Verace Consulting: 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.
Verace Consulting
Largest movements
- Stocks and contracts +€8,955
up €8,955 (+148%), from €6,042 to €14,996
- Tangible fixed assets -€4,573
down €4,573 (-17.7%), from €25,772 to €21,199
of which Land and buildings: -€4,590
- Receivables within one year +€1,385
up €1,385 (+292%), from €474 to €1,859
of which Trade receivables: +€1,410
- Cash -€1,056
down €1,056 (-28.8%), from €3,666 to €2,610
mainly Stocks and contracts (-€8,955) and Short-term financial debts (-€5,188)
- Financial fixed assets +€1,000
up €1,000 (+200%), from €500 to €1,500
- Trade debts +€5,679
up €5,679 (+96.4%), from €5,892 to €11,570
- Short-term financial debts -€5,188
no longer reported in 2025 (was €5,188)
- Debts after one year +€5,000
up €5,000 (+37.5%), from €13,320 to €18,320
- Tax, wage and social debts -€1,927
down €1,927 (-41.0%), from €4,696 to €2,769
- Profit (loss) carried forward +€1,274
up €1,274 (+8.5%), from -€14,926 to -€13,652
- Financial income +€4,866
up €4,866 (+1,039%), from €468 to €5,335
of which Non-recurring financial income: +€5,000
- Gross operating margin +€3,463
up €3,463 (+129%), from €2,675 to €6,139
- Other operating charges -€1,259
down €1,259 (-25.4%), from €4,954 to €3,695
- Depreciation -€581
down €581 (-9.4%), from €6,181 to €5,600
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 | €37,532 | €42,633 | +€5,101 | +13.6% |
| Formation expenses | 20 | €676 | - | -€676 | |
| Fixed assets | 21/28 | €26,272 | €22,699 | -€3,573 | -13.6% |
| Tangible fixed assets | 22/27 | €25,772 | €21,199 | -€4,573 | -17.7% |
| Land and buildings | 22 | €25,506 | €20,916 | -€4,590 | -18.0% |
| Plant, machinery and equipment | 23 | €266 | €283 | +€17 | +6.3% |
| Financial fixed assets | 28 | €500 | €1,500 | +€1,000 | +200% |
| Current assets | 29/58 | €10,584 | €19,935 | +€9,350 | +88.3% |
| Stocks and contracts in progress | 3 | €6,042 | €14,996 | +€8,955 | +148% |
| Stocks | 30/36 | €6,042 | €14,996 | +€8,955 | +148% |
| Amounts receivable within one year | 40/41 | €474 | €1,859 | +€1,385 | +292% |
| Trade receivables | 40 | €449 | €1,859 | +€1,410 | +314% |
| Other amounts receivable | 41 | €25 | - | -€25 | |
| Cash at bank and in hand | 54/58 | €3,666 | €2,610 | -€1,056 | -28.8% |
| Deferred charges and accrued income | 490/1 | €403 | €470 | +€66 | +16.4% |
| Total equity and liabilities | 10/49 | €37,532 | €42,633 | +€5,101 | +13.6% |
| Equity | 10/15 | -€8,726 | -€7,452 | +€1,274 | +14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,926 | -€13,652 | +€1,274 | +8.5% |
| Amounts payable | 17/49 | €46,258 | €50,086 | +€3,827 | +8.3% |
| Amounts payable after more than one year | 17 | €13,320 | €18,320 | +€5,000 | +37.5% |
| Financial debts | 170/4 | €13,320 | €18,320 | +€5,000 | +37.5% |
| Amounts payable within one year | 42/48 | €31,688 | €30,516 | -€1,173 | -3.7% |
| Financial debts | 43 | €5,188 | - | -€5,188 | |
| Credit institutions | 430/8 | €5,188 | - | -€5,188 | |
| Trade debts | 44 | €5,892 | €11,570 | +€5,679 | +96.4% |
| Suppliers | 440/4 | €5,892 | €11,570 | +€5,679 | +96.4% |
| Taxes, remuneration and social security | 45 | €4,696 | €2,769 | -€1,927 | -41.0% |
| Taxes | 450/3 | €4,696 | €2,769 | -€1,927 | -41.0% |
| Other amounts payable | 47/48 | €15,913 | €16,176 | +€263 | +1.7% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,181 | €5,600 | -€581 | -9.4% |
| Other operating charges | 640/8 | €4,954 | €3,695 | -€1,259 | -25.4% |
| Gross operating margin | 9900 | €2,675 | €6,139 | +€3,463 | +129% |
| Operating profit (loss) | 9901 | -€8,459 | -€3,157 | +€5,303 | +62.7% |
| Financial income | 75/76B | €468 | €5,335 | +€4,866 | +1,039% |
| Recurring financial income | 75 | €468 | €335 | -€134 | -28.5% |
| Non-recurring financial income | 76B | - | €5,000 | +€5,000 | |
| Financial charges | 65/66B | €947 | €904 | -€43 | -4.5% |
| Recurring financial charges | 65 | €947 | €904 | -€43 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,938 | €1,274 | +€10,212 | |
| Profit (loss) for the period | 9904 | -€8,938 | €1,274 | +€10,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,938 | €1,274 | +€10,212 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.