VERALYN: 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.
What changed
VERALYN
NACE 66.199, Other activities auxiliary to financial services, excluding insurance and pension funding
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€575,335
2024 · €62,211+€513,123
Equity
€1.9m
2024 · €1.3m+€575,335
Cash
€50,654
2024 · €27,273+€23,381
Balance sheet total
€4.7m
2024 · €4.5m+€218,806
Largest movements
Assets
- Current investments +€470,000
new in 2025: €470,000
- Tangible fixed assets -€280,610
down €280,610 (-6.3%), from €4.5m to €4.2m
of which Land and buildings: -€210,187
Equity and liabilities
- Reserves +€498,798
up €498,798 (+529.4%), from €94,224 to €593,022
of which Tax-exempt reserves: +€498,798
- Debts after one year -€265,760
down €265,760 (-10.1%), from €2.6m to €2.4m
- Other debts -€217,663
down €217,663 (-97.5%), from €223,357 to €5,694
- Provisions +€166,266
new in 2025: €166,266
- Profit (loss) carried forward +€76,537
up €76,537 (+6.7%), from €1.1m to €1.2m
Income statement
- Gross operating margin +€714,796
up €714,796 (+138.2%), from €517,110 to €1.2m
- Financial income -€45,715
down €45,715 (-87.7%), from €52,128 to €6,412
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.
Result 2024
€62,211
Gross operating margin
+€714,796
Staff costs
+€8,231
Depreciation
-€3,903
Other operating charges
+€585
Financial income
-€45,715
Financial charges
+€6,085
Taxes
-€688
Deferred taxes and other
-€166,266
Result 2025
€575,335
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.
From operations
+€745,901
Investment
-€464,355
Financing
-€258,165
Cash 2024
€27,273
From operations (derived)
+€745,901
Net result for the year
+€575,335
Depreciation
+€274,965
Receivables within one year
-€6,035
Provisions
+€166,266
Trade debts
-€48,330
Tax, wage and social debts
+€1,364
Other debts
-€217,663
Investment (derived)
-€464,355
Investment in fixed assets (net)
+€5,645
Current investments
-€470,000
Financing
-€258,165
Debts after one year
-€265,760
Current portion of long-term debt
+€7,595
Cash 2025
€50,654
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,501,911 | €4,720,717 | +€218,806 | +4.9% |
| Fixed assets | 21/28 | €4,450,575 | €4,169,965 | -€280,610 | -6.3% |
| Tangible fixed assets | 22/27 | €4,450,575 | €4,169,965 | -€280,610 | -6.3% |
| Land and buildings | 22 | €3,510,144 | €3,299,957 | -€210,187 | -6.0% |
| Plant, machinery and equipment | 23 | €929,380 | €866,417 | -€62,963 | -6.8% |
| Furniture and vehicles | 24 | €1,816 | €385 | -€1,430 | -78.8% |
| Leasing and similar rights | 25 | €9,235 | €3,205 | -€6,030 | -65.3% |
| Current assets | 29/58 | €51,336 | €550,752 | +€499,416 | +972.8% |
| Amounts receivable within one year | 40/41 | €24,063 | €30,098 | +€6,035 | +25.1% |
| Trade receivables | 40 | €14,563 | €13,598 | -€965 | -6.6% |
| Other amounts receivable | 41 | €9,500 | €16,500 | +€7,000 | +73.7% |
| Current investments | 50/53 | - | €470,000 | +€470,000 | |
| Cash at bank and in hand | 54/58 | €27,273 | €50,654 | +€23,381 | +85.7% |
| Total equity and liabilities | 10/49 | €4,501,911 | €4,720,717 | +€218,806 | +4.9% |
| Equity | 10/15 | €1,313,815 | €1,889,150 | +€575,335 | +43.8% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €94,224 | €593,022 | +€498,798 | +529.4% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €498,798 | +€498,798 | |
| Distributable reserves | 133 | €86,788 | €86,788 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,145,223 | €1,221,760 | +€76,537 | +6.7% |
| Provisions and deferred taxes | 16 | - | €166,266 | +€166,266 | |
| Deferred taxes | 168 | - | €166,266 | +€166,266 | |
| Amounts payable | 17/49 | €3,188,095 | €2,665,301 | -€522,794 | -16.4% |
| Amounts payable after more than one year | 17 | €2,644,189 | €2,378,429 | -€265,760 | -10.1% |
| Financial debts | 170/4 | €2,644,189 | €2,378,429 | -€265,760 | -10.1% |
| Amounts payable within one year | 42/48 | €543,906 | €286,871 | -€257,035 | -47.3% |
| Current portion of amounts payable after more than one year | 42 | €258,165 | €265,760 | +€7,595 | +2.9% |
| Trade debts | 44 | €59,544 | €11,214 | -€48,330 | -81.2% |
| Suppliers | 440/4 | €59,544 | €11,214 | -€48,330 | -81.2% |
| Taxes, remuneration and social security | 45 | €2,840 | €4,204 | +€1,364 | +48.0% |
| Taxes | 450/3 | €1,152 | €1,794 | +€642 | +55.7% |
| Remuneration and social security | 454/9 | €1,688 | €2,411 | +€722 | +42.8% |
| Other amounts payable | 47/48 | €223,357 | €5,694 | -€217,663 | -97.5% |
| Non-recurring operating income | 76A | - | €665,064 | +€665,064 | |
| Remuneration, social security and pensions | 62 | €78,360 | €70,129 | -€8,231 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €271,062 | €274,965 | +€3,903 | +1.4% |
| Other operating charges | 640/8 | €67,677 | €67,093 | -€585 | -0.9% |
| Gross operating margin | 9900 | €517,110 | €1,231,906 | +€714,796 | +138.2% |
| Operating profit (loss) | 9901 | €100,011 | €819,719 | +€719,708 | +719.6% |
| Financial income | 75/76B | €52,128 | €6,412 | -€45,715 | -87.7% |
| Recurring financial income | 75 | €52,128 | €6,412 | -€45,715 | -87.7% |
| Financial charges | 65/66B | €66,927 | €60,842 | -€6,085 | -9.1% |
| Recurring financial charges | 65 | €66,927 | €60,842 | -€6,085 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €85,211 | €765,289 | +€680,078 | +798.1% |
| Transfer to deferred taxes | 680 | - | €166,266 | +€166,266 | |
| Income taxes | 67/77 | €23,000 | €23,688 | +€688 | +3.0% |
| Profit (loss) for the period | 9904 | €62,211 | €575,335 | +€513,123 | +824.8% |
| Transfer to tax-exempt reserves | 689 | - | €498,798 | +€498,798 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,211 | €76,537 | +€14,325 | +23.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.