VERBO - MODA: 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.
VERBO - MODA
Largest movements
- Tangible fixed assets -€18,254
down €18,254 (-8.8%), from €207,360 to €189,106
of which Land and buildings: -€18,254
- Receivables within one year +€10,215
up €10,215 (+4.4%), from €233,397 to €243,612
- Profit (loss) carried forward -€7,378
down €7,378 (-2.2%), from -€331,200 to -€338,577
- Other operating charges +€10,604
up €10,604 (+267.1%), from €3,970 to €14,574
- Depreciation -€1,127
down €1,127 (-5.8%), from €19,381 to €18,254
- Financial charges -€960
down €960 (-92.8%), from €1,035 to €75
- Gross operating margin -€956
down €956 (-5.9%), from €16,266 to €15,310
- Financial income -€872
down €872 (-7.9%), from €11,088 to €10,216
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 | €477,371 | €469,993 | -€7,378 | -1.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €207,984 | €189,730 | -€18,254 | -8.8% |
| Tangible fixed assets | 22/27 | €207,360 | €189,106 | -€18,254 | -8.8% |
| Land and buildings | 22 | €207,360 | €189,106 | -€18,254 | -8.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €623 | €623 | = | 0.0% |
| Current assets | 29/58 | €269,387 | €280,263 | +€10,876 | +4.0% |
| Amounts receivable within one year | 40/41 | €233,397 | €243,612 | +€10,215 | +4.4% |
| Other amounts receivable | 41 | €233,397 | €243,612 | +€10,215 | +4.4% |
| Cash at bank and in hand | 54/58 | €25,838 | €29,120 | +€3,282 | +12.7% |
| Deferred charges and accrued income | 490/1 | €10,152 | €7,532 | -€2,620 | -25.8% |
| Total equity and liabilities | 10/49 | €477,371 | €469,993 | -€7,378 | -1.5% |
| Equity | 10/15 | €477,371 | €469,993 | -€7,378 | -1.5% |
| Contributions | 10/11 | €780,865 | €780,865 | = | 0.0% |
| Capital | 10 | €780,865 | €780,865 | = | 0.0% |
| Issued capital | 100 | €780,865 | €780,865 | = | 0.0% |
| Reserves | 13 | €27,706 | €27,706 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,123 | €1,123 | = | 0.0% |
| Legal reserve | 130 | €1,123 | €1,123 | = | 0.0% |
| Distributable reserves | 133 | €26,583 | €26,583 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€331,200 | -€338,577 | -€7,378 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,381 | €18,254 | -€1,127 | -5.8% |
| Other operating charges | 640/8 | €3,970 | €14,574 | +€10,604 | +267.1% |
| Gross operating margin | 9900 | €16,266 | €15,310 | -€956 | -5.9% |
| Operating profit (loss) | 9901 | -€7,085 | -€17,518 | -€10,433 | -147.3% |
| Financial income | 75/76B | €11,088 | €10,216 | -€872 | -7.9% |
| Recurring financial income | 75 | €11,088 | €10,216 | -€872 | -7.9% |
| Financial charges | 65/66B | €1,035 | €75 | -€960 | -92.8% |
| Recurring financial charges | 65 | €1,035 | €75 | -€960 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €2,968 | -€7,378 | -€10,345 | |
| Profit (loss) for the period | 9904 | €2,968 | -€7,378 | -€10,345 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,968 | -€7,378 | -€10,345 |
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 3 October 2026 via checked.be.