VERBA: 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.
VERBA
Largest movements
- Cash +€32,498
up €32,498 (+99.9%), from €32,527 to €65,025
mainly Net result for the year (+€38,187) and Tax, wage and social debts (+€2,866)
- Receivables within one year +€2,420
up €2,420 (+9.8%), from €24,580 to €27,000
- Reserves +€37,000
up €37,000 (+105.7%), from €35,000 to €72,000
- Other debts -€5,299
down €5,299 (-86.4%), from €6,132 to €833
- Tax, wage and social debts +€2,866
up €2,866 (+20.2%), from €14,204 to €17,070
- Gross operating margin +€4,344
up €4,344 (+9.5%), from €45,547 to €49,892
- Taxes +€1,342
up €1,342 (+14.2%), from €9,432 to €10,774
- Other operating charges +€787
up €787 (+715.5%), from €110 to €897
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 | €57,107 | €92,025 | +€34,918 | +61.1% |
| Current assets | 29/58 | €57,107 | €92,025 | +€34,918 | +61.1% |
| Amounts receivable within one year | 40/41 | €24,580 | €27,000 | +€2,420 | +9.8% |
| Trade receivables | 40 | €24,580 | €27,000 | +€2,420 | +9.8% |
| Cash at bank and in hand | 54/58 | €32,527 | €65,025 | +€32,498 | +99.9% |
| Total equity and liabilities | 10/49 | €57,107 | €92,025 | +€34,918 | +61.1% |
| Equity | 10/15 | €36,572 | €73,926 | +€37,354 | +102.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €35,000 | €72,000 | +€37,000 | +105.7% |
| Distributable reserves | 133 | €35,000 | €72,000 | +€37,000 | +105.7% |
| Profit (loss) carried forward | 14 | €72 | €426 | +€354 | +488.9% |
| Amounts payable | 17/49 | €20,535 | €18,099 | -€2,436 | -11.9% |
| Amounts payable within one year | 42/48 | €20,535 | €18,099 | -€2,436 | -11.9% |
| Trade debts | 44 | €199 | €196 | -€3 | -1.5% |
| Suppliers | 440/4 | €199 | €196 | -€3 | -1.5% |
| Taxes, remuneration and social security | 45 | €14,204 | €17,070 | +€2,866 | +20.2% |
| Taxes | 450/3 | €14,204 | €17,070 | +€2,866 | +20.2% |
| Other amounts payable | 47/48 | €6,132 | €833 | -€5,299 | -86.4% |
| Other operating charges | 640/8 | €110 | €897 | +€787 | +715.5% |
| Gross operating margin | 9900 | €45,547 | €49,892 | +€4,344 | +9.5% |
| Operating profit (loss) | 9901 | €45,437 | €48,994 | +€3,557 | +7.8% |
| Financial charges | 65/66B | €100 | €33 | -€67 | -66.7% |
| Recurring financial charges | 65 | €100 | €33 | -€67 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €45,337 | €48,961 | +€3,624 | +8.0% |
| Income taxes | 67/77 | €9,432 | €10,774 | +€1,342 | +14.2% |
| Profit (loss) for the period | 9904 | €35,905 | €38,187 | +€2,282 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,905 | €38,187 | +€2,282 | +6.4% |
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.