Verda Kampo: 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.
Verda Kampo
Largest movements
- Tangible fixed assets +€63,210
up €63,210 (+30.2%), from €209,194 to €272,403
of which Land and buildings: +€70,268
- Cash -€16,305
down €16,305 (-49.7%), from €32,836 to €16,531
mainly Investment in fixed assets (net) (-€76,987) and Tax, wage and social debts (-€20,458)
- Receivables within one year +€9,259
up €9,259 (+44.8%), from €20,657 to €29,917
- Profit (loss) carried forward +€64,217
up €64,217 (+78.1%), from €82,238 to €146,455
- Tax, wage and social debts -€20,458
down €20,458 (-60.1%), from €34,062 to €13,604
- Short-term financial debts +€13,373
new in 2025: €13,373
- Current portion of long-term debt -€10,479
down €10,479 (-75.1%), from €13,945 to €3,466
- Trade debts +€6,709
up €6,709 (+68.9%), from €9,735 to €16,445
- Gross operating margin +€15,430
up €15,430 (+18.5%), from €83,475 to €98,905
- Depreciation +€3,981
up €3,981 (+40.6%), from €9,796 to €13,777
- Taxes +€2,635
up €2,635 (+16.6%), from €15,848 to €18,483
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 | €263,018 | €319,550 | +€56,532 | +21.5% |
| Fixed assets | 21/28 | €209,355 | €272,564 | +€63,210 | +30.2% |
| Tangible fixed assets | 22/27 | €209,194 | €272,403 | +€63,210 | +30.2% |
| Land and buildings | 22 | €181,825 | €252,092 | +€70,268 | +38.6% |
| Furniture and vehicles | 24 | €18,966 | €12,912 | -€6,054 | -31.9% |
| Other tangible fixed assets | 26 | €8,403 | €7,399 | -€1,004 | -12.0% |
| Financial fixed assets | 28 | €161 | €161 | = | 0.0% |
| Current assets | 29/58 | €53,663 | €46,986 | -€6,677 | -12.4% |
| Amounts receivable within one year | 40/41 | €20,657 | €29,917 | +€9,259 | +44.8% |
| Trade receivables | 40 | €20,657 | €29,917 | +€9,259 | +44.8% |
| Cash at bank and in hand | 54/58 | €32,836 | €16,531 | -€16,305 | -49.7% |
| Deferred charges and accrued income | 490/1 | €170 | €538 | +€368 | +217% |
| Total equity and liabilities | 10/49 | €263,018 | €319,550 | +€56,532 | +21.5% |
| Equity | 10/15 | €117,238 | €181,455 | +€64,217 | +54.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,238 | €146,455 | +€64,217 | +78.1% |
| Amounts payable | 17/49 | €145,779 | €138,095 | -€7,685 | -5.3% |
| Amounts payable after more than one year | 17 | €3,466 | - | -€3,466 | |
| Financial debts | 170/4 | €3,466 | - | -€3,466 | |
| Amounts payable within one year | 42/48 | €142,313 | €138,095 | -€4,219 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €13,945 | €3,466 | -€10,479 | -75.1% |
| Financial debts | 43 | - | €13,373 | +€13,373 | |
| Other loans | 439 | - | €13,373 | +€13,373 | |
| Trade debts | 44 | €9,735 | €16,445 | +€6,709 | +68.9% |
| Suppliers | 440/4 | €9,735 | €16,445 | +€6,709 | +68.9% |
| Taxes, remuneration and social security | 45 | €34,062 | €13,604 | -€20,458 | -60.1% |
| Taxes | 450/3 | €34,062 | €13,604 | -€20,458 | -60.1% |
| Other amounts payable | 47/48 | €84,571 | €91,208 | +€6,637 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,796 | €13,777 | +€3,981 | +40.6% |
| Other operating charges | 640/8 | €1,700 | €841 | -€859 | -50.5% |
| Gross operating margin | 9900 | €83,475 | €98,905 | +€15,430 | +18.5% |
| Operating profit (loss) | 9901 | €71,978 | €84,287 | +€12,309 | +17.1% |
| Financial income | 75/76B | €22 | €8 | -€15 | -66.0% |
| Recurring financial income | 75 | €22 | €8 | -€15 | -66.0% |
| Financial charges | 65/66B | €1,041 | €1,595 | +€554 | +53.2% |
| Recurring financial charges | 65 | €1,041 | €1,595 | +€554 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | €70,959 | €82,699 | +€11,740 | +16.5% |
| Income taxes | 67/77 | €15,848 | €18,483 | +€2,635 | +16.6% |
| Profit (loss) for the period | 9904 | €55,112 | €64,217 | +€9,105 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,112 | €64,217 | +€9,105 | +16.5% |
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 13 October 2026 via checked.be.