VERIMMO: 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.
VERIMMO
Largest movements
- Cash -€51,312
down €51,312 (-51.4%), from €99,859 to €48,547
mainly Net result for the year (-€46,748) and Other debts (-€31,439)
- Tangible fixed assets -€24,877
down €24,877 (-7.6%), from €328,003 to €303,126
of which Furniture and vehicles: -€18,260
- Receivables within one year -€20,624
down €20,624 (-49.3%), from €41,797 to €21,174
of which Other amounts receivable: -€20,624
- Reserves -€46,748
down €46,748 (-5.3%), from €883,319 to €836,572
of which Distributable reserves: -€46,748
- Other debts -€31,439
down €31,439 (-60.6%), from €51,891 to €20,452
- Current portion of long-term debt -€11,129
down €11,129 (-100.0%), from €11,129 to €0
- Gross operating margin -€1.8m
down €1.8m, from €1.8m to -€12,092
- Taxes -€134,697
down €134,697 (-100.0%), from €134,697 to €0
- Staff costs -€34,858
down €34,858 (-98.4%), from €35,426 to €568
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 | €1,017,854 | €921,141 | -€96,713 | -9.5% |
| Fixed assets | 21/28 | €874,873 | €849,996 | -€24,877 | -2.8% |
| Tangible fixed assets | 22/27 | €328,003 | €303,126 | -€24,877 | -7.6% |
| Land and buildings | 22 | €244,088 | €237,471 | -€6,618 | -2.7% |
| Furniture and vehicles | 24 | €83,915 | €65,655 | -€18,260 | -21.8% |
| Financial fixed assets | 28 | €546,870 | €546,870 | = | 0.0% |
| Current assets | 29/58 | €142,980 | €71,145 | -€71,835 | -50.2% |
| Amounts receivable within one year | 40/41 | €41,797 | €21,174 | -€20,624 | -49.3% |
| Trade receivables | 40 | €5,264 | €5,264 | = | 0.0% |
| Other amounts receivable | 41 | €36,533 | €15,909 | -€20,624 | -56.5% |
| Cash at bank and in hand | 54/58 | €99,859 | €48,547 | -€51,312 | -51.4% |
| Deferred charges and accrued income | 490/1 | €1,324 | €1,425 | +€100 | +7.6% |
| Total equity and liabilities | 10/49 | €1,017,854 | €921,141 | -€96,713 | -9.5% |
| Equity | 10/15 | €945,319 | €898,572 | -€46,748 | -4.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €883,319 | €836,572 | -€46,748 | -5.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €877,119 | €830,372 | -€46,748 | -5.3% |
| Amounts payable | 17/49 | €72,534 | €22,570 | -€49,965 | -68.9% |
| Amounts payable within one year | 42/48 | €72,534 | €22,570 | -€49,965 | -68.9% |
| Current portion of amounts payable after more than one year | 42 | €11,129 | €0 | -€11,129 | -100.0% |
| Trade debts | 44 | €2,485 | €2,118 | -€368 | -14.8% |
| Suppliers | 440/4 | €2,485 | €2,118 | -€368 | -14.8% |
| Taxes, remuneration and social security | 45 | €7,029 | €0 | -€7,029 | -100.0% |
| Remuneration and social security | 454/9 | €7,029 | €0 | -€7,029 | -100.0% |
| Other amounts payable | 47/48 | €51,891 | €20,452 | -€31,439 | -60.6% |
| Remuneration, social security and pensions | 62 | €35,426 | €568 | -€34,858 | -98.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,102 | €24,877 | +€2,775 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,400 | €0 | -€3,400 | -100.0% |
| Other operating charges | 640/8 | €26,003 | €8,891 | -€17,113 | -65.8% |
| Non-recurring operating charges | 66A | €1,043,853 | €0 | -€1.0m | -100.0% |
| Gross operating margin | 9900 | €1,766,137 | -€12,092 | -€1.8m | |
| Operating profit (loss) | 9901 | €635,352 | -€46,428 | -€681,780 | |
| Financial income | 75/76B | €3,103 | €48 | -€3,055 | -98.5% |
| Recurring financial income | 75 | €3,103 | €48 | -€3,055 | -98.5% |
| Financial charges | 65/66B | €12,813 | €368 | -€12,445 | -97.1% |
| Recurring financial charges | 65 | €12,813 | €368 | -€12,445 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | €625,643 | -€46,748 | -€672,390 | |
| Income taxes | 67/77 | €134,697 | €0 | -€134,697 | -100.0% |
| Profit (loss) for the period | 9904 | €490,946 | -€46,748 | -€537,693 | |
| Profit (loss) for the period to be appropriated | 9905 | €490,946 | -€46,748 | -€537,693 |
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 9 October 2026 via checked.be.