VERELST - DNA: 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 - DNA
Largest movements
- Receivables within one year +€397,881
up €397,881 (+39.4%), from €1.0m to €1.4m
of which Other amounts receivable: +€1.0m
- Other debts +€4.2m
up €4.2m (+21,228%), from €20,000 to €4.3m
- Debts after one year -€3.4m
down €3.4m (-21.5%), from €15.7m to €12.3m
- Accrued charges and deferred income -€996,991
down €996,991 (-82.9%), from €1.2m to €205,241
- Reserves +€590,000
up €590,000 (+22.2%), from €2.7m to €3.2m
- Current portion of long-term debt -€289,667
down €289,667 (-62.3%), from €464,667 to €175,000
- Turnover +€400,000
up €400,000 (+29.9%), from €1.3m to €1.7m
- Financial charges -€237,459
down €237,459 (-40.3%), from €588,948 to €351,489
- Taxes +€155,935
new in 2024: €155,935
- Services and other goods +€119,501
up €119,501 (+18.7%), from €640,574 to €760,075
- Financial income +€111,505
up €111,505 (+1,707%), from €6,531 to €118,036
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,857,005 | €21,259,865 | +€402,860 | +1.9% |
| Fixed assets | 21/28 | €19,841,254 | €19,841,254 | = | 0.0% |
| Financial fixed assets | 28 | €19,841,254 | €19,841,254 | = | 0.0% |
| Affiliated companies | 280/1 | €19,841,254 | €19,841,254 | = | 0.0% |
| Participating interests | 280 | €19,841,254 | €19,841,254 | = | 0.0% |
| Current assets | 29/58 | €1,015,751 | €1,418,611 | +€402,860 | +39.7% |
| Amounts receivable within one year | 40/41 | €1,010,231 | €1,408,111 | +€397,881 | +39.4% |
| Trade receivables | 40 | €862,889 | €213,128 | -€649,761 | -75.3% |
| Other amounts receivable | 41 | €147,342 | €1,194,983 | +€1.0m | +711% |
| Cash at bank and in hand | 54/58 | €5,082 | €9,903 | +€4,821 | +94.9% |
| Deferred charges and accrued income | 490/1 | €438 | €597 | +€158 | +36.1% |
| Total equity and liabilities | 10/49 | €20,857,005 | €21,259,865 | +€402,860 | +1.9% |
| Equity | 10/15 | €3,435,580 | €4,025,033 | +€589,452 | +17.2% |
| Contributions | 10/11 | €783,018 | €783,018 | = | 0.0% |
| Reserves | 13 | €2,652,000 | €3,242,000 | +€590,000 | +22.2% |
| Distributable reserves | 133 | €2,652,000 | €3,242,000 | +€590,000 | +22.2% |
| Profit (loss) carried forward | 14 | €562 | €15 | -€548 | -97.4% |
| Amounts payable | 17/49 | €17,421,425 | €17,234,832 | -€186,592 | -1.1% |
| Amounts payable after more than one year | 17 | €15,655,466 | €12,286,813 | -€3.4m | -21.5% |
| Financial debts | 170/4 | €15,655,466 | €12,286,813 | -€3.4m | -21.5% |
| Subordinated loans | 170 | €11,229,712 | €7,861,059 | -€3.4m | -30.0% |
| Other loans | 174 | €4,425,754 | €4,425,754 | = | 0.0% |
| Amounts payable within one year | 42/48 | €563,726 | €4,742,778 | +€4.2m | +741% |
| Current portion of amounts payable after more than one year | 42 | €464,667 | €175,000 | -€289,667 | -62.3% |
| Trade debts | 44 | €72,981 | €36,994 | -€35,987 | -49.3% |
| Suppliers | 440/4 | €72,981 | €36,994 | -€35,987 | -49.3% |
| Taxes, remuneration and social security | 45 | €6,078 | €265,087 | +€259,009 | +4,262% |
| Taxes | 450/3 | €6,078 | €265,087 | +€259,009 | +4,262% |
| Other amounts payable | 47/48 | €20,000 | €4,265,697 | +€4.2m | +21,228% |
| Accrued charges and deferred income | 492/3 | €1,202,233 | €205,241 | -€996,991 | -82.9% |
| Operating income | 70/76A | €1,340,000 | €1,740,000 | +€400,000 | +29.9% |
| Turnover | 70 | €1,340,000 | €1,740,000 | +€400,000 | +29.9% |
| Operating charges | 60/66A | €641,793 | €761,160 | +€119,367 | +18.6% |
| Services and other goods | 61 | €640,574 | €760,075 | +€119,501 | +18.7% |
| Other operating charges | 640/8 | €1,219 | €1,086 | -€134 | -11.0% |
| Operating profit (loss) | 9901 | €698,207 | €978,840 | +€280,633 | +40.2% |
| Financial income | 75/76B | €6,531 | €118,036 | +€111,505 | +1,707% |
| Recurring financial income | 75 | €6,531 | €118,036 | +€111,505 | +1,707% |
| Income from current assets | 751 | €438 | €117,548 | +€117,110 | +26,711% |
| Other financial income | 752/9 | €6,093 | €487 | -€5,605 | -92.0% |
| Financial charges | 65/66B | €588,948 | €351,489 | -€237,459 | -40.3% |
| Recurring financial charges | 65 | €588,948 | €351,489 | -€237,459 | -40.3% |
| Debt charges | 650 | €587,537 | €350,594 | -€236,943 | -40.3% |
| Other financial charges | 652/9 | €1,411 | €895 | -€516 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €115,790 | €745,387 | +€629,596 | +544% |
| Income taxes | 67/77 | - | €155,935 | +€155,935 | |
| Taxes | 670/3 | - | €155,935 | +€155,935 | |
| Profit (loss) for the period | 9904 | €115,790 | €589,452 | +€473,662 | +409% |
| Profit (loss) for the period to be appropriated | 9905 | €115,790 | €589,452 | +€473,662 | +409% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.