VERAN: 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
VERAN
NACE 86.910, Medical imaging and medical laboratories
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€383,024
2024 · -€456,460+€73,437
Equity
€8.7m
2024 · €8.5m+€166,976
Cash
€115,493
2024 · €143,699-€28,206
Balance sheet total
€10.5m
2024 · €10.5m-€13,004
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Contributions +€550,000
up €550,000 (+6.6%), from €8.3m to €8.8m
- Profit (loss) carried forward -€383,024
down €383,024 (-39.5%), from -€969,457 to -€1.4m
- Debts after one year -€110,072
down €110,072 (-8.0%), from €1.4m to €1.3m
Income statement
- Depreciation -€50,515
down €50,515 (-9.1%), from €552,520 to €502,005
- Financial income +€27,367
up €27,367 (+1255348.6%), from €2 to €27,369
of which Non-recurring financial income: +€26,761
- Other operating charges +€7,123
up €7,123 (+16.5%), from €43,156 to €50,279
- Financial charges -€6,722
down €6,722 (-10.3%), from €65,056 to €58,334
- Gross operating margin -€3,863
down €3,863 (-1.9%), from €204,270 to €200,407
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
-€456,460
Gross operating margin
-€3,863
Depreciation
+€50,515
Other operating charges
-€7,123
Financial income
+€27,367
Financial charges
+€6,722
Taxes
-€182
Result 2025
-€383,024
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
+€24,930
Investment
-€494,875
Financing
+€441,740
Cash 2024
€143,699
From operations (derived)
+€24,930
Net result for the year
-€383,024
Depreciation
+€502,005
Receivables within one year
-€22,003
Smaller working-capital items
-€1,696
Other debts
-€64,039
Accrued charges and deferred income
-€6,315
Investment (derived)
-€494,875
Investment in fixed assets (net)
-€593,875
Current investments
+€99,000
Financing
+€441,740
Debts after one year
-€110,072
Current portion of long-term debt
+€1,812
Contributions, distributions and other
+€550,000
Cash 2025
€115,493
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,472,683 | €10,459,679 | -€13,004 | -0.1% |
| Fixed assets | 21/28 | €10,222,726 | €10,314,596 | +€91,871 | +0.9% |
| Tangible fixed assets | 22/27 | €10,222,726 | €10,314,596 | +€91,871 | +0.9% |
| Land and buildings | 22 | €8,805,099 | €8,496,256 | -€308,843 | -3.5% |
| Plant, machinery and equipment | 23 | €569,573 | €400,460 | -€169,113 | -29.7% |
| Furniture and vehicles | 24 | €13,263 | €10,099 | -€3,164 | -23.9% |
| Assets under construction and advance payments | 27 | €834,791 | €1,407,781 | +€572,990 | +68.6% |
| Current assets | 29/58 | €249,958 | €145,083 | -€104,875 | -42.0% |
| Amounts receivable within one year | 40/41 | €1,790 | €23,793 | +€22,003 | +1229.2% |
| Trade receivables | 40 | €510 | €22,513 | +€22,003 | +4314.2% |
| Other amounts receivable | 41 | €1,280 | €1,280 | = | 0.0% |
| Current investments | 50/53 | €99,000 | €0 | -€99,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €143,699 | €115,493 | -€28,206 | -19.6% |
| Deferred charges and accrued income | 490/1 | €5,469 | €5,798 | +€329 | +6.0% |
| Total equity and liabilities | 10/49 | €10,472,683 | €10,459,679 | -€13,004 | -0.1% |
| Equity | 10/15 | €8,512,578 | €8,679,554 | +€166,976 | +2.0% |
| Contributions | 10/11 | €8,277,915 | €8,827,915 | +€550,000 | +6.6% |
| Capital | 10 | €8,277,915 | €8,827,915 | +€550,000 | +6.6% |
| Issued capital | 100 | €9,202,125 | €9,202,125 | = | 0.0% |
| Uncalled capital | 101 | €924,210 | €374,210 | -€550,000 | -59.5% |
| Reserves | 13 | €1,204,120 | €1,204,120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,036 | €52,036 | = | 0.0% |
| Legal reserve | 130 | €52,036 | €52,036 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,717 | €9,717 | = | 0.0% |
| Distributable reserves | 133 | €1,142,366 | €1,142,366 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€969,457 | -€1,352,481 | -€383,024 | -39.5% |
| Amounts payable | 17/49 | €1,960,105 | €1,780,125 | -€179,980 | -9.2% |
| Amounts payable after more than one year | 17 | €1,373,264 | €1,263,191 | -€110,072 | -8.0% |
| Financial debts | 170/4 | €1,373,264 | €1,263,191 | -€110,072 | -8.0% |
| Amounts payable within one year | 42/48 | €552,859 | €489,266 | -€63,593 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €108,260 | €110,072 | +€1,812 | +1.7% |
| Trade debts | 44 | €3,357 | €2,977 | -€380 | -11.3% |
| Suppliers | 440/4 | €3,357 | €2,977 | -€380 | -11.3% |
| Taxes, remuneration and social security | 45 | €9,894 | €8,907 | -€987 | -10.0% |
| Taxes | 450/3 | €9,894 | €8,907 | -€987 | -10.0% |
| Other amounts payable | 47/48 | €431,347 | €367,309 | -€64,039 | -14.8% |
| Accrued charges and deferred income | 492/3 | €33,983 | €27,668 | -€6,315 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €552,520 | €502,005 | -€50,515 | -9.1% |
| Other operating charges | 640/8 | €43,156 | €50,279 | +€7,123 | +16.5% |
| Gross operating margin | 9900 | €204,270 | €200,407 | -€3,863 | -1.9% |
| Operating profit (loss) | 9901 | -€391,406 | -€351,876 | +€39,530 | +10.1% |
| Financial income | 75/76B | €2 | €27,369 | +€27,367 | +1255348.6% |
| Recurring financial income | 75 | €2 | €607 | +€605 | +27766.5% |
| Non-recurring financial income | 76B | - | €26,761 | +€26,761 | |
| Financial charges | 65/66B | €65,056 | €58,334 | -€6,722 | -10.3% |
| Recurring financial charges | 65 | €65,056 | €58,334 | -€6,722 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€456,460 | -€382,842 | +€73,619 | +16.1% |
| Income taxes | 67/77 | €0 | €182 | +€182 | |
| Profit (loss) for the period | 9904 | -€456,460 | -€383,024 | +€73,437 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€456,460 | -€383,024 | +€73,437 | +16.1% |
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 4 October 2026 via checked.be.