DE VERFKERK: 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.
DE VERFKERK
Largest movements
- Tangible fixed assets -€45,318
down €45,318 (-14.8%), from €305,798 to €260,480
of which Furniture and vehicles: -€31,764
- Stocks and contracts +€25,755
up €25,755 (+11.8%), from €218,374 to €244,129
- Receivables within one year +€21,388
up €21,388 (+120%), from €17,751 to €39,138
of which Trade receivables: +€13,334
- Cash -€18,402
down €18,402 (-51.6%), from €35,689 to €17,287
mainly Contributions, distributions and other (-€44,305) and Debts after one year (-€41,683)
- Other debts +€51,912
up €51,912 (+39.5%), from €131,329 to €183,240
- Debts after one year -€41,683
down €41,683 (-31.9%), from €130,798 to €89,114
- Trade debts -€18,072
down €18,072 (-11.9%), from €152,453 to €134,380
- Reserves -€13,698
down €13,698 (-3.1%), from €439,644 to €425,946
of which Distributable reserves: -€13,698
- Gross operating margin -€43,759
down €43,759 (-13.5%), from €323,106 to €279,347
- Staff costs -€18,392
down €18,392 (-9.6%), from €190,917 to €172,525
- Depreciation +€18,229
up €18,229 (+67.3%), from €27,090 to €45,318
- Taxes -€9,269
down €9,269 (-42.4%), from €21,841 to €12,573
- Other operating charges -€7,261
down €7,261 (-55.5%), from €13,084 to €5,822
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 | €936,743 | €913,083 | -€23,660 | -2.5% |
| Fixed assets | 21/28 | €655,848 | €610,530 | -€45,318 | -6.9% |
| Tangible fixed assets | 22/27 | €305,798 | €260,480 | -€45,318 | -14.8% |
| Land and buildings | 22 | €151,572 | €144,221 | -€7,352 | -4.9% |
| Plant, machinery and equipment | 23 | €5,513 | €1,446 | -€4,067 | -73.8% |
| Furniture and vehicles | 24 | €146,578 | €114,814 | -€31,764 | -21.7% |
| Other tangible fixed assets | 26 | €2,135 | €0 | -€2,135 | -100% |
| Financial fixed assets | 28 | €350,050 | €350,050 | = | 0.0% |
| Current assets | 29/58 | €280,895 | €302,553 | +€21,659 | +7.7% |
| Stocks and contracts in progress | 3 | €218,374 | €244,129 | +€25,755 | +11.8% |
| Stocks | 30/36 | €218,374 | €244,129 | +€25,755 | +11.8% |
| Amounts receivable within one year | 40/41 | €17,751 | €39,138 | +€21,388 | +120% |
| Trade receivables | 40 | €13,023 | €26,357 | +€13,334 | +102% |
| Other amounts receivable | 41 | €4,728 | €12,782 | +€8,054 | +170% |
| Cash at bank and in hand | 54/58 | €35,689 | €17,287 | -€18,402 | -51.6% |
| Deferred charges and accrued income | 490/1 | €9,080 | €1,999 | -€7,081 | -78.0% |
| Total equity and liabilities | 10/49 | €936,743 | €913,083 | -€23,660 | -2.5% |
| Equity | 10/15 | €458,244 | €444,546 | -€13,698 | -3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €439,644 | €425,946 | -€13,698 | -3.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €439,644 | €425,946 | -€13,698 | -3.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €478,499 | €468,537 | -€9,962 | -2.1% |
| Amounts payable after more than one year | 17 | €130,798 | €89,114 | -€41,683 | -31.9% |
| Financial debts | 170/4 | €130,798 | €89,114 | -€41,683 | -31.9% |
| Amounts payable within one year | 42/48 | €347,702 | €379,423 | +€31,722 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €40,109 | €41,683 | +€1,574 | +3.9% |
| Trade debts | 44 | €152,453 | €134,380 | -€18,072 | -11.9% |
| Suppliers | 440/4 | €152,453 | €134,380 | -€18,072 | -11.9% |
| Taxes, remuneration and social security | 45 | €23,811 | €20,119 | -€3,692 | -15.5% |
| Taxes | 450/3 | €6,810 | €5,667 | -€1,143 | -16.8% |
| Remuneration and social security | 454/9 | €17,001 | €14,452 | -€2,549 | -15.0% |
| Other amounts payable | 47/48 | €131,329 | €183,240 | +€51,912 | +39.5% |
| Remuneration, social security and pensions | 62 | €190,917 | €172,525 | -€18,392 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,090 | €45,318 | +€18,229 | +67.3% |
| Other operating charges | 640/8 | €13,084 | €5,822 | -€7,261 | -55.5% |
| Gross operating margin | 9900 | €323,106 | €279,347 | -€43,759 | -13.5% |
| Operating profit (loss) | 9901 | €92,016 | €55,682 | -€36,335 | -39.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €13,145 | €12,502 | -€643 | -4.9% |
| Recurring financial charges | 65 | €13,145 | €12,502 | -€643 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €78,872 | €43,180 | -€35,692 | -45.3% |
| Income taxes | 67/77 | €21,841 | €12,573 | -€9,269 | -42.4% |
| Profit (loss) for the period | 9904 | €57,030 | €30,607 | -€26,423 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,030 | €30,607 | -€26,423 | -46.3% |
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 21 October 2026 via checked.be.