Vermewies: what changed
Vermewies
Largest movements
- Tangible fixed assets +€72,187
up €72,187 (+266%), from €27,140 to €99,327
of which Furniture and vehicles: +€74,903
- Cash +€15,283
up €15,283 (+108%), from €14,092 to €29,375
mainly Debts after one year (+€49,274) and Net result for the year (+€24,190)
- Stocks and contracts +€6,667
new in 2025: €6,667
- Debts after one year +€49,274
up €49,274 (+1,398%), from €3,524 to €52,798
- Reserves +€24,190
up €24,190 (+62.9%), from €38,466 to €62,656
- Current portion of long-term debt +€14,947
up €14,947 (+2,016%), from €741 to €15,688
- Other debts +€5,365
up €5,365 (+545%), from €984 to €6,348
- Gross operating margin +€31,120
up €31,120 (+75.4%), from €41,248 to €72,368
- Depreciation +€15,749
up €15,749 (+264%), from €5,973 to €21,722
- Financial charges +€2,285
up €2,285 (+344%), from €664 to €2,949
- Taxes +€2,243
up €2,243 (+55.9%), from €4,015 to €6,258
- Staff costs +€1,768
up €1,768 (+13.1%), from €13,482 to €15,250
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,886 | €157,942 | +€94,055 | +147% |
| Fixed assets | 21/28 | €27,140 | €99,327 | +€72,187 | +266% |
| Tangible fixed assets | 22/27 | €27,140 | €99,327 | +€72,187 | +266% |
| Plant, machinery and equipment | 23 | €22,969 | €21,164 | -€1,805 | -7.9% |
| Furniture and vehicles | 24 | - | €74,903 | +€74,903 | |
| Leasing and similar rights | 25 | €4,171 | €3,261 | -€910 | -21.8% |
| Current assets | 29/58 | €36,746 | €58,614 | +€21,868 | +59.5% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €6,667 | +€6,667 | |
| Stocks | 30/36 | - | €6,667 | +€6,667 | |
| Amounts receivable within one year | 40/41 | €2,292 | €2,303 | +€12 | +0.5% |
| Trade receivables | 40 | €2,292 | €2,303 | +€12 | +0.5% |
| Cash at bank and in hand | 54/58 | €14,092 | €29,375 | +€15,283 | +108% |
| Deferred charges and accrued income | 490/1 | €363 | €268 | -€94 | -26.0% |
| Total equity and liabilities | 10/49 | €63,886 | €157,942 | +€94,055 | +147% |
| Equity | 10/15 | €40,466 | €64,656 | +€24,190 | +59.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,466 | €62,656 | +€24,190 | +62.9% |
| Distributable reserves | 133 | €38,466 | €62,656 | +€24,190 | +62.9% |
| Amounts payable | 17/49 | €23,420 | €93,286 | +€69,865 | +298% |
| Amounts payable after more than one year | 17 | €3,524 | €52,798 | +€49,274 | +1,398% |
| Financial debts | 170/4 | €3,524 | €52,798 | +€49,274 | +1,398% |
| Amounts payable within one year | 42/48 | €19,896 | €40,487 | +€20,591 | +103% |
| Current portion of amounts payable after more than one year | 42 | €741 | €15,688 | +€14,947 | +2,016% |
| Trade debts | 44 | €1,618 | €2,421 | +€803 | +49.6% |
| Suppliers | 440/4 | €1,618 | €2,421 | +€803 | +49.6% |
| Taxes, remuneration and social security | 45 | €16,553 | €16,030 | -€523 | -3.2% |
| Taxes | 450/3 | €16,553 | €15,220 | -€1,333 | -8.1% |
| Remuneration and social security | 454/9 | - | €810 | +€810 | |
| Other amounts payable | 47/48 | €984 | €6,348 | +€5,365 | +545% |
| Remuneration, social security and pensions | 62 | €13,482 | €15,250 | +€1,768 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,973 | €21,722 | +€15,749 | +264% |
| Other operating charges | 640/8 | €2,300 | €2,007 | -€293 | -12.7% |
| Gross operating margin | 9900 | €41,248 | €72,368 | +€31,120 | +75.4% |
| Operating profit (loss) | 9901 | €19,493 | €33,389 | +€13,896 | +71.3% |
| Financial income | 75/76B | €492 | €8 | -€484 | -98.5% |
| Recurring financial income | 75 | €492 | €8 | -€484 | -98.5% |
| Financial charges | 65/66B | €664 | €2,949 | +€2,285 | +344% |
| Recurring financial charges | 65 | €664 | €2,949 | +€2,285 | +344% |
| Profit (loss) for the period before taxes | 9903 | €19,321 | €30,448 | +€11,127 | +57.6% |
| Income taxes | 67/77 | €4,015 | €6,258 | +€2,243 | +55.9% |
| Profit (loss) for the period | 9904 | €15,306 | €24,190 | +€8,884 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,306 | €24,190 | +€8,884 | +58.0% |
Next steps
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.