VERITER DIMITRY: 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.
VERITER DIMITRY
Largest movements
- Cash -€35,585
down €35,585 (-15.4%), from €231,079 to €195,494
mainly Debts after one year (-€24,455) and Trade debts (-€22,971)
- Tangible fixed assets -€31,093
down €31,093 (-21.5%), from €144,294 to €113,201
of which Plant, machinery and equipment: -€20,961
- Stocks and contracts -€14,311
down €14,311 (-76.6%), from €18,685 to €4,374
- Receivables within one year -€7,134
down €7,134 (-19.0%), from €37,520 to €30,386
of which Other amounts receivable: -€5,701
- Debts after one year -€24,455
no longer reported in 2025 (was €24,455)
- Trade debts -€22,971
down €22,971 (-75.3%), from €30,496 to €7,525
- Profit (loss) carried forward -€19,870
down €19,870 (-36.3%), from €54,682 to €34,812
- Advances received -€14,499
no longer reported in 2025 (was €14,499)
- Other debts -€10,713
down €10,713 (-12.7%), from €84,481 to €73,768
- Gross operating margin -€37,996
down €37,996 (-25.2%), from €150,564 to €112,568
- Staff costs -€24,550
down €24,550 (-31.0%), from €79,111 to €54,561
- Other operating charges -€21,418
down €21,418 (-32.2%), from €66,426 to €45,008
- Depreciation -€5,380
down €5,380 (-14.0%), from €38,325 to €32,945
- Provisions +€5,000
no longer reported in 2025 (was -€5,000)
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 | €437,106 | €349,345 | -€87,761 | -20.1% |
| Fixed assets | 21/28 | €144,294 | €113,201 | -€31,093 | -21.5% |
| Tangible fixed assets | 22/27 | €144,294 | €113,201 | -€31,093 | -21.5% |
| Land and buildings | 22 | €99,690 | €89,217 | -€10,473 | -10.5% |
| Plant, machinery and equipment | 23 | €44,444 | €23,483 | -€20,961 | -47.2% |
| Furniture and vehicles | 24 | €161 | €502 | +€341 | +212.5% |
| Current assets | 29/58 | €292,812 | €236,144 | -€56,668 | -19.4% |
| Stocks and contracts in progress | 3 | €18,685 | €4,374 | -€14,311 | -76.6% |
| Stocks | 30/36 | €18,685 | €4,374 | -€14,311 | -76.6% |
| Amounts receivable within one year | 40/41 | €37,520 | €30,386 | -€7,134 | -19.0% |
| Trade receivables | 40 | €31,669 | €30,236 | -€1,433 | -4.5% |
| Other amounts receivable | 41 | €5,851 | €150 | -€5,701 | -97.4% |
| Cash at bank and in hand | 54/58 | €231,079 | €195,494 | -€35,585 | -15.4% |
| Deferred charges and accrued income | 490/1 | €5,528 | €5,890 | +€362 | +6.6% |
| Total equity and liabilities | 10/49 | €437,106 | €349,345 | -€87,761 | -20.1% |
| Equity | 10/15 | €247,960 | €228,090 | -€19,870 | -8.0% |
| Contributions | 10/11 | €96,400 | €96,400 | = | 0.0% |
| Outside capital | 11 | €96,400 | - | -€96,400 | |
| Other | 1109/19 | €96,400 | - | -€96,400 | |
| Reserves | 13 | €96,878 | €96,878 | = | 0.0% |
| Distributable reserves | 133 | €96,878 | €96,878 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,682 | €34,812 | -€19,870 | -36.3% |
| Amounts payable | 17/49 | €189,146 | €121,255 | -€67,891 | -35.9% |
| Amounts payable after more than one year | 17 | €24,455 | - | -€24,455 | |
| Financial debts | 170/4 | €24,455 | - | -€24,455 | |
| Amounts payable within one year | 42/48 | €164,691 | €121,255 | -€43,436 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €24,250 | €24,455 | +€205 | +0.8% |
| Trade debts | 44 | €30,496 | €7,525 | -€22,971 | -75.3% |
| Suppliers | 440/4 | €30,496 | €7,525 | -€22,971 | -75.3% |
| Advances received on contracts in progress | 46 | €14,499 | - | -€14,499 | |
| Taxes, remuneration and social security | 45 | €10,965 | €15,507 | +€4,542 | +41.4% |
| Taxes | 450/3 | - | €5,416 | +€5,416 | |
| Remuneration and social security | 454/9 | €10,965 | €10,091 | -€874 | -8.0% |
| Other amounts payable | 47/48 | €84,481 | €73,768 | -€10,713 | -12.7% |
| Remuneration, social security and pensions | 62 | €79,111 | €54,561 | -€24,550 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,325 | €32,945 | -€5,380 | -14.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,000 | - | +€5,000 | |
| Other operating charges | 640/8 | €66,426 | €45,008 | -€21,418 | -32.2% |
| Gross operating margin | 9900 | €150,564 | €112,568 | -€37,996 | -25.2% |
| Operating profit (loss) | 9901 | -€28,297 | -€19,945 | +€8,351 | +29.5% |
| Financial income | 75/76B | €469 | €783 | +€314 | +66.9% |
| Recurring financial income | 75 | €469 | €783 | +€314 | +66.9% |
| Financial charges | 65/66B | €827 | €483 | -€344 | -41.6% |
| Recurring financial charges | 65 | €827 | €483 | -€344 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,655 | -€19,646 | +€9,009 | +31.4% |
| Income taxes | 67/77 | - | €224 | +€224 | |
| Profit (loss) for the period | 9904 | -€28,655 | -€19,870 | +€8,785 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,655 | -€19,870 | +€8,785 | +30.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.