VERROM: 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.
VERROM
Largest movements
- Receivables within one year +€18,063
up €18,063 (+8.3%), from €216,425 to €234,488
of which Other amounts receivable: +€15,009
- Tangible fixed assets -€5,776
down €5,776 (-17.9%), from €32,312 to €26,536
- Stocks and contracts +€3,101
up €3,101 (+16.8%), from €18,416 to €21,517
- Profit (loss) carried forward -€114,325
down €114,325 (-374.4%), from -€30,539 to -€144,864
- Trade debts +€82,899
up €82,899 (+68.0%), from €121,986 to €204,885
- Current portion of long-term debt +€24,575
up €24,575 (+155.5%), from €15,807 to €40,382
- Debts after one year +€9,656
up €9,656 (+24.3%), from €39,675 to €49,331
- Short-term financial debts +€5,482
up €5,482 (+12.9%), from €42,426 to €47,908
- Staff costs +€60,842
up €60,842 (+23.8%), from €255,836 to €316,678
- Gross operating margin -€58,599
down €58,599 (-19.2%), from €305,168 to €246,569
- Taxes -€9,273
down €9,273, from €9,176 to -€97
- Financial charges +€4,979
up €4,979 (+31.4%), from €15,877 to €20,856
- Other operating charges +€3,627
up €3,627 (+25.8%), from €14,081 to €17,708
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €270,015 | €283,782 | +€13,767 | +5.1% |
| Fixed assets | 21/28 | €33,553 | €27,777 | -€5,776 | -17.2% |
| Tangible fixed assets | 22/27 | €32,312 | €26,536 | -€5,776 | -17.9% |
| Plant, machinery and equipment | 23 | €2,919 | €2,588 | -€331 | -11.3% |
| Furniture and vehicles | 24 | €7,955 | €5,211 | -€2,745 | -34.5% |
| Other tangible fixed assets | 26 | €21,438 | €18,738 | -€2,701 | -12.6% |
| Financial fixed assets | 28 | €1,241 | €1,241 | = | 0.0% |
| Current assets | 29/58 | €236,462 | €256,005 | +€19,543 | +8.3% |
| Stocks and contracts in progress | 3 | €18,416 | €21,517 | +€3,101 | +16.8% |
| Stocks | 30/36 | €18,416 | €21,517 | +€3,101 | +16.8% |
| Amounts receivable within one year | 40/41 | €216,425 | €234,488 | +€18,063 | +8.3% |
| Trade receivables | 40 | - | €3,054 | +€3,054 | |
| Other amounts receivable | 41 | €216,425 | €231,434 | +€15,009 | +6.9% |
| Deferred charges and accrued income | 490/1 | €1,621 | - | -€1,621 | |
| Total equity and liabilities | 10/49 | €270,015 | €283,782 | +€13,767 | +5.1% |
| Equity | 10/15 | -€10,088 | -€124,413 | -€114,325 | -1133.3% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Capital | 10 | - | €18,592 | +€18,592 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€30,539 | -€144,864 | -€114,325 | -374.4% |
| Amounts payable | 17/49 | €280,103 | €408,195 | +€128,092 | +45.7% |
| Amounts payable after more than one year | 17 | €39,675 | €49,331 | +€9,656 | +24.3% |
| Financial debts | 170/4 | €39,675 | €49,331 | +€9,656 | +24.3% |
| Amounts payable within one year | 42/48 | €240,428 | €358,864 | +€118,436 | +49.3% |
| Current portion of amounts payable after more than one year | 42 | €15,807 | €40,382 | +€24,575 | +155.5% |
| Financial debts | 43 | €42,426 | €47,908 | +€5,482 | +12.9% |
| Credit institutions | 430/8 | €42,426 | €47,908 | +€5,482 | +12.9% |
| Trade debts | 44 | €121,986 | €204,885 | +€82,899 | +68.0% |
| Suppliers | 440/4 | €121,986 | €204,885 | +€82,899 | +68.0% |
| Taxes, remuneration and social security | 45 | €60,210 | €65,689 | +€5,479 | +9.1% |
| Taxes | 450/3 | €53,926 | €65,689 | +€11,763 | +21.8% |
| Remuneration and social security | 454/9 | €6,284 | - | -€6,284 | |
| Non-recurring operating income | 76A | €10,896 | €4,118 | -€6,778 | -62.2% |
| Remuneration, social security and pensions | 62 | €255,836 | €316,678 | +€60,842 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,106 | €4,776 | -€330 | -6.5% |
| Other operating charges | 640/8 | €14,081 | €17,708 | +€3,627 | +25.8% |
| Non-recurring operating charges | 66A | €1 | €1,006 | +€1,005 | +100500.0% |
| Gross operating margin | 9900 | €305,168 | €246,569 | -€58,599 | -19.2% |
| Operating profit (loss) | 9901 | €30,144 | -€93,599 | -€123,743 | |
| Financial income | 75/76B | €19 | €33 | +€14 | +74.7% |
| Recurring financial income | 75 | €19 | €33 | +€14 | +74.7% |
| Financial charges | 65/66B | €15,877 | €20,856 | +€4,979 | +31.4% |
| Recurring financial charges | 65 | €15,877 | €20,856 | +€4,979 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €14,285 | -€114,422 | -€128,707 | |
| Income taxes | 67/77 | €9,176 | -€97 | -€9,273 | |
| Profit (loss) for the period | 9904 | €5,109 | -€114,325 | -€119,434 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,109 | -€114,325 | -€119,434 |
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 3 October 2026 via checked.be.