DE VERLOSSING: 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 VERLOSSING
Largest movements
- Cash +€20,644
up €20,644 (+546%), from €3,782 to €24,426
mainly Net result for the year (+€27,989) and Tax, wage and social debts (+€8,997)
- Stocks and contracts +€2,713
up €2,713 (+19.6%), from €13,862 to €16,575
- Tangible fixed assets +€906
up €906 (+4.4%), from €20,593 to €21,499
of which Land and buildings: +€2,379
- Profit (loss) carried forward +€27,989
up €27,989 (+51.9%), from -€53,940 to -€25,951
- Tax, wage and social debts +€8,997
up €8,997 (+50.2%), from €17,921 to €26,918
of which Remuneration and social security: +€7,074
- Trade debts -€7,099
down €7,099 (-38.0%), from €18,677 to €11,579
- Other debts -€6,455
down €6,455 (-30.9%), from €20,908 to €14,454
- Accrued charges and deferred income +€830
up €830 (+153%), from €544 to €1,374
- Gross operating margin +€42,334
up €42,334 (+27.4%), from €154,341 to €196,676
- Staff costs -€5,160
down €5,160 (-3.1%), from €165,710 to €160,550
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 | €43,238 | €67,500 | +€24,263 | +56.1% |
| Fixed assets | 21/28 | €25,593 | €26,499 | +€906 | +3.5% |
| Tangible fixed assets | 22/27 | €20,593 | €21,499 | +€906 | +4.4% |
| Land and buildings | 22 | €4,060 | €6,439 | +€2,379 | +58.6% |
| Plant, machinery and equipment | 23 | €8,805 | €9,078 | +€273 | +3.1% |
| Furniture and vehicles | 24 | €7,728 | €5,982 | -€1,747 | -22.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €17,644 | €41,001 | +€23,357 | +132% |
| Stocks and contracts in progress | 3 | €13,862 | €16,575 | +€2,713 | +19.6% |
| Stocks | 30/36 | €13,862 | €16,575 | +€2,713 | +19.6% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,782 | €24,426 | +€20,644 | +546% |
| Total equity and liabilities | 10/49 | €43,238 | €67,500 | +€24,263 | +56.1% |
| Equity | 10/15 | -€14,814 | €13,175 | +€27,989 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,927 | €32,927 | = | 0.0% |
| Distributable reserves | 133 | €32,927 | €32,927 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,940 | -€25,951 | +€27,989 | +51.9% |
| Amounts payable | 17/49 | €58,051 | €54,325 | -€3,726 | -6.4% |
| Amounts payable within one year | 42/48 | €57,507 | €52,951 | -€4,556 | -7.9% |
| Trade debts | 44 | €18,677 | €11,579 | -€7,099 | -38.0% |
| Suppliers | 440/4 | €18,677 | €11,579 | -€7,099 | -38.0% |
| Taxes, remuneration and social security | 45 | €17,921 | €26,918 | +€8,997 | +50.2% |
| Taxes | 450/3 | €9,712 | €11,635 | +€1,923 | +19.8% |
| Remuneration and social security | 454/9 | €8,209 | €15,283 | +€7,074 | +86.2% |
| Other amounts payable | 47/48 | €20,908 | €14,454 | -€6,455 | -30.9% |
| Accrued charges and deferred income | 492/3 | €544 | €1,374 | +€830 | +153% |
| Remuneration, social security and pensions | 62 | €165,710 | €160,550 | -€5,160 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,795 | €5,716 | +€1,921 | +50.6% |
| Other operating charges | 640/8 | €975 | €1,703 | +€728 | +74.7% |
| Gross operating margin | 9900 | €154,341 | €196,676 | +€42,334 | +27.4% |
| Operating profit (loss) | 9901 | -€16,138 | €28,706 | +€44,845 | |
| Financial income | 75/76B | €335 | €207 | -€128 | -38.3% |
| Recurring financial income | 75 | €335 | €207 | -€128 | -38.3% |
| Financial charges | 65/66B | €1,021 | €793 | -€229 | -22.4% |
| Recurring financial charges | 65 | €1,021 | €793 | -€229 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,825 | €28,120 | +€44,945 | |
| Income taxes | 67/77 | €0 | €132 | +€132 | |
| Profit (loss) for the period | 9904 | -€16,825 | €27,989 | +€44,814 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,825 | €27,989 | +€44,814 |
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 20 October 2026 via checked.be.