VERKENN: 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.
VERKENN
Largest movements
- Cash +€33,271
up €33,271 (+26.1%), from €127,518 to €160,789
mainly Net result for the year (+€42,157) and Depreciation (+€10,703)
- Tangible fixed assets -€10,703
down €10,703 (-28.6%), from €37,477 to €26,773
- Receivables within one year -€2,559
down €2,559 (-17.4%), from €14,743 to €12,184
of which Trade receivables: -€2,559
- Reserves +€42,157
up €42,157 (+34.3%), from €122,728 to €164,885
- Tax, wage and social debts -€13,750
down €13,750 (-68.6%), from €20,048 to €6,299
of which Taxes: -€11,750
- Debts after one year -€9,807
down €9,807 (-37.7%), from €25,995 to €16,188
- Gross operating margin +€5,843
up €5,843 (+10.0%), from €58,580 to €64,423
- Taxes -€2,188
down €2,188 (-17.1%), from €12,816 to €10,628
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 | €180,768 | €200,827 | +€20,059 | +11.1% |
| Fixed assets | 21/28 | €37,477 | €26,773 | -€10,703 | -28.6% |
| Tangible fixed assets | 22/27 | €37,477 | €26,773 | -€10,703 | -28.6% |
| Furniture and vehicles | 24 | €37,477 | €26,773 | -€10,703 | -28.6% |
| Current assets | 29/58 | €143,291 | €174,054 | +€30,763 | +21.5% |
| Amounts receivable within one year | 40/41 | €14,743 | €12,184 | -€2,559 | -17.4% |
| Trade receivables | 40 | €14,743 | €12,184 | -€2,559 | -17.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €127,518 | €160,789 | +€33,271 | +26.1% |
| Deferred charges and accrued income | 490/1 | €1,030 | €1,080 | +€50 | +4.9% |
| Total equity and liabilities | 10/49 | €180,768 | €200,827 | +€20,059 | +11.1% |
| Equity | 10/15 | €125,228 | €167,385 | +€42,157 | +33.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €122,728 | €164,885 | +€42,157 | +34.3% |
| Distributable reserves | 133 | €122,728 | €164,885 | +€42,157 | +34.3% |
| Amounts payable | 17/49 | €55,539 | €33,442 | -€22,097 | -39.8% |
| Amounts payable after more than one year | 17 | €25,995 | €16,188 | -€9,807 | -37.7% |
| Financial debts | 170/4 | €25,995 | €16,188 | -€9,807 | -37.7% |
| Amounts payable within one year | 42/48 | €29,545 | €17,254 | -€12,290 | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €9,496 | €9,807 | +€311 | +3.3% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €20,048 | €6,299 | -€13,750 | -68.6% |
| Taxes | 450/3 | €18,048 | €6,299 | -€11,750 | -65.1% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | - | €1,149 | +€1,149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,703 | €10,703 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €58,580 | €64,423 | +€5,843 | +10.0% |
| Operating profit (loss) | 9901 | €47,758 | €53,599 | +€5,841 | +12.2% |
| Financial income | 75/76B | €0 | €288 | +€288 | +959,767% |
| Recurring financial income | 75 | €0 | €288 | +€288 | +959,767% |
| Financial charges | 65/66B | €1,363 | €1,102 | -€261 | -19.1% |
| Recurring financial charges | 65 | €1,363 | €1,102 | -€261 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €46,395 | €52,785 | +€6,390 | +13.8% |
| Income taxes | 67/77 | €12,816 | €10,628 | -€2,188 | -17.1% |
| Profit (loss) for the period | 9904 | €33,579 | €42,157 | +€8,577 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,579 | €42,157 | +€8,577 | +25.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.