VERBANET: 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.
VERBANET
Largest movements
- Tangible fixed assets -€19,003
down €19,003 (-3.0%), from €630,670 to €611,667
of which Land and buildings: -€15,422
- Current investments +€18,819
up €18,819 (+21.6%), from €87,236 to €106,056
- Other debts +€56,474
up €56,474 (+83.5%), from €67,669 to €124,143
- Reserves -€43,269
down €43,269 (-9.7%), from €446,944 to €403,675
- Debts after one year -€13,962
down €13,962 (-5.5%), from €254,865 to €240,903
- Financial income -€8,369
down €8,369 (-86.2%), from €9,704 to €1,336
- Gross operating margin -€3,436
down €3,436 (-3.6%), from €96,009 to €92,572
- Taxes -€2,754
down €2,754 (-16.0%), from €17,241 to €14,487
- Financial charges +€2,123
up €2,123 (+12.4%), from €17,180 to €19,303
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.
Derived cash bridge
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 | €817,562 | €813,875 | -€3,687 | -0.5% |
| Fixed assets | 21/28 | €673,370 | €654,367 | -€19,003 | -2.8% |
| Tangible fixed assets | 22/27 | €630,670 | €611,667 | -€19,003 | -3.0% |
| Land and buildings | 22 | €617,965 | €602,543 | -€15,422 | -2.5% |
| Plant, machinery and equipment | 23 | €8,608 | €7,656 | -€952 | -11.1% |
| Furniture and vehicles | 24 | €4,097 | €1,468 | -€2,629 | -64.2% |
| Financial fixed assets | 28 | €42,700 | €42,700 | = | 0.0% |
| Current assets | 29/58 | €144,192 | €159,508 | +€15,317 | +10.6% |
| Amounts receivable within one year | 40/41 | €27,979 | €25,913 | -€2,066 | -7.4% |
| Other amounts receivable | 41 | €27,979 | €25,913 | -€2,066 | -7.4% |
| Current investments | 50/53 | €87,236 | €106,056 | +€18,819 | +21.6% |
| Cash at bank and in hand | 54/58 | €25,184 | €23,519 | -€1,665 | -6.6% |
| Deferred charges and accrued income | 490/1 | €3,793 | €4,021 | +€229 | +6.0% |
| Total equity and liabilities | 10/49 | €817,562 | €813,875 | -€3,687 | -0.5% |
| Equity | 10/15 | €465,544 | €422,275 | -€43,269 | -9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €446,944 | €403,675 | -€43,269 | -9.7% |
| Distributable reserves | 133 | €446,944 | €403,675 | -€43,269 | -9.7% |
| Amounts payable | 17/49 | €352,018 | €391,601 | +€39,582 | +11.2% |
| Amounts payable after more than one year | 17 | €254,865 | €240,903 | -€13,962 | -5.5% |
| Financial debts | 170/4 | €254,865 | €240,903 | -€13,962 | -5.5% |
| Amounts payable within one year | 42/48 | €97,153 | €150,698 | +€53,545 | +55.1% |
| Current portion of amounts payable after more than one year | 42 | €13,458 | €13,962 | +€504 | +3.7% |
| Trade debts | 44 | €3,404 | €3,409 | +€5 | +0.2% |
| Suppliers | 440/4 | €3,404 | €3,409 | +€5 | +0.2% |
| Taxes, remuneration and social security | 45 | €12,622 | €9,183 | -€3,439 | -27.2% |
| Taxes | 450/3 | €12,622 | €9,183 | -€3,439 | -27.2% |
| Other amounts payable | 47/48 | €67,669 | €124,143 | +€56,474 | +83.5% |
| Non-recurring operating income | 76A | - | €2,989 | +€2,989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,650 | €24,487 | -€163 | -0.7% |
| Other operating charges | 640/8 | €1,672 | €1,218 | -€454 | -27.1% |
| Gross operating margin | 9900 | €96,009 | €92,572 | -€3,436 | -3.6% |
| Operating profit (loss) | 9901 | €69,687 | €66,867 | -€2,819 | -4.0% |
| Financial income | 75/76B | €9,704 | €1,336 | -€8,369 | -86.2% |
| Recurring financial income | 75 | €9,704 | €1,336 | -€8,369 | -86.2% |
| Financial charges | 65/66B | €17,180 | €19,303 | +€2,123 | +12.4% |
| Recurring financial charges | 65 | €17,180 | €19,303 | +€2,123 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €62,211 | €48,900 | -€13,311 | -21.4% |
| Income taxes | 67/77 | €17,241 | €14,487 | -€2,754 | -16.0% |
| Profit (loss) for the period | 9904 | €44,970 | €34,413 | -€10,557 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,970 | €34,413 | -€10,557 | -23.5% |
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 18 October 2026 via checked.be.