VERBACON: 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.
VERBACON
Largest movements
- Cash +€27,991
up €27,991 (+232.9%), from €12,017 to €40,008
mainly Net result for the year (+€44,887) and Receivables within one year (+€9,744)
- Receivables within one year -€9,744
down €9,744 (-14.3%), from €68,126 to €58,382
of which Trade receivables: -€7,623
- Receivables after one year -€7,320
down €7,320 (-23.8%), from €30,778 to €23,457
- Tangible fixed assets +€3,485
up €3,485 (+315.8%), from €1,103 to €4,588
of which Furniture and vehicles: +€3,547
- Deferred charges and accrued income +€2,571
up €2,571 (+1783.8%), from €144 to €2,715
- Reserves +€19,887
up €19,887 (+29.4%), from €67,639 to €87,527
of which Distributable reserves: +€19,887
- Tax, wage and social debts -€7,574
down €7,574 (-34.4%), from €22,031 to €14,456
of which Taxes: -€7,574
- Other debts +€2,500
up €2,500 (+16.7%), from €15,000 to €17,500
- Trade debts +€2,169
up €2,169 (+167.1%), from €1,298 to €3,467
- Gross operating margin +€25,487
up €25,487 (+61.9%), from €41,164 to €66,652
- Taxes +€6,249
up €6,249 (+75.3%), from €8,300 to €14,549
- Other operating charges +€1,346
up €1,346 (+139.2%), from €967 to €2,313
- Financial charges +€1,010
up €1,010 (+25.6%), from €3,951 to €4,962
- Depreciation -€893
down €893 (-31.3%), from €2,853 to €1,960
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,168 | €129,150 | +€16,982 | +15.1% |
| Fixed assets | 21/28 | €1,103 | €4,588 | +€3,485 | +315.8% |
| Tangible fixed assets | 22/27 | €1,103 | €4,588 | +€3,485 | +315.8% |
| Plant, machinery and equipment | 23 | €63 | €0 | -€63 | -100.0% |
| Furniture and vehicles | 24 | €1,041 | €4,588 | +€3,547 | +340.8% |
| Current assets | 29/58 | €111,065 | €124,562 | +€13,497 | +12.2% |
| Amounts receivable after more than one year | 29 | €30,778 | €23,457 | -€7,320 | -23.8% |
| Other amounts receivable | 291 | €30,778 | €23,457 | -€7,320 | -23.8% |
| Amounts receivable within one year | 40/41 | €68,126 | €58,382 | -€9,744 | -14.3% |
| Trade receivables | 40 | €42,471 | €34,848 | -€7,623 | -17.9% |
| Other amounts receivable | 41 | €25,655 | €23,534 | -€2,121 | -8.3% |
| Cash at bank and in hand | 54/58 | €12,017 | €40,008 | +€27,991 | +232.9% |
| Deferred charges and accrued income | 490/1 | €144 | €2,715 | +€2,571 | +1783.8% |
| Total equity and liabilities | 10/49 | €112,168 | €129,150 | +€16,982 | +15.1% |
| Equity | 10/15 | €73,839 | €93,727 | +€19,887 | +26.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €67,639 | €87,527 | +€19,887 | +29.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €67,639 | €87,527 | +€19,887 | +29.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,329 | €35,424 | -€2,905 | -7.6% |
| Amounts payable within one year | 42/48 | €38,329 | €35,424 | -€2,905 | -7.6% |
| Trade debts | 44 | €1,298 | €3,467 | +€2,169 | +167.1% |
| Suppliers | 440/4 | €1,298 | €3,467 | +€2,169 | +167.1% |
| Taxes, remuneration and social security | 45 | €22,031 | €14,456 | -€7,574 | -34.4% |
| Taxes | 450/3 | €22,031 | €14,456 | -€7,574 | -34.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €15,000 | €17,500 | +€2,500 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,853 | €1,960 | -€893 | -31.3% |
| Other operating charges | 640/8 | €967 | €2,313 | +€1,346 | +139.2% |
| Gross operating margin | 9900 | €41,164 | €66,652 | +€25,487 | +61.9% |
| Operating profit (loss) | 9901 | €37,344 | €62,378 | +€25,034 | +67.0% |
| Financial income | 75/76B | €1,365 | €2,020 | +€654 | +47.9% |
| Recurring financial income | 75 | €1,365 | €2,020 | +€654 | +47.9% |
| Financial charges | 65/66B | €3,951 | €4,962 | +€1,010 | +25.6% |
| Recurring financial charges | 65 | €3,951 | €4,962 | +€1,010 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | €34,758 | €59,436 | +€24,678 | +71.0% |
| Income taxes | 67/77 | €8,300 | €14,549 | +€6,249 | +75.3% |
| Profit (loss) for the period | 9904 | €26,458 | €44,887 | +€18,429 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,458 | €44,887 | +€18,429 | +69.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.