VERTOMMEN TECHNOLOGY CONSTRUCTIONS: 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 TECHNOLOGY CONSTRUCTIONS
Largest movements
- Receivables within one year -€104,426
down €104,426 (-26.8%), from €389,948 to €285,522
of which Other amounts receivable: -€107,207
- Tangible fixed assets -€61,744
down €61,744 (-6.8%), from €913,136 to €851,391
- Trade debts -€138,342
down €138,342 (-95.7%), from €144,517 to €6,174
- Other debts +€45,325
up €45,325 (+16.2%), from €279,742 to €325,067
- Profit (loss) carried forward -€33,292
down €33,292 (-70.2%), from €47,436 to €14,145
- Current portion of long-term debt -€28,505
down €28,505 (-82.4%), from €34,575 to €6,069
- Gross operating margin -€16,836
down €16,836, from €16,591 to -€245
- Financial charges -€8,988
no longer reported in 2024 (was €8,988)
- Depreciation +€5,445
up €5,445 (+19.3%), from €28,150 to €33,595
- Other operating charges +€885
up €885 (+204%), from €434 to €1,320
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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,308,509 | €1,142,489 | -€166,021 | -12.7% |
| Fixed assets | 21/28 | €913,136 | €851,391 | -€61,744 | -6.8% |
| Tangible fixed assets | 22/27 | €913,136 | €851,391 | -€61,744 | -6.8% |
| Land and buildings | 22 | €913,136 | €851,391 | -€61,744 | -6.8% |
| Current assets | 29/58 | €395,374 | €291,097 | -€104,276 | -26.4% |
| Amounts receivable within one year | 40/41 | €389,948 | €285,522 | -€104,426 | -26.8% |
| Trade receivables | 40 | €0 | €2,782 | +€2,782 | |
| Other amounts receivable | 41 | €389,948 | €282,740 | -€107,207 | -27.5% |
| Cash at bank and in hand | 54/58 | €5,426 | €5,575 | +€149 | +2.8% |
| Total equity and liabilities | 10/49 | €1,308,509 | €1,142,489 | -€166,021 | -12.7% |
| Equity | 10/15 | €424,872 | €390,265 | -€34,607 | -8.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €327,435 | €326,120 | -€1,315 | -0.4% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Other | 1319 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,800 | €37,484 | -€1,315 | -3.4% |
| Distributable reserves | 133 | €283,636 | €283,636 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,436 | €14,145 | -€33,292 | -70.2% |
| Provisions and deferred taxes | 16 | €16,298 | €15,745 | -€552 | -3.4% |
| Deferred taxes | 168 | €16,298 | €15,745 | -€552 | -3.4% |
| Amounts payable | 17/49 | €867,340 | €736,478 | -€130,861 | -15.1% |
| Amounts payable after more than one year | 17 | €397,743 | €397,743 | = | 0.0% |
| Financial debts | 170/4 | €397,743 | €397,743 | = | 0.0% |
| Amounts payable within one year | 42/48 | €469,596 | €338,735 | -€130,861 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €34,575 | €6,069 | -€28,505 | -82.4% |
| Financial debts | 43 | €10,763 | - | -€10,763 | |
| Credit institutions | 430/8 | €10,763 | - | -€10,763 | |
| Trade debts | 44 | €144,517 | €6,174 | -€138,342 | -95.7% |
| Suppliers | 440/4 | €144,517 | €6,174 | -€138,342 | -95.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | - | €1,425 | +€1,425 | |
| Taxes | 450/3 | - | €1,425 | +€1,425 | |
| Other amounts payable | 47/48 | €279,742 | €325,067 | +€45,325 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,150 | €33,595 | +€5,445 | +19.3% |
| Other operating charges | 640/8 | €434 | €1,320 | +€885 | +204% |
| Non-recurring operating charges | 66A | €13,500 | - | -€13,500 | |
| Gross operating margin | 9900 | €16,591 | -€245 | -€16,836 | |
| Operating profit (loss) | 9901 | -€25,493 | -€35,159 | -€9,666 | -37.9% |
| Financial charges | 65/66B | €8,988 | - | -€8,988 | |
| Recurring financial charges | 65 | €8,988 | - | -€8,988 | |
| Profit (loss) for the period before taxes | 9903 | -€34,481 | -€35,159 | -€679 | -2.0% |
| Transfer from deferred taxes | 780 | €552 | €552 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€33,928 | -€34,607 | -€679 | -2.0% |
| Transfer from tax-exempt reserves | 789 | €1,315 | €1,315 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,613 | -€33,292 | -€679 | -2.1% |
Source: filed annual accounts (NBB), financial years ended 30 November 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.