VERITAB: 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.
VERITAB
Largest movements
- Tangible fixed assets -€7,333
down €7,333 (-50.3%), from €14,565 to €7,232
of which Furniture and vehicles: -€7,233
- Receivables within one year +€5,031
up €5,031 (+7.9%), from €63,589 to €68,620
of which Trade receivables: +€2,542
- Cash -€1,734
down €1,734 (-53.4%), from €3,246 to €1,511
mainly Receivables within one year (-€5,031) and Tax, wage and social debts (-€3,527)
- Deferred charges and accrued income +€1,028
up €1,028 (+211%), from €487 to €1,515
- Tax, wage and social debts -€3,527
down €3,527 (-78.8%), from €4,473 to €947
- Gross operating margin -€21,445
down €21,445 (-66.6%), from €32,191 to €10,746
- Staff costs -€15,752
down €15,752 (-88.9%), from €17,728 to €1,976
- Taxes -€1,868
down €1,868 (-66.4%), from €2,815 to €947
- Depreciation -€1,446
down €1,446 (-16.5%), from €8,778 to €7,333
- Other operating charges -€423
no longer reported in 2025 (was €423)
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 | €81,887 | €78,879 | -€3,008 | -3.7% |
| Fixed assets | 21/28 | €14,565 | €7,232 | -€7,333 | -50.3% |
| Tangible fixed assets | 22/27 | €14,565 | €7,232 | -€7,333 | -50.3% |
| Plant, machinery and equipment | 23 | €100 | - | -€100 | |
| Furniture and vehicles | 24 | €14,465 | €7,232 | -€7,233 | -50.0% |
| Current assets | 29/58 | €67,321 | €71,646 | +€4,325 | +6.4% |
| Amounts receivable within one year | 40/41 | €63,589 | €68,620 | +€5,031 | +7.9% |
| Trade receivables | 40 | €59,661 | €62,203 | +€2,542 | +4.3% |
| Other amounts receivable | 41 | €3,928 | €6,417 | +€2,489 | +63.4% |
| Cash at bank and in hand | 54/58 | €3,246 | €1,511 | -€1,734 | -53.4% |
| Deferred charges and accrued income | 490/1 | €487 | €1,515 | +€1,028 | +211% |
| Total equity and liabilities | 10/49 | €81,887 | €78,879 | -€3,008 | -3.7% |
| Equity | 10/15 | €76,081 | €76,321 | +€241 | +0.3% |
| Contributions | 10/11 | €7,376 | €7,376 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,704 | €68,945 | +€241 | +0.4% |
| Amounts payable | 17/49 | €5,806 | €2,557 | -€3,249 | -56.0% |
| Amounts payable within one year | 42/48 | €5,806 | €2,557 | -€3,249 | -56.0% |
| Trade debts | 44 | €1,333 | €1,611 | +€278 | +20.9% |
| Suppliers | 440/4 | €1,333 | €1,611 | +€278 | +20.9% |
| Taxes, remuneration and social security | 45 | €4,473 | €947 | -€3,527 | -78.8% |
| Taxes | 450/3 | €4,473 | €947 | -€3,527 | -78.8% |
| Remuneration, social security and pensions | 62 | €17,728 | €1,976 | -€15,752 | -88.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,778 | €7,333 | -€1,446 | -16.5% |
| Other operating charges | 640/8 | €423 | - | -€423 | |
| Gross operating margin | 9900 | €32,191 | €10,746 | -€21,445 | -66.6% |
| Operating profit (loss) | 9901 | €5,262 | €1,437 | -€3,825 | -72.7% |
| Financial income | 75/76B | €1 | €6 | +€5 | +605% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +605% |
| Financial charges | 65/66B | €512 | €255 | -€257 | -50.1% |
| Recurring financial charges | 65 | €512 | €255 | -€257 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €4,751 | €1,187 | -€3,563 | -75.0% |
| Income taxes | 67/77 | €2,815 | €947 | -€1,868 | -66.4% |
| Profit (loss) for the period | 9904 | €1,936 | €241 | -€1,695 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,936 | €241 | -€1,695 | -87.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.