CONCEPT VERANDA: 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.
CONCEPT VERANDA
Largest movements
- Stocks and contracts +€61,555
up €61,555 (+33.3%), from €184,860 to €246,415
of which Contracts in progress: +€55,109
- Cash -€57,838
down €57,838 (-79.4%), from €72,879 to €15,041
mainly Investment in fixed assets (net) (-€108,404) and Stocks and contracts (-€61,555)
- Tangible fixed assets +€40,296
up €40,296 (+8.1%), from €495,713 to €536,008
of which Furniture and vehicles: +€87,924
- Receivables within one year -€18,282
down €18,282 (-19.0%), from €96,150 to €77,868
of which Trade receivables: -€29,294
- Trade debts +€56,659
up €56,659 (+36.3%), from €156,236 to €212,894
- Debts after one year -€20,045
down €20,045 (-5.0%), from €400,663 to €380,618
- Profit (loss) carried forward -€19,329
down €19,329 (-22.8%), from €84,774 to €65,444
- Tax, wage and social debts +€10,555
up €10,555 (+72.9%), from €14,477 to €25,032
of which Remuneration and social security: +€10,834
- Other operating charges +€27,274
up €27,274 (+486.7%), from €5,604 to €32,878
- Gross operating margin +€24,527
up €24,527 (+10.7%), from €228,993 to €253,520
- Staff costs +€17,177
up €17,177 (+11.8%), from €146,134 to €163,311
- Depreciation +€9,035
up €9,035 (+14.9%), from €60,621 to €69,657
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 | €857,918 | €884,256 | +€26,338 | +3.1% |
| Formation expenses | 20 | €149 | €0 | -€149 | -100.0% |
| Fixed assets | 21/28 | €497,363 | €536,258 | +€38,896 | +7.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €495,713 | €536,008 | +€40,296 | +8.1% |
| Land and buildings | 22 | €415,703 | €380,662 | -€35,041 | -8.4% |
| Plant, machinery and equipment | 23 | €11,127 | €9,483 | -€1,644 | -14.8% |
| Furniture and vehicles | 24 | €42,480 | €130,404 | +€87,924 | +207.0% |
| Leasing and similar rights | 25 | €21,750 | €11,701 | -€10,049 | -46.2% |
| Other tangible fixed assets | 26 | €4,653 | €3,759 | -€894 | -19.2% |
| Financial fixed assets | 28 | €1,650 | €250 | -€1,400 | -84.8% |
| Current assets | 29/58 | €360,407 | €347,998 | -€12,409 | -3.4% |
| Stocks and contracts in progress | 3 | €184,860 | €246,415 | +€61,555 | +33.3% |
| Stocks | 30/36 | €8,751 | €15,198 | +€6,447 | +73.7% |
| Contracts in progress | 37 | €176,109 | €231,218 | +€55,109 | +31.3% |
| Amounts receivable within one year | 40/41 | €96,150 | €77,868 | -€18,282 | -19.0% |
| Trade receivables | 40 | €90,869 | €61,575 | -€29,294 | -32.2% |
| Other amounts receivable | 41 | €5,281 | €16,293 | +€11,012 | +208.5% |
| Cash at bank and in hand | 54/58 | €72,879 | €15,041 | -€57,838 | -79.4% |
| Deferred charges and accrued income | 490/1 | €6,519 | €8,674 | +€2,155 | +33.1% |
| Total equity and liabilities | 10/49 | €857,918 | €884,256 | +€26,338 | +3.1% |
| Equity | 10/15 | €192,780 | €171,361 | -€21,419 | -11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,459 | €64,459 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,099 | €39,099 | = | 0.0% |
| Distributable reserves | 133 | €23,500 | €23,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,774 | €65,444 | -€19,329 | -22.8% |
| Investment grants | 15 | €24,948 | €22,858 | -€2,090 | -8.4% |
| Amounts payable | 17/49 | €665,138 | €712,895 | +€47,757 | +7.2% |
| Amounts payable after more than one year | 17 | €400,663 | €380,618 | -€20,045 | -5.0% |
| Financial debts | 170/4 | €400,663 | €380,618 | -€20,045 | -5.0% |
| Amounts payable within one year | 42/48 | €264,476 | €332,277 | +€67,802 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €52,995 | €58,188 | +€5,193 | +9.8% |
| Trade debts | 44 | €156,236 | €212,894 | +€56,659 | +36.3% |
| Suppliers | 440/4 | €156,236 | €212,894 | +€56,659 | +36.3% |
| Advances received on contracts in progress | 46 | €36,790 | €31,536 | -€5,254 | -14.3% |
| Taxes, remuneration and social security | 45 | €14,477 | €25,032 | +€10,555 | +72.9% |
| Taxes | 450/3 | €5,583 | €5,304 | -€278 | -5.0% |
| Remuneration and social security | 454/9 | €8,894 | €19,728 | +€10,834 | +121.8% |
| Other amounts payable | 47/48 | €3,979 | €4,627 | +€649 | +16.3% |
| Remuneration, social security and pensions | 62 | €146,134 | €163,311 | +€17,177 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,621 | €69,657 | +€9,035 | +14.9% |
| Other operating charges | 640/8 | €5,604 | €32,878 | +€27,274 | +486.7% |
| Gross operating margin | 9900 | €228,993 | €253,520 | +€24,527 | +10.7% |
| Operating profit (loss) | 9901 | €16,633 | -€12,326 | -€28,959 | |
| Financial income | 75/76B | €5,287 | €5,523 | +€236 | +4.5% |
| Recurring financial income | 75 | €5,287 | €5,523 | +€236 | +4.5% |
| Financial charges | 65/66B | €11,053 | €12,397 | +€1,343 | +12.2% |
| Recurring financial charges | 65 | €11,053 | €12,397 | +€1,343 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €10,867 | -€19,199 | -€30,066 | |
| Income taxes | 67/77 | €1,640 | €130 | -€1,510 | -92.1% |
| Profit (loss) for the period | 9904 | €9,226 | -€19,329 | -€28,555 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,226 | -€19,329 | -€28,555 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.