Vermeg Belgium: 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.
What changed
Vermeg Belgium
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €2.1m-€56,639
Equity
€12.2m
2024 · €10.2m+€2.0m
Cash
€712,615
2024 · €259,956+€452,658
Balance sheet total
€19.4m
2024 · €18.6m+€851,602
Largest movements
Assets
- Cash +€452,658
up €452,658 (+174%), from €259,956 to €712,615
mainly Net result for the year (+€2.0m) and Trade debts (+€2.0m)
- Receivables within one year +€359,643
up €359,643 (+2.0%), from €17.6m to €18.0m
of which Trade receivables: +€3.5m
Equity and liabilities
- Reserves +€2.0m
up €2.0m (+38.0%), from €5.2m to €7.2m
of which Distributable reserves: +€2.0m
- Trade debts +€2.0m
up €2.0m (+104%), from €1.9m to €3.9m
- Other debts -€2.0m
down €2.0m (-100%), from €2.0m to €0
- Short-term financial debts -€1.3m
down €1.3m (-100%), from €1.3m to €0
Income statement
- Services and other goods +€943,813
up €943,813 (+23.7%), from €4.0m to €4.9m
- Goods and materials -€372,122
down €372,122 (-14.4%), from €2.6m to €2.2m
- Turnover +€238,005
up €238,005 (+2.4%), from €10.0m to €10.2m
- Other operating income +€191,489
up €191,489 (+115%), from €166,495 to €357,984
- Financial income -€111,445
down €111,445 (-32.0%), from €348,031 to €236,586
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.
Result 2024
€2.1m
Turnover
+€238,005
Other operating income
+€191,489
Goods and materials
+€372,122
Services and other goods
-€943,813
Staff costs
+€68,851
Depreciation
+€35,107
Other operating charges
+€1,797
Other operating items
+€31,526
Financial income
-€111,445
Financial charges
+€31,809
Taxes
+€27,913
Result 2025
€2.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.0m
Investment
-€249,831
Financing
-€1.3m
Cash 2024
€259,956
From operations (derived)
+€2.0m
Net result for the year
+€2.0m
Depreciation
+€189,049
Receivables within one year
-€359,643
Deferred charges and accrued income
+€21,481
Trade debts
+€2.0m
Tax, wage and social debts
+€111,946
Other debts
-€2.0m
Accrued charges and deferred income
-€6,512
Investment (derived)
-€249,831
Investment in fixed assets (net)
-€249,831
Financing
-€1.3m
Short-term financial debts
-€1.3m
Cash 2025
€712,615
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,564,490 | €19,416,093 | +€851,602 | +4.6% |
| Fixed assets | 21/28 | €540,581 | €601,364 | +€60,782 | +11.2% |
| Intangible fixed assets | 21 | €487,760 | €545,217 | +€57,457 | +11.8% |
| Tangible fixed assets | 22/27 | €25,409 | €14,935 | -€10,474 | -41.2% |
| Plant, machinery and equipment | 23 | €25,164 | €14,807 | -€10,357 | -41.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €246 | €128 | -€118 | -48.0% |
| Financial fixed assets | 28 | €27,412 | €41,212 | +€13,800 | +50.3% |
| Affiliated companies | 280/1 | €410 | €410 | = | 0.0% |
| Participating interests | 280 | €410 | €410 | = | 0.0% |
| Other financial fixed assets | 284/8 | €27,002 | €40,802 | +€13,800 | +51.1% |
| Amounts receivable and cash guarantees | 285/8 | €27,002 | €40,802 | +€13,800 | +51.1% |
| Current assets | 29/58 | €18,023,909 | €18,814,729 | +€790,820 | +4.4% |
| Amounts receivable after more than one year | 29 | €70,115 | €70,115 | = | 0.0% |
| Other amounts receivable | 291 | €70,115 | €70,115 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,633,794 | €17,993,437 | +€359,643 | +2.0% |
| Trade receivables | 40 | €9,207,000 | €12,666,392 | +€3.5m | +37.6% |
| Other amounts receivable | 41 | €8,426,793 | €5,327,045 | -€3.1m | -36.8% |
| Cash at bank and in hand | 54/58 | €259,956 | €712,615 | +€452,658 | +174% |
| Deferred charges and accrued income | 490/1 | €60,044 | €38,563 | -€21,481 | -35.8% |
