VEREECKE DRIES: what changed
VEREECKE DRIES
Largest movements
- Tangible fixed assets -€23,146
down €23,146 (-29.2%), from €79,204 to €56,058
of which Furniture and vehicles: -€17,036
- Cash -€14,830
down €14,830 (-42.4%), from €34,960 to €20,130
mainly Debts after one year (-€20,409) and Contributions, distributions and other (-€20,000)
- Receivables within one year -€4,565
down €4,565 (-40.6%), from €11,236 to €6,672
of which Trade receivables: -€5,349
- Debts after one year -€20,409
down €20,409 (-63.8%), from €31,988 to €11,578
- Other debts -€9,723
down €9,723 (-92.2%), from €10,543 to €820
- Current portion of long-term debt -€6,350
down €6,350 (-51.2%), from €12,402 to €6,052
- Reserves -€4,842
down €4,842 (-9.0%), from €54,086 to €49,244
- Tax, wage and social debts +€2,944
up €2,944 (+150%), from €1,963 to €4,907
of which Taxes: +€1,795
- Staff costs +€40,821
up €40,821 (+510%), from €8,001 to €48,822
- Gross operating margin +€40,625
up €40,625 (+74.9%), from €54,252 to €94,877
- Depreciation +€5,953
up €5,953 (+34.6%), from €17,193 to €23,146
- Taxes -€1,365
down €1,365 (-22.9%), from €5,963 to €4,598
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 | €130,640 | €89,615 | -€41,025 | -31.4% |
| Fixed assets | 21/28 | €79,204 | €56,058 | -€23,146 | -29.2% |
| Tangible fixed assets | 22/27 | €79,204 | €56,058 | -€23,146 | -29.2% |
| Plant, machinery and equipment | 23 | €1,411 | €976 | -€435 | -30.9% |
| Furniture and vehicles | 24 | €50,273 | €33,237 | -€17,036 | -33.9% |
| Leasing and similar rights | 25 | €27,520 | €21,845 | -€5,675 | -20.6% |
| Current assets | 29/58 | €51,436 | €33,557 | -€17,879 | -34.8% |
| Stocks and contracts in progress | 3 | €1,408 | €1,872 | +€463 | +32.9% |
| Stocks | 30/36 | €1,408 | €1,872 | +€463 | +32.9% |
| Amounts receivable within one year | 40/41 | €11,236 | €6,672 | -€4,565 | -40.6% |
| Trade receivables | 40 | €10,619 | €5,270 | -€5,349 | -50.4% |
| Other amounts receivable | 41 | €617 | €1,402 | +€785 | +127% |
| Cash at bank and in hand | 54/58 | €34,960 | €20,130 | -€14,830 | -42.4% |
| Deferred charges and accrued income | 490/1 | €3,832 | €4,884 | +€1,052 | +27.5% |
| Total equity and liabilities | 10/49 | €130,640 | €89,615 | -€41,025 | -31.4% |
| Equity | 10/15 | €68,471 | €63,630 | -€4,842 | -7.1% |
| Contributions | 10/11 | €14,385 | €14,385 | = | 0.0% |
| Reserves | 13 | €54,086 | €49,244 | -€4,842 | -9.0% |
| Distributable reserves | 133 | €54,086 | €49,244 | -€4,842 | -9.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €62,169 | €25,986 | -€36,183 | -58.2% |
| Amounts payable after more than one year | 17 | €31,988 | €11,578 | -€20,409 | -63.8% |
| Financial debts | 170/4 | €31,988 | €11,578 | -€20,409 | -63.8% |
| Amounts payable within one year | 42/48 | €30,181 | €14,407 | -€15,774 | -52.3% |
| Current portion of amounts payable after more than one year | 42 | €12,402 | €6,052 | -€6,350 | -51.2% |
| Trade debts | 44 | €5,273 | €2,628 | -€2,645 | -50.2% |
| Suppliers | 440/4 | €5,273 | €2,628 | -€2,645 | -50.2% |
| Taxes, remuneration and social security | 45 | €1,963 | €4,907 | +€2,944 | +150% |
| Taxes | 450/3 | €1,963 | €3,758 | +€1,795 | +91.4% |
| Remuneration and social security | 454/9 | - | €1,149 | +€1,149 | |
| Other amounts payable | 47/48 | €10,543 | €820 | -€9,723 | -92.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €8,001 | €48,822 | +€40,821 | +510% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,193 | €23,146 | +€5,953 | +34.6% |
| Other operating charges | 640/8 | €1,185 | €1,270 | +€85 | +7.2% |
| Gross operating margin | 9900 | €54,252 | €94,877 | +€40,625 | +74.9% |
| Operating profit (loss) | 9901 | €27,873 | €21,640 | -€6,234 | -22.4% |
| Financial income | 75/76B | €275 | €394 | +€119 | +43.3% |
| Recurring financial income | 75 | €275 | €394 | +€119 | +43.3% |
| Financial charges | 65/66B | €1,410 | €2,277 | +€866 | +61.4% |
| Recurring financial charges | 65 | €1,410 | €2,277 | +€866 | +61.4% |
| Profit (loss) for the period before taxes | 9903 | €26,738 | €19,757 | -€6,981 | -26.1% |
| Income taxes | 67/77 | €5,963 | €4,598 | -€1,365 | -22.9% |
| Profit (loss) for the period | 9904 | €20,775 | €15,159 | -€5,616 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,775 | €15,159 | -€5,616 | -27.0% |
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 2 November 2026 via checked.be.