Vercomed: 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.
Vercomed
Largest movements
- Deferred charges and accrued income -€64,845
down €64,845 (-53.4%), from €121,354 to €56,509
- Receivables within one year +€64,044
up €64,044 (+450%), from €14,221 to €78,265
of which Trade receivables: +€72,328
- Tangible fixed assets +€20,531
up €20,531 (+39.9%), from €51,502 to €72,033
of which Furniture and vehicles: +€16,178
- Cash +€11,649
up €11,649 (+20.9%), from €55,812 to €67,461
mainly Net result for the year (+€187,477) and Deferred charges and accrued income (+€64,845)
- Reserves +€189,906
new in 2025: €189,906
- Other debts -€168,629
down €168,629 (-87.2%), from €193,314 to €24,685
- Trade debts +€13,362
up €13,362 (+74.9%), from €17,837 to €31,199
- Tax, wage and social debts -€3,322
down €3,322 (-11.6%), from €28,738 to €25,417
- Gross operating margin -€9,587
down €9,587 (-3.5%), from €272,776 to €263,189
- Taxes -€6,618
down €6,618 (-10.3%), from €64,417 to €57,799
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 | €242,890 | €274,269 | +€31,379 | +12.9% |
| Fixed assets | 21/28 | €51,502 | €72,033 | +€20,531 | +39.9% |
| Tangible fixed assets | 22/27 | €51,502 | €72,033 | +€20,531 | +39.9% |
| Land and buildings | 22 | - | €4,353 | +€4,353 | |
| Furniture and vehicles | 24 | €51,502 | €67,681 | +€16,178 | +31.4% |
| Current assets | 29/58 | €191,387 | €202,236 | +€10,848 | +5.7% |
| Amounts receivable within one year | 40/41 | €14,221 | €78,265 | +€64,044 | +450% |
| Trade receivables | 40 | €4,031 | €76,359 | +€72,328 | +1,794% |
| Other amounts receivable | 41 | €10,190 | €1,906 | -€8,284 | -81.3% |
| Cash at bank and in hand | 54/58 | €55,812 | €67,461 | +€11,649 | +20.9% |
| Deferred charges and accrued income | 490/1 | €121,354 | €56,509 | -€64,845 | -53.4% |
| Total equity and liabilities | 10/49 | €242,890 | €274,269 | +€31,379 | +12.9% |
| Equity | 10/15 | €3,000 | €192,906 | +€189,906 | +6,330% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €189,906 | +€189,906 | |
| Distributable reserves | 133 | - | €189,906 | +€189,906 | |
| Amounts payable | 17/49 | €239,890 | €81,363 | -€158,527 | -66.1% |
| Amounts payable within one year | 42/48 | €239,890 | €81,301 | -€158,589 | -66.1% |
| Trade debts | 44 | €17,837 | €31,199 | +€13,362 | +74.9% |
| Suppliers | 440/4 | €17,837 | €31,199 | +€13,362 | +74.9% |
| Taxes, remuneration and social security | 45 | €28,738 | €25,417 | -€3,322 | -11.6% |
| Taxes | 450/3 | €28,738 | €25,417 | -€3,322 | -11.6% |
| Other amounts payable | 47/48 | €193,314 | €24,685 | -€168,629 | -87.2% |
| Accrued charges and deferred income | 492/3 | - | €63 | +€63 | |
| Non-recurring operating income | 76A | - | €8,407 | +€8,407 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,906 | €16,115 | +€1,209 | +8.1% |
| Other operating charges | 640/8 | €1,127 | €1,388 | +€261 | +23.2% |
| Gross operating margin | 9900 | €272,776 | €263,189 | -€9,587 | -3.5% |
| Operating profit (loss) | 9901 | €256,742 | €245,686 | -€11,057 | -4.3% |
| Financial income | 75/76B | €206 | €0 | -€206 | -100.0% |
| Recurring financial income | 75 | €206 | €0 | -€206 | -100.0% |
| Financial charges | 65/66B | €102 | €410 | +€307 | +300% |
| Recurring financial charges | 65 | €102 | €410 | +€307 | +300% |
| Profit (loss) for the period before taxes | 9903 | €256,846 | €245,276 | -€11,570 | -4.5% |
| Income taxes | 67/77 | €64,417 | €57,799 | -€6,618 | -10.3% |
| Profit (loss) for the period | 9904 | €192,429 | €187,477 | -€4,952 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €192,429 | €187,477 | -€4,952 | -2.6% |
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 17 October 2026 via checked.be.