VERBEECK: 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.
VERBEECK
Largest movements
- Cash -€6,079
down €6,079 (-7.0%), from €86,394 to €80,315
mainly Investment in fixed assets (net) (-€9,215) and Net result for the year (-€5,579)
- Receivables within one year +€3,321
up €3,321 (+100.1%), from €3,317 to €6,638
of which Other amounts receivable: +€2,921
- Tangible fixed assets -€2,684
down €2,684 (-6.4%), from €41,962 to €39,278
of which Furniture and vehicles: -€2,864
- Stocks and contracts +€2,250
up €2,250 (+9.3%), from €24,248 to €26,498
- Other debts +€6,494
up €6,494 (+452.7%), from €1,435 to €7,928
- Profit (loss) carried forward -€5,579
down €5,579 (-42.2%), from €13,209 to €7,630
- Trade debts -€3,712
down €3,712 (-37.0%), from €10,028 to €6,317
- Gross operating margin -€33,902
down €33,902 (-77.4%), from €43,779 to €9,877
- Write-downs -€10,847
no longer reported in 2025 (was €10,847)
- Taxes -€6,554
down €6,554 (-98.0%), from €6,686 to €132
- Depreciation +€5,005
up €5,005 (+72.6%), from €6,894 to €11,899
- Other operating charges +€649
up €649 (+106.6%), from €609 to €1,259
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 | €155,995 | €152,786 | -€3,209 | -2.1% |
| Fixed assets | 21/28 | €41,962 | €39,278 | -€2,684 | -6.4% |
| Tangible fixed assets | 22/27 | €41,962 | €39,278 | -€2,684 | -6.4% |
| Land and buildings | 22 | €10,352 | €9,582 | -€770 | -7.4% |
| Plant, machinery and equipment | 23 | €14,844 | €15,794 | +€950 | +6.4% |
| Furniture and vehicles | 24 | €16,766 | €13,902 | -€2,864 | -17.1% |
| Current assets | 29/58 | €114,032 | €113,507 | -€525 | -0.5% |
| Stocks and contracts in progress | 3 | €24,248 | €26,498 | +€2,250 | +9.3% |
| Stocks | 30/36 | €24,248 | €26,498 | +€2,250 | +9.3% |
| Amounts receivable within one year | 40/41 | €3,317 | €6,638 | +€3,321 | +100.1% |
| Trade receivables | 40 | €90 | €490 | +€400 | +442.2% |
| Other amounts receivable | 41 | €3,226 | €6,148 | +€2,921 | +90.5% |
| Cash at bank and in hand | 54/58 | €86,394 | €80,315 | -€6,079 | -7.0% |
| Deferred charges and accrued income | 490/1 | €74 | €57 | -€17 | -23.4% |
| Total equity and liabilities | 10/49 | €155,995 | €152,786 | -€3,209 | -2.1% |
| Equity | 10/15 | €139,364 | €133,784 | -€5,579 | -4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €119,955 | €119,955 | = | 0.0% |
| Distributable reserves | 133 | €119,955 | €119,955 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,209 | €7,630 | -€5,579 | -42.2% |
| Amounts payable | 17/49 | €16,631 | €19,001 | +€2,370 | +14.3% |
| Amounts payable within one year | 42/48 | €16,631 | €19,001 | +€2,370 | +14.3% |
| Trade debts | 44 | €10,028 | €6,317 | -€3,712 | -37.0% |
| Suppliers | 440/4 | €10,028 | €6,317 | -€3,712 | -37.0% |
| Taxes, remuneration and social security | 45 | €5,168 | €4,756 | -€412 | -8.0% |
| Taxes | 450/3 | €1,168 | €756 | -€412 | -35.3% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,435 | €7,928 | +€6,494 | +452.7% |
| Remuneration, social security and pensions | 62 | - | €266 | +€266 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,894 | €11,899 | +€5,005 | +72.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,847 | - | -€10,847 | |
| Other operating charges | 640/8 | €609 | €1,259 | +€649 | +106.6% |
| Gross operating margin | 9900 | €43,779 | €9,877 | -€33,902 | -77.4% |
| Operating profit (loss) | 9901 | €25,429 | -€3,546 | -€28,976 | |
| Financial income | 75/76B | €52 | €6 | -€45 | -87.7% |
| Recurring financial income | 75 | €52 | €6 | -€45 | -87.7% |
| Financial charges | 65/66B | €1,623 | €1,907 | +€284 | +17.5% |
| Recurring financial charges | 65 | €1,623 | €1,907 | +€284 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €23,857 | -€5,447 | -€29,305 | |
| Income taxes | 67/77 | €6,686 | €132 | -€6,554 | -98.0% |
| Profit (loss) for the period | 9904 | €17,171 | -€5,579 | -€22,751 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,171 | -€5,579 | -€22,751 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.