Vercatrans: 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.
Vercatrans
Largest movements
- Receivables within one year -€126,972
down €126,972 (-21.5%), from €589,579 to €462,607
of which Trade receivables: -€128,467
- Tangible fixed assets -€124,554
down €124,554 (-11.1%), from €1.1m to €999,251
of which Furniture and vehicles: -€287,000
- Cash +€87,546
up €87,546 (+175%), from €49,977 to €137,523
mainly Depreciation (+€426,714) and Receivables within one year (+€126,972)
- Deferred charges and accrued income +€29,820
up €29,820 (+211%), from €14,159 to €43,980
- Trade debts -€88,300
down €88,300 (-29.3%), from €301,364 to €213,063
- Debts after one year -€25,182
down €25,182 (-5.0%), from €503,794 to €478,612
of which Other amounts payable: -€14,833
- Depreciation -€63,712
down €63,712 (-13.0%), from €490,426 to €426,714
- Write-downs +€48,031
up €48,031, from -€48,031 to €0
- Gross operating margin -€40,579
down €40,579 (-4.0%), from €1.0m to €975,761
- Financial charges -€11,670
down €11,670 (-17.0%), from €68,809 to €57,139
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 | €1,777,521 | €1,643,361 | -€134,159 | -7.5% |
| Fixed assets | 21/28 | €1,123,805 | €999,251 | -€124,554 | -11.1% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -23.5% |
| Tangible fixed assets | 22/27 | €1,123,805 | €999,251 | -€124,554 | -11.1% |
| Plant, machinery and equipment | 23 | €71,673 | €42,952 | -€28,721 | -40.1% |
| Furniture and vehicles | 24 | €619,106 | €332,106 | -€287,000 | -46.4% |
| Leasing and similar rights | 25 | €433,026 | €620,742 | +€187,716 | +43.3% |
| Other tangible fixed assets | 26 | - | €3,452 | +€3,452 | |
| Current assets | 29/58 | €653,716 | €644,110 | -€9,605 | -1.5% |
| Amounts receivable within one year | 40/41 | €589,579 | €462,607 | -€126,972 | -21.5% |
| Trade receivables | 40 | €588,827 | €460,360 | -€128,467 | -21.8% |
| Other amounts receivable | 41 | €752 | €2,247 | +€1,496 | +199% |
| Cash at bank and in hand | 54/58 | €49,977 | €137,523 | +€87,546 | +175% |
| Deferred charges and accrued income | 490/1 | €14,159 | €43,980 | +€29,820 | +211% |
| Total equity and liabilities | 10/49 | €1,777,521 | €1,643,361 | -€134,159 | -7.5% |
| Equity | 10/15 | €77,465 | €79,463 | +€1,998 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,865 | €60,863 | +€1,998 | +3.4% |
| Tax-exempt reserves | 132 | €30,750 | €30,750 | = | 0.0% |
| Distributable reserves | 133 | €28,115 | €30,113 | +€1,998 | +7.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €520,909 | €527,721 | +€6,811 | +1.3% |
| Provisions for liabilities and charges | 160/5 | €520,909 | €527,721 | +€6,811 | +1.3% |
| Other liabilities and charges | 164/5 | €520,909 | €527,721 | +€6,811 | +1.3% |
| Amounts payable | 17/49 | €1,179,147 | €1,036,178 | -€142,969 | -12.1% |
| Amounts payable after more than one year | 17 | €503,794 | €478,612 | -€25,182 | -5.0% |
| Financial debts | 170/4 | €445,223 | €434,875 | -€10,349 | -2.3% |
| Other amounts payable | 178/9 | €58,570 | €43,737 | -€14,833 | -25.3% |
| Amounts payable within one year | 42/48 | €659,161 | €547,072 | -€112,089 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €266,306 | €259,206 | -€7,100 | -2.7% |
| Trade debts | 44 | €301,364 | €213,063 | -€88,300 | -29.3% |
| Suppliers | 440/4 | €301,364 | €213,063 | -€88,300 | -29.3% |
| Taxes, remuneration and social security | 45 | €90,659 | €73,944 | -€16,715 | -18.4% |
| Taxes | 450/3 | €72,775 | €60,785 | -€11,990 | -16.5% |
| Remuneration and social security | 454/9 | €17,884 | €13,159 | -€4,725 | -26.4% |
| Other amounts payable | 47/48 | €833 | €859 | +€26 | +3.1% |
| Accrued charges and deferred income | 492/3 | €16,192 | €10,494 | -€5,697 | -35.2% |
| Non-recurring operating income | 76A | €124,561 | €23,143 | -€101,418 | -81.4% |
| Remuneration, social security and pensions | 62 | €401,347 | €405,207 | +€3,860 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490,426 | €426,714 | -€63,712 | -13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€48,031 | €0 | +€48,031 | |
| Other operating charges | 640/8 | €84,652 | €89,721 | +€5,069 | +6.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,016,340 | €975,761 | -€40,579 | -4.0% |
| Operating profit (loss) | 9901 | €87,946 | €54,119 | -€33,827 | -38.5% |
| Financial income | 75/76B | €2,568 | €5,938 | +€3,370 | +131% |
| Recurring financial income | 75 | €2,568 | €5,938 | +€3,370 | +131% |
| Financial charges | 65/66B | €68,809 | €57,139 | -€11,670 | -17.0% |
| Recurring financial charges | 65 | €68,809 | €57,139 | -€11,670 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €21,704 | €2,917 | -€18,787 | -86.6% |
| Income taxes | 67/77 | €134 | €60 | -€74 | -55.2% |
| Profit (loss) for the period | 9904 | €21,570 | €2,857 | -€18,713 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,570 | €2,857 | -€18,713 | -86.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.