VERBEEK - WILLEMS: what changed
What changed
VERBEEK - WILLEMS
NACE 46.832, Wholesale of timber
filed annual accounts (NBB)
Net result for the year
-€72,064
2024 · €25,554-€97,618
Equity
€10,879
2024 · €82,944-€72,064
Cash
€2,458
2024 · €6,837-€4,378
Balance sheet total
€503,454
2024 · €555,674-€52,221
Largest movements
Assets
- Stocks and contracts -€73,896
down €73,896 (-20.1%), from €367,493 to €293,597
of which Contracts in progress: -€45,085
- Receivables within one year +€21,342
up €21,342 (+89.2%), from €23,929 to €45,271
of which Trade receivables: +€21,342
Equity and liabilities
- Profit (loss) carried forward -€72,064
down €72,064 (-469%), from -€15,352 to -€87,417
- Other debts +€34,989
up €34,989 (+10.1%), from €347,413 to €382,402
- Short-term financial debts -€9,035
down €9,035 (-8.8%), from €102,911 to €93,876
- Tax, wage and social debts -€8,696
down €8,696 (-78.9%), from €11,020 to €2,325
of which Taxes: -€5,135
Income statement
- Gross operating margin -€89,818
down €89,818, from €70,275 to -€19,543
- Depreciation +€14,379
up €14,379 (+60.5%), from €23,770 to €38,148
- Other operating charges -€5,829
down €5,829 (-44.8%), from €13,013 to €7,184
- Financial charges +€2,814
up €2,814 (+60.5%), from €4,653 to €7,466
- Staff costs -€1,949
down €1,949, from €1,672 to -€278
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.
Result 2024
€25,554
Gross operating margin
-€89,818
Staff costs
+€1,949
Depreciation
-€14,379
Other operating charges
+€5,829
Financial charges
-€2,814
Taxes
+€1,614
Result 2025
-€72,064
raises the resultlowers the result
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.
From operations
+€47,359
Investment
-€42,702
Financing
-€9,035
Cash 2024
€6,837
From operations (derived)
+€47,359
Net result for the year
-€72,064
Depreciation
+€38,148
Stocks and contracts
+€73,896
Receivables within one year
-€21,342
Deferred charges and accrued income
-€159
Trade debts
+€2,110
Tax, wage and social debts
-€8,696
Other debts
+€34,989
Accrued charges and deferred income
+€476
Investment (derived)
-€42,702
Investment in fixed assets (net)
-€42,702
Financing
-€9,035
Short-term financial debts
-€9,035
Cash 2025
€2,458
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €555,674 | €503,454 | -€52,221 | -9.4% |
| Fixed assets | 21/28 | €157,415 | €161,969 | +€4,553 | +2.9% |
| Tangible fixed assets | 22/27 | €155,453 | €159,207 | +€3,753 | +2.4% |
| Land and buildings | 22 | €27,204 | €22,473 | -€4,731 | -17.4% |
| Plant, machinery and equipment | 23 | €94,251 | €88,287 | -€5,964 | -6.3% |
| Furniture and vehicles | 24 | €33,998 | €48,446 | +€14,448 | +42.5% |
| Financial fixed assets | 28 | €1,962 | €2,762 | +€800 | +40.8% |
| Current assets | 29/58 | €398,259 | €341,485 | -€56,774 | -14.3% |
| Stocks and contracts in progress | 3 | €367,493 | €293,597 | -€73,896 | -20.1% |
| Stocks | 30/36 | €312,000 | €283,188 | -€28,812 | -9.2% |
| Contracts in progress | 37 | €55,493 | €10,409 | -€45,085 | -81.2% |
| Amounts receivable within one year | 40/41 | €23,929 | €45,271 | +€21,342 | +89.2% |
| Trade receivables | 40 | €23,729 | €45,071 | +€21,342 | +89.9% |
| Other amounts receivable | 41 | €200 | €200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,837 | €2,458 | -€4,378 | -64.0% |
| Deferred charges and accrued income | 490/1 | €0 | €159 | +€159 | |
| Total equity and liabilities | 10/49 | €555,674 | €503,454 | -€52,221 | -9.4% |
| Equity | 10/15 | €82,944 | €10,879 | -€72,064 | -86.9% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €79,596 | €79,596 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €79,596 | €79,596 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,352 | -€87,417 | -€72,064 | -469% |
| Amounts payable | 17/49 | €472,731 | €492,574 | +€19,844 | +4.2% |
| Amounts payable within one year | 42/48 | €472,731 | €492,098 | +€19,368 | +4.1% |
| Financial debts | 43 | €102,911 | €93,876 | -€9,035 | -8.8% |
| Credit institutions | 430/8 | €102,911 | €93,876 | -€9,035 | -8.8% |
| Trade debts | 44 | €11,386 | €13,495 | +€2,110 | +18.5% |
| Suppliers | 440/4 | €11,386 | €13,495 | +€2,110 | +18.5% |
| Taxes, remuneration and social security | 45 | €11,020 | €2,325 | -€8,696 | -78.9% |
| Taxes | 450/3 | €7,460 | €2,325 | -€5,135 | -68.8% |
| Remuneration and social security | 454/9 | €3,560 | €0 | -€3,560 | -100% |
| Other amounts payable | 47/48 | €347,413 | €382,402 | +€34,989 | +10.1% |
| Accrued charges and deferred income | 492/3 | - | €476 | +€476 | |
| Non-recurring operating income | 76A | €62,136 | €1,660 | -€60,476 | -97.3% |
| Remuneration, social security and pensions | 62 | €1,672 | -€278 | -€1,949 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,770 | €38,148 | +€14,379 | +60.5% |
| Other operating charges | 640/8 | €13,013 | €7,184 | -€5,829 | -44.8% |
| Gross operating margin | 9900 | €70,275 | -€19,543 | -€89,818 | |
| Operating profit (loss) | 9901 | €31,820 | -€64,598 | -€96,418 | |
| Financial charges | 65/66B | €4,653 | €7,466 | +€2,814 | +60.5% |
| Recurring financial charges | 65 | €4,653 | €7,466 | +€2,814 | +60.5% |
| Profit (loss) for the period before taxes | 9903 | €27,167 | -€72,064 | -€99,232 | |
| Income taxes | 67/77 | €1,614 | €0 | -€1,614 | -100% |
| Profit (loss) for the period | 9904 | €25,554 | -€72,064 | -€97,618 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,554 | -€72,064 | -€97,618 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.