S & T VERHOOGEN: what changed
What changed
S & T VERHOOGEN
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€398,545
2024 · €429,018-€30,473
Equity
€4.5m
2024 · €4.1m+€398,545
Cash
-
not filed
Balance sheet total
€15.0m
2024 · €15.3m-€269,928
Largest movements
Assets
- Tangible fixed assets -€218,641
down €218,641 (-4.1%), from €5.4m to €5.2m
Equity and liabilities
- Debts after one year -€750,000
down €750,000 (-7.3%), from €10.2m to €9.5m
- Profit (loss) carried forward +€398,545
up €398,545 (+10.4%), from €3.8m to €4.2m
Income statement
- Gross operating margin -€193,064
down €193,064 (-18.1%), from €1.1m to €874,138
- Financial charges -€187,039
down €187,039 (-34.5%), from €541,507 to €354,468
- Financial income -€35,313
down €35,313 (-12.4%), from €284,820 to €249,507
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.
Result 2024
€429,018
Gross operating margin
-€193,064
Depreciation
+€1,630
Other operating charges
-€921
Financial income
-€35,313
Financial charges
+€187,039
Taxes
+€10,157
Result 2025
€398,545
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,284,457 | €15,014,528 | -€269,928 | -1.8% |
| Fixed assets | 21/28 | €12,353,687 | €12,135,047 | -€218,641 | -1.8% |
| Tangible fixed assets | 22/27 | €5,374,687 | €5,156,047 | -€218,641 | -4.1% |
| Land and buildings | 22 | €5,374,687 | €5,156,047 | -€218,641 | -4.1% |
| Financial fixed assets | 28 | €6,979,000 | €6,979,000 | = | 0.0% |
| Current assets | 29/58 | €2,930,769 | €2,879,482 | -€51,288 | -1.7% |
| Amounts receivable within one year | 40/41 | €2,859,765 | €2,755,200 | -€104,564 | -3.7% |
| Trade receivables | 40 | €142,067 | €203,161 | +€61,095 | +43.0% |
| Other amounts receivable | 41 | €2,717,698 | €2,552,039 | -€165,659 | -6.1% |
| Deferred charges and accrued income | 490/1 | €71,005 | €124,281 | +€53,277 | +75.0% |
| Total equity and liabilities | 10/49 | €15,284,457 | €15,014,528 | -€269,928 | -1.8% |
| Equity | 10/15 | €4,094,645 | €4,493,191 | +€398,545 | +9.7% |
| Contributions | 10/11 | €133,870 | €133,870 | = | 0.0% |
| Capital | 10 | €133,870 | €133,870 | = | 0.0% |
| Issued capital | 100 | €133,870 | €133,870 | = | 0.0% |
| Reserves | 13 | €138,387 | €138,387 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,387 | €13,387 | = | 0.0% |
| Legal reserve | 130 | €13,387 | €13,387 | = | 0.0% |
| Distributable reserves | 133 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,822,388 | €4,220,934 | +€398,545 | +10.4% |
| Amounts payable | 17/49 | €11,189,811 | €10,521,338 | -€668,474 | -6.0% |
| Amounts payable after more than one year | 17 | €10,237,500 | €9,487,500 | -€750,000 | -7.3% |
| Financial debts | 170/4 | €10,237,500 | €9,487,500 | -€750,000 | -7.3% |
| Amounts payable within one year | 42/48 | €747,191 | €786,393 | +€39,203 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €710,000 | €750,000 | +€40,000 | +5.6% |
| Trade debts | 44 | €13,870 | €20,538 | +€6,668 | +48.1% |
| Suppliers | 440/4 | €13,870 | €20,538 | +€6,668 | +48.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €23,321 | €15,855 | -€7,465 | -32.0% |
| Taxes | 450/3 | €23,321 | €15,855 | -€7,465 | -32.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €205,121 | €247,444 | +€42,324 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,271 | €218,641 | -€1,630 | -0.7% |
| Other operating charges | 640/8 | €18,220 | €19,141 | +€921 | +5.1% |
| Gross operating margin | 9900 | €1,067,202 | €874,138 | -€193,064 | -18.1% |
| Operating profit (loss) | 9901 | €828,711 | €636,356 | -€192,355 | -23.2% |
| Financial income | 75/76B | €284,820 | €249,507 | -€35,313 | -12.4% |
| Recurring financial income | 75 | €284,820 | €249,507 | -€35,313 | -12.4% |
| Financial charges | 65/66B | €541,507 | €354,468 | -€187,039 | -34.5% |
| Recurring financial charges | 65 | €541,507 | €354,468 | -€187,039 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €572,024 | €531,395 | -€40,629 | -7.1% |
| Income taxes | 67/77 | €143,006 | €132,849 | -€10,157 | -7.1% |
| Profit (loss) for the period | 9904 | €429,018 | €398,545 | -€30,473 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €429,018 | €398,545 | -€30,473 | -7.1% |
Next steps
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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 5 November 2026 via checked.be.