VERCAUTEREN: 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.
VERCAUTEREN
Largest movements
- Cash +€3,610
up €3,610 (+29,156%), from €12 to €3,622
mainly Other debts (+€3,324) and Net result for the year (+€286)
- Other debts +€3,324
up €3,324 (+18.6%), from €17,872 to €21,195
- Turnover -€3,600
no longer reported in 2025 (was €3,600)
- Purchases and services -€1,818
no longer reported in 2025 (was €1,818)
- Gross operating margin +€101
up €101 (+5.6%), from €1,782 to €1,882
- Other operating charges +€47
up €47 (+3.1%), from €1,525 to €1,572
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 | €104,985 | €108,595 | +€3,610 | +3.4% |
| Fixed assets | 21/28 | €104,973 | €104,973 | = | 0.0% |
| Tangible fixed assets | 22/27 | €104,973 | €104,973 | = | 0.0% |
| Land and buildings | 22 | €104,973 | €104,973 | = | 0.0% |
| Current assets | 29/58 | €12 | €3,622 | +€3,610 | +29,156% |
| Cash at bank and in hand | 54/58 | €12 | €3,622 | +€3,610 | +29,156% |
| Total equity and liabilities | 10/49 | €104,985 | €108,595 | +€3,610 | +3.4% |
| Equity | 10/15 | €69,249 | €69,535 | +€286 | +0.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €730 | €730 | = | 0.0% |
| Reserves | 13 | €1,558 | €1,558 | = | 0.0% |
| Distributable reserves | 133 | €1,558 | €1,558 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,462 | €5,748 | +€286 | +5.2% |
| Provisions and deferred taxes | 16 | €17,864 | €17,864 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €17,864 | €17,864 | = | 0.0% |
| Other liabilities and charges | 164/5 | €17,864 | €17,864 | = | 0.0% |
| Amounts payable | 17/49 | €17,872 | €21,195 | +€3,324 | +18.6% |
| Amounts payable within one year | 42/48 | €17,872 | €21,195 | +€3,324 | +18.6% |
| Other amounts payable | 47/48 | €17,872 | €21,195 | +€3,324 | +18.6% |
| Turnover | 70 | €3,600 | - | -€3,600 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,818 | - | -€1,818 | |
| Other operating charges | 640/8 | €1,525 | €1,572 | +€47 | +3.1% |
| Gross operating margin | 9900 | €1,782 | €1,882 | +€101 | +5.6% |
| Operating profit (loss) | 9901 | €257 | €310 | +€53 | +20.7% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €233 | €286 | +€53 | +22.9% |
| Profit (loss) for the period | 9904 | €233 | €286 | +€53 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €233 | €286 | +€53 | +22.9% |
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 19 October 2026 via checked.be.