VERDABIC: 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.
VERDABIC
Largest movements
- Tangible fixed assets +€20,375
up €20,375 (+3.9%), from €520,974 to €541,350
of which Furniture and vehicles: +€65,526
- Receivables within one year +€8,405
up €8,405 (+32.4%), from €25,921 to €34,326
of which Other amounts receivable: +€15,005
- Other debts +€77,530
up €77,530 (+621.8%), from €12,468 to €89,998
- Debts after one year -€60,719
down €60,719 (-59.7%), from €101,657 to €40,937
- Reserves +€9,044
up €9,044 (+2.9%), from €307,395 to €316,439
of which Distributable reserves: +€9,044
- Gross operating margin -€25,441
down €25,441 (-24.1%), from €105,360 to €79,919
- Taxes -€9,882
down €9,882 (-69.2%), from €14,287 to €4,404
- Depreciation +€5,276
up €5,276 (+11.7%), from €45,151 to €50,427
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 | €554,695 | €581,570 | +€26,875 | +4.8% |
| Fixed assets | 21/28 | €520,974 | €541,350 | +€20,375 | +3.9% |
| Tangible fixed assets | 22/27 | €520,974 | €541,350 | +€20,375 | +3.9% |
| Land and buildings | 22 | €520,974 | €475,823 | -€45,151 | -8.7% |
| Furniture and vehicles | 24 | - | €65,526 | +€65,526 | |
| Current assets | 29/58 | €33,721 | €40,221 | +€6,500 | +19.3% |
| Amounts receivable within one year | 40/41 | €25,921 | €34,326 | +€8,405 | +32.4% |
| Trade receivables | 40 | €24,800 | €18,200 | -€6,600 | -26.6% |
| Other amounts receivable | 41 | €1,121 | €16,126 | +€15,005 | +1338.7% |
| Cash at bank and in hand | 54/58 | €7,800 | €5,895 | -€1,905 | -24.4% |
| Total equity and liabilities | 10/49 | €554,695 | €581,570 | +€26,875 | +4.8% |
| Equity | 10/15 | €369,395 | €378,439 | +€9,044 | +2.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €307,395 | €316,439 | +€9,044 | +2.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €301,195 | €310,239 | +€9,044 | +3.0% |
| Amounts payable | 17/49 | €185,300 | €203,131 | +€17,832 | +9.6% |
| Amounts payable after more than one year | 17 | €101,657 | €40,937 | -€60,719 | -59.7% |
| Financial debts | 170/4 | €101,657 | €40,937 | -€60,719 | -59.7% |
| Amounts payable within one year | 42/48 | €83,643 | €162,194 | +€78,551 | +93.9% |
| Current portion of amounts payable after more than one year | 42 | €59,534 | €60,719 | +€1,185 | +2.0% |
| Financial debts | 43 | - | €2,130 | +€2,130 | |
| Credit institutions | 430/8 | - | €2,130 | +€2,130 | |
| Trade debts | 44 | €2,355 | €61 | -€2,294 | -97.4% |
| Suppliers | 440/4 | €2,355 | €61 | -€2,294 | -97.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,287 | €9,287 | = | 0.0% |
| Taxes | 450/3 | €9,287 | €9,287 | = | 0.0% |
| Other amounts payable | 47/48 | €12,468 | €89,998 | +€77,530 | +621.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,151 | €50,427 | +€5,276 | +11.7% |
| Other operating charges | 640/8 | €12,155 | €12,455 | +€300 | +2.5% |
| Gross operating margin | 9900 | €105,360 | €79,919 | -€25,441 | -24.1% |
| Operating profit (loss) | 9901 | €48,055 | €17,037 | -€31,017 | -64.5% |
| Financial charges | 65/66B | €4,524 | €3,589 | -€935 | -20.7% |
| Recurring financial charges | 65 | €4,524 | €3,589 | -€935 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €43,531 | €13,448 | -€30,083 | -69.1% |
| Income taxes | 67/77 | €14,287 | €4,404 | -€9,882 | -69.2% |
| Profit (loss) for the period | 9904 | €29,244 | €9,044 | -€20,201 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,244 | €9,044 | -€20,201 | -69.1% |
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 29 September 2026 via checked.be.