Veratech: what changed
What changed
Veratech
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€33,711
2024 · €19,070+€14,641
Equity
€71,679
2024 · €37,968+€33,711
Cash
€72,805
2024 · €24,825+€47,980
Balance sheet total
€109,238
2024 · €92,470+€16,768
Largest movements
Assets
- Cash +€47,980
up €47,980 (+193%), from €24,825 to €72,805
mainly Net result for the year (+€33,711) and Receivables within one year (+€19,374)
- Receivables within one year -€19,374
down €19,374 (-64.8%), from €29,918 to €10,544
- Tangible fixed assets -€11,872
down €11,872 (-31.8%), from €37,306 to €25,435
Equity and liabilities
- Reserves +€33,500
up €33,500 (+98.5%), from €34,000 to €67,500
- Debts after one year -€10,976
down €10,976 (-43.6%), from €25,165 to €14,188
- Tax, wage and social debts -€5,403
down €5,403 (-31.0%), from €17,431 to €12,028
of which Taxes: -€3,503
Income statement
- Gross operating margin +€18,408
up €18,408 (+49.1%), from €37,502 to €55,911
- Taxes +€3,785
up €3,785 (+72.8%), from €5,197 to €8,982
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€19,070
Gross operating margin
+€18,408
Other operating charges
-€131
Financial income
+€3
Financial charges
+€145
Taxes
-€3,785
Result 2025
€33,711
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€58,634
Investment
€0
Financing
-€10,654
Cash 2024
€24,825
From operations (derived)
+€58,634
Net result for the year
+€33,711
Depreciation
+€11,872
Receivables within one year
+€19,374
Smaller working-capital items
+€34
Trade debts
-€603
Tax, wage and social debts
-€5,403
Accrued charges and deferred income
-€350
Financing
-€10,654
Debts after one year
-€10,976
Current portion of long-term debt
+€322
Cash 2025
€72,805
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,470 | €109,238 | +€16,768 | +18.1% |
| Fixed assets | 21/28 | €37,306 | €25,435 | -€11,872 | -31.8% |
| Tangible fixed assets | 22/27 | €37,306 | €25,435 | -€11,872 | -31.8% |
| Furniture and vehicles | 24 | €37,306 | €25,435 | -€11,872 | -31.8% |
| Current assets | 29/58 | €55,164 | €83,804 | +€28,640 | +51.9% |
| Amounts receivable within one year | 40/41 | €29,918 | €10,544 | -€19,374 | -64.8% |
| Trade receivables | 40 | €29,918 | €10,544 | -€19,374 | -64.8% |
| Cash at bank and in hand | 54/58 | €24,825 | €72,805 | +€47,980 | +193% |
| Deferred charges and accrued income | 490/1 | €422 | €455 | +€34 | +8.0% |
| Total equity and liabilities | 10/49 | €92,470 | €109,238 | +€16,768 | +18.1% |
| Equity | 10/15 | €37,968 | €71,679 | +€33,711 | +88.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,000 | €67,500 | +€33,500 | +98.5% |
| Distributable reserves | 133 | €34,000 | €67,500 | +€33,500 | +98.5% |
| Profit (loss) carried forward | 14 | €968 | €1,179 | +€211 | +21.8% |
| Amounts payable | 17/49 | €54,502 | €37,559 | -€16,943 | -31.1% |
| Amounts payable after more than one year | 17 | €25,165 | €14,188 | -€10,976 | -43.6% |
| Financial debts | 170/4 | €25,165 | €14,188 | -€10,976 | -43.6% |
| Amounts payable within one year | 42/48 | €28,988 | €23,371 | -€5,617 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €10,654 | €10,976 | +€322 | +3.0% |
| Trade debts | 44 | €775 | €171 | -€603 | -77.9% |
| Suppliers | 440/4 | €775 | €171 | -€603 | -77.9% |
| Taxes, remuneration and social security | 45 | €17,431 | €12,028 | -€5,403 | -31.0% |
| Taxes | 450/3 | €15,531 | €12,028 | -€3,503 | -22.6% |
| Remuneration and social security | 454/9 | €1,900 | - | -€1,900 | |
| Other amounts payable | 47/48 | €128 | €195 | +€67 | +52.8% |
| Accrued charges and deferred income | 492/3 | €350 | - | -€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,872 | €11,872 | = | 0.0% |
| Other operating charges | 640/8 | €102 | €233 | +€131 | +129% |
| Gross operating margin | 9900 | €37,502 | €55,911 | +€18,408 | +49.1% |
| Operating profit (loss) | 9901 | €25,529 | €43,806 | +€18,277 | +71.6% |
| Financial income | 75/76B | €0 | €3 | +€3 | +16,450% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +16,450% |
| Financial charges | 65/66B | €1,261 | €1,116 | -€145 | -11.5% |
| Recurring financial charges | 65 | €1,261 | €1,116 | -€145 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €24,268 | €42,693 | +€18,425 | +75.9% |
| Income taxes | 67/77 | €5,197 | €8,982 | +€3,785 | +72.8% |
| Profit (loss) for the period | 9904 | €19,070 | €33,711 | +€14,641 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,070 | €33,711 | +€14,641 | +76.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.