VERDIAL: 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.
VERDIAL
Largest movements
- Tangible fixed assets -€31,094
down €31,094 (-9.5%), from €328,698 to €297,604
of which Plant, machinery and equipment: -€18,226
- Debts after one year -€30,229
down €30,229 (-13.2%), from €229,313 to €199,083
- Profit (loss) carried forward +€5,278
up €5,278 (+8.8%), from €59,703 to €64,981
- Trade debts -€3,607
down €3,607 (-64.5%), from €5,589 to €1,983
- Other operating charges -€4,607
down €4,607 (-98.3%), from €4,687 to €80
- Depreciation -€2,762
down €2,762 (-8.2%), from €33,856 to €31,094
- Gross operating margin -€2,015
down €2,015 (-4.3%), from €46,584 to €44,569
- Financial charges -€1,551
down €1,551 (-16.0%), from €9,668 to €8,117
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 | €347,107 | €318,923 | -€28,184 | -8.1% |
| Fixed assets | 21/28 | €328,698 | €297,604 | -€31,094 | -9.5% |
| Tangible fixed assets | 22/27 | €328,698 | €297,604 | -€31,094 | -9.5% |
| Land and buildings | 22 | €188,543 | €179,147 | -€9,396 | -5.0% |
| Plant, machinery and equipment | 23 | €136,683 | €118,457 | -€18,226 | -13.3% |
| Furniture and vehicles | 24 | €3,472 | - | -€3,472 | |
| Current assets | 29/58 | €18,410 | €21,319 | +€2,910 | +15.8% |
| Amounts receivable after more than one year | 29 | €18,405 | €21,299 | +€2,895 | +15.7% |
| Other amounts receivable | 291 | €18,405 | €21,299 | +€2,895 | +15.7% |
| Cash at bank and in hand | 54/58 | €5 | €20 | +€15 | +311.5% |
| Total equity and liabilities | 10/49 | €347,107 | €318,923 | -€28,184 | -8.1% |
| Equity | 10/15 | €80,328 | €85,606 | +€5,278 | +6.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,703 | €64,981 | +€5,278 | +8.8% |
| Amounts payable | 17/49 | €266,779 | €233,317 | -€33,462 | -12.5% |
| Amounts payable after more than one year | 17 | €229,313 | €199,083 | -€30,229 | -13.2% |
| Financial debts | 170/4 | €229,313 | €199,083 | -€30,229 | -13.2% |
| Amounts payable within one year | 42/48 | €36,717 | €34,233 | -€2,484 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €31,127 | €32,251 | +€1,123 | +3.6% |
| Trade debts | 44 | €5,589 | €1,983 | -€3,607 | -64.5% |
| Suppliers | 440/4 | €5,589 | €1,983 | -€3,607 | -64.5% |
| Accrued charges and deferred income | 492/3 | €750 | - | -€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,856 | €31,094 | -€2,762 | -8.2% |
| Other operating charges | 640/8 | €4,687 | €80 | -€4,607 | -98.3% |
| Gross operating margin | 9900 | €46,584 | €44,569 | -€2,015 | -4.3% |
| Operating profit (loss) | 9901 | €8,042 | €13,395 | +€5,353 | +66.6% |
| Financial charges | 65/66B | €9,668 | €8,117 | -€1,551 | -16.0% |
| Recurring financial charges | 65 | €9,668 | €8,117 | -€1,551 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,626 | €5,278 | +€6,904 | |
| Profit (loss) for the period | 9904 | -€1,626 | €5,278 | +€6,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,626 | €5,278 | +€6,904 |
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 10 October 2026 via checked.be.