VERMA NATUUR: 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 NATUUR
Largest movements
- Cash +€120,961
up €120,961 (+51.8%), from €233,453 to €354,414
mainly Debts after one year (+€118,621) and Accrued charges and deferred income (+€42,809)
- Stocks and contracts -€39,362
no longer reported in 2025 (was €39,362)
- Tangible fixed assets -€29,602
down €29,602 (-3.2%), from €919,260 to €889,658
of which Land and buildings: -€27,739
- Other debts -€153,453
down €153,453 (-53.0%), from €289,486 to €136,033
- Debts after one year +€118,621
up €118,621 (+20.5%), from €578,481 to €697,102
- Accrued charges and deferred income +€42,809
up €42,809 (+18,608%), from €230 to €43,039
- Reserves +€33,349
up €33,349 (+5.7%), from €584,014 to €617,363
of which Distributable reserves: +€34,289
- Current portion of long-term debt +€17,622
up €17,622 (+396%), from €4,451 to €22,073
- Gross operating margin -€41,381
down €41,381 (-25.6%), from €161,423 to €120,043
- Financial income -€30,779
down €30,779 (-67.1%), from €45,903 to €15,124
- Taxes -€22,669
down €22,669 (-61.2%), from €37,014 to €14,345
- Financial charges +€12,202
up €12,202 (+36.3%), from €33,581 to €45,783
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 | €1,677,963 | €1,723,528 | +€45,565 | +2.7% |
| Fixed assets | 21/28 | €919,260 | €889,658 | -€29,602 | -3.2% |
| Tangible fixed assets | 22/27 | €919,260 | €889,658 | -€29,602 | -3.2% |
| Land and buildings | 22 | €901,661 | €873,922 | -€27,739 | -3.1% |
| Furniture and vehicles | 24 | €17,599 | €15,735 | -€1,864 | -10.6% |
| Current assets | 29/58 | €758,703 | €833,870 | +€75,167 | +9.9% |
| Stocks and contracts in progress | 3 | €39,362 | - | -€39,362 | |
| Stocks | 30/36 | €39,362 | - | -€39,362 | |
| Amounts receivable within one year | 40/41 | €33,409 | €26,999 | -€6,409 | -19.2% |
| Trade receivables | 40 | €28,988 | €23,624 | -€5,363 | -18.5% |
| Other amounts receivable | 41 | €4,421 | €3,375 | -€1,046 | -23.7% |
| Current investments | 50/53 | €450,000 | €440,000 | -€10,000 | -2.2% |
| Cash at bank and in hand | 54/58 | €233,453 | €354,414 | +€120,961 | +51.8% |
| Deferred charges and accrued income | 490/1 | €2,479 | €12,457 | +€9,978 | +403% |
| Total equity and liabilities | 10/49 | €1,677,963 | €1,723,528 | +€45,565 | +2.7% |
| Equity | 10/15 | €740,214 | €773,563 | +€33,349 | +4.5% |
| Contributions | 10/11 | €156,200 | €156,200 | = | 0.0% |
| Reserves | 13 | €584,014 | €617,363 | +€33,349 | +5.7% |
| Tax-exempt reserves | 132 | €70,150 | €69,209 | -€940 | -1.3% |
| Distributable reserves | 133 | €513,864 | €548,153 | +€34,289 | +6.7% |
| Provisions and deferred taxes | 16 | €23,383 | €23,070 | -€313 | -1.3% |
| Deferred taxes | 168 | €23,383 | €23,070 | -€313 | -1.3% |
| Amounts payable | 17/49 | €914,366 | €926,895 | +€12,529 | +1.4% |
| Amounts payable after more than one year | 17 | €578,481 | €697,102 | +€118,621 | +20.5% |
| Financial debts | 170/4 | €578,481 | €697,102 | +€118,621 | +20.5% |
| Amounts payable within one year | 42/48 | €335,655 | €186,755 | -€148,901 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €4,451 | €22,073 | +€17,622 | +396% |
| Trade debts | 44 | €11,302 | €2,219 | -€9,083 | -80.4% |
| Suppliers | 440/4 | €11,302 | €2,219 | -€9,083 | -80.4% |
| Taxes, remuneration and social security | 45 | €30,416 | €26,430 | -€3,986 | -13.1% |
| Taxes | 450/3 | €27,159 | €23,224 | -€3,935 | -14.5% |
| Remuneration and social security | 454/9 | €3,257 | €3,207 | -€51 | -1.6% |
| Other amounts payable | 47/48 | €289,486 | €136,033 | -€153,453 | -53.0% |
| Accrued charges and deferred income | 492/3 | €230 | €43,039 | +€42,809 | +18,608% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,546 | €39,159 | +€613 | +1.6% |
| Other operating charges | 640/8 | €1,800 | €2,845 | +€1,045 | +58.1% |
| Gross operating margin | 9900 | €161,423 | €120,043 | -€41,381 | -25.6% |
| Operating profit (loss) | 9901 | €121,078 | €78,039 | -€43,039 | -35.5% |
| Financial income | 75/76B | €45,903 | €15,124 | -€30,779 | -67.1% |
| Recurring financial income | 75 | €45,903 | €15,124 | -€30,779 | -67.1% |
| Financial charges | 65/66B | €33,581 | €45,783 | +€12,202 | +36.3% |
| Recurring financial charges | 65 | €33,581 | €45,783 | +€12,202 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €133,400 | €47,380 | -€86,020 | -64.5% |
| Transfer from deferred taxes | 780 | €313 | €313 | = | 0.0% |
| Income taxes | 67/77 | €37,014 | €14,345 | -€22,669 | -61.2% |
| Profit (loss) for the period | 9904 | €96,699 | €33,349 | -€63,350 | -65.5% |
| Transfer from tax-exempt reserves | 789 | €940 | €940 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,639 | €34,289 | -€63,350 | -64.9% |
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 1 November 2026 via checked.be.