VERHOEVEN CONSTRUCTION & CONSULTING: 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.
VERHOEVEN CONSTRUCTION & CONSULTING
Largest movements
- Cash -€72,486
down €72,486 (-49.9%), from €145,151 to €72,664
mainly Contributions, distributions and other (-€72,078) and Investment in fixed assets (net) (-€38,837)
- Tangible fixed assets +€13,142
up €13,142 (+3.2%), from €411,715 to €424,857
of which Furniture and vehicles: +€22,696
- Reserves -€27,343
down €27,343 (-12.2%), from €224,287 to €196,944
- Debts after one year -€19,128
down €19,128 (-8.0%), from €239,589 to €220,461
of which Financial debts: -€19,128
- Tax, wage and social debts -€7,831
down €7,831 (-31.9%), from €24,530 to €16,700
of which Taxes: -€7,582
- Gross operating margin +€20,755
up €20,755 (+28.4%), from €72,980 to €93,735
- Depreciation +€14,199
up €14,199 (+124%), from €11,496 to €25,695
- Other operating charges -€3,496
down €3,496 (-67.6%), from €5,169 to €1,673
- Taxes +€2,162
up €2,162 (+14.4%), from €14,989 to €17,151
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 | €571,787 | €514,196 | -€57,591 | -10.1% |
| Fixed assets | 21/28 | €411,715 | €424,857 | +€13,142 | +3.2% |
| Tangible fixed assets | 22/27 | €411,715 | €424,857 | +€13,142 | +3.2% |
| Land and buildings | 22 | €409,808 | €398,668 | -€11,140 | -2.7% |
| Plant, machinery and equipment | 23 | €1,907 | €3,494 | +€1,586 | +83.2% |
| Furniture and vehicles | 24 | - | €22,696 | +€22,696 | |
| Current assets | 29/58 | €160,071 | €89,338 | -€70,733 | -44.2% |
| Amounts receivable within one year | 40/41 | €13,818 | €14,302 | +€484 | +3.5% |
| Trade receivables | 40 | €13,818 | €14,302 | +€484 | +3.5% |
| Cash at bank and in hand | 54/58 | €145,151 | €72,664 | -€72,486 | -49.9% |
| Deferred charges and accrued income | 490/1 | €1,103 | €2,372 | +€1,269 | +115% |
| Total equity and liabilities | 10/49 | €571,787 | €514,196 | -€57,591 | -10.1% |
| Equity | 10/15 | €283,410 | €254,402 | -€29,009 | -10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €224,287 | €196,944 | -€27,343 | -12.2% |
| Distributable reserves | 133 | €224,287 | €196,944 | -€27,343 | -12.2% |
| Profit (loss) carried forward | 14 | €52,924 | €51,258 | -€1,666 | -3.1% |
| Amounts payable | 17/49 | €288,376 | €259,794 | -€28,582 | -9.9% |
| Amounts payable after more than one year | 17 | €239,589 | €220,461 | -€19,128 | -8.0% |
| Financial debts | 170/4 | €227,589 | €208,461 | -€19,128 | -8.4% |
| Other amounts payable | 178/9 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,655 | €38,313 | -€9,342 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €18,864 | €19,128 | +€264 | +1.4% |
| Trade debts | 44 | €1,316 | €676 | -€640 | -48.6% |
| Suppliers | 440/4 | €1,316 | €676 | -€640 | -48.6% |
| Taxes, remuneration and social security | 45 | €24,530 | €16,700 | -€7,831 | -31.9% |
| Taxes | 450/3 | €16,830 | €9,248 | -€7,582 | -45.1% |
| Remuneration and social security | 454/9 | €7,701 | €7,452 | -€249 | -3.2% |
| Other amounts payable | 47/48 | €2,945 | €1,810 | -€1,135 | -38.5% |
| Accrued charges and deferred income | 492/3 | €1,133 | €1,020 | -€113 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,496 | €25,695 | +€14,199 | +124% |
| Other operating charges | 640/8 | €5,169 | €1,673 | -€3,496 | -67.6% |
| Non-recurring operating charges | 66A | - | €1,484 | +€1,484 | |
| Gross operating margin | 9900 | €72,980 | €93,735 | +€20,755 | +28.4% |
| Operating profit (loss) | 9901 | €56,315 | €64,883 | +€8,568 | +15.2% |
| Financial income | 75/76B | €206 | €147 | -€60 | -28.9% |
| Recurring financial income | 75 | €206 | €147 | -€60 | -28.9% |
| Financial charges | 65/66B | €5,076 | €4,809 | -€267 | -5.3% |
| Recurring financial charges | 65 | €5,076 | €4,809 | -€267 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €51,445 | €60,220 | +€8,775 | +17.1% |
| Income taxes | 67/77 | €14,989 | €17,151 | +€2,162 | +14.4% |
| Profit (loss) for the period | 9904 | €36,456 | €43,069 | +€6,614 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,456 | €43,069 | +€6,614 | +18.1% |
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 25 October 2026 via checked.be.