VERKAFISK: 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.
VERKAFISK
Largest movements
- Cash +€73,919
up €73,919 (+38.8%), from €190,575 to €264,495
mainly Net result for the year (+€92,052) and Depreciation (+€26,783)
- Tangible fixed assets -€21,716
down €21,716 (-8.0%), from €272,158 to €250,442
of which Other tangible fixed assets: -€14,219
- Reserves +€36,409
up €36,409 (+8.2%), from €444,374 to €480,783
of which Distributable reserves: +€36,409
- Other debts +€6,701
up €6,701 (+13.1%), from €51,285 to €57,986
- Gross operating margin +€7,654
up €7,654 (+5.1%), from €148,730 to €156,384
- Taxes +€2,194
up €2,194 (+6.4%), from €34,424 to €36,618
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 | €550,380 | €597,054 | +€46,674 | +8.5% |
| Fixed assets | 21/28 | €272,158 | €250,442 | -€21,716 | -8.0% |
| Tangible fixed assets | 22/27 | €272,158 | €250,442 | -€21,716 | -8.0% |
| Plant, machinery and equipment | 23 | €5,979 | €4,568 | -€1,411 | -23.6% |
| Furniture and vehicles | 24 | €33,779 | €27,693 | -€6,086 | -18.0% |
| Other tangible fixed assets | 26 | €232,400 | €218,181 | -€14,219 | -6.1% |
| Current assets | 29/58 | €278,222 | €346,612 | +€68,390 | +24.6% |
| Amounts receivable within one year | 40/41 | €87,647 | €82,118 | -€5,529 | -6.3% |
| Trade receivables | 40 | €85,109 | €81,574 | -€3,535 | -4.2% |
| Other amounts receivable | 41 | €2,538 | €544 | -€1,994 | -78.6% |
| Cash at bank and in hand | 54/58 | €190,575 | €264,495 | +€73,919 | +38.8% |
| Total equity and liabilities | 10/49 | €550,380 | €597,054 | +€46,674 | +8.5% |
| Equity | 10/15 | €462,974 | €499,383 | +€36,409 | +7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €444,374 | €480,783 | +€36,409 | +8.2% |
| Tax-exempt reserves | 132 | €17,271 | €17,271 | = | 0.0% |
| Distributable reserves | 133 | €427,103 | €463,512 | +€36,409 | +8.5% |
| Amounts payable | 17/49 | €87,406 | €97,671 | +€10,265 | +11.7% |
| Amounts payable after more than one year | 17 | €11,329 | €9,262 | -€2,067 | -18.2% |
| Financial debts | 170/4 | €11,329 | €9,262 | -€2,067 | -18.2% |
| Amounts payable within one year | 42/48 | €76,077 | €82,775 | +€6,698 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €2,026 | €2,067 | +€41 | +2.0% |
| Trade debts | 44 | €1,142 | €1,893 | +€751 | +65.7% |
| Suppliers | 440/4 | €1,142 | €1,893 | +€751 | +65.7% |
| Taxes, remuneration and social security | 45 | €21,623 | €20,829 | -€794 | -3.7% |
| Taxes | 450/3 | €21,623 | €20,829 | -€794 | -3.7% |
| Other amounts payable | 47/48 | €51,285 | €57,986 | +€6,701 | +13.1% |
| Accrued charges and deferred income | 492/3 | - | €5,634 | +€5,634 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,012 | €26,783 | -€1,229 | -4.4% |
| Other operating charges | 640/8 | €3,334 | €3,446 | +€112 | +3.3% |
| Gross operating margin | 9900 | €148,730 | €156,384 | +€7,654 | +5.1% |
| Operating profit (loss) | 9901 | €117,383 | €126,155 | +€8,771 | +7.5% |
| Financial income | 75/76B | €4,371 | €3,189 | -€1,182 | -27.0% |
| Recurring financial income | 75 | €4,371 | €3,189 | -€1,182 | -27.0% |
| Financial charges | 65/66B | €819 | €674 | -€145 | -17.8% |
| Recurring financial charges | 65 | €819 | €674 | -€145 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €120,935 | €128,670 | +€7,735 | +6.4% |
| Income taxes | 67/77 | €34,424 | €36,618 | +€2,194 | +6.4% |
| Profit (loss) for the period | 9904 | €86,511 | €92,052 | +€5,541 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €86,511 | €92,052 | +€5,541 | +6.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.