VERDUYN EDUARD: what changed
VERDUYN EDUARD
Largest movements
- Cash +€34,079
up €34,079 (+303%), from €11,248 to €45,327
mainly Net result for the year (+€27,840) and Deferred charges and accrued income (+€3,794)
- Deferred charges and accrued income -€3,794
down €3,794 (-26.2%), from €14,481 to €10,686
- Tangible fixed assets -€2,158
down €2,158 (-2.8%), from €77,332 to €75,175
of which Land and buildings: -€1,355
- Profit (loss) carried forward +€27,840
up €27,840 (+26.3%), from -€105,761 to -€77,921
- Tax, wage and social debts -€4,196
down €4,196 (-80.4%), from €5,219 to €1,022
of which Remuneration and social security: -€4,466
- Trade debts +€3,497
up €3,497 (+67.2%), from €5,204 to €8,701
- Gross operating margin +€28,156
up €28,156 (+310%), from €9,090 to €37,246
- Financial charges -€594
down €594 (-14.9%), from €3,983 to €3,390
- Other operating charges +€441
up €441 (+12.6%), from €3,483 to €3,924
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,984 | €146,019 | +€27,035 | +22.7% |
| Fixed assets | 21/28 | €77,518 | €75,361 | -€2,158 | -2.8% |
| Tangible fixed assets | 22/27 | €77,332 | €75,175 | -€2,158 | -2.8% |
| Land and buildings | 22 | €70,699 | €69,344 | -€1,355 | -1.9% |
| Plant, machinery and equipment | 23 | €1,520 | €1,520 | = | 0.0% |
| Furniture and vehicles | 24 | €5,114 | €4,311 | -€803 | -15.7% |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €41,466 | €70,658 | +€29,193 | +70.4% |
| Amounts receivable within one year | 40/41 | €15,737 | €14,645 | -€1,092 | -6.9% |
| Trade receivables | 40 | €6,279 | €5,510 | -€770 | -12.3% |
| Other amounts receivable | 41 | €9,458 | €9,135 | -€323 | -3.4% |
| Cash at bank and in hand | 54/58 | €11,248 | €45,327 | +€34,079 | +303% |
| Deferred charges and accrued income | 490/1 | €14,481 | €10,686 | -€3,794 | -26.2% |
| Total equity and liabilities | 10/49 | €118,984 | €146,019 | +€27,035 | +22.7% |
| Equity | 10/15 | -€33,323 | -€5,483 | +€27,840 | +83.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €53,846 | €53,846 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €51,987 | €51,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,761 | -€77,921 | +€27,840 | +26.3% |
| Amounts payable | 17/49 | €152,307 | €151,502 | -€805 | -0.5% |
| Amounts payable within one year | 42/48 | €150,016 | €150,388 | +€372 | +0.2% |
| Trade debts | 44 | €5,204 | €8,701 | +€3,497 | +67.2% |
| Suppliers | 440/4 | €5,204 | €8,701 | +€3,497 | +67.2% |
| Taxes, remuneration and social security | 45 | €5,219 | €1,022 | -€4,196 | -80.4% |
| Taxes | 450/3 | €753 | €1,022 | +€269 | +35.8% |
| Remuneration and social security | 454/9 | €4,466 | €0 | -€4,466 | -100% |
| Other amounts payable | 47/48 | €139,593 | €140,664 | +€1,072 | +0.8% |
| Accrued charges and deferred income | 492/3 | €2,291 | €1,114 | -€1,178 | -51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,953 | €2,158 | +€204 | +10.5% |
| Other operating charges | 640/8 | €3,483 | €3,924 | +€441 | +12.6% |
| Gross operating margin | 9900 | €9,090 | €37,246 | +€28,156 | +310% |
| Operating profit (loss) | 9901 | €3,654 | €31,165 | +€27,511 | +753% |
| Financial income | 75/76B | €408 | €404 | -€4 | -1.1% |
| Recurring financial income | 75 | €408 | €404 | -€4 | -1.1% |
| Financial charges | 65/66B | €3,983 | €3,390 | -€594 | -14.9% |
| Recurring financial charges | 65 | €3,983 | €3,390 | -€594 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €78 | €28,179 | +€28,100 | +35,842% |
| Income taxes | 67/77 | €340 | €339 | -€1 | -0.2% |
| Profit (loss) for the period | 9904 | -€261 | €27,840 | +€28,101 | |
| Profit (loss) for the period to be appropriated | 9905 | -€261 | €27,840 | +€28,101 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.