VERHOEVEN DUST CONTROL: 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 DUST CONTROL
Largest movements
- Cash +€125,714
up €125,714 (+396%), from €31,755 to €157,470
mainly Trade debts (+€108,041) and Short-term financial debts (+€50,000)
- Receivables within one year +€86,532
up €86,532 (+57.3%), from €151,146 to €237,677
of which Trade receivables: +€65,095
- Stocks and contracts -€19,187
down €19,187 (-44.3%), from €43,274 to €24,087
- Deferred charges and accrued income +€6,312
up €6,312 (+862%), from €732 to €7,044
- Trade debts +€108,041
up €108,041 (+134%), from €80,589 to €188,630
- Short-term financial debts +€50,000
new in 2025: €50,000
- Reserves +€22,349
up €22,349 (+17.4%), from €128,573 to €150,922
- Tax, wage and social debts +€17,878
up €17,878, from €0 to €17,878
of which Remuneration and social security: +€14,205
- Staff costs +€93,964
new in 2025: €93,964
- Gross operating margin +€61,364
up €61,364 (+86.8%), from €70,669 to €132,033
- Taxes -€9,268
down €9,268 (-53.2%), from €17,431 to €8,162
- Financial charges +€4,300
up €4,300 (+303%), from €1,420 to €5,720
- Depreciation -€1,578
down €1,578 (-48.4%), from €3,260 to €1,681
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 | €229,338 | €429,692 | +€200,354 | +87.4% |
| Fixed assets | 21/28 | €2,431 | €3,415 | +€984 | +40.5% |
| Tangible fixed assets | 22/27 | €2,431 | €3,415 | +€984 | +40.5% |
| Furniture and vehicles | 24 | €2,431 | €3,415 | +€984 | +40.5% |
| Current assets | 29/58 | €226,907 | €426,278 | +€199,371 | +87.9% |
| Stocks and contracts in progress | 3 | €43,274 | €24,087 | -€19,187 | -44.3% |
| Stocks | 30/36 | €43,274 | €24,087 | -€19,187 | -44.3% |
| Amounts receivable within one year | 40/41 | €151,146 | €237,677 | +€86,532 | +57.3% |
| Trade receivables | 40 | €127,580 | €192,675 | +€65,095 | +51.0% |
| Other amounts receivable | 41 | €23,565 | €45,002 | +€21,437 | +91.0% |
| Cash at bank and in hand | 54/58 | €31,755 | €157,470 | +€125,714 | +396% |
| Deferred charges and accrued income | 490/1 | €732 | €7,044 | +€6,312 | +862% |
| Total equity and liabilities | 10/49 | €229,338 | €429,692 | +€200,354 | +87.4% |
| Equity | 10/15 | €147,165 | €169,514 | +€22,349 | +15.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €128,573 | €150,922 | +€22,349 | +17.4% |
| Distributable reserves | 133 | €128,573 | €150,922 | +€22,349 | +17.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €82,173 | €260,178 | +€178,005 | +217% |
| Amounts payable within one year | 42/48 | €82,173 | €259,677 | +€177,504 | +216% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €80,589 | €188,630 | +€108,041 | +134% |
| Suppliers | 440/4 | €80,589 | €188,630 | +€108,041 | +134% |
| Taxes, remuneration and social security | 45 | €0 | €17,878 | +€17,878 | |
| Taxes | 450/3 | €0 | €3,673 | +€3,673 | |
| Remuneration and social security | 454/9 | - | €14,205 | +€14,205 | |
| Other amounts payable | 47/48 | €1,584 | €3,169 | +€1,586 | +100% |
| Accrued charges and deferred income | 492/3 | - | €501 | +€501 | |
| Remuneration, social security and pensions | 62 | - | €93,964 | +€93,964 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,260 | €1,681 | -€1,578 | -48.4% |
| Other operating charges | 640/8 | €528 | €624 | +€96 | +18.2% |
| Gross operating margin | 9900 | €70,669 | €132,033 | +€61,364 | +86.8% |
| Operating profit (loss) | 9901 | €66,881 | €35,764 | -€31,117 | -46.5% |
| Financial income | 75/76B | €1,649 | €467 | -€1,182 | -71.7% |
| Recurring financial income | 75 | €1,649 | €467 | -€1,182 | -71.7% |
| Financial charges | 65/66B | €1,420 | €5,720 | +€4,300 | +303% |
| Recurring financial charges | 65 | €1,420 | €5,720 | +€4,300 | +303% |
| Profit (loss) for the period before taxes | 9903 | €67,110 | €30,511 | -€36,599 | -54.5% |
| Income taxes | 67/77 | €17,431 | €8,162 | -€9,268 | -53.2% |
| Profit (loss) for the period | 9904 | €49,680 | €22,349 | -€27,331 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,680 | €22,349 | -€27,331 | -55.0% |
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 26 October 2026 via checked.be.