Verheyen Agri Services: what changed
Verheyen Agri Services
Largest movements
- Cash +€12,623
up €12,623 (+161%), from €7,827 to €20,451
mainly Net result for the year (+€7,364) and Depreciation (+€7,228)
- Tangible fixed assets -€7,228
down €7,228 (-28.4%), from €25,444 to €18,216
of which Plant, machinery and equipment: -€4,686
- Receivables within one year -€2,494
down €2,494 (-54.6%), from €4,568 to €2,074
of which Trade receivables: -€2,771
- Deferred charges and accrued income -€1,496
no longer reported in 2025 (was €1,496)
- Reserves +€7,364
up €7,364 (+71.3%), from €10,332 to €17,697
of which Distributable reserves: +€7,364
- Debts after one year -€3,845
down €3,845 (-58.6%), from €6,560 to €2,715
- Current portion of long-term debt -€2,351
down €2,351 (-37.9%), from €6,196 to €3,845
- Other debts +€1,724
up €1,724 (+21.0%), from €8,202 to €9,926
- Trade debts -€1,687
down €1,687 (-45.9%), from €3,674 to €1,987
- Financial income -€4,875
down €4,875 (-98.7%), from €4,940 to €65
of which Non-recurring financial income: -€4,939
- Gross operating margin +€3,059
up €3,059 (+19.9%), from €15,351 to €18,411
- Taxes +€940
up €940 (+48.3%), from €1,946 to €2,886
- Financial charges -€576
down €576 (-62.9%), from €915 to €339
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 | €39,911 | €41,316 | +€1,404 | +3.5% |
| Fixed assets | 21/28 | €25,444 | €18,216 | -€7,228 | -28.4% |
| Tangible fixed assets | 22/27 | €25,444 | €18,216 | -€7,228 | -28.4% |
| Plant, machinery and equipment | 23 | €10,939 | €6,253 | -€4,686 | -42.8% |
| Furniture and vehicles | 24 | €255 | €88 | -€167 | -65.5% |
| Leasing and similar rights | 25 | €14,249 | €11,874 | -€2,375 | -16.7% |
| Current assets | 29/58 | €14,467 | €23,100 | +€8,633 | +59.7% |
| Stocks and contracts in progress | 3 | €575 | €575 | = | 0.0% |
| Stocks | 30/36 | €575 | €575 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,568 | €2,074 | -€2,494 | -54.6% |
| Trade receivables | 40 | €2,955 | €184 | -€2,771 | -93.8% |
| Other amounts receivable | 41 | €1,614 | €1,890 | +€276 | +17.1% |
| Cash at bank and in hand | 54/58 | €7,827 | €20,451 | +€12,623 | +161% |
| Deferred charges and accrued income | 490/1 | €1,496 | - | -€1,496 | |
| Total equity and liabilities | 10/49 | €39,911 | €41,316 | +€1,404 | +3.5% |
| Equity | 10/15 | €14,332 | €21,697 | +€7,364 | +51.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €10,332 | €17,697 | +€7,364 | +71.3% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,332 | €12,697 | +€7,364 | +138% |
| Amounts payable | 17/49 | €25,579 | €19,619 | -€5,960 | -23.3% |
| Amounts payable after more than one year | 17 | €6,560 | €2,715 | -€3,845 | -58.6% |
| Financial debts | 170/4 | €6,560 | €2,715 | -€3,845 | -58.6% |
| Amounts payable within one year | 42/48 | €19,019 | €16,903 | -€2,115 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €6,196 | €3,845 | -€2,351 | -37.9% |
| Trade debts | 44 | €3,674 | €1,987 | -€1,687 | -45.9% |
| Suppliers | 440/4 | €3,674 | €1,987 | -€1,687 | -45.9% |
| Taxes, remuneration and social security | 45 | €946 | €1,145 | +€199 | +21.0% |
| Taxes | 450/3 | €946 | €1,145 | +€199 | +21.0% |
| Other amounts payable | 47/48 | €8,202 | €9,926 | +€1,724 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,182 | €7,228 | +€46 | +0.6% |
| Other operating charges | 640/8 | €638 | €657 | +€19 | +3.0% |
| Gross operating margin | 9900 | €15,351 | €18,411 | +€3,059 | +19.9% |
| Operating profit (loss) | 9901 | €7,531 | €10,525 | +€2,994 | +39.8% |
| Financial income | 75/76B | €4,940 | €65 | -€4,875 | -98.7% |
| Recurring financial income | 75 | €1 | €65 | +€64 | +8,537% |
| Non-recurring financial income | 76B | €4,939 | - | -€4,939 | |
| Financial charges | 65/66B | €915 | €339 | -€576 | -62.9% |
| Recurring financial charges | 65 | €915 | €339 | -€576 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €11,556 | €10,250 | -€1,305 | -11.3% |
| Income taxes | 67/77 | €1,946 | €2,886 | +€940 | +48.3% |
| Profit (loss) for the period | 9904 | €9,609 | €7,364 | -€2,245 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,609 | €7,364 | -€2,245 | -23.4% |
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 5 November 2026 via checked.be.