VERIMM: 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.
What changed
VERIMM
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,910
2024 · €107,449-€99,538
Equity
€341,481
2024 · €334,746+€6,734
Cash
€215,896
2024 · €165,042+€50,854
Balance sheet total
€632,705
2024 · €635,366-€2,661
Largest movements
Assets
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Tangible fixed assets +€149,393
up €149,393 (+61.3%), from €243,571 to €392,964
of which Land and buildings: +€148,075
- Cash +€50,854
up €50,854 (+30.8%), from €165,042 to €215,896
mainly Current investments (+€200,000) and Depreciation (+€22,718)
- Intangible fixed assets -€8,850
down €8,850 (-50.0%), from €17,700 to €8,850
Equity and liabilities
- Debts after one year -€7,177
down €7,177 (-3.8%), from €189,198 to €182,021
Income statement
- Gross operating margin -€105,706
down €105,706 (-62.8%), from €168,235 to €62,529
- Other operating charges +€19,570
up €19,570 (+341%), from €5,735 to €25,305
- Taxes -€9,250
down €9,250 (-69.3%), from €13,344 to €4,094
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.
Result 2024
€107,449
Gross operating margin
-€105,706
Depreciation
-€1,582
Other operating charges
-€19,570
Financial income
-€745
Financial charges
-€436
Taxes
+€9,250
Deferred taxes and other
+€19,250
Result 2025
€7,910
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€20,583
Investment
+€36,739
Financing
-€6,468
Cash 2024
€165,042
From operations (derived)
+€20,583
Net result for the year
+€7,910
Depreciation
+€22,718
Receivables within one year
-€5,948
Smaller working-capital items
-€88
Trade debts
-€998
Tax, wage and social debts
-€4,687
Other debts
+€1,001
Accrued charges and deferred income
+€675
Investment (derived)
+€36,739
Investment in fixed assets (net)
-€163,261
Current investments
+€200,000
Financing
-€6,468
Debts after one year
-€7,177
Current portion of long-term debt
+€1,885
Contributions, distributions and other
-€1,176
Cash 2025
€215,896
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €635,366 | €632,705 | -€2,661 | -0.4% |
| Fixed assets | 21/28 | €261,271 | €401,814 | +€140,543 | +53.8% |
| Intangible fixed assets | 21 | €17,700 | €8,850 | -€8,850 | -50.0% |
| Tangible fixed assets | 22/27 | €243,571 | €392,964 | +€149,393 | +61.3% |
| Land and buildings | 22 | €237,923 | €385,998 | +€148,075 | +62.2% |
| Plant, machinery and equipment | 23 | €5,160 | €3,969 | -€1,191 | -23.1% |
| Furniture and vehicles | 24 | - | €2,997 | +€2,997 | |
| Other tangible fixed assets | 26 | €488 | - | -€488 | |
| Current assets | 29/58 | €374,095 | €230,891 | -€143,204 | -38.3% |
| Stocks and contracts in progress | 3 | €464 | €464 | = | 0.0% |
| Stocks | 30/36 | €464 | €464 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,635 | €13,583 | +€5,948 | +77.9% |
| Trade receivables | 40 | €3,646 | €4,962 | +€1,316 | +36.1% |
| Other amounts receivable | 41 | €3,989 | €8,621 | +€4,632 | +116% |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €165,042 | €215,896 | +€50,854 | +30.8% |
| Deferred charges and accrued income | 490/1 | €954 | €949 | -€6 | -0.6% |
| Total equity and liabilities | 10/49 | €635,366 | €632,705 | -€2,661 | -0.4% |
| Equity | 10/15 | €334,746 | €341,481 | +€6,734 | +2.0% |
| Contributions | 10/11 | €18,600 | €24,600 | +€6,000 | +32.3% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €316,146 | €316,881 | +€734 | +0.2% |
| Non-distributable reserves | 130/1 | €6,000 | - | -€6,000 | |
| Legal reserve | 130 | €6,000 | - | -€6,000 | |
| Tax-exempt reserves | 132 | €75,120 | €74,744 | -€376 | -0.5% |
| Distributable reserves | 133 | €235,026 | €242,137 | +€7,110 | +3.0% |
| Provisions and deferred taxes | 16 | €18,780 | €18,686 | -€94 | -0.5% |
| Deferred taxes | 168 | €18,780 | €18,686 | -€94 | -0.5% |
| Amounts payable | 17/49 | €281,840 | €272,539 | -€9,301 | -3.3% |
| Amounts payable after more than one year | 17 | €189,198 | €182,021 | -€7,177 | -3.8% |
| Financial debts | 170/4 | €189,198 | €182,021 | -€7,177 | -3.8% |
| Amounts payable within one year | 42/48 | €90,769 | €87,971 | -€2,799 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €15,292 | €17,177 | +€1,885 | +12.3% |
| Trade debts | 44 | €3,375 | €2,377 | -€998 | -29.6% |
| Suppliers | 440/4 | €3,375 | €2,377 | -€998 | -29.6% |
| Taxes, remuneration and social security | 45 | €9,070 | €4,383 | -€4,687 | -51.7% |
| Taxes | 450/3 | €9,070 | €4,383 | -€4,687 | -51.7% |
| Other amounts payable | 47/48 | €63,032 | €64,033 | +€1,001 | +1.6% |
| Accrued charges and deferred income | 492/3 | €1,872 | €2,547 | +€675 | +36.1% |
| Non-recurring operating income | 76A | €93,900 | - | -€93,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,136 | €22,718 | +€1,582 | +7.5% |
| Other operating charges | 640/8 | €5,735 | €25,305 | +€19,570 | +341% |
| Gross operating margin | 9900 | €168,235 | €62,529 | -€105,706 | -62.8% |
| Operating profit (loss) | 9901 | €141,364 | €14,506 | -€126,858 | -89.7% |
| Financial income | 75/76B | €2,676 | €1,931 | -€745 | -27.8% |
| Recurring financial income | 75 | €2,676 | €1,931 | -€745 | -27.8% |
| Financial charges | 65/66B | €4,467 | €4,903 | +€436 | +9.8% |
| Recurring financial charges | 65 | €4,467 | €4,903 | +€436 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €139,573 | €11,534 | -€128,039 | -91.7% |
| Transfer from deferred taxes | 780 | - | €470 | +€470 | |
| Transfer to deferred taxes | 680 | €18,780 | - | -€18,780 | |
| Income taxes | 67/77 | €13,344 | €4,094 | -€9,250 | -69.3% |
| Profit (loss) for the period | 9904 | €107,449 | €7,910 | -€99,538 | -92.6% |
| Transfer to tax-exempt reserves | 689 | €75,120 | - | -€75,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,329 | €7,910 | -€24,418 | -75.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.