Verbach: 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.
Verbach
Largest movements
- Receivables within one year +€42,173
up €42,173 (+29.6%), from €142,371 to €184,544
of which Other amounts receivable: +€29,995
- Cash +€19,721
up €19,721 (+134.5%), from €14,665 to €34,386
mainly Net result for the year (+€45,780) and Depreciation (+€44,099)
- Debts after one year -€70,733
down €70,733 (-14.7%), from €480,749 to €410,016
of which Other amounts payable: -€72,300
- Reserves +€45,780
up €45,780 (+972.5%), from €4,708 to €50,488
- Trade debts +€41,545
up €41,545 (+105.2%), from €39,493 to €81,038
- Tax, wage and social debts +€21,936
up €21,936 (+309.5%), from €7,087 to €29,023
of which Taxes: +€20,894
- Current portion of long-term debt +€7,833
up €7,833 (+26.9%), from €29,166 to €36,999
- Taxes +€11,508
up €11,508 (+1461.1%), from €788 to €12,295
- Write-downs +€10,865
new in 2025: €10,865
- Gross operating margin +€10,125
up €10,125 (+6.5%), from €155,258 to €165,384
- Depreciation +€5,130
up €5,130 (+13.2%), from €38,969 to €44,099
- Staff costs -€4,023
down €4,023 (-8.9%), from €45,310 to €41,286
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 | €566,203 | €612,564 | +€46,361 | +8.2% |
| Fixed assets | 21/28 | €367,177 | €358,480 | -€8,697 | -2.4% |
| Intangible fixed assets | 21 | €9,285 | €6,515 | -€2,770 | -29.8% |
| Tangible fixed assets | 22/27 | €157,891 | €151,965 | -€5,926 | -3.8% |
| Plant, machinery and equipment | 23 | €53,629 | €68,520 | +€14,891 | +27.8% |
| Furniture and vehicles | 24 | €104,262 | €83,445 | -€20,818 | -20.0% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €199,026 | €254,084 | +€55,058 | +27.7% |
| Stocks and contracts in progress | 3 | €40,328 | €35,154 | -€5,174 | -12.8% |
| Stocks | 30/36 | €40,328 | €35,154 | -€5,174 | -12.8% |
| Amounts receivable within one year | 40/41 | €142,371 | €184,544 | +€42,173 | +29.6% |
| Trade receivables | 40 | €91,266 | €103,444 | +€12,178 | +13.3% |
| Other amounts receivable | 41 | €51,105 | €81,100 | +€29,995 | +58.7% |
| Cash at bank and in hand | 54/58 | €14,665 | €34,386 | +€19,721 | +134.5% |
| Deferred charges and accrued income | 490/1 | €1,662 | - | -€1,662 | |
| Total equity and liabilities | 10/49 | €566,203 | €612,564 | +€46,361 | +8.2% |
| Equity | 10/15 | €9,708 | €55,488 | +€45,780 | +471.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €4,708 | €50,488 | +€45,780 | +972.5% |
| Distributable reserves | 133 | €4,708 | €50,488 | +€45,780 | +972.5% |
| Amounts payable | 17/49 | €556,495 | €557,076 | +€581 | +0.1% |
| Amounts payable after more than one year | 17 | €480,749 | €410,016 | -€70,733 | -14.7% |
| Financial debts | 170/4 | €68,713 | €70,280 | +€1,567 | +2.3% |
| Other amounts payable | 178/9 | €412,036 | €339,736 | -€72,300 | -17.5% |
| Amounts payable within one year | 42/48 | €75,746 | €147,060 | +€71,314 | +94.1% |
| Current portion of amounts payable after more than one year | 42 | €29,166 | €36,999 | +€7,833 | +26.9% |
| Trade debts | 44 | €39,493 | €81,038 | +€41,545 | +105.2% |
| Suppliers | 440/4 | €39,493 | €81,038 | +€41,545 | +105.2% |
| Taxes, remuneration and social security | 45 | €7,087 | €29,023 | +€21,936 | +309.5% |
| Taxes | 450/3 | €2,763 | €23,658 | +€20,894 | +756.1% |
| Remuneration and social security | 454/9 | €4,323 | €5,365 | +€1,042 | +24.1% |
| Remuneration, social security and pensions | 62 | €45,310 | €41,286 | -€4,023 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,969 | €44,099 | +€5,130 | +13.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,865 | +€10,865 | |
| Other operating charges | 640/8 | €2,328 | €3,590 | +€1,262 | +54.2% |
| Gross operating margin | 9900 | €155,258 | €165,384 | +€10,125 | +6.5% |
| Operating profit (loss) | 9901 | €68,652 | €65,543 | -€3,109 | -4.5% |
| Financial income | 75/76B | €17 | €7 | -€10 | -58.1% |
| Recurring financial income | 75 | €17 | €7 | -€10 | -58.1% |
| Financial charges | 65/66B | €6,587 | €7,475 | +€888 | +13.5% |
| Recurring financial charges | 65 | €6,587 | €7,475 | +€888 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €62,082 | €58,075 | -€4,007 | -6.5% |
| Income taxes | 67/77 | €788 | €12,295 | +€11,508 | +1461.1% |
| Profit (loss) for the period | 9904 | €61,294 | €45,780 | -€15,514 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,294 | €45,780 | -€15,514 | -25.3% |
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 11 October 2026 via checked.be.