VERINO: what changed
VERINO
Largest movements
- Current investments -€45,765
down €45,765 (-89.2%), from €51,281 to €5,515
- Receivables within one year +€42,964
up €42,964 (+53.1%), from €80,950 to €123,913
of which Other amounts receivable: +€71,653
- Cash -€12,694
down €12,694 (-56.3%), from €22,537 to €9,843
mainly Contributions, distributions and other (-€100,000) and Tax, wage and social debts (-€43,564)
- Tangible fixed assets -€8,681
down €8,681 (-18.3%), from €47,372 to €38,691
of which Leasing and similar rights: -€10,147
- Other debts +€71,239
up €71,239 (+234%), from €30,501 to €101,739
- Tax, wage and social debts -€43,564
down €43,564 (-98.9%), from €44,044 to €480
of which Taxes: -€32,464
- Debts after one year -€30,343
down €30,343 (-19.9%), from €152,108 to €121,766
- Profit (loss) carried forward -€21,687
down €21,687 (-15.5%), from €140,162 to €118,475
- Turnover +€325,809
new in 2025: €325,809
- Purchases and services +€198,927
new in 2025: €198,927
- Gross operating margin -€26,707
down €26,707 (-17.1%), from €155,927 to €129,221
- Financial charges -€5,038
down €5,038 (-42.2%), from €11,951 to €6,913
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,025 | €394,248 | -€22,777 | -5.5% |
| Fixed assets | 21/28 | €261,192 | €252,511 | -€8,681 | -3.3% |
| Tangible fixed assets | 22/27 | €47,372 | €38,691 | -€8,681 | -18.3% |
| Furniture and vehicles | 24 | €6,310 | €7,776 | +€1,467 | +23.2% |
| Leasing and similar rights | 25 | €41,062 | €30,915 | -€10,147 | -24.7% |
| Financial fixed assets | 28 | €213,820 | €213,820 | = | 0.0% |
| Current assets | 29/58 | €155,833 | €141,737 | -€14,096 | -9.0% |
| Amounts receivable within one year | 40/41 | €80,950 | €123,913 | +€42,964 | +53.1% |
| Trade receivables | 40 | €71,145 | €42,456 | -€28,689 | -40.3% |
| Other amounts receivable | 41 | €9,805 | €81,458 | +€71,653 | +731% |
| Current investments | 50/53 | €51,281 | €5,515 | -€45,765 | -89.2% |
| Cash at bank and in hand | 54/58 | €22,537 | €9,843 | -€12,694 | -56.3% |
| Deferred charges and accrued income | 490/1 | €1,066 | €2,466 | +€1,400 | +131% |
| Total equity and liabilities | 10/49 | €417,025 | €394,248 | -€22,777 | -5.5% |
| Equity | 10/15 | €145,162 | €123,475 | -€21,687 | -14.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,162 | €118,475 | -€21,687 | -15.5% |
| Amounts payable | 17/49 | €271,863 | €270,772 | -€1,090 | -0.4% |
| Amounts payable after more than one year | 17 | €152,108 | €121,766 | -€30,343 | -19.9% |
| Financial debts | 170/4 | €152,108 | €121,766 | -€30,343 | -19.9% |
| Amounts payable within one year | 42/48 | €119,754 | €149,007 | +€29,253 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | €29,138 | €30,343 | +€1,205 | +4.1% |
| Trade debts | 44 | €16,072 | €16,445 | +€373 | +2.3% |
| Suppliers | 440/4 | €16,072 | €16,445 | +€373 | +2.3% |
| Taxes, remuneration and social security | 45 | €44,044 | €480 | -€43,564 | -98.9% |
| Taxes | 450/3 | €32,944 | €480 | -€32,464 | -98.5% |
| Remuneration and social security | 454/9 | €11,100 | €0 | -€11,100 | -100% |
| Other amounts payable | 47/48 | €30,501 | €101,739 | +€71,239 | +234% |
| Turnover | 70 | - | €325,809 | +€325,809 | |
| Non-recurring operating income | 76A | €1,189 | €0 | -€1,189 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €198,927 | +€198,927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,203 | €12,612 | +€1,409 | +12.6% |
| Other operating charges | 640/8 | €2,485 | €4,395 | +€1,910 | +76.9% |
| Non-recurring operating charges | 66A | - | €153 | +€153 | |
| Gross operating margin | 9900 | €155,927 | €129,221 | -€26,707 | -17.1% |
| Operating profit (loss) | 9901 | €142,239 | €112,060 | -€30,179 | -21.2% |
| Financial income | 75/76B | €80 | €1,083 | +€1,002 | +1,248% |
| Recurring financial income | 75 | €80 | €1,083 | +€1,002 | +1,248% |
| Financial charges | 65/66B | €11,951 | €6,913 | -€5,038 | -42.2% |
| Recurring financial charges | 65 | €11,951 | €6,913 | -€5,038 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €130,368 | €106,230 | -€24,138 | -18.5% |
| Income taxes | 67/77 | €29,217 | €27,917 | -€1,300 | -4.4% |
| Profit (loss) for the period | 9904 | €101,151 | €78,313 | -€22,838 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €101,151 | €78,313 | -€22,838 | -22.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.