VerInvest: 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.
VerInvest
Largest movements
- Current investments -€340,000
down €340,000 (-100%), from €340,000 to €0
- Cash +€240,933
up €240,933 (+1,071%), from €22,501 to €263,434
mainly Current investments (+€340,000) and Depreciation (+€38,327)
- Tangible fixed assets +€68,352
up €68,352 (+9.1%), from €750,180 to €818,531
of which Land and buildings: +€56,022
- Debts after one year -€23,313
down €23,313 (-35.9%), from €64,858 to €41,545
- Profit (loss) carried forward -€12,187
down €12,187 (-19.8%), from €61,649 to €49,462
- Gross operating margin -€190,164
down €190,164 (-83.5%), from €227,682 to €37,518
- Taxes -€23,574
down €23,574 (-100%), from €23,574 to €0
- Depreciation -€8,253
down €8,253 (-17.7%), from €46,580 to €38,327
- Financial income +€5,057
up €5,057 (+996%), from €508 to €5,565
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 | €1,130,324 | €1,098,293 | -€32,031 | -2.8% |
| Fixed assets | 21/28 | €750,180 | €818,531 | +€68,352 | +9.1% |
| Tangible fixed assets | 22/27 | €750,180 | €818,531 | +€68,352 | +9.1% |
| Land and buildings | 22 | €729,272 | €785,295 | +€56,022 | +7.7% |
| Plant, machinery and equipment | 23 | €559 | €190 | -€370 | -66.1% |
| Furniture and vehicles | 24 | €348 | €65 | -€283 | -81.3% |
| Assets under construction and advance payments | 27 | €20,000 | €32,982 | +€12,982 | +64.9% |
| Current assets | 29/58 | €380,144 | €279,762 | -€100,382 | -26.4% |
| Amounts receivable within one year | 40/41 | €15,977 | €15,024 | -€953 | -6.0% |
| Trade receivables | 40 | €14,431 | €13,355 | -€1,077 | -7.5% |
| Other amounts receivable | 41 | €1,546 | €1,669 | +€124 | +8.0% |
| Current investments | 50/53 | €340,000 | €0 | -€340,000 | -100% |
| Cash at bank and in hand | 54/58 | €22,501 | €263,434 | +€240,933 | +1,071% |
| Deferred charges and accrued income | 490/1 | €1,667 | €1,304 | -€363 | -21.8% |
| Total equity and liabilities | 10/49 | €1,130,324 | €1,098,293 | -€32,031 | -2.8% |
| Equity | 10/15 | €1,020,280 | €1,008,093 | -€12,187 | -1.2% |
| Contributions | 10/11 | €303,449 | €303,449 | = | 0.0% |
| Reserves | 13 | €655,182 | €655,182 | = | 0.0% |
| Distributable reserves | 133 | €655,182 | €655,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,649 | €49,462 | -€12,187 | -19.8% |
| Amounts payable | 17/49 | €110,043 | €90,200 | -€19,843 | -18.0% |
| Amounts payable after more than one year | 17 | €64,858 | €41,545 | -€23,313 | -35.9% |
| Financial debts | 170/4 | €64,858 | €41,545 | -€23,313 | -35.9% |
| Amounts payable within one year | 42/48 | €42,890 | €46,360 | +€3,470 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €23,008 | €23,313 | +€305 | +1.3% |
| Trade debts | 44 | €19,882 | €23,046 | +€3,165 | +15.9% |
| Suppliers | 440/4 | €19,882 | €23,046 | +€3,165 | +15.9% |
| Accrued charges and deferred income | 492/3 | €2,295 | €2,295 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,580 | €38,327 | -€8,253 | -17.7% |
| Other operating charges | 640/8 | €16,794 | €15,462 | -€1,332 | -7.9% |
| Gross operating margin | 9900 | €227,682 | €37,518 | -€190,164 | -83.5% |
| Operating profit (loss) | 9901 | €164,308 | -€16,271 | -€180,579 | |
| Financial income | 75/76B | €508 | €5,565 | +€5,057 | +996% |
| Recurring financial income | 75 | €508 | €5,565 | +€5,057 | +996% |
| Financial charges | 65/66B | €1,707 | €1,481 | -€226 | -13.3% |
| Recurring financial charges | 65 | €1,707 | €1,481 | -€226 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €163,109 | -€12,187 | -€175,296 | |
| Income taxes | 67/77 | €23,574 | €0 | -€23,574 | -100% |
| Profit (loss) for the period | 9904 | €139,535 | -€12,187 | -€151,722 | |
| Profit (loss) for the period to be appropriated | 9905 | €139,535 | -€12,187 | -€151,722 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.