Verheyen Bart: 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.
Verheyen Bart
Largest movements
- Cash +€7,704
up €7,704 (+65.8%), from €11,709 to €19,413
mainly Net result for the year (+€19,274) and Depreciation (+€15,965)
- Tangible fixed assets -€1,486
down €1,486 (-7.0%), from €21,266 to €19,780
of which Plant, machinery and equipment: -€10,894
- Receivables within one year -€711
down €711 (-26.9%), from €2,641 to €1,929
- Profit (loss) carried forward +€19,274
up €19,274 (+34.6%), from -€55,664 to -€36,389
- Other debts -€7,747
down €7,747 (-13.5%), from €57,490 to €49,743
- Debts after one year -€5,825
no longer reported in 2022 (was €5,825)
- Current portion of long-term debt -€427
down €427 (-6.8%), from €6,252 to €5,825
- Gross operating margin +€39,738
up €39,738 (+2899.4%), from €1,371 to €41,108
- Depreciation +€2,400
up €2,400 (+17.7%), from €13,565 to €15,965
- Other operating charges -€1,301
down €1,301 (-43.8%), from €2,970 to €1,669
From the 2021 result to the 2022 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.
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,616 | €41,122 | +€5,506 | +15.5% |
| Fixed assets | 21/28 | €21,266 | €19,780 | -€1,486 | -7.0% |
| Tangible fixed assets | 22/27 | €21,266 | €19,780 | -€1,486 | -7.0% |
| Plant, machinery and equipment | 23 | €15,924 | €5,030 | -€10,894 | -68.4% |
| Furniture and vehicles | 24 | €5,342 | €14,750 | +€9,408 | +176.1% |
| Current assets | 29/58 | €14,350 | €21,342 | +€6,992 | +48.7% |
| Amounts receivable within one year | 40/41 | €2,641 | €1,929 | -€711 | -26.9% |
| Trade receivables | 40 | €2,641 | €1,929 | -€711 | -26.9% |
| Cash at bank and in hand | 54/58 | €11,709 | €19,413 | +€7,704 | +65.8% |
| Total equity and liabilities | 10/49 | €35,616 | €41,122 | +€5,506 | +15.5% |
| Equity | 10/15 | -€35,204 | -€15,929 | +€19,274 | +54.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,664 | -€36,389 | +€19,274 | +34.6% |
| Amounts payable | 17/49 | €70,820 | €57,052 | -€13,768 | -19.4% |
| Amounts payable after more than one year | 17 | €5,825 | - | -€5,825 | |
| Financial debts | 170/4 | €5,825 | - | -€5,825 | |
| Amounts payable within one year | 42/48 | €64,995 | €57,052 | -€7,943 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €6,252 | €5,825 | -€427 | -6.8% |
| Trade debts | 44 | €1,156 | €1,305 | +€150 | +12.9% |
| Suppliers | 440/4 | €1,156 | €1,305 | +€150 | +12.9% |
| Taxes, remuneration and social security | 45 | €97 | €179 | +€81 | +83.8% |
| Taxes | 450/3 | €97 | €179 | +€81 | +83.8% |
| Other amounts payable | 47/48 | €57,490 | €49,743 | -€7,747 | -13.5% |
| Non-recurring operating income | 76A | €7,954 | €4,140 | -€3,814 | -48.0% |
| Remuneration, social security and pensions | 62 | €3,827 | €4,015 | +€189 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,565 | €15,965 | +€2,400 | +17.7% |
| Other operating charges | 640/8 | €2,970 | €1,669 | -€1,301 | -43.8% |
| Gross operating margin | 9900 | €1,371 | €41,108 | +€39,738 | +2899.4% |
| Operating profit (loss) | 9901 | -€18,992 | €19,459 | +€38,450 | |
| Financial income | 75/76B | €1 | €128 | +€127 | +14143.3% |
| Recurring financial income | 75 | €1 | €128 | +€127 | +14143.3% |
| Financial charges | 65/66B | €435 | €312 | -€123 | -28.2% |
| Recurring financial charges | 65 | €435 | €312 | -€123 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,426 | €19,274 | +€38,700 | |
| Profit (loss) for the period | 9904 | -€19,426 | €19,274 | +€38,700 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,426 | €19,274 | +€38,700 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.