VERHEYDEN TECHNICS: what changed
What changed
VERHEYDEN TECHNICS
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€2,154
2024 · €7,749-€5,595
Equity
€145,590
2024 · €143,437+€2,154
Cash
€20,985
2024 · €96,543-€75,558
Balance sheet total
€307,076
2024 · €347,134-€40,058
Largest movements
Assets
- Cash -€75,558
down €75,558 (-78.3%), from €96,543 to €20,985
mainly Receivables within one year (-€41,153) and Trade debts (-€41,001)
- Receivables within one year +€41,153
up €41,153 (+21.1%), from €194,939 to €236,091
of which Trade receivables: +€44,031
- Stocks and contracts -€4,688
down €4,688 (-10.5%), from €44,688 to €40,000
Equity and liabilities
- Trade debts -€41,001
down €41,001 (-20.7%), from €198,476 to €157,475
Income statement
- Gross operating margin -€27,023
down €27,023 (-19.3%), from €139,707 to €112,684
- Staff costs -€19,994
down €19,994 (-15.7%), from €127,252 to €107,258
- Taxes -€2,229
down €2,229 (-45.7%), from €4,883 to €2,654
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.
Result 2024
€7,749
Gross operating margin
-€27,023
Staff costs
+€19,994
Other operating charges
-€17
Financial income
-€786
Financial charges
+€8
Taxes
+€2,229
Result 2025
€2,154
raises the resultlowers the result
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.
From operations
-€75,558
Investment
€0
Financing
€0
Cash 2024
€96,543
From operations (derived)
-€75,558
Net result for the year
+€2,154
Stocks and contracts
+€4,688
Receivables within one year
-€41,153
Deferred charges and accrued income
+€964
Trade debts
-€41,001
Tax, wage and social debts
-€1,210
Accrued charges and deferred income
-€0
Cash 2025
€20,985
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €347,134 | €307,076 | -€40,058 | -11.5% |
| Fixed assets | 21/28 | €10,000 | €10,000 | = | 0.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €337,134 | €297,076 | -€40,058 | -11.9% |
| Stocks and contracts in progress | 3 | €44,688 | €40,000 | -€4,688 | -10.5% |
| Stocks | 30/36 | €44,688 | €40,000 | -€4,688 | -10.5% |
| Amounts receivable within one year | 40/41 | €194,939 | €236,091 | +€41,153 | +21.1% |
| Trade receivables | 40 | €182,454 | €226,485 | +€44,031 | +24.1% |
| Other amounts receivable | 41 | €12,484 | €9,606 | -€2,878 | -23.1% |
| Cash at bank and in hand | 54/58 | €96,543 | €20,985 | -€75,558 | -78.3% |
| Deferred charges and accrued income | 490/1 | €964 | - | -€964 | |
| Total equity and liabilities | 10/49 | €347,134 | €307,076 | -€40,058 | -11.5% |
| Equity | 10/15 | €143,437 | €145,590 | +€2,154 | +1.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €63,106 | €65,260 | +€2,154 | +3.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €56,906 | €59,060 | +€2,154 | +3.8% |
| Profit (loss) carried forward | 14 | €18,331 | €18,331 | = | 0.0% |
| Amounts payable | 17/49 | €203,697 | €161,486 | -€42,211 | -20.7% |
| Amounts payable within one year | 42/48 | €203,697 | €161,486 | -€42,211 | -20.7% |
| Trade debts | 44 | €198,476 | €157,475 | -€41,001 | -20.7% |
| Suppliers | 440/4 | €198,476 | €157,475 | -€41,001 | -20.7% |
| Taxes, remuneration and social security | 45 | €5,220 | €4,011 | -€1,210 | -23.2% |
| Taxes | 450/3 | €5,076 | €2,993 | -€2,083 | -41.0% |
| Remuneration and social security | 454/9 | €145 | €1,018 | +€873 | +603% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Remuneration, social security and pensions | 62 | €127,252 | €107,258 | -€19,994 | -15.7% |
| Other operating charges | 640/8 | €590 | €607 | +€17 | +2.9% |
| Gross operating margin | 9900 | €139,707 | €112,684 | -€27,023 | -19.3% |
| Operating profit (loss) | 9901 | €11,865 | €4,819 | -€7,046 | -59.4% |
| Financial income | 75/76B | €786 | €0 | -€786 | -100.0% |
| Recurring financial income | 75 | €786 | €0 | -€786 | -100.0% |
| Financial charges | 65/66B | €19 | €11 | -€8 | -42.7% |
| Recurring financial charges | 65 | €19 | €11 | -€8 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €12,632 | €4,808 | -€7,824 | -61.9% |
| Income taxes | 67/77 | €4,883 | €2,654 | -€2,229 | -45.7% |
| Profit (loss) for the period | 9904 | €7,749 | €2,154 | -€5,595 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,749 | €2,154 | -€5,595 | -72.2% |
Next steps
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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.