Veranda-construct: 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.
Veranda-construct
Largest movements
- Cash -€119,945
down €119,945 (-60.0%), from €199,765 to €79,820
mainly Net result for the year (-€125,631) and Receivables within one year (-€72,032)
- Receivables within one year +€72,032
up €72,032 (+10.5%), from €686,366 to €758,398
of which Other amounts receivable: +€47,166
- Profit (loss) carried forward -€125,631
down €125,631 (-128.4%), from -€97,851 to -€223,482
- Tax, wage and social debts +€57,725
up €57,725 (+26.5%), from €218,125 to €275,851
of which Remuneration and social security: +€53,178
- Trade debts +€22,118
up €22,118 (+3.4%), from €655,101 to €677,219
- Staff costs +€98,466
up €98,466 (+3.0%), from €3.3m to €3.4m
- Gross operating margin +€51,582
up €51,582 (+1.6%), from €3.2m to €3.3m
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 | €901,815 | €856,028 | -€45,787 | -5.1% |
| Current assets | 29/58 | €901,815 | €856,028 | -€45,787 | -5.1% |
| Amounts receivable within one year | 40/41 | €686,366 | €758,398 | +€72,032 | +10.5% |
| Trade receivables | 40 | €561,202 | €586,068 | +€24,866 | +4.4% |
| Other amounts receivable | 41 | €125,163 | €172,330 | +€47,166 | +37.7% |
| Cash at bank and in hand | 54/58 | €199,765 | €79,820 | -€119,945 | -60.0% |
| Deferred charges and accrued income | 490/1 | €15,684 | €17,809 | +€2,126 | +13.6% |
| Total equity and liabilities | 10/49 | €901,815 | €856,028 | -€45,787 | -5.1% |
| Equity | 10/15 | €28,588 | -€97,043 | -€125,631 | |
| Contributions | 10/11 | €112,540 | €112,540 | = | 0.0% |
| Capital | 10 | €112,540 | €112,540 | = | 0.0% |
| Issued capital | 100 | €112,540 | €112,540 | = | 0.0% |
| Reserves | 13 | €13,899 | €13,899 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,641 | €5,641 | = | 0.0% |
| Legal reserve | 130 | €5,641 | €5,641 | = | 0.0% |
| Distributable reserves | 133 | €8,258 | €8,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,851 | -€223,482 | -€125,631 | -128.4% |
| Amounts payable | 17/49 | €873,227 | €953,070 | +€79,843 | +9.1% |
| Amounts payable within one year | 42/48 | €873,227 | €953,070 | +€79,843 | +9.1% |
| Trade debts | 44 | €655,101 | €677,219 | +€22,118 | +3.4% |
| Suppliers | 440/4 | €655,101 | €677,219 | +€22,118 | +3.4% |
| Taxes, remuneration and social security | 45 | €218,125 | €275,851 | +€57,725 | +26.5% |
| Taxes | 450/3 | €4,273 | €8,821 | +€4,548 | +106.4% |
| Remuneration and social security | 454/9 | €213,852 | €267,030 | +€53,178 | +24.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €3,318,595 | €3,417,061 | +€98,466 | +3.0% |
| Other operating charges | 640/8 | €1,453 | €1,473 | +€20 | +1.4% |
| Non-recurring operating charges | 66A | €19,838 | €250 | -€19,588 | -98.7% |
| Gross operating margin | 9900 | €3,242,792 | €3,294,374 | +€51,582 | +1.6% |
| Operating profit (loss) | 9901 | -€97,094 | -€124,409 | -€27,315 | -28.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €757 | €1,221 | +€464 | +61.3% |
| Recurring financial charges | 65 | €757 | €1,221 | +€464 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | -€97,851 | -€125,631 | -€27,779 | -28.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€97,851 | -€125,631 | -€27,779 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,851 | -€125,631 | -€27,779 | -28.4% |
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 12 October 2026 via checked.be.