VERLIMMO: 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.
VERLIMMO
Largest movements
- Tangible fixed assets +€218,367
up €218,367 (+3,395%), from €6,433 to €224,800
of which Other tangible fixed assets: +€210,041
- Cash -€23,233
no longer reported in 2025 (was €23,233)
mainly Investment in fixed assets (net) (-€232,689) and Receivables within one year (-€12,873)
- Receivables within one year +€12,873
up €12,873 (+11.3%), from €113,809 to €126,682
of which Other amounts receivable: +€9,679
- Debts after one year +€103,056
new in 2025: €103,056
- Reserves +€25,176
up €25,176 (+49.5%), from €50,832 to €76,008
- Other debts +€23,920
up €23,920 (+32.7%), from €73,073 to €96,993
- Short-term financial debts +€19,012
up €19,012 (+1,870%), from €1,016 to €20,028
- Trade debts +€18,669
up €18,669 (+124%), from €14,996 to €33,664
- Gross operating margin -€100,969
down €100,969 (-41.5%), from €243,480 to €142,511
- Staff costs -€28,810
down €28,810 (-24.4%), from €117,903 to €89,093
- Taxes -€12,262
down €12,262 (-61.9%), from €19,804 to €7,542
- Depreciation +€6,193
up €6,193 (+85.9%), from €7,213 to €13,407
- Other operating charges -€3,684
down €3,684 (-54.3%), from €6,788 to €3,105
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 | €169,967 | €378,941 | +€208,974 | +123% |
| Fixed assets | 21/28 | €29,864 | €249,146 | +€219,283 | +734% |
| Intangible fixed assets | 21 | €17,281 | €18,196 | +€916 | +5.3% |
| Tangible fixed assets | 22/27 | €6,433 | €224,800 | +€218,367 | +3,395% |
| Land and buildings | 22 | €5,254 | €3,212 | -€2,042 | -38.9% |
| Furniture and vehicles | 24 | €1,179 | €11,546 | +€10,368 | +880% |
| Other tangible fixed assets | 26 | - | €210,041 | +€210,041 | |
| Financial fixed assets | 28 | €6,150 | €6,150 | = | 0.0% |
| Current assets | 29/58 | €140,103 | €129,795 | -€10,308 | -7.4% |
| Amounts receivable within one year | 40/41 | €113,809 | €126,682 | +€12,873 | +11.3% |
| Trade receivables | 40 | €112,252 | €115,446 | +€3,194 | +2.8% |
| Other amounts receivable | 41 | €1,557 | €11,236 | +€9,679 | +621% |
| Current investments | 50/53 | €303 | €481 | +€178 | +58.7% |
| Cash at bank and in hand | 54/58 | €23,233 | - | -€23,233 | |
| Deferred charges and accrued income | 490/1 | €2,758 | €2,632 | -€126 | -4.6% |
| Total equity and liabilities | 10/49 | €169,967 | €378,941 | +€208,974 | +123% |
| Equity | 10/15 | €57,032 | €82,208 | +€25,176 | +44.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,832 | €76,008 | +€25,176 | +49.5% |
| Distributable reserves | 133 | €50,832 | €76,008 | +€25,176 | +49.5% |
| Amounts payable | 17/49 | €112,935 | €296,733 | +€183,798 | +163% |
| Amounts payable after more than one year | 17 | - | €103,056 | +€103,056 | |
| Financial debts | 170/4 | - | €103,056 | +€103,056 | |
| Amounts payable within one year | 42/48 | €112,290 | €193,677 | +€81,388 | +72.5% |
| Current portion of amounts payable after more than one year | 42 | - | €10,296 | +€10,296 | |
| Financial debts | 43 | €1,016 | €20,028 | +€19,012 | +1,870% |
| Credit institutions | 430/8 | €1,016 | €20,028 | +€19,012 | +1,870% |
| Trade debts | 44 | €14,996 | €33,664 | +€18,669 | +124% |
| Suppliers | 440/4 | €14,996 | €33,664 | +€18,669 | +124% |
| Taxes, remuneration and social security | 45 | €23,205 | €32,696 | +€9,491 | +40.9% |
| Taxes | 450/3 | €13,238 | €22,372 | +€9,134 | +69.0% |
| Remuneration and social security | 454/9 | €9,966 | €10,323 | +€357 | +3.6% |
| Other amounts payable | 47/48 | €73,073 | €96,993 | +€23,920 | +32.7% |
| Accrued charges and deferred income | 492/3 | €645 | - | -€645 | |
| Remuneration, social security and pensions | 62 | €117,903 | €89,093 | -€28,810 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,213 | €13,407 | +€6,193 | +85.9% |
| Other operating charges | 640/8 | €6,788 | €3,105 | -€3,684 | -54.3% |
| Gross operating margin | 9900 | €243,480 | €142,511 | -€100,969 | -41.5% |
| Operating profit (loss) | 9901 | €111,575 | €36,906 | -€74,669 | -66.9% |
| Financial income | 75/76B | €59 | €191 | +€132 | +225% |
| Recurring financial income | 75 | €59 | €191 | +€132 | +225% |
| Financial charges | 65/66B | €2,317 | €4,380 | +€2,063 | +89.0% |
| Recurring financial charges | 65 | €2,317 | €4,380 | +€2,063 | +89.0% |
| Profit (loss) for the period before taxes | 9903 | €109,317 | €32,718 | -€76,599 | -70.1% |
| Income taxes | 67/77 | €19,804 | €7,542 | -€12,262 | -61.9% |
| Profit (loss) for the period | 9904 | €89,513 | €25,176 | -€64,337 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €89,513 | €25,176 | -€64,337 | -71.9% |
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 14 October 2026 via checked.be.