Verbati: 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.
Verbati
Largest movements
- Cash +€17,950
up €17,950 (+27.6%), from €65,102 to €83,052
mainly Net result for the year (+€25,747) and Trade debts (+€1,728)
- Receivables within one year +€2,258
up €2,258 (+23.3%), from €9,680 to €11,938
of which Other amounts receivable: +€2,258
- Reserves +€25,747
up €25,747 (+45.7%), from €56,387 to €82,134
- Tax, wage and social debts -€8,196
down €8,196 (-53.6%), from €15,306 to €7,110
- Trade debts +€1,728
up €1,728 (+23.9%), from €7,219 to €8,946
- Gross operating margin -€5,208
down €5,208 (-13.4%), from €38,986 to €33,778
- Taxes -€575
down €575 (-7.1%), from €8,126 to €7,551
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 | €79,437 | €98,715 | +€19,278 | +24.3% |
| Current assets | 29/58 | €79,437 | €98,715 | +€19,278 | +24.3% |
| Stocks and contracts in progress | 3 | €4,655 | €3,725 | -€930 | -20.0% |
| Stocks | 30/36 | €4,655 | €3,725 | -€930 | -20.0% |
| Amounts receivable within one year | 40/41 | €9,680 | €11,938 | +€2,258 | +23.3% |
| Trade receivables | 40 | €9,680 | €9,680 | = | 0.0% |
| Other amounts receivable | 41 | - | €2,258 | +€2,258 | |
| Cash at bank and in hand | 54/58 | €65,102 | €83,052 | +€17,950 | +27.6% |
| Total equity and liabilities | 10/49 | €79,437 | €98,715 | +€19,278 | +24.3% |
| Equity | 10/15 | €56,387 | €82,134 | +€25,747 | +45.7% |
| Reserves | 13 | €56,387 | €82,134 | +€25,747 | +45.7% |
| Distributable reserves | 133 | €56,387 | €82,134 | +€25,747 | +45.7% |
| Amounts payable | 17/49 | €23,050 | €16,581 | -€6,469 | -28.1% |
| Amounts payable within one year | 42/48 | €23,050 | €16,581 | -€6,469 | -28.1% |
| Trade debts | 44 | €7,219 | €8,946 | +€1,728 | +23.9% |
| Suppliers | 440/4 | €7,219 | €8,946 | +€1,728 | +23.9% |
| Taxes, remuneration and social security | 45 | €15,306 | €7,110 | -€8,196 | -53.6% |
| Taxes | 450/3 | €15,306 | €7,110 | -€8,196 | -53.6% |
| Other amounts payable | 47/48 | €525 | €525 | = | 0.0% |
| Other operating charges | 640/8 | - | €288 | +€288 | |
| Gross operating margin | 9900 | €38,986 | €33,778 | -€5,208 | -13.4% |
| Operating profit (loss) | 9901 | €38,986 | €33,489 | -€5,497 | -14.1% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | €135 | €224 | +€89 | +65.8% |
| Recurring financial charges | 65 | €135 | €224 | +€89 | +65.8% |
| Profit (loss) for the period before taxes | 9903 | €38,851 | €33,298 | -€5,553 | -14.3% |
| Income taxes | 67/77 | €8,126 | €7,551 | -€575 | -7.1% |
| Profit (loss) for the period | 9904 | €30,725 | €25,747 | -€4,978 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,725 | €25,747 | -€4,978 | -16.2% |
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 22 October 2026 via checked.be.