Vermijl & partners: what changed
Two financial 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.
Vermijl & partners
Largest movements
- Tangible fixed assets -€10,939
down €10,939 (-15.4%), from €71,179 to €60,240
of which Land and buildings: -€8,360
- Receivables within one year +€5,616
up €5,616 (+17.7%), from €31,672 to €37,288
of which Trade receivables: +€5,488
- Debts after one year -€11,801
down €11,801 (-43.4%), from €27,217 to €15,415
- Reserves +€8,474
new in 2025: €8,474
- Tax, wage and social debts -€3,952
down €3,952 (-26.4%), from €14,960 to €11,008
of which Taxes: -€2,564
- Profit (loss) carried forward +€3,009
no longer reported in 2025 (was -€3,009)
- Other debts -€2,197
down €2,197 (-4.8%), from €45,981 to €43,784
- Gross operating margin +€20,717
up €20,717 (+139%), from €14,898 to €35,615
- Taxes +€5,988
up €5,988 (+280%), from €2,140 to €8,128
- Depreciation +€539
up €539 (+5.2%), from €10,400 to €10,939
- Financial charges -€491
down €491 (-10.4%), from €4,703 to €4,212
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.
Derived cash bridge
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 | €106,808 | €101,739 | -€5,069 | -4.7% |
| Fixed assets | 21/28 | €73,179 | €62,240 | -€10,939 | -14.9% |
| Tangible fixed assets | 22/27 | €71,179 | €60,240 | -€10,939 | -15.4% |
| Land and buildings | 22 | €65,913 | €57,552 | -€8,360 | -12.7% |
| Furniture and vehicles | 24 | €5,266 | €2,688 | -€2,578 | -49.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €33,629 | €39,498 | +€5,870 | +17.5% |
| Amounts receivable within one year | 40/41 | €31,672 | €37,288 | +€5,616 | +17.7% |
| Trade receivables | 40 | €16,262 | €21,750 | +€5,488 | +33.7% |
| Other amounts receivable | 41 | €15,410 | €15,539 | +€128 | +0.8% |
| Cash at bank and in hand | 54/58 | €527 | €249 | -€278 | -52.7% |
| Deferred charges and accrued income | 490/1 | €1,430 | €1,961 | +€531 | +37.1% |
| Total equity and liabilities | 10/49 | €106,808 | €101,739 | -€5,069 | -4.7% |
| Equity | 10/15 | €3,191 | €14,674 | +€11,484 | +360% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €8,474 | +€8,474 | |
| Distributable reserves | 133 | - | €8,474 | +€8,474 | |
| Profit (loss) carried forward | 14 | -€3,009 | - | +€3,009 | |
| Amounts payable | 17/49 | €103,617 | €87,064 | -€16,553 | -16.0% |
| Amounts payable after more than one year | 17 | €27,217 | €15,415 | -€11,801 | -43.4% |
| Financial debts | 170/4 | €27,217 | €15,415 | -€11,801 | -43.4% |
| Amounts payable within one year | 42/48 | €76,400 | €71,649 | -€4,751 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €11,250 | €11,664 | +€415 | +3.7% |
| Trade debts | 44 | €4,209 | €5,192 | +€983 | +23.3% |
| Suppliers | 440/4 | €4,209 | €5,192 | +€983 | +23.3% |
| Taxes, remuneration and social security | 45 | €14,960 | €11,008 | -€3,952 | -26.4% |
| Taxes | 450/3 | €13,572 | €11,008 | -€2,564 | -18.9% |
| Remuneration and social security | 454/9 | €1,388 | - | -€1,388 | |
| Other amounts payable | 47/48 | €45,981 | €43,784 | -€2,197 | -4.8% |
| Non-recurring operating income | 76A | - | €11,917 | +€11,917 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,400 | €10,939 | +€539 | +5.2% |
| Other operating charges | 640/8 | €693 | €852 | +€159 | +22.9% |
| Gross operating margin | 9900 | €14,898 | €35,615 | +€20,717 | +139% |
| Operating profit (loss) | 9901 | €3,805 | €23,824 | +€20,019 | +526% |
| Financial income | 75/76B | €29 | €0 | -€29 | -98.7% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -98.7% |
| Financial charges | 65/66B | €4,703 | €4,212 | -€491 | -10.4% |
| Recurring financial charges | 65 | €4,703 | €4,212 | -€491 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€869 | €19,612 | +€20,481 | |
| Income taxes | 67/77 | €2,140 | €8,128 | +€5,988 | +280% |
| Profit (loss) for the period | 9904 | -€3,009 | €11,484 | +€14,493 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,009 | €11,484 | +€14,493 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.