Verghote Christophe: what changed
Verghote Christophe
Largest movements
- Cash -€22,897
down €22,897 (-49.7%), from €46,042 to €23,144
mainly Debts after one year (-€36,500) and Investment in fixed assets (net) (-€10,015)
- Tangible fixed assets -€9,717
down €9,717 (-8.8%), from €110,208 to €100,490
of which Land and buildings: -€10,998
- Receivables within one year -€4,978
down €4,978 (-48.4%), from €10,286 to €5,308
of which Other amounts receivable: -€5,621
- Intangible fixed assets +€1,898
new in 2025: €1,898
- Deferred charges and accrued income +€1,746
up €1,746 (+930%), from €188 to €1,934
- Debts after one year -€36,500
down €36,500 (-78.5%), from €46,500 to €10,000
- Other debts +€2,076
up €2,076 (+120%), from €1,737 to €3,813
- Gross operating margin -€8,292
down €8,292 (-20.4%), from €40,743 to €32,451
- Financial charges -€7,159
down €7,159 (-89.0%), from €8,048 to €889
- Financial income -€1,615
down €1,615 (-84.1%), from €1,920 to €305
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,723 | €132,775 | -€33,948 | -20.4% |
| Fixed assets | 21/28 | €110,208 | €102,388 | -€7,819 | -7.1% |
| Intangible fixed assets | 21 | - | €1,898 | +€1,898 | |
| Tangible fixed assets | 22/27 | €110,208 | €100,490 | -€9,717 | -8.8% |
| Land and buildings | 22 | €106,986 | €95,987 | -€10,998 | -10.3% |
| Plant, machinery and equipment | 23 | €1,956 | €4,067 | +€2,111 | +108% |
| Furniture and vehicles | 24 | €1,266 | €436 | -€830 | -65.6% |
| Current assets | 29/58 | €56,515 | €30,386 | -€26,129 | -46.2% |
| Amounts receivable within one year | 40/41 | €10,286 | €5,308 | -€4,978 | -48.4% |
| Trade receivables | 40 | €4,665 | €5,308 | +€643 | +13.8% |
| Other amounts receivable | 41 | €5,621 | - | -€5,621 | |
| Cash at bank and in hand | 54/58 | €46,042 | €23,144 | -€22,897 | -49.7% |
| Deferred charges and accrued income | 490/1 | €188 | €1,934 | +€1,746 | +930% |
| Total equity and liabilities | 10/49 | €166,723 | €132,775 | -€33,948 | -20.4% |
| Equity | 10/15 | €114,966 | €115,402 | +€436 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,366 | €96,802 | +€436 | +0.5% |
| Distributable reserves | 133 | €96,366 | €96,802 | +€436 | +0.5% |
| Amounts payable | 17/49 | €51,757 | €17,373 | -€34,384 | -66.4% |
| Amounts payable after more than one year | 17 | €46,500 | €10,000 | -€36,500 | -78.5% |
| Other amounts payable | 178/9 | €46,500 | €10,000 | -€36,500 | -78.5% |
| Amounts payable within one year | 42/48 | €5,257 | €7,373 | +€2,116 | +40.2% |
| Trade debts | 44 | €1,182 | €1,451 | +€269 | +22.8% |
| Suppliers | 440/4 | €1,182 | €1,451 | +€269 | +22.8% |
| Taxes, remuneration and social security | 45 | €2,339 | €2,109 | -€230 | -9.8% |
| Taxes | 450/3 | €2,339 | €2,109 | -€230 | -9.8% |
| Other amounts payable | 47/48 | €1,737 | €3,813 | +€2,076 | +120% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,653 | €17,834 | +€181 | +1.0% |
| Other operating charges | 640/8 | €2,664 | €2,615 | -€48 | -1.8% |
| Gross operating margin | 9900 | €40,743 | €32,451 | -€8,292 | -20.4% |
| Operating profit (loss) | 9901 | €20,427 | €12,002 | -€8,425 | -41.2% |
| Financial income | 75/76B | €1,920 | €305 | -€1,615 | -84.1% |
| Recurring financial income | 75 | €1,920 | €305 | -€1,615 | -84.1% |
| Financial charges | 65/66B | €8,048 | €889 | -€7,159 | -89.0% |
| Recurring financial charges | 65 | €8,048 | €889 | -€7,159 | -89.0% |
| Profit (loss) for the period before taxes | 9903 | €14,299 | €11,418 | -€2,881 | -20.1% |
| Income taxes | 67/77 | €3,893 | €3,982 | +€89 | +2.3% |
| Profit (loss) for the period | 9904 | €10,406 | €7,436 | -€2,970 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,406 | €7,436 | -€2,970 | -28.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.