Verbes: what changed
Two fiscal 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.
Verbes
Largest movements
- Cash +€34,097
up €34,097 (+119.3%), from €28,590 to €62,688
mainly Net result for the year (+€44,657) and Tax, wage and social debts (+€17,847)
- Receivables within one year +€28,139
up €28,139 (+14426.0%), from €195 to €28,334
of which Trade receivables: +€17,685
- Reserves +€43,824
up €43,824 (+219.2%), from €19,992 to €63,816
- Tax, wage and social debts +€17,847
up €17,847 (+199.4%), from €8,950 to €26,797
- Trade debts +€1,468
up €1,468 (+84.2%), from €1,744 to €3,212
- Other debts -€1,376
down €1,376 (-62.3%), from €2,209 to €833
- Gross operating margin +€31,095
up €31,095 (+101.8%), from €30,544 to €61,640
- Taxes +€6,758
up €6,758 (+118.7%), from €5,694 to €12,451
- Financial charges +€2,040
up €2,040 (+2500.4%), from €82 to €2,121
- Depreciation -€1,518
down €1,518 (-50.2%), from €3,025 to €1,507
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.
Cash bridge derived
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 | €34,894 | €96,658 | +€61,764 | +177.0% |
| Fixed assets | 21/28 | €5,223 | €5,089 | -€134 | -2.6% |
| Tangible fixed assets | 22/27 | €4,823 | €4,689 | -€134 | -2.8% |
| Furniture and vehicles | 24 | €4,823 | €4,689 | -€134 | -2.8% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €29,671 | €91,569 | +€61,899 | +208.6% |
| Amounts receivable within one year | 40/41 | €195 | €28,334 | +€28,139 | +14426.0% |
| Trade receivables | 40 | €190 | €17,875 | +€17,685 | +9307.1% |
| Other amounts receivable | 41 | €5 | €10,459 | +€10,454 | +207420.4% |
| Cash at bank and in hand | 54/58 | €28,590 | €62,688 | +€34,097 | +119.3% |
| Deferred charges and accrued income | 490/1 | €885 | €548 | -€338 | -38.2% |
| Total equity and liabilities | 10/49 | €34,894 | €96,658 | +€61,764 | +177.0% |
| Equity | 10/15 | €21,992 | €65,816 | +€43,824 | +199.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €19,992 | €63,816 | +€43,824 | +219.2% |
| Distributable reserves | 133 | €19,992 | €63,816 | +€43,824 | +219.2% |
| Amounts payable | 17/49 | €12,902 | €30,843 | +€17,940 | +139.0% |
| Amounts payable within one year | 42/48 | €12,902 | €30,843 | +€17,940 | +139.0% |
| Trade debts | 44 | €1,744 | €3,212 | +€1,468 | +84.2% |
| Suppliers | 440/4 | €1,744 | €3,212 | +€1,468 | +84.2% |
| Taxes, remuneration and social security | 45 | €8,950 | €26,797 | +€17,847 | +199.4% |
| Taxes | 450/3 | €8,950 | €26,797 | +€17,847 | +199.4% |
| Other amounts payable | 47/48 | €2,209 | €833 | -€1,376 | -62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,025 | €1,507 | -€1,518 | -50.2% |
| Other operating charges | 640/8 | €923 | €1,118 | +€195 | +21.2% |
| Gross operating margin | 9900 | €30,544 | €61,640 | +€31,095 | +101.8% |
| Operating profit (loss) | 9901 | €26,597 | €59,015 | +€32,418 | +121.9% |
| Financial income | 75/76B | €3 | €215 | +€212 | +6965.5% |
| Recurring financial income | 75 | €3 | €215 | +€212 | +6965.5% |
| Financial charges | 65/66B | €82 | €2,121 | +€2,040 | +2500.4% |
| Recurring financial charges | 65 | €82 | €2,121 | +€2,040 | +2500.4% |
| Profit (loss) for the period before taxes | 9903 | €26,518 | €57,108 | +€30,590 | +115.4% |
| Income taxes | 67/77 | €5,694 | €12,451 | +€6,758 | +118.7% |
| Profit (loss) for the period | 9904 | €20,825 | €44,657 | +€23,833 | +114.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,825 | €44,657 | +€23,833 | +114.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.