VERMEIREN: what changed
What changed
VERMEIREN
NACE 46.900, Non-specialised wholesale trade
filed annual accounts (NBB)
Net result for the year
€53,058
2024 · €50,563+€2,495
Equity
€321,374
2024 · €305,422+€15,952
Cash
€349,465
2024 · €345,952+€3,514
Balance sheet total
€377,102
2024 · €365,160+€11,942
Largest movements
Assets
- Receivables within one year +€9,187
up €9,187 (+61.3%), from €14,982 to €24,170
of which Trade receivables: +€11,770
Equity and liabilities
- Reserves +€15,952
up €15,952 (+5.3%), from €299,225 to €315,177
- Tax, wage and social debts -€9,444
down €9,444 (-16.4%), from €57,593 to €48,149
of which Taxes: -€10,348
- Accrued charges and deferred income +€6,532
new in 2025: €6,532
Income statement
- Staff costs +€7,133
up €7,133 (+4.3%), from €164,363 to €171,496
- Gross operating margin +€6,403
up €6,403 (+2.7%), from €239,998 to €246,400
- Financial income +€4,573
up €4,573 (+352%), from €1,298 to €5,871
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€50,563
Gross operating margin
+€6,403
Staff costs
-€7,133
Other operating charges
-€943
Financial income
+€4,573
Financial charges
+€160
Taxes
-€565
Result 2025
€53,058
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€40,620
Investment
€0
Financing
-€37,106
Cash 2024
€345,952
From operations (derived)
+€40,620
Net result for the year
+€53,058
Receivables within one year
-€9,187
Deferred charges and accrued income
+€759
Trade debts
-€1,098
Tax, wage and social debts
-€9,444
Accrued charges and deferred income
+€6,532
Financing
-€37,106
Contributions, distributions and other
-€37,106
Cash 2025
€349,465
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €365,160 | €377,102 | +€11,942 | +3.3% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €365,160 | €377,102 | +€11,942 | +3.3% |
| Amounts receivable within one year | 40/41 | €14,982 | €24,170 | +€9,187 | +61.3% |
| Trade receivables | 40 | €6,846 | €18,616 | +€11,770 | +172% |
| Other amounts receivable | 41 | €8,136 | €5,553 | -€2,583 | -31.7% |
| Cash at bank and in hand | 54/58 | €345,952 | €349,465 | +€3,514 | +1.0% |
| Deferred charges and accrued income | 490/1 | €4,226 | €3,467 | -€759 | -18.0% |
| Total equity and liabilities | 10/49 | €365,160 | €377,102 | +€11,942 | +3.3% |
| Equity | 10/15 | €305,422 | €321,374 | +€15,952 | +5.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €299,225 | €315,177 | +€15,952 | +5.3% |
| Distributable reserves | 133 | €299,225 | €315,177 | +€15,952 | +5.3% |
| Amounts payable | 17/49 | €59,738 | €55,728 | -€4,010 | -6.7% |
| Amounts payable within one year | 42/48 | €59,738 | €49,195 | -€10,542 | -17.6% |
| Trade debts | 44 | €2,145 | €1,047 | -€1,098 | -51.2% |
| Suppliers | 440/4 | €2,145 | €1,047 | -€1,098 | -51.2% |
| Taxes, remuneration and social security | 45 | €57,593 | €48,149 | -€9,444 | -16.4% |
| Taxes | 450/3 | €31,506 | €21,157 | -€10,348 | -32.8% |
| Remuneration and social security | 454/9 | €26,087 | €26,991 | +€904 | +3.5% |
| Accrued charges and deferred income | 492/3 | - | €6,532 | +€6,532 | |
| Remuneration, social security and pensions | 62 | €164,363 | €171,496 | +€7,133 | +4.3% |
| Other operating charges | 640/8 | €2,320 | €3,263 | +€943 | +40.6% |
| Gross operating margin | 9900 | €239,998 | €246,400 | +€6,403 | +2.7% |
| Operating profit (loss) | 9901 | €73,314 | €71,642 | -€1,672 | -2.3% |
| Financial income | 75/76B | €1,298 | €5,871 | +€4,573 | +352% |
| Recurring financial income | 75 | €1,298 | €5,871 | +€4,573 | +352% |
| Financial charges | 65/66B | €409 | €250 | -€160 | -39.0% |
| Recurring financial charges | 65 | €409 | €250 | -€160 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €74,203 | €77,263 | +€3,060 | +4.1% |
| Income taxes | 67/77 | €23,640 | €24,205 | +€565 | +2.4% |
| Profit (loss) for the period | 9904 | €50,563 | €53,058 | +€2,495 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €50,563 | €53,058 | +€2,495 | +4.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.