VERGOTE SAM: 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.
VERGOTE SAM
Largest movements
- Cash +€35,308
up €35,308 (+15.4%), from €229,474 to €264,782
mainly Depreciation (+€46,133) and Net result for the year (+€45,613)
- Receivables within one year +€23,064
up €23,064 (+38.0%), from €60,654 to €83,718
of which Trade receivables: +€23,064
- Tangible fixed assets -€17,995
down €17,995 (-4.8%), from €376,799 to €358,803
of which Land and buildings: -€15,696
- Other debts +€44,615
up €44,615 (+19.8%), from €225,758 to €270,373
- Reserves +€13,899
up €13,899 (+5.4%), from €258,246 to €272,144
- Debts after one year -€12,639
down €12,639 (-12.7%), from €99,513 to €86,874
- Tax, wage and social debts -€12,542
down €12,542 (-36.4%), from €34,462 to €21,920
of which Taxes: -€12,542
- Accrued charges and deferred income +€9,126
up €9,126 (+85.6%), from €10,663 to €19,789
- Gross operating margin -€27,140
down €27,140 (-16.3%), from €166,098 to €138,958
- Taxes -€12,222
down €12,222 (-37.8%), from €32,357 to €20,136
- Financial charges +€7,976
up €7,976 (+48.4%), from €16,464 to €24,440
- Depreciation +€4,289
up €4,289 (+10.2%), from €41,844 to €46,133
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 | €670,490 | €710,828 | +€40,338 | +6.0% |
| Fixed assets | 21/28 | €376,799 | €358,803 | -€17,995 | -4.8% |
| Tangible fixed assets | 22/27 | €376,799 | €358,803 | -€17,995 | -4.8% |
| Land and buildings | 22 | €312,903 | €297,206 | -€15,696 | -5.0% |
| Plant, machinery and equipment | 23 | €23,028 | €15,263 | -€7,765 | -33.7% |
| Furniture and vehicles | 24 | €40,868 | €46,334 | +€5,466 | +13.4% |
| Current assets | 29/58 | €293,691 | €352,025 | +€58,333 | +19.9% |
| Amounts receivable within one year | 40/41 | €60,654 | €83,718 | +€23,064 | +38.0% |
| Trade receivables | 40 | €60,654 | €83,718 | +€23,064 | +38.0% |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €229,474 | €264,782 | +€35,308 | +15.4% |
| Deferred charges and accrued income | 490/1 | €3,564 | €3,525 | -€39 | -1.1% |
| Total equity and liabilities | 10/49 | €670,490 | €710,828 | +€40,338 | +6.0% |
| Equity | 10/15 | €282,324 | €296,223 | +€13,899 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €258,246 | €272,144 | +€13,899 | +5.4% |
| Distributable reserves | 133 | €258,246 | €272,144 | +€13,899 | +5.4% |
| Profit (loss) carried forward | 14 | €5,479 | €5,479 | = | 0.0% |
| Amounts payable | 17/49 | €388,166 | €414,605 | +€26,439 | +6.8% |
| Amounts payable after more than one year | 17 | €99,513 | €86,874 | -€12,639 | -12.7% |
| Financial debts | 170/4 | €99,513 | €86,874 | -€12,639 | -12.7% |
| Amounts payable within one year | 42/48 | €277,990 | €307,942 | +€29,952 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €12,646 | €12,643 | -€4 | 0.0% |
| Trade debts | 44 | €5,123 | €3,006 | -€2,118 | -41.3% |
| Suppliers | 440/4 | €5,123 | €3,006 | -€2,118 | -41.3% |
| Taxes, remuneration and social security | 45 | €34,462 | €21,920 | -€12,542 | -36.4% |
| Taxes | 450/3 | €31,910 | €19,368 | -€12,542 | -39.3% |
| Remuneration and social security | 454/9 | €2,553 | €2,553 | = | 0.0% |
| Other amounts payable | 47/48 | €225,758 | €270,373 | +€44,615 | +19.8% |
| Accrued charges and deferred income | 492/3 | €10,663 | €19,789 | +€9,126 | +85.6% |
| Remuneration, social security and pensions | 62 | - | €182 | +€182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,844 | €46,133 | +€4,289 | +10.2% |
| Other operating charges | 640/8 | €2,107 | €2,473 | +€366 | +17.4% |
| Gross operating margin | 9900 | €166,098 | €138,958 | -€27,140 | -16.3% |
| Operating profit (loss) | 9901 | €122,148 | €90,171 | -€31,977 | -26.2% |
| Financial income | 75/76B | €2 | €18 | +€16 | +819% |
| Recurring financial income | 75 | €2 | €18 | +€16 | +819% |
| Financial charges | 65/66B | €16,464 | €24,440 | +€7,976 | +48.4% |
| Recurring financial charges | 65 | €16,464 | €24,440 | +€7,976 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | €105,686 | €65,749 | -€39,937 | -37.8% |
| Income taxes | 67/77 | €32,357 | €20,136 | -€12,222 | -37.8% |
| Profit (loss) for the period | 9904 | €73,329 | €45,613 | -€27,715 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,329 | €45,613 | -€27,715 | -37.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.