Ria Verheyen: what changed
Ria Verheyen
Largest movements
- Current investments +€323,536
up €323,536 (+70.6%), from €458,278 to €781,814
- Cash -€235,783
down €235,783 (-63.1%), from €373,423 to €137,639
mainly Current investments (-€323,536) and Tax, wage and social debts (-€24,399)
- Tangible fixed assets -€16,563
down €16,563 (-33.3%), from €49,688 to €33,125
- Reserves +€95,611
up €95,611 (+11.4%), from €836,814 to €932,425
of which Distributable reserves: +€95,611
- Tax, wage and social debts -€24,399
down €24,399 (-78.2%), from €31,201 to €6,802
of which Taxes: -€22,010
- Gross operating margin -€85,547
down €85,547 (-38.7%), from €221,000 to €135,453
- Taxes -€20,923
down €20,923 (-31.6%), from €66,227 to €45,305
- Financial income +€18,840
up €18,840 (+341%), from €5,522 to €24,361
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 | €881,389 | €952,579 | +€71,190 | +8.1% |
| Fixed assets | 21/28 | €49,688 | €33,125 | -€16,563 | -33.3% |
| Tangible fixed assets | 22/27 | €49,688 | €33,125 | -€16,563 | -33.3% |
| Furniture and vehicles | 24 | €49,688 | €33,125 | -€16,563 | -33.3% |
| Current assets | 29/58 | €831,701 | €919,453 | +€87,753 | +10.6% |
| Current investments | 50/53 | €458,278 | €781,814 | +€323,536 | +70.6% |
| Cash at bank and in hand | 54/58 | €373,423 | €137,639 | -€235,783 | -63.1% |
| Total equity and liabilities | 10/49 | €881,389 | €952,579 | +€71,190 | +8.1% |
| Equity | 10/15 | €849,214 | €944,825 | +€95,611 | +11.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €836,814 | €932,425 | +€95,611 | +11.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Other | 1319 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €834,959 | €930,570 | +€95,611 | +11.5% |
| Amounts payable | 17/49 | €32,175 | €7,754 | -€24,421 | -75.9% |
| Amounts payable within one year | 42/48 | €32,175 | €7,754 | -€24,421 | -75.9% |
| Trade debts | 44 | €974 | €952 | -€22 | -2.2% |
| Suppliers | 440/4 | €974 | €952 | -€22 | -2.2% |
| Taxes, remuneration and social security | 45 | €31,201 | €6,802 | -€24,399 | -78.2% |
| Taxes | 450/3 | €28,812 | €6,802 | -€22,010 | -76.4% |
| Remuneration and social security | 454/9 | €2,389 | - | -€2,389 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,563 | €16,563 | = | 0.0% |
| Other operating charges | 640/8 | €1,362 | €500 | -€862 | -63.3% |
| Gross operating margin | 9900 | €221,000 | €135,453 | -€85,547 | -38.7% |
| Operating profit (loss) | 9901 | €203,076 | €118,390 | -€84,686 | -41.7% |
| Financial income | 75/76B | €5,522 | €24,361 | +€18,840 | +341% |
| Recurring financial income | 75 | €5,522 | €24,361 | +€18,840 | +341% |
| Financial charges | 65/66B | €520 | €1,836 | +€1,317 | +253% |
| Recurring financial charges | 65 | €520 | €1,836 | +€1,317 | +253% |
| Profit (loss) for the period before taxes | 9903 | €208,078 | €140,915 | -€67,163 | -32.3% |
| Income taxes | 67/77 | €66,227 | €45,305 | -€20,923 | -31.6% |
| Profit (loss) for the period | 9904 | €141,851 | €95,611 | -€46,240 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €141,851 | €95,611 | -€46,240 | -32.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.