VERDIA: 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.
VERDIA
Largest movements
- Cash +€12,906
up €12,906 (+452%), from €2,858 to €15,765
mainly Other debts (+€23,421) and Tax, wage and social debts (+€3,538)
- Tangible fixed assets -€512
down €512 (-31.4%), from €1,629 to €1,117
- Other debts +€23,421
up €23,421 (+18.9%), from €123,893 to €147,314
- Profit (loss) carried forward -€13,168
down €13,168 (-8.4%), from -€156,054 to -€169,222
- Tax, wage and social debts +€3,538
up €3,538 (+4,821%), from €73 to €3,611
- Trade debts -€1,397
down €1,397 (-73.5%), from €1,902 to €505
- Gross operating margin +€37,790
up €37,790 (+77.0%), from -€49,105 to -€11,316
- Depreciation -€1,625
down €1,625 (-76.1%), from €2,137 to €512
- Other operating charges -€666
down €666 (-46.9%), from €1,421 to €755
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 | €4,487 | €16,882 | +€12,394 | +276% |
| Fixed assets | 21/28 | €1,629 | €1,117 | -€512 | -31.4% |
| Tangible fixed assets | 22/27 | €1,629 | €1,117 | -€512 | -31.4% |
| Land and buildings | 22 | €688 | €470 | -€218 | -31.7% |
| Plant, machinery and equipment | 23 | €713 | €544 | -€169 | -23.8% |
| Furniture and vehicles | 24 | €227 | €103 | -€124 | -54.6% |
| Current assets | 29/58 | €2,858 | €15,765 | +€12,906 | +452% |
| Cash at bank and in hand | 54/58 | €2,858 | €15,765 | +€12,906 | +452% |
| Total equity and liabilities | 10/49 | €4,487 | €16,882 | +€12,394 | +276% |
| Equity | 10/15 | -€121,381 | -€134,549 | -€13,168 | -10.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €28,475 | €28,475 | = | 0.0% |
| Distributable reserves | 133 | €28,475 | €28,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,054 | -€169,222 | -€13,168 | -8.4% |
| Amounts payable | 17/49 | €125,868 | €151,431 | +€25,562 | +20.3% |
| Amounts payable within one year | 42/48 | €125,868 | €151,431 | +€25,562 | +20.3% |
| Trade debts | 44 | €1,902 | €505 | -€1,397 | -73.5% |
| Suppliers | 440/4 | €1,902 | €505 | -€1,397 | -73.5% |
| Taxes, remuneration and social security | 45 | €73 | €3,611 | +€3,538 | +4,821% |
| Taxes | 450/3 | €73 | €3,611 | +€3,538 | +4,821% |
| Other amounts payable | 47/48 | €123,893 | €147,314 | +€23,421 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,137 | €512 | -€1,625 | -76.1% |
| Other operating charges | 640/8 | €1,421 | €755 | -€666 | -46.9% |
| Gross operating margin | 9900 | -€49,105 | -€11,316 | +€37,790 | +77.0% |
| Operating profit (loss) | 9901 | -€52,663 | -€12,582 | +€40,081 | +76.1% |
| Financial charges | 65/66B | €255 | €140 | -€115 | -45.2% |
| Recurring financial charges | 65 | €255 | €140 | -€115 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | -€52,918 | -€12,722 | +€40,196 | +76.0% |
| Income taxes | 67/77 | €386 | €446 | +€60 | +15.4% |
| Profit (loss) for the period | 9904 | -€53,305 | -€13,168 | +€40,137 | +75.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,305 | -€13,168 | +€40,137 | +75.3% |
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 20 October 2026 via checked.be.