GEORGES VERZIN CONSULT: 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.
GEORGES VERZIN CONSULT
Largest movements
- Receivables within one year +€929
up €929 (+36.5%), from €2,549 to €3,479
of which Trade receivables: +€2,420
- Cash +€150
up €150 (+51,638%), from €0 to €150
mainly Trade debts (+€4,982) and Net result for the year (+€1,530)
- Other debts -€5,337
down €5,337 (-3.8%), from €139,568 to €134,231
- Trade debts +€4,982
up €4,982 (+271%), from €1,838 to €6,820
- Profit (loss) carried forward +€1,530
up €1,530 (+1.0%), from -€147,460 to -€145,930
- Short-term financial debts -€152
no longer reported in 2025 (was €152)
- Tax, wage and social debts +€56
up €56 (+14.3%), from €392 to €449
- Gross operating margin +€5,288
up €5,288, from -€3,583 to €1,705
- Financial charges -€220
down €220 (-55.7%), from €395 to €175
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 | €2,550 | €3,629 | +€1,079 | +42.3% |
| Current assets | 29/58 | €2,550 | €3,629 | +€1,079 | +42.3% |
| Amounts receivable within one year | 40/41 | €2,549 | €3,479 | +€929 | +36.5% |
| Trade receivables | 40 | €471 | €2,891 | +€2,420 | +514% |
| Other amounts receivable | 41 | €2,079 | €588 | -€1,491 | -71.7% |
| Cash at bank and in hand | 54/58 | €0 | €150 | +€150 | +51,638% |
| Total equity and liabilities | 10/49 | €2,550 | €3,629 | +€1,079 | +42.3% |
| Equity | 10/15 | -€139,400 | -€137,870 | +€1,530 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,460 | -€145,930 | +€1,530 | +1.0% |
| Amounts payable | 17/49 | €141,950 | €141,499 | -€451 | -0.3% |
| Amounts payable within one year | 42/48 | €141,950 | €141,499 | -€451 | -0.3% |
| Financial debts | 43 | €152 | - | -€152 | |
| Credit institutions | 430/8 | €152 | - | -€152 | |
| Trade debts | 44 | €1,838 | €6,820 | +€4,982 | +271% |
| Suppliers | 440/4 | €1,838 | €6,820 | +€4,982 | +271% |
| Taxes, remuneration and social security | 45 | €392 | €449 | +€56 | +14.3% |
| Taxes | 450/3 | €392 | €449 | +€56 | +14.3% |
| Other amounts payable | 47/48 | €139,568 | €134,231 | -€5,337 | -3.8% |
| Gross operating margin | 9900 | -€3,583 | €1,705 | +€5,288 | |
| Operating profit (loss) | 9901 | -€3,583 | €1,705 | +€5,288 | |
| Financial charges | 65/66B | €395 | €175 | -€220 | -55.7% |
| Recurring financial charges | 65 | €395 | €175 | -€220 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,978 | €1,530 | +€5,507 | |
| Profit (loss) for the period | 9904 | -€3,978 | €1,530 | +€5,507 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,978 | €1,530 | +€5,507 |
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 31 October 2026 via checked.be.