VEREPRO: 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.
VEREPRO
Largest movements
- Tangible fixed assets -€11,424
down €11,424 (-22.3%), from €51,237 to €39,813
of which Furniture and vehicles: -€9,505
- Cash -€11,330
down €11,330 (-10.5%), from €108,188 to €96,858
mainly Other debts (-€72,760) and Contributions, distributions and other (-€45,629)
- Receivables within one year +€4,920
up €4,920 (+17.1%), from €28,736 to €33,655
of which Other amounts receivable: +€8,000
- Other debts -€72,760
down €72,760 (-64.5%), from €112,747 to €39,987
- Profit (loss) carried forward +€39,285
up €39,285 (+86.1%), from €45,629 to €84,914
- Trade debts +€13,431
up €13,431 (+680%), from €1,974 to €15,405
- Tax, wage and social debts +€2,886
up €2,886 (+32.1%), from €8,999 to €11,886
- Gross operating margin -€19,312
down €19,312 (-13.7%), from €140,706 to €121,393
- Taxes -€3,326
down €3,326 (-12.7%), from €26,199 to €22,872
- Depreciation +€2,803
up €2,803 (+28.6%), from €9,795 to €12,598
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 | €189,754 | €173,321 | -€16,433 | -8.7% |
| Fixed assets | 21/28 | €51,753 | €40,329 | -€11,424 | -22.1% |
| Tangible fixed assets | 22/27 | €51,237 | €39,813 | -€11,424 | -22.3% |
| Plant, machinery and equipment | 23 | €1,919 | €0 | -€1,919 | -100% |
| Furniture and vehicles | 24 | €49,319 | €39,813 | -€9,505 | -19.3% |
| Financial fixed assets | 28 | €516 | €516 | = | 0.0% |
| Current assets | 29/58 | €138,001 | €132,992 | -€5,009 | -3.6% |
| Amounts receivable within one year | 40/41 | €28,736 | €33,655 | +€4,920 | +17.1% |
| Trade receivables | 40 | €23,679 | €20,598 | -€3,081 | -13.0% |
| Other amounts receivable | 41 | €5,057 | €13,057 | +€8,000 | +158% |
| Cash at bank and in hand | 54/58 | €108,188 | €96,858 | -€11,330 | -10.5% |
| Deferred charges and accrued income | 490/1 | €1,077 | €2,478 | +€1,401 | +130% |
| Total equity and liabilities | 10/49 | €189,754 | €173,321 | -€16,433 | -8.7% |
| Equity | 10/15 | €66,034 | €105,319 | +€39,285 | +59.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,629 | €84,914 | +€39,285 | +86.1% |
| Amounts payable | 17/49 | €123,721 | €68,002 | -€55,718 | -45.0% |
| Amounts payable within one year | 42/48 | €123,721 | €68,002 | -€55,718 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | - | €725 | +€725 | |
| Trade debts | 44 | €1,974 | €15,405 | +€13,431 | +680% |
| Suppliers | 440/4 | €1,974 | €15,405 | +€13,431 | +680% |
| Taxes, remuneration and social security | 45 | €8,999 | €11,886 | +€2,886 | +32.1% |
| Taxes | 450/3 | €8,999 | €11,886 | +€2,886 | +32.1% |
| Other amounts payable | 47/48 | €112,747 | €39,987 | -€72,760 | -64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,795 | €12,598 | +€2,803 | +28.6% |
| Other operating charges | 640/8 | €1,113 | €990 | -€123 | -11.1% |
| Gross operating margin | 9900 | €140,706 | €121,393 | -€19,312 | -13.7% |
| Operating profit (loss) | 9901 | €129,798 | €107,806 | -€21,992 | -16.9% |
| Financial income | 75/76B | €427 | €70 | -€357 | -83.7% |
| Recurring financial income | 75 | €427 | €70 | -€357 | -83.7% |
| Financial charges | 65/66B | €278 | €89 | -€189 | -67.9% |
| Recurring financial charges | 65 | €278 | €89 | -€189 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | €129,947 | €107,786 | -€22,161 | -17.1% |
| Income taxes | 67/77 | €26,199 | €22,872 | -€3,326 | -12.7% |
| Profit (loss) for the period | 9904 | €103,748 | €84,914 | -€18,835 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €103,748 | €84,914 | -€18,835 | -18.2% |
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 20 October 2026 via checked.be.