VERIMMO: 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.
VERIMMO
Largest movements
- Cash +€105,192
up €105,192 (+1551.3%), from €6,781 to €111,973
mainly Net result for the year (+€216,097) and Investment in fixed assets (net) (+€51,128)
- Tangible fixed assets -€65,569
down €65,569 (-23.8%), from €275,750 to €210,181
- Deferred charges and accrued income -€18,354
down €18,354 (-89.6%), from €20,477 to €2,123
- Receivables within one year +€5,265
up €5,265 (+205.5%), from €2,561 to €7,826
of which Trade receivables: +€3,805
- Other debts -€166,403
down €166,403 (-96.7%), from €172,033 to €5,630
- Reserves +€147,395
up €147,395 (+334.2%), from €44,102 to €191,497
of which Distributable reserves: +€160,536
- Profit (loss) carried forward +€68,702
up €68,702, from -€68,702 to €0
- Debts after one year -€9,883
down €9,883 (-100.0%), from €9,883 to €0
- Trade debts -€5,484
down €5,484 (-67.9%), from €8,080 to €2,596
- Gross operating margin +€224,595
up €224,595 (+448.4%), from €50,087 to €274,682
- Taxes +€15,195
up €15,195 (+454.2%), from €3,345 to €18,540
- Other operating charges +€5,662
up €5,662 (+157.3%), from €3,601 to €9,263
- Depreciation -€5,094
down €5,094 (-26.1%), from €19,535 to €14,441
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 | €305,569 | €332,104 | +€26,534 | +8.7% |
| Fixed assets | 21/28 | €275,750 | €210,181 | -€65,569 | -23.8% |
| Tangible fixed assets | 22/27 | €275,750 | €210,181 | -€65,569 | -23.8% |
| Land and buildings | 22 | €275,750 | €210,181 | -€65,569 | -23.8% |
| Current assets | 29/58 | €29,819 | €121,923 | +€92,103 | +308.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,561 | €7,826 | +€5,265 | +205.5% |
| Trade receivables | 40 | €2,420 | €6,225 | +€3,805 | +157.2% |
| Other amounts receivable | 41 | €141 | €1,601 | +€1,460 | +1032.4% |
| Cash at bank and in hand | 54/58 | €6,781 | €111,973 | +€105,192 | +1551.3% |
| Deferred charges and accrued income | 490/1 | €20,477 | €2,123 | -€18,354 | -89.6% |
| Total equity and liabilities | 10/49 | €305,569 | €332,104 | +€26,534 | +8.7% |
| Equity | 10/15 | €83,908 | €300,005 | +€216,097 | +257.5% |
| Contributions | 10/11 | €108,508 | €108,508 | = | 0.0% |
| Reserves | 13 | €44,102 | €191,497 | +€147,395 | +334.2% |
| Tax-exempt reserves | 132 | €44,102 | €30,961 | -€13,141 | -29.8% |
| Distributable reserves | 133 | - | €160,536 | +€160,536 | |
| Profit (loss) carried forward | 14 | -€68,702 | €0 | +€68,702 | |
| Provisions and deferred taxes | 16 | €14,429 | €10,049 | -€4,380 | -30.4% |
| Deferred taxes | 168 | €14,429 | €10,049 | -€4,380 | -30.4% |
| Amounts payable | 17/49 | €207,232 | €22,050 | -€185,182 | -89.4% |
| Amounts payable after more than one year | 17 | €9,883 | €0 | -€9,883 | -100.0% |
| Financial debts | 170/4 | €9,883 | €0 | -€9,883 | -100.0% |
| Amounts payable within one year | 42/48 | €190,808 | €18,109 | -€172,699 | -90.5% |
| Current portion of amounts payable after more than one year | 42 | €10,696 | €9,883 | -€812 | -7.6% |
| Trade debts | 44 | €8,080 | €2,596 | -€5,484 | -67.9% |
| Suppliers | 440/4 | €8,080 | €2,596 | -€5,484 | -67.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €172,033 | €5,630 | -€166,403 | -96.7% |
| Accrued charges and deferred income | 492/3 | €6,541 | €3,941 | -€2,600 | -39.7% |
| Non-recurring operating income | 76A | - | €248,872 | +€248,872 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,535 | €14,441 | -€5,094 | -26.1% |
| Other operating charges | 640/8 | €3,601 | €9,263 | +€5,662 | +157.3% |
| Non-recurring operating charges | 66A | €45,506 | €17,894 | -€27,612 | -60.7% |
| Gross operating margin | 9900 | €50,087 | €274,682 | +€224,595 | +448.4% |
| Operating profit (loss) | 9901 | -€18,554 | €233,084 | +€251,639 | |
| Financial income | 75/76B | €41 | €10 | -€31 | -75.9% |
| Recurring financial income | 75 | €41 | €10 | -€31 | -75.9% |
| Financial charges | 65/66B | €5,295 | €2,837 | -€2,458 | -46.4% |
| Recurring financial charges | 65 | €5,295 | €2,837 | -€2,458 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,809 | €230,257 | +€254,066 | |
| Transfer from deferred taxes | 780 | €5,375 | €4,380 | -€995 | -18.5% |
| Income taxes | 67/77 | €3,345 | €18,540 | +€15,195 | +454.2% |
| Profit (loss) for the period | 9904 | -€21,779 | €216,097 | +€237,875 | |
| Transfer from tax-exempt reserves | 789 | €17,848 | €13,141 | -€4,707 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,931 | €229,238 | +€233,169 |
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 8 October 2026 via checked.be.