VERBEKE TECHNIEK: 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 TECHNIEK
Largest movements
- Receivables within one year -€33,490
no longer reported in 2025 (was €33,490)
of which Trade receivables: -€32,997
- Tangible fixed assets -€22,739
down €22,739 (-9.7%), from €234,594 to €211,854
of which Land and buildings: -€11,808
- Cash +€22,572
up €22,572 (+28.2%), from €79,928 to €102,500
mainly Net result for the year (+€76,222) and Other debts (+€65,662)
- Debts after one year -€107,540
no longer reported in 2025 (was €107,540)
- Other debts +€65,662
up €65,662 (+637%), from €10,313 to €75,975
- Tax, wage and social debts +€30,380
up €30,380 (+820%), from €3,704 to €34,084
- Current portion of long-term debt -€18,526
down €18,526 (-87.9%), from €21,067 to €2,540
- Reserves -€3,800
down €3,800 (-2.0%), from €186,545 to €182,745
of which Distributable reserves: -€3,800
- Gross operating margin +€89,576
up €89,576 (+180%), from €49,679 to €139,255
- Taxes +€31,457
up €31,457 (+441%), from €7,125 to €38,582
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 | €348,012 | €314,355 | -€33,657 | -9.7% |
| Fixed assets | 21/28 | €234,594 | €211,854 | -€22,739 | -9.7% |
| Tangible fixed assets | 22/27 | €234,594 | €211,854 | -€22,739 | -9.7% |
| Land and buildings | 22 | €197,244 | €185,437 | -€11,808 | -6.0% |
| Furniture and vehicles | 24 | €37,349 | €26,418 | -€10,932 | -29.3% |
| Current assets | 29/58 | €113,418 | €102,500 | -€10,918 | -9.6% |
| Amounts receivable within one year | 40/41 | €33,490 | - | -€33,490 | |
| Trade receivables | 40 | €32,997 | - | -€32,997 | |
| Other amounts receivable | 41 | €493 | - | -€493 | |
| Cash at bank and in hand | 54/58 | €79,928 | €102,500 | +€22,572 | +28.2% |
| Total equity and liabilities | 10/49 | €348,012 | €314,355 | -€33,657 | -9.7% |
| Equity | 10/15 | €205,145 | €201,345 | -€3,800 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,545 | €182,745 | -€3,800 | -2.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €184,685 | €180,885 | -€3,800 | -2.1% |
| Amounts payable | 17/49 | €142,867 | €113,009 | -€29,857 | -20.9% |
| Amounts payable after more than one year | 17 | €107,540 | - | -€107,540 | |
| Financial debts | 170/4 | €107,540 | - | -€107,540 | |
| Amounts payable within one year | 42/48 | €35,326 | €113,009 | +€77,683 | +220% |
| Current portion of amounts payable after more than one year | 42 | €21,067 | €2,540 | -€18,526 | -87.9% |
| Trade debts | 44 | €243 | €411 | +€168 | +69.3% |
| Suppliers | 440/4 | €243 | €411 | +€168 | +69.3% |
| Taxes, remuneration and social security | 45 | €3,704 | €34,084 | +€30,380 | +820% |
| Taxes | 450/3 | €3,704 | €34,084 | +€30,380 | +820% |
| Other amounts payable | 47/48 | €10,313 | €75,975 | +€65,662 | +637% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,739 | €22,739 | = | 0.0% |
| Other operating charges | 640/8 | €982 | €797 | -€185 | -18.8% |
| Gross operating margin | 9900 | €49,679 | €139,255 | +€89,576 | +180% |
| Operating profit (loss) | 9901 | €25,958 | €115,718 | +€89,761 | +346% |
| Financial income | 75/76B | €393 | €393 | -€0 | -0.1% |
| Recurring financial income | 75 | €393 | €393 | -€0 | -0.1% |
| Financial charges | 65/66B | €1,471 | €1,307 | -€164 | -11.1% |
| Recurring financial charges | 65 | €1,471 | €1,307 | -€164 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €24,881 | €114,805 | +€89,924 | +361% |
| Income taxes | 67/77 | €7,125 | €38,582 | +€31,457 | +441% |
| Profit (loss) for the period | 9904 | €17,755 | €76,222 | +€58,467 | +329% |
| Profit (loss) for the period to be appropriated | 9905 | €17,755 | €76,222 | +€58,467 | +329% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.