VERBEKE BV: 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.
VERBEKE BV
Largest movements
- Receivables within one year -€26,131
down €26,131 (-19.9%), from €131,080 to €104,949
of which Other amounts receivable: -€36,221
- Cash +€11,609
up €11,609 (+1,168%), from €994 to €12,603
- Tangible fixed assets -€3,250
down €3,250 (-100%), from €3,250 to €0
- Profit (loss) carried forward -€8,474
down €8,474, from €4,396 to -€4,078
- Tax, wage and social debts -€7,923
down €7,923 (-97.1%), from €8,157 to €234
- Short-term financial debts -€7,642
no longer reported in 2025 (was €7,642)
- Trade debts +€6,266
up €6,266 (+23.1%), from €27,069 to €33,335
- Gross operating margin +€18,603
up €18,603, from -€17,873 to €730
- Write-downs +€9,120
up €9,120 (+261%), from €3,500 to €12,620
- Depreciation -€3,250
no longer reported in 2025 (was €3,250)
- Financial charges +€848
up €848 (+26.5%), from €3,200 to €4,048
- Other operating charges -€818
no longer reported in 2025 (was €818)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,324 | €117,551 | -€17,773 | -13.1% |
| Fixed assets | 21/28 | €3,250 | - | -€3,250 | |
| Tangible fixed assets | 22/27 | €3,250 | €0 | -€3,250 | -100% |
| Furniture and vehicles | 24 | €3,250 | - | -€3,250 | |
| Current assets | 29/58 | €132,074 | €117,551 | -€14,523 | -11.0% |
| Amounts receivable within one year | 40/41 | €131,080 | €104,949 | -€26,131 | -19.9% |
| Trade receivables | 40 | €50,428 | €60,518 | +€10,090 | +20.0% |
| Other amounts receivable | 41 | €80,652 | €44,431 | -€36,221 | -44.9% |
| Cash at bank and in hand | 54/58 | €994 | €12,603 | +€11,609 | +1,168% |
| Total equity and liabilities | 10/49 | €135,324 | €117,551 | -€17,773 | -13.1% |
| Equity | 10/15 | €92,456 | €83,982 | -€8,474 | -9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €81,860 | €81,860 | = | 0.0% |
| 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 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,396 | -€4,078 | -€8,474 | |
| Amounts payable | 17/49 | €42,868 | €33,569 | -€9,299 | -21.7% |
| Amounts payable within one year | 42/48 | €42,868 | €33,569 | -€9,299 | -21.7% |
| Financial debts | 43 | €7,642 | - | -€7,642 | |
| Credit institutions | 430/8 | €7,642 | - | -€7,642 | |
| Trade debts | 44 | €27,069 | €33,335 | +€6,266 | +23.1% |
| Suppliers | 440/4 | €27,069 | €33,335 | +€6,266 | +23.1% |
| Taxes, remuneration and social security | 45 | €8,157 | €234 | -€7,923 | -97.1% |
| Taxes | 450/3 | €8,157 | €234 | -€7,923 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,250 | - | -€3,250 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,500 | €12,620 | +€9,120 | +261% |
| Other operating charges | 640/8 | €818 | - | -€818 | |
| Gross operating margin | 9900 | -€17,873 | €730 | +€18,603 | |
| Operating profit (loss) | 9901 | -€25,441 | -€11,890 | +€13,551 | +53.3% |
| Financial income | 75/76B | €64 | €3 | -€61 | -95.0% |
| Recurring financial income | 75 | €64 | €3 | -€61 | -95.0% |
| Financial charges | 65/66B | €3,200 | €4,048 | +€848 | +26.5% |
| Recurring financial charges | 65 | €3,200 | €4,048 | +€848 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,577 | -€15,935 | +€12,642 | +44.2% |
| Profit (loss) for the period | 9904 | -€28,577 | -€15,935 | +€12,642 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,577 | -€15,935 | +€12,642 | +44.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.