VERVIMO: 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.
VERVIMO
Largest movements
- Receivables within one year +€60,709
up €60,709 (+26.7%), from €227,791 to €288,500
- Cash +€35,551
up €35,551 (+559.1%), from €6,359 to €41,910
mainly Net result for the year (+€55,338) and Trade debts (+€17,233)
- Tangible fixed assets -€16,818
down €16,818 (-5.2%), from €320,710 to €303,892
of which Land and buildings: -€9,386
- Reserves +€55,338
up €55,338 (+8.5%), from €651,849 to €707,187
of which Distributable reserves: +€55,338
- Trade debts +€17,233
up €17,233 (+422.4%), from €4,079 to €21,312
- Tax, wage and social debts +€17,000
new in 2025: €17,000
- Gross operating margin +€49,118
up €49,118 (+90.0%), from €54,603 to €103,721
- Taxes +€11,284
up €11,284 (+295.2%), from €3,822 to €15,106
- Depreciation +€3,482
up €3,482 (+26.1%), from €13,336 to €16,818
- Other operating charges +€1,825
up €1,825 (+10.5%), from €17,342 to €19,167
- Financial income -€1,400
down €1,400 (-13.8%), from €10,174 to €8,774
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 | €897,233 | €978,895 | +€81,662 | +9.1% |
| Fixed assets | 21/28 | €320,710 | €303,892 | -€16,818 | -5.2% |
| Tangible fixed assets | 22/27 | €320,710 | €303,892 | -€16,818 | -5.2% |
| Land and buildings | 22 | €302,366 | €292,980 | -€9,386 | -3.1% |
| Furniture and vehicles | 24 | €18,344 | €10,912 | -€7,432 | -40.5% |
| Current assets | 29/58 | €576,523 | €675,002 | +€98,480 | +17.1% |
| Amounts receivable after more than one year | 29 | €305,000 | €305,000 | = | 0.0% |
| Other amounts receivable | 291 | €305,000 | €305,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €227,791 | €288,500 | +€60,709 | +26.7% |
| Other amounts receivable | 41 | €227,791 | €288,500 | +€60,709 | +26.7% |
| Cash at bank and in hand | 54/58 | €6,359 | €41,910 | +€35,551 | +559.1% |
| Deferred charges and accrued income | 490/1 | €37,373 | €39,593 | +€2,220 | +5.9% |
| Total equity and liabilities | 10/49 | €897,233 | €978,895 | +€81,662 | +9.1% |
| Equity | 10/15 | €731,849 | €787,187 | +€55,338 | +7.6% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €651,849 | €707,187 | +€55,338 | +8.5% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €643,849 | €699,187 | +€55,338 | +8.6% |
| Amounts payable | 17/49 | €165,384 | €191,707 | +€26,323 | +15.9% |
| Amounts payable after more than one year | 17 | €118,480 | €113,909 | -€4,570 | -3.9% |
| Financial debts | 170/4 | €118,480 | €113,909 | -€4,570 | -3.9% |
| Amounts payable within one year | 42/48 | €45,260 | €76,148 | +€30,888 | +68.2% |
| Current portion of amounts payable after more than one year | 42 | €4,362 | €4,570 | +€208 | +4.8% |
| Trade debts | 44 | €4,079 | €21,312 | +€17,233 | +422.4% |
| Suppliers | 440/4 | €4,079 | €21,312 | +€17,233 | +422.4% |
| Taxes, remuneration and social security | 45 | - | €17,000 | +€17,000 | |
| Taxes | 450/3 | - | €17,000 | +€17,000 | |
| Other amounts payable | 47/48 | €36,819 | €33,266 | -€3,553 | -9.7% |
| Accrued charges and deferred income | 492/3 | €1,644 | €1,650 | +€6 | +0.4% |
| Non-recurring operating income | 76A | - | €10,202 | +€10,202 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,336 | €16,818 | +€3,482 | +26.1% |
| Other operating charges | 640/8 | €17,342 | €19,167 | +€1,825 | +10.5% |
| Gross operating margin | 9900 | €54,603 | €103,721 | +€49,118 | +90.0% |
| Operating profit (loss) | 9901 | €23,925 | €67,736 | +€43,811 | +183.1% |
| Financial income | 75/76B | €10,174 | €8,774 | -€1,400 | -13.8% |
| Recurring financial income | 75 | €10,174 | €8,774 | -€1,400 | -13.8% |
| Financial charges | 65/66B | €6,653 | €6,066 | -€586 | -8.8% |
| Recurring financial charges | 65 | €6,653 | €6,066 | -€586 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €27,447 | €70,444 | +€42,997 | +156.7% |
| Income taxes | 67/77 | €3,822 | €15,106 | +€11,284 | +295.2% |
| Profit (loss) for the period | 9904 | €23,625 | €55,338 | +€31,714 | +134.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,625 | €55,338 | +€31,714 | +134.2% |
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 28 September 2026 via checked.be.