VERIMPRO: 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.
VERIMPRO
Largest movements
- Tangible fixed assets -€259,297
down €259,297 (-11.0%), from €2.4m to €2.1m
of which Land and buildings: -€211,655
- Receivables within one year +€178,847
up €178,847 (+260%), from €68,676 to €247,523
of which Other amounts receivable: +€182,050
- Cash -€61,651
down €61,651 (-29.2%), from €211,189 to €149,538
mainly Debts after one year (-€226,003) and Receivables within one year (-€178,847)
- Debts after one year -€226,003
down €226,003 (-13.1%), from €1.7m to €1.5m
- Reserves +€139,626
up €139,626 (+22.4%), from €623,958 to €763,584
of which Distributable reserves: +€145,660
- Current portion of long-term debt -€44,508
down €44,508 (-16.5%), from €270,531 to €226,023
- Gross operating margin +€118,436
up €118,436 (+22.2%), from €533,748 to €652,184
- Taxes +€73,720
up €73,720 (+218%), from €33,856 to €107,576
- Staff costs -€35,381
no longer reported in 2025 (was €35,381)
- Other operating charges -€34,537
down €34,537 (-92.4%), from €37,385 to €2,848
- Write-downs -€17,349
no longer reported in 2025 (was €17,349)
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 | €3,142,705 | €2,999,237 | -€143,468 | -4.6% |
| Fixed assets | 21/28 | €2,359,602 | €2,100,305 | -€259,297 | -11.0% |
| Tangible fixed assets | 22/27 | €2,359,602 | €2,100,305 | -€259,297 | -11.0% |
| Land and buildings | 22 | €2,234,495 | €2,022,840 | -€211,655 | -9.5% |
| Plant, machinery and equipment | 23 | €104,518 | €73,449 | -€31,069 | -29.7% |
| Furniture and vehicles | 24 | €18,090 | €1,516 | -€16,574 | -91.6% |
| Other tangible fixed assets | 26 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €783,103 | €898,932 | +€115,829 | +14.8% |
| Amounts receivable within one year | 40/41 | €68,676 | €247,523 | +€178,847 | +260% |
| Trade receivables | 40 | €24,824 | €21,621 | -€3,203 | -12.9% |
| Other amounts receivable | 41 | €43,852 | €225,903 | +€182,050 | +415% |
| Current investments | 50/53 | €500,000 | €500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €211,189 | €149,538 | -€61,651 | -29.2% |
| Deferred charges and accrued income | 490/1 | €3,238 | €1,871 | -€1,367 | -42.2% |
| Total equity and liabilities | 10/49 | €3,142,705 | €2,999,237 | -€143,468 | -4.6% |
| Equity | 10/15 | €962,558 | €1,102,184 | +€139,626 | +14.5% |
| Contributions | 10/11 | €338,600 | €338,600 | = | 0.0% |
| Reserves | 13 | €623,958 | €763,584 | +€139,626 | +22.4% |
| Tax-exempt reserves | 132 | €128,033 | €121,999 | -€6,034 | -4.7% |
| Distributable reserves | 133 | €495,925 | €641,585 | +€145,660 | +29.4% |
| Provisions and deferred taxes | 16 | €25,133 | €23,456 | -€1,677 | -6.7% |
| Deferred taxes | 168 | €25,133 | €23,456 | -€1,677 | -6.7% |
| Amounts payable | 17/49 | €2,155,013 | €1,873,597 | -€281,416 | -13.1% |
| Amounts payable after more than one year | 17 | €1,729,952 | €1,503,949 | -€226,003 | -13.1% |
| Financial debts | 170/4 | €1,729,952 | €1,503,949 | -€226,003 | -13.1% |
| Amounts payable within one year | 42/48 | €425,061 | €369,647 | -€55,414 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €270,531 | €226,023 | -€44,508 | -16.5% |
| Trade debts | 44 | €21,189 | €25,617 | +€4,429 | +20.9% |
| Suppliers | 440/4 | €21,189 | €25,617 | +€4,429 | +20.9% |
| Taxes, remuneration and social security | 45 | €18,413 | €17,951 | -€463 | -2.5% |
| Taxes | 450/3 | €4,875 | €17,951 | +€13,075 | +268% |
| Remuneration and social security | 454/9 | €13,538 | - | -€13,538 | |
| Other amounts payable | 47/48 | €114,927 | €100,056 | -€14,871 | -12.9% |
| Remuneration, social security and pensions | 62 | €35,381 | - | -€35,381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255,976 | €250,836 | -€5,140 | -2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,349 | - | -€17,349 | |
| Other operating charges | 640/8 | €37,385 | €2,848 | -€34,537 | -92.4% |
| Non-recurring operating charges | 66A | - | €8,461 | +€8,461 | |
| Gross operating margin | 9900 | €533,748 | €652,184 | +€118,436 | +22.2% |
| Operating profit (loss) | 9901 | €187,657 | €390,040 | +€202,382 | +108% |
| Financial income | 75/76B | €14,082 | €15,419 | +€1,337 | +9.5% |
| Recurring financial income | 75 | €14,082 | €15,419 | +€1,337 | +9.5% |
| Financial charges | 65/66B | €75,679 | €59,934 | -€15,744 | -20.8% |
| Recurring financial charges | 65 | €75,679 | €59,934 | -€15,744 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €126,061 | €345,525 | +€219,464 | +174% |
| Transfer from deferred taxes | 780 | €1,677 | €1,677 | -€0 | 0.0% |
| Income taxes | 67/77 | €33,856 | €107,576 | +€73,720 | +218% |
| Profit (loss) for the period | 9904 | €93,882 | €239,626 | +€145,744 | +155% |
| Transfer from tax-exempt reserves | 789 | €6,034 | €6,034 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €99,916 | €245,660 | +€145,744 | +146% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.