VERIDIC: what changed
Two fiscal 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.
VERIDIC
Largest movements
- Receivables after one year +€7,402
up €7,402 (+6.9%), from €107,192 to €114,595
- Cash -€6,329
down €6,329 (-14.3%), from €44,296 to €37,967
mainly Receivables after one year (-€7,402) and Accrued charges and deferred income (-€6,107)
- Tangible fixed assets -€5,081
down €5,081 (-14.0%), from €36,364 to €31,283
- Receivables within one year -€2,999
down €2,999 (-8.5%), from €35,153 to €32,154
of which Trade receivables: -€2,522
- Accrued charges and deferred income -€6,107
no longer reported in 2025 (was €6,107)
- Tax, wage and social debts +€3,303
up €3,303 (+19.3%), from €17,142 to €20,445
of which Remuneration and social security: +€5,951
- Gross operating margin -€5,653
down €5,653 (-38.3%), from €14,749 to €9,096
- Taxes -€1,128
down €1,128 (-67.7%), from €1,667 to €539
- Staff costs -€979
no longer reported in 2025 (was €979)
- Other operating charges +€515
up €515 (+13.5%), from €3,811 to €4,326
- Financial income -€502
down €502 (-21.2%), from €2,368 to €1,865
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.
Cash bridge derived
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 | €231,362 | €225,821 | -€5,541 | -2.4% |
| Fixed assets | 21/28 | €38,377 | €33,296 | -€5,081 | -13.2% |
| Tangible fixed assets | 22/27 | €36,364 | €31,283 | -€5,081 | -14.0% |
| Land and buildings | 22 | €36,364 | €31,283 | -€5,081 | -14.0% |
| Financial fixed assets | 28 | €2,013 | €2,013 | = | 0.0% |
| Current assets | 29/58 | €192,985 | €192,525 | -€460 | -0.2% |
| Amounts receivable after more than one year | 29 | €107,192 | €114,595 | +€7,402 | +6.9% |
| Other amounts receivable | 291 | €107,192 | €114,595 | +€7,402 | +6.9% |
| Amounts receivable within one year | 40/41 | €35,153 | €32,154 | -€2,999 | -8.5% |
| Trade receivables | 40 | €33,094 | €30,572 | -€2,522 | -7.6% |
| Other amounts receivable | 41 | €2,058 | €1,581 | -€477 | -23.2% |
| Cash at bank and in hand | 54/58 | €44,296 | €37,967 | -€6,329 | -14.3% |
| Deferred charges and accrued income | 490/1 | €6,344 | €7,809 | +€1,465 | +23.1% |
| Total equity and liabilities | 10/49 | €231,362 | €225,821 | -€5,541 | -2.4% |
| Equity | 10/15 | €188,404 | €188,386 | -€18 | 0.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €56,065 | €56,065 | = | 0.0% |
| Non-distributable reserves | 130/1 | €56,065 | €56,065 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €48,565 | €48,565 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,339 | €57,321 | -€18 | 0.0% |
| Amounts payable | 17/49 | €42,958 | €37,434 | -€5,524 | -12.9% |
| Amounts payable within one year | 42/48 | €36,851 | €37,434 | +€583 | +1.6% |
| Trade debts | 44 | €3,170 | €1,622 | -€1,548 | -48.8% |
| Suppliers | 440/4 | €3,170 | €1,622 | -€1,548 | -48.8% |
| Advances received on contracts in progress | 46 | €16,539 | €15,367 | -€1,172 | -7.1% |
| Taxes, remuneration and social security | 45 | €17,142 | €20,445 | +€3,303 | +19.3% |
| Taxes | 450/3 | €17,142 | €14,494 | -€2,648 | -15.4% |
| Remuneration and social security | 454/9 | - | €5,951 | +€5,951 | |
| Accrued charges and deferred income | 492/3 | €6,107 | - | -€6,107 | |
| Remuneration, social security and pensions | 62 | €979 | - | -€979 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,081 | €5,081 | = | 0.0% |
| Other operating charges | 640/8 | €3,811 | €4,326 | +€515 | +13.5% |
| Gross operating margin | 9900 | €14,749 | €9,096 | -€5,653 | -38.3% |
| Operating profit (loss) | 9901 | €4,877 | -€311 | -€5,188 | |
| Financial income | 75/76B | €2,368 | €1,865 | -€502 | -21.2% |
| Recurring financial income | 75 | €2,368 | €1,865 | -€502 | -21.2% |
| Financial charges | 65/66B | €1,160 | €1,033 | -€127 | -10.9% |
| Recurring financial charges | 65 | €1,160 | €1,033 | -€127 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €6,085 | €521 | -€5,564 | -91.4% |
| Income taxes | 67/77 | €1,667 | €539 | -€1,128 | -67.7% |
| Profit (loss) for the period | 9904 | €4,418 | -€18 | -€4,436 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,418 | -€18 | -€4,436 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.