Verca: 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.
Verca
Largest movements
- Deferred charges and accrued income +€51,782
up €51,782 (+3577.0%), from €1,448 to €53,230
- Tangible fixed assets +€27,441
up €27,441 (+159.6%), from €17,195 to €44,636
of which Furniture and vehicles: +€31,705
- Cash +€19,052
up €19,052 (+58.9%), from €32,322 to €51,375
mainly Other debts (+€42,453) and Debts after one year (+€29,721)
- Receivables within one year +€1,836
up €1,836 (+1671.8%), from €110 to €1,946
of which Trade receivables: +€1,808
- Other debts +€42,453
up €42,453 (+790.3%), from €5,372 to €47,825
- Debts after one year +€29,721
up €29,721 (+355.2%), from €8,368 to €38,089
- Reserves +€14,461
up €14,461 (+107.3%), from €13,483 to €27,944
- Tax, wage and social debts +€8,031
up €8,031 (+61.0%), from €13,170 to €21,201
of which Taxes: +€8,031
- Current portion of long-term debt +€7,545
new in 2025: €7,545
- Gross operating margin +€1,936
up €1,936 (+7.1%), from €27,159 to €29,094
- Taxes +€869
up €869 (+19.4%), from €4,483 to €5,353
- Financial charges -€776
down €776 (-16.0%), from €4,861 to €4,085
- Depreciation +€681
up €681 (+16.5%), from €4,126 to €4,807
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 | €51,074 | €151,186 | +€100,112 | +196.0% |
| Fixed assets | 21/28 | €17,195 | €44,636 | +€27,441 | +159.6% |
| Tangible fixed assets | 22/27 | €17,195 | €44,636 | +€27,441 | +159.6% |
| Land and buildings | 22 | €15,139 | €11,392 | -€3,747 | -24.7% |
| Plant, machinery and equipment | 23 | €2,055 | €1,538 | -€517 | -25.2% |
| Furniture and vehicles | 24 | - | €31,705 | +€31,705 | |
| Current assets | 29/58 | €33,880 | €106,550 | +€72,670 | +214.5% |
| Amounts receivable within one year | 40/41 | €110 | €1,946 | +€1,836 | +1671.8% |
| Trade receivables | 40 | - | €1,808 | +€1,808 | |
| Other amounts receivable | 41 | €110 | €138 | +€28 | +25.5% |
| Cash at bank and in hand | 54/58 | €32,322 | €51,375 | +€19,052 | +58.9% |
| Deferred charges and accrued income | 490/1 | €1,448 | €53,230 | +€51,782 | +3577.0% |
| Total equity and liabilities | 10/49 | €51,074 | €151,186 | +€100,112 | +196.0% |
| Equity | 10/15 | €18,483 | €32,944 | +€14,461 | +78.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,483 | €27,944 | +€14,461 | +107.3% |
| Distributable reserves | 133 | €13,483 | €27,944 | +€14,461 | +107.3% |
| Amounts payable | 17/49 | €32,592 | €118,242 | +€85,650 | +262.8% |
| Amounts payable after more than one year | 17 | €8,368 | €38,089 | +€29,721 | +355.2% |
| Financial debts | 170/4 | €8,368 | €38,089 | +€29,721 | +355.2% |
| Amounts payable within one year | 42/48 | €23,724 | €80,153 | +€56,429 | +237.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,545 | +€7,545 | |
| Financial debts | 43 | €2,920 | €2,974 | +€54 | +1.9% |
| Other loans | 439 | €2,920 | €2,974 | +€54 | +1.9% |
| Trade debts | 44 | €2,262 | €608 | -€1,654 | -73.1% |
| Suppliers | 440/4 | €2,262 | €608 | -€1,654 | -73.1% |
| Taxes, remuneration and social security | 45 | €13,170 | €21,201 | +€8,031 | +61.0% |
| Taxes | 450/3 | €10,670 | €18,701 | +€8,031 | +75.3% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €5,372 | €47,825 | +€42,453 | +790.3% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,126 | €4,807 | +€681 | +16.5% |
| Other operating charges | 640/8 | €251 | €528 | +€277 | +110.6% |
| Gross operating margin | 9900 | €27,159 | €29,094 | +€1,936 | +7.1% |
| Operating profit (loss) | 9901 | €22,782 | €23,760 | +€977 | +4.3% |
| Financial income | 75/76B | €45 | €139 | +€95 | +211.6% |
| Recurring financial income | 75 | €45 | €139 | +€95 | +211.6% |
| Financial charges | 65/66B | €4,861 | €4,085 | -€776 | -16.0% |
| Recurring financial charges | 65 | €4,861 | €4,085 | -€776 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €17,966 | €19,814 | +€1,848 | +10.3% |
| Income taxes | 67/77 | €4,483 | €5,353 | +€869 | +19.4% |
| Profit (loss) for the period | 9904 | €13,483 | €14,461 | +€979 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,483 | €14,461 | +€979 | +7.3% |
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 6 October 2026 via checked.be.