570 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,989 | €50,419 | -€14,570 | -22.4% |
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 4 October 2026 via checked.be.