VERBERK: 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.
VERBERK
Largest movements
- Receivables within one year -€541,701
down €541,701 (-25.9%), from €2.1m to €1.6m
of which Trade receivables: -€383,579
- Cash +€537,909
up €537,909 (+1,573%), from €34,199 to €572,108
mainly Receivables within one year (+€541,701) and Net result for the year (+€405,521)
- Stocks and contracts +€141,434
up €141,434 (+9.0%), from €1.6m to €1.7m
- Profit (loss) carried forward +€405,521
up €405,521 (+42.9%), from €945,634 to €1.4m
- Accrued charges and deferred income -€257,671
down €257,671 (-99.4%), from €259,171 to €1,500
- Short-term financial debts -€188,601
down €188,601 (-29.5%), from €638,601 to €450,000
- Tax, wage and social debts +€160,670
up €160,670 (+108%), from €148,795 to €309,465
of which Taxes: +€145,157
- Trade debts +€92,053
up €92,053 (+16.1%), from €569,991 to €662,044
- Gross operating margin +€237,771
up €237,771 (+15.5%), from €1.5m to €1.8m
- Other operating charges +€128,887
up €128,887 (+1,648%), from €7,822 to €136,709
- Taxes +€48,019
up €48,019, from -€1,774 to €46,245
- Depreciation -€20,503
down €20,503 (-19.6%), from €104,840 to €84,337
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 | €4,094,166 | €4,250,472 | +€156,306 | +3.8% |
| Fixed assets | 21/28 | €370,757 | €381,023 | +€10,266 | +2.8% |
| Tangible fixed assets | 22/27 | €370,657 | €380,923 | +€10,266 | +2.8% |
| Land and buildings | 22 | €155,215 | €147,986 | -€7,229 | -4.7% |
| Plant, machinery and equipment | 23 | €82,888 | €69,521 | -€13,367 | -16.1% |
| Furniture and vehicles | 24 | €132,554 | €163,416 | +€30,862 | +23.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €3,723,409 | €3,869,449 | +€146,040 | +3.9% |
| Stocks and contracts in progress | 3 | €1,575,671 | €1,717,105 | +€141,434 | +9.0% |
| Stocks | 30/36 | €1,575,671 | €1,717,105 | +€141,434 | +9.0% |
| Amounts receivable within one year | 40/41 | €2,092,859 | €1,551,158 | -€541,701 | -25.9% |
| Trade receivables | 40 | €1,003,071 | €619,492 | -€383,579 | -38.2% |
| Other amounts receivable | 41 | €1,089,788 | €931,666 | -€158,122 | -14.5% |
| Cash at bank and in hand | 54/58 | €34,199 | €572,108 | +€537,909 | +1,573% |
| Deferred charges and accrued income | 490/1 | €20,680 | €29,078 | +€8,398 | +40.6% |
| Total equity and liabilities | 10/49 | €4,094,166 | €4,250,472 | +€156,306 | +3.8% |
| Equity | 10/15 | €1,611,075 | €2,016,596 | +€405,521 | +25.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €625,441 | €625,441 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,253 | €19,253 | = | 0.0% |
| Distributable reserves | 133 | €606,188 | €606,188 | = | 0.0% |
| Profit (loss) carried forward | 14 | €945,634 | €1,351,155 | +€405,521 | +42.9% |
| Amounts payable | 17/49 | €2,483,091 | €2,233,876 | -€249,215 | -10.0% |
| Amounts payable after more than one year | 17 | €195,000 | €184,995 | -€10,005 | -5.1% |
| Financial debts | 170/4 | €195,000 | €184,995 | -€10,005 | -5.1% |
| Amounts payable within one year | 42/48 | €2,028,920 | €2,047,381 | +€18,461 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €57,818 | €59,147 | +€1,329 | +2.3% |
| Financial debts | 43 | €638,601 | €450,000 | -€188,601 | -29.5% |
| Credit institutions | 430/8 | €638,601 | €450,000 | -€188,601 | -29.5% |
| Trade debts | 44 | €569,991 | €662,044 | +€92,053 | +16.1% |
| Suppliers | 440/4 | €569,991 | €662,044 | +€92,053 | +16.1% |
| Taxes, remuneration and social security | 45 | €148,795 | €309,465 | +€160,670 | +108% |
| Taxes | 450/3 | €86,693 | €231,850 | +€145,157 | +167% |
| Remuneration and social security | 454/9 | €62,102 | €77,615 | +€15,513 | +25.0% |
| Other amounts payable | 47/48 | €613,715 | €566,725 | -€46,990 | -7.7% |
| Accrued charges and deferred income | 492/3 | €259,171 | €1,500 | -€257,671 | -99.4% |
| Non-recurring operating income | 76A | €38,629 | €39,751 | +€1,122 | +2.9% |
| Remuneration, social security and pensions | 62 | €1,054,674 | €1,039,524 | -€15,150 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,840 | €84,337 | -€20,503 | -19.6% |
| Other operating charges | 640/8 | €7,822 | €136,709 | +€128,887 | +1,648% |
| Gross operating margin | 9900 | €1,532,783 | €1,770,554 | +€237,771 | +15.5% |
| Operating profit (loss) | 9901 | €365,447 | €509,984 | +€144,537 | +39.6% |
| Financial income | 75/76B | €24,924 | €23,650 | -€1,274 | -5.1% |
| Recurring financial income | 75 | €24,924 | €23,650 | -€1,274 | -5.1% |
| Financial charges | 65/66B | €92,280 | €81,868 | -€10,412 | -11.3% |
| Recurring financial charges | 65 | €92,280 | €81,868 | -€10,412 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €298,091 | €451,766 | +€153,675 | +51.6% |
| Income taxes | 67/77 | -€1,774 | €46,245 | +€48,019 | |
| Profit (loss) for the period | 9904 | €299,865 | €405,521 | +€105,656 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €299,865 | €405,521 | +€105,656 | +35.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.