Verali: 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.
Verali
Largest movements
- Current investments -€74,679
down €74,679 (-99.0%), from €75,422 to €743
- Cash +€33,609
up €33,609 (+82.1%), from €40,926 to €74,534
mainly Current investments (+€74,679) and Net result for the year (+€66,119)
- Receivables within one year +€2,386
up €2,386 (+11.7%), from €20,380 to €22,766
of which Trade receivables: +€2,549
- Profit (loss) carried forward -€104,898
down €104,898 (-100.0%), from €104,898 to €0
- Other debts +€65,271
up €65,271 (+2372.3%), from €2,751 to €68,022
- Tax, wage and social debts +€3,282
up €3,282 (+15.2%), from €21,561 to €24,843
of which Taxes: +€3,008
- Trade debts -€2,081
down €2,081 (-59.8%), from €3,479 to €1,398
- Gross operating margin +€13,666
up €13,666 (+19.6%), from €69,664 to €83,330
- Taxes +€2,534
up €2,534 (+16.9%), from €14,979 to €17,513
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 | €136,727 | €98,043 | -€38,684 | -28.3% |
| Current assets | 29/58 | €136,727 | €98,043 | -€38,684 | -28.3% |
| Amounts receivable within one year | 40/41 | €20,380 | €22,766 | +€2,386 | +11.7% |
| Trade receivables | 40 | €20,217 | €22,766 | +€2,549 | +12.6% |
| Other amounts receivable | 41 | €163 | €0 | -€163 | -100.0% |
| Current investments | 50/53 | €75,422 | €743 | -€74,679 | -99.0% |
| Cash at bank and in hand | 54/58 | €40,926 | €74,534 | +€33,609 | +82.1% |
| Total equity and liabilities | 10/49 | €136,727 | €98,043 | -€38,684 | -28.3% |
| Equity | 10/15 | €107,898 | €3,000 | -€104,898 | -97.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,898 | €0 | -€104,898 | -100.0% |
| Amounts payable | 17/49 | €28,829 | €95,043 | +€66,215 | +229.7% |
| Amounts payable within one year | 42/48 | €27,791 | €94,263 | +€66,473 | +239.2% |
| Trade debts | 44 | €3,479 | €1,398 | -€2,081 | -59.8% |
| Suppliers | 440/4 | €3,479 | €1,398 | -€2,081 | -59.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €21,561 | €24,843 | +€3,282 | +15.2% |
| Taxes | 450/3 | €21,286 | €24,294 | +€3,008 | +14.1% |
| Remuneration and social security | 454/9 | €275 | €549 | +€275 | +100.0% |
| Other amounts payable | 47/48 | €2,751 | €68,022 | +€65,271 | +2372.3% |
| Accrued charges and deferred income | 492/3 | €1,038 | €780 | -€258 | -24.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €602 | €544 | -€59 | -9.7% |
| Gross operating margin | 9900 | €69,664 | €83,330 | +€13,666 | +19.6% |
| Operating profit (loss) | 9901 | €69,062 | €82,786 | +€13,724 | +19.9% |
| Financial income | 75/76B | €603 | €924 | +€322 | +53.4% |
| Recurring financial income | 75 | €603 | €924 | +€322 | +53.4% |
| Financial charges | 65/66B | €368 | €78 | -€291 | -79.0% |
| Recurring financial charges | 65 | €368 | €78 | -€291 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | €69,296 | €83,633 | +€14,337 | +20.7% |
| Income taxes | 67/77 | €14,979 | €17,513 | +€2,534 | +16.9% |
| Profit (loss) for the period | 9904 | €54,317 | €66,119 | +€11,802 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,317 | €66,119 | +€11,802 | +21.7% |
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 6 October 2026 via checked.be.