VERLAMCO: 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.
VERLAMCO
Largest movements
- Cash -€283,175
down €283,175 (-91.4%), from €309,858 to €26,683
mainly Contributions, distributions and other (-€196,519) and Other debts (-€135,291)
- Receivables within one year +€123,005
up €123,005 (+70.5%), from €174,390 to €297,396
of which Trade receivables: +€123,005
- Other debts -€135,291
down €135,291 (-30.3%), from €445,958 to €310,667
- Accrued charges and deferred income -€13,528
down €13,528 (-99.1%), from €13,653 to €125
- Tax, wage and social debts -€11,836
down €11,836 (-52.8%), from €22,401 to €10,566
of which Taxes: -€11,586
- Gross operating margin -€44,974
down €44,974 (-15.1%), from €298,201 to €253,227
- Financial charges -€13,673
down €13,673 (-97.6%), from €14,009 to €336
- Taxes -€9,436
down €9,436 (-13.6%), from €69,306 to €59,870
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 | €491,126 | €326,706 | -€164,421 | -33.5% |
| Fixed assets | 21/28 | €6,878 | €2,004 | -€4,874 | -70.9% |
| Tangible fixed assets | 22/27 | €6,878 | €2,004 | -€4,874 | -70.9% |
| Furniture and vehicles | 24 | €6,878 | €2,004 | -€4,874 | -70.9% |
| Current assets | 29/58 | €484,249 | €324,702 | -€159,547 | -32.9% |
| Amounts receivable within one year | 40/41 | €174,390 | €297,396 | +€123,005 | +70.5% |
| Trade receivables | 40 | €174,390 | €297,396 | +€123,005 | +70.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €309,858 | €26,683 | -€283,175 | -91.4% |
| Deferred charges and accrued income | 490/1 | €0 | €623 | +€623 | |
| Total equity and liabilities | 10/49 | €491,126 | €326,706 | -€164,421 | -33.5% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €486,126 | €321,706 | -€164,421 | -33.8% |
| Amounts payable within one year | 42/48 | €472,473 | €321,581 | -€150,893 | -31.9% |
| Trade debts | 44 | €4,114 | €348 | -€3,766 | -91.5% |
| Suppliers | 440/4 | €4,114 | €348 | -€3,766 | -91.5% |
| Taxes, remuneration and social security | 45 | €22,401 | €10,566 | -€11,836 | -52.8% |
| Taxes | 450/3 | €19,715 | €8,129 | -€11,586 | -58.8% |
| Remuneration and social security | 454/9 | €2,687 | €2,437 | -€250 | -9.3% |
| Other amounts payable | 47/48 | €445,958 | €310,667 | -€135,291 | -30.3% |
| Accrued charges and deferred income | 492/3 | €13,653 | €125 | -€13,528 | -99.1% |
| Non-recurring operating income | 76A | - | €15,544 | +€15,544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,281 | €418 | -€2,863 | -87.3% |
| Other operating charges | 640/8 | €115 | €662 | +€547 | +475.6% |
| Gross operating margin | 9900 | €298,201 | €253,227 | -€44,974 | -15.1% |
| Operating profit (loss) | 9901 | €294,806 | €252,147 | -€42,659 | -14.5% |
| Financial income | 75/76B | €5,923 | €4,578 | -€1,345 | -22.7% |
| Recurring financial income | 75 | €5,923 | €4,578 | -€1,345 | -22.7% |
| Financial charges | 65/66B | €14,009 | €336 | -€13,673 | -97.6% |
| Recurring financial charges | 65 | €14,009 | €336 | -€13,673 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | €286,719 | €256,389 | -€30,330 | -10.6% |
| Income taxes | 67/77 | €69,306 | €59,870 | -€9,436 | -13.6% |
| Profit (loss) for the period | 9904 | €217,413 | €196,519 | -€20,894 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €217,413 | €196,519 | -€20,894 | -9.6% |
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 9 October 2026 via checked.be.