VEREENOOGHE LDL: 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.
VEREENOOGHE LDL
Largest movements
- Receivables within one year -€108,094
down €108,094 (-25.0%), from €431,833 to €323,740
of which Trade receivables: -€59,007
- Stocks and contracts -€102,982
down €102,982 (-43.0%), from €239,296 to €136,314
- Cash -€21,311
down €21,311 (-70.7%), from €30,144 to €8,833
mainly Net result for the year (-€168,412) and Other debts (-€31,425)
- Tangible fixed assets -€15,590
down €15,590 (-85.5%), from €18,240 to €2,650
of which Land and buildings: -€14,000
- Reserves -€168,412
down €168,412 (-31.6%), from €533,618 to €365,206
of which Distributable reserves: -€168,412
- Other debts -€31,425
down €31,425 (-100%), from €31,425 to €0
- Current portion of long-term debt -€18,164
down €18,164 (-76.3%), from €23,804 to €5,640
- Trade debts -€13,995
down €13,995 (-20.6%), from €67,889 to €53,894
- Gross operating margin -€105,282
down €105,282, from €51,124 to -€54,158
- Staff costs +€17,839
up €17,839 (+24.1%), from €74,110 to €91,950
- Other operating charges +€653
up €653 (+34.4%), from €1,898 to €2,551
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 | €723,501 | €474,800 | -€248,702 | -34.4% |
| Fixed assets | 21/28 | €18,490 | €2,900 | -€15,590 | -84.3% |
| Tangible fixed assets | 22/27 | €18,240 | €2,650 | -€15,590 | -85.5% |
| Land and buildings | 22 | €14,000 | €0 | -€14,000 | -100% |
| Plant, machinery and equipment | 23 | €4,240 | €2,650 | -€1,590 | -37.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €705,011 | €471,899 | -€233,111 | -33.1% |
| Stocks and contracts in progress | 3 | €239,296 | €136,314 | -€102,982 | -43.0% |
| Stocks | 30/36 | €239,296 | €136,314 | -€102,982 | -43.0% |
| Amounts receivable within one year | 40/41 | €431,833 | €323,740 | -€108,094 | -25.0% |
| Trade receivables | 40 | €189,965 | €130,958 | -€59,007 | -31.1% |
| Other amounts receivable | 41 | €241,868 | €192,782 | -€49,086 | -20.3% |
| Cash at bank and in hand | 54/58 | €30,144 | €8,833 | -€21,311 | -70.7% |
| Deferred charges and accrued income | 490/1 | €3,737 | €3,013 | -€725 | -19.4% |
| Total equity and liabilities | 10/49 | €723,501 | €474,800 | -€248,702 | -34.4% |
| Equity | 10/15 | €553,694 | €385,281 | -€168,412 | -30.4% |
| Contributions | 10/11 | €20,075 | €20,075 | = | 0.0% |
| Reserves | 13 | €533,618 | €365,206 | -€168,412 | -31.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Other | 1319 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €531,618 | €363,206 | -€168,412 | -31.7% |
| Amounts payable | 17/49 | €169,808 | €89,518 | -€80,289 | -47.3% |
| Amounts payable after more than one year | 17 | €5,640 | €0 | -€5,640 | -100% |
| Financial debts | 170/4 | €5,640 | €0 | -€5,640 | -100% |
| Amounts payable within one year | 42/48 | €164,168 | €89,518 | -€74,649 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €23,804 | €5,640 | -€18,164 | -76.3% |
| Financial debts | 43 | €23,826 | €19,120 | -€4,706 | -19.8% |
| Credit institutions | 430/8 | €23,826 | €19,120 | -€4,706 | -19.8% |
| Trade debts | 44 | €67,889 | €53,894 | -€13,995 | -20.6% |
| Suppliers | 440/4 | €67,889 | €53,894 | -€13,995 | -20.6% |
| Taxes, remuneration and social security | 45 | €17,223 | €10,864 | -€6,359 | -36.9% |
| Taxes | 450/3 | €3,635 | €0 | -€3,635 | -100% |
| Remuneration and social security | 454/9 | €13,589 | €10,864 | -€2,725 | -20.0% |
| Other amounts payable | 47/48 | €31,425 | €0 | -€31,425 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €74,110 | €91,950 | +€17,839 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,225 | €15,590 | +€365 | +2.4% |
| Other operating charges | 640/8 | €1,898 | €2,551 | +€653 | +34.4% |
| Gross operating margin | 9900 | €51,124 | -€54,158 | -€105,282 | |
| Operating profit (loss) | 9901 | -€40,109 | -€164,249 | -€124,140 | -310% |
| Financial income | 75/76B | €1,003 | €461 | -€541 | -54.0% |
| Recurring financial income | 75 | €1,003 | €461 | -€541 | -54.0% |
| Financial charges | 65/66B | €4,194 | €4,625 | +€431 | +10.3% |
| Recurring financial charges | 65 | €4,194 | €4,625 | +€431 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | -€43,300 | -€168,412 | -€125,112 | -289% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€43,300 | -€168,412 | -€125,112 | -289% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,300 | -€168,412 | -€125,112 | -289% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.