Vermeulen Electronics Consultancy: what changed
What changed
Vermeulen Electronics Consultancy
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€59,545
2024 · €45,099+€14,446
Equity
€100,973
2024 · €41,428+€59,545
Cash
-
not filed
Balance sheet total
€398,246
2024 · €426,820-€28,574
Largest movements
Assets
- Receivables within one year -€21,724
down €21,724 (-52.5%), from €41,404 to €19,680
of which Other amounts receivable: -€21,724
- Tangible fixed assets -€8,925
down €8,925 (-76.2%), from €11,712 to €2,787
Equity and liabilities
- Profit (loss) carried forward +€59,545
up €59,545 (+707%), from €8,428 to €67,973
- Other debts -€54,999
down €54,999 (-25.7%), from €213,639 to €158,640
- Debts after one year -€14,745
down €14,745 (-12.9%), from €114,745 to €100,000
- Current portion of long-term debt -€10,281
down €10,281 (-41.1%), from €25,026 to €14,745
- Tax, wage and social debts -€8,742
down €8,742 (-45.8%), from €19,105 to €10,363
Income statement
- Gross operating margin +€9,997
up €9,997 (+12.5%), from €80,214 to €90,211
- Financial income +€7,087
new in 2025: €7,087
- Taxes +€6,276
up €6,276 (+36.5%), from €17,198 to €23,474
- Financial charges -€3,270
down €3,270 (-43.9%), from €7,446 to €4,176
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
€45,099
Gross operating margin
+€9,997
Other operating charges
+€368
Financial income
+€7,087
Financial charges
+€3,270
Taxes
-€6,276
Result 2025
€59,545
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €426,820 | €398,246 | -€28,574 | -6.7% |
| Fixed assets | 21/28 | €338,802 | €329,877 | -€8,925 | -2.6% |
| Tangible fixed assets | 22/27 | €11,712 | €2,787 | -€8,925 | -76.2% |
| Furniture and vehicles | 24 | €11,712 | €2,787 | -€8,925 | -76.2% |
| Financial fixed assets | 28 | €327,090 | €327,090 | = | 0.0% |
| Current assets | 29/58 | €88,018 | €68,369 | -€19,649 | -22.3% |
| Amounts receivable within one year | 40/41 | €41,404 | €19,680 | -€21,724 | -52.5% |
| Trade receivables | 40 | €9,680 | €9,680 | = | 0.0% |
| Other amounts receivable | 41 | €31,724 | €10,000 | -€21,724 | -68.5% |
| Current investments | 50/53 | €45,725 | €48,689 | +€2,964 | +6.5% |
| Deferred charges and accrued income | 490/1 | €889 | - | -€889 | |
| Total equity and liabilities | 10/49 | €426,820 | €398,246 | -€28,574 | -6.7% |
| Equity | 10/15 | €41,428 | €100,973 | +€59,545 | +144% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,428 | €67,973 | +€59,545 | +707% |
| Amounts payable | 17/49 | €385,392 | €297,273 | -€88,119 | -22.9% |
| Amounts payable after more than one year | 17 | €114,745 | €100,000 | -€14,745 | -12.9% |
| Financial debts | 170/4 | €114,745 | €100,000 | -€14,745 | -12.9% |
| Amounts payable within one year | 42/48 | €263,171 | €189,797 | -€73,374 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €25,026 | €14,745 | -€10,281 | -41.1% |
| Financial debts | 43 | €4,454 | €4,795 | +€341 | +7.7% |
| Credit institutions | 430/8 | €4,454 | €4,795 | +€341 | +7.7% |
| Trade debts | 44 | €947 | €1,254 | +€307 | +32.4% |
| Suppliers | 440/4 | €947 | €1,254 | +€307 | +32.4% |
| Taxes, remuneration and social security | 45 | €19,105 | €10,363 | -€8,742 | -45.8% |
| Taxes | 450/3 | €19,105 | €10,363 | -€8,742 | -45.8% |
| Other amounts payable | 47/48 | €213,639 | €158,640 | -€54,999 | -25.7% |
| Accrued charges and deferred income | 492/3 | €7,476 | €7,476 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,924 | €8,924 | = | 0.0% |
| Other operating charges | 640/8 | €1,547 | €1,179 | -€368 | -23.8% |
| Gross operating margin | 9900 | €80,214 | €90,211 | +€9,997 | +12.5% |
| Operating profit (loss) | 9901 | €69,743 | €80,108 | +€10,365 | +14.9% |
| Financial income | 75/76B | - | €7,087 | +€7,087 | |
| Recurring financial income | 75 | - | €7,087 | +€7,087 | |
| Financial charges | 65/66B | €7,446 | €4,176 | -€3,270 | -43.9% |
| Recurring financial charges | 65 | €7,446 | €4,176 | -€3,270 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €62,297 | €83,019 | +€20,722 | +33.3% |
| Income taxes | 67/77 | €17,198 | €23,474 | +€6,276 | +36.5% |
| Profit (loss) for the period | 9904 | €45,099 | €59,545 | +€14,446 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,099 | €59,545 | +€14,446 | +32.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.