VERMUNICHT: 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.
VERMUNICHT
Largest movements
- Stocks and contracts +€24,617
up €24,617 (+18.6%), from €132,109 to €156,725
- Cash +€21,411
up €21,411 (+8.1%), from €263,478 to €284,889
mainly Net result for the year (+€69,679) and Trade debts (+€39,243)
- Deferred charges and accrued income +€19,455
up €19,455 (+280.1%), from €6,946 to €26,402
- Receivables within one year +€18,541
up €18,541 (+20.4%), from €90,920 to €109,461
of which Trade receivables: +€16,901
- Profit (loss) carried forward +€69,679
up €69,679 (+25.1%), from €277,093 to €346,772
- Trade debts +€39,243
up €39,243 (+46.4%), from €84,548 to €123,791
- Other debts -€32,448
down €32,448 (-59.5%), from €54,521 to €22,073
- Gross operating margin +€39,627
up €39,627 (+36.8%), from €107,629 to €147,256
- Staff costs +€6,988
up €6,988 (+22.0%), from €31,757 to €38,745
- Financial income -€4,366
down €4,366 (-98.7%), from €4,422 to €57
- Taxes +€3,258
up €3,258 (+15.6%), from €20,897 to €24,155
- Depreciation +€1,860
up €1,860 (+17.6%), from €10,595 to €12,455
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €524,078 | €602,591 | +€78,513 | +15.0% |
| Fixed assets | 21/28 | €30,624 | €25,114 | -€5,510 | -18.0% |
| Tangible fixed assets | 22/27 | €30,624 | €25,114 | -€5,510 | -18.0% |
| Plant, machinery and equipment | 23 | €20,115 | €16,961 | -€3,154 | -15.7% |
| Furniture and vehicles | 24 | €10,509 | €8,153 | -€2,356 | -22.4% |
| Current assets | 29/58 | €493,453 | €577,477 | +€84,024 | +17.0% |
| Stocks and contracts in progress | 3 | €132,109 | €156,725 | +€24,617 | +18.6% |
| Stocks | 30/36 | €132,109 | €156,725 | +€24,617 | +18.6% |
| Amounts receivable within one year | 40/41 | €90,920 | €109,461 | +€18,541 | +20.4% |
| Trade receivables | 40 | €82,906 | €99,807 | +€16,901 | +20.4% |
| Other amounts receivable | 41 | €8,015 | €9,654 | +€1,640 | +20.5% |
| Cash at bank and in hand | 54/58 | €263,478 | €284,889 | +€21,411 | +8.1% |
| Deferred charges and accrued income | 490/1 | €6,946 | €26,402 | +€19,455 | +280.1% |
| Total equity and liabilities | 10/49 | €524,078 | €602,591 | +€78,513 | +15.0% |
| Equity | 10/15 | €385,009 | €454,688 | +€69,679 | +18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,716 | €101,716 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €99,856 | €101,716 | +€1,860 | +1.9% |
| Profit (loss) carried forward | 14 | €277,093 | €346,772 | +€69,679 | +25.1% |
| Amounts payable | 17/49 | €139,069 | €147,903 | +€8,834 | +6.4% |
| Amounts payable within one year | 42/48 | €139,069 | €147,903 | +€8,834 | +6.4% |
| Trade debts | 44 | €84,548 | €123,791 | +€39,243 | +46.4% |
| Suppliers | 440/4 | €84,548 | €123,791 | +€39,243 | +46.4% |
| Taxes, remuneration and social security | 45 | - | €2,039 | +€2,039 | |
| Remuneration and social security | 454/9 | - | €2,039 | +€2,039 | |
| Other amounts payable | 47/48 | €54,521 | €22,073 | -€32,448 | -59.5% |
| Remuneration, social security and pensions | 62 | €31,757 | €38,745 | +€6,988 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,595 | €12,455 | +€1,860 | +17.6% |
| Other operating charges | 640/8 | €1,127 | €1,095 | -€32 | -2.8% |
| Gross operating margin | 9900 | €107,629 | €147,256 | +€39,627 | +36.8% |
| Operating profit (loss) | 9901 | €64,150 | €94,960 | +€30,811 | +48.0% |
| Financial income | 75/76B | €4,422 | €57 | -€4,366 | -98.7% |
| Recurring financial income | 75 | €4,422 | €57 | -€4,366 | -98.7% |
| Financial charges | 65/66B | €1,212 | €1,183 | -€29 | -2.4% |
| Recurring financial charges | 65 | €1,212 | €1,183 | -€29 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €67,360 | €93,834 | +€26,474 | +39.3% |
| Income taxes | 67/77 | €20,897 | €24,155 | +€3,258 | +15.6% |
| Profit (loss) for the period | 9904 | €46,463 | €69,679 | +€23,216 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,463 | €69,679 | +€23,216 | +50.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.