VERANI: 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.
VERANI
Largest movements
- Tangible fixed assets +€131,978
up €131,978 (+387.7%), from €34,042 to €166,020
- Cash -€18,568
down €18,568 (-53.0%), from €35,024 to €16,456
mainly Investment in fixed assets (net) (-€132,123) and Receivables within one year (-€1,839)
- Debts after one year +€92,558
new in 2025: €92,558
- Reserves +€10,088
up €10,088 (+10.4%), from €97,346 to €107,434
- Current portion of long-term debt +€9,372
new in 2025: €9,372
- Gross operating margin -€7,196
down €7,196 (-32.5%), from €22,115 to €14,920
- Financial charges +€5,409
up €5,409, from -€3,277 to €2,132
- Taxes -€2,154
down €2,154 (-40.1%), from €5,369 to €3,216
- Financial income +€619
up €619 (+582.2%), from €106 to €726
- Other operating charges -€382
down €382 (-85.5%), from €446 to €65
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 | €125,666 | €241,423 | +€115,757 | +92.1% |
| Fixed assets | 21/28 | €34,042 | €166,020 | +€131,978 | +387.7% |
| Tangible fixed assets | 22/27 | €34,042 | €166,020 | +€131,978 | +387.7% |
| Land and buildings | 22 | €34,042 | €166,020 | +€131,978 | +387.7% |
| Current assets | 29/58 | €91,623 | €75,403 | -€16,221 | -17.7% |
| Amounts receivable within one year | 40/41 | €6,163 | €8,002 | +€1,839 | +29.8% |
| Other amounts receivable | 41 | €6,163 | €8,002 | +€1,839 | +29.8% |
| Current investments | 50/53 | €50,437 | €50,945 | +€508 | +1.0% |
| Cash at bank and in hand | 54/58 | €35,024 | €16,456 | -€18,568 | -53.0% |
| Total equity and liabilities | 10/49 | €125,666 | €241,423 | +€115,757 | +92.1% |
| Equity | 10/15 | €115,946 | €126,034 | +€10,088 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,346 | €107,434 | +€10,088 | +10.4% |
| Distributable reserves | 133 | €97,346 | €107,434 | +€10,088 | +10.4% |
| Amounts payable | 17/49 | €9,719 | €115,388 | +€105,669 | +1087.2% |
| Amounts payable after more than one year | 17 | - | €92,558 | +€92,558 | |
| Financial debts | 170/4 | - | €92,558 | +€92,558 | |
| Amounts payable within one year | 42/48 | €9,719 | €20,880 | +€11,161 | +114.8% |
| Current portion of amounts payable after more than one year | 42 | - | €9,372 | +€9,372 | |
| Financial debts | 43 | €5,019 | €5,014 | -€5 | -0.1% |
| Credit institutions | 430/8 | €5,019 | €5,014 | -€5 | -0.1% |
| Trade debts | 44 | €4,700 | €6,494 | +€1,794 | +38.2% |
| Suppliers | 440/4 | €4,700 | €6,494 | +€1,794 | +38.2% |
| Accrued charges and deferred income | 492/3 | - | €1,950 | +€1,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €145 | +€145 | |
| Other operating charges | 640/8 | €446 | €65 | -€382 | -85.5% |
| Gross operating margin | 9900 | €22,115 | €14,920 | -€7,196 | -32.5% |
| Operating profit (loss) | 9901 | €21,669 | €14,710 | -€6,959 | -32.1% |
| Financial income | 75/76B | €106 | €726 | +€619 | +582.2% |
| Recurring financial income | 75 | €106 | €726 | +€619 | +582.2% |
| Financial charges | 65/66B | -€3,277 | €2,132 | +€5,409 | |
| Recurring financial charges | 65 | -€3,277 | €2,132 | +€5,409 | |
| Profit (loss) for the period before taxes | 9903 | €25,053 | €13,304 | -€11,749 | -46.9% |
| Income taxes | 67/77 | €5,369 | €3,216 | -€2,154 | -40.1% |
| Profit (loss) for the period | 9904 | €19,683 | €10,088 | -€9,595 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,683 | €10,088 | -€9,595 | -48.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.