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VERDES: 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.

What changed

VERDES

BE 0480.124.264
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€10,208
2023 · -€1,214+€11,422
Equity
€278,753
2023 · €268,545+€10,208
Cash
€14
2023 · -+€14
Balance sheet total
€305,456
2023 · €345,893-€40,437

Largest movements

2023 to 2024
Assets
  • Financial fixed assets -€172,500

    down €172,500 (-50.0%), from €345,000 to €172,500

  • Receivables within one year +€132,229

    new in 2024: €132,229

Equity and liabilities
  • Other debts -€39,919

    down €39,919 (-61.0%), from €65,476 to €25,557

  • Profit (loss) carried forward +€10,208

    up €10,208 (+4.1%), from €248,085 to €258,293

  • Tax, wage and social debts -€8,902

    down €8,902 (-96.5%), from €9,227 to €325

Income statement
  • Gross operating margin +€12,054

    up €12,054, from -€1,207 to €10,847

  • Taxes +€325

    new in 2024: €325

  • Depreciation +€173

    up €173 (+2508.7%), from €7 to €180

  • Financial charges +€134

    new in 2024: €134

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€1,214
Gross operating margin +€12,054
Depreciation -€173
Financial charges -€134
Taxes -€325
Result 2024 €10,208

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€172,486
Investment +€172,500
Financing €0
Cash 2023 €0
Net result for the year +€10,208
Depreciation +€180
Receivables within one year -€132,229
Trade debts -€1,091
Tax, wage and social debts -€8,902
Other debts -€39,919
Accrued charges and deferred income -€732
Investment in fixed assets (net) +€172,500
Cash 2024 €14
Every line side by side 32 lines
Line Code 2023 2024 Change %
Total assets 20/58 €345,893 €305,456 -€40,437 -11.7%
Formation expenses 20 €893 €713 -€180 -20.2%
Fixed assets 21/28 €345,000 €172,500 -€172,500 -50.0%
Financial fixed assets 28 €345,000 €172,500 -€172,500 -50.0%
Current assets 29/58 - €132,243 +€132,243
Amounts receivable within one year 40/41 - €132,229 +€132,229
Other amounts receivable 41 - €132,229 +€132,229
Cash at bank and in hand 54/58 - €14 +€14
Total equity and liabilities 10/49 €345,893 €305,456 -€40,437 -11.7%
Equity 10/15 €268,545 €278,753 +€10,208 +3.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €248,085 €258,293 +€10,208 +4.1%
Amounts payable 17/49 €77,348 €26,703 -€50,645 -65.5%
Amounts payable within one year 42/48 €76,616 €26,703 -€49,913 -65.1%
Trade debts 44 €1,912 €821 -€1,091 -57.1%
Suppliers 440/4 €1,912 €821 -€1,091 -57.1%
Taxes, remuneration and social security 45 €9,227 €325 -€8,902 -96.5%
Taxes 450/3 €9,227 €325 -€8,902 -96.5%
Other amounts payable 47/48 €65,476 €25,557 -€39,919 -61.0%
Accrued charges and deferred income 492/3 €732 - -€732
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7 €180 +€173 +2508.7%
Gross operating margin 9900 -€1,207 €10,847 +€12,054
Operating profit (loss) 9901 -€1,214 €10,667 +€11,881
Financial charges 65/66B - €134 +€134
Recurring financial charges 65 - €134 +€134
Profit (loss) for the period before taxes 9903 -€1,214 €10,533 +€11,747
Income taxes 67/77 - €325 +€325
Profit (loss) for the period 9904 -€1,214 €10,208 +€11,422
Profit (loss) for the period to be appropriated 9905 -€1,214 €10,208 +€11,422

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.