VERKHO COMPANY: 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.
VERKHO COMPANY
Largest movements
- Receivables within one year +€29,963
up €29,963 (+856%), from €3,499 to €33,463
of which Other amounts receivable: +€29,963
- Tangible fixed assets -€13,170
down €13,170 (-75.4%), from €17,465 to €4,295
of which Furniture and vehicles: -€15,179
- Cash -€7,710
down €7,710 (-15.1%), from €51,013 to €43,303
mainly Trade debts (-€32,885) and Receivables within one year (-€29,963)
- Deferred charges and accrued income -€2,036
down €2,036 (-20.1%), from €10,129 to €8,094
- Reserves +€33,202
up €33,202 (+94.3%), from €35,216 to €68,418
- Trade debts -€32,885
down €32,885 (-99.9%), from €32,933 to €48
- Tax, wage and social debts +€9,746
up €9,746 (+119%), from €8,211 to €17,957
of which Taxes: +€7,416
- Other debts -€3,015
down €3,015 (-100%), from €3,015 to €0
- Depreciation -€8,148
down €8,148 (-89.2%), from €9,131 to €983
- Gross operating margin +€7,329
up €7,329 (+19.0%), from €38,510 to €45,839
- Financial charges +€2,134
up €2,134 (+185%), from €1,153 to €3,287
- Other operating charges -€2,091
down €2,091 (-92.0%), from €2,273 to €182
- Taxes +€1,174
up €1,174 (+15.9%), from €7,385 to €8,559
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 | €84,375 | €91,423 | +€7,048 | +8.4% |
| Fixed assets | 21/28 | €17,465 | €4,295 | -€13,170 | -75.4% |
| Tangible fixed assets | 22/27 | €17,465 | €4,295 | -€13,170 | -75.4% |
| Plant, machinery and equipment | 23 | - | €2,009 | +€2,009 | |
| Furniture and vehicles | 24 | €17,465 | €2,286 | -€15,179 | -86.9% |
| Current assets | 29/58 | €66,910 | €87,128 | +€20,218 | +30.2% |
| Amounts receivable within one year | 40/41 | €3,499 | €33,463 | +€29,963 | +856% |
| Trade receivables | 40 | €1,598 | €1,598 | = | 0.0% |
| Other amounts receivable | 41 | €1,901 | €31,864 | +€29,963 | +1,576% |
| Current investments | 50/53 | €2,269 | €2,269 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,013 | €43,303 | -€7,710 | -15.1% |
| Deferred charges and accrued income | 490/1 | €10,129 | €8,094 | -€2,036 | -20.1% |
| Total equity and liabilities | 10/49 | €84,375 | €91,423 | +€7,048 | +8.4% |
| Equity | 10/15 | €40,216 | €73,418 | +€33,202 | +82.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €35,216 | €68,418 | +€33,202 | +94.3% |
| Distributable reserves | 133 | €35,216 | €68,418 | +€33,202 | +94.3% |
| Amounts payable | 17/49 | €44,159 | €18,006 | -€26,154 | -59.2% |
| Amounts payable within one year | 42/48 | €44,159 | €18,006 | -€26,154 | -59.2% |
| Trade debts | 44 | €32,933 | €48 | -€32,885 | -99.9% |
| Suppliers | 440/4 | €32,933 | €48 | -€32,885 | -99.9% |
| Taxes, remuneration and social security | 45 | €8,211 | €17,957 | +€9,746 | +119% |
| Taxes | 450/3 | €8,211 | €15,627 | +€7,416 | +90.3% |
| Remuneration and social security | 454/9 | €0 | €2,330 | +€2,330 | |
| Other amounts payable | 47/48 | €3,015 | €0 | -€3,015 | -100% |
| Non-recurring operating income | 76A | - | €7,422 | +€7,422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,131 | €983 | -€8,148 | -89.2% |
| Other operating charges | 640/8 | €2,273 | €182 | -€2,091 | -92.0% |
| Gross operating margin | 9900 | €38,510 | €45,839 | +€7,329 | +19.0% |
| Operating profit (loss) | 9901 | €27,106 | €44,673 | +€17,568 | +64.8% |
| Financial income | 75/76B | €0 | €375 | +€375 | |
| Recurring financial income | 75 | €0 | €375 | +€375 | |
| Financial charges | 65/66B | €1,153 | €3,287 | +€2,134 | +185% |
| Recurring financial charges | 65 | €1,153 | €3,287 | +€2,134 | +185% |
| Profit (loss) for the period before taxes | 9903 | €25,952 | €41,761 | +€15,809 | +60.9% |
| Income taxes | 67/77 | €7,385 | €8,559 | +€1,174 | +15.9% |
| Profit (loss) for the period | 9904 | €18,567 | €33,202 | +€14,635 | +78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,567 | €33,202 | +€14,635 | +78.8% |
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 31 October 2026 via checked.be.