VERMIEK: what changed
Two fiscal 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.
VERMIEK
Largest movements
- Cash +€69,060
up €69,060 (+46.9%), from €147,282 to €216,342
mainly Net result for the year (+€35,353) and Tax, wage and social debts (+€14,946)
- Tangible fixed assets -€20,328
down €20,328 (-7.2%), from €283,083 to €262,755
- Reserves +€35,353
up €35,353 (+13.3%), from €265,863 to €301,216
of which Distributable reserves: +€41,058
- Tax, wage and social debts +€14,946
up €14,946 (+627.2%), from €2,383 to €17,329
- Financial income +€49,403
new in 2025: €49,403
of which Financial income: +€49,403
- Taxes +€12,564
up €12,564 (+527.5%), from €2,382 to €14,946
- Gross operating margin -€2,355
down €2,355 (-18.9%), from €12,441 to €10,086
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €430,542 | €479,281 | +€48,739 | +11.3% |
| Fixed assets | 21/28 | €283,083 | €262,755 | -€20,328 | -7.2% |
| Tangible fixed assets | 22/27 | €283,083 | €262,755 | -€20,328 | -7.2% |
| Land and buildings | 22 | €283,083 | €262,755 | -€20,328 | -7.2% |
| Current assets | 29/58 | €147,459 | €216,526 | +€69,067 | +46.8% |
| Cash at bank and in hand | 54/58 | €147,282 | €216,342 | +€69,060 | +46.9% |
| Deferred charges and accrued income | 490/1 | €177 | €184 | +€7 | +4.0% |
| Total equity and liabilities | 10/49 | €430,542 | €479,281 | +€48,739 | +11.3% |
| Equity | 10/15 | €345,713 | €381,066 | +€35,353 | +10.2% |
| Contributions | 10/11 | €79,850 | €79,850 | = | 0.0% |
| Capital | 10 | €79,850 | €79,850 | = | 0.0% |
| Issued capital | 100 | €79,850 | €79,850 | = | 0.0% |
| Outside capital | 11 | - | €0 | = | |
| Reserves | 13 | €265,863 | €301,216 | +€35,353 | +13.3% |
| Non-distributable reserves | 130/1 | €7,985 | €7,985 | = | 0.0% |
| Legal reserve | 130 | €7,985 | €7,985 | = | 0.0% |
| Tax-exempt reserves | 132 | €159,752 | €154,047 | -€5,705 | -3.6% |
| Distributable reserves | 133 | €98,126 | €139,184 | +€41,058 | +41.8% |
| Provisions and deferred taxes | 16 | €70,451 | €67,935 | -€2,516 | -3.6% |
| Deferred taxes | 168 | €70,451 | €67,935 | -€2,516 | -3.6% |
| Amounts payable | 17/49 | €14,378 | €30,280 | +€15,902 | +110.6% |
| Amounts payable within one year | 42/48 | €14,378 | €30,280 | +€15,902 | +110.6% |
| Taxes, remuneration and social security | 45 | €2,383 | €17,329 | +€14,946 | +627.2% |
| Taxes | 450/3 | €2,383 | €17,329 | +€14,946 | +627.2% |
| Other amounts payable | 47/48 | €11,995 | €12,951 | +€956 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,730 | €9,730 | = | 0.0% |
| Other operating charges | 640/8 | €1,691 | €1,740 | +€49 | +2.9% |
| Gross operating margin | 9900 | €12,441 | €10,086 | -€2,355 | -18.9% |
| Operating profit (loss) | 9901 | €1,020 | -€1,384 | -€2,404 | |
| Financial income | 75/76B | - | €49,403 | +€49,403 | |
| Recurring financial income | 75 | - | €49,403 | +€49,403 | |
| Non-recurring financial income | 76B | - | €49,403 | +€49,403 | |
| Financial charges | 65/66B | €313 | €236 | -€77 | -24.6% |
| Recurring financial charges | 65 | €313 | €236 | -€77 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €707 | €47,783 | +€47,076 | +6658.6% |
| Transfer from deferred taxes | 780 | €2,516 | €2,516 | = | 0.0% |
| Income taxes | 67/77 | €2,382 | €14,946 | +€12,564 | +527.5% |
| Profit (loss) for the period | 9904 | €841 | €35,353 | +€34,512 | +4103.7% |
| Transfer from tax-exempt reserves | 789 | €5,705 | €5,705 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,546 | €41,058 | +€34,512 | +527.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.