VERLIMMO: 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.
VERLIMMO
Largest movements
- Receivables within one year -€44,898
down €44,898 (-57.9%), from €77,533 to €32,635
of which Trade receivables: -€56,748
- Cash +€32,151
up €32,151 (+23.9%), from €134,603 to €166,754
- Other debts +€26,952
up €26,952 (+974.4%), from €2,766 to €29,718
- Trade debts -€22,799
down €22,799 (-25.7%), from €88,856 to €66,057
- Reserves -€8,824
down €8,824 (-10.0%), from €88,621 to €79,797
of which Non-distributable reserves: -€35,000
- Tax, wage and social debts -€6,474
down €6,474 (-38.2%), from €16,933 to €10,460
of which Taxes: -€5,755
- Current portion of long-term debt +€2,680
up €2,680 (+297.8%), from €900 to €3,580
- Staff costs +€48,784
up €48,784 (+65.7%), from €74,247 to €123,031
- Gross operating margin +€32,986
up €32,986 (+39.3%), from €83,852 to €116,838
- Taxes -€4,160
down €4,160, from €4,111 to -€49
- Depreciation +€1,171
up €1,171 (+62.7%), from €1,868 to €3,039
From the 2023 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €218,924 | €208,204 | -€10,721 | -4.9% |
| Fixed assets | 21/28 | €5,879 | €6,969 | +€1,090 | +18.5% |
| Tangible fixed assets | 22/27 | €4,626 | €5,717 | +€1,090 | +23.6% |
| Plant, machinery and equipment | 23 | €1,739 | €4,078 | +€2,339 | +134.5% |
| Furniture and vehicles | 24 | €2,887 | €1,639 | -€1,249 | -43.2% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,253 | €1,253 | = | 0.0% |
| Current assets | 29/58 | €213,045 | €201,234 | -€11,811 | -5.5% |
| Amounts receivable within one year | 40/41 | €77,533 | €32,635 | -€44,898 | -57.9% |
| Trade receivables | 40 | €68,918 | €12,169 | -€56,748 | -82.3% |
| Other amounts receivable | 41 | €8,616 | €20,466 | +€11,850 | +137.5% |
| Cash at bank and in hand | 54/58 | €134,603 | €166,754 | +€32,151 | +23.9% |
| Deferred charges and accrued income | 490/1 | €909 | €1,845 | +€937 | +103.1% |
| Total equity and liabilities | 10/49 | €218,924 | €208,204 | -€10,721 | -4.9% |
| Equity | 10/15 | €109,469 | €98,389 | -€11,080 | -10.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €88,621 | €79,797 | -€8,824 | -10.0% |
| Non-distributable reserves | 130/1 | €36,859 | €1,859 | -€35,000 | -95.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €35,000 | - | -€35,000 | |
| Tax-exempt reserves | 132 | €2,480 | €37,480 | +€35,000 | +1411.3% |
| Distributable reserves | 133 | €49,282 | €40,458 | -€8,824 | -17.9% |
| Profit (loss) carried forward | 14 | €2,256 | €0 | -€2,256 | -100.0% |
| Amounts payable | 17/49 | €109,455 | €109,815 | +€360 | +0.3% |
| Amounts payable within one year | 42/48 | €109,455 | €109,815 | +€360 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €900 | €3,580 | +€2,680 | +297.8% |
| Trade debts | 44 | €88,856 | €66,057 | -€22,799 | -25.7% |
| Suppliers | 440/4 | €88,856 | €66,057 | -€22,799 | -25.7% |
| Taxes, remuneration and social security | 45 | €16,933 | €10,460 | -€6,474 | -38.2% |
| Taxes | 450/3 | €7,347 | €1,593 | -€5,755 | -78.3% |
| Remuneration and social security | 454/9 | €9,586 | €8,867 | -€719 | -7.5% |
| Other amounts payable | 47/48 | €2,766 | €29,718 | +€26,952 | +974.4% |
| Remuneration, social security and pensions | 62 | €74,247 | €123,031 | +€48,784 | +65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,868 | €3,039 | +€1,171 | +62.7% |
| Other operating charges | 640/8 | €1,062 | €2,202 | +€1,140 | +107.3% |
| Gross operating margin | 9900 | €83,852 | €116,838 | +€32,986 | +39.3% |
| Operating profit (loss) | 9901 | €6,675 | -€11,435 | -€18,109 | |
| Financial income | 75/76B | €0 | €853 | +€853 | +775581.8% |
| Recurring financial income | 75 | €0 | €853 | +€853 | +775581.8% |
| Financial charges | 65/66B | €308 | €548 | +€240 | +78.1% |
| Recurring financial charges | 65 | €308 | €548 | +€240 | +78.1% |
| Profit (loss) for the period before taxes | 9903 | €6,367 | -€11,129 | -€17,496 | |
| Income taxes | 67/77 | €4,111 | -€49 | -€4,160 | |
| Profit (loss) for the period | 9904 | €2,256 | -€11,080 | -€13,336 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,256 | -€11,080 | -€13,336 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.