VEREECKEN ENGINEERING: 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.
VEREECKEN ENGINEERING
Largest movements
- Receivables after one year -€75,673
down €75,673 (-59.3%), from €127,620 to €51,946
- Receivables within one year +€32,967
up €32,967 (+338%), from €9,747 to €42,714
of which Other amounts receivable: +€31,810
- Cash -€5,715
down €5,715 (-93.9%), from €6,087 to €372
mainly Contributions, distributions and other (-€82,266) and Other debts (-€45,452)
- Current investments +€5,400
up €5,400 (+18.3%), from €29,500 to €34,900
- Tangible fixed assets -€5,262
down €5,262 (-33.9%), from €15,518 to €10,256
of which Furniture and vehicles: -€4,201
- Other debts -€45,452
down €45,452 (-35.1%), from €129,603 to €84,151
- Profit (loss) carried forward -€27,587
down €27,587 (-97.6%), from €28,266 to €679
- Debts after one year +€20,000
up €20,000 (+100%), from €20,000 to €40,000
- Tax, wage and social debts +€6,654
up €6,654 (+99.8%), from €6,668 to €13,322
- Gross operating margin +€13,229
up €13,229 (+24.7%), from €53,461 to €66,690
- Taxes +€7,096
up €7,096 (+93.5%), from €7,586 to €14,682
- Financial income -€1,724
down €1,724 (-14.8%), from €11,677 to €9,953
- Financial charges -€1,251
down €1,251 (-52.3%), from €2,391 to €1,141
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 | €189,237 | €140,982 | -€48,254 | -25.5% |
| Fixed assets | 21/28 | €15,518 | €10,256 | -€5,262 | -33.9% |
| Tangible fixed assets | 22/27 | €15,518 | €10,256 | -€5,262 | -33.9% |
| Furniture and vehicles | 24 | €6,265 | €2,064 | -€4,201 | -67.1% |
| Other tangible fixed assets | 26 | €9,253 | €8,192 | -€1,061 | -11.5% |
| Current assets | 29/58 | €173,719 | €130,726 | -€42,992 | -24.7% |
| Amounts receivable after more than one year | 29 | €127,620 | €51,946 | -€75,673 | -59.3% |
| Other amounts receivable | 291 | €127,620 | €51,946 | -€75,673 | -59.3% |
| Amounts receivable within one year | 40/41 | €9,747 | €42,714 | +€32,967 | +338% |
| Trade receivables | 40 | €9,747 | €10,905 | +€1,157 | +11.9% |
| Other amounts receivable | 41 | - | €31,810 | +€31,810 | |
| Current investments | 50/53 | €29,500 | €34,900 | +€5,400 | +18.3% |
| Cash at bank and in hand | 54/58 | €6,087 | €372 | -€5,715 | -93.9% |
| Deferred charges and accrued income | 490/1 | €765 | €794 | +€29 | +3.7% |
| Total equity and liabilities | 10/49 | €189,237 | €140,982 | -€48,254 | -25.5% |
| Equity | 10/15 | €30,766 | €3,179 | -€27,587 | -89.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,266 | €679 | -€27,587 | -97.6% |
| Amounts payable | 17/49 | €158,470 | €137,803 | -€20,667 | -13.0% |
| Amounts payable after more than one year | 17 | €20,000 | €40,000 | +€20,000 | +100% |
| Other amounts payable | 178/9 | €20,000 | €40,000 | +€20,000 | +100% |
| Amounts payable within one year | 42/48 | €137,209 | €97,803 | -€39,406 | -28.7% |
| Trade debts | 44 | €937 | €329 | -€608 | -64.9% |
| Suppliers | 440/4 | €937 | €329 | -€608 | -64.9% |
| Taxes, remuneration and social security | 45 | €6,668 | €13,322 | +€6,654 | +99.8% |
| Taxes | 450/3 | €6,668 | €13,322 | +€6,654 | +99.8% |
| Other amounts payable | 47/48 | €129,603 | €84,151 | -€45,452 | -35.1% |
| Accrued charges and deferred income | 492/3 | €1,261 | - | -€1,261 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,262 | €5,262 | = | 0.0% |
| Other operating charges | 640/8 | €1,215 | €880 | -€336 | -27.6% |
| Gross operating margin | 9900 | €53,461 | €66,690 | +€13,229 | +24.7% |
| Operating profit (loss) | 9901 | €46,983 | €60,548 | +€13,565 | +28.9% |
| Financial income | 75/76B | €11,677 | €9,953 | -€1,724 | -14.8% |
| Recurring financial income | 75 | €11,677 | €9,953 | -€1,724 | -14.8% |
| Financial charges | 65/66B | €2,391 | €1,141 | -€1,251 | -52.3% |
| Recurring financial charges | 65 | €2,391 | €1,141 | -€1,251 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €56,269 | €69,361 | +€13,092 | +23.3% |
| Income taxes | 67/77 | €7,586 | €14,682 | +€7,096 | +93.5% |
| Profit (loss) for the period | 9904 | €48,683 | €54,679 | +€5,996 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,683 | €54,679 | +€5,996 | +12.3% |
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 14 October 2026 via checked.be.