Vermedi: 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.
Vermedi
Largest movements
- Tangible fixed assets +€55,505
up €55,505 (+4110.1%), from €1,350 to €56,856
of which Furniture and vehicles: +€54,059
- Cash +€7,534
up €7,534 (+10.6%), from €70,994 to €78,528
mainly Net result for the year (+€52,723) and Tax, wage and social debts (+€13,546)
- Receivables within one year +€3,501
up €3,501 (+80.5%), from €4,350 to €7,851
- Deferred charges and accrued income +€1,899
up €1,899 (+75.0%), from €2,532 to €4,432
- Reserves +€52,723
up €52,723 (+88.5%), from €59,561 to €112,285
- Tax, wage and social debts +€13,546
up €13,546 (+82.0%), from €16,518 to €30,064
- Accrued charges and deferred income +€2,386
up €2,386 (+410.0%), from €582 to €2,968
- Depreciation +€4,624
up €4,624 (+106.2%), from €4,356 to €8,980
- Gross operating margin -€3,504
down €3,504 (-4.4%), from €78,991 to €75,487
- Taxes -€1,352
down €1,352 (-9.1%), from €14,898 to €13,546
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 | €79,227 | €147,667 | +€68,439 | +86.4% |
| Fixed assets | 21/28 | €1,350 | €56,856 | +€55,505 | +4110.1% |
| Tangible fixed assets | 22/27 | €1,350 | €56,856 | +€55,505 | +4110.1% |
| Furniture and vehicles | 24 | €1,350 | €55,409 | +€54,059 | +4003.0% |
| Other tangible fixed assets | 26 | - | €1,447 | +€1,447 | |
| Current assets | 29/58 | €77,877 | €90,811 | +€12,934 | +16.6% |
| Amounts receivable within one year | 40/41 | €4,350 | €7,851 | +€3,501 | +80.5% |
| Trade receivables | 40 | €4,350 | €7,851 | +€3,501 | +80.5% |
| Cash at bank and in hand | 54/58 | €70,994 | €78,528 | +€7,534 | +10.6% |
| Deferred charges and accrued income | 490/1 | €2,532 | €4,432 | +€1,899 | +75.0% |
| Total equity and liabilities | 10/49 | €79,227 | €147,667 | +€68,439 | +86.4% |
| Equity | 10/15 | €61,561 | €114,285 | +€52,723 | +85.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €59,561 | €112,285 | +€52,723 | +88.5% |
| Distributable reserves | 133 | €59,561 | €112,285 | +€52,723 | +88.5% |
| Amounts payable | 17/49 | €17,666 | €33,382 | +€15,716 | +89.0% |
| Amounts payable within one year | 42/48 | €17,084 | €30,414 | +€13,330 | +78.0% |
| Trade debts | 44 | €449 | €113 | -€337 | -74.9% |
| Suppliers | 440/4 | €449 | €113 | -€337 | -74.9% |
| Taxes, remuneration and social security | 45 | €16,518 | €30,064 | +€13,546 | +82.0% |
| Taxes | 450/3 | €16,518 | €30,064 | +€13,546 | +82.0% |
| Other amounts payable | 47/48 | €117 | €237 | +€120 | +103.2% |
| Accrued charges and deferred income | 492/3 | €582 | €2,968 | +€2,386 | +410.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,356 | €8,980 | +€4,624 | +106.2% |
| Other operating charges | 640/8 | €126 | €191 | +€65 | +51.9% |
| Gross operating margin | 9900 | €78,991 | €75,487 | -€3,504 | -4.4% |
| Operating profit (loss) | 9901 | €74,509 | €66,315 | -€8,194 | -11.0% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €50 | €49 | -€1 | -1.6% |
| Recurring financial charges | 65 | €50 | €49 | -€1 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €74,459 | €66,269 | -€8,190 | -11.0% |
| Income taxes | 67/77 | €14,898 | €13,546 | -€1,352 | -9.1% |
| Profit (loss) for the period | 9904 | €59,561 | €52,723 | -€6,838 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,561 | €52,723 | -€6,838 | -11.5% |
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.