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
- Current investments -€95,429
down €95,429 (-74.8%), from €127,629 to €32,200
- Financial fixed assets +€76,891
up €76,891 (+14.7%), from €522,002 to €598,893
- Receivables within one year +€55,391
up €55,391 (+888.2%), from €6,237 to €61,628
of which Trade receivables: +€55,000
- Cash +€18,908
up €18,908 (+35.1%), from €53,884 to €72,791
mainly Current investments (+€95,429) and Net result for the year (+€79,068)
- Reserves +€79,068
up €79,068 (+23.5%), from €335,942 to €415,011
of which Distributable reserves: +€79,068
- Other debts -€16,693
no longer reported in 2025 (was €16,693)
- Trade debts -€9,426
down €9,426 (-71.0%), from €13,280 to €3,854
- Gross operating margin +€28,957
up €28,957 (+46.2%), from €62,691 to €91,647
- Taxes -€15,524
down €15,524 (-78.6%), from €19,740 to €4,215
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 | €710,537 | €766,297 | +€55,761 | +7.8% |
| Fixed assets | 21/28 | €522,002 | €598,893 | +€76,891 | +14.7% |
| Financial fixed assets | 28 | €522,002 | €598,893 | +€76,891 | +14.7% |
| Current assets | 29/58 | €188,535 | €167,404 | -€21,130 | -11.2% |
| Stocks and contracts in progress | 3 | €785 | €785 | = | 0.0% |
| Stocks | 30/36 | €785 | €785 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,237 | €61,628 | +€55,391 | +888.2% |
| Trade receivables | 40 | €181 | €55,181 | +€55,000 | +30391.8% |
| Other amounts receivable | 41 | €6,056 | €6,447 | +€391 | +6.5% |
| Current investments | 50/53 | €127,629 | €32,200 | -€95,429 | -74.8% |
| Cash at bank and in hand | 54/58 | €53,884 | €72,791 | +€18,908 | +35.1% |
| Total equity and liabilities | 10/49 | €710,537 | €766,297 | +€55,761 | +7.8% |
| Equity | 10/15 | €639,787 | €718,856 | +€79,068 | +12.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €291,445 | €291,445 | = | 0.0% |
| Reserves | 13 | €335,942 | €415,011 | +€79,068 | +23.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €334,087 | €413,156 | +€79,068 | +23.7% |
| Amounts payable | 17/49 | €70,749 | €47,442 | -€23,307 | -32.9% |
| Amounts payable within one year | 42/48 | €56,834 | €33,527 | -€23,307 | -41.0% |
| Trade debts | 44 | €13,280 | €3,854 | -€9,426 | -71.0% |
| Suppliers | 440/4 | €13,280 | €3,854 | -€9,426 | -71.0% |
| Taxes, remuneration and social security | 45 | €26,861 | €29,673 | +€2,812 | +10.5% |
| Taxes | 450/3 | €26,861 | €7,553 | -€19,309 | -71.9% |
| Remuneration and social security | 454/9 | - | €22,120 | +€22,120 | |
| Other amounts payable | 47/48 | €16,693 | - | -€16,693 | |
| Accrued charges and deferred income | 492/3 | €13,915 | €13,915 | = | 0.0% |
| Other operating charges | 640/8 | €8,200 | €7,551 | -€649 | -7.9% |
| Gross operating margin | 9900 | €62,691 | €91,647 | +€28,957 | +46.2% |
| Operating profit (loss) | 9901 | €54,491 | €84,097 | +€29,606 | +54.3% |
| Financial income | 75/76B | - | €96 | +€96 | |
| Recurring financial income | 75 | - | €96 | +€96 | |
| Financial charges | 65/66B | - | €909 | +€909 | |
| Recurring financial charges | 65 | - | €909 | +€909 | |
| Profit (loss) for the period before taxes | 9903 | €54,491 | €83,283 | +€28,792 | +52.8% |
| Income taxes | 67/77 | €19,740 | €4,215 | -€15,524 | -78.6% |
| Profit (loss) for the period | 9904 | €34,752 | €79,068 | +€44,317 | +127.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,752 | €79,068 | +€44,317 | +127.5% |
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 11 October 2026 via checked.be.