VERBABO: 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.
VERBABO
Largest movements
- Stocks and contracts -€8,500
no longer reported in 2025 (was €8,500)
- Deferred charges and accrued income -€2,530
down €2,530 (-62.5%), from €4,050 to €1,521
- Receivables within one year -€888
down €888 (-15.2%), from €5,831 to €4,943
of which Trade receivables: -€1,570
- Cash -€812
down €812 (-2.7%), from €29,578 to €28,766
mainly Debts after one year (-€10,000) and Trade debts (-€5,618)
- Profit (loss) carried forward +€13,352
up €13,352 (+33.9%), from -€39,332 to -€25,980
- Debts after one year -€10,000
down €10,000 (-57.1%), from €17,500 to €7,500
- Trade debts -€5,618
down €5,618 (-31.0%), from €18,093 to €12,475
- Tax, wage and social debts -€5,501
down €5,501 (-66.1%), from €8,322 to €2,821
of which Taxes: -€3,131
- Other debts -€4,963
down €4,963 (-26.4%), from €18,780 to €13,817
- Gross operating margin +€29,212
up €29,212 (+59.5%), from €49,102 to €78,314
- Staff costs +€13,204
up €13,204 (+27.0%), from €48,900 to €62,103
- Financial charges +€1,172
up €1,172 (+242.6%), from €483 to €1,656
- Financial income +€1,068
up €1,068 (+931.8%), from €115 to €1,182
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 | €53,414 | €40,684 | -€12,729 | -23.8% |
| Fixed assets | 21/28 | €5,455 | €5,455 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,455 | €5,455 | = | 0.0% |
| Furniture and vehicles | 24 | €5,455 | €5,455 | = | 0.0% |
| Current assets | 29/58 | €47,959 | €35,230 | -€12,729 | -26.5% |
| Stocks and contracts in progress | 3 | €8,500 | - | -€8,500 | |
| Stocks | 30/36 | €8,500 | - | -€8,500 | |
| Amounts receivable within one year | 40/41 | €5,831 | €4,943 | -€888 | -15.2% |
| Trade receivables | 40 | €5,831 | €4,261 | -€1,570 | -26.9% |
| Other amounts receivable | 41 | - | €682 | +€682 | |
| Cash at bank and in hand | 54/58 | €29,578 | €28,766 | -€812 | -2.7% |
| Deferred charges and accrued income | 490/1 | €4,050 | €1,521 | -€2,530 | -62.5% |
| Total equity and liabilities | 10/49 | €53,414 | €40,684 | -€12,729 | -23.8% |
| Equity | 10/15 | -€9,281 | €4,071 | +€13,352 | |
| Contributions | 10/11 | €30,051 | €30,051 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,332 | -€25,980 | +€13,352 | +33.9% |
| Amounts payable | 17/49 | €62,695 | €36,614 | -€26,082 | -41.6% |
| Amounts payable after more than one year | 17 | €17,500 | €7,500 | -€10,000 | -57.1% |
| Financial debts | 170/4 | €17,500 | €7,500 | -€10,000 | -57.1% |
| Amounts payable within one year | 42/48 | €45,195 | €29,114 | -€16,082 | -35.6% |
| Trade debts | 44 | €18,093 | €12,475 | -€5,618 | -31.0% |
| Suppliers | 440/4 | €18,093 | €12,475 | -€5,618 | -31.0% |
| Taxes, remuneration and social security | 45 | €8,322 | €2,821 | -€5,501 | -66.1% |
| Taxes | 450/3 | €3,792 | €662 | -€3,131 | -82.6% |
| Remuneration and social security | 454/9 | €4,530 | €2,160 | -€2,370 | -52.3% |
| Other amounts payable | 47/48 | €18,780 | €13,817 | -€4,963 | -26.4% |
| Remuneration, social security and pensions | 62 | €48,900 | €62,103 | +€13,204 | +27.0% |
| Other operating charges | 640/8 | €1,412 | €2,050 | +€638 | +45.2% |
| Gross operating margin | 9900 | €49,102 | €78,314 | +€29,212 | +59.5% |
| Operating profit (loss) | 9901 | -€1,209 | €14,161 | +€15,370 | |
| Financial income | 75/76B | €115 | €1,182 | +€1,068 | +931.8% |
| Recurring financial income | 75 | €115 | €1,182 | +€1,068 | +931.8% |
| Financial charges | 65/66B | €483 | €1,656 | +€1,172 | +242.6% |
| Recurring financial charges | 65 | €483 | €1,656 | +€1,172 | +242.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,578 | €13,688 | +€15,265 | |
| Income taxes | 67/77 | €326 | €335 | +€9 | +2.9% |
| Profit (loss) for the period | 9904 | -€1,904 | €13,352 | +€15,256 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,904 | €13,352 | +€15,256 |
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 4 October 2026 via checked.be.