VEERLE SABLON: what changed
VEERLE SABLON
Largest movements
- Current investments +€151,148
up €151,148 (+1,203%), from €12,560 to €163,707
- Cash -€107,434
down €107,434 (-50.5%), from €212,748 to €105,314
mainly Current investments (-€151,148) and Contributions, distributions and other (-€45,502)
- Tangible fixed assets -€10,863
down €10,863 (-17.8%), from €60,859 to €49,996
of which Furniture and vehicles: -€8,790
- Receivables within one year +€4,799
up €4,799 (+11.1%), from €43,395 to €48,194
of which Trade receivables: +€4,296
- Other debts +€41,779
up €41,779 (+98.8%), from €42,285 to €84,063
- Tax, wage and social debts -€15,190
down €15,190 (-56.1%), from €27,057 to €11,866
- Reserves +€11,116
up €11,116 (+4.9%), from €226,973 to €238,089
of which Distributable reserves: +€11,116
- Gross operating margin -€24,140
down €24,140 (-20.5%), from €117,503 to €93,363
- Taxes -€7,392
down €7,392 (-23.8%), from €31,125 to €23,733
- Depreciation +€6,002
up €6,002 (+78.8%), from €7,621 to €13,623
- Financial income +€1,582
up €1,582 (+2,269%), from €70 to €1,652
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 | €337,486 | €375,360 | +€37,874 | +11.2% |
| Fixed assets | 21/28 | €60,859 | €49,996 | -€10,863 | -17.8% |
| Tangible fixed assets | 22/27 | €60,859 | €49,996 | -€10,863 | -17.8% |
| Furniture and vehicles | 24 | €46,558 | €37,768 | -€8,790 | -18.9% |
| Other tangible fixed assets | 26 | €14,300 | €12,228 | -€2,073 | -14.5% |
| Current assets | 29/58 | €276,627 | €325,364 | +€48,737 | +17.6% |
| Amounts receivable within one year | 40/41 | €43,395 | €48,194 | +€4,799 | +11.1% |
| Trade receivables | 40 | €43,382 | €47,677 | +€4,296 | +9.9% |
| Other amounts receivable | 41 | €14 | €517 | +€503 | +3,661% |
| Current investments | 50/53 | €12,560 | €163,707 | +€151,148 | +1,203% |
| Cash at bank and in hand | 54/58 | €212,748 | €105,314 | -€107,434 | -50.5% |
| Deferred charges and accrued income | 490/1 | €7,924 | €8,149 | +€225 | +2.8% |
| Total equity and liabilities | 10/49 | €337,486 | €375,360 | +€37,874 | +11.2% |
| Equity | 10/15 | €264,581 | €275,697 | +€11,116 | +4.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €226,973 | €238,089 | +€11,116 | +4.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €226,973 | €238,089 | +€11,116 | +4.9% |
| Profit (loss) carried forward | 14 | €25,208 | €25,208 | = | 0.0% |
| Amounts payable | 17/49 | €72,905 | €99,663 | +€26,758 | +36.7% |
| Amounts payable within one year | 42/48 | €72,905 | €99,663 | +€26,758 | +36.7% |
| Financial debts | 43 | €150 | €0 | -€150 | -100% |
| Credit institutions | 430/8 | €150 | €0 | -€150 | -100% |
| Trade debts | 44 | €3,414 | €3,733 | +€319 | +9.3% |
| Suppliers | 440/4 | €3,414 | €3,733 | +€319 | +9.3% |
| Taxes, remuneration and social security | 45 | €27,057 | €11,866 | -€15,190 | -56.1% |
| Taxes | 450/3 | €27,057 | €11,866 | -€15,190 | -56.1% |
| Other amounts payable | 47/48 | €42,285 | €84,063 | +€41,779 | +98.8% |
| Non-recurring operating income | 76A | €12,878 | €0 | -€12,878 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,621 | €13,623 | +€6,002 | +78.8% |
| Other operating charges | 640/8 | €1,396 | €960 | -€436 | -31.2% |
| Non-recurring operating charges | 66A | €62 | €0 | -€62 | -100% |
| Gross operating margin | 9900 | €117,503 | €93,363 | -€24,140 | -20.5% |
| Operating profit (loss) | 9901 | €108,424 | €78,780 | -€29,644 | -27.3% |
| Financial income | 75/76B | €70 | €1,652 | +€1,582 | +2,269% |
| Recurring financial income | 75 | €70 | €1,652 | +€1,582 | +2,269% |
| Financial charges | 65/66B | €54 | €81 | +€28 | +52.0% |
| Recurring financial charges | 65 | €54 | €81 | +€28 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | €108,440 | €80,351 | -€28,089 | -25.9% |
| Income taxes | 67/77 | €31,125 | €23,733 | -€7,392 | -23.8% |
| Profit (loss) for the period | 9904 | €77,315 | €56,618 | -€20,697 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,315 | €56,618 | -€20,697 | -26.8% |
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 5 November 2026 via checked.be.