VERONIMMO: 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.
VERONIMMO
Largest movements
- Cash +€157,125
up €157,125 (+576%), from €27,283 to €184,408
mainly Net result for the year (+€76,793) and Receivables within one year (+€51,187)
- Receivables within one year -€51,187
down €51,187 (-22.5%), from €227,784 to €176,598
of which Other amounts receivable: -€49,372
- Tangible fixed assets -€36,175
down €36,175 (-6.9%), from €523,319 to €487,144
of which Land and buildings: -€30,563
- Reserves +€33,734
up €33,734 (+8.0%), from €419,873 to €453,607
- Other debts +€30,344
up €30,344 (+13.6%), from €222,413 to €252,756
- Tax, wage and social debts +€16,318
up €16,318 (+152%), from €10,722 to €27,040
of which Taxes: +€16,318
- Debts after one year -€11,932
down €11,932 (-12.0%), from €99,806 to €87,873
- Gross operating margin +€96,403
up €96,403 (+134%), from €72,077 to €168,481
- Taxes +€25,076
up €25,076 (+372%), from €6,747 to €31,823
- Financial charges +€2,777
up €2,777 (+14.7%), from €18,892 to €21,669
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 | €797,099 | €858,658 | +€61,559 | +7.7% |
| Fixed assets | 21/28 | €523,319 | €487,144 | -€36,175 | -6.9% |
| Tangible fixed assets | 22/27 | €523,319 | €487,144 | -€36,175 | -6.9% |
| Land and buildings | 22 | €486,135 | €455,573 | -€30,563 | -6.3% |
| Plant, machinery and equipment | 23 | €34,133 | €30,273 | -€3,860 | -11.3% |
| Furniture and vehicles | 24 | €3,050 | €1,298 | -€1,752 | -57.4% |
| Current assets | 29/58 | €273,780 | €371,514 | +€97,734 | +35.7% |
| Amounts receivable within one year | 40/41 | €227,784 | €176,598 | -€51,187 | -22.5% |
| Trade receivables | 40 | €170,159 | €168,344 | -€1,814 | -1.1% |
| Other amounts receivable | 41 | €57,626 | €8,253 | -€49,372 | -85.7% |
| Cash at bank and in hand | 54/58 | €27,283 | €184,408 | +€157,125 | +576% |
| Deferred charges and accrued income | 490/1 | €18,713 | €10,508 | -€8,205 | -43.8% |
| Total equity and liabilities | 10/49 | €797,099 | €858,658 | +€61,559 | +7.7% |
| Equity | 10/15 | €438,473 | €472,207 | +€33,734 | +7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €419,873 | €453,607 | +€33,734 | +8.0% |
| Distributable reserves | 133 | €419,873 | €453,607 | +€33,734 | +8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €358,626 | €386,450 | +€27,824 | +7.8% |
| Amounts payable after more than one year | 17 | €99,806 | €87,873 | -€11,932 | -12.0% |
| Financial debts | 170/4 | €99,806 | €87,873 | -€11,932 | -12.0% |
| Amounts payable within one year | 42/48 | €258,158 | €297,865 | +€39,707 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €11,709 | €11,932 | +€224 | +1.9% |
| Financial debts | 43 | €5,071 | €5,048 | -€23 | -0.5% |
| Other loans | 439 | €5,071 | €5,048 | -€23 | -0.5% |
| Trade debts | 44 | €8,244 | €1,088 | -€7,156 | -86.8% |
| Suppliers | 440/4 | €8,244 | €1,088 | -€7,156 | -86.8% |
| Taxes, remuneration and social security | 45 | €10,722 | €27,040 | +€16,318 | +152% |
| Taxes | 450/3 | €9,522 | €25,840 | +€16,318 | +171% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €222,413 | €252,756 | +€30,344 | +13.6% |
| Accrued charges and deferred income | 492/3 | €662 | €712 | +€50 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,660 | €36,175 | +€1,516 | +4.4% |
| Other operating charges | 640/8 | €3,043 | €2,649 | -€394 | -13.0% |
| Gross operating margin | 9900 | €72,077 | €168,481 | +€96,403 | +134% |
| Operating profit (loss) | 9901 | €34,374 | €129,656 | +€95,282 | +277% |
| Financial income | 75/76B | €0 | €628 | +€628 | +174,472% |
| Recurring financial income | 75 | €0 | €628 | +€628 | +174,472% |
| Financial charges | 65/66B | €18,892 | €21,669 | +€2,777 | +14.7% |
| Recurring financial charges | 65 | €18,892 | €21,669 | +€2,777 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €15,482 | €108,616 | +€93,133 | +602% |
| Income taxes | 67/77 | €6,747 | €31,823 | +€25,076 | +372% |
| Profit (loss) for the period | 9904 | €8,736 | €76,793 | +€68,057 | +779% |
| Profit (loss) for the period to be appropriated | 9905 | €8,736 | €76,793 | +€68,057 | +779% |
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 15 October 2026 via checked.be.