VERBEECK-DE GRAEVE: what changed
VERBEECK-DE GRAEVE
Largest movements
- Receivables within one year +€29,272
up €29,272 (+74.1%), from €39,484 to €68,756
of which Trade receivables: +€25,652
- Cash -€23,828
down €23,828 (-50.3%), from €47,405 to €23,577
mainly Contributions, distributions and other (-€40,918) and Receivables within one year (-€29,272)
- Tangible fixed assets -€15,402
down €15,402 (-52.9%), from €29,109 to €13,707
- Deferred charges and accrued income -€1,670
down €1,670 (-44.7%), from €3,736 to €2,066
- Reserves -€21,267
down €21,267 (-65.1%), from €32,659 to €11,392
of which Distributable reserves: -€21,267
- Other debts +€18,658
up €18,658 (+83.8%), from €22,260 to €40,918
- Current portion of long-term debt -€6,977
down €6,977 (-48.4%), from €14,418 to €7,441
- Debts after one year -€6,524
down €6,524 (-58.7%), from €11,110 to €4,586
- Tax, wage and social debts +€2,581
up €2,581 (+14.7%), from €17,546 to €20,127
- Gross operating margin +€3,343
up €3,343 (+6.7%), from €49,667 to €53,011
- Other operating charges +€1,663
up €1,663 (+95.3%), from €1,744 to €3,407
- Financial income -€1,414
down €1,414 (-80.6%), from €1,754 to €340
- Taxes +€1,327
up €1,327 (+13.2%), from €10,048 to €11,375
- Financial charges +€817
up €817 (+93.3%), from €876 to €1,692
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,733 | €108,106 | -€11,628 | -9.7% |
| Fixed assets | 21/28 | €29,109 | €13,707 | -€15,402 | -52.9% |
| Tangible fixed assets | 22/27 | €29,109 | €13,707 | -€15,402 | -52.9% |
| Furniture and vehicles | 24 | €29,109 | €13,707 | -€15,402 | -52.9% |
| Current assets | 29/58 | €90,625 | €94,399 | +€3,774 | +4.2% |
| Amounts receivable within one year | 40/41 | €39,484 | €68,756 | +€29,272 | +74.1% |
| Trade receivables | 40 | €20,328 | €45,980 | +€25,652 | +126% |
| Other amounts receivable | 41 | €19,156 | €22,776 | +€3,620 | +18.9% |
| Cash at bank and in hand | 54/58 | €47,405 | €23,577 | -€23,828 | -50.3% |
| Deferred charges and accrued income | 490/1 | €3,736 | €2,066 | -€1,670 | -44.7% |
| Total equity and liabilities | 10/49 | €119,733 | €108,106 | -€11,628 | -9.7% |
| Equity | 10/15 | €51,259 | €29,992 | -€21,267 | -41.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,659 | €11,392 | -€21,267 | -65.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,799 | €9,532 | -€21,267 | -69.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €68,474 | €78,113 | +€9,639 | +14.1% |
| Amounts payable after more than one year | 17 | €11,110 | €4,586 | -€6,524 | -58.7% |
| Financial debts | 170/4 | €11,110 | €4,586 | -€6,524 | -58.7% |
| Amounts payable within one year | 42/48 | €57,364 | €73,527 | +€16,163 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €14,418 | €7,441 | -€6,977 | -48.4% |
| Financial debts | 43 | €2,504 | €2,708 | +€205 | +8.2% |
| Credit institutions | 430/8 | €2,504 | €2,708 | +€205 | +8.2% |
| Trade debts | 44 | €636 | €2,333 | +€1,697 | +267% |
| Suppliers | 440/4 | €636 | €2,333 | +€1,697 | +267% |
| Taxes, remuneration and social security | 45 | €17,546 | €20,127 | +€2,581 | +14.7% |
| Taxes | 450/3 | €17,546 | €20,127 | +€2,581 | +14.7% |
| Other amounts payable | 47/48 | €22,260 | €40,918 | +€18,658 | +83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,178 | €17,225 | +€47 | +0.3% |
| Other operating charges | 640/8 | €1,744 | €3,407 | +€1,663 | +95.3% |
| Gross operating margin | 9900 | €49,667 | €53,011 | +€3,343 | +6.7% |
| Operating profit (loss) | 9901 | €30,745 | €32,379 | +€1,633 | +5.3% |
| Financial income | 75/76B | €1,754 | €340 | -€1,414 | -80.6% |
| Recurring financial income | 75 | €1,754 | €340 | -€1,414 | -80.6% |
| Financial charges | 65/66B | €876 | €1,692 | +€817 | +93.3% |
| Recurring financial charges | 65 | €876 | €1,692 | +€817 | +93.3% |
| Profit (loss) for the period before taxes | 9903 | €31,624 | €31,026 | -€598 | -1.9% |
| Income taxes | 67/77 | €10,048 | €11,375 | +€1,327 | +13.2% |
| Profit (loss) for the period | 9904 | €21,576 | €19,651 | -€1,925 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,576 | €19,651 | -€1,925 | -8.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.