VERMERSCH-RIGAUX: what changed
What changed
VERMERSCH-RIGAUX
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€84,596
2024 · €125,716-€41,120
Equity
€514,384
2024 · €579,788-€65,404
Cash
€88,891
2024 · €8,694+€80,197
Balance sheet total
€1.1m
2024 · €1.0m+€72,931
Largest movements
Assets
- Receivables within one year -€125,249
down €125,249 (-48.0%), from €260,893 to €135,644
of which Other amounts receivable: -€74,997
- Stocks and contracts +€116,533
up €116,533 (+26.4%), from €440,993 to €557,526
- Cash +€80,197
up €80,197 (+922%), from €8,694 to €88,891
mainly Receivables within one year (+€125,249) and Other debts (+€123,247)
Equity and liabilities
- Other debts +€123,247
up €123,247 (+1,608%), from €7,664 to €130,911
- Short-term financial debts +€77,117
up €77,117 (+46.7%), from €165,000 to €242,117
- Profit (loss) carried forward -€65,404
down €65,404 (-12.6%), from €520,159 to €454,755
- Tax, wage and social debts -€60,380
down €60,380 (-62.8%), from €96,156 to €35,776
of which Taxes: -€58,882
Income statement
- Gross operating margin -€46,519
down €46,519 (-8.0%), from €581,195 to €534,676
- Taxes -€22,461
down €22,461 (-40.2%), from €55,930 to €33,469
- Staff costs +€14,126
up €14,126 (+3.9%), from €363,236 to €377,362
- Depreciation +€7,562
up €7,562 (+50.5%), from €14,973 to €22,535
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
€125,716
Gross operating margin
-€46,519
Staff costs
-€14,126
Depreciation
-€7,562
Other operating charges
+€4,514
Financial income
+€33
Financial charges
+€79
Taxes
+€22,461
Result 2025
€84,596
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
+€171,646
Investment
-€22,645
Financing
-€68,804
Cash 2024
€8,694
From operations (derived)
+€171,646
Net result for the year
+€84,596
Depreciation
+€22,535
Stocks and contracts
-€116,533
Receivables within one year
+€125,249
Deferred charges and accrued income
-€1,340
Trade debts
-€5,728
Tax, wage and social debts
-€60,380
Other debts
+€123,247
Investment (derived)
-€22,645
Investment in fixed assets (net)
-€22,645
Financing
-€68,804
Debts after one year
-€1,028
Current portion of long-term debt
+€5,107
Short-term financial debts
+€77,117
Contributions, distributions and other
-€150,000
Cash 2025
€88,891
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,001,193 | €1,074,124 | +€72,931 | +7.3% |
| Fixed assets | 21/28 | €118,918 | €119,028 | +€110 | +0.1% |
| Tangible fixed assets | 22/27 | €118,918 | €119,028 | +€110 | +0.1% |
| Land and buildings | 22 | €70,965 | €70,965 | = | 0.0% |
| Plant, machinery and equipment | 23 | €6,134 | €4,556 | -€1,578 | -25.7% |
| Furniture and vehicles | 24 | €41,819 | €43,507 | +€1,688 | +4.0% |
| Current assets | 29/58 | €882,275 | €955,096 | +€72,821 | +8.3% |
| Amounts receivable after more than one year | 29 | €160,000 | €160,000 | = | 0.0% |
| Other amounts receivable | 291 | €160,000 | €160,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €440,993 | €557,526 | +€116,533 | +26.4% |
| Stocks | 30/36 | €440,993 | €557,526 | +€116,533 | +26.4% |
| Amounts receivable within one year | 40/41 | €260,893 | €135,644 | -€125,249 | -48.0% |
| Trade receivables | 40 | €176,030 | €125,778 | -€50,252 | -28.5% |
| Other amounts receivable | 41 | €84,863 | €9,866 | -€74,997 | -88.4% |
| Cash at bank and in hand | 54/58 | €8,694 | €88,891 | +€80,197 | +922% |
| Deferred charges and accrued income | 490/1 | €11,695 | €13,035 | +€1,340 | +11.5% |
| Total equity and liabilities | 10/49 | €1,001,193 | €1,074,124 | +€72,931 | +7.3% |
| Equity | 10/15 | €579,788 | €514,384 | -€65,404 | -11.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €34,629 | €34,629 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,724 | €3,724 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,724 | €3,724 | = | 0.0% |
| Distributable reserves | 133 | €30,905 | €30,905 | = | 0.0% |
| Profit (loss) carried forward | 14 | €520,159 | €454,755 | -€65,404 | -12.6% |
| Amounts payable | 17/49 | €421,405 | €559,740 | +€138,335 | +32.8% |
| Amounts payable after more than one year | 17 | €33,948 | €32,920 | -€1,028 | -3.0% |
| Financial debts | 170/4 | €33,948 | €32,920 | -€1,028 | -3.0% |
| Amounts payable within one year | 42/48 | €387,457 | €526,820 | +€139,363 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | €13,901 | €19,008 | +€5,107 | +36.7% |
| Financial debts | 43 | €165,000 | €242,117 | +€77,117 | +46.7% |
| Credit institutions | 430/8 | €165,000 | €242,117 | +€77,117 | +46.7% |
| Trade debts | 44 | €104,736 | €99,008 | -€5,728 | -5.5% |
| Suppliers | 440/4 | €104,736 | €99,008 | -€5,728 | -5.5% |
| Taxes, remuneration and social security | 45 | €96,156 | €35,776 | -€60,380 | -62.8% |
| Taxes | 450/3 | €77,597 | €18,715 | -€58,882 | -75.9% |
| Remuneration and social security | 454/9 | €18,559 | €17,061 | -€1,498 | -8.1% |
| Other amounts payable | 47/48 | €7,664 | €130,911 | +€123,247 | +1,608% |
| Remuneration, social security and pensions | 62 | €363,236 | €377,362 | +€14,126 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,973 | €22,535 | +€7,562 | +50.5% |
| Other operating charges | 640/8 | €5,473 | €959 | -€4,514 | -82.5% |
| Gross operating margin | 9900 | €581,195 | €534,676 | -€46,519 | -8.0% |
| Operating profit (loss) | 9901 | €197,513 | €133,820 | -€63,693 | -32.2% |
| Financial income | 75/76B | €5,438 | €5,471 | +€33 | +0.6% |
| Recurring financial income | 75 | €5,438 | €5,471 | +€33 | +0.6% |
| Financial charges | 65/66B | €21,305 | €21,226 | -€79 | -0.4% |
| Recurring financial charges | 65 | €21,305 | €21,226 | -€79 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €181,646 | €118,065 | -€63,581 | -35.0% |
| Income taxes | 67/77 | €55,930 | €33,469 | -€22,461 | -40.2% |
| Profit (loss) for the period | 9904 | €125,716 | €84,596 | -€41,120 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €125,716 | €84,596 | -€41,120 | -32.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.