Veradin: 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.
Veradin
Largest movements
- Current investments +€50,259
up €50,259 (+22.2%), from €226,731 to €276,990
- Cash -€37,996
down €37,996 (-67.4%), from €56,394 to €18,399
mainly Contributions, distributions and other (-€221,715) and Current portion of long-term debt (-€51,429)
- Receivables within one year +€33,071
up €33,071 (+6.6%), from €502,419 to €535,490
of which Other amounts receivable: +€102,781
- Other debts +€221,715
up €221,715, from €0 to €221,715
- Reserves -€118,349
down €118,349 (-18.8%), from €630,108 to €511,759
- Current portion of long-term debt -€51,429
down €51,429 (-100.0%), from €51,429 to €0
- Trade debts -€23,596
down €23,596 (-86.7%), from €27,210 to €3,614
- Tax, wage and social debts +€15,083
up €15,083 (+39.7%), from €37,967 to €53,049
of which Taxes: +€15,056
- Gross operating margin -€61,595
down €61,595 (-31.7%), from €194,076 to €132,480
- Financial income +€17,012
up €17,012 (+225.9%), from €7,532 to €24,544
- Financial charges -€16,398
down €16,398 (-91.1%), from €17,999 to €1,600
- Taxes -€8,494
down €8,494 (-14.6%), from €58,077 to €49,583
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.
Cash bridge derived
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 | €790,113 | €833,537 | +€43,424 | +5.5% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €790,113 | €833,537 | +€43,424 | +5.5% |
| Amounts receivable within one year | 40/41 | €502,419 | €535,490 | +€33,071 | +6.6% |
| Trade receivables | 40 | €183,576 | €113,866 | -€69,710 | -38.0% |
| Other amounts receivable | 41 | €318,843 | €421,624 | +€102,781 | +32.2% |
| Current investments | 50/53 | €226,731 | €276,990 | +€50,259 | +22.2% |
| Cash at bank and in hand | 54/58 | €56,394 | €18,399 | -€37,996 | -67.4% |
| Deferred charges and accrued income | 490/1 | €4,568 | €2,658 | -€1,910 | -41.8% |
| Total equity and liabilities | 10/49 | €790,113 | €833,537 | +€43,424 | +5.5% |
| Equity | 10/15 | €673,508 | €555,159 | -€118,349 | -17.6% |
| Contributions | 10/11 | €43,400 | €43,400 | = | 0.0% |
| Reserves | 13 | €630,108 | €511,759 | -€118,349 | -18.8% |
| Distributable reserves | 133 | €630,108 | €511,759 | -€118,349 | -18.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €116,605 | €278,379 | +€161,773 | +138.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €116,605 | €278,379 | +€161,773 | +138.7% |
| Current portion of amounts payable after more than one year | 42 | €51,429 | €0 | -€51,429 | -100.0% |
| Trade debts | 44 | €27,210 | €3,614 | -€23,596 | -86.7% |
| Suppliers | 440/4 | €27,210 | €3,614 | -€23,596 | -86.7% |
| Taxes, remuneration and social security | 45 | €37,967 | €53,049 | +€15,083 | +39.7% |
| Taxes | 450/3 | €34,702 | €49,757 | +€15,056 | +43.4% |
| Remuneration and social security | 454/9 | €3,265 | €3,292 | +€27 | +0.8% |
| Other amounts payable | 47/48 | €0 | €221,715 | +€221,715 | |
| Non-recurring operating income | 76A | €100,339 | €0 | -€100,339 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €2,602 | €2,476 | -€126 | -4.8% |
| Gross operating margin | 9900 | €194,076 | €132,480 | -€61,595 | -31.7% |
| Operating profit (loss) | 9901 | €191,474 | €130,005 | -€61,469 | -32.1% |
| Financial income | 75/76B | €7,532 | €24,544 | +€17,012 | +225.9% |
| Recurring financial income | 75 | €7,532 | €24,544 | +€17,012 | +225.9% |
| Financial charges | 65/66B | €17,999 | €1,600 | -€16,398 | -91.1% |
| Recurring financial charges | 65 | €17,999 | €1,600 | -€16,398 | -91.1% |
| Profit (loss) for the period before taxes | 9903 | €181,007 | €152,949 | -€28,058 | -15.5% |
| Income taxes | 67/77 | €58,077 | €49,583 | -€8,494 | -14.6% |
| Profit (loss) for the period | 9904 | €122,931 | €103,366 | -€19,565 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €122,931 | €103,366 | -€19,565 | -15.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.