VEREECKEN JAN: what changed
VEREECKEN JAN
Largest movements
- Receivables within one year +€5,205
up €5,205 (+115%), from €4,517 to €9,721
of which Other amounts receivable: +€6,713
- Cash -€3,622
down €3,622 (-5.3%), from €68,150 to €64,528
mainly Receivables within one year (-€5,205) and Contributions, distributions and other (-€3,300)
- Tangible fixed assets -€905
down €905 (-33.9%), from €2,666 to €1,761
of which Land and buildings: -€700
- Current portion of long-term debt +€2,917
new in 2025: €2,917
- Accrued charges and deferred income -€939
down €939 (-29.6%), from €3,174 to €2,235
- Gross operating margin -€4,209
down €4,209 (-37.9%), from €11,112 to €6,903
- Taxes -€1,610
down €1,610 (-47.0%), from €3,422 to €1,812
- Other operating charges +€351
up €351 (+71.7%), from €489 to €839
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 | €76,993 | €77,754 | +€761 | +1.0% |
| Fixed assets | 21/28 | €2,666 | €1,761 | -€905 | -33.9% |
| Tangible fixed assets | 22/27 | €2,666 | €1,761 | -€905 | -33.9% |
| Land and buildings | 22 | €2,357 | €1,657 | -€700 | -29.7% |
| Plant, machinery and equipment | 23 | €309 | €104 | -€205 | -66.4% |
| Current assets | 29/58 | €74,327 | €75,993 | +€1,666 | +2.2% |
| Amounts receivable within one year | 40/41 | €4,517 | €9,721 | +€5,205 | +115% |
| Trade receivables | 40 | €2,560 | €1,051 | -€1,509 | -58.9% |
| Other amounts receivable | 41 | €1,957 | €8,670 | +€6,713 | +343% |
| Cash at bank and in hand | 54/58 | €68,150 | €64,528 | -€3,622 | -5.3% |
| Deferred charges and accrued income | 490/1 | €1,660 | €1,743 | +€83 | +5.0% |
| Total equity and liabilities | 10/49 | €76,993 | €77,754 | +€761 | +1.0% |
| Equity | 10/15 | €69,718 | €68,964 | -€753 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,518 | €62,764 | -€753 | -1.2% |
| Distributable reserves | 133 | €63,518 | €62,764 | -€753 | -1.2% |
| Amounts payable | 17/49 | €7,275 | €8,790 | +€1,515 | +20.8% |
| Amounts payable within one year | 42/48 | €4,101 | €6,555 | +€2,454 | +59.8% |
| Current portion of amounts payable after more than one year | 42 | - | €2,917 | +€2,917 | |
| Trade debts | 44 | €313 | €217 | -€96 | -30.8% |
| Suppliers | 440/4 | €313 | €217 | -€96 | -30.8% |
| Taxes, remuneration and social security | 45 | €3,422 | €3,422 | = | 0.0% |
| Taxes | 450/3 | €3,422 | €3,422 | = | 0.0% |
| Other amounts payable | 47/48 | €367 | - | -€367 | |
| Accrued charges and deferred income | 492/3 | €3,174 | €2,235 | -€939 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €905 | €905 | = | 0.0% |
| Other operating charges | 640/8 | €489 | €839 | +€351 | +71.7% |
| Gross operating margin | 9900 | €11,112 | €6,903 | -€4,209 | -37.9% |
| Operating profit (loss) | 9901 | €9,718 | €5,159 | -€4,559 | -46.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €792 | €800 | +€8 | +1.0% |
| Recurring financial charges | 65 | €792 | €800 | +€8 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €8,927 | €4,359 | -€4,568 | -51.2% |
| Income taxes | 67/77 | €3,422 | €1,812 | -€1,610 | -47.0% |
| Profit (loss) for the period | 9904 | €5,505 | €2,547 | -€2,958 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,505 | €2,547 | -€2,958 | -53.7% |
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.