Ver-Van: what changed
Two fiscal 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.
What changed
Ver-Van
NACE 56.111, Full-service restaurants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€155,109
2024 · €114,472+€40,637
Equity
€1.0m
2024 · €912,457+€94,013
Cash
€931,412
2024 · €837,916+€93,497
Balance sheet total
€1.3m
2024 · €1.2m+€135,511
Largest movements
Assets
- Current investments +€100,000
new in 2025: €100,000
- Cash +€93,497
up €93,497 (+11.2%), from €837,916 to €931,412
mainly Net result for the year (+€155,109) and Other debts (+€75,158)
- Tangible fixed assets -€44,577
down €44,577 (-20.1%), from €221,648 to €177,071
Equity and liabilities
- Reserves +€94,013
up €94,013 (+10.7%), from €882,457 to €976,469
of which Tax-exempt reserves: +€73,675
- Other debts +€75,158
up €75,158 (+216.1%), from €34,785 to €109,943
- Trade debts -€13,442
down €13,442 (-47.8%), from €28,128 to €14,687
Income statement
- Gross operating margin +€34,902
up €34,902 (+12.6%), from €276,273 to €311,175
- Staff costs -€9,198
down €9,198 (-16.2%), from €56,606 to €47,408
- Taxes +€7,965
up €7,965 (+21.1%), from €37,837 to €45,802
- Financial income +€7,810
up €7,810 (+1125.0%), from €694 to €8,504
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.
Result 2024
€114,472
Gross operating margin
+€34,902
Staff costs
+€9,198
Depreciation
-€3,064
Other operating charges
+€2,597
Other operating items
-€526
Financial income
+€7,810
Financial charges
-€2,313
Taxes
-€7,965
Result 2025
€155,109
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.
From operations
+€274,978
Investment
-€108,108
Financing
-€73,374
Cash 2024
€837,916
From operations (derived)
+€274,978
Net result for the year
+€155,109
Depreciation
+€58,006
Stocks and contracts
-€1,109
Receivables within one year
+€7,631
Deferred charges and accrued income
+€1,565
Trade debts
-€13,442
Tax, wage and social debts
-€3,660
Other debts
+€75,158
Accrued charges and deferred income
-€4,280
Investment (derived)
-€108,108
Investment in fixed assets (net)
-€8,108
Current investments
-€100,000
Financing
-€73,374
Debts after one year
-€11,436
Current portion of long-term debt
+€20
Short-term financial debts
-€861
Contributions, distributions and other
-€61,097
Cash 2025
€931,412
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,151,268 | €1,286,779 | +€135,511 | +11.8% |
| Fixed assets | 21/28 | €272,581 | €222,682 | -€49,899 | -18.3% |
| Intangible fixed assets | 21 | €45,293 | €39,971 | -€5,322 | -11.7% |
| Tangible fixed assets | 22/27 | €221,648 | €177,071 | -€44,577 | -20.1% |
| Plant, machinery and equipment | 23 | €37,718 | €27,167 | -€10,551 | -28.0% |
| Furniture and vehicles | 24 | €31,544 | €27,459 | -€4,085 | -13.0% |
| Leasing and similar rights | 25 | €33,167 | €24,470 | -€8,697 | -26.2% |
| Other tangible fixed assets | 26 | €119,219 | €97,975 | -€21,244 | -17.8% |
| Financial fixed assets | 28 | €5,640 | €5,640 | = | 0.0% |
| Current assets | 29/58 | €878,687 | €1,064,097 | +€185,410 | +21.1% |
| Stocks and contracts in progress | 3 | €24,306 | €25,415 | +€1,109 | +4.6% |
| Stocks | 30/36 | €24,306 | €25,415 | +€1,109 | +4.6% |
| Amounts receivable within one year | 40/41 | €12,179 | €4,547 | -€7,631 | -62.7% |
| Trade receivables | 40 | €5,016 | €2,689 | -€2,327 | -46.4% |
| Other amounts receivable | 41 | €7,163 | €1,859 | -€5,304 | -74.1% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €837,916 | €931,412 | +€93,497 | +11.2% |
| Deferred charges and accrued income | 490/1 | €4,287 | €2,722 | -€1,565 | -36.5% |
| Total equity and liabilities | 10/49 | €1,151,268 | €1,286,779 | +€135,511 | +11.8% |
| Equity | 10/15 | €912,457 | €1,006,469 | +€94,013 | +10.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €882,457 | €976,469 | +€94,013 | +10.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | - | €73,675 | +€73,675 | |
| Distributable reserves | 133 | €882,457 | €902,794 | +€20,338 | +2.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €238,811 | €280,310 | +€41,499 | +17.4% |
| Amounts payable after more than one year | 17 | €120,568 | €109,133 | -€11,436 | -9.5% |
| Financial debts | 170/4 | €120,568 | €109,133 | -€11,436 | -9.5% |
| Amounts payable within one year | 42/48 | €97,221 | €154,436 | +€57,215 | +58.9% |
| Current portion of amounts payable after more than one year | 42 | €11,416 | €11,436 | +€20 | +0.2% |
| Financial debts | 43 | €1,210 | €349 | -€861 | -71.2% |
| Credit institutions | 430/8 | €1,210 | €349 | -€861 | -71.2% |
| Trade debts | 44 | €28,128 | €14,687 | -€13,442 | -47.8% |
| Suppliers | 440/4 | €28,128 | €14,687 | -€13,442 | -47.8% |
| Taxes, remuneration and social security | 45 | €21,681 | €18,021 | -€3,660 | -16.9% |
| Taxes | 450/3 | €15,978 | €16,134 | +€157 | +1.0% |
| Remuneration and social security | 454/9 | €5,704 | €1,887 | -€3,817 | -66.9% |
| Other amounts payable | 47/48 | €34,785 | €109,943 | +€75,158 | +216.1% |
| Accrued charges and deferred income | 492/3 | €21,022 | €16,742 | -€4,280 | -20.4% |
| Remuneration, social security and pensions | 62 | €56,606 | €47,408 | -€9,198 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,942 | €58,006 | +€3,064 | +5.6% |
| Other operating charges | 640/8 | €5,152 | €2,555 | -€2,597 | -50.4% |
| Non-recurring operating charges | 66A | €0 | €526 | +€526 | |
| Gross operating margin | 9900 | €276,273 | €311,175 | +€34,902 | +12.6% |
| Operating profit (loss) | 9901 | €159,573 | €202,678 | +€43,106 | +27.0% |
| Financial income | 75/76B | €694 | €8,504 | +€7,810 | +1125.0% |
| Recurring financial income | 75 | €694 | €8,504 | +€7,810 | +1125.0% |
| Financial charges | 65/66B | €7,958 | €10,271 | +€2,313 | +29.1% |
| Recurring financial charges | 65 | €7,958 | €10,271 | +€2,313 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €152,310 | €200,912 | +€48,602 | +31.9% |
| Income taxes | 67/77 | €37,837 | €45,802 | +€7,965 | +21.1% |
| Profit (loss) for the period | 9904 | €114,472 | €155,109 | +€40,637 | +35.5% |
| Transfer to tax-exempt reserves | 689 | - | €73,675 | +€73,675 | |
| Profit (loss) for the period to be appropriated | 9905 | €114,472 | €81,434 | -€33,038 | -28.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.