Verdou: 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.
Verdou
Largest movements
- Receivables within one year +€203,735
up €203,735 (+4933.1%), from €4,130 to €207,865
of which Other amounts receivable: +€197,231
- Current investments -€123,698
down €123,698 (-82.8%), from €149,412 to €25,713
- Tangible fixed assets -€28,339
down €28,339 (-9.5%), from €297,084 to €268,745
- Other debts +€50,000
up €50,000 (+100.0%), from €50,000 to €100,000
- Gross operating margin +€13,400
up €13,400 (+13.3%), from €100,621 to €114,021
- Taxes +€3,213
up €3,213 (+23.0%), from €13,966 to €17,180
- Financial income +€2,110
new in 2025: €2,110
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 | €496,057 | €548,909 | +€52,852 | +10.7% |
| Fixed assets | 21/28 | €297,084 | €268,745 | -€28,339 | -9.5% |
| Tangible fixed assets | 22/27 | €297,084 | €268,745 | -€28,339 | -9.5% |
| Land and buildings | 22 | €297,084 | €268,745 | -€28,339 | -9.5% |
| Current assets | 29/58 | €198,973 | €280,164 | +€81,191 | +40.8% |
| Amounts receivable within one year | 40/41 | €4,130 | €207,865 | +€203,735 | +4933.1% |
| Trade receivables | 40 | €1,361 | €7,865 | +€6,504 | +477.8% |
| Other amounts receivable | 41 | €2,769 | €200,000 | +€197,231 | +7123.5% |
| Current investments | 50/53 | €149,412 | €25,713 | -€123,698 | -82.8% |
| Cash at bank and in hand | 54/58 | €43,808 | €44,949 | +€1,142 | +2.6% |
| Deferred charges and accrued income | 490/1 | €1,624 | €1,636 | +€12 | +0.8% |
| Total equity and liabilities | 10/49 | €496,057 | €548,909 | +€52,852 | +10.7% |
| Equity | 10/15 | €433,454 | €434,832 | +€1,378 | +0.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €371,954 | €373,332 | +€1,378 | +0.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,462 | €1,462 | = | 0.0% |
| Distributable reserves | 133 | €364,342 | €365,720 | +€1,378 | +0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €62,603 | €114,077 | +€51,474 | +82.2% |
| Amounts payable within one year | 42/48 | €62,603 | €114,077 | +€51,474 | +82.2% |
| Trade debts | 44 | €1,624 | €0 | -€1,624 | -100.0% |
| Suppliers | 440/4 | €1,624 | €0 | -€1,624 | -100.0% |
| Taxes, remuneration and social security | 45 | €10,979 | €14,077 | +€3,097 | +28.2% |
| Taxes | 450/3 | €10,979 | €14,077 | +€3,097 | +28.2% |
| Other amounts payable | 47/48 | €50,000 | €100,000 | +€50,000 | +100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,614 | €28,339 | -€276 | -1.0% |
| Other operating charges | 640/8 | €18,500 | €18,943 | +€442 | +2.4% |
| Gross operating margin | 9900 | €100,621 | €114,021 | +€13,400 | +13.3% |
| Operating profit (loss) | 9901 | €53,506 | €66,740 | +€13,233 | +24.7% |
| Financial income | 75/76B | - | €2,110 | +€2,110 | |
| Recurring financial income | 75 | - | €2,110 | +€2,110 | |
| Financial charges | 65/66B | €639 | €292 | -€347 | -54.3% |
| Recurring financial charges | 65 | €639 | €292 | -€347 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €52,867 | €68,558 | +€15,691 | +29.7% |
| Income taxes | 67/77 | €13,966 | €17,180 | +€3,213 | +23.0% |
| Profit (loss) for the period | 9904 | €38,900 | €51,378 | +€12,478 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,900 | €51,378 | +€12,478 | +32.1% |
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 2 October 2026 via checked.be.