VERACE ONE: 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.
VERACE ONE
Largest movements
- Receivables after one year +€21,363
up €21,363 (+12.0%), from €178,637 to €200,000
- Cash +€21,353
up €21,353 (+692.5%), from €3,083 to €24,436
- Tangible fixed assets -€19,415
down €19,415 (-79.6%), from €24,379 to €4,963
of which Furniture and vehicles: -€20,322
- Deferred charges and accrued income -€16,682
down €16,682 (-93.7%), from €17,802 to €1,120
- Receivables within one year +€6,995
new in 2024: €6,995
of which Trade receivables: +€6,985
- Debts after one year +€13,922
new in 2024: €13,922
- Tax, wage and social debts -€11,870
down €11,870 (-63.6%), from €18,657 to €6,787
of which Remuneration and social security: -€7,042
- Trade debts +€9,813
up €9,813 (+98.7%), from €9,941 to €19,755
- Short-term financial debts -€8,164
no longer reported in 2024 (was €8,164)
- Profit (loss) carried forward +€3,471
up €3,471 (+2.0%), from €171,580 to €175,051
- Staff costs -€21,172
down €21,172 (-43.8%), from €48,310 to €27,138
- Gross operating margin +€5,158
up €5,158 (+8.6%), from €59,884 to €65,042
- Depreciation +€4,737
up €4,737 (+29.3%), from €16,155 to €20,892
- Financial income -€4,062
down €4,062 (-86.2%), from €4,712 to €650
- Financial charges +€1,016
up €1,016 (+22.2%), from €4,578 to €5,595
From the 2023 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,342 | €237,514 | +€7,173 | +3.1% |
| Fixed assets | 21/28 | €28,580 | €4,963 | -€23,617 | -82.6% |
| Tangible fixed assets | 22/27 | €24,379 | €4,963 | -€19,415 | -79.6% |
| Plant, machinery and equipment | 23 | €682 | €1,589 | +€907 | +132.9% |
| Furniture and vehicles | 24 | €23,697 | €3,374 | -€20,322 | -85.8% |
| Financial fixed assets | 28 | €4,201 | €0 | -€4,201 | -100.0% |
| Current assets | 29/58 | €201,762 | €232,551 | +€30,789 | +15.3% |
| Amounts receivable after more than one year | 29 | €178,637 | €200,000 | +€21,363 | +12.0% |
| Other amounts receivable | 291 | €178,637 | €200,000 | +€21,363 | +12.0% |
| Stocks and contracts in progress | 3 | €2,239 | - | -€2,239 | |
| Stocks | 30/36 | €2,239 | - | -€2,239 | |
| Amounts receivable within one year | 40/41 | - | €6,995 | +€6,995 | |
| Trade receivables | 40 | - | €6,985 | +€6,985 | |
| Other amounts receivable | 41 | - | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €3,083 | €24,436 | +€21,353 | +692.5% |
| Deferred charges and accrued income | 490/1 | €17,802 | €1,120 | -€16,682 | -93.7% |
| Total equity and liabilities | 10/49 | €230,342 | €237,514 | +€7,173 | +3.1% |
| Equity | 10/15 | €193,580 | €197,051 | +€3,471 | +1.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €171,580 | €175,051 | +€3,471 | +2.0% |
| Amounts payable | 17/49 | €36,762 | €40,464 | +€3,702 | +10.1% |
| Amounts payable after more than one year | 17 | - | €13,922 | +€13,922 | |
| Other amounts payable | 178/9 | - | €13,922 | +€13,922 | |
| Amounts payable within one year | 42/48 | €36,762 | €26,542 | -€10,220 | -27.8% |
| Financial debts | 43 | €8,164 | - | -€8,164 | |
| Credit institutions | 430/8 | €8,164 | - | -€8,164 | |
| Trade debts | 44 | €9,941 | €19,755 | +€9,813 | +98.7% |
| Suppliers | 440/4 | €9,941 | €19,755 | +€9,813 | +98.7% |
| Taxes, remuneration and social security | 45 | €18,657 | €6,787 | -€11,870 | -63.6% |
| Taxes | 450/3 | €11,614 | €6,787 | -€4,827 | -41.6% |
| Remuneration and social security | 454/9 | €7,042 | - | -€7,042 | |
| Remuneration, social security and pensions | 62 | €48,310 | €27,138 | -€21,172 | -43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,155 | €20,892 | +€4,737 | +29.3% |
| Other operating charges | 640/8 | €3,219 | €2,267 | -€952 | -29.6% |
| Gross operating margin | 9900 | €59,884 | €65,042 | +€5,158 | +8.6% |
| Operating profit (loss) | 9901 | -€7,800 | €14,745 | +€22,545 | |
| Financial income | 75/76B | €4,712 | €650 | -€4,062 | -86.2% |
| Recurring financial income | 75 | €4,712 | €650 | -€4,062 | -86.2% |
| Financial charges | 65/66B | €4,578 | €5,595 | +€1,016 | +22.2% |
| Recurring financial charges | 65 | €4,578 | €5,595 | +€1,016 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,666 | €9,801 | +€17,467 | |
| Income taxes | 67/77 | €5,723 | €6,330 | +€607 | +10.6% |
| Profit (loss) for the period | 9904 | -€13,389 | €3,471 | +€16,860 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,389 | €3,471 | +€16,860 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.