VERIVET: 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.
VERIVET
Largest movements
- Tangible fixed assets +€18,515
new in 2025: €18,515
of which Leasing and similar rights: +€16,928
- Receivables within one year +€15,024
up €15,024 (+128.4%), from €11,697 to €26,721
of which Trade receivables: +€9,897
- Cash +€1,509
up €1,509 (+5.7%), from €26,445 to €27,954
mainly Net result for the year (+€18,934) and Debts after one year (+€11,576)
- Reserves +€18,934
up €18,934 (+67.4%), from €28,097 to €47,031
- Debts after one year +€11,576
new in 2025: €11,576
- Current portion of long-term debt +€3,172
new in 2025: €3,172
- Tax, wage and social debts +€814
up €814 (+16.7%), from €4,887 to €5,701
of which Taxes: +€814
- Gross operating margin -€42,524
down €42,524 (-58.2%), from €73,045 to €30,521
- Staff costs -€42,448
no longer reported in 2025 (was €42,448)
- Taxes +€5,604
up €5,604 (+199.4%), from €2,810 to €8,414
- Depreciation +€2,792
new in 2025: €2,792
- Other operating charges +€890
new in 2025: €890
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 | €38,143 | €73,190 | +€35,048 | +91.9% |
| Fixed assets | 21/28 | - | €18,515 | +€18,515 | |
| Tangible fixed assets | 22/27 | - | €18,515 | +€18,515 | |
| Furniture and vehicles | 24 | - | €1,587 | +€1,587 | |
| Leasing and similar rights | 25 | - | €16,928 | +€16,928 | |
| Current assets | 29/58 | €38,143 | €54,675 | +€16,533 | +43.3% |
| Amounts receivable within one year | 40/41 | €11,697 | €26,721 | +€15,024 | +128.4% |
| Trade receivables | 40 | €0 | €9,897 | +€9,897 | |
| Other amounts receivable | 41 | €11,697 | €16,825 | +€5,128 | +43.8% |
| Cash at bank and in hand | 54/58 | €26,445 | €27,954 | +€1,509 | +5.7% |
| Total equity and liabilities | 10/49 | €38,143 | €73,190 | +€35,048 | +91.9% |
| Equity | 10/15 | €30,097 | €49,031 | +€18,934 | +62.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €28,097 | €47,031 | +€18,934 | +67.4% |
| Distributable reserves | 133 | €28,097 | €47,031 | +€18,934 | +67.4% |
| Amounts payable | 17/49 | €8,046 | €24,159 | +€16,113 | +200.3% |
| Amounts payable after more than one year | 17 | - | €11,576 | +€11,576 | |
| Financial debts | 170/4 | - | €11,576 | +€11,576 | |
| Amounts payable within one year | 42/48 | €8,046 | €12,263 | +€4,217 | +52.4% |
| Current portion of amounts payable after more than one year | 42 | - | €3,172 | +€3,172 | |
| Trade debts | 44 | €3,159 | €3,390 | +€231 | +7.3% |
| Suppliers | 440/4 | €3,159 | €3,390 | +€231 | +7.3% |
| Taxes, remuneration and social security | 45 | €4,887 | €5,701 | +€814 | +16.7% |
| Taxes | 450/3 | €4,887 | €5,701 | +€814 | +16.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €320 | +€320 | |
| Remuneration, social security and pensions | 62 | €42,448 | - | -€42,448 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,792 | +€2,792 | |
| Other operating charges | 640/8 | - | €890 | +€890 | |
| Gross operating margin | 9900 | €73,045 | €30,521 | -€42,524 | -58.2% |
| Operating profit (loss) | 9901 | €30,598 | €26,839 | -€3,759 | -12.3% |
| Financial income | 75/76B | €309 | €864 | +€555 | +179.5% |
| Recurring financial income | 75 | €309 | €864 | +€555 | +179.5% |
| Financial charges | 65/66B | - | €355 | +€355 | |
| Recurring financial charges | 65 | - | €355 | +€355 | |
| Profit (loss) for the period before taxes | 9903 | €30,907 | €27,348 | -€3,559 | -11.5% |
| Income taxes | 67/77 | €2,810 | €8,414 | +€5,604 | +199.4% |
| Profit (loss) for the period | 9904 | €28,097 | €18,934 | -€9,163 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,097 | €18,934 | -€9,163 | -32.6% |
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 1 October 2026 via checked.be.