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 -€26,280
down €26,280 (-67.5%), from €38,927 to €12,647
mainly Contributions, distributions and other (-€78,542) and Receivables within one year (-€1,152)
- Receivables after one year -€20,377
down €20,377 (-100.0%), from €20,377 to €0
- Tangible fixed assets -€2,048
down €2,048 (-23.9%), from €8,568 to €6,520
of which Furniture and vehicles: -€1,288
- Receivables within one year +€1,152
up €1,152 (+6.2%), from €18,605 to €19,757
of which Trade receivables: +€4,901
- Reserves -€56,578
down €56,578 (-72.0%), from €78,542 to €21,964
- Other debts +€6,076
up €6,076 (+651.1%), from €933 to €7,009
- Tax, wage and social debts +€2,563
up €2,563 (+60.5%), from €4,235 to €6,798
of which Remuneration and social security: +€3,760
- Gross operating margin +€752
up €752 (+2.5%), from €29,575 to €30,327
- Financial income +€482
up €482 (+154.5%), from €312 to €795
- Taxes +€357
up €357 (+5.9%), from €6,036 to €6,393
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 | €86,477 | €38,925 | -€47,552 | -55.0% |
| Fixed assets | 21/28 | €8,568 | €6,520 | -€2,048 | -23.9% |
| Tangible fixed assets | 22/27 | €8,568 | €6,520 | -€2,048 | -23.9% |
| Furniture and vehicles | 24 | €2,679 | €1,391 | -€1,288 | -48.1% |
| Other tangible fixed assets | 26 | €5,888 | €5,129 | -€760 | -12.9% |
| Current assets | 29/58 | €77,909 | €32,405 | -€45,505 | -58.4% |
| Amounts receivable after more than one year | 29 | €20,377 | €0 | -€20,377 | -100.0% |
| Other amounts receivable | 291 | €20,377 | €0 | -€20,377 | -100.0% |
| Amounts receivable within one year | 40/41 | €18,605 | €19,757 | +€1,152 | +6.2% |
| Trade receivables | 40 | €10,285 | €15,186 | +€4,901 | +47.6% |
| Other amounts receivable | 41 | €8,320 | €4,571 | -€3,748 | -45.1% |
| Cash at bank and in hand | 54/58 | €38,927 | €12,647 | -€26,280 | -67.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €86,477 | €38,925 | -€47,552 | -55.0% |
| Equity | 10/15 | €79,542 | €22,964 | -€56,578 | -71.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €78,542 | €21,964 | -€56,578 | -72.0% |
| Distributable reserves | 133 | €78,542 | €21,964 | -€56,578 | -72.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,935 | €15,961 | +€9,026 | +130.2% |
| Amounts payable within one year | 42/48 | €6,935 | €15,961 | +€9,026 | +130.2% |
| Trade debts | 44 | €1,767 | €2,154 | +€387 | +21.9% |
| Suppliers | 440/4 | €1,767 | €2,154 | +€387 | +21.9% |
| Taxes, remuneration and social security | 45 | €4,235 | €6,798 | +€2,563 | +60.5% |
| Taxes | 450/3 | €4,235 | €3,038 | -€1,197 | -28.3% |
| Remuneration and social security | 454/9 | €0 | €3,760 | +€3,760 | |
| Other amounts payable | 47/48 | €933 | €7,009 | +€6,076 | +651.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,222 | €2,048 | -€174 | -7.8% |
| Other operating charges | 640/8 | €568 | €615 | +€47 | +8.3% |
| Gross operating margin | 9900 | €29,575 | €30,327 | +€752 | +2.5% |
| Operating profit (loss) | 9901 | €26,785 | €27,664 | +€879 | +3.3% |
| Financial income | 75/76B | €312 | €795 | +€482 | +154.5% |
| Recurring financial income | 75 | €312 | €795 | +€482 | +154.5% |
| Financial charges | 65/66B | €79 | €102 | +€23 | +28.8% |
| Recurring financial charges | 65 | €79 | €102 | +€23 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | €27,018 | €28,357 | +€1,339 | +5.0% |
| Income taxes | 67/77 | €6,036 | €6,393 | +€357 | +5.9% |
| Profit (loss) for the period | 9904 | €20,982 | €21,964 | +€982 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,982 | €21,964 | +€982 | +4.7% |
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.