Versmissen: 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.
What changed
Versmissen
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€120,710
2024 · €329,056-€208,346
Equity
€1.6m
2024 · €1.5m+€120,710
Cash
€208,418
2024 · €59,692+€148,726
Balance sheet total
€7.6m
2024 · €6.5m+€1.1m
Largest movements
Assets
- Financial fixed assets +€582,800
up €582,800 (+46.0%), from €1.3m to €1.8m
of which Affiliated companies: +€750,000
- Cash +€148,726
up €148,726 (+249%), from €59,692 to €208,418
mainly Short-term financial debts (+€499,330) and Debts after one year (+€406,605)
- Stocks and contracts +€133,397
up €133,397 (+5.2%), from €2.6m to €2.7m
- Receivables within one year +€107,719
up €107,719 (+23.7%), from €454,066 to €561,785
of which Other amounts receivable: +€67,577
- Tangible fixed assets +€95,275
up €95,275 (+5.1%), from €1.9m to €2.0m
of which Land and buildings: +€775,987
Equity and liabilities
- Short-term financial debts +€499,330
up €499,330 (+53.9%), from €925,670 to €1.4m
- Debts after one year +€406,605
up €406,605 (+12.4%), from €3.3m to €3.7m
- Reserves +€111,887
up €111,887 (+8.0%), from €1.4m to €1.5m
of which Distributable reserves: +€120,000
- Trade debts -€100,700
down €100,700 (-19.3%), from €522,074 to €421,374
- Current portion of long-term debt +€93,137
up €93,137 (+57.6%), from €161,588 to €254,726
Income statement
- Other operating income +€218,202
up €218,202 (+25.7%), from €847,543 to €1.1m
- Services and other goods +€159,761
up €159,761 (+24.9%), from €642,272 to €802,032
- Financial income -€129,614
down €129,614 (-29.0%), from €446,932 to €317,318
of which Non-recurring financial income: -€147,200
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.
Result 2024
€329,056
Staff costs
-€28,975
Depreciation
-€64,534
Other operating charges
-€10,611
Other operating items
+€47,776
Financial income
-€129,614
Financial charges
-€22,275
Taxes
-€114
Result 2025
€120,710
lowers the resultnot broken down further in the accounts
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.
From operations
+€8,038
Investment
-€858,384
Financing
+€999,072
Cash 2024
€59,692
From operations (derived)
+€8,038
Net result for the year
+€120,710
Depreciation
+€174,536
Receivables after one year
+€58,076
Stocks and contracts
-€133,397
Receivables within one year
-€107,719
Deferred charges and accrued income
-€36,681
Provisions
-€2,704
Trade debts
-€100,700
Tax, wage and social debts
+€53,544
Other debts
+€12
Accrued charges and deferred income
-€17,639
Investment (derived)
-€858,384
Investment in fixed assets (net)
-€858,384
Financing
+€999,072
Debts after one year
+€406,605
Current portion of long-term debt
+€93,137
Short-term financial debts
+€499,330
Cash 2025
€208,418
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,527,254 | €7,579,549 | +€1.1m | +16.1% |
| Fixed assets | 21/28 | €3,152,072 | €3,835,920 | +€683,848 | +21.7% |
| Intangible fixed assets | 21 | - | €5,774 | +€5,774 | |
| Tangible fixed assets | 22/27 | €1,885,083 | €1,980,357 | +€95,275 | +5.1% |
| Land and buildings | 22 | €1,032,345 | €1,808,331 | +€775,987 | +75.2% |
| Plant, machinery and equipment | 23 | €94,095 | €61,339 | -€32,756 | -34.8% |
| Furniture and vehicles | 24 | €148,243 | €110,687 | -€37,556 | -25.3% |
| Assets under construction and advance payments | 27 | €610,399 | €0 | -€610,399 | -100% |
| Financial fixed assets | 28 | €1,266,989 | €1,849,789 | +€582,800 | +46.0% |
| Affiliated companies | 280/1 | €999,539 | €1,749,539 | +€750,000 | +75.0% |
| Participating interests | 280 | €999,539 | €1,749,539 | +€750,000 | +75.0% |
| Companies linked by participating interests | 282/3 | €267,200 | €100,000 | -€167,200 | -62.6% |
| Participating interests | 282 | €167,200 | €0 | -€167,200 | -100% |
| Amounts receivable | 283 | €100,000 | €100,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €250 | €250 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €3,375,183 | €3,743,629 | +€368,447 | +10.9% |
| Amounts receivable after more than one year | 29 | €259,246 | €201,169 | -€58,076 | -22.4% |
| Trade receivables | 290 | €259,246 | €201,169 | -€58,076 | -22.4% |
| Stocks and contracts in progress | 3 | €2,566,291 | €2,699,688 | +€133,397 | +5.2% |
| Stocks | 30/36 | €2,566,291 | €2,699,688 | +€133,397 | +5.2% |
| Property held for sale | 35 | €2,566,291 | €2,699,688 | +€133,397 | +5.2% |
