VERIMO: 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.
VERIMO
Largest movements
- Tangible fixed assets -€89,554
down €89,554 (-6.1%), from €1.5m to €1.4m
of which Land and buildings: -€87,934
- Deferred charges and accrued income +€30,961
up €30,961 (+31.4%), from €98,698 to €129,659
- Profit (loss) carried forward -€61,090
down €61,090 (-102%), from -€59,862 to -€120,952
- Financial income -€19,343
down €19,343 (-38.6%), from €50,160 to €30,817
- Gross operating margin +€9,773
up €9,773 (+300%), from €3,255 to €13,028
- Taxes +€7,197
new in 2025: €7,197
- Depreciation -€1,612
down €1,612 (-1.7%), from €94,499 to €92,887
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,966,152 | €2,907,399 | -€58,753 | -2.0% |
| Fixed assets | 21/28 | €1,596,204 | €1,506,650 | -€89,554 | -5.6% |
| Tangible fixed assets | 22/27 | €1,459,517 | €1,369,963 | -€89,554 | -6.1% |
| Land and buildings | 22 | €1,435,158 | €1,347,224 | -€87,934 | -6.1% |
| Plant, machinery and equipment | 23 | €24,359 | €22,739 | -€1,620 | -6.7% |
| Financial fixed assets | 28 | €136,687 | €136,687 | = | 0.0% |
| Current assets | 29/58 | €1,369,948 | €1,400,749 | +€30,801 | +2.2% |
| Amounts receivable within one year | 40/41 | €1,263,999 | €1,270,143 | +€6,144 | +0.5% |
| Trade receivables | 40 | €947 | €281 | -€666 | -70.3% |
| Other amounts receivable | 41 | €1,263,052 | €1,269,862 | +€6,810 | +0.5% |
| Cash at bank and in hand | 54/58 | €7,251 | €947 | -€6,304 | -86.9% |
| Deferred charges and accrued income | 490/1 | €98,698 | €129,659 | +€30,961 | +31.4% |
| Total equity and liabilities | 10/49 | €2,966,152 | €2,907,399 | -€58,753 | -2.0% |
| Equity | 10/15 | €2,964,660 | €2,903,570 | -€61,090 | -2.1% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Capital | 10 | €1,318,831 | €1,318,831 | = | 0.0% |
| Issued capital | 100 | €1,318,831 | €1,318,831 | = | 0.0% |
| Contributions outside capital | 11 | €1,681,169 | €1,681,169 | = | 0.0% |
| Share premium | 1100/10 | €1,681,169 | €1,681,169 | = | 0.0% |
| Reserves | 13 | €24,522 | €24,522 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,008 | €23,008 | = | 0.0% |
| Legal reserve | 130 | €23,008 | €23,008 | = | 0.0% |
| Distributable reserves | 133 | €1,514 | €1,514 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,862 | -€120,952 | -€61,090 | -102% |
| Amounts payable | 17/49 | €1,492 | €3,829 | +€2,337 | +157% |
| Amounts payable within one year | 42/48 | €1,492 | €3,829 | +€2,337 | +157% |
| Trade debts | 44 | €1,492 | €3,829 | +€2,337 | +157% |
| Suppliers | 440/4 | €1,492 | €3,829 | +€2,337 | +157% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,499 | €92,887 | -€1,612 | -1.7% |
| Other operating charges | 640/8 | €4,685 | €4,671 | -€14 | -0.3% |
| Gross operating margin | 9900 | €3,255 | €13,028 | +€9,773 | +300% |
| Operating profit (loss) | 9901 | -€95,929 | -€84,530 | +€11,399 | +11.9% |
| Financial income | 75/76B | €50,160 | €30,817 | -€19,343 | -38.6% |
| Recurring financial income | 75 | €50,160 | €30,817 | -€19,343 | -38.6% |
| Financial charges | 65/66B | €197 | €180 | -€17 | -8.6% |
| Recurring financial charges | 65 | €197 | €180 | -€17 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€45,966 | -€53,893 | -€7,927 | -17.2% |
| Income taxes | 67/77 | - | €7,197 | +€7,197 | |
| Profit (loss) for the period | 9904 | -€45,966 | -€61,090 | -€15,124 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,966 | -€61,090 | -€15,124 | -32.9% |
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 1 November 2026 via checked.be.