BC VERVIERS: 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.
BC VERVIERS
Largest movements
- Receivables within one year -€352,053
down €352,053 (-89.9%), from €391,423 to €39,370
of which Trade receivables: -€354,949
- Tangible fixed assets -€42,257
down €42,257 (-20.4%), from €207,267 to €165,011
of which Plant, machinery and equipment: -€31,340
- Formation expenses -€9,999
down €9,999 (-86.4%), from €11,574 to €1,575
- Trade debts -€337,279
down €337,279 (-71.8%), from €470,032 to €132,753
- Profit (loss) carried forward -€62,168
down €62,168 (-39.6%), from -€156,894 to -€219,062
- Debts after one year -€40,640
down €40,640 (-22.6%), from €180,133 to €139,493
- Accrued charges and deferred income +€17,100
new in 2025: €17,100
- Other debts +€11,692
up €11,692 (+54.1%), from €21,625 to €33,317
- Gross operating margin +€48,962
up €48,962 (+46.1%), from €106,202 to €155,163
- Staff costs +€10,696
up €10,696 (+7.4%), from €143,758 to €154,454
- Other operating charges -€2,936
down €2,936 (-82.0%), from €3,581 to €645
- Financial charges -€2,576
down €2,576 (-20.5%), from €12,552 to €9,977
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 | €641,926 | €233,665 | -€408,260 | -63.6% |
| Formation expenses | 20 | €11,574 | €1,575 | -€9,999 | -86.4% |
| Fixed assets | 21/28 | €207,267 | €165,011 | -€42,257 | -20.4% |
| Tangible fixed assets | 22/27 | €207,267 | €165,011 | -€42,257 | -20.4% |
| Plant, machinery and equipment | 23 | €150,518 | €119,178 | -€31,340 | -20.8% |
| Furniture and vehicles | 24 | €56,749 | €45,832 | -€10,917 | -19.2% |
| Current assets | 29/58 | €423,084 | €67,080 | -€356,004 | -84.1% |
| Stocks and contracts in progress | 3 | €9,073 | €8,553 | -€520 | -5.7% |
| Stocks | 30/36 | €9,073 | €8,553 | -€520 | -5.7% |
| Amounts receivable within one year | 40/41 | €391,423 | €39,370 | -€352,053 | -89.9% |
| Trade receivables | 40 | €391,423 | €36,473 | -€354,949 | -90.7% |
| Other amounts receivable | 41 | - | €2,896 | +€2,896 | |
| Cash at bank and in hand | 54/58 | €22,326 | €18,943 | -€3,382 | -15.2% |
| Deferred charges and accrued income | 490/1 | €262 | €213 | -€49 | -18.6% |
| Total equity and liabilities | 10/49 | €641,926 | €233,665 | -€408,260 | -63.6% |
| Equity | 10/15 | -€81,894 | -€144,062 | -€62,168 | -75.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,894 | -€219,062 | -€62,168 | -39.6% |
| Amounts payable | 17/49 | €723,820 | €377,727 | -€346,092 | -47.8% |
| Amounts payable after more than one year | 17 | €180,133 | €139,493 | -€40,640 | -22.6% |
| Financial debts | 170/4 | €180,133 | €139,493 | -€40,640 | -22.6% |
| Amounts payable within one year | 42/48 | €543,687 | €221,135 | -€322,552 | -59.3% |
| Current portion of amounts payable after more than one year | 42 | €33,094 | €37,699 | +€4,605 | +13.9% |
| Trade debts | 44 | €470,032 | €132,753 | -€337,279 | -71.8% |
| Suppliers | 440/4 | €470,032 | €132,753 | -€337,279 | -71.8% |
| Taxes, remuneration and social security | 45 | €18,936 | €17,366 | -€1,570 | -8.3% |
| Taxes | 450/3 | €10,085 | €886 | -€9,199 | -91.2% |
| Remuneration and social security | 454/9 | €8,850 | €16,480 | +€7,629 | +86.2% |
| Other amounts payable | 47/48 | €21,625 | €33,317 | +€11,692 | +54.1% |
| Accrued charges and deferred income | 492/3 | - | €17,100 | +€17,100 | |
| Remuneration, social security and pensions | 62 | €143,758 | €154,454 | +€10,696 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,256 | €52,256 | = | 0.0% |
| Other operating charges | 640/8 | €3,581 | €645 | -€2,936 | -82.0% |
| Gross operating margin | 9900 | €106,202 | €155,163 | +€48,962 | +46.1% |
| Operating profit (loss) | 9901 | -€93,393 | -€52,191 | +€41,202 | +44.1% |
| Financial charges | 65/66B | €12,552 | €9,977 | -€2,576 | -20.5% |
| Recurring financial charges | 65 | €12,552 | €9,977 | -€2,576 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€105,945 | -€62,168 | +€43,777 | +41.3% |
| Profit (loss) for the period | 9904 | -€105,945 | -€62,168 | +€43,777 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,945 | -€62,168 | +€43,777 | +41.3% |
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 30 October 2026 via checked.be.