VERED INVEST: 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.
VERED INVEST
Largest movements
- Tangible fixed assets -€5,490
down €5,490 (-18.2%), from €30,189 to €24,699
- Cash -€909
down €909 (-4.9%), from €18,521 to €17,611
mainly Net result for the year (-€6,388) and Receivables within one year (-€12)
- Profit (loss) carried forward -€6,388
down €6,388 (-3.1%), from -€205,579 to -€211,967
- Gross operating margin -€760
down €760 (-43.9%), from €1,732 to €972
- Financial income -€71
down €71 (-64.3%), from €110 to €39
- Depreciation +€20
up €20 (+0.4%), from €5,470 to €5,490
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 | €48,710 | €42,322 | -€6,388 | -13.1% |
| Fixed assets | 21/28 | €30,189 | €24,699 | -€5,490 | -18.2% |
| Tangible fixed assets | 22/27 | €30,189 | €24,699 | -€5,490 | -18.2% |
| Land and buildings | 22 | €30,189 | €24,699 | -€5,490 | -18.2% |
| Current assets | 29/58 | €18,521 | €17,623 | -€898 | -4.8% |
| Amounts receivable within one year | 40/41 | - | €12 | +€12 | |
| Other amounts receivable | 41 | - | €12 | +€12 | |
| Cash at bank and in hand | 54/58 | €18,521 | €17,611 | -€909 | -4.9% |
| Total equity and liabilities | 10/49 | €48,710 | €42,322 | -€6,388 | -13.1% |
| Equity | 10/15 | €32,221 | €25,833 | -€6,388 | -19.8% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €138,643 | €138,643 | = | 0.0% |
| Tax-exempt reserves | 132 | €136,164 | €136,164 | = | 0.0% |
| Distributable reserves | 133 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,579 | -€211,967 | -€6,388 | -3.1% |
| Amounts payable | 17/49 | €16,489 | €16,489 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,489 | €16,489 | = | 0.0% |
| Trade debts | 44 | €115 | €115 | = | 0.0% |
| Suppliers | 440/4 | €115 | €115 | = | 0.0% |
| Other amounts payable | 47/48 | €16,374 | €16,374 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,470 | €5,490 | +€20 | +0.4% |
| Other operating charges | 640/8 | €1,844 | €1,849 | +€5 | +0.2% |
| Gross operating margin | 9900 | €1,732 | €972 | -€760 | -43.9% |
| Operating profit (loss) | 9901 | -€5,583 | -€6,367 | -€785 | -14.1% |
| Financial income | 75/76B | €110 | €39 | -€71 | -64.3% |
| Recurring financial income | 75 | €110 | €39 | -€71 | -64.3% |
| Financial charges | 65/66B | €45 | €60 | +€15 | +32.8% |
| Recurring financial charges | 65 | €45 | €60 | +€15 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,517 | -€6,388 | -€870 | -15.8% |
| Profit (loss) for the period | 9904 | -€5,517 | -€6,388 | -€870 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,517 | -€6,388 | -€870 | -15.8% |
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 31 October 2026 via checked.be.