VERBRAECKEN PETER: 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.
VERBRAECKEN PETER
Largest movements
- Receivables within one year -€34,296
down €34,296 (-31.4%), from €109,237 to €74,941
of which Trade receivables: -€34,791
- Cash +€16,283
up €16,283, from €0 to €16,283
mainly Receivables within one year (+€34,296) and Net result for the year (+€9,557)
- Tangible fixed assets +€4,066
up €4,066 (+159%), from €2,551 to €6,617
of which Furniture and vehicles: +€4,717
- Accrued charges and deferred income -€18,300
down €18,300 (-93.4%), from €19,601 to €1,301
- Reserves +€9,557
up €9,557 (+13.7%), from €69,905 to €79,462
- Tax, wage and social debts -€8,238
down €8,238 (-86.9%), from €9,478 to €1,239
- Trade debts +€4,275
up €4,275 (+322%), from €1,326 to €5,602
- Gross operating margin +€20,661
up €20,661, from -€4,786 to €15,875
- Taxes +€4,018
up €4,018 (+1,416%), from €284 to €4,302
- Financial charges +€1,905
up €1,905 (+231%), from €824 to €2,729
- Financial income -€839
down €839 (-19.5%), from €4,291 to €3,452
- Depreciation +€364
up €364 (+55.9%), from €651 to €1,015
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 | €113,092 | €100,004 | -€13,088 | -11.6% |
| Fixed assets | 21/28 | €2,551 | €6,617 | +€4,066 | +159% |
| Tangible fixed assets | 22/27 | €2,551 | €6,617 | +€4,066 | +159% |
| Plant, machinery and equipment | 23 | €2,551 | €1,900 | -€651 | -25.5% |
| Furniture and vehicles | 24 | - | €4,717 | +€4,717 | |
| Current assets | 29/58 | €110,541 | €93,388 | -€17,153 | -15.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €109,237 | €74,941 | -€34,296 | -31.4% |
| Trade receivables | 40 | €40,540 | €5,749 | -€34,791 | -85.8% |
| Other amounts receivable | 41 | €68,697 | €69,191 | +€494 | +0.7% |
| Cash at bank and in hand | 54/58 | €0 | €16,283 | +€16,283 | |
| Deferred charges and accrued income | 490/1 | €804 | €1,664 | +€860 | +107% |
| Total equity and liabilities | 10/49 | €113,092 | €100,004 | -€13,088 | -11.6% |
| Equity | 10/15 | €82,305 | €91,862 | +€9,557 | +11.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €69,905 | €79,462 | +€9,557 | +13.7% |
| Distributable reserves | 133 | €69,905 | €79,462 | +€9,557 | +13.7% |
| Amounts payable | 17/49 | €30,787 | €8,142 | -€22,645 | -73.6% |
| Amounts payable within one year | 42/48 | €11,186 | €6,841 | -€4,345 | -38.8% |
| Financial debts | 43 | €382 | €0 | -€382 | -100% |
| Credit institutions | 430/8 | €382 | €0 | -€382 | -100% |
| Trade debts | 44 | €1,326 | €5,602 | +€4,275 | +322% |
| Suppliers | 440/4 | €1,326 | €5,602 | +€4,275 | +322% |
| Taxes, remuneration and social security | 45 | €9,478 | €1,239 | -€8,238 | -86.9% |
| Taxes | 450/3 | €9,478 | €1,239 | -€8,238 | -86.9% |
| Accrued charges and deferred income | 492/3 | €19,601 | €1,301 | -€18,300 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €651 | €1,015 | +€364 | +55.9% |
| Other operating charges | 640/8 | €1,629 | €1,724 | +€96 | +5.9% |
| Gross operating margin | 9900 | -€4,786 | €15,875 | +€20,661 | |
| Operating profit (loss) | 9901 | -€7,066 | €13,135 | +€20,201 | |
| Financial income | 75/76B | €4,291 | €3,452 | -€839 | -19.5% |
| Recurring financial income | 75 | €4,291 | €3,452 | -€839 | -19.5% |
| Financial charges | 65/66B | €824 | €2,729 | +€1,905 | +231% |
| Recurring financial charges | 65 | €824 | €2,729 | +€1,905 | +231% |
| Profit (loss) for the period before taxes | 9903 | -€3,598 | €13,859 | +€17,457 | |
| Income taxes | 67/77 | €284 | €4,302 | +€4,018 | +1,416% |
| Profit (loss) for the period | 9904 | -€3,882 | €9,557 | +€13,439 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,882 | €9,557 | +€13,439 |
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 25 October 2026 via checked.be.