VERAGRO: 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.
VERAGRO
Largest movements
- Cash +€117,765
up €117,765 (+47.5%), from €247,840 to €365,605
mainly Net result for the year (+€185,442) and Depreciation (+€12,842)
- Tangible fixed assets +€39,632
up €39,632 (+16.0%), from €247,224 to €286,856
of which Furniture and vehicles: +€37,948
- Receivables within one year +€21,374
up €21,374 (+331.8%), from €6,441 to €27,815
of which Other amounts receivable: +€23,555
- Stocks and contracts +€7,881
up €7,881 (+21.1%), from €37,417 to €45,298
- Reserves +€185,442
up €185,442 (+39.4%), from €470,851 to €656,293
- Gross operating margin +€71,814
up €71,814 (+38.2%), from €187,752 to €259,567
- Taxes +€14,366
up €14,366 (+31.4%), from €45,740 to €60,107
- Depreciation +€9,843
up €9,843 (+328.3%), from €2,999 to €12,842
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 | €539,958 | €727,708 | +€187,750 | +34.8% |
| Fixed assets | 21/28 | €247,224 | €286,856 | +€39,632 | +16.0% |
| Tangible fixed assets | 22/27 | €247,224 | €286,856 | +€39,632 | +16.0% |
| Land and buildings | 22 | €235,678 | €239,930 | +€4,252 | +1.8% |
| Plant, machinery and equipment | 23 | €11,546 | €8,978 | -€2,568 | -22.2% |
| Furniture and vehicles | 24 | €0 | €37,948 | +€37,948 | |
| Current assets | 29/58 | €292,734 | €440,852 | +€148,118 | +50.6% |
| Stocks and contracts in progress | 3 | €37,417 | €45,298 | +€7,881 | +21.1% |
| Stocks | 30/36 | €37,417 | €45,298 | +€7,881 | +21.1% |
| Amounts receivable within one year | 40/41 | €6,441 | €27,815 | +€21,374 | +331.8% |
| Trade receivables | 40 | €2,181 | €0 | -€2,181 | -100.0% |
| Other amounts receivable | 41 | €4,260 | €27,815 | +€23,555 | +553.0% |
| Cash at bank and in hand | 54/58 | €247,840 | €365,605 | +€117,765 | +47.5% |
| Deferred charges and accrued income | 490/1 | €1,037 | €2,135 | +€1,098 | +105.9% |
| Total equity and liabilities | 10/49 | €539,958 | €727,708 | +€187,750 | +34.8% |
| Equity | 10/15 | €490,851 | €676,293 | +€185,442 | +37.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €470,851 | €656,293 | +€185,442 | +39.4% |
| Distributable reserves | 133 | €470,851 | €656,293 | +€185,442 | +39.4% |
| Amounts payable | 17/49 | €49,107 | €51,415 | +€2,308 | +4.7% |
| Amounts payable within one year | 42/48 | €46,707 | €49,015 | +€2,308 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | - | €2,372 | +€2,372 | |
| Trade debts | 44 | €42,984 | €46,273 | +€3,290 | +7.7% |
| Suppliers | 440/4 | €42,984 | €46,273 | +€3,290 | +7.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,654 | €347 | -€1,307 | -79.0% |
| Taxes | 450/3 | €1,654 | €347 | -€1,307 | -79.0% |
| Other amounts payable | 47/48 | €2,069 | €22 | -€2,047 | -98.9% |
| Accrued charges and deferred income | 492/3 | €2,400 | €2,400 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,653 | +€1,653 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,999 | €12,842 | +€9,843 | +328.3% |
| Other operating charges | 640/8 | €831 | €1,098 | +€267 | +32.1% |
| Gross operating margin | 9900 | €187,752 | €259,567 | +€71,814 | +38.2% |
| Operating profit (loss) | 9901 | €183,922 | €245,627 | +€61,704 | +33.5% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.6% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.6% |
| Financial charges | 65/66B | €82 | €78 | -€5 | -5.6% |
| Recurring financial charges | 65 | €82 | €78 | -€5 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €183,845 | €245,549 | +€61,704 | +33.6% |
| Income taxes | 67/77 | €45,740 | €60,107 | +€14,366 | +31.4% |
| Profit (loss) for the period | 9904 | €138,105 | €185,442 | +€47,337 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €138,105 | €185,442 | +€47,337 | +34.3% |
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 5 October 2026 via checked.be.