Verdi@com: 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.
Verdi@com
Largest movements
- Tangible fixed assets -€68,438
down €68,438 (-6.7%), from €1.0m to €960,145
of which Land and buildings: -€66,027
- Deferred charges and accrued income -€46,382
down €46,382 (-100.0%), from €46,382 to €0
- Cash +€24,991
up €24,991 (+38.4%), from €65,119 to €90,109
mainly Depreciation (+€77,924) and Deferred charges and accrued income (+€46,382)
- Receivables within one year +€14,728
up €14,728 (+41.0%), from €35,956 to €50,684
- Other debts -€110,209
down €110,209 (-13.1%), from €844,176 to €733,967
- Reserves +€30,806
up €30,806 (+87.1%), from €35,366 to €66,171
- Other operating charges -€7,776
down €7,776 (-46.1%), from €16,860 to €9,084
- Gross operating margin +€7,443
up €7,443 (+5.9%), from €127,026 to €134,469
- Taxes +€6,307
new in 2025: €6,307
- Financial income +€6,181
new in 2025: €6,181
- Financial charges -€2,791
down €2,791 (-11.2%), from €24,888 to €22,097
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 | €1,176,039 | €1,100,938 | -€75,101 | -6.4% |
| Fixed assets | 21/28 | €1,028,583 | €960,145 | -€68,438 | -6.7% |
| Tangible fixed assets | 22/27 | €1,028,583 | €960,145 | -€68,438 | -6.7% |
| Land and buildings | 22 | €1,023,896 | €957,869 | -€66,027 | -6.4% |
| Plant, machinery and equipment | 23 | €1,157 | €0 | -€1,157 | -100.0% |
| Furniture and vehicles | 24 | €3,531 | €2,276 | -€1,254 | -35.5% |
| Current assets | 29/58 | €147,456 | €140,793 | -€6,663 | -4.5% |
| Amounts receivable within one year | 40/41 | €35,956 | €50,684 | +€14,728 | +41.0% |
| Trade receivables | 40 | €35,956 | €50,684 | +€14,728 | +41.0% |
| Cash at bank and in hand | 54/58 | €65,119 | €90,109 | +€24,991 | +38.4% |
| Deferred charges and accrued income | 490/1 | €46,382 | €0 | -€46,382 | -100.0% |
| Total equity and liabilities | 10/49 | €1,176,039 | €1,100,938 | -€75,101 | -6.4% |
| Equity | 10/15 | €311,062 | €335,144 | +€24,082 | +7.7% |
| Contributions | 10/11 | €268,972 | €268,972 | = | 0.0% |
| Reserves | 13 | €35,366 | €66,171 | +€30,806 | +87.1% |
| Distributable reserves | 133 | €35,366 | €66,171 | +€30,806 | +87.1% |
| Profit (loss) carried forward | 14 | €6,723 | €0 | -€6,723 | -100.0% |
| Amounts payable | 17/49 | €864,978 | €765,794 | -€99,183 | -11.5% |
| Amounts payable within one year | 42/48 | €864,978 | €765,794 | -€99,183 | -11.5% |
| Trade debts | 44 | €2,934 | €4,053 | +€1,118 | +38.1% |
| Suppliers | 440/4 | €2,934 | €4,053 | +€1,118 | +38.1% |
| Taxes, remuneration and social security | 45 | €17,867 | €27,774 | +€9,907 | +55.5% |
| Taxes | 450/3 | €17,867 | €27,774 | +€9,907 | +55.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €844,176 | €733,967 | -€110,209 | -13.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,913 | €77,924 | +€1,011 | +1.3% |
| Other operating charges | 640/8 | €16,860 | €9,084 | -€7,776 | -46.1% |
| Non-recurring operating charges | 66A | - | €1,157 | +€1,157 | |
| Gross operating margin | 9900 | €127,026 | €134,469 | +€7,443 | +5.9% |
| Operating profit (loss) | 9901 | €33,254 | €46,305 | +€13,051 | +39.2% |
| Financial income | 75/76B | - | €6,181 | +€6,181 | |
| Recurring financial income | 75 | - | €6,181 | +€6,181 | |
| Financial charges | 65/66B | €24,888 | €22,097 | -€2,791 | -11.2% |
| Recurring financial charges | 65 | €24,888 | €22,097 | -€2,791 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €8,366 | €30,389 | +€22,023 | +263.3% |
| Income taxes | 67/77 | - | €6,307 | +€6,307 | |
| Profit (loss) for the period | 9904 | €8,366 | €24,082 | +€15,717 | +187.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,366 | €24,082 | +€15,717 | +187.9% |
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 1 October 2026 via checked.be.