VERMOORTELE: 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.
VERMOORTELE
Largest movements
- Cash -€28,939
down €28,939 (-57.1%), from €50,704 to €21,765
mainly Provisions (-€900,000) and Current portion of long-term debt (-€10,285)
- Receivables within one year -€19,140
down €19,140 (-1.8%), from €1.1m to €1.0m
- Provisions -€900,000
no longer reported in 2025 (was €900,000)
of which Provisions for liabilities and charges: -€675,000
- Profit (loss) carried forward +€648,838
up €648,838 (+500%), from €129,872 to €778,710
- Tax, wage and social debts +€218,000
new in 2025: €218,000
- Financial income -€900,001
no longer reported in 2025 (was €900,001)
of which Non-recurring financial income: -€900,000
- Taxes +€220,266
up €220,266 (+14,558%), from €1,513 to €221,779
- Gross operating margin -€44,258
down €44,258, from €15,371 to -€28,887
- Other operating charges -€752
down €752 (-67.3%), from €1,117 to €365
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 | €1,111,094 | €1,063,015 | -€48,079 | -4.3% |
| Current assets | 29/58 | €1,111,094 | €1,063,015 | -€48,079 | -4.3% |
| Amounts receivable within one year | 40/41 | €1,060,390 | €1,041,250 | -€19,140 | -1.8% |
| Other amounts receivable | 41 | €1,060,390 | €1,041,250 | -€19,140 | -1.8% |
| Cash at bank and in hand | 54/58 | €50,704 | €21,765 | -€28,939 | -57.1% |
| Total equity and liabilities | 10/49 | €1,111,094 | €1,063,015 | -€48,079 | -4.3% |
| Equity | 10/15 | €196,177 | €845,015 | +€648,838 | +331% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,705 | €47,705 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €45,846 | €45,846 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,872 | €778,710 | +€648,838 | +500% |
| Provisions and deferred taxes | 16 | €900,000 | - | -€900,000 | |
| Provisions for liabilities and charges | 160/5 | €675,000 | - | -€675,000 | |
| Taxes | 161 | €675,000 | - | -€675,000 | |
| Deferred taxes | 168 | €225,000 | - | -€225,000 | |
| Amounts payable | 17/49 | €14,917 | €218,000 | +€203,083 | +1,361% |
| Amounts payable after more than one year | 17 | €3,464 | - | -€3,464 | |
| Financial debts | 170/4 | €3,464 | - | -€3,464 | |
| Amounts payable within one year | 42/48 | €11,453 | €218,000 | +€206,547 | +1,803% |
| Current portion of amounts payable after more than one year | 42 | €10,285 | - | -€10,285 | |
| Trade debts | 44 | €1,168 | - | -€1,168 | |
| Suppliers | 440/4 | €1,168 | - | -€1,168 | |
| Taxes, remuneration and social security | 45 | - | €218,000 | +€218,000 | |
| Taxes | 450/3 | - | €218,000 | +€218,000 | |
| Other operating charges | 640/8 | €1,117 | €365 | -€752 | -67.3% |
| Gross operating margin | 9900 | €15,371 | -€28,887 | -€44,258 | |
| Operating profit (loss) | 9901 | €14,254 | -€29,252 | -€43,506 | |
| Financial income | 75/76B | €900,001 | - | -€900,001 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €900,000 | - | -€900,000 | |
| Financial charges | 65/66B | €350 | €131 | -€219 | -62.6% |
| Recurring financial charges | 65 | €350 | €131 | -€219 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | €913,905 | -€29,383 | -€943,288 | |
| Transfer from deferred taxes | 780 | - | €900,000 | +€900,000 | |
| Transfer to deferred taxes | 680 | €900,000 | - | -€900,000 | |
| Income taxes | 67/77 | €1,513 | €221,779 | +€220,266 | +14,558% |
| Profit (loss) for the period | 9904 | €12,392 | €648,838 | +€636,446 | +5,136% |
| Profit (loss) for the period to be appropriated | 9905 | €12,392 | €648,838 | +€636,446 | +5,136% |
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 30 October 2026 via checked.be.