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VERBIST: 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.

What changed

VERBIST

BE 0445.623.938
fiscal year 2020 against 2021filed annual accounts (NBB)
Net result for the year
-€54
2020 · --€54
Equity
€1,537
2020 · €1,591-€54
Cash
-
2020 · €42-€42
Balance sheet total
€1,537
2020 · €3,523-€1,986

Largest movements

2020 to 2021
Assets
  • Financial fixed assets -€1,804

    no longer reported in 2021 (was €1,804)

  • Receivables within one year -€1,004

    down €1,004 (-59.9%), from €1,677 to €673

  • Current investments +€864

    new in 2021: €864

  • Cash -€42

    no longer reported in 2021 (was €42)

    mainly Trade debts (-€1,932) and Current investments (-€864)

Equity and liabilities
  • Trade debts -€1,932

    no longer reported in 2021 (was €1,932)

  • Profit (loss) carried forward -€54

    down €54 (-0.3%), from -€18,860 to -€18,914

Income statement
  • Financial charges +€57

    new in 2021: €57

From the 2020 result to the 2021 result

effect on the result

The net result is not in both sets of accounts; without it the difference cannot be explained line by line.

Cash bridge derived

cash 2020 to 2021

Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€982
Investment +€940
Financing €0
Cash 2020 €42
Net result for the year -€54
Receivables within one year +€1,004
Trade debts -€1,932
Investment in fixed assets (net) +€1,804
Current investments -€864
Cash 2021 €0
Every line side by side 28 lines
Line Code 2020 2021 Change %
Total assets 20/58 €3,523 €1,537 -€1,986 -56.4%
Fixed assets 21/28 €1,804 - -€1,804
Financial fixed assets 28 €1,804 - -€1,804
Current assets 29/58 €1,719 €1,537 -€182 -10.6%
Amounts receivable within one year 40/41 €1,677 €673 -€1,004 -59.9%
Other amounts receivable 41 - €673 +€673
Current investments 50/53 - €864 +€864
Cash at bank and in hand 54/58 €42 - -€42
Total equity and liabilities 10/49 €3,523 €1,537 -€1,986 -56.4%
Equity 10/15 €1,591 €1,537 -€54 -3.4%
Contributions 10/11 €18,592 €18,592 = 0.0%
Capital 10 - €18,592 +€18,592
Issued capital 100 - €18,592 +€18,592
Reserves 13 €1,859 €1,859 = 0.0%
Non-distributable reserves 130/1 - €1,859 +€1,859
Legal reserve 130 - €1,859 +€1,859
Profit (loss) carried forward 14 -€18,860 -€18,914 -€54 -0.3%
Amounts payable 17/49 €1,932 - -€1,932
Amounts payable within one year 42/48 €1,932 - -€1,932
Trade debts 44 €1,932 - -€1,932
Financial income 75/76B - €4 +€4
Recurring financial income 75 - €4 +€4
Financial charges 65/66B - €57 +€57
Recurring financial charges 65 - €57 +€57
Profit (loss) for the period before taxes 9903 - -€53 -€53
Income taxes 67/77 - €1 +€1
Profit (loss) for the period 9904 - -€54 -€54
Profit (loss) for the period to be appropriated 9905 - -€54 -€54

Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.