VERCON PRO: 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.
VERCON PRO
Largest movements
- Cash +€16,854
up €16,854 (+108%), from €15,635 to €32,489
mainly Net result for the year (+€20,440) and Depreciation (+€874)
- Tangible fixed assets +€2,293
up €2,293 (+165%), from €1,387 to €3,680
of which Plant, machinery and equipment: +€1,474
- Receivables within one year +€1,863
up €1,863 (+16.0%), from €11,628 to €13,492
- Reserves +€20,440
up €20,440 (+116%), from €17,640 to €38,080
- Gross operating margin +€4,369
up €4,369 (+18.5%), from €23,644 to €28,012
- Taxes +€1,139
up €1,139 (+21.3%), from €5,360 to €6,499
- Depreciation +€391
up €391 (+80.9%), from €483 to €874
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 | €30,694 | €51,390 | +€20,695 | +67.4% |
| Formation expenses | 20 | €1,462 | €1,110 | -€352 | -24.1% |
| Fixed assets | 21/28 | €1,387 | €3,680 | +€2,293 | +165% |
| Tangible fixed assets | 22/27 | €1,387 | €3,680 | +€2,293 | +165% |
| Plant, machinery and equipment | 23 | - | €1,474 | +€1,474 | |
| Furniture and vehicles | 24 | €1,387 | €2,206 | +€819 | +59.1% |
| Current assets | 29/58 | €27,845 | €46,599 | +€18,754 | +67.4% |
| Amounts receivable within one year | 40/41 | €11,628 | €13,492 | +€1,863 | +16.0% |
| Trade receivables | 40 | €11,628 | €13,492 | +€1,863 | +16.0% |
| Cash at bank and in hand | 54/58 | €15,635 | €32,489 | +€16,854 | +108% |
| Deferred charges and accrued income | 490/1 | €582 | €618 | +€37 | +6.4% |
| Total equity and liabilities | 10/49 | €30,694 | €51,390 | +€20,695 | +67.4% |
| Equity | 10/15 | €18,640 | €39,080 | +€20,440 | +110% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,640 | €38,080 | +€20,440 | +116% |
| Distributable reserves | 133 | €17,640 | €38,080 | +€20,440 | +116% |
| Amounts payable | 17/49 | €12,054 | €12,310 | +€255 | +2.1% |
| Amounts payable within one year | 42/48 | €12,054 | €12,310 | +€255 | +2.1% |
| Trade debts | 44 | €5,186 | €5,142 | -€44 | -0.8% |
| Suppliers | 440/4 | €5,186 | €5,142 | -€44 | -0.8% |
| Taxes, remuneration and social security | 45 | €6,868 | €7,167 | +€299 | +4.4% |
| Taxes | 450/3 | €6,868 | €7,167 | +€299 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €483 | €874 | +€391 | +80.9% |
| Other operating charges | 640/8 | €129 | €128 | -€1 | -0.9% |
| Gross operating margin | 9900 | €23,644 | €28,012 | +€4,369 | +18.5% |
| Operating profit (loss) | 9901 | €23,031 | €27,010 | +€3,979 | +17.3% |
| Financial income | 75/76B | €151 | - | -€151 | |
| Recurring financial income | 75 | €151 | - | -€151 | |
| Financial charges | 65/66B | €182 | €71 | -€112 | -61.3% |
| Recurring financial charges | 65 | €182 | €71 | -€112 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | €23,000 | €26,939 | +€3,939 | +17.1% |
| Income taxes | 67/77 | €5,360 | €6,499 | +€1,139 | +21.3% |
| Profit (loss) for the period | 9904 | €17,640 | €20,440 | +€2,800 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,640 | €20,440 | +€2,800 | +15.9% |
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 26 October 2026 via checked.be.