Vereeken: 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.
Vereeken
Largest movements
- Cash +€27,499
up €27,499 (+31.2%), from €88,222 to €115,722
mainly Receivables within one year (+€21,440) and Depreciation (+€7,709)
- Receivables within one year -€21,440
down €21,440 (-35.6%), from €60,294 to €38,853
of which Trade receivables: -€22,344
- Tangible fixed assets -€7,709
down €7,709 (-39.8%), from €19,389 to €11,679
- Trade debts -€3,605
down €3,605 (-9.0%), from €39,880 to €36,275
- Profit (loss) carried forward +€2,111
up €2,111 (+4.1%), from €51,611 to €53,722
- Other debts -€1,840
down €1,840 (-21.8%), from €8,452 to €6,612
- Gross operating margin -€15,755
down €15,755 (-70.7%), from €22,295 to €6,541
- Write-downs -€10,000
down €10,000, from €5,000 to -€5,000
- Taxes -€1,468
down €1,468 (-65.6%), from €2,236 to €768
- Depreciation +€532
up €532 (+7.4%), from €7,177 to €7,709
- Financial charges -€414
down €414 (-51.5%), from €804 to €390
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 | €170,904 | €169,253 | -€1,651 | -1.0% |
| Fixed assets | 21/28 | €19,389 | €11,679 | -€7,709 | -39.8% |
| Tangible fixed assets | 22/27 | €19,389 | €11,679 | -€7,709 | -39.8% |
| Furniture and vehicles | 24 | €19,389 | €11,679 | -€7,709 | -39.8% |
| Current assets | 29/58 | €151,515 | €157,574 | +€6,059 | +4.0% |
| Amounts receivable within one year | 40/41 | €60,294 | €38,853 | -€21,440 | -35.6% |
| Trade receivables | 40 | €55,392 | €33,049 | -€22,344 | -40.3% |
| Other amounts receivable | 41 | €4,901 | €5,804 | +€903 | +18.4% |
| Cash at bank and in hand | 54/58 | €88,222 | €115,722 | +€27,499 | +31.2% |
| Deferred charges and accrued income | 490/1 | €2,999 | €2,999 | = | 0.0% |
| Total equity and liabilities | 10/49 | €170,904 | €169,253 | -€1,651 | -1.0% |
| Equity | 10/15 | €92,780 | €94,891 | +€2,111 | +2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €22,577 | €22,577 | = | 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 | €20,718 | €20,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,611 | €53,722 | +€2,111 | +4.1% |
| Amounts payable | 17/49 | €78,124 | €74,362 | -€3,762 | -4.8% |
| Amounts payable within one year | 42/48 | €75,175 | €71,413 | -€3,762 | -5.0% |
| Financial debts | 43 | €25,490 | €25,490 | = | 0.0% |
| Credit institutions | 430/8 | €25,490 | €25,490 | = | 0.0% |
| Trade debts | 44 | €39,880 | €36,275 | -€3,605 | -9.0% |
| Suppliers | 440/4 | €39,880 | €36,275 | -€3,605 | -9.0% |
| Taxes, remuneration and social security | 45 | €1,352 | €3,036 | +€1,683 | +124% |
| Taxes | 450/3 | €1,352 | €3,036 | +€1,683 | +124% |
| Other amounts payable | 47/48 | €8,452 | €6,612 | -€1,840 | -21.8% |
| Accrued charges and deferred income | 492/3 | €2,949 | €2,949 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,177 | €7,709 | +€532 | +7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,000 | -€5,000 | -€10,000 | |
| Other operating charges | 640/8 | €624 | €562 | -€61 | -9.9% |
| Gross operating margin | 9900 | €22,295 | €6,541 | -€15,755 | -70.7% |
| Operating profit (loss) | 9901 | €9,495 | €3,269 | -€6,226 | -65.6% |
| Financial income | 75/76B | €201 | - | -€201 | |
| Recurring financial income | 75 | €201 | - | -€201 | |
| Financial charges | 65/66B | €804 | €390 | -€414 | -51.5% |
| Recurring financial charges | 65 | €804 | €390 | -€414 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €8,892 | €2,879 | -€6,012 | -67.6% |
| Income taxes | 67/77 | €2,236 | €768 | -€1,468 | -65.6% |
| Profit (loss) for the period | 9904 | €6,655 | €2,111 | -€4,545 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,655 | €2,111 | -€4,545 | -68.3% |
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 21 October 2026 via checked.be.