VERDOCO: 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.
VERDOCO
Largest movements
- Cash +€33,119
up €33,119 (+1769.0%), from €1,872 to €34,991
mainly Net result for the year (+€38,584) and Depreciation (+€3,370)
- Receivables within one year +€6,876
up €6,876 (+712.9%), from €965 to €7,841
of which Trade receivables: +€7,841
- Tangible fixed assets -€1,984
down €1,984 (-2.4%), from €84,020 to €82,036
of which Land and buildings: -€3,327
- Profit (loss) carried forward +€38,584
up €38,584 (+14.9%), from -€259,185 to -€220,601
- Other debts -€2,901
down €2,901 (-3.3%), from €87,896 to €84,994
- Gross operating margin +€44,659
up €44,659, from -€547 to €44,112
- Other operating charges +€1,576
up €1,576 (+339.6%), from €464 to €2,040
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 | €86,857 | €124,868 | +€38,012 | +43.8% |
| Fixed assets | 21/28 | €84,020 | €82,036 | -€1,984 | -2.4% |
| Tangible fixed assets | 22/27 | €84,020 | €82,036 | -€1,984 | -2.4% |
| Land and buildings | 22 | €84,020 | €80,693 | -€3,327 | -4.0% |
| Plant, machinery and equipment | 23 | €0 | €1,343 | +€1,343 | |
| Current assets | 29/58 | €2,837 | €42,832 | +€39,996 | +1409.9% |
| Amounts receivable within one year | 40/41 | €965 | €7,841 | +€6,876 | +712.9% |
| Trade receivables | 40 | - | €7,841 | +€7,841 | |
| Other amounts receivable | 41 | €965 | - | -€965 | |
| Cash at bank and in hand | 54/58 | €1,872 | €34,991 | +€33,119 | +1769.0% |
| Total equity and liabilities | 10/49 | €86,857 | €124,868 | +€38,012 | +43.8% |
| Equity | 10/15 | -€251,130 | -€212,546 | +€38,584 | +15.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€259,185 | -€220,601 | +€38,584 | +14.9% |
| Amounts payable | 17/49 | €337,986 | €337,414 | -€572 | -0.2% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,986 | €86,209 | -€1,777 | -2.0% |
| Trade debts | 44 | - | €1,125 | +€1,125 | |
| Suppliers | 440/4 | - | €1,125 | +€1,125 | |
| Taxes, remuneration and social security | 45 | €91 | €91 | = | 0.0% |
| Taxes | 450/3 | €91 | €91 | = | 0.0% |
| Other amounts payable | 47/48 | €87,896 | €84,994 | -€2,901 | -3.3% |
| Accrued charges and deferred income | 492/3 | - | €1,205 | +€1,205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,671 | €3,370 | -€301 | -8.2% |
| Other operating charges | 640/8 | €464 | €2,040 | +€1,576 | +339.6% |
| Gross operating margin | 9900 | -€547 | €44,112 | +€44,659 | |
| Operating profit (loss) | 9901 | -€4,682 | €38,703 | +€43,385 | |
| Financial charges | 65/66B | €119 | €119 | = | 0.0% |
| Recurring financial charges | 65 | €119 | €119 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,801 | €38,584 | +€43,385 | |
| Profit (loss) for the period | 9904 | -€4,801 | €38,584 | +€43,385 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,801 | €38,584 | +€43,385 |
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 30 September 2026 via checked.be.