| Amounts receivable within one year | 40/41 | €454,066 | €561,785 | +€107,719 | +23.7% |
| Trade receivables | 40 | €206,461 | €246,603 | +€40,142 | +19.4% |
| Other amounts receivable | 41 | €247,606 | €315,183 | +€67,577 | +27.3% |
| Cash at bank and in hand | 54/58 | €59,692 | €208,418 | +€148,726 | +249% |
| Deferred charges and accrued income | 490/1 | €35,887 | €72,569 | +€36,681 | +102% |
| Total equity and liabilities | 10/49 | €6,527,254 | €7,579,549 | +€1.1m | +16.1% |
| Equity | 10/15 | €1,527,628 | €1,648,338 | +€120,710 | +7.9% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €1,398,634 | €1,510,521 | +€111,887 | +8.0% |
| Tax-exempt reserves | 132 | €81,134 | €73,021 | -€8,113 | -10.0% |
| Distributable reserves | 133 | €1,317,500 | €1,437,500 | +€120,000 | +9.1% |
| Profit (loss) carried forward | 14 | €3,993 | €12,817 | +€8,824 | +221% |
| Provisions and deferred taxes | 16 | €27,045 | €24,340 | -€2,704 | -10.0% |
| Deferred taxes | 168 | €27,045 | €24,340 | -€2,704 | -10.0% |
| Amounts payable | 17/49 | €4,972,582 | €5,906,871 | +€934,289 | +18.8% |
| Amounts payable after more than one year | 17 | €3,279,915 | €3,686,520 | +€406,605 | +12.4% |
| Financial debts | 170/4 | €3,279,915 | €3,686,520 | +€406,605 | +12.4% |
| Credit institutions | 173 | €3,279,915 | €3,686,520 | +€406,605 | +12.4% |
| Other loans | 174 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,620,731 | €2,166,055 | +€545,324 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €161,588 | €254,726 | +€93,137 | +57.6% |
| Financial debts | 43 | €925,670 | €1,425,000 | +€499,330 | +53.9% |
| Credit institutions | 430/8 | €925,670 | €1,425,000 | +€499,330 | +53.9% |
| Trade debts | 44 | €522,074 | €421,374 | -€100,700 | -19.3% |
| Suppliers | 440/4 | €522,074 | €421,374 | -€100,700 | -19.3% |
| Taxes, remuneration and social security | 45 | €8,301 | €61,845 | +€53,544 | +645% |
| Taxes | 450/3 | - | €43,777 | +€43,777 | |
| Remuneration and social security | 454/9 | €8,301 | €18,069 | +€9,768 | +118% |
| Other amounts payable | 47/48 | €3,098 | €3,111 | +€12 | +0.4% |
| Accrued charges and deferred income | 492/3 | €71,936 | €54,296 | -€17,639 | -24.5% |
| Operating income | 70/76A | €858,209 | €1,065,746 | +€207,537 | +24.2% |
| Other operating income | 74 | €847,543 | €1,065,746 | +€218,202 | +25.7% |
| Non-recurring operating income | 76A | €10,665 | €0 | -€10,665 | -100% |
| Operating charges | 60/66A | €878,563 | €1,142,443 | +€263,880 | +30.0% |
| Purchases | 600/8 | €2,510,643 | €46,608 | -€2.5m | -98.1% |
| Change in stocks: decrease (increase) | 609 | -€2,510,643 | -€46,608 | +€2.5m | +98.1% |
| Services and other goods | 61 | €642,272 | €802,032 | +€159,761 | +24.9% |
| Remuneration, social security and pensions | 62 | €104,482 | €133,457 | +€28,975 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,001 | €174,536 | +€64,534 | +58.7% |
| Other operating charges | 640/8 | €21,808 | €32,418 | +€10,611 | +48.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | -€20,354 | -€76,697 | -€56,343 | -277% |
| Financial income | 75/76B | €446,932 | €317,318 | -€129,614 | -29.0% |
| Recurring financial income | 75 | €136,932 | €154,518 | +€17,586 | +12.8% |
| Income from financial fixed assets | 750 | €99,976 | €89,931 | -€10,045 | -10.0% |
| Income from current assets | 751 | €36,956 | €64,587 | +€27,631 | +74.8% |
| Non-recurring financial income | 76B | €310,000 | €162,800 | -€147,200 | -47.5% |
| Financial charges | 65/66B | €99,567 | €121,842 | +€22,275 | +22.4% |
| Recurring financial charges | 65 | €99,567 | €121,842 | +€22,275 | +22.4% |
| Debt charges | 650 | €96,754 | €103,189 | +€6,435 | +6.7% |
| Other financial charges | 652/9 | €2,813 | €18,653 | +€15,840 | +563% |
| Profit (loss) for the period before taxes | 9903 | €327,011 | €118,779 | -€208,232 | -63.7% |
| Transfer from deferred taxes | 780 | €2,704 | €2,704 | = | 0.0% |
| Income taxes | 67/77 | €659 | €773 | +€114 | +17.3% |
| Taxes | 670/3 | €659 | €773 | +€114 | +17.3% |
| Profit (loss) for the period | 9904 | €329,056 | €120,710 | -€208,346 | -63.3% |
| Transfer from tax-exempt reserves | 789 | €8,113 | €8,113 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €337,170 | €128,824 | -€208,346 | -61.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.