VERANN: 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.
VERANN
Largest movements
- Cash -€275,505
down €275,505 (-99.8%), from €276,180 to €675
mainly Other debts (-€260,965) and Net result for the year (-€13,843)
- Other debts -€260,965
down €260,965 (-95.9%), from €272,230 to €11,265
- Profit (loss) carried forward -€13,843
down €13,843 (-21.5%), from -€64,490 to -€78,333
- Other operating charges -€24,927
down €24,927 (-96.3%), from €25,894 to €967
- Gross operating margin -€19,736
down €19,736, from €7,002 to -€12,734
- Depreciation -€348
down €348 (-100.0%), from €348 to €0
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 | €306,421 | €32,564 | -€273,857 | -89.4% |
| Fixed assets | 21/28 | €14,836 | €14,836 | = | 0.0% |
| Tangible fixed assets | 22/27 | €12,336 | €12,336 | = | 0.0% |
| Land and buildings | 22 | €12,336 | €12,336 | = | 0.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €291,584 | €17,728 | -€273,857 | -93.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €15,404 | €15,715 | +€311 | +2.0% |
| Other amounts receivable | 41 | €15,404 | €15,715 | +€311 | +2.0% |
| Cash at bank and in hand | 54/58 | €276,180 | €675 | -€275,505 | -99.8% |
| Deferred charges and accrued income | 490/1 | €0 | €1,338 | +€1,338 | |
| Total equity and liabilities | 10/49 | €306,421 | €32,564 | -€273,857 | -89.4% |
| Equity | 10/15 | €8,510 | -€5,333 | -€13,843 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €48,000 | €48,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €45,500 | €45,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,490 | -€78,333 | -€13,843 | -21.5% |
| Amounts payable | 17/49 | €297,911 | €37,897 | -€260,014 | -87.3% |
| Amounts payable after more than one year | 17 | €114 | €0 | -€114 | -100.0% |
| Other amounts payable | 178/9 | €114 | €0 | -€114 | -100.0% |
| Amounts payable within one year | 42/48 | €297,797 | €37,859 | -€259,938 | -87.3% |
| Trade debts | 44 | €1,489 | €2,470 | +€980 | +65.8% |
| Suppliers | 440/4 | €1,489 | €2,470 | +€980 | +65.8% |
| Taxes, remuneration and social security | 45 | €24,078 | €24,124 | +€46 | +0.2% |
| Taxes | 450/3 | €24,078 | €24,124 | +€46 | +0.2% |
| Other amounts payable | 47/48 | €272,230 | €11,265 | -€260,965 | -95.9% |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €348 | €0 | -€348 | -100.0% |
| Other operating charges | 640/8 | €25,894 | €967 | -€24,927 | -96.3% |
| Gross operating margin | 9900 | €7,002 | -€12,734 | -€19,736 | |
| Operating profit (loss) | 9901 | -€19,240 | -€13,701 | +€5,539 | +28.8% |
| Financial charges | 65/66B | €117 | €142 | +€25 | +21.3% |
| Recurring financial charges | 65 | €117 | €142 | +€25 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,357 | -€13,843 | +€5,514 | +28.5% |
| Profit (loss) for the period | 9904 | -€19,357 | -€13,843 | +€5,514 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,357 | -€13,843 | +€5,514 | +28.5% |
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 3 October 2026 via checked.be.