verbist tools engineering: 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.
verbist tools engineering
Largest movements
- Cash -€44,668
down €44,668 (-44.7%), from €99,986 to €55,318
mainly Net result for the year (-€54,918) and Trade debts (-€10,095)
- Receivables within one year -€21,119
down €21,119 (-21.6%), from €97,839 to €76,720
of which Trade receivables: -€17,020
- Tangible fixed assets -€8,144
down €8,144 (-34.8%), from €23,370 to €15,227
of which Furniture and vehicles: -€6,928
- Profit (loss) carried forward -€54,918
down €54,918 (-52.1%), from €105,434 to €50,516
- Trade debts -€10,095
down €10,095 (-30.3%), from €33,271 to €23,175
- Debts after one year -€4,045
no longer reported in 2025 (was €4,045)
- Current portion of long-term debt -€3,934
down €3,934 (-49.3%), from €7,979 to €4,045
- Gross operating margin -€86,017
down €86,017 (-52.9%), from €162,675 to €76,657
- Taxes -€11,828
down €11,828 (-97.0%), from €12,200 to €372
- Staff costs +€2,855
up €2,855 (+2.4%), from €118,717 to €121,573
- Financial income +€2,691
up €2,691 (+511.6%), from €526 to €3,216
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 | €248,299 | €174,246 | -€74,053 | -29.8% |
| Fixed assets | 21/28 | €23,370 | €15,227 | -€8,144 | -34.8% |
| Tangible fixed assets | 22/27 | €23,370 | €15,227 | -€8,144 | -34.8% |
| Furniture and vehicles | 24 | €17,290 | €10,363 | -€6,928 | -40.1% |
| Other tangible fixed assets | 26 | €6,080 | €4,864 | -€1,216 | -20.0% |
| Current assets | 29/58 | €224,929 | €159,019 | -€65,910 | -29.3% |
| Stocks and contracts in progress | 3 | €24,376 | €23,523 | -€853 | -3.5% |
| Stocks | 30/36 | €24,376 | €23,523 | -€853 | -3.5% |
| Amounts receivable within one year | 40/41 | €97,839 | €76,720 | -€21,119 | -21.6% |
| Trade receivables | 40 | €77,205 | €60,186 | -€17,020 | -22.0% |
| Other amounts receivable | 41 | €20,634 | €16,535 | -€4,099 | -19.9% |
| Cash at bank and in hand | 54/58 | €99,986 | €55,318 | -€44,668 | -44.7% |
| Deferred charges and accrued income | 490/1 | €2,728 | €3,458 | +€730 | +26.7% |
| Total equity and liabilities | 10/49 | €248,299 | €174,246 | -€74,053 | -29.8% |
| Equity | 10/15 | €130,470 | €75,552 | -€54,918 | -42.1% |
| Contributions | 10/11 | €19,036 | €19,036 | = | 0.0% |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,434 | €50,516 | -€54,918 | -52.1% |
| Amounts payable | 17/49 | €117,829 | €98,694 | -€19,136 | -16.2% |
| Amounts payable after more than one year | 17 | €4,045 | - | -€4,045 | |
| Financial debts | 170/4 | €4,045 | - | -€4,045 | |
| Amounts payable within one year | 42/48 | €113,544 | €98,694 | -€14,850 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €7,979 | €4,045 | -€3,934 | -49.3% |
| Trade debts | 44 | €33,271 | €23,175 | -€10,095 | -30.3% |
| Suppliers | 440/4 | €33,271 | €23,175 | -€10,095 | -30.3% |
| Taxes, remuneration and social security | 45 | €20,328 | €18,043 | -€2,285 | -11.2% |
| Taxes | 450/3 | €7,200 | €4,651 | -€2,549 | -35.4% |
| Remuneration and social security | 454/9 | €13,128 | €13,392 | +€264 | +2.0% |
| Other amounts payable | 47/48 | €51,966 | €53,430 | +€1,465 | +2.8% |
| Accrued charges and deferred income | 492/3 | €240 | - | -€240 | |
| Remuneration, social security and pensions | 62 | €118,717 | €121,573 | +€2,855 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,346 | €8,144 | -€202 | -2.4% |
| Other operating charges | 640/8 | €3,413 | €3,155 | -€257 | -7.5% |
| Gross operating margin | 9900 | €162,675 | €76,657 | -€86,017 | -52.9% |
| Operating profit (loss) | 9901 | €32,199 | -€56,214 | -€88,413 | |
| Financial income | 75/76B | €526 | €3,216 | +€2,691 | +511.6% |
| Recurring financial income | 75 | €526 | €3,216 | +€2,691 | +511.6% |
| Financial charges | 65/66B | €1,785 | €1,548 | -€238 | -13.3% |
| Recurring financial charges | 65 | €1,785 | €1,548 | -€238 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €30,939 | -€54,546 | -€85,485 | |
| Income taxes | 67/77 | €12,200 | €372 | -€11,828 | -97.0% |
| Profit (loss) for the period | 9904 | €18,739 | -€54,918 | -€73,657 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,739 | -€54,918 | -€73,657 |
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 30 September 2026 via checked.be.