VERKIM: 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.
VERKIM
Largest movements
- Current investments +€20,000
new in 2025: €20,000
- Tangible fixed assets -€8,588
down €8,588 (-53.0%), from €16,208 to €7,619
- Receivables within one year +€7,667
up €7,667 (+47.3%), from €16,193 to €23,860
of which Other amounts receivable: +€3,913
- Cash -€5,774
down €5,774 (-5.3%), from €109,454 to €103,680
mainly Contributions, distributions and other (-€29,953) and Current investments (-€20,000)
- Other debts +€13,574
up €13,574 (+82.9%), from €16,379 to €29,953
- Current portion of long-term debt -€4,384
down €4,384 (-100.0%), from €4,384 to €0
- Reserves +€3,721
up €3,721 (+3.9%), from €95,257 to €98,977
of which Distributable reserves: +€3,721
- Tax, wage and social debts +€1,692
up €1,692 (+18.2%), from €9,293 to €10,985
of which Remuneration and social security: +€1,692
- Gross operating margin +€10,271
up €10,271 (+14.6%), from €70,189 to €80,459
- Taxes +€2,130
up €2,130 (+13.3%), from €16,036 to €18,166
- Staff costs +€1,981
up €1,981 (+10.8%), from €18,372 to €20,353
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 | €146,168 | €159,505 | +€13,337 | +9.1% |
| Fixed assets | 21/28 | €20,330 | €11,742 | -€8,588 | -42.2% |
| Tangible fixed assets | 22/27 | €16,208 | €7,619 | -€8,588 | -53.0% |
| Furniture and vehicles | 24 | €16,208 | €7,619 | -€8,588 | -53.0% |
| Financial fixed assets | 28 | €4,122 | €4,122 | = | 0.0% |
| Current assets | 29/58 | €125,838 | €147,764 | +€21,926 | +17.4% |
| Amounts receivable within one year | 40/41 | €16,193 | €23,860 | +€7,667 | +47.3% |
| Trade receivables | 40 | €15,571 | €19,325 | +€3,754 | +24.1% |
| Other amounts receivable | 41 | €622 | €4,535 | +€3,913 | +629.2% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €109,454 | €103,680 | -€5,774 | -5.3% |
| Deferred charges and accrued income | 490/1 | €190 | €224 | +€33 | +17.5% |
| Total equity and liabilities | 10/49 | €146,168 | €159,505 | +€13,337 | +9.1% |
| Equity | 10/15 | €113,807 | €117,527 | +€3,721 | +3.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €95,257 | €98,977 | +€3,721 | +3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €93,397 | €97,117 | +€3,721 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,361 | €41,978 | +€9,617 | +29.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €30,923 | €41,978 | +€11,055 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €4,384 | €0 | -€4,384 | -100.0% |
| Trade debts | 44 | €867 | €1,040 | +€173 | +19.9% |
| Suppliers | 440/4 | €867 | €1,040 | +€173 | +19.9% |
| Taxes, remuneration and social security | 45 | €9,293 | €10,985 | +€1,692 | +18.2% |
| Taxes | 450/3 | €7,036 | €7,036 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,257 | €3,950 | +€1,692 | +75.0% |
| Other amounts payable | 47/48 | €16,379 | €29,953 | +€13,574 | +82.9% |
| Accrued charges and deferred income | 492/3 | €1,438 | €0 | -€1,438 | -100.0% |
| Remuneration, social security and pensions | 62 | €18,372 | €20,353 | +€1,981 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,588 | €8,588 | = | 0.0% |
| Other operating charges | 640/8 | €287 | €173 | -€114 | -39.7% |
| Gross operating margin | 9900 | €70,189 | €80,459 | +€10,271 | +14.6% |
| Operating profit (loss) | 9901 | €42,941 | €51,345 | +€8,403 | +19.6% |
| Financial income | 75/76B | €935 | €927 | -€8 | -0.9% |
| Recurring financial income | 75 | €935 | €927 | -€8 | -0.9% |
| Financial charges | 65/66B | €517 | €433 | -€84 | -16.3% |
| Recurring financial charges | 65 | €517 | €433 | -€84 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €43,359 | €51,839 | +€8,480 | +19.6% |
| Income taxes | 67/77 | €16,036 | €18,166 | +€2,130 | +13.3% |
| Profit (loss) for the period | 9904 | €27,324 | €33,673 | +€6,350 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,324 | €33,673 | +€6,350 | +23.2% |
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 12 October 2026 via checked.be.