VERELST CONSULTING: 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.
VERELST CONSULTING
Largest movements
- Receivables after one year +€61,605
up €61,605 (+23.0%), from €268,281 to €329,885
- Receivables within one year +€52,182
new in 2025: €52,182
- Cash +€6,179
new in 2025: €6,179
mainly Advances received (+€46,054) and Trade debts (+€40,486)
- Advances received +€46,054
up €46,054 (+158%), from €29,101 to €75,155
- Trade debts +€40,486
up €40,486 (+178%), from €22,746 to €63,232
- Reserves +€25,756
up €25,756 (+13.6%), from €189,408 to €215,163
of which Distributable reserves: +€25,756
- Tax, wage and social debts +€17,039
up €17,039 (+156%), from €10,956 to €27,996
- Short-term financial debts -€9,370
no longer reported in 2025 (was €9,370)
- Gross operating margin +€12,187
up €12,187 (+68.5%), from €17,779 to €29,966
- Financial income +€7,028
up €7,028 (+40,789%), from €17 to €7,045
- Taxes +€5,067
up €5,067 (+117%), from €4,335 to €9,402
- Financial charges -€745
down €745 (-32.6%), from €2,284 to €1,539
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 | €268,281 | €388,246 | +€119,965 | +44.7% |
| Current assets | 29/58 | €268,281 | €388,246 | +€119,965 | +44.7% |
| Amounts receivable after more than one year | 29 | €268,281 | €329,885 | +€61,605 | +23.0% |
| Other amounts receivable | 291 | €268,281 | €329,885 | +€61,605 | +23.0% |
| Amounts receivable within one year | 40/41 | - | €52,182 | +€52,182 | |
| Trade receivables | 40 | - | €52,182 | +€52,182 | |
| Cash at bank and in hand | 54/58 | - | €6,179 | +€6,179 | |
| Total equity and liabilities | 10/49 | €268,281 | €388,246 | +€119,965 | +44.7% |
| Equity | 10/15 | €196,108 | €221,863 | +€25,756 | +13.1% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Reserves | 13 | €189,408 | €215,163 | +€25,756 | +13.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €187,408 | €213,163 | +€25,756 | +13.7% |
| Amounts payable | 17/49 | €72,173 | €166,382 | +€94,209 | +131% |
| Amounts payable within one year | 42/48 | €72,173 | €166,382 | +€94,209 | +131% |
| Financial debts | 43 | €9,370 | - | -€9,370 | |
| Credit institutions | 430/8 | €9,370 | - | -€9,370 | |
| Trade debts | 44 | €22,746 | €63,232 | +€40,486 | +178% |
| Suppliers | 440/4 | €22,746 | €63,232 | +€40,486 | +178% |
| Advances received on contracts in progress | 46 | €29,101 | €75,155 | +€46,054 | +158% |
| Taxes, remuneration and social security | 45 | €10,956 | €27,996 | +€17,039 | +156% |
| Taxes | 450/3 | €10,956 | €27,996 | +€17,039 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59 | - | -€59 | |
| Other operating charges | 640/8 | €100 | €315 | +€215 | +215% |
| Gross operating margin | 9900 | €17,779 | €29,966 | +€12,187 | +68.5% |
| Operating profit (loss) | 9901 | €17,620 | €29,652 | +€12,031 | +68.3% |
| Financial income | 75/76B | €17 | €7,045 | +€7,028 | +40,789% |
| Recurring financial income | 75 | €17 | €7,045 | +€7,028 | +40,789% |
| Financial charges | 65/66B | €2,284 | €1,539 | -€745 | -32.6% |
| Recurring financial charges | 65 | €2,284 | €1,539 | -€745 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €15,354 | €35,158 | +€19,804 | +129% |
| Income taxes | 67/77 | €4,335 | €9,402 | +€5,067 | +117% |
| Profit (loss) for the period | 9904 | €11,018 | €25,756 | +€14,737 | +134% |
| Profit (loss) for the period to be appropriated | 9905 | €11,018 | €25,756 | +€14,737 | +134% |
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 30 October 2026 via checked.be.