Vertommen Johan: 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.
Vertommen Johan
Largest movements
- Current investments +€104,000
new in 2025: €104,000
- Cash -€32,843
down €32,843 (-15.4%), from €213,122 to €180,279
mainly Current investments (-€104,000) and Contributions, distributions and other (-€4,000)
- Reserves +€68,407
up €68,407 (+35.4%), from €193,393 to €261,800
- Tax, wage and social debts +€5,199
up €5,199 (+32.8%), from €15,863 to €21,061
- Gross operating margin +€28,554
up €28,554 (+38.8%), from €73,676 to €102,231
- Taxes +€6,038
up €6,038 (+30.0%), from €20,154 to €26,193
- Other operating charges +€1,585
up €1,585 (+412.4%), from €384 to €1,970
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.
Cash bridge derived
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 | €232,387 | €303,172 | +€70,786 | +30.5% |
| Fixed assets | 21/28 | €1,788 | €1,361 | -€428 | -23.9% |
| Tangible fixed assets | 22/27 | €1,788 | €1,361 | -€428 | -23.9% |
| Plant, machinery and equipment | 23 | €1,788 | €1,361 | -€428 | -23.9% |
| Current assets | 29/58 | €230,598 | €301,812 | +€71,213 | +30.9% |
| Amounts receivable within one year | 40/41 | €16,368 | €16,845 | +€477 | +2.9% |
| Trade receivables | 40 | €16,368 | €16,845 | +€477 | +2.9% |
| Current investments | 50/53 | - | €104,000 | +€104,000 | |
| Cash at bank and in hand | 54/58 | €213,122 | €180,279 | -€32,843 | -15.4% |
| Deferred charges and accrued income | 490/1 | €1,109 | €688 | -€421 | -38.0% |
| Total equity and liabilities | 10/49 | €232,387 | €303,172 | +€70,786 | +30.5% |
| Equity | 10/15 | €193,493 | €261,900 | +€68,407 | +35.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €193,393 | €261,800 | +€68,407 | +35.4% |
| Distributable reserves | 133 | €193,393 | €261,800 | +€68,407 | +35.4% |
| Amounts payable | 17/49 | €38,894 | €41,272 | +€2,379 | +6.1% |
| Amounts payable within one year | 42/48 | €35,911 | €40,002 | +€4,091 | +11.4% |
| Taxes, remuneration and social security | 45 | €15,863 | €21,061 | +€5,199 | +32.8% |
| Taxes | 450/3 | €15,863 | €21,061 | +€5,199 | +32.8% |
| Other amounts payable | 47/48 | €20,048 | €18,940 | -€1,108 | -5.5% |
| Accrued charges and deferred income | 492/3 | €2,983 | €1,271 | -€1,712 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239 | €428 | +€189 | +78.9% |
| Other operating charges | 640/8 | €384 | €1,970 | +€1,585 | +412.4% |
| Gross operating margin | 9900 | €73,676 | €102,231 | +€28,554 | +38.8% |
| Operating profit (loss) | 9901 | €73,052 | €99,833 | +€26,780 | +36.7% |
| Financial charges | 65/66B | €1,134 | €1,233 | +€99 | +8.7% |
| Recurring financial charges | 65 | €1,134 | €1,233 | +€99 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €71,918 | €98,600 | +€26,681 | +37.1% |
| Income taxes | 67/77 | €20,154 | €26,193 | +€6,038 | +30.0% |
| Profit (loss) for the period | 9904 | €51,764 | €72,407 | +€20,643 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,764 | €72,407 | +€20,643 | +39.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.