VERALTIS: 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.
VERALTIS
Largest movements
- Cash -€453,459
down €453,459 (-75.5%), from €600,572 to €147,113
mainly Trade debts (-€377,875) and Net result for the year (-€231,297)
- Receivables within one year -€325,491
down €325,491 (-58.9%), from €552,165 to €226,673
of which Trade receivables: -€301,430
- Stocks and contracts +€209,069
up €209,069 (+32.6%), from €641,748 to €850,817
- Trade debts -€377,875
down €377,875 (-43.2%), from €874,185 to €496,310
- Profit (loss) carried forward -€231,297
down €231,297 (-32.0%), from -€721,897 to -€953,195
- Other debts +€37,568
up €37,568 (+6.2%), from €608,343 to €645,911
- Gross operating margin -€254,806
down €254,806, from €171,984 to -€82,821
- Staff costs -€9,429
down €9,429 (-8.0%), from €117,585 to €108,156
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 | €1,799,960 | €1,228,344 | -€571,616 | -31.8% |
| Current assets | 29/58 | €1,799,960 | €1,228,344 | -€571,616 | -31.8% |
| Stocks and contracts in progress | 3 | €641,748 | €850,817 | +€209,069 | +32.6% |
| Contracts in progress | 37 | €641,748 | €850,817 | +€209,069 | +32.6% |
| Amounts receivable within one year | 40/41 | €552,165 | €226,673 | -€325,491 | -58.9% |
| Trade receivables | 40 | €513,874 | €212,444 | -€301,430 | -58.7% |
| Other amounts receivable | 41 | €38,291 | €14,229 | -€24,062 | -62.8% |
| Cash at bank and in hand | 54/58 | €600,572 | €147,113 | -€453,459 | -75.5% |
| Deferred charges and accrued income | 490/1 | €5,476 | €3,741 | -€1,735 | -31.7% |
| Total equity and liabilities | 10/49 | €1,799,960 | €1,228,344 | -€571,616 | -31.8% |
| Equity | 10/15 | €303,103 | €71,805 | -€231,297 | -76.3% |
| Contributions | 10/11 | €1,025,000 | €1,025,000 | = | 0.0% |
| Capital | 10 | €1,025,000 | €1,025,000 | = | 0.0% |
| Issued capital | 100 | €1,025,000 | €1,025,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€721,897 | -€953,195 | -€231,297 | -32.0% |
| Amounts payable | 17/49 | €1,496,857 | €1,156,539 | -€340,318 | -22.7% |
| Amounts payable within one year | 42/48 | €1,496,857 | €1,156,539 | -€340,318 | -22.7% |
| Trade debts | 44 | €874,185 | €496,310 | -€377,875 | -43.2% |
| Suppliers | 440/4 | €874,185 | €496,310 | -€377,875 | -43.2% |
| Taxes, remuneration and social security | 45 | €14,328 | €14,317 | -€12 | -0.1% |
| Taxes | 450/3 | €226 | €0 | -€226 | -100% |
| Remuneration and social security | 454/9 | €14,102 | €14,317 | +€215 | +1.5% |
| Other amounts payable | 47/48 | €608,343 | €645,911 | +€37,568 | +6.2% |
| Remuneration, social security and pensions | 62 | €117,585 | €108,156 | -€9,429 | -8.0% |
| Other operating charges | 640/8 | €686 | €537 | -€149 | -21.7% |
| Gross operating margin | 9900 | €171,984 | -€82,821 | -€254,806 | |
| Operating profit (loss) | 9901 | €53,714 | -€191,514 | -€245,228 | |
| Financial income | 75/76B | €3,503 | €4,251 | +€749 | +21.4% |
| Recurring financial income | 75 | €3,503 | €4,251 | +€749 | +21.4% |
| Financial charges | 65/66B | €45,011 | €44,034 | -€977 | -2.2% |
| Recurring financial charges | 65 | €45,011 | €44,034 | -€977 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €12,205 | -€231,297 | -€243,502 | |
| Income taxes | 67/77 | €226 | €0 | -€226 | -99.8% |
| Profit (loss) for the period | 9904 | €11,979 | -€231,297 | -€243,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,979 | -€231,297 | -€243,276 |
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 19 October 2026 via checked.be.