Verbima: 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.
Verbima
Largest movements
- Cash +€10,171
up €10,171 (+58.7%), from €17,326 to €27,497
mainly Net result for the year (+€7,644) and Receivables within one year (+€3,390)
- Receivables within one year -€3,390
down €3,390 (-94.4%), from €3,592 to €203
of which Trade receivables: -€3,302
- Reserves +€7,644
up €7,644 (+16.0%), from €47,712 to €55,355
- Gross operating margin +€2,340
up €2,340 (+29.9%), from €7,827 to €10,167
- Taxes +€406
up €406 (+20.5%), from €1,980 to €2,386
- Other operating charges +€203
up €203 (+21.9%), from €928 to €1,131
- Financial income -€103
down €103 (-9.1%), from €1,137 to €1,034
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 | €69,855 | €76,636 | +€6,781 | +9.7% |
| Current assets | 29/58 | €69,855 | €76,636 | +€6,781 | +9.7% |
| Amounts receivable within one year | 40/41 | €3,592 | €203 | -€3,390 | -94.4% |
| Trade receivables | 40 | €3,302 | - | -€3,302 | |
| Other amounts receivable | 41 | €290 | €203 | -€88 | -30.2% |
| Current investments | 50/53 | €48,937 | €48,937 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,326 | €27,497 | +€10,171 | +58.7% |
| Total equity and liabilities | 10/49 | €69,855 | €76,636 | +€6,781 | +9.7% |
| Equity | 10/15 | €66,712 | €74,355 | +€7,644 | +11.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €47,712 | €55,355 | +€7,644 | +16.0% |
| Distributable reserves | 133 | €47,712 | €55,355 | +€7,644 | +16.0% |
| Amounts payable | 17/49 | €3,143 | €2,281 | -€862 | -27.4% |
| Amounts payable within one year | 42/48 | €3,143 | €2,281 | -€862 | -27.4% |
| Trade debts | 44 | €2,093 | €1,581 | -€512 | -24.5% |
| Suppliers | 440/4 | €2,093 | €1,581 | -€512 | -24.5% |
| Taxes, remuneration and social security | 45 | €1,050 | €700 | -€350 | -33.3% |
| Taxes | 450/3 | €1,050 | €700 | -€350 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | - | -€83 | |
| Other operating charges | 640/8 | €928 | €1,131 | +€203 | +21.9% |
| Gross operating margin | 9900 | €7,827 | €10,167 | +€2,340 | +29.9% |
| Operating profit (loss) | 9901 | €6,816 | €9,036 | +€2,220 | +32.6% |
| Financial income | 75/76B | €1,137 | €1,034 | -€103 | -9.1% |
| Recurring financial income | 75 | €1,137 | €1,034 | -€103 | -9.1% |
| Financial charges | 65/66B | €48 | €40 | -€8 | -15.9% |
| Recurring financial charges | 65 | €48 | €40 | -€8 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €7,905 | €10,030 | +€2,125 | +26.9% |
| Income taxes | 67/77 | €1,980 | €2,386 | +€406 | +20.5% |
| Profit (loss) for the period | 9904 | €5,925 | €7,644 | +€1,718 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,925 | €7,644 | +€1,718 | +29.0% |
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 30 September 2026 via checked.be.