VERIMPEX GROUP: 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.
What changed
VERIMPEX GROUP
NACE 13.930, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€318,582
2024 · -€67,784+€386,367
Equity
€226,389
2024 · €1.3m-€1.0m
Cash
€20,447
2024 · €628+€19,819
Balance sheet total
€1.4m
2024 · €3.1m-€1.7m
Largest movements
Assets
- Tangible fixed assets -€2.0m
down €2.0m (-64.9%), from €3.0m to €1.1m
of which Land and buildings: -€1.9m
- Receivables within one year +€172,653
up €172,653 (+198%), from €87,301 to €259,955
of which Other amounts receivable: +€184,299
Equity and liabilities
- Revaluation surpluses -€1.3m
down €1.3m (-100%), from €1.3m to €0
- Trade debts -€1.0m
down €1.0m (-95.0%), from €1.1m to €53,239
- Profit (loss) carried forward +€318,582
up €318,582 (+39.9%), from -€798,829 to -€480,247
- Short-term financial debts +€263,193
up €263,193 (+38.0%), from €691,807 to €955,000
of which Credit institutions: +€287,493
- Current portion of long-term debt -€37,295
down €37,295 (-74.2%), from €50,237 to €12,941
Income statement
- Gross operating margin +€803,130
up €803,130 (+490%), from €163,751 to €966,880
- Financial charges +€349,973
up €349,973 (+694%), from €50,463 to €400,436
- Write-downs +€65,000
new in 2025: €65,000
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.
Result 2024
-€67,784
Gross operating margin
+€803,130
Depreciation
-€1,901
Write-downs
-€65,000
Other operating charges
-€111
Other operating items
+€184
Financial income
+€38
Financial charges
-€349,973
Result 2025
€318,582
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€683,699
Investment
+€1.8m
Financing
-€1.1m
Cash 2024
€628
From operations (derived)
-€683,699
Net result for the year
+€318,582
Depreciation
+€150,491
Receivables within one year
-€172,653
Smaller working-capital items
-€1,067
Trade debts
-€1.0m
Other debts
+€36,378
Investment (derived)
+€1.8m
Investment in fixed assets (net)
+€1.8m
Financing
-€1.1m
Debts after one year
+€35,480
Current portion of long-term debt
-€37,295
Short-term financial debts
+€263,193
Contributions, distributions and other
-€1.3m
Cash 2025
€20,447
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,112,365 | €1,364,118 | -€1.7m | -56.2% |
| Fixed assets | 21/28 | €3,023,141 | €1,081,429 | -€1.9m | -64.2% |
| Tangible fixed assets | 22/27 | €3,023,141 | €1,061,429 | -€2.0m | -64.9% |
| Land and buildings | 22 | €2,083,321 | €176,295 | -€1.9m | -91.5% |
| Plant, machinery and equipment | 23 | €834,844 | €801,158 | -€33,685 | -4.0% |
| Furniture and vehicles | 24 | €104,976 | €83,976 | -€21,000 | -20.0% |
| Financial fixed assets | 28 | - | €20,000 | +€20,000 | |
| Current assets | 29/58 | €89,223 | €282,689 | +€193,465 | +217% |
| Amounts receivable within one year | 40/41 | €87,301 | €259,955 | +€172,653 | +198% |
| Trade receivables | 40 | €86,618 | €74,972 | -€11,646 | -13.4% |
| Other amounts receivable | 41 | €684 | €184,983 | +€184,299 | +26,950% |
| Cash at bank and in hand | 54/58 | €628 | €20,447 | +€19,819 | +3,156% |
| Deferred charges and accrued income | 490/1 | €1,294 | €2,287 | +€993 | +76.7% |
| Total equity and liabilities | 10/49 | €3,112,365 | €1,364,118 | -€1.7m | -56.2% |
| Equity | 10/15 | €1,256,889 | €226,389 | -€1.0m | -82.0% |
| Contributions | 10/11 | €414,651 | €414,651 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Contributions outside capital | 11 | €114,651 | €114,651 | = | 0.0% |
| Share premium | 1100/10 | €114,651 | €114,651 | = | 0.0% |
| Revaluation surpluses | 12 | €1,349,082 | €0 | -€1.3m | -100% |
| Reserves | 13 | €291,985 | €291,985 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,528 | €23,528 | = | 0.0% |
| Distributable reserves | 133 | €238,457 | €238,457 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€798,829 | -€480,247 | +€318,582 | +39.9% |
| Amounts payable | 17/49 | €1,855,476 | €1,137,728 | -€717,747 | -38.7% |
| Amounts payable after more than one year | 17 | €2,192 | €37,672 | +€35,480 | +1,619% |
| Financial debts | 170/4 | €2,192 | €37,672 | +€35,480 | +1,619% |
| Amounts payable within one year | 42/48 | €1,853,284 | €1,100,056 | -€753,227 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €50,237 | €12,941 | -€37,295 | -74.2% |
| Financial debts | 43 | €691,807 | €955,000 | +€263,193 | +38.0% |
| Credit institutions | 430/8 | €667,507 | €955,000 | +€287,493 | +43.1% |
| Other loans | 439 | €24,300 | €0 | -€24,300 | -100% |
| Trade debts | 44 | €1,068,669 | €53,239 | -€1.0m | -95.0% |
| Suppliers | 440/4 | €1,068,669 | €53,239 | -€1.0m | -95.0% |
| Taxes, remuneration and social security | 45 | €117 | €42 | -€74 | -63.6% |
| Taxes | 450/3 | €117 | €42 | -€74 | -63.6% |
| Other amounts payable | 47/48 | €42,455 | €78,833 | +€36,378 | +85.7% |
| Non-recurring operating income | 76A | - | €718,553 | +€718,553 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,590 | €150,491 | +€1,901 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €65,000 | +€65,000 | |
| Other operating charges | 640/8 | €32,299 | €32,410 | +€111 | +0.3% |
| Non-recurring operating charges | 66A | €184 | €0 | -€184 | -100% |
| Gross operating margin | 9900 | €163,751 | €966,880 | +€803,130 | +490% |
| Operating profit (loss) | 9901 | -€17,322 | €718,980 | +€736,302 | |
| Financial income | 75/76B | €0 | €38 | +€38 | +381,100% |
| Recurring financial income | 75 | €0 | €38 | +€38 | +381,100% |
| Financial charges | 65/66B | €50,463 | €400,436 | +€349,973 | +694% |
| Recurring financial charges | 65 | €50,463 | €400,436 | +€349,973 | +694% |
| Profit (loss) for the period before taxes | 9903 | -€67,784 | €318,582 | +€386,367 | |
| Profit (loss) for the period | 9904 | -€67,784 | €318,582 | +€386,367 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,784 | €318,582 | +€386,367 |
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 27 October 2026 via checked.be.