De Verhaalderij: what changed
De Verhaalderij
Largest movements
- Cash -€40,788
down €40,788 (-95.4%), from €42,760 to €1,972
mainly Current investments (-€21,518) and Net result for the year (-€17,192)
- Current investments +€21,518
new in 2025: €21,518
- Receivables within one year -€2,951
down €2,951 (-40.7%), from €7,249 to €4,298
of which Trade receivables: -€3,665
- Tangible fixed assets +€534
up €534, from €0 to €534
- Reserves -€33,527
down €33,527 (-100%), from €33,527 to €0
- Other debts +€15,106
up €15,106 (+560%), from €2,699 to €17,805
- Tax, wage and social debts -€3,349
down €3,349 (-42.5%), from €7,882 to €4,533
- Gross operating margin -€27,573
down €27,573, from €12,286 to -€15,287
- Depreciation -€4,472
down €4,472 (-99.9%), from €4,477 to €5
- Taxes -€1,630
down €1,630 (-87.6%), from €1,860 to €230
- Other operating charges -€539
down €539 (-28.1%), from €1,916 to €1,377
- Financial charges +€209
up €209 (+196%), from €107 to €316
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,510 | €28,808 | -€21,702 | -43.0% |
| Fixed assets | 21/28 | €0 | €534 | +€534 | |
| Tangible fixed assets | 22/27 | €0 | €534 | +€534 | |
| Furniture and vehicles | 24 | €0 | €534 | +€534 | |
| Current assets | 29/58 | €50,510 | €28,274 | -€22,236 | -44.0% |
| Amounts receivable within one year | 40/41 | €7,249 | €4,298 | -€2,951 | -40.7% |
| Trade receivables | 40 | €7,249 | €3,584 | -€3,665 | -50.6% |
| Other amounts receivable | 41 | €0 | €714 | +€714 | |
| Current investments | 50/53 | - | €21,518 | +€21,518 | |
| Cash at bank and in hand | 54/58 | €42,760 | €1,972 | -€40,788 | -95.4% |
| Deferred charges and accrued income | 490/1 | €501 | €486 | -€15 | -3.0% |
| Total equity and liabilities | 10/49 | €50,510 | €28,808 | -€21,702 | -43.0% |
| Equity | 10/15 | €39,527 | €6,000 | -€33,527 | -84.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €33,527 | €0 | -€33,527 | -100% |
| Distributable reserves | 133 | €33,527 | €0 | -€33,527 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,984 | €22,808 | +€11,825 | +108% |
| Amounts payable within one year | 42/48 | €10,984 | €22,808 | +€11,825 | +108% |
| Trade debts | 44 | €403 | €470 | +€67 | +16.7% |
| Suppliers | 440/4 | €403 | €470 | +€67 | +16.7% |
| Taxes, remuneration and social security | 45 | €7,882 | €4,533 | -€3,349 | -42.5% |
| Taxes | 450/3 | €7,882 | €4,533 | -€3,349 | -42.5% |
| Other amounts payable | 47/48 | €2,699 | €17,805 | +€15,106 | +560% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,477 | €5 | -€4,472 | -99.9% |
| Other operating charges | 640/8 | €1,916 | €1,377 | -€539 | -28.1% |
| Gross operating margin | 9900 | €12,286 | -€15,287 | -€27,573 | |
| Operating profit (loss) | 9901 | €5,894 | -€16,669 | -€22,562 | |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €107 | €316 | +€209 | +196% |
| Recurring financial charges | 65 | €107 | €316 | +€209 | +196% |
| Profit (loss) for the period before taxes | 9903 | €5,787 | -€16,962 | -€22,749 | |
| Income taxes | 67/77 | €1,860 | €230 | -€1,630 | -87.6% |
| Profit (loss) for the period | 9904 | €3,927 | -€17,192 | -€21,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,927 | -€17,192 | -€21,119 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.