Team Verdi: 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.
Team Verdi
Largest movements
- Stocks and contracts -€25,665
no longer reported in 2025 (was €25,665)
- Tangible fixed assets -€20,854
down €20,854 (-2.5%), from €822,221 to €801,367
- Receivables within one year -€18,049
down €18,049 (-79.3%), from €22,751 to €4,702
of which Trade receivables: -€9,804
- Profit (loss) carried forward -€52,292
down €52,292 (-245%), from -€21,380 to -€73,672
- Trade debts -€31,141
down €31,141 (-48.3%), from €64,430 to €33,290
- Other debts +€17,737
up €17,737 (+482%), from €3,681 to €21,418
- Debts after one year +€10,144
up €10,144 (+1.5%), from €672,216 to €682,360
- Gross operating margin -€64,385
down €64,385, from €41,358 to -€23,027
- Financial charges -€7,732
down €7,732 (-61.6%), from €12,560 to €4,828
- Write-downs -€4,439
no longer reported in 2025 (was €4,439)
- Depreciation -€2,844
down €2,844 (-12.0%), from €23,698 to €20,854
- Other operating charges -€2,417
down €2,417 (-35.3%), from €6,851 to €4,433
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 | €882,439 | €821,718 | -€60,721 | -6.9% |
| Fixed assets | 21/28 | €826,161 | €805,307 | -€20,854 | -2.5% |
| Tangible fixed assets | 22/27 | €822,221 | €801,367 | -€20,854 | -2.5% |
| Land and buildings | 22 | €822,221 | €801,367 | -€20,854 | -2.5% |
| Financial fixed assets | 28 | €3,940 | €3,940 | = | 0.0% |
| Current assets | 29/58 | €56,279 | €16,411 | -€39,867 | -70.8% |
| Stocks and contracts in progress | 3 | €25,665 | - | -€25,665 | |
| Stocks | 30/36 | €25,665 | - | -€25,665 | |
| Amounts receivable within one year | 40/41 | €22,751 | €4,702 | -€18,049 | -79.3% |
| Trade receivables | 40 | €13,352 | €3,548 | -€9,804 | -73.4% |
| Other amounts receivable | 41 | €9,399 | €1,154 | -€8,245 | -87.7% |
| Cash at bank and in hand | 54/58 | €4,613 | €624 | -€3,989 | -86.5% |
| Deferred charges and accrued income | 490/1 | €3,250 | €11,085 | +€7,835 | +241% |
| Total equity and liabilities | 10/49 | €882,439 | €821,718 | -€60,721 | -6.9% |
| Equity | 10/15 | €98,631 | €46,338 | -€52,292 | -53.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €11 | €11 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11 | €11 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11 | €11 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,380 | -€73,672 | -€52,292 | -245% |
| Amounts payable | 17/49 | €783,808 | €775,379 | -€8,429 | -1.1% |
| Amounts payable after more than one year | 17 | €672,216 | €682,360 | +€10,144 | +1.5% |
| Financial debts | 170/4 | €672,216 | €682,360 | +€10,144 | +1.5% |
| Amounts payable within one year | 42/48 | €108,809 | €90,204 | -€18,605 | -17.1% |
| Financial debts | 43 | €34,384 | €32,785 | -€1,599 | -4.6% |
| Credit institutions | 430/8 | €34,384 | €32,785 | -€1,599 | -4.6% |
| Trade debts | 44 | €64,430 | €33,290 | -€31,141 | -48.3% |
| Suppliers | 440/4 | €64,430 | €33,290 | -€31,141 | -48.3% |
| Taxes, remuneration and social security | 45 | €6,313 | €2,711 | -€3,602 | -57.1% |
| Taxes | 450/3 | €6,313 | €2,711 | -€3,602 | -57.1% |
| Other amounts payable | 47/48 | €3,681 | €21,418 | +€17,737 | +482% |
| Accrued charges and deferred income | 492/3 | €2,783 | €2,815 | +€32 | +1.2% |
| Non-recurring operating income | 76A | €103,000 | - | -€103,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,698 | €20,854 | -€2,844 | -12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,439 | - | -€4,439 | |
| Other operating charges | 640/8 | €6,851 | €4,433 | -€2,417 | -35.3% |
| Gross operating margin | 9900 | €41,358 | -€23,027 | -€64,385 | |
| Operating profit (loss) | 9901 | €6,369 | -€48,314 | -€54,684 | |
| Financial income | 75/76B | €5 | €985 | +€980 | +18,183% |
| Recurring financial income | 75 | €5 | €985 | +€980 | +18,183% |
| Financial charges | 65/66B | €12,560 | €4,828 | -€7,732 | -61.6% |
| Recurring financial charges | 65 | €12,560 | €4,828 | -€7,732 | -61.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,185 | -€52,157 | -€45,971 | -743% |
| Income taxes | 67/77 | €263 | €136 | -€127 | -48.4% |
| Profit (loss) for the period | 9904 | -€6,448 | -€52,292 | -€45,844 | -711% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,448 | -€52,292 | -€45,844 | -711% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.