VERMONDEN EDDY: 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.
VERMONDEN EDDY
Largest movements
- Cash -€113,611
down €113,611 (-32.0%), from €354,802 to €241,192
mainly Contributions, distributions and other (-€200,000) and Receivables within one year (-€4,970)
- Tangible fixed assets -€89,058
down €89,058 (-80.6%), from €110,457 to €21,399
of which Land and buildings: -€75,430
- Receivables within one year +€4,970
up €4,970 (+221%), from €2,246 to €7,216
of which Other amounts receivable: +€4,307
- Profit (loss) carried forward -€154,498
no longer reported in 2025 (was €154,498)
- Reserves -€43,286
down €43,286 (-44.4%), from €97,461 to €54,176
of which Distributable reserves: -€43,286
- Financial income +€39,224
up €39,224 (+1,327%), from €2,955 to €42,179
of which Non-recurring financial income: +€41,214
- Gross operating margin -€19,131
down €19,131 (-454%), from -€4,212 to -€23,344
- Depreciation -€3,292
down €3,292 (-19.1%), from €17,200 to €13,908
- Other operating charges -€985
down €985 (-33.8%), from €2,914 to €1,929
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 | €471,217 | €272,963 | -€198,254 | -42.1% |
| Fixed assets | 21/28 | €111,287 | €22,229 | -€89,058 | -80.0% |
| Tangible fixed assets | 22/27 | €110,457 | €21,399 | -€89,058 | -80.6% |
| Land and buildings | 22 | €80,655 | €5,225 | -€75,430 | -93.5% |
| Furniture and vehicles | 24 | €29,802 | €16,174 | -€13,628 | -45.7% |
| Financial fixed assets | 28 | €830 | €830 | = | 0.0% |
| Current assets | 29/58 | €359,929 | €250,734 | -€109,196 | -30.3% |
| Amounts receivable within one year | 40/41 | €2,246 | €7,216 | +€4,970 | +221% |
| Trade receivables | 40 | €207 | €870 | +€664 | +321% |
| Other amounts receivable | 41 | €2,039 | €6,346 | +€4,307 | +211% |
| Cash at bank and in hand | 54/58 | €354,802 | €241,192 | -€113,611 | -32.0% |
| Deferred charges and accrued income | 490/1 | €2,881 | €2,326 | -€555 | -19.3% |
| Total equity and liabilities | 10/49 | €471,217 | €272,963 | -€198,254 | -42.1% |
| Equity | 10/15 | €270,559 | €72,776 | -€197,783 | -73.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,461 | €54,176 | -€43,286 | -44.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €95,601 | €52,316 | -€43,286 | -45.3% |
| Profit (loss) carried forward | 14 | €154,498 | - | -€154,498 | |
| Amounts payable | 17/49 | €200,658 | €200,187 | -€470 | -0.2% |
| Amounts payable within one year | 42/48 | €200,658 | €200,187 | -€470 | -0.2% |
| Trade debts | 44 | €157 | €63 | -€94 | -59.8% |
| Suppliers | 440/4 | €157 | €63 | -€94 | -59.8% |
| Taxes, remuneration and social security | 45 | - | €124 | +€124 | |
| Taxes | 450/3 | - | €124 | +€124 | |
| Other amounts payable | 47/48 | €200,501 | €200,000 | -€501 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,200 | €13,908 | -€3,292 | -19.1% |
| Other operating charges | 640/8 | €2,914 | €1,929 | -€985 | -33.8% |
| Gross operating margin | 9900 | -€4,212 | -€23,344 | -€19,131 | -454% |
| Operating profit (loss) | 9901 | -€24,327 | -€39,181 | -€14,854 | -61.1% |
| Financial income | 75/76B | €2,955 | €42,179 | +€39,224 | +1,327% |
| Recurring financial income | 75 | €2,955 | €965 | -€1,990 | -67.3% |
| Non-recurring financial income | 76B | - | €41,214 | +€41,214 | |
| Financial charges | 65/66B | €561 | €726 | +€165 | +29.4% |
| Recurring financial charges | 65 | €561 | €726 | +€165 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,933 | €2,272 | +€24,205 | |
| Income taxes | 67/77 | €127 | €56 | -€71 | -56.2% |
| Profit (loss) for the period | 9904 | -€22,060 | €2,217 | +€24,277 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,060 | €2,217 | +€24,277 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.