Verdho Trading: 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.
Verdho Trading
Largest movements
- Stocks and contracts -€12,284
down €12,284 (-16.0%), from €77,002 to €64,718
- Tangible fixed assets +€1,305
up €1,305, from €0 to €1,305
of which Furniture and vehicles: +€1,305
- Receivables within one year +€1,194
up €1,194 (+7.6%), from €15,732 to €16,926
of which Trade receivables: +€2,182
- Short-term financial debts +€9,295
up €9,295 (+968%), from €961 to €10,256
- Other debts -€7,747
down €7,747 (-85.6%), from €9,055 to €1,308
- Profit (loss) carried forward -€7,104
down €7,104 (-72.5%), from -€9,802 to -€16,906
- Trade debts -€3,469
down €3,469 (-21.1%), from €16,463 to €12,993
- Gross operating margin -€20,484
down €20,484, from €17,996 to -€2,488
- Financial charges -€3,242
down €3,242 (-48.9%), from €6,628 to €3,385
- Depreciation +€263
up €263 (+176%), from €150 to €412
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 | €93,370 | €83,518 | -€9,852 | -10.6% |
| Fixed assets | 21/28 | €0 | €1,305 | +€1,305 | |
| Tangible fixed assets | 22/27 | €0 | €1,305 | +€1,305 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €1,305 | +€1,305 | |
| Current assets | 29/58 | €93,370 | €82,213 | -€11,157 | -11.9% |
| Stocks and contracts in progress | 3 | €77,002 | €64,718 | -€12,284 | -16.0% |
| Stocks | 30/36 | €77,002 | €64,718 | -€12,284 | -16.0% |
| Amounts receivable within one year | 40/41 | €15,732 | €16,926 | +€1,194 | +7.6% |
| Trade receivables | 40 | €13,406 | €15,588 | +€2,182 | +16.3% |
| Other amounts receivable | 41 | €2,326 | €1,338 | -€988 | -42.5% |
| Cash at bank and in hand | 54/58 | €449 | €378 | -€71 | -15.7% |
| Deferred charges and accrued income | 490/1 | €187 | €191 | +€5 | +2.4% |
| Total equity and liabilities | 10/49 | €93,370 | €83,518 | -€9,852 | -10.6% |
| Equity | 10/15 | €35,349 | €28,245 | -€7,104 | -20.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €20,151 | €20,151 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,278 | €5,278 | = | 0.0% |
| Distributable reserves | 133 | €12,372 | €12,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,802 | -€16,906 | -€7,104 | -72.5% |
| Amounts payable | 17/49 | €58,021 | €55,273 | -€2,748 | -4.7% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,621 | €30,273 | -€2,348 | -7.2% |
| Financial debts | 43 | €961 | €10,256 | +€9,295 | +968% |
| Credit institutions | 430/8 | €961 | €10,256 | +€9,295 | +968% |
| Trade debts | 44 | €16,463 | €12,993 | -€3,469 | -21.1% |
| Suppliers | 440/4 | €16,463 | €12,993 | -€3,469 | -21.1% |
| Taxes, remuneration and social security | 45 | €6,142 | €5,716 | -€427 | -6.9% |
| Taxes | 450/3 | €6,142 | €5,716 | -€427 | -6.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,055 | €1,308 | -€7,747 | -85.6% |
| Accrued charges and deferred income | 492/3 | €400 | €0 | -€400 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150 | €412 | +€263 | +176% |
| Other operating charges | 640/8 | €845 | €709 | -€137 | -16.2% |
| Gross operating margin | 9900 | €17,996 | -€2,488 | -€20,484 | |
| Operating profit (loss) | 9901 | €17,001 | -€3,610 | -€20,610 | |
| Financial income | 75/76B | €10 | €54 | +€44 | +432% |
| Recurring financial income | 75 | €10 | €54 | +€44 | +432% |
| Financial charges | 65/66B | €6,628 | €3,385 | -€3,242 | -48.9% |
| Recurring financial charges | 65 | €6,628 | €3,385 | -€3,242 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €10,383 | -€6,941 | -€17,324 | |
| Income taxes | 67/77 | €174 | €163 | -€11 | -6.6% |
| Profit (loss) for the period | 9904 | €10,209 | -€7,104 | -€17,313 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,209 | -€7,104 | -€17,313 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.