VERBIST CONSULTING: 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.
VERBIST CONSULTING
Largest movements
- Cash +€158,878
up €158,878 (+53.9%), from €294,782 to €453,660
mainly Other debts (+€188,024) and Net result for the year (+€129,008)
- Tangible fixed assets -€21,830
down €21,830 (-55.8%), from €39,137 to €17,307
of which Furniture and vehicles: -€18,336
- Other debts +€188,024
up €188,024 (+16,676%), from €1,128 to €189,152
- Profit (loss) carried forward -€55,992
down €55,992 (-20.5%), from €273,271 to €217,280
- Tax, wage and social debts +€16,430
up €16,430 (+139%), from €11,813 to €28,243
- Current portion of long-term debt -€10,589
down €10,589 (-58.1%), from €18,225 to €7,637
- Debts after one year -€7,637
no longer reported in 2025 (was €7,637)
- Gross operating margin -€17,854
down €17,854 (-8.5%), from €209,147 to €191,293
- Depreciation -€17,825
down €17,825 (-45.0%), from €39,652 to €21,827
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 | €337,458 | €473,542 | +€136,084 | +40.3% |
| Fixed assets | 21/28 | €39,137 | €17,307 | -€21,830 | -55.8% |
| Tangible fixed assets | 22/27 | €39,137 | €17,307 | -€21,830 | -55.8% |
| Plant, machinery and equipment | 23 | €7,932 | €4,836 | -€3,096 | -39.0% |
| Furniture and vehicles | 24 | €29,376 | €11,040 | -€18,336 | -62.4% |
| Other tangible fixed assets | 26 | €1,829 | €1,431 | -€398 | -21.8% |
| Current assets | 29/58 | €298,321 | €456,235 | +€157,914 | +52.9% |
| Amounts receivable within one year | 40/41 | €2,849 | €2,122 | -€727 | -25.5% |
| Trade receivables | 40 | €1,604 | €1,701 | +€96 | +6.0% |
| Other amounts receivable | 41 | €1,245 | €421 | -€823 | -66.2% |
| Cash at bank and in hand | 54/58 | €294,782 | €453,660 | +€158,878 | +53.9% |
| Deferred charges and accrued income | 490/1 | €690 | €453 | -€236 | -34.3% |
| Total equity and liabilities | 10/49 | €337,458 | €473,542 | +€136,084 | +40.3% |
| Equity | 10/15 | €293,271 | €237,280 | -€55,992 | -19.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €273,271 | €217,280 | -€55,992 | -20.5% |
| Amounts payable | 17/49 | €44,186 | €236,262 | +€192,076 | +435% |
| Amounts payable after more than one year | 17 | €7,637 | - | -€7,637 | |
| Financial debts | 170/4 | €7,637 | - | -€7,637 | |
| Amounts payable within one year | 42/48 | €36,550 | €236,262 | +€199,713 | +546% |
| Current portion of amounts payable after more than one year | 42 | €18,225 | €7,637 | -€10,589 | -58.1% |
| Trade debts | 44 | €5,384 | €11,231 | +€5,847 | +109% |
| Suppliers | 440/4 | €5,384 | €11,231 | +€5,847 | +109% |
| Taxes, remuneration and social security | 45 | €11,813 | €28,243 | +€16,430 | +139% |
| Taxes | 450/3 | €11,813 | €28,243 | +€16,430 | +139% |
| Other amounts payable | 47/48 | €1,128 | €189,152 | +€188,024 | +16,676% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,652 | €21,827 | -€17,825 | -45.0% |
| Other operating charges | 640/8 | €837 | €689 | -€147 | -17.6% |
| Non-recurring operating charges | 66A | €2,305 | €3 | -€2,302 | -99.9% |
| Gross operating margin | 9900 | €209,147 | €191,293 | -€17,854 | -8.5% |
| Operating profit (loss) | 9901 | €166,353 | €168,774 | +€2,421 | +1.5% |
| Financial income | 75/76B | €147 | €54 | -€93 | -63.4% |
| Recurring financial income | 75 | €147 | €54 | -€93 | -63.4% |
| Financial charges | 65/66B | €695 | €307 | -€387 | -55.7% |
| Recurring financial charges | 65 | €695 | €307 | -€387 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €165,806 | €168,520 | +€2,714 | +1.6% |
| Income taxes | 67/77 | €39,851 | €39,512 | -€340 | -0.9% |
| Profit (loss) for the period | 9904 | €125,954 | €129,008 | +€3,054 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €125,954 | €129,008 | +€3,054 | +2.4% |
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 21 October 2026 via checked.be.