VERMA-SYSTEMEN: 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-SYSTEMEN
Largest movements
- Receivables within one year -€58,912
down €58,912 (-14.7%), from €400,338 to €341,426
of which Other amounts receivable: -€100,000
- Tangible fixed assets -€8,913
down €8,913 (-89.7%), from €9,935 to €1,022
- Trade debts -€125,072
down €125,072 (-55.4%), from €225,624 to €100,552
- Other debts +€44,997
up €44,997 (+25.8%), from €174,648 to €219,645
- Tax, wage and social debts +€8,871
up €8,871 (+19.4%), from €45,767 to €54,638
of which Taxes: +€8,160
- Gross operating margin -€87,030
down €87,030 (-12.0%), from €722,778 to €635,748
- Taxes -€23,181
down €23,181 (-18.5%), from €125,582 to €102,401
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 | €466,499 | €395,295 | -€71,204 | -15.3% |
| Fixed assets | 21/28 | €10,685 | €1,772 | -€8,913 | -83.4% |
| Tangible fixed assets | 22/27 | €9,935 | €1,022 | -€8,913 | -89.7% |
| Furniture and vehicles | 24 | €9,935 | €1,022 | -€8,913 | -89.7% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €455,814 | €393,523 | -€62,291 | -13.7% |
| Amounts receivable within one year | 40/41 | €400,338 | €341,426 | -€58,912 | -14.7% |
| Trade receivables | 40 | €275,854 | €316,942 | +€41,088 | +14.9% |
| Other amounts receivable | 41 | €124,484 | €24,484 | -€100,000 | -80.3% |
| Cash at bank and in hand | 54/58 | €52,601 | €49,187 | -€3,414 | -6.5% |
| Deferred charges and accrued income | 490/1 | €2,875 | €2,910 | +€35 | +1.2% |
| Total equity and liabilities | 10/49 | €466,499 | €395,295 | -€71,204 | -15.3% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €446,039 | €374,835 | -€71,204 | -16.0% |
| Amounts payable within one year | 42/48 | €446,039 | €374,835 | -€71,204 | -16.0% |
| Trade debts | 44 | €225,624 | €100,552 | -€125,072 | -55.4% |
| Suppliers | 440/4 | €225,624 | €100,552 | -€125,072 | -55.4% |
| Taxes, remuneration and social security | 45 | €45,767 | €54,638 | +€8,871 | +19.4% |
| Taxes | 450/3 | €26,195 | €34,356 | +€8,160 | +31.2% |
| Remuneration and social security | 454/9 | €19,572 | €20,282 | +€711 | +3.6% |
| Other amounts payable | 47/48 | €174,648 | €219,645 | +€44,997 | +25.8% |
| Remuneration, social security and pensions | 62 | €211,406 | €212,583 | +€1,177 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,913 | €8,913 | = | 0.0% |
| Other operating charges | 640/8 | €1,135 | €6,288 | +€5,153 | +454% |
| Gross operating margin | 9900 | €722,778 | €635,748 | -€87,030 | -12.0% |
| Operating profit (loss) | 9901 | €501,324 | €407,964 | -€93,360 | -18.6% |
| Financial income | 75/76B | €19 | €0 | -€19 | -98.4% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -98.4% |
| Financial charges | 65/66B | €1,113 | €636 | -€476 | -42.8% |
| Recurring financial charges | 65 | €1,113 | €636 | -€476 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €500,230 | €407,327 | -€92,903 | -18.6% |
| Income taxes | 67/77 | €125,582 | €102,401 | -€23,181 | -18.5% |
| Profit (loss) for the period | 9904 | €374,648 | €304,926 | -€69,722 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €374,648 | €304,926 | -€69,722 | -18.6% |
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 19 October 2026 via checked.be.