Eddy Verheijen: what changed
Eddy Verheijen
Largest movements
- Cash -€9,780
down €9,780 (-21.1%), from €46,355 to €36,575
mainly Debts after one year (-€11,750) and Stocks and contracts (-€5,000)
- Stocks and contracts +€5,000
up €5,000 (+62.5%), from €8,000 to €13,000
- Receivables within one year +€1,615
up €1,615 (+31.3%), from €5,157 to €6,773
of which Other amounts receivable: +€6,773
- Tangible fixed assets -€1,419
down €1,419 (-13.3%), from €10,672 to €9,253
of which Plant, machinery and equipment: -€919
- Debts after one year -€11,750
down €11,750 (-17.9%), from €65,500 to €53,750
- Other debts +€6,583
up €6,583 (+136%), from €4,837 to €11,419
- Tax, wage and social debts -€2,635
down €2,635 (-100%), from €2,635 to €0
- Reserves +€2,253
up €2,253 (+8.2%), from €27,607 to €29,861
of which Distributable reserves: +€2,253
- Trade debts +€965
up €965 (+32.1%), from €3,005 to €3,970
- Gross operating margin -€41,384
down €41,384 (-88.9%), from €46,536 to €5,152
- Taxes -€11,113
down €11,113 (-98.0%), from €11,338 to €225
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 | €70,185 | €65,601 | -€4,584 | -6.5% |
| Fixed assets | 21/28 | €10,672 | €9,253 | -€1,419 | -13.3% |
| Tangible fixed assets | 22/27 | €10,672 | €9,253 | -€1,419 | -13.3% |
| Land and buildings | 22 | €8,994 | €8,494 | -€500 | -5.6% |
| Plant, machinery and equipment | 23 | €1,678 | €759 | -€919 | -54.8% |
| Current assets | 29/58 | €59,512 | €56,347 | -€3,165 | -5.3% |
| Stocks and contracts in progress | 3 | €8,000 | €13,000 | +€5,000 | +62.5% |
| Contracts in progress | 37 | €8,000 | €13,000 | +€5,000 | +62.5% |
| Amounts receivable within one year | 40/41 | €5,157 | €6,773 | +€1,615 | +31.3% |
| Trade receivables | 40 | €5,157 | €0 | -€5,157 | -100% |
| Other amounts receivable | 41 | €0 | €6,773 | +€6,773 | |
| Cash at bank and in hand | 54/58 | €46,355 | €36,575 | -€9,780 | -21.1% |
| Total equity and liabilities | 10/49 | €70,185 | €65,601 | -€4,584 | -6.5% |
| Equity | 10/15 | -€5,792 | -€3,539 | +€2,253 | +38.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,607 | €29,861 | +€2,253 | +8.2% |
| Non-distributable reserves | 130/1 | €699 | €699 | = | 0.0% |
| Reserves not available under the articles | 1311 | €699 | €699 | = | 0.0% |
| Distributable reserves | 133 | €26,909 | €29,162 | +€2,253 | +8.4% |
| Profit (loss) carried forward | 14 | -€52,000 | -€52,000 | = | 0.0% |
| Amounts payable | 17/49 | €75,977 | €69,140 | -€6,837 | -9.0% |
| Amounts payable after more than one year | 17 | €65,500 | €53,750 | -€11,750 | -17.9% |
| Other amounts payable | 178/9 | €65,500 | €53,750 | -€11,750 | -17.9% |
| Amounts payable within one year | 42/48 | €10,477 | €15,390 | +€4,913 | +46.9% |
| Trade debts | 44 | €3,005 | €3,970 | +€965 | +32.1% |
| Suppliers | 440/4 | €3,005 | €3,970 | +€965 | +32.1% |
| Taxes, remuneration and social security | 45 | €2,635 | €0 | -€2,635 | -100% |
| Taxes | 450/3 | €2,635 | €0 | -€2,635 | -100% |
| Other amounts payable | 47/48 | €4,837 | €11,419 | +€6,583 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,528 | €1,419 | -€109 | -7.1% |
| Other operating charges | 640/8 | €1,104 | €806 | -€298 | -27.0% |
| Gross operating margin | 9900 | €46,536 | €5,152 | -€41,384 | -88.9% |
| Operating profit (loss) | 9901 | €43,904 | €2,927 | -€40,977 | -93.3% |
| Financial charges | 65/66B | €393 | €449 | +€56 | +14.1% |
| Recurring financial charges | 65 | €393 | €449 | +€56 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €43,511 | €2,478 | -€41,033 | -94.3% |
| Income taxes | 67/77 | €11,338 | €225 | -€11,113 | -98.0% |
| Profit (loss) for the period | 9904 | €32,173 | €2,253 | -€29,920 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,173 | €2,253 | -€29,920 | -93.0% |
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 8 November 2026 via checked.be.