VERIWELL: 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.
VERIWELL
Largest movements
- Tangible fixed assets -€3,011
down €3,011 (-23.0%), from €13,066 to €10,054
of which Other tangible fixed assets: -€2,625
- Cash -€1,626
no longer reported in 2025 (was €1,626)
mainly Net result for the year (-€6,587) and Trade debts (-€3,546)
- Receivables within one year -€1,416
down €1,416 (-4.7%), from €30,257 to €28,841
of which Trade receivables: -€1,487
- Deferred charges and accrued income +€1,113
up €1,113 (+165%), from €675 to €1,788
- Profit (loss) carried forward -€6,587
down €6,587 (-16.6%), from -€39,641 to -€46,228
- Short-term financial debts +€4,436
new in 2025: €4,436
- Trade debts -€3,546
down €3,546 (-18.2%), from €19,498 to €15,952
- Tax, wage and social debts +€606
up €606 (+12.2%), from €4,965 to €5,571
- Gross operating margin +€4,853
up €4,853 (+76.3%), from -€6,361 to -€1,508
- Financial charges -€876
down €876 (-35.2%), from €2,486 to €1,611
- Depreciation -€295
down €295 (-8.5%), from €3,484 to €3,189
- Other operating charges -€134
down €134 (-39.6%), from €338 to €204
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 | €46,520 | €41,403 | -€5,117 | -11.0% |
| Formation expenses | 20 | €177 | - | -€177 | |
| Fixed assets | 21/28 | €13,786 | €10,774 | -€3,011 | -21.8% |
| Tangible fixed assets | 22/27 | €13,066 | €10,054 | -€3,011 | -23.0% |
| Plant, machinery and equipment | 23 | €284 | €38 | -€246 | -86.5% |
| Furniture and vehicles | 24 | €359 | €218 | -€141 | -39.2% |
| Other tangible fixed assets | 26 | €12,423 | €9,798 | -€2,625 | -21.1% |
| Financial fixed assets | 28 | €720 | €720 | = | 0.0% |
| Current assets | 29/58 | €32,557 | €30,629 | -€1,928 | -5.9% |
| Amounts receivable within one year | 40/41 | €30,257 | €28,841 | -€1,416 | -4.7% |
| Trade receivables | 40 | €30,257 | €28,769 | -€1,487 | -4.9% |
| Other amounts receivable | 41 | - | €71 | +€71 | |
| Cash at bank and in hand | 54/58 | €1,626 | - | -€1,626 | |
| Deferred charges and accrued income | 490/1 | €675 | €1,788 | +€1,113 | +165% |
| Total equity and liabilities | 10/49 | €46,520 | €41,403 | -€5,117 | -11.0% |
| Equity | 10/15 | -€12,141 | -€18,728 | -€6,587 | -54.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,641 | -€46,228 | -€6,587 | -16.6% |
| Amounts payable | 17/49 | €58,662 | €60,132 | +€1,470 | +2.5% |
| Amounts payable within one year | 42/48 | €58,662 | €59,958 | +€1,296 | +2.2% |
| Financial debts | 43 | - | €4,436 | +€4,436 | |
| Credit institutions | 430/8 | - | €4,436 | +€4,436 | |
| Trade debts | 44 | €19,498 | €15,952 | -€3,546 | -18.2% |
| Suppliers | 440/4 | €19,498 | €15,952 | -€3,546 | -18.2% |
| Taxes, remuneration and social security | 45 | €4,965 | €5,571 | +€606 | +12.2% |
| Taxes | 450/3 | €4,965 | €5,571 | +€606 | +12.2% |
| Other amounts payable | 47/48 | €34,199 | €33,999 | -€200 | -0.6% |
| Accrued charges and deferred income | 492/3 | - | €174 | +€174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,484 | €3,189 | -€295 | -8.5% |
| Other operating charges | 640/8 | €338 | €204 | -€134 | -39.6% |
| Gross operating margin | 9900 | -€6,361 | -€1,508 | +€4,853 | +76.3% |
| Operating profit (loss) | 9901 | -€10,183 | -€4,901 | +€5,282 | +51.9% |
| Financial charges | 65/66B | €2,486 | €1,611 | -€876 | -35.2% |
| Recurring financial charges | 65 | €2,486 | €1,611 | -€876 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,669 | -€6,511 | +€6,158 | +48.6% |
| Income taxes | 67/77 | €49 | €76 | +€27 | +56.1% |
| Profit (loss) for the period | 9904 | -€12,718 | -€6,587 | +€6,131 | +48.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,718 | -€6,587 | +€6,131 | +48.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.