Verifin: 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.
Verifin
Largest movements
- Receivables within one year -€170,707
down €170,707 (-51.8%), from €329,623 to €158,916
of which Trade receivables: -€106,622
- Tangible fixed assets +€32,400
new in 2026: €32,400
- Cash -€25,144
down €25,144 (-14.7%), from €170,548 to €145,404
mainly Other debts (-€162,827) and Investment in fixed assets (net) (-€38,438)
- Current investments +€25,000
new in 2026: €25,000
- Deferred charges and accrued income +€5,851
up €5,851, from €0 to €5,851
- Other debts -€162,827
down €162,827 (-100%), from €162,827 to €0
- Tax, wage and social debts +€29,361
new in 2026: €29,361
of which Taxes: +€26,349
- Accrued charges and deferred income -€23,974
down €23,974 (-44.2%), from €54,276 to €30,301
- Debts after one year +€19,862
new in 2026: €19,862
- Current portion of long-term debt +€7,209
new in 2026: €7,209
- Gross operating margin -€137,615
down €137,615 (-81.8%), from €168,291 to €30,675
- Staff costs +€23,960
new in 2026: €23,960
- Write-downs -€4,945
down €4,945 (-100%), from €4,945 to €0
- Depreciation +€3,188
new in 2026: €3,188
From the 30-06-2025 result to the 30-06-2026 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 30-06-2025 and 30-06-2026 balance sheets and the 30-06-2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-06-2025 | 30-06-2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €500,171 | €370,421 | -€129,750 | -25.9% |
| Fixed assets | 21/28 | - | €35,250 | +€35,250 | |
| Tangible fixed assets | 22/27 | - | €32,400 | +€32,400 | |
| Furniture and vehicles | 24 | - | €32,400 | +€32,400 | |
| Financial fixed assets | 28 | - | €2,850 | +€2,850 | |
| Current assets | 29/58 | €500,171 | €335,171 | -€165,000 | -33.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €329,623 | €158,916 | -€170,707 | -51.8% |
| Trade receivables | 40 | €265,525 | €158,903 | -€106,622 | -40.2% |
| Other amounts receivable | 41 | €64,098 | €13 | -€64,085 | -100.0% |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €170,548 | €145,404 | -€25,144 | -14.7% |
| Deferred charges and accrued income | 490/1 | €0 | €5,851 | +€5,851 | |
| Total equity and liabilities | 10/49 | €500,171 | €370,421 | -€129,750 | -25.9% |
| Equity | 10/15 | €23,730 | €24,322 | +€593 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,130 | €5,722 | +€593 | +11.6% |
| Distributable reserves | 133 | €5,130 | €5,722 | +€593 | +11.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €476,441 | €346,098 | -€130,343 | -27.4% |
| Amounts payable after more than one year | 17 | - | €19,862 | +€19,862 | |
| Financial debts | 170/4 | - | €19,862 | +€19,862 | |
| Amounts payable within one year | 42/48 | €422,165 | €295,935 | -€126,230 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,209 | +€7,209 | |
| Trade debts | 44 | €259,338 | €259,365 | +€27 | 0.0% |
| Suppliers | 440/4 | €259,338 | €259,365 | +€27 | 0.0% |
| Taxes, remuneration and social security | 45 | - | €29,361 | +€29,361 | |
| Taxes | 450/3 | - | €26,349 | +€26,349 | |
| Remuneration and social security | 454/9 | - | €3,011 | +€3,011 | |
| Other amounts payable | 47/48 | €162,827 | €0 | -€162,827 | -100% |
| Accrued charges and deferred income | 492/3 | €54,276 | €30,301 | -€23,974 | -44.2% |
| Remuneration, social security and pensions | 62 | - | €23,960 | +€23,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,188 | +€3,188 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,945 | €0 | -€4,945 | -100% |
| Other operating charges | 640/8 | €319 | €927 | +€607 | +190% |
| Gross operating margin | 9900 | €168,291 | €30,675 | -€137,615 | -81.8% |
| Operating profit (loss) | 9901 | €163,026 | €2,601 | -€160,426 | -98.4% |
| Financial income | 75/76B | €111 | €88 | -€22 | -20.3% |
| Recurring financial income | 75 | €111 | €88 | -€22 | -20.3% |
| Financial charges | 65/66B | €310 | €771 | +€462 | +149% |
| Recurring financial charges | 65 | €310 | €771 | +€462 | +149% |
| Profit (loss) for the period before taxes | 9903 | €162,827 | €1,918 | -€160,910 | -98.8% |
| Income taxes | 67/77 | €0 | €1,325 | +€1,325 | |
| Profit (loss) for the period | 9904 | €162,827 | €593 | -€162,235 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €162,827 | €593 | -€162,235 | -99.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.