VERCORS: 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.
VERCORS
Largest movements
- Deferred charges and accrued income +€22,719
up €22,719 (+6994.5%), from €325 to €23,044
- Reserves +€14,984
up €14,984 (+42.0%), from €35,710 to €50,694
of which Distributable reserves: +€13,984
- Tax, wage and social debts +€7,208
up €7,208 (+105.0%), from €6,868 to €14,077
- Gross operating margin +€1,361
up €1,361 (+6.5%), from €20,967 to €22,328
- Taxes +€365
up €365 (+5.2%), from €6,984 to €7,349
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 | €671,327 | €692,799 | +€21,472 | +3.2% |
| Fixed assets | 21/28 | €576,000 | €576,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €576,000 | €576,000 | = | 0.0% |
| Land and buildings | 22 | €576,000 | €576,000 | = | 0.0% |
| Current assets | 29/58 | €95,327 | €116,799 | +€21,472 | +22.5% |
| Cash at bank and in hand | 54/58 | €95,002 | €93,755 | -€1,247 | -1.3% |
| Deferred charges and accrued income | 490/1 | €325 | €23,044 | +€22,719 | +6994.5% |
| Total equity and liabilities | 10/49 | €671,327 | €692,799 | +€21,472 | +3.2% |
| Equity | 10/15 | €663,650 | €678,634 | +€14,984 | +2.3% |
| Contributions | 10/11 | €582,000 | €582,000 | = | 0.0% |
| Capital | 10 | €582,000 | €582,000 | = | 0.0% |
| Issued capital | 100 | €582,000 | €582,000 | = | 0.0% |
| Reserves | 13 | €35,710 | €50,694 | +€14,984 | +42.0% |
| Non-distributable reserves | 130/1 | €5,600 | €6,600 | +€1,000 | +17.9% |
| Legal reserve | 130 | €5,600 | €6,600 | +€1,000 | +17.9% |
| Distributable reserves | 133 | €30,110 | €44,094 | +€13,984 | +46.4% |
| Profit (loss) carried forward | 14 | €45,940 | €45,940 | = | 0.0% |
| Amounts payable | 17/49 | €7,677 | €14,165 | +€6,488 | +84.5% |
| Amounts payable within one year | 42/48 | €7,579 | €14,077 | +€6,497 | +85.7% |
| Trade debts | 44 | €711 | - | -€711 | |
| Suppliers | 440/4 | €711 | - | -€711 | |
| Taxes, remuneration and social security | 45 | €6,868 | €14,077 | +€7,208 | +105.0% |
| Taxes | 450/3 | €6,868 | €14,077 | +€7,208 | +105.0% |
| Accrued charges and deferred income | 492/3 | €97 | €88 | -€9 | -9.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €20,967 | €22,328 | +€1,361 | +6.5% |
| Operating profit (loss) | 9901 | €20,580 | €21,928 | +€1,348 | +6.6% |
| Financial income | 75/76B | €385 | €470 | +€85 | +22.0% |
| Recurring financial income | 75 | €385 | €470 | +€85 | +22.0% |
| Financial charges | 65/66B | €45 | €65 | +€20 | +44.4% |
| Recurring financial charges | 65 | €45 | €65 | +€20 | +44.4% |
| Profit (loss) for the period before taxes | 9903 | €20,920 | €22,333 | +€1,413 | +6.8% |
| Income taxes | 67/77 | €6,984 | €7,349 | +€365 | +5.2% |
| Profit (loss) for the period | 9904 | €13,936 | €14,984 | +€1,048 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,936 | €14,984 | +€1,048 | +7.5% |
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 7 October 2026 via checked.be.