HERMAN VERSCHOOTEN: 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.
HERMAN VERSCHOOTEN
Largest movements
- Cash -€19,839
down €19,839 (-34.0%), from €58,295 to €38,456
mainly Net result for the year (-€23,444) and Other debts (-€2,351)
- Receivables within one year -€2,777
down €2,777 (-32.4%), from €8,574 to €5,797
- Profit (loss) carried forward -€23,444
down €23,444 (-19.1%), from -€122,496 to -€145,940
- Tax, wage and social debts +€3,622
up €3,622 (+128%), from €2,838 to €6,460
of which Remuneration and social security: +€3,622
- Other debts -€2,351
no longer reported in 2025 (was €2,351)
- Gross operating margin -€4,252
down €4,252 (-23.2%), from -€18,346 to -€22,598
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 | €72,762 | €50,586 | -€22,176 | -30.5% |
| Current assets | 29/58 | €72,762 | €50,586 | -€22,176 | -30.5% |
| Stocks and contracts in progress | 3 | €5,894 | €6,333 | +€439 | +7.4% |
| Stocks | 30/36 | €5,894 | €6,333 | +€439 | +7.4% |
| Amounts receivable within one year | 40/41 | €8,574 | €5,797 | -€2,777 | -32.4% |
| Other amounts receivable | 41 | €8,574 | €5,797 | -€2,777 | -32.4% |
| Cash at bank and in hand | 54/58 | €58,295 | €38,456 | -€19,839 | -34.0% |
| Total equity and liabilities | 10/49 | €72,762 | €50,586 | -€22,176 | -30.5% |
| Equity | 10/15 | €67,548 | €44,104 | -€23,444 | -34.7% |
| Contributions | 10/11 | €145,859 | €145,859 | = | 0.0% |
| Reserves | 13 | €44,185 | €44,185 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,556 | €14,556 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,556 | €14,556 | = | 0.0% |
| Distributable reserves | 133 | €29,629 | €29,629 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,496 | -€145,940 | -€23,444 | -19.1% |
| Amounts payable | 17/49 | €5,215 | €6,482 | +€1,267 | +24.3% |
| Amounts payable within one year | 42/48 | €5,215 | €6,482 | +€1,267 | +24.3% |
| Trade debts | 44 | €27 | €22 | -€5 | -17.0% |
| Suppliers | 440/4 | €27 | €22 | -€5 | -17.0% |
| Taxes, remuneration and social security | 45 | €2,838 | €6,460 | +€3,622 | +128% |
| Taxes | 450/3 | €2,838 | €2,838 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €3,622 | +€3,622 | |
| Other amounts payable | 47/48 | €2,351 | - | -€2,351 | |
| Other operating charges | 640/8 | €796 | €689 | -€107 | -13.5% |
| Gross operating margin | 9900 | -€18,346 | -€22,598 | -€4,252 | -23.2% |
| Operating profit (loss) | 9901 | -€19,142 | -€23,287 | -€4,145 | -21.7% |
| Financial income | 75/76B | €106 | €1 | -€104 | -98.7% |
| Recurring financial income | 75 | €106 | €1 | -€104 | -98.7% |
| Financial charges | 65/66B | €226 | €158 | -€68 | -30.0% |
| Recurring financial charges | 65 | €226 | €158 | -€68 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,263 | -€23,444 | -€4,181 | -21.7% |
| Profit (loss) for the period | 9904 | -€19,263 | -€23,444 | -€4,181 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,263 | -€23,444 | -€4,181 | -21.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.