VERCONIMMO: 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.
VERCONIMMO
Largest movements
- Tangible fixed assets -€37,470
down €37,470 (-9.9%), from €378,616 to €341,146
- Receivables within one year +€33,000
up €33,000 (+57.1%), from €57,838 to €90,838
- Receivables after one year -€25,543
down €25,543 (-13.6%), from €187,284 to €161,741
- Cash +€11,169
up €11,169 (+24.8%), from €44,986 to €56,154
mainly Depreciation (+€37,470) and Receivables after one year (+€25,543)
- Debts after one year -€11,003
down €11,003 (-7.5%), from €147,417 to €136,414
of which Financial debts: -€11,003
- Gross operating margin +€38,438
up €38,438 (+109.3%), from €35,157 to €73,596
- Financial charges +€28,434
up €28,434 (+2063.2%), from €1,378 to €29,813
- Depreciation -€2,696
down €2,696 (-6.7%), from €40,166 to €37,470
- Taxes +€2,459
up €2,459 (+255.3%), from €963 to €3,422
- Other operating charges +€773
up €773 (+9.4%), from €8,235 to €9,008
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 | €668,723 | €649,880 | -€18,844 | -2.8% |
| Fixed assets | 21/28 | €378,616 | €341,146 | -€37,470 | -9.9% |
| Tangible fixed assets | 22/27 | €378,616 | €341,146 | -€37,470 | -9.9% |
| Land and buildings | 22 | €378,616 | €341,146 | -€37,470 | -9.9% |
| Current assets | 29/58 | €290,107 | €308,733 | +€18,626 | +6.4% |
| Amounts receivable after more than one year | 29 | €187,284 | €161,741 | -€25,543 | -13.6% |
| Other amounts receivable | 291 | €187,284 | €161,741 | -€25,543 | -13.6% |
| Amounts receivable within one year | 40/41 | €57,838 | €90,838 | +€33,000 | +57.1% |
| Other amounts receivable | 41 | €57,838 | €90,838 | +€33,000 | +57.1% |
| Cash at bank and in hand | 54/58 | €44,986 | €56,154 | +€11,169 | +24.8% |
| Total equity and liabilities | 10/49 | €668,723 | €649,880 | -€18,844 | -2.8% |
| Equity | 10/15 | €440,172 | €437,860 | -€2,312 | -0.5% |
| Contributions | 10/11 | €132,079 | €132,079 | = | 0.0% |
| Reserves | 13 | €308,093 | €305,781 | -€2,312 | -0.8% |
| Non-distributable reserves | 130/1 | €12,087 | €12,087 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,087 | €12,087 | = | 0.0% |
| Tax-exempt reserves | 132 | €122,771 | €111,356 | -€11,415 | -9.3% |
| Distributable reserves | 133 | €173,235 | €182,338 | +€9,104 | +5.3% |
| Provisions and deferred taxes | 16 | €40,225 | €36,420 | -€3,805 | -9.5% |
| Deferred taxes | 168 | €40,225 | €36,420 | -€3,805 | -9.5% |
| Amounts payable | 17/49 | €188,326 | €175,599 | -€12,727 | -6.8% |
| Amounts payable after more than one year | 17 | €147,417 | €136,414 | -€11,003 | -7.5% |
| Financial debts | 170/4 | €69,334 | €58,331 | -€11,003 | -15.9% |
| Other amounts payable | 178/9 | €78,083 | €78,083 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,909 | €39,185 | -€1,724 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €10,852 | €11,003 | +€150 | +1.4% |
| Trade debts | 44 | €23,649 | €23,144 | -€505 | -2.1% |
| Suppliers | 440/4 | €23,649 | €23,144 | -€505 | -2.1% |
| Taxes, remuneration and social security | 45 | €5,625 | €4,141 | -€1,484 | -26.4% |
| Taxes | 450/3 | €5,625 | €4,141 | -€1,484 | -26.4% |
| Other amounts payable | 47/48 | €783 | €897 | +€115 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,166 | €37,470 | -€2,696 | -6.7% |
| Other operating charges | 640/8 | €8,235 | €9,008 | +€773 | +9.4% |
| Gross operating margin | 9900 | €35,157 | €73,596 | +€38,438 | +109.3% |
| Operating profit (loss) | 9901 | -€13,244 | €27,118 | +€40,362 | |
| Financial income | 75/76B | €641 | €0 | -€641 | -100.0% |
| Recurring financial income | 75 | €641 | €0 | -€641 | -100.0% |
| Financial charges | 65/66B | €1,378 | €29,813 | +€28,434 | +2063.2% |
| Recurring financial charges | 65 | €1,378 | €29,813 | +€28,434 | +2063.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,981 | -€2,694 | +€11,287 | +80.7% |
| Transfer from deferred taxes | 780 | €4,125 | €3,805 | -€320 | -7.8% |
| Income taxes | 67/77 | €963 | €3,422 | +€2,459 | +255.3% |
| Profit (loss) for the period | 9904 | -€10,819 | -€2,312 | +€8,508 | +78.6% |
| Transfer from tax-exempt reserves | 789 | €12,375 | €11,415 | -€960 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,556 | €9,104 | +€7,548 | +485.0% |
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 1 October 2026 via checked.be.