VERDICOM: 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.
VERDICOM
Largest movements
- Tangible fixed assets -€6,108
down €6,108 (-13.7%), from €44,475 to €38,366
of which Land and buildings: -€6,040
No liability line moved by more than 1% of the balance sheet total.
- Taxes -€11,442
down €11,442 (-100%), from €11,442 to €0
- Gross operating margin +€2,496
up €2,496 (+50.4%), from €4,953 to €7,449
- Other operating charges -€130
down €130 (-5.3%), from €2,457 to €2,327
- Financial charges -€112
down €112 (-43.7%), from €257 to €145
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 | €356,835 | €352,309 | -€4,526 | -1.3% |
| Fixed assets | 21/28 | €69,475 | €63,366 | -€6,108 | -8.8% |
| Tangible fixed assets | 22/27 | €44,475 | €38,366 | -€6,108 | -13.7% |
| Land and buildings | 22 | €44,270 | €38,230 | -€6,040 | -13.6% |
| Plant, machinery and equipment | 23 | €205 | €136 | -€69 | -33.5% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €287,360 | €288,943 | +€1,583 | +0.6% |
| Amounts receivable within one year | 40/41 | €186,419 | €186,319 | -€100 | -0.1% |
| Trade receivables | 40 | €24,200 | €26,620 | +€2,420 | +10.0% |
| Other amounts receivable | 41 | €162,219 | €159,699 | -€2,520 | -1.6% |
| Cash at bank and in hand | 54/58 | €100,940 | €102,623 | +€1,683 | +1.7% |
| Total equity and liabilities | 10/49 | €356,835 | €352,309 | -€4,526 | -1.3% |
| Equity | 10/15 | €267,559 | €266,428 | -€1,131 | -0.4% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €152,618 | €152,618 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,460 | €20,460 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,460 | €20,460 | = | 0.0% |
| Distributable reserves | 133 | €132,158 | €132,158 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,941 | €113,810 | -€1,131 | -1.0% |
| Amounts payable | 17/49 | €89,276 | €85,881 | -€3,395 | -3.8% |
| Amounts payable within one year | 42/48 | €89,276 | €85,881 | -€3,395 | -3.8% |
| Trade debts | 44 | €1,569 | €373 | -€1,197 | -76.3% |
| Suppliers | 440/4 | €1,569 | €373 | -€1,197 | -76.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €87,707 | €85,508 | -€2,198 | -2.5% |
| Non-recurring operating income | 76A | €863 | €0 | -€863 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,108 | €6,108 | = | 0.0% |
| Other operating charges | 640/8 | €2,457 | €2,327 | -€130 | -5.3% |
| Gross operating margin | 9900 | €4,953 | €7,449 | +€2,496 | +50.4% |
| Operating profit (loss) | 9901 | -€3,612 | -€986 | +€2,626 | +72.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €257 | €145 | -€112 | -43.7% |
| Recurring financial charges | 65 | €257 | €145 | -€112 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,869 | -€1,131 | +€2,738 | +70.8% |
| Income taxes | 67/77 | €11,442 | €0 | -€11,442 | -100% |
| Profit (loss) for the period | 9904 | -€15,311 | -€1,131 | +€14,180 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,311 | -€1,131 | +€14,180 | +92.6% |
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 30 October 2026 via checked.be.