VERACO: what changed
What changed
VERACO
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€25,766
2024 · €33,876-€8,110
Equity
€494,942
2024 · €469,176+€25,766
Cash
€217,561
2024 · €207,764+€9,797
Balance sheet total
€1.2m
2024 · €1.2m+€21,150
Largest movements
Assets
- Tangible fixed assets -€22,379
down €22,379 (-4.1%), from €543,498 to €521,119
of which Furniture and vehicles: -€15,361
- Stocks and contracts +€19,664
up €19,664 (+4.9%), from €398,852 to €418,516
- Receivables within one year +€13,846
up €13,846 (+25.6%), from €54,083 to €67,930
of which Trade receivables: +€13,838
Equity and liabilities
- Reserves +€25,766
up €25,766 (+6.3%), from €407,176 to €432,942
of which Distributable reserves: +€29,997
- Current portion of long-term debt -€25,551
down €25,551 (-91.4%), from €27,955 to €2,404
- Trade debts +€22,164
up €22,164 (+47.2%), from €46,919 to €69,083
Income statement
- Staff costs +€21,045
up €21,045 (+38.4%), from €54,870 to €75,915
- Gross operating margin +€6,742
up €6,742 (+4.9%), from €138,064 to €144,806
- Write-downs +€2,350
up €2,350 (+30.7%), from -€7,650 to -€5,300
- Taxes -€2,058
down €2,058 (-19.6%), from €10,474 to €8,417
- Depreciation -€1,889
down €1,889 (-6.4%), from €29,591 to €27,702
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€33,876
Gross operating margin
+€6,742
Staff costs
-€21,045
Depreciation
+€1,889
Write-downs
-€2,350
Other operating charges
+€782
Other operating items
+€2,513
Financial income
-€14
Financial charges
+€1,316
Taxes
+€2,058
Result 2025
€25,766
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€43,074
Investment
-€5,322
Financing
-€27,955
Cash 2024
€207,764
From operations (derived)
+€43,074
Net result for the year
+€25,766
Depreciation
+€27,702
Stocks and contracts
-€19,664
Receivables within one year
-€13,846
Deferred charges and accrued income
-€222
Provisions
-€1,409
Trade debts
+€22,164
Tax, wage and social debts
+€225
Other debts
+€3,890
Accrued charges and deferred income
-€1,532
Investment (derived)
-€5,322
Investment in fixed assets (net)
-€5,322
Financing
-€27,955
Debts after one year
-€2,404
Current portion of long-term debt
-€25,551
Cash 2025
€217,561
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,213,407 | €1,234,557 | +€21,150 | +1.7% |
| Fixed assets | 21/28 | €543,969 | €521,589 | -€22,379 | -4.1% |
| Tangible fixed assets | 22/27 | €543,498 | €521,119 | -€22,379 | -4.1% |
| Land and buildings | 22 | €480,838 | €475,630 | -€5,208 | -1.1% |
| Plant, machinery and equipment | 23 | €21,966 | €20,155 | -€1,811 | -8.2% |
| Furniture and vehicles | 24 | €40,694 | €25,333 | -€15,361 | -37.7% |
| Financial fixed assets | 28 | €471 | €471 | = | 0.0% |
| Current assets | 29/58 | €669,439 | €712,968 | +€43,529 | +6.5% |
| Stocks and contracts in progress | 3 | €398,852 | €418,516 | +€19,664 | +4.9% |
| Stocks | 30/36 | €398,852 | €418,516 | +€19,664 | +4.9% |
| Amounts receivable within one year | 40/41 | €54,083 | €67,930 | +€13,846 | +25.6% |
| Trade receivables | 40 | €54,083 | €67,921 | +€13,838 | +25.6% |
| Other amounts receivable | 41 | €0 | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €207,764 | €217,561 | +€9,797 | +4.7% |
| Deferred charges and accrued income | 490/1 | €8,740 | €8,962 | +€222 | +2.5% |
| Total equity and liabilities | 10/49 | €1,213,407 | €1,234,557 | +€21,150 | +1.7% |
| Equity | 10/15 | €469,176 | €494,942 | +€25,766 | +5.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €407,176 | €432,942 | +€25,766 | +6.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €87,359 | €83,127 | -€4,232 | -4.8% |
| Distributable reserves | 133 | €313,618 | €343,615 | +€29,997 | +9.6% |
| Provisions and deferred taxes | 16 | €29,763 | €28,354 | -€1,409 | -4.7% |
| Provisions for liabilities and charges | 160/5 | €7,335 | €7,335 | = | 0.0% |
| Major repairs and maintenance | 162 | €7,335 | €7,335 | = | 0.0% |
| Deferred taxes | 168 | €22,428 | €21,019 | -€1,409 | -6.3% |
| Amounts payable | 17/49 | €714,467 | €711,261 | -€3,207 | -0.4% |
| Amounts payable after more than one year | 17 | €152,404 | €150,000 | -€2,404 | -1.6% |
| Financial debts | 170/4 | €152,404 | €150,000 | -€2,404 | -1.6% |
| Amounts payable within one year | 42/48 | €556,879 | €557,608 | +€729 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €27,955 | €2,404 | -€25,551 | -91.4% |
| Trade debts | 44 | €46,919 | €69,083 | +€22,164 | +47.2% |
| Suppliers | 440/4 | €46,919 | €69,083 | +€22,164 | +47.2% |
| Advances received on contracts in progress | 46 | €30,100 | €30,100 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €21,261 | €21,486 | +€225 | +1.1% |
| Taxes | 450/3 | €13,099 | €12,321 | -€778 | -5.9% |
| Remuneration and social security | 454/9 | €8,162 | €9,165 | +€1,003 | +12.3% |
| Other amounts payable | 47/48 | €430,644 | €434,534 | +€3,890 | +0.9% |
| Accrued charges and deferred income | 492/3 | €5,185 | €3,653 | -€1,532 | -29.5% |
| Non-recurring operating income | 76A | - | €1,806 | +€1,806 | |
| Remuneration, social security and pensions | 62 | €54,870 | €75,915 | +€21,045 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,591 | €27,702 | -€1,889 | -6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,650 | -€5,300 | +€2,350 | +30.7% |
| Other operating charges | 640/8 | €10,563 | €9,781 | -€782 | -7.4% |
| Non-recurring operating charges | 66A | €2,513 | €0 | -€2,513 | -100% |
| Gross operating margin | 9900 | €138,064 | €144,806 | +€6,742 | +4.9% |
| Operating profit (loss) | 9901 | €48,178 | €36,708 | -€11,470 | -23.8% |
| Financial income | 75/76B | €205 | €190 | -€14 | -6.9% |
| Recurring financial income | 75 | €205 | €190 | -€14 | -6.9% |
| Financial charges | 65/66B | €5,442 | €4,126 | -€1,316 | -24.2% |
| Recurring financial charges | 65 | €5,442 | €4,126 | -€1,316 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €42,941 | €32,773 | -€10,168 | -23.7% |
| Transfer from deferred taxes | 780 | €1,409 | €1,409 | = | 0.0% |
| Income taxes | 67/77 | €10,474 | €8,417 | -€2,058 | -19.6% |
| Profit (loss) for the period | 9904 | €33,876 | €25,766 | -€8,110 | -23.9% |
| Transfer from tax-exempt reserves | 789 | €4,232 | €4,232 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,108 | €29,997 | -€8,110 | -21.3% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.