Verity: 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.
What changed
Verity
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1.9m
2024 · -€507,546-€1.4m
Equity
-€1.0m
2024 · €901,111-€1.9m
Cash
€1.3m
2024 · €164,752+€1.1m
Balance sheet total
€4.5m
2024 · €2.5m+€2.0m
Largest movements
Assets
- Cash +€1.1m
up €1.1m (+664.4%), from €164,752 to €1.3m
mainly Other debts (+€3.6m) and Depreciation (+€657,448)
- Intangible fixed assets +€826,212
up €826,212 (+90.5%), from €912,467 to €1.7m
- Receivables within one year +€96,750
up €96,750 (+8.8%), from €1.1m to €1.2m
of which Trade receivables: +€149,158
Equity and liabilities
- Other debts +€3.6m
up €3.6m (+511.8%), from €704,632 to €4.3m
- Profit (loss) carried forward -€1.9m
down €1.9m (-379.6%), from -€507,546 to -€2.4m
- Trade debts +€389,446
up €389,446 (+134.7%), from €289,214 to €678,660
- Accrued charges and deferred income +€63,977
up €63,977 (+26.5%), from €241,356 to €305,333
- Current portion of long-term debt -€62,500
no longer reported in 2025 (was €62,500)
Income statement
- Purchases and services +€2.9m
up €2.9m (+132.7%), from €2.2m to €5.0m
- Gross operating margin -€1.3m
down €1.3m, from €1.3m to -€74,223
- Turnover +€611,256
up €611,256 (+21.7%), from €2.8m to €3.4m
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.
Result 2024
-€507,546
Gross operating margin
-€1.3m
Staff costs
-€25,257
Depreciation
-€4,054
Write-downs
-€6,517
Other operating charges
+€6,573
Other operating items
+€2,708
Financial income
-€26,737
Financial charges
-€33,484
Taxes
+€11,168
Result 2025
-€1.9m
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.
From operations
+€2.7m
Investment
-€1.5m
Financing
-€115,000
Cash 2024
€164,752
From operations (derived)
+€2.7m
Net result for the year
-€1.9m
Depreciation
+€657,448
Receivables after one year
-€9,525
Receivables within one year
-€96,750
Deferred charges and accrued income
+€33,626
Trade debts
+€389,446
Tax, wage and social debts
-€38,417
Other debts
+€3.6m
Accrued charges and deferred income
+€63,977
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Financing
-€115,000
Debts after one year
-€52,500
Current portion of long-term debt
-€62,500
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,519,315 | €4,499,161 | +€2.0m | +78.6% |
| Fixed assets | 21/28 | €1,036,066 | €1,848,699 | +€812,633 | +78.4% |
| Intangible fixed assets | 21 | €912,467 | €1,738,679 | +€826,212 | +90.5% |
| Tangible fixed assets | 22/27 | €113,159 | €99,580 | -€13,579 | -12.0% |
| Furniture and vehicles | 24 | €45,571 | €36,229 | -€9,342 | -20.5% |
| Other tangible fixed assets | 26 | €67,588 | €63,351 | -€4,237 | -6.3% |
| Financial fixed assets | 28 | €10,440 | €10,440 | = | 0.0% |
| Current assets | 29/58 | €1,483,249 | €2,650,462 | +€1.2m | +78.7% |
| Amounts receivable after more than one year | 29 | €129,032 | €138,557 | +€9,525 | +7.4% |
| Other amounts receivable | 291 | €129,032 | €138,557 | +€9,525 | +7.4% |
| Amounts receivable within one year | 40/41 | €1,101,444 | €1,198,194 | +€96,750 | +8.8% |
| Trade receivables | 40 | €647,429 | €796,587 | +€149,158 | +23.0% |
| Other amounts receivable | 41 | €454,015 | €401,607 | -€52,408 | -11.5% |
| Cash at bank and in hand | 54/58 | €164,752 | €1,259,316 | +€1.1m | +664.4% |
| Deferred charges and accrued income | 490/1 | €88,021 | €54,395 | -€33,626 | -38.2% |
| Total equity and liabilities | 10/49 | €2,519,315 | €4,499,161 | +€2.0m | +78.6% |
| Equity | 10/15 | €901,111 | -€1,025,383 | -€1.9m | |
| Contributions | 10/11 | €1,408,657 | €1,408,657 | = | 0.0% |
| Capital | 10 | €1,408,657 | €1,408,657 | = | 0.0% |
| Issued capital | 100 | €1,408,657 | €1,408,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€507,546 | -€2,434,040 | -€1.9m | -379.6% |
| Amounts payable | 17/49 | €1,618,204 | €5,524,544 | +€3.9m | +241.4% |
| Amounts payable after more than one year | 17 | €52,500 | - | -€52,500 | |
| Financial debts | 170/4 | €52,500 | - | -€52,500 | |
| Amounts payable within one year | 42/48 | €1,324,348 | €5,219,211 | +€3.9m | +294.1% |
| Current portion of amounts payable after more than one year | 42 | €62,500 | - | -€62,500 | |
| Trade debts | 44 | €289,214 | €678,660 | +€389,446 | +134.7% |
| Suppliers | 440/4 | €289,214 | €678,660 | +€389,446 | +134.7% |
| Taxes, remuneration and social security | 45 | €268,002 | €229,585 | -€38,417 | -14.3% |
| Taxes | 450/3 | €35,254 | €34,949 | -€305 | -0.9% |
| Remuneration and social security | 454/9 | €232,748 | €194,636 | -€38,112 | -16.4% |
| Other amounts payable | 47/48 | €704,632 | €4,310,966 | +€3.6m | +511.8% |
| Accrued charges and deferred income | 492/3 | €241,356 | €305,333 | +€63,977 | +26.5% |
| Turnover | 70 | €2,814,892 | €3,426,148 | +€611,256 | +21.7% |
| Non-recurring operating income | 76A | €2,479 | - | -€2,479 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,159,814 | €5,025,913 | +€2.9m | +132.7% |
| Remuneration, social security and pensions | 62 | €1,155,128 | €1,180,385 | +€25,257 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €653,394 | €657,448 | +€4,054 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,517 | - | +€6,517 | |
| Other operating charges | 640/8 | €6,776 | €203 | -€6,573 | -97.0% |
| Non-recurring operating charges | 66A | €2,708 | - | -€2,708 | |
| Gross operating margin | 9900 | €1,269,125 | -€74,223 | -€1.3m | |
| Operating profit (loss) | 9901 | -€542,364 | -€1,912,259 | -€1.4m | -252.6% |
| Financial income | 75/76B | €37,512 | €10,775 | -€26,737 | -71.3% |
| Recurring financial income | 75 | €37,512 | €10,775 | -€26,737 | -71.3% |
| Financial charges | 65/66B | €31,266 | €64,750 | +€33,484 | +107.1% |
| Recurring financial charges | 65 | €31,266 | €64,750 | +€33,484 | +107.1% |
| Profit (loss) for the period before taxes | 9903 | -€536,118 | -€1,966,234 | -€1.4m | -266.8% |
| Income taxes | 67/77 | -€28,572 | -€39,740 | -€11,168 | -39.1% |
| Profit (loss) for the period | 9904 | -€507,546 | -€1,926,494 | -€1.4m | -279.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€507,546 | -€1,926,494 | -€1.4m | -279.6% |
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 7 October 2026 via checked.be.