| Total equity and liabilities | 10/49 | €18,564,490 | €19,416,093 | +€851,602 | +4.6% |
| Equity | 10/15 | €10,219,981 | €12,214,276 | +€2.0m | +19.5% |
| Contributions | 10/11 | €4,970,044 | €4,970,044 | = | 0.0% |
| Capital | 10 | €4,970,044 | €4,970,044 | = | 0.0% |
| Issued capital | 100 | €4,970,044 | €4,970,044 | = | 0.0% |
| Reserves | 13 | €5,249,937 | €7,244,232 | +€2.0m | +38.0% |
| Non-distributable reserves | 130/1 | €497,004 | €497,004 | = | 0.0% |
| Legal reserve | 130 | €497,004 | €497,004 | = | 0.0% |
| Distributable reserves | 133 | €4,752,933 | €6,747,228 | +€2.0m | +42.0% |
| Amounts payable | 17/49 | €8,344,509 | €7,201,816 | -€1.1m | -13.7% |
| Amounts payable within one year | 42/48 | €6,764,550 | €5,628,369 | -€1.1m | -16.8% |
| Financial debts | 43 | €1,250,000 | €0 | -€1.3m | -100% |
| Credit institutions | 430/8 | €1,250,000 | €0 | -€1.3m | -100% |
| Trade debts | 44 | €1,910,412 | €3,887,991 | +€2.0m | +104% |
| Suppliers | 440/4 | €1,910,412 | €3,887,991 | +€2.0m | +104% |
| Taxes, remuneration and social security | 45 | €1,628,433 | €1,740,378 | +€111,946 | +6.9% |
| Taxes | 450/3 | €1,506,747 | €1,601,212 | +€94,466 | +6.3% |
| Remuneration and social security | 454/9 | €121,686 | €139,166 | +€17,480 | +14.4% |
| Other amounts payable | 47/48 | €1,975,705 | €0 | -€2.0m | -100% |
| Accrued charges and deferred income | 492/3 | €1,579,959 | €1,573,447 | -€6,512 | -0.4% |
| Operating income | 70/76A | €10,362,596 | €10,825,303 | +€462,707 | +4.5% |
| Turnover | 70 | €10,002,143 | €10,240,148 | +€238,005 | +2.4% |
| Own construction capitalised | 72 | €193,376 | €225,450 | +€32,074 | +16.6% |
| Other operating income | 74 | €166,495 | €357,984 | +€191,489 | +115% |
| Non-recurring operating income | 76A | €583 | €1,721 | +€1,138 | +195% |
| Operating charges | 60/66A | €7,767,739 | €8,235,362 | +€467,623 | +6.0% |
| Goods for resale, raw materials and consumables | 60 | €2,575,820 | €2,203,699 | -€372,122 | -14.4% |
| Purchases | 600/8 | €2,575,820 | €2,203,699 | -€372,122 | -14.4% |
| Services and other goods | 61 | €3,989,627 | €4,933,440 | +€943,813 | +23.7% |
| Remuneration, social security and pensions | 62 | €968,830 | €899,979 | -€68,851 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,156 | €189,049 | -€35,107 | -15.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €2,796 | €998 | -€1,797 | -64.3% |
| Non-recurring operating charges | 66A | €6,510 | €8,197 | +€1,687 | +25.9% |
| Operating profit (loss) | 9901 | €2,594,857 | €2,589,941 | -€4,916 | -0.2% |
| Financial income | 75/76B | €348,031 | €236,586 | -€111,445 | -32.0% |
| Recurring financial income | 75 | €348,031 | €236,586 | -€111,445 | -32.0% |
| Income from financial fixed assets | 750 | €0 | €0 | = | |
| Income from current assets | 751 | €347,846 | €235,899 | -€111,947 | -32.2% |
| Other financial income | 752/9 | €185 | €687 | +€502 | +272% |
| Financial charges | 65/66B | €126,890 | €95,081 | -€31,809 | -25.1% |
| Recurring financial charges | 65 | €126,890 | €95,081 | -€31,809 | -25.1% |
| Debt charges | 650 | €79,403 | €71,384 | -€8,019 | -10.1% |
| Other financial charges | 652/9 | €47,486 | €23,696 | -€23,790 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €2,815,998 | €2,731,446 | -€84,552 | -3.0% |
| Income taxes | 67/77 | €765,063 | €737,150 | -€27,913 | -3.6% |
| Taxes | 670/3 | €765,063 | €738,413 | -€26,650 | -3.5% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €1,263 | +€1,263 | |
| Profit (loss) for the period | 9904 | €2,050,934 | €1,994,295 | -€56,639 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,050,934 | €1,994,295 | -€56,639 | -2.8% |
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 27 October 2026 via checked.be.