Verhaert IT Services: 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.
Verhaert IT Services
Largest movements
- Deferred charges and accrued income +€14,933
up €14,933 (+1,215%), from €1,229 to €16,162
- Receivables within one year +€9,249
up €9,249 (+35.5%), from €26,087 to €35,337
of which Trade receivables: +€8,708
- Cash -€3,912
down €3,912 (-4.4%), from €88,820 to €84,907
mainly Contributions, distributions and other (-€112,500) and Deferred charges and accrued income (-€14,933)
- Tangible fixed assets +€2,306
up €2,306 (+26.8%), from €8,594 to €10,900
of which Furniture and vehicles: +€2,560
- Other debts +€87,587
up €87,587 (+1,673%), from €5,236 to €92,823
- Profit (loss) carried forward -€49,145
down €49,145 (-65.8%), from €74,712 to €25,567
- Reserves -€15,378
no longer reported in 2025 (was €15,378)
- Gross operating margin -€31,843
down €31,843 (-33.0%), from €96,600 to €64,757
- Taxes -€6,603
down €6,603 (-33.5%), from €19,696 to €13,093
- Depreciation +€1,985
up €1,985 (+92.0%), from €2,158 to €4,143
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 | €124,980 | €147,556 | +€22,576 | +18.1% |
| Fixed assets | 21/28 | €8,844 | €11,150 | +€2,306 | +26.1% |
| Tangible fixed assets | 22/27 | €8,594 | €10,900 | +€2,306 | +26.8% |
| Plant, machinery and equipment | 23 | €254 | - | -€254 | |
| Furniture and vehicles | 24 | €8,340 | €10,900 | +€2,560 | +30.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €116,136 | €136,406 | +€20,270 | +17.5% |
| Amounts receivable within one year | 40/41 | €26,087 | €35,337 | +€9,249 | +35.5% |
| Trade receivables | 40 | €19,666 | €28,375 | +€8,708 | +44.3% |
| Other amounts receivable | 41 | €6,421 | €6,962 | +€541 | +8.4% |
| Cash at bank and in hand | 54/58 | €88,820 | €84,907 | -€3,912 | -4.4% |
| Deferred charges and accrued income | 490/1 | €1,229 | €16,162 | +€14,933 | +1,215% |
| Total equity and liabilities | 10/49 | €124,980 | €147,556 | +€22,576 | +18.1% |
| Equity | 10/15 | €108,690 | €44,167 | -€64,522 | -59.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,378 | - | -€15,378 | |
| Distributable reserves | 133 | €15,378 | - | -€15,378 | |
| Profit (loss) carried forward | 14 | €74,712 | €25,567 | -€49,145 | -65.8% |
| Amounts payable | 17/49 | €16,291 | €103,389 | +€87,098 | +535% |
| Amounts payable within one year | 42/48 | €16,279 | €103,389 | +€87,110 | +535% |
| Trade debts | 44 | €2,648 | €2,957 | +€309 | +11.7% |
| Suppliers | 440/4 | €2,648 | €2,957 | +€309 | +11.7% |
| Taxes, remuneration and social security | 45 | €8,394 | €7,608 | -€785 | -9.4% |
| Taxes | 450/3 | €4,373 | €7,608 | +€3,235 | +74.0% |
| Remuneration and social security | 454/9 | €4,020 | - | -€4,020 | |
| Other amounts payable | 47/48 | €5,236 | €92,823 | +€87,587 | +1,673% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,158 | €4,143 | +€1,985 | +92.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €96,600 | €64,757 | -€31,843 | -33.0% |
| Operating profit (loss) | 9901 | €94,324 | €60,494 | -€33,830 | -35.9% |
| Financial income | 75/76B | €173 | €653 | +€480 | +278% |
| Recurring financial income | 75 | €173 | €653 | +€480 | +278% |
| Financial charges | 65/66B | €88 | €76 | -€12 | -13.6% |
| Recurring financial charges | 65 | €88 | €76 | -€12 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €94,408 | €61,071 | -€33,338 | -35.3% |
| Income taxes | 67/77 | €19,696 | €13,093 | -€6,603 | -33.5% |
| Profit (loss) for the period | 9904 | €74,712 | €47,978 | -€26,735 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €74,712 | €47,978 | -€26,735 | -35.8% |
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 31 October 2026 via checked.be.