Dr. Verbeeck Iris: 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.
Dr. Verbeeck Iris
Largest movements
- Tangible fixed assets +€299,813
up €299,813 (+19,778%), from €1,516 to €301,329
of which Land and buildings: +€289,499
- Cash -€77,304
down €77,304 (-38.6%), from €200,281 to €122,978
mainly Investment in fixed assets (net) (-€313,305) and Contributions, distributions and other (-€188,513)
- Receivables within one year +€10,100
up €10,100 (+37.6%), from €26,877 to €36,977
of which Other amounts receivable: +€12,690
- Debts after one year +€223,532
new in 2025: €223,532
- Other debts +€160,358
up €160,358 (+7,861%), from €2,040 to €162,398
- Reserves -€153,273
down €153,273 (-81.7%), from €187,513 to €34,241
- Current portion of long-term debt +€13,979
new in 2025: €13,979
- Tax, wage and social debts -€11,547
down €11,547 (-35.4%), from €32,608 to €21,061
- Gross operating margin -€39,500
down €39,500 (-37.6%), from €105,082 to €65,581
- Depreciation +€12,353
up €12,353 (+1,084%), from €1,140 to €13,493
- Taxes -€11,852
down €11,852 (-56.3%), from €21,063 to €9,211
- Financial charges +€5,699
up €5,699 (+718%), from €794 to €6,493
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 | €229,038 | €461,481 | +€232,443 | +101% |
| Fixed assets | 21/28 | €1,516 | €301,329 | +€299,813 | +19,778% |
| Tangible fixed assets | 22/27 | €1,516 | €301,329 | +€299,813 | +19,778% |
| Land and buildings | 22 | - | €289,499 | +€289,499 | |
| Furniture and vehicles | 24 | €1,516 | €11,830 | +€10,314 | +680% |
| Current assets | 29/58 | €227,522 | €160,153 | -€67,370 | -29.6% |
| Amounts receivable within one year | 40/41 | €26,877 | €36,977 | +€10,100 | +37.6% |
| Trade receivables | 40 | €2,590 | €0 | -€2,590 | -100% |
| Other amounts receivable | 41 | €24,287 | €36,977 | +€12,690 | +52.2% |
| Cash at bank and in hand | 54/58 | €200,281 | €122,978 | -€77,304 | -38.6% |
| Deferred charges and accrued income | 490/1 | €364 | €198 | -€166 | -45.6% |
| Total equity and liabilities | 10/49 | €229,038 | €461,481 | +€232,443 | +101% |
| Equity | 10/15 | €192,513 | €39,241 | -€153,273 | -79.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €187,513 | €34,241 | -€153,273 | -81.7% |
| Distributable reserves | 133 | €187,513 | €34,241 | -€153,273 | -81.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €36,525 | €422,240 | +€385,715 | +1,056% |
| Amounts payable after more than one year | 17 | - | €223,532 | +€223,532 | |
| Financial debts | 170/4 | - | €223,532 | +€223,532 | |
| Amounts payable within one year | 42/48 | €36,525 | €198,708 | +€162,183 | +444% |
| Current portion of amounts payable after more than one year | 42 | - | €13,979 | +€13,979 | |
| Trade debts | 44 | €1,877 | €1,270 | -€607 | -32.3% |
| Suppliers | 440/4 | €1,877 | €1,270 | -€607 | -32.3% |
| Taxes, remuneration and social security | 45 | €32,608 | €21,061 | -€11,547 | -35.4% |
| Taxes | 450/3 | €32,608 | €21,061 | -€11,547 | -35.4% |
| Other amounts payable | 47/48 | €2,040 | €162,398 | +€160,358 | +7,861% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,140 | €13,493 | +€12,353 | +1,084% |
| Other operating charges | 640/8 | €528 | €1,144 | +€616 | +117% |
| Gross operating margin | 9900 | €105,082 | €65,581 | -€39,500 | -37.6% |
| Operating profit (loss) | 9901 | €103,414 | €50,945 | -€52,469 | -50.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €794 | €6,493 | +€5,699 | +718% |
| Recurring financial charges | 65 | €794 | €6,493 | +€5,699 | +718% |
| Profit (loss) for the period before taxes | 9903 | €102,620 | €44,452 | -€58,168 | -56.7% |
| Income taxes | 67/77 | €21,063 | €9,211 | -€11,852 | -56.3% |
| Profit (loss) for the period | 9904 | €81,557 | €35,241 | -€46,316 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,557 | €35,241 | -€46,316 | -56.8% |
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 21 October 2026 via checked.be.