VERBETA: 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.
VERBETA
Largest movements
- Tangible fixed assets -€10,311
down €10,311 (-13.1%), from €78,890 to €68,578
of which Furniture and vehicles: -€5,818
- Receivables within one year +€1,712
up €1,712 (+34.2%), from €5,012 to €6,723
- Deferred charges and accrued income -€1,403
down €1,403 (-12.4%), from €11,273 to €9,870
- Tax, wage and social debts -€6,488
down €6,488 (-73.8%), from €8,790 to €2,302
of which Remuneration and social security: -€3,511
- Debts after one year -€5,700
down €5,700 (-60.9%), from €9,365 to €3,666
- Trade debts +€2,339
up €2,339 (+250.1%), from €935 to €3,275
- Depreciation +€5,061
up €5,061 (+96.4%), from €5,250 to €10,311
- Gross operating margin +€2,533
up €2,533 (+23.1%), from €10,988 to €13,521
- Financial charges -€416
down €416 (-30.2%), from €1,380 to €963
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 | €96,785 | €86,143 | -€10,641 | -11.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €78,890 | €68,578 | -€10,311 | -13.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €78,890 | €68,578 | -€10,311 | -13.1% |
| Land and buildings | 22 | €59,130 | €54,637 | -€4,494 | -7.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €19,759 | €13,942 | -€5,818 | -29.4% |
| Current assets | 29/58 | €17,895 | €17,565 | -€330 | -1.8% |
| Amounts receivable within one year | 40/41 | €5,012 | €6,723 | +€1,712 | +34.2% |
| Trade receivables | 40 | €5,012 | €6,723 | +€1,712 | +34.2% |
| Cash at bank and in hand | 54/58 | €1,610 | €971 | -€639 | -39.7% |
| Deferred charges and accrued income | 490/1 | €11,273 | €9,870 | -€1,403 | -12.4% |
| Total equity and liabilities | 10/49 | €96,785 | €86,143 | -€10,641 | -11.0% |
| Equity | 10/15 | €67,359 | €66,905 | -€455 | -0.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €12,185 | €12,185 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,985 | €5,985 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,174 | €34,719 | -€455 | -1.3% |
| Amounts payable | 17/49 | €29,425 | €19,238 | -€10,187 | -34.6% |
| Amounts payable after more than one year | 17 | €9,365 | €3,666 | -€5,700 | -60.9% |
| Financial debts | 170/4 | €9,365 | €3,666 | -€5,700 | -60.9% |
| Amounts payable within one year | 42/48 | €20,060 | €15,573 | -€4,487 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €4,152 | €4,525 | +€372 | +9.0% |
| Trade debts | 44 | €935 | €3,275 | +€2,339 | +250.1% |
| Suppliers | 440/4 | €935 | €3,275 | +€2,339 | +250.1% |
| Taxes, remuneration and social security | 45 | €8,790 | €2,302 | -€6,488 | -73.8% |
| Taxes | 450/3 | €5,279 | €2,302 | -€2,976 | -56.4% |
| Remuneration and social security | 454/9 | €3,511 | - | -€3,511 | |
| Other amounts payable | 47/48 | €6,182 | €5,471 | -€711 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,250 | €10,311 | +€5,061 | +96.4% |
| Other operating charges | 640/8 | €1,501 | €1,608 | +€108 | +7.2% |
| Gross operating margin | 9900 | €10,988 | €13,521 | +€2,533 | +23.1% |
| Operating profit (loss) | 9901 | €4,237 | €1,601 | -€2,636 | -62.2% |
| Financial income | 75/76B | €23 | €3 | -€20 | -87.0% |
| Recurring financial income | 75 | €23 | €3 | -€20 | -87.0% |
| Financial charges | 65/66B | €1,380 | €963 | -€416 | -30.2% |
| Recurring financial charges | 65 | €1,380 | €963 | -€416 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €2,880 | €641 | -€2,239 | -77.8% |
| Income taxes | 67/77 | €1,207 | €1,095 | -€112 | -9.2% |
| Profit (loss) for the period | 9904 | €1,673 | -€455 | -€2,128 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,673 | -€455 | -€2,128 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.