VERIMO-PROJECTS: 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.
VERIMO-PROJECTS
Largest movements
- Stocks and contracts +€950,000
new in 2024: €950,000
- Tangible fixed assets +€738,697
up €738,697 (+10.0%), from €7.4m to €8.1m
- Receivables within one year +€192,859
up €192,859 (+9.8%), from €2.0m to €2.2m
- Financial fixed assets -€159,572
down €159,572 (-19.2%), from €832,073 to €672,501
- Debts after one year +€1.5m
up €1.5m (+33.4%), from €4.6m to €6.1m
- Current portion of long-term debt -€800,000
no longer reported in 2024 (was €800,000)
- Revaluation surpluses +€700,000
up €700,000 (+19.7%), from €3.6m to €4.3m
- Profit (loss) carried forward +€632,070
up €632,070 (+75.3%), from -€839,626 to -€207,556
- Short-term financial debts -€240,000
no longer reported in 2024 (was €240,000)
- Gross operating margin +€1.0m
up €1.0m (+572.9%), from €177,792 to €1.2m
- Financial charges +€230,073
up €230,073 (+109.6%), from €209,838 to €439,910
of which Non-recurring financial charges: +€159,572
- Financial income -€161,463
no longer reported in 2024 (was €161,463)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,212,531 | €11,924,640 | +€1.7m | +16.8% |
| Fixed assets | 21/28 | €8,229,580 | €8,808,704 | +€579,125 | +7.0% |
| Tangible fixed assets | 22/27 | €7,397,506 | €8,136,203 | +€738,697 | +10.0% |
| Land and buildings | 22 | €7,397,506 | €8,136,203 | +€738,697 | +10.0% |
| Financial fixed assets | 28 | €832,073 | €672,501 | -€159,572 | -19.2% |
| Current assets | 29/58 | €1,982,951 | €3,115,936 | +€1.1m | +57.1% |
| Stocks and contracts in progress | 3 | - | €950,000 | +€950,000 | |
| Contracts in progress | 37 | - | €950,000 | +€950,000 | |
| Amounts receivable within one year | 40/41 | €1,959,963 | €2,152,822 | +€192,859 | +9.8% |
| Other amounts receivable | 41 | €1,959,963 | €2,152,822 | +€192,859 | +9.8% |
| Cash at bank and in hand | 54/58 | €22,989 | €13,114 | -€9,875 | -43.0% |
| Total equity and liabilities | 10/49 | €10,212,531 | €11,924,640 | +€1.7m | +16.8% |
| Equity | 10/15 | €3,881,779 | €5,190,867 | +€1.3m | +33.7% |
| Contributions | 10/11 | €92,000 | €92,000 | = | 0.0% |
| Revaluation surpluses | 12 | €3,556,000 | €4,256,000 | +€700,000 | +19.7% |
| Reserves | 13 | €1,073,405 | €1,050,422 | -€22,982 | -2.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,067,205 | €1,044,222 | -€22,982 | -2.2% |
| Profit (loss) carried forward | 14 | -€839,626 | -€207,556 | +€632,070 | +75.3% |
| Provisions and deferred taxes | 16 | €420,862 | €410,369 | -€10,492 | -2.5% |
| Deferred taxes | 168 | €420,862 | €410,369 | -€10,492 | -2.5% |
| Amounts payable | 17/49 | €5,909,891 | €6,323,404 | +€413,513 | +7.0% |
| Amounts payable after more than one year | 17 | €4,580,000 | €6,110,000 | +€1.5m | +33.4% |
| Financial debts | 170/4 | €4,580,000 | €6,110,000 | +€1.5m | +33.4% |
| Amounts payable within one year | 42/48 | €1,329,891 | €213,404 | -€1.1m | -84.0% |
| Current portion of amounts payable after more than one year | 42 | €800,000 | - | -€800,000 | |
| Financial debts | 43 | €240,000 | - | -€240,000 | |
| Credit institutions | 430/8 | €240,000 | - | -€240,000 | |
| Trade debts | 44 | €17,077 | €32 | -€17,045 | -99.8% |
| Suppliers | 440/4 | €17,077 | €32 | -€17,045 | -99.8% |
| Advances received on contracts in progress | 46 | €17,560 | €10,250 | -€7,310 | -41.6% |
| Other amounts payable | 47/48 | €255,254 | €203,122 | -€52,132 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,014 | €120,303 | +€9,289 | +8.4% |
| Other operating charges | 640/8 | €35,868 | €37,489 | +€1,621 | +4.5% |
| Gross operating margin | 9900 | €177,792 | €1,196,298 | +€1.0m | +572.9% |
| Operating profit (loss) | 9901 | €30,910 | €1,038,506 | +€1.0m | +3259.7% |
| Financial income | 75/76B | €161,463 | - | -€161,463 | |
| Recurring financial income | 75 | €161,463 | - | -€161,463 | |
| Financial charges | 65/66B | €209,838 | €439,910 | +€230,073 | +109.6% |
| Recurring financial charges | 65 | €209,838 | €280,338 | +€70,500 | +33.6% |
| Non-recurring financial charges | 66B | - | €159,572 | +€159,572 | |
| Profit (loss) for the period before taxes | 9903 | -€17,465 | €598,596 | +€616,060 | |
| Transfer from deferred taxes | 780 | €10,492 | €10,492 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€6,972 | €609,088 | +€616,060 | |
| Transfer from tax-exempt reserves | 789 | €22,982 | €22,982 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,010 | €632,070 | +€616,060 | +3847.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.