VERHOEVEN JOHAN: 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 JOHAN
Largest movements
- Current investments -€10,000
down €10,000 (-11.1%), from €90,006 to €80,006
- Tangible fixed assets +€6,944
up €6,944 (+11.5%), from €60,491 to €67,436
of which Furniture and vehicles: +€10,388
- Receivables within one year -€6,117
down €6,117 (-27.1%), from €22,538 to €16,421
of which Trade receivables: -€4,848
- Intangible fixed assets -€4,499
down €4,499 (-50.0%), from €9,002 to €4,503
- Cash +€2,209
up €2,209 (+52.6%), from €4,203 to €6,412
mainly Depreciation (+€12,143) and Current investments (+€10,000)
- Other debts -€8,657
down €8,657 (-81.0%), from €10,684 to €2,027
- Tax, wage and social debts -€4,280
down €4,280 (-27.8%), from €15,376 to €11,096
of which Remuneration and social security: -€3,224
- Reserves +€3,680
up €3,680 (+2.6%), from €142,630 to €146,310
- Gross operating margin -€9,998
down €9,998 (-5.7%), from €175,146 to €165,148
- Taxes -€2,635
down €2,635 (-51.7%), from €5,100 to €2,465
- Financial charges -€2,101
down €2,101 (-77.1%), from €2,726 to €625
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 | €187,999 | €177,838 | -€10,160 | -5.4% |
| Fixed assets | 21/28 | €70,125 | €72,571 | +€2,446 | +3.5% |
| Intangible fixed assets | 21 | €9,002 | €4,503 | -€4,499 | -50.0% |
| Tangible fixed assets | 22/27 | €60,491 | €67,436 | +€6,944 | +11.5% |
| Land and buildings | 22 | €54,138 | €51,506 | -€2,631 | -4.9% |
| Plant, machinery and equipment | 23 | €3,702 | €2,890 | -€812 | -21.9% |
| Furniture and vehicles | 24 | €2,651 | €13,039 | +€10,388 | +392% |
| Financial fixed assets | 28 | €632 | €632 | = | 0.0% |
| Current assets | 29/58 | €117,873 | €105,267 | -€12,606 | -10.7% |
| Amounts receivable within one year | 40/41 | €22,538 | €16,421 | -€6,117 | -27.1% |
| Trade receivables | 40 | €17,034 | €12,186 | -€4,848 | -28.5% |
| Other amounts receivable | 41 | €5,504 | €4,235 | -€1,269 | -23.1% |
| Current investments | 50/53 | €90,006 | €80,006 | -€10,000 | -11.1% |
| Cash at bank and in hand | 54/58 | €4,203 | €6,412 | +€2,209 | +52.6% |
| Deferred charges and accrued income | 490/1 | €1,126 | €2,428 | +€1,302 | +116% |
| Total equity and liabilities | 10/49 | €187,999 | €177,838 | -€10,160 | -5.4% |
| Equity | 10/15 | €154,057 | €157,741 | +€3,684 | +2.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €142,630 | €146,310 | +€3,680 | +2.6% |
| Distributable reserves | 133 | €142,630 | €146,310 | +€3,680 | +2.6% |
| Profit (loss) carried forward | 14 | €5,227 | €5,231 | +€4 | +0.1% |
| Amounts payable | 17/49 | €33,942 | €20,097 | -€13,845 | -40.8% |
| Amounts payable within one year | 42/48 | €33,525 | €19,285 | -€14,240 | -42.5% |
| Current portion of amounts payable after more than one year | 42 | €1,544 | - | -€1,544 | |
| Trade debts | 44 | €5,921 | €6,162 | +€242 | +4.1% |
| Suppliers | 440/4 | €5,921 | €6,162 | +€242 | +4.1% |
| Taxes, remuneration and social security | 45 | €15,376 | €11,096 | -€4,280 | -27.8% |
| Taxes | 450/3 | €4,432 | €3,376 | -€1,056 | -23.8% |
| Remuneration and social security | 454/9 | €10,944 | €7,720 | -€3,224 | -29.5% |
| Other amounts payable | 47/48 | €10,684 | €2,027 | -€8,657 | -81.0% |
| Accrued charges and deferred income | 492/3 | €417 | €812 | +€395 | +94.5% |
| Remuneration, social security and pensions | 62 | €145,806 | €145,459 | -€347 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,318 | €12,143 | -€175 | -1.4% |
| Other operating charges | 640/8 | €366 | €1,335 | +€969 | +265% |
| Gross operating margin | 9900 | €175,146 | €165,148 | -€9,998 | -5.7% |
| Operating profit (loss) | 9901 | €16,656 | €6,211 | -€10,445 | -62.7% |
| Financial income | 75/76B | €293 | €563 | +€270 | +92.4% |
| Recurring financial income | 75 | €293 | €563 | +€270 | +92.4% |
| Financial charges | 65/66B | €2,726 | €625 | -€2,101 | -77.1% |
| Recurring financial charges | 65 | €2,726 | €625 | -€2,101 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €14,223 | €6,149 | -€8,074 | -56.8% |
| Income taxes | 67/77 | €5,100 | €2,465 | -€2,635 | -51.7% |
| Profit (loss) for the period | 9904 | €9,124 | €3,684 | -€5,439 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,124 | €3,684 | -€5,439 | -59.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.