VERTOMMEN Patrick: 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.
VERTOMMEN Patrick
Largest movements
- Cash +€13,627
up €13,627 (+20.3%), from €67,083 to €80,710
mainly Receivables within one year (+€4,440) and Other debts (+€3,631)
- Receivables within one year -€4,440
down €4,440 (-49.0%), from €9,058 to €4,617
of which Other amounts receivable: -€4,160
- Tangible fixed assets -€4,098
down €4,098 (-31.7%), from €12,910 to €8,812
of which Plant, machinery and equipment: -€2,722
- Other debts +€3,631
up €3,631 (+54.5%), from €6,663 to €10,294
- Tax, wage and social debts +€1,490
new in 2025: €1,490
- Gross operating margin -€34,398
down €34,398 (-78.0%), from €44,089 to €9,691
- Depreciation -€17,862
down €17,862 (-84.6%), from €21,121 to €3,260
- Other operating charges +€3,322
new in 2025: €3,322
- Taxes -€2,406
down €2,406 (-65.5%), from €3,674 to €1,268
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 | €89,050 | €94,139 | +€5,089 | +5.7% |
| Fixed assets | 21/28 | €12,910 | €8,812 | -€4,098 | -31.7% |
| Tangible fixed assets | 22/27 | €12,910 | €8,812 | -€4,098 | -31.7% |
| Plant, machinery and equipment | 23 | €9,519 | €6,797 | -€2,722 | -28.6% |
| Other tangible fixed assets | 26 | €3,391 | €2,015 | -€1,376 | -40.6% |
| Current assets | 29/58 | €76,140 | €85,327 | +€9,187 | +12.1% |
| Amounts receivable within one year | 40/41 | €9,058 | €4,617 | -€4,440 | -49.0% |
| Trade receivables | 40 | €4,898 | €4,617 | -€280 | -5.7% |
| Other amounts receivable | 41 | €4,160 | €0 | -€4,160 | -100% |
| Cash at bank and in hand | 54/58 | €67,083 | €80,710 | +€13,627 | +20.3% |
| Total equity and liabilities | 10/49 | €89,050 | €94,139 | +€5,089 | +5.7% |
| Equity | 10/15 | €81,500 | €82,188 | +€688 | +0.8% |
| Reserves | 13 | €81,500 | €82,188 | +€688 | +0.8% |
| Distributable reserves | 133 | €81,500 | €82,188 | +€688 | +0.8% |
| Amounts payable | 17/49 | €7,550 | €11,951 | +€4,401 | +58.3% |
| Amounts payable within one year | 42/48 | €7,550 | €11,951 | +€4,401 | +58.3% |
| Trade debts | 44 | €887 | €167 | -€720 | -81.2% |
| Suppliers | 440/4 | €887 | €167 | -€720 | -81.2% |
| Taxes, remuneration and social security | 45 | - | €1,490 | +€1,490 | |
| Taxes | 450/3 | - | €1,490 | +€1,490 | |
| Other amounts payable | 47/48 | €6,663 | €10,294 | +€3,631 | +54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,121 | €3,260 | -€17,862 | -84.6% |
| Other operating charges | 640/8 | - | €3,322 | +€3,322 | |
| Non-recurring operating charges | 66A | €12,382 | €838 | -€11,543 | -93.2% |
| Gross operating margin | 9900 | €44,089 | €9,691 | -€34,398 | -78.0% |
| Operating profit (loss) | 9901 | €10,586 | €2,272 | -€8,314 | -78.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €74 | €317 | +€243 | +328% |
| Recurring financial charges | 65 | €74 | €317 | +€243 | +328% |
| Profit (loss) for the period before taxes | 9903 | €10,512 | €1,955 | -€8,557 | -81.4% |
| Income taxes | 67/77 | €3,674 | €1,268 | -€2,406 | -65.5% |
| Profit (loss) for the period | 9904 | €6,839 | €688 | -€6,151 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,839 | €688 | -€6,151 | -89.9% |
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 25 October 2026 via checked.be.