VERIMCO: 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.
VERIMCO
Largest movements
- Cash +€4,294
up €4,294 (+6.8%), from €63,415 to €67,710
mainly Depreciation (+€3,352) and Net result for the year (+€2,862)
- Tangible fixed assets -€3,352
down €3,352 (-13.0%), from €25,777 to €22,425
of which Other tangible fixed assets: -€3,352
- Reserves +€2,860
up €2,860 (+89.9%), from €3,181 to €6,041
of which Distributable reserves: +€2,717
- Other debts -€2,000
down €2,000 (-47.9%), from €4,174 to €2,174
- Gross operating margin +€3,352
up €3,352 (+70.1%), from €4,783 to €8,135
- Depreciation -€704
down €704 (-17.4%), from €4,056 to €3,352
- Taxes +€286
new in 2025: €286
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 | €101,117 | €102,244 | +€1,127 | +1.1% |
| Fixed assets | 21/28 | €25,777 | €22,425 | -€3,352 | -13.0% |
| Tangible fixed assets | 22/27 | €25,777 | €22,425 | -€3,352 | -13.0% |
| Land and buildings | 22 | €16,940 | €16,940 | = | 0.0% |
| Other tangible fixed assets | 26 | €8,837 | €5,485 | -€3,352 | -37.9% |
| Current assets | 29/58 | €75,340 | €79,819 | +€4,479 | +5.9% |
| Amounts receivable within one year | 40/41 | €48 | €48 | = | 0.0% |
| Other amounts receivable | 41 | €48 | €48 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €63,415 | €67,710 | +€4,294 | +6.8% |
| Deferred charges and accrued income | 490/1 | €11,876 | €12,061 | +€184 | +1.6% |
| Total equity and liabilities | 10/49 | €101,117 | €102,244 | +€1,127 | +1.1% |
| Equity | 10/15 | €93,385 | €96,247 | +€2,862 | +3.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €3,181 | €6,041 | +€2,860 | +89.9% |
| Non-distributable reserves | 130/1 | €3,181 | €3,324 | +€143 | +4.5% |
| Legal reserve | 130 | €3,181 | €3,324 | +€143 | +4.5% |
| Distributable reserves | 133 | - | €2,717 | +€2,717 | |
| Profit (loss) carried forward | 14 | €28,230 | €28,233 | +€2 | 0.0% |
| Amounts payable | 17/49 | €7,733 | €5,997 | -€1,736 | -22.4% |
| Amounts payable within one year | 42/48 | €4,174 | €2,402 | -€1,772 | -42.5% |
| Taxes, remuneration and social security | 45 | - | €228 | +€228 | |
| Taxes | 450/3 | - | €228 | +€228 | |
| Other amounts payable | 47/48 | €4,174 | €2,174 | -€2,000 | -47.9% |
| Accrued charges and deferred income | 492/3 | €3,559 | €3,595 | +€36 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,056 | €3,352 | -€704 | -17.4% |
| Other operating charges | 640/8 | €1,649 | €1,700 | +€51 | +3.1% |
| Gross operating margin | 9900 | €4,783 | €8,135 | +€3,352 | +70.1% |
| Operating profit (loss) | 9901 | -€923 | €3,083 | +€4,006 | |
| Financial income | 75/76B | €162 | €194 | +€32 | +20.0% |
| Recurring financial income | 75 | €162 | €194 | +€32 | +20.0% |
| Financial charges | 65/66B | €62 | €128 | +€66 | +105.7% |
| Recurring financial charges | 65 | €62 | €128 | +€66 | +105.7% |
| Profit (loss) for the period before taxes | 9903 | -€824 | €3,148 | +€3,972 | |
| Income taxes | 67/77 | - | €286 | +€286 | |
| Profit (loss) for the period | 9904 | -€824 | €2,862 | +€3,686 | |
| Profit (loss) for the period to be appropriated | 9905 | -€824 | €2,862 | +€3,686 |
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 3 October 2026 via checked.be.