GROEP VERVALO: 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.
GROEP VERVALO
Largest movements
- Receivables within one year -€12,373
down €12,373 (-8.6%), from €144,156 to €131,782
of which Trade receivables: -€10,126
- Tangible fixed assets -€8,322
down €8,322 (-3.4%), from €242,061 to €233,739
- Trade debts -€10,126
down €10,126 (-33.7%), from €30,022 to €19,896
- Reserves -€9,630
down €9,630 (-6.7%), from €144,385 to €134,756
of which Tax-exempt reserves: -€5,749
- Gross operating margin -€2,823
down €2,823, from €690 to -€2,133
- Other operating charges +€838
up €838 (+49.1%), from €1,708 to €2,546
- Financial income +€66
up €66 (+4.7%), from €1,413 to €1,479
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 | €389,114 | €367,442 | -€21,672 | -5.6% |
| Fixed assets | 21/28 | €242,061 | €233,739 | -€8,322 | -3.4% |
| Tangible fixed assets | 22/27 | €242,061 | €233,739 | -€8,322 | -3.4% |
| Land and buildings | 22 | €242,061 | €233,739 | -€8,322 | -3.4% |
| Current assets | 29/58 | €147,053 | €133,703 | -€13,350 | -9.1% |
| Amounts receivable within one year | 40/41 | €144,156 | €131,782 | -€12,373 | -8.6% |
| Trade receivables | 40 | €30,022 | €19,896 | -€10,126 | -33.7% |
| Other amounts receivable | 41 | €114,134 | €111,887 | -€2,248 | -2.0% |
| Cash at bank and in hand | 54/58 | €445 | €338 | -€106 | -23.9% |
| Deferred charges and accrued income | 490/1 | €2,452 | €1,582 | -€870 | -35.5% |
| Total equity and liabilities | 10/49 | €389,114 | €367,442 | -€21,672 | -5.6% |
| Equity | 10/15 | €321,718 | €312,089 | -€9,630 | -3.0% |
| Contributions | 10/11 | €177,333 | €177,333 | = | 0.0% |
| Capital | 10 | €177,333 | €177,333 | = | 0.0% |
| Issued capital | 100 | €177,333 | €177,333 | = | 0.0% |
| Reserves | 13 | €144,385 | €134,756 | -€9,630 | -6.7% |
| Non-distributable reserves | 130/1 | €6,815 | €6,815 | = | 0.0% |
| Legal reserve | 130 | €6,815 | €6,815 | = | 0.0% |
| Tax-exempt reserves | 132 | €112,121 | €106,372 | -€5,749 | -5.1% |
| Distributable reserves | 133 | €25,449 | €21,569 | -€3,880 | -15.2% |
| Provisions and deferred taxes | 16 | €37,374 | €35,457 | -€1,916 | -5.1% |
| Deferred taxes | 168 | €37,374 | €35,457 | -€1,916 | -5.1% |
| Amounts payable | 17/49 | €30,022 | €19,896 | -€10,126 | -33.7% |
| Amounts payable within one year | 42/48 | €30,022 | €19,896 | -€10,126 | -33.7% |
| Trade debts | 44 | €30,022 | €19,896 | -€10,126 | -33.7% |
| Suppliers | 440/4 | €30,022 | €19,896 | -€10,126 | -33.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,322 | €8,322 | = | 0.0% |
| Other operating charges | 640/8 | €1,708 | €2,546 | +€838 | +49.1% |
| Gross operating margin | 9900 | €690 | -€2,133 | -€2,823 | |
| Operating profit (loss) | 9901 | -€9,340 | -€13,001 | -€3,661 | -39.2% |
| Financial income | 75/76B | €1,413 | €1,479 | +€66 | +4.7% |
| Recurring financial income | 75 | €1,413 | €1,479 | +€66 | +4.7% |
| Financial charges | 65/66B | €24 | €24 | +€0 | +0.1% |
| Recurring financial charges | 65 | €24 | €24 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,951 | -€11,546 | -€3,595 | -45.2% |
| Transfer from deferred taxes | 780 | €1,916 | €1,916 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€6,035 | -€9,630 | -€3,595 | -59.6% |
| Transfer from tax-exempt reserves | 789 | €5,749 | €5,749 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€286 | -€3,880 | -€3,595 | -1,258% |
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.