VEERLE: 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.
VEERLE
Largest movements
- Receivables within one year -€64,704
down €64,704 (-48.7%), from €132,959 to €68,255
of which Other amounts receivable: -€65,999
- Cash +€13,671
up €13,671 (+2400.3%), from €570 to €14,240
mainly Receivables within one year (+€64,704) and Deferred charges and accrued income (+€9,916)
- Deferred charges and accrued income -€9,916
down €9,916 (-100.0%), from €9,916 to €0
- Tangible fixed assets -€4,798
down €4,798 (-5.9%), from €81,717 to €76,920
- Other debts -€63,810
down €63,810 (-30.1%), from €212,144 to €148,333
- Profit (loss) carried forward -€15,333
down €15,333, from €3,687 to -€11,645
- Contributions +€12,403
up €12,403 (+200.1%), from €6,197 to €18,600
- Other operating charges +€39,861
up €39,861 (+1470.4%), from €2,711 to €42,572
- Gross operating margin +€36,079
up €36,079 (+403.0%), from €8,952 to €45,032
- Financial charges -€7,361
down €7,361 (-87.1%), from €8,453 to €1,092
- Financial income +€500
up €500 (+4999900.0%), from €0 to €500
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.
Cash bridge derived
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 | €227,027 | €161,280 | -€65,747 | -29.0% |
| Fixed assets | 21/28 | €83,583 | €78,785 | -€4,798 | -5.7% |
| Tangible fixed assets | 22/27 | €81,717 | €76,920 | -€4,798 | -5.9% |
| Land and buildings | 22 | €81,717 | €76,920 | -€4,798 | -5.9% |
| Financial fixed assets | 28 | €1,865 | €1,865 | = | 0.0% |
| Current assets | 29/58 | €143,444 | €82,495 | -€60,949 | -42.5% |
| Amounts receivable within one year | 40/41 | €132,959 | €68,255 | -€64,704 | -48.7% |
| Trade receivables | 40 | €1,205 | €2,500 | +€1,295 | +107.5% |
| Other amounts receivable | 41 | €131,754 | €65,755 | -€65,999 | -50.1% |
| Cash at bank and in hand | 54/58 | €570 | €14,240 | +€13,671 | +2400.3% |
| Deferred charges and accrued income | 490/1 | €9,916 | €0 | -€9,916 | -100.0% |
| Total equity and liabilities | 10/49 | €227,027 | €161,280 | -€65,747 | -29.0% |
| Equity | 10/15 | €11,744 | €8,814 | -€2,930 | -24.9% |
| Contributions | 10/11 | €6,197 | €18,600 | +€12,403 | +200.1% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,687 | -€11,645 | -€15,333 | |
| Amounts payable | 17/49 | €215,283 | €152,466 | -€62,817 | -29.2% |
| Amounts payable within one year | 42/48 | €215,283 | €152,466 | -€62,817 | -29.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,661 | €4,030 | +€1,369 | +51.5% |
| Suppliers | 440/4 | €2,661 | €4,030 | +€1,369 | +51.5% |
| Taxes, remuneration and social security | 45 | €478 | €103 | -€376 | -78.5% |
| Taxes | 450/3 | €478 | €103 | -€376 | -78.5% |
| Other amounts payable | 47/48 | €212,144 | €148,333 | -€63,810 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,798 | €4,798 | = | 0.0% |
| Other operating charges | 640/8 | €2,711 | €42,572 | +€39,861 | +1470.4% |
| Gross operating margin | 9900 | €8,952 | €45,032 | +€36,079 | +403.0% |
| Operating profit (loss) | 9901 | €1,444 | -€2,338 | -€3,782 | |
| Financial income | 75/76B | €0 | €500 | +€500 | +4999900.0% |
| Recurring financial income | 75 | €0 | €500 | +€500 | +4999900.0% |
| Financial charges | 65/66B | €8,453 | €1,092 | -€7,361 | -87.1% |
| Recurring financial charges | 65 | €8,453 | €1,092 | -€7,361 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,009 | -€2,930 | +€4,079 | +58.2% |
| Profit (loss) for the period | 9904 | -€7,009 | -€2,930 | +€4,079 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,009 | -€2,930 | +€4,079 | +58.2% |
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 11 October 2026 via checked.be.