VERA: 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.
VERA
Largest movements
- Financial fixed assets -€17,046
down €17,046 (-16.0%), from €106,226 to €89,180
- Profit (loss) carried forward -€37,015
down €37,015 (-93.7%), from -€39,490 to -€76,505
- Other debts +€21,020
up €21,020 (+18.6%), from €112,912 to €133,932
- Financial charges +€17,292
up €17,292 (+11,282%), from €153 to €17,445
of which Non-recurring financial charges: +€17,046
- Taxes +€16,703
up €16,703 (+23,722%), from €70 to €16,773
- Other operating charges +€1,087
up €1,087 (+111%), from €982 to €2,069
- Gross operating margin -€75
down €75 (-11.2%), from -€671 to -€746
- Financial income +€18
new in 2025: €18
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 | €118,796 | €102,655 | -€16,141 | -13.6% |
| Fixed assets | 21/28 | €106,226 | €89,180 | -€17,046 | -16.0% |
| Financial fixed assets | 28 | €106,226 | €89,180 | -€17,046 | -16.0% |
| Current assets | 29/58 | €12,569 | €13,475 | +€905 | +7.2% |
| Cash at bank and in hand | 54/58 | €12,569 | €13,475 | +€905 | +7.2% |
| Total equity and liabilities | 10/49 | €118,796 | €102,655 | -€16,141 | -13.6% |
| Equity | 10/15 | €5,610 | -€31,405 | -€37,015 | |
| Contributions | 10/11 | €45,100 | €45,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,490 | -€76,505 | -€37,015 | -93.7% |
| Amounts payable | 17/49 | €113,186 | €134,059 | +€20,874 | +18.4% |
| Amounts payable within one year | 42/48 | €113,186 | €134,059 | +€20,874 | +18.4% |
| Taxes, remuneration and social security | 45 | €273 | €127 | -€146 | -53.5% |
| Taxes | 450/3 | €273 | €127 | -€146 | -53.5% |
| Other amounts payable | 47/48 | €112,912 | €133,932 | +€21,020 | +18.6% |
| Other operating charges | 640/8 | €982 | €2,069 | +€1,087 | +111% |
| Gross operating margin | 9900 | -€671 | -€746 | -€75 | -11.2% |
| Operating profit (loss) | 9901 | -€1,653 | -€2,815 | -€1,162 | -70.3% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €153 | €17,445 | +€17,292 | +11,282% |
| Recurring financial charges | 65 | €153 | €398 | +€245 | +160% |
| Non-recurring financial charges | 66B | - | €17,046 | +€17,046 | |
| Profit (loss) for the period before taxes | 9903 | -€1,807 | -€20,242 | -€18,435 | -1,020% |
| Income taxes | 67/77 | €70 | €16,773 | +€16,703 | +23,722% |
| Profit (loss) for the period | 9904 | -€1,877 | -€37,015 | -€35,138 | -1,872% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,877 | -€37,015 | -€35,138 | -1,872% |
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 16 October 2026 via checked.be.