VERVERS IMMO: 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.
VERVERS IMMO
Largest movements
- Cash +€59,821
up €59,821 (+272.9%), from €21,918 to €81,739
mainly Net result for the year (+€178,514) and Depreciation (+€89,868)
- Tangible fixed assets -€47,534
down €47,534 (-2.3%), from €2.0m to €2.0m
of which Land and buildings: -€27,944
- Receivables within one year +€41,400
up €41,400 (+135.9%), from €30,458 to €71,858
of which Trade receivables: +€41,400
- Reserves +€178,514
up €178,514 (+19.1%), from €934,080 to €1.1m
- Other debts -€103,211
down €103,211 (-63.5%), from €162,658 to €59,447
- Debts after one year -€68,338
down €68,338 (-6.9%), from €986,457 to €918,119
- Tax, wage and social debts +€54,780
up €54,780 (+284.7%), from €19,240 to €74,020
of which Taxes: +€52,180
- Gross operating margin +€100,374
up €100,374 (+35.3%), from €284,073 to €384,447
- Taxes +€34,743
up €34,743 (+80.0%), from €43,418 to €78,161
- Financial charges -€13,289
down €13,289 (-33.1%), from €40,091 to €26,803
- Depreciation +€6,177
up €6,177 (+7.4%), from €83,691 to €89,868
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 | €2,237,329 | €2,286,201 | +€48,871 | +2.2% |
| Fixed assets | 21/28 | €2,042,779 | €1,995,245 | -€47,534 | -2.3% |
| Tangible fixed assets | 22/27 | €2,042,779 | €1,995,245 | -€47,534 | -2.3% |
| Land and buildings | 22 | €1,981,337 | €1,953,393 | -€27,944 | -1.4% |
| Plant, machinery and equipment | 23 | €2,348 | €1,854 | -€495 | -21.1% |
| Furniture and vehicles | 24 | €51,094 | €31,998 | -€19,096 | -37.4% |
| Other tangible fixed assets | 26 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €194,550 | €290,955 | +€96,405 | +49.6% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €63,760 | €60,052 | -€3,708 | -5.8% |
| Stocks | 30/36 | €63,760 | €60,052 | -€3,708 | -5.8% |
| Amounts receivable within one year | 40/41 | €30,458 | €71,858 | +€41,400 | +135.9% |
| Trade receivables | 40 | €27,511 | €68,911 | +€41,400 | +150.5% |
| Other amounts receivable | 41 | €2,947 | €2,947 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €21,918 | €81,739 | +€59,821 | +272.9% |
| Deferred charges and accrued income | 490/1 | €3,413 | €2,306 | -€1,107 | -32.4% |
| Total equity and liabilities | 10/49 | €2,237,329 | €2,286,201 | +€48,871 | +2.2% |
| Equity | 10/15 | €952,558 | €1,131,073 | +€178,514 | +18.7% |
| Contributions | 10/11 | €18,478 | €18,478 | = | 0.0% |
| Reserves | 13 | €934,080 | €1,112,595 | +€178,514 | +19.1% |
| Distributable reserves | 133 | €934,080 | €1,112,595 | +€178,514 | +19.1% |
| Amounts payable | 17/49 | €1,284,771 | €1,155,128 | -€129,643 | -10.1% |
| Amounts payable after more than one year | 17 | €986,457 | €918,119 | -€68,338 | -6.9% |
| Financial debts | 170/4 | €986,457 | €918,119 | -€68,338 | -6.9% |
| Amounts payable within one year | 42/48 | €298,314 | €237,009 | -€61,305 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €89,518 | €97,838 | +€8,320 | +9.3% |
| Trade debts | 44 | €26,898 | €5,704 | -€21,194 | -78.8% |
| Suppliers | 440/4 | €26,898 | €5,704 | -€21,194 | -78.8% |
| Taxes, remuneration and social security | 45 | €19,240 | €74,020 | +€54,780 | +284.7% |
| Taxes | 450/3 | €17,318 | €69,498 | +€52,180 | +301.3% |
| Remuneration and social security | 454/9 | €1,922 | €4,522 | +€2,600 | +135.3% |
| Other amounts payable | 47/48 | €162,658 | €59,447 | -€103,211 | -63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,691 | €89,868 | +€6,177 | +7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €402 | - | -€402 | |
| Other operating charges | 640/8 | €8,900 | €11,101 | +€2,201 | +24.7% |
| Gross operating margin | 9900 | €284,073 | €384,447 | +€100,374 | +35.3% |
| Operating profit (loss) | 9901 | €191,080 | €283,478 | +€92,398 | +48.4% |
| Financial income | 75/76B | €2 | €0 | -€2 | -96.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -96.8% |
| Financial charges | 65/66B | €40,091 | €26,803 | -€13,289 | -33.1% |
| Recurring financial charges | 65 | €40,091 | €26,803 | -€13,289 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €150,991 | €256,676 | +€105,685 | +70.0% |
| Income taxes | 67/77 | €43,418 | €78,161 | +€34,743 | +80.0% |
| Profit (loss) for the period | 9904 | €107,572 | €178,514 | +€70,942 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €107,572 | €178,514 | +€70,942 | +65.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.