BAS VERTHRIEST: 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.
BAS VERTHRIEST
Largest movements
- Tangible fixed assets -€1,695
down €1,695 (-10.2%), from €16,698 to €15,003
of which Furniture and vehicles: -€1,496
- Receivables within one year -€1,580
down €1,580 (-3.7%), from €42,928 to €41,348
of which Trade receivables: -€1,852
- Deferred charges and accrued income -€757
down €757 (-61.6%), from €1,229 to €471
- Trade debts -€18,760
down €18,760 (-94.3%), from €19,902 to €1,142
- Other debts +€17,868
up €17,868 (+132%), from €13,493 to €31,361
- Profit (loss) carried forward -€2,496
down €2,496 (-3.9%), from -€63,592 to -€66,088
- Tax, wage and social debts -€1,188
down €1,188 (-88.7%), from €1,339 to €151
- Gross operating margin -€29,139
down €29,139 (-90.8%), from €32,079 to €2,939
- Financial charges -€451
down €451 (-13.6%), from €3,313 to €2,862
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 | €62,348 | €57,772 | -€4,575 | -7.3% |
| Fixed assets | 21/28 | €16,698 | €15,003 | -€1,695 | -10.2% |
| Tangible fixed assets | 22/27 | €16,698 | €15,003 | -€1,695 | -10.2% |
| Plant, machinery and equipment | 23 | €199 | €0 | -€199 | -100% |
| Furniture and vehicles | 24 | €1,496 | €0 | -€1,496 | -100% |
| Other tangible fixed assets | 26 | €15,003 | €15,003 | = | 0.0% |
| Current assets | 29/58 | €45,649 | €42,769 | -€2,880 | -6.3% |
| Amounts receivable within one year | 40/41 | €42,928 | €41,348 | -€1,580 | -3.7% |
| Trade receivables | 40 | €42,914 | €41,062 | -€1,852 | -4.3% |
| Other amounts receivable | 41 | €14 | €285 | +€272 | +1,980% |
| Cash at bank and in hand | 54/58 | €1,493 | €950 | -€542 | -36.3% |
| Deferred charges and accrued income | 490/1 | €1,229 | €471 | -€757 | -61.6% |
| Total equity and liabilities | 10/49 | €62,348 | €57,772 | -€4,575 | -7.3% |
| Equity | 10/15 | €27,613 | €25,118 | -€2,496 | -9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €70,006 | €70,006 | = | 0.0% |
| Distributable reserves | 133 | €70,006 | €70,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,592 | -€66,088 | -€2,496 | -3.9% |
| Amounts payable | 17/49 | €34,734 | €32,655 | -€2,080 | -6.0% |
| Amounts payable within one year | 42/48 | €34,734 | €32,655 | -€2,080 | -6.0% |
| Trade debts | 44 | €19,902 | €1,142 | -€18,760 | -94.3% |
| Suppliers | 440/4 | €19,902 | €1,142 | -€18,760 | -94.3% |
| Taxes, remuneration and social security | 45 | €1,339 | €151 | -€1,188 | -88.7% |
| Taxes | 450/3 | €1,339 | €151 | -€1,188 | -88.7% |
| Other amounts payable | 47/48 | €13,493 | €31,361 | +€17,868 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,700 | €1,695 | -€5 | -0.3% |
| Other operating charges | 640/8 | €846 | €879 | +€33 | +3.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €32,079 | €2,939 | -€29,139 | -90.8% |
| Operating profit (loss) | 9901 | €29,533 | €365 | -€29,168 | -98.8% |
| Financial income | 75/76B | €1 | €1 | -€0 | -10.9% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -10.9% |
| Financial charges | 65/66B | €3,313 | €2,862 | -€451 | -13.6% |
| Recurring financial charges | 65 | €3,313 | €2,862 | -€451 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €26,221 | -€2,496 | -€28,716 | |
| Profit (loss) for the period | 9904 | €26,221 | -€2,496 | -€28,716 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,221 | -€2,496 | -€28,716 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.