VERLAMO: 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.
VERLAMO
Largest movements
- Tangible fixed assets -€46,546
down €46,546 (-3.6%), from €1.3m to €1.2m
of which Land and buildings: -€38,312
- Receivables within one year +€36,000
up €36,000 (+3.0%), from €1.2m to €1.2m
- Other debts +€45,274
up €45,274 (+1.2%), from €3.7m to €3.7m
- Gross operating margin +€13,577
up €13,577 (+385.4%), from €3,523 to €17,100
- Financial charges +€564
up €564 (+11.7%), from €4,835 to €5,399
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 | €2,721,752 | €2,735,733 | +€13,982 | +0.5% |
| Fixed assets | 21/28 | €1,288,026 | €1,241,479 | -€46,546 | -3.6% |
| Tangible fixed assets | 22/27 | €1,286,992 | €1,240,446 | -€46,546 | -3.6% |
| Land and buildings | 22 | €1,249,929 | €1,211,618 | -€38,312 | -3.1% |
| Furniture and vehicles | 24 | €21,263 | €15,378 | -€5,884 | -27.7% |
| Other tangible fixed assets | 26 | €15,800 | €13,450 | -€2,350 | -14.9% |
| Financial fixed assets | 28 | €1,033 | €1,033 | = | 0.0% |
| Current assets | 29/58 | €1,433,726 | €1,494,254 | +€60,528 | +4.2% |
| Stocks and contracts in progress | 3 | €26,925 | €26,925 | = | 0.0% |
| Stocks | 30/36 | €26,925 | €26,925 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,208,328 | €1,244,328 | +€36,000 | +3.0% |
| Other amounts receivable | 41 | €1,208,328 | €1,244,328 | +€36,000 | +3.0% |
| Cash at bank and in hand | 54/58 | €2,540 | €10,988 | +€8,448 | +332.7% |
| Deferred charges and accrued income | 490/1 | €195,933 | €212,013 | +€16,080 | +8.2% |
| Total equity and liabilities | 10/49 | €2,721,752 | €2,735,733 | +€13,982 | +0.5% |
| Equity | 10/15 | -€1,166,883 | -€1,191,946 | -€25,063 | -2.1% |
| Contributions | 10/11 | €278,880 | €278,880 | = | 0.0% |
| Capital | 10 | €278,880 | €278,880 | = | 0.0% |
| Issued capital | 100 | €278,880 | €278,880 | = | 0.0% |
| Reserves | 13 | €17,095 | €17,095 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,095 | €17,095 | = | 0.0% |
| Legal reserve | 130 | €17,095 | €17,095 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,462,859 | -€1,487,922 | -€25,063 | -1.7% |
| Amounts payable | 17/49 | €3,888,635 | €3,927,680 | +€39,045 | +1.0% |
| Amounts payable within one year | 42/48 | €3,715,810 | €3,749,484 | +€33,675 | +0.9% |
| Trade debts | 44 | €12,461 | €862 | -€11,599 | -93.1% |
| Suppliers | 440/4 | €12,461 | €862 | -€11,599 | -93.1% |
| Other amounts payable | 47/48 | €3,703,348 | €3,748,622 | +€45,274 | +1.2% |
| Accrued charges and deferred income | 492/3 | €172,825 | €178,195 | +€5,370 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,546 | €46,546 | = | 0.0% |
| Other operating charges | 640/8 | €6,101 | €5,976 | -€125 | -2.1% |
| Gross operating margin | 9900 | €3,523 | €17,100 | +€13,577 | +385.4% |
| Operating profit (loss) | 9901 | -€49,125 | -€35,423 | +€13,702 | +27.9% |
| Financial income | 75/76B | €15,624 | €15,759 | +€135 | +0.9% |
| Recurring financial income | 75 | €15,624 | €15,759 | +€135 | +0.9% |
| Financial charges | 65/66B | €4,835 | €5,399 | +€564 | +11.7% |
| Recurring financial charges | 65 | €4,835 | €5,399 | +€564 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€38,336 | -€25,063 | +€13,273 | +34.6% |
| Profit (loss) for the period | 9904 | -€38,336 | -€25,063 | +€13,273 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,336 | -€25,063 | +€13,273 | +34.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.