Veracity: 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.
Veracity
Largest movements
- Cash +€14,616
up €14,616 (+30.5%), from €47,861 to €62,477
mainly Net result for the year (+€10,865) and Receivables within one year (+€1,416)
- Receivables within one year -€1,416
down €1,416 (-11.4%), from €12,372 to €10,955
of which Other amounts receivable: -€1,418
- Tangible fixed assets -€1,147
down €1,147 (-28.7%), from €3,992 to €2,845
of which Furniture and vehicles: -€1,047
- Reserves +€10,865
up €10,865 (+40.0%), from €27,176 to €38,041
- Gross operating margin -€1,753
down €1,753 (-9.6%), from €18,249 to €16,496
- Other operating charges -€1,183
down €1,183 (-94.4%), from €1,253 to €70
- Depreciation -€200
down €200 (-14.9%), from €1,348 to €1,147
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 | €64,879 | €76,958 | +€12,079 | +18.6% |
| Fixed assets | 21/28 | €3,992 | €2,845 | -€1,147 | -28.7% |
| Tangible fixed assets | 22/27 | €3,992 | €2,845 | -€1,147 | -28.7% |
| Plant, machinery and equipment | 23 | €100 | - | -€100 | |
| Furniture and vehicles | 24 | €3,892 | €2,845 | -€1,047 | -26.9% |
| Current assets | 29/58 | €60,887 | €74,113 | +€13,226 | +21.7% |
| Amounts receivable within one year | 40/41 | €12,372 | €10,955 | -€1,416 | -11.4% |
| Trade receivables | 40 | €10,769 | €10,771 | +€2 | 0.0% |
| Other amounts receivable | 41 | €1,603 | €185 | -€1,418 | -88.5% |
| Cash at bank and in hand | 54/58 | €47,861 | €62,477 | +€14,616 | +30.5% |
| Deferred charges and accrued income | 490/1 | €654 | €680 | +€26 | +4.0% |
| Total equity and liabilities | 10/49 | €64,879 | €76,958 | +€12,079 | +18.6% |
| Equity | 10/15 | €56,718 | €67,583 | +€10,865 | +19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,176 | €38,041 | +€10,865 | +40.0% |
| Distributable reserves | 133 | €27,176 | €38,041 | +€10,865 | +40.0% |
| Profit (loss) carried forward | 14 | €10,943 | €10,943 | = | 0.0% |
| Amounts payable | 17/49 | €8,161 | €9,375 | +€1,214 | +14.9% |
| Amounts payable within one year | 42/48 | €6,461 | €7,629 | +€1,168 | +18.1% |
| Trade debts | 44 | €1,615 | €1,509 | -€106 | -6.6% |
| Suppliers | 440/4 | €1,615 | €1,509 | -€106 | -6.6% |
| Taxes, remuneration and social security | 45 | €4,846 | €5,476 | +€630 | +13.0% |
| Taxes | 450/3 | €4,846 | €5,476 | +€630 | +13.0% |
| Other amounts payable | 47/48 | - | €644 | +€644 | |
| Accrued charges and deferred income | 492/3 | €1,700 | €1,746 | +€46 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,348 | €1,147 | -€200 | -14.9% |
| Other operating charges | 640/8 | €1,253 | €70 | -€1,183 | -94.4% |
| Gross operating margin | 9900 | €18,249 | €16,496 | -€1,753 | -9.6% |
| Operating profit (loss) | 9901 | €15,648 | €15,278 | -€369 | -2.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €69 | - | -€69 | |
| Recurring financial charges | 65 | €69 | - | -€69 | |
| Profit (loss) for the period before taxes | 9903 | €15,579 | €15,278 | -€300 | -1.9% |
| Income taxes | 67/77 | €4,402 | €4,413 | +€11 | +0.3% |
| Profit (loss) for the period | 9904 | €11,177 | €10,865 | -€311 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,177 | €10,865 | -€311 | -2.8% |
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 29 October 2026 via checked.be.