VERMA-IMMO: 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.
VERMA-IMMO
Largest movements
- Receivables within one year +€44,394
up €44,394 (+23.6%), from €188,195 to €232,589
- Tangible fixed assets +€7,348
new in 2025: €7,348
- Other debts +€41,500
new in 2025: €41,500
- Profit (loss) carried forward +€24,221
up €24,221 (+4207.6%), from €576 to €24,797
- Tax, wage and social debts -€13,869
down €13,869 (-21.9%), from €63,268 to €49,399
- Trade debts -€2,476
down €2,476 (-9.7%), from €25,410 to €22,934
- Gross operating margin -€117,574
down €117,574 (-79.7%), from €147,543 to €29,969
- Taxes -€32,931
down €32,931 (-81.1%), from €40,614 to €7,683
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 | €190,589 | €239,964 | +€49,375 | +25.9% |
| Fixed assets | 21/28 | - | €7,348 | +€7,348 | |
| Tangible fixed assets | 22/27 | - | €7,348 | +€7,348 | |
| Furniture and vehicles | 24 | - | €7,348 | +€7,348 | |
| Current assets | 29/58 | €190,589 | €232,616 | +€42,027 | +22.1% |
| Amounts receivable within one year | 40/41 | €188,195 | €232,589 | +€44,394 | +23.6% |
| Other amounts receivable | 41 | €188,195 | €232,589 | +€44,394 | +23.6% |
| Cash at bank and in hand | 54/58 | €2,394 | €28 | -€2,367 | -98.8% |
| Total equity and liabilities | 10/49 | €190,589 | €239,964 | +€49,375 | +25.9% |
| Equity | 10/15 | €101,910 | €126,132 | +€24,221 | +23.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €39,335 | €39,335 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €33,135 | €33,135 | = | 0.0% |
| Profit (loss) carried forward | 14 | €576 | €24,797 | +€24,221 | +4207.6% |
| Amounts payable | 17/49 | €88,678 | €113,833 | +€25,154 | +28.4% |
| Amounts payable within one year | 42/48 | €88,678 | €113,833 | +€25,154 | +28.4% |
| Trade debts | 44 | €25,410 | €22,934 | -€2,476 | -9.7% |
| Suppliers | 440/4 | €25,410 | €22,934 | -€2,476 | -9.7% |
| Taxes, remuneration and social security | 45 | €63,268 | €49,399 | -€13,869 | -21.9% |
| Taxes | 450/3 | €63,268 | €49,399 | -€13,869 | -21.9% |
| Other amounts payable | 47/48 | - | €41,500 | +€41,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €152 | +€152 | |
| Other operating charges | 640/8 | €834 | €175 | -€659 | -79.0% |
| Gross operating margin | 9900 | €147,543 | €29,969 | -€117,574 | -79.7% |
| Operating profit (loss) | 9901 | €146,709 | €29,642 | -€117,067 | -79.8% |
| Financial income | 75/76B | €1,157 | €2,488 | +€1,331 | +115.0% |
| Recurring financial income | 75 | €1,157 | €2,488 | +€1,331 | +115.0% |
| Financial charges | 65/66B | €46 | €226 | +€180 | +388.6% |
| Recurring financial charges | 65 | €46 | €226 | +€180 | +388.6% |
| Profit (loss) for the period before taxes | 9903 | €147,820 | €31,904 | -€115,915 | -78.4% |
| Income taxes | 67/77 | €40,614 | €7,683 | -€32,931 | -81.1% |
| Profit (loss) for the period | 9904 | €107,206 | €24,221 | -€82,985 | -77.4% |
| Profit (loss) for the period to be appropriated | 9905 | €107,206 | €24,221 | -€82,985 | -77.4% |
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 10 October 2026 via checked.be.