VERIHU: 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.
VERIHU
Largest movements
- Cash +€21,199
up €21,199 (+41.1%), from €51,606 to €72,805
mainly Net result for the year (+€11,335) and Receivables within one year (+€6,821)
- Receivables within one year -€6,821
no longer reported in 2025 (was €6,821)
- Tangible fixed assets -€6,294
down €6,294 (-47.2%), from €13,348 to €7,053
of which Furniture and vehicles: -€6,294
- Profit (loss) carried forward +€6,964
no longer reported in 2025 (was -€6,964)
- Reserves +€4,371
up €4,371 (+29.3%), from €14,922 to €19,293
- Tax, wage and social debts -€3,730
down €3,730 (-94.3%), from €3,955 to €224
- Other debts +€1,205
up €1,205 (+2.5%), from €47,884 to €49,089
- Gross operating margin +€23,349
up €23,349 (+97289.0%), from €24 to €23,373
- Taxes +€5,045
up €5,045 (+2811.4%), from €179 to €5,224
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 | €73,692 | €81,837 | +€8,145 | +11.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €13,448 | €7,153 | -€6,294 | -46.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €13,348 | €7,053 | -€6,294 | -47.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €13,348 | €7,053 | -€6,294 | -47.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €60,244 | €74,683 | +€14,439 | +24.0% |
| Amounts receivable within one year | 40/41 | €6,821 | - | -€6,821 | |
| Other amounts receivable | 41 | €6,821 | - | -€6,821 | |
| Cash at bank and in hand | 54/58 | €51,606 | €72,805 | +€21,199 | +41.1% |
| Deferred charges and accrued income | 490/1 | €1,817 | €1,879 | +€61 | +3.4% |
| Total equity and liabilities | 10/49 | €73,692 | €81,837 | +€8,145 | +11.1% |
| Equity | 10/15 | €20,358 | €31,693 | +€11,335 | +55.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,922 | €19,293 | +€4,371 | +29.3% |
| Distributable reserves | 133 | €14,922 | €19,293 | +€4,371 | +29.3% |
| Profit (loss) carried forward | 14 | -€6,964 | - | +€6,964 | |
| Amounts payable | 17/49 | €53,333 | €50,143 | -€3,190 | -6.0% |
| Amounts payable within one year | 42/48 | €53,333 | €50,143 | -€3,190 | -6.0% |
| Trade debts | 44 | €1,495 | €830 | -€665 | -44.5% |
| Suppliers | 440/4 | €1,495 | €830 | -€665 | -44.5% |
| Taxes, remuneration and social security | 45 | €3,955 | €224 | -€3,730 | -94.3% |
| Taxes | 450/3 | €3,955 | €224 | -€3,730 | -94.3% |
| Other amounts payable | 47/48 | €47,884 | €49,089 | +€1,205 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,294 | €6,294 | = | 0.0% |
| Other operating charges | 640/8 | €514 | €520 | +€6 | +1.1% |
| Gross operating margin | 9900 | €24 | €23,373 | +€23,349 | +97289.0% |
| Operating profit (loss) | 9901 | -€6,784 | €16,559 | +€23,344 | |
| Profit (loss) for the period before taxes | 9903 | -€6,784 | €16,559 | +€23,344 | |
| Income taxes | 67/77 | €179 | €5,224 | +€5,045 | +2811.4% |
| Profit (loss) for the period | 9904 | -€6,964 | €11,335 | +€18,299 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,964 | €11,335 | +€18,299 |
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 29 September 2026 via checked.be.