VERGOOS: 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.
VERGOOS
Largest movements
- Current investments -€37,500
down €37,500 (-25.3%), from €148,131 to €110,631
- Tangible fixed assets -€29,596
down €29,596 (-7.8%), from €378,077 to €348,481
of which Land and buildings: -€25,710
- Cash -€8,250
down €8,250 (-12.5%), from €65,764 to €57,514
mainly Net result for the year (-€36,699) and Debts after one year (-€25,996)
- Debts after one year -€25,996
down €25,996 (-41.0%), from €63,403 to €37,407
- Profit (loss) carried forward -€22,080
down €22,080 (-35.3%), from -€62,630 to -€84,710
- Reserves -€14,619
down €14,619 (-4.3%), from €336,276 to €321,657
of which Tax-exempt reserves: -€14,619
- Provisions -€7,527
down €7,527 (-16.6%), from €45,408 to €37,881
- Depreciation -€8,451
down €8,451 (-22.2%), from €38,047 to €29,596
- Gross operating margin +€5,455
up €5,455 (+3981.8%), from €137 to €5,592
- Financial charges -€1,397
down €1,397 (-10.8%), from €12,978 to €11,581
- Financial income +€256
up €256 (+52.1%), from €491 to €747
- Taxes +€139
up €139 (+36.7%), from €379 to €518
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 | €591,972 | €516,626 | -€75,346 | -12.7% |
| Fixed assets | 21/28 | €378,077 | €348,481 | -€29,596 | -7.8% |
| Tangible fixed assets | 22/27 | €378,077 | €348,481 | -€29,596 | -7.8% |
| Land and buildings | 22 | €353,814 | €328,104 | -€25,710 | -7.3% |
| Plant, machinery and equipment | 23 | €8,067 | €8,067 | = | 0.0% |
| Furniture and vehicles | 24 | €16,196 | €12,310 | -€3,886 | -24.0% |
| Current assets | 29/58 | €213,895 | €168,145 | -€45,750 | -21.4% |
| Current investments | 50/53 | €148,131 | €110,631 | -€37,500 | -25.3% |
| Cash at bank and in hand | 54/58 | €65,764 | €57,514 | -€8,250 | -12.5% |
| Total equity and liabilities | 10/49 | €591,972 | €516,626 | -€75,346 | -12.7% |
| Equity | 10/15 | €294,055 | €257,356 | -€36,699 | -12.5% |
| Contributions | 10/11 | €20,409 | €20,409 | = | 0.0% |
| Reserves | 13 | €336,276 | €321,657 | -€14,619 | -4.3% |
| Tax-exempt reserves | 132 | €110,648 | €96,029 | -€14,619 | -13.2% |
| Distributable reserves | 133 | €225,628 | €225,628 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,630 | -€84,710 | -€22,080 | -35.3% |
| Provisions and deferred taxes | 16 | €45,408 | €37,881 | -€7,527 | -16.6% |
| Deferred taxes | 168 | €45,408 | €37,881 | -€7,527 | -16.6% |
| Amounts payable | 17/49 | €252,509 | €221,389 | -€31,120 | -12.3% |
| Amounts payable after more than one year | 17 | €63,403 | €37,407 | -€25,996 | -41.0% |
| Financial debts | 170/4 | €63,403 | €37,407 | -€25,996 | -41.0% |
| Amounts payable within one year | 42/48 | €169,896 | €166,404 | -€3,492 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €29,722 | €30,083 | +€361 | +1.2% |
| Trade debts | 44 | €51 | €491 | +€440 | +862.7% |
| Suppliers | 440/4 | €51 | €491 | +€440 | +862.7% |
| Other amounts payable | 47/48 | €140,123 | €135,830 | -€4,293 | -3.1% |
| Accrued charges and deferred income | 492/3 | €19,210 | €17,578 | -€1,632 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,047 | €29,596 | -€8,451 | -22.2% |
| Other operating charges | 640/8 | €6,910 | €6,929 | +€19 | +0.3% |
| Non-recurring operating charges | 66A | - | €1,942 | +€1,942 | |
| Gross operating margin | 9900 | €137 | €5,592 | +€5,455 | +3981.8% |
| Operating profit (loss) | 9901 | -€44,820 | -€32,875 | +€11,945 | +26.7% |
| Financial income | 75/76B | €491 | €747 | +€256 | +52.1% |
| Recurring financial income | 75 | €491 | €747 | +€256 | +52.1% |
| Financial charges | 65/66B | €12,978 | €11,581 | -€1,397 | -10.8% |
| Recurring financial charges | 65 | €12,978 | €11,581 | -€1,397 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | -€57,307 | -€43,709 | +€13,598 | +23.7% |
| Transfer from deferred taxes | 780 | €7,528 | €7,528 | = | 0.0% |
| Income taxes | 67/77 | €379 | €518 | +€139 | +36.7% |
| Profit (loss) for the period | 9904 | -€50,158 | -€36,699 | +€13,459 | +26.8% |
| Transfer from tax-exempt reserves | 789 | €14,620 | €14,619 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,538 | -€22,080 | +€13,458 | +37.9% |
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 7 October 2026 via checked.be.