VerKonsult: what changed
VerKonsult
Largest movements
- Cash +€89,394
up €89,394 (+29.9%), from €299,122 to €388,516
mainly Net result for the year (+€107,581) and Depreciation (+€15,886)
- Receivables within one year +€19,074
up €19,074 (+77.7%), from €24,549 to €43,623
of which Other amounts receivable: +€18,244
- Tangible fixed assets -€15,886
down €15,886 (-36.9%), from €43,050 to €27,164
of which Leasing and similar rights: -€15,186
- Reserves +€107,545
up €107,545 (+26.7%), from €402,573 to €510,118
- Debts after one year -€16,191
down €16,191 (-57.8%), from €28,019 to €11,828
- Gross operating margin -€13,325
down €13,325 (-7.3%), from €183,210 to €169,885
- Financial income -€3,094
down €3,094 (-37.9%), from €8,155 to €5,061
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €468,685 | €560,285 | +€91,600 | +19.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €43,050 | €27,164 | -€15,886 | -36.9% |
| Tangible fixed assets | 22/27 | €43,050 | €27,164 | -€15,886 | -36.9% |
| Land and buildings | 22 | €3,484 | €2,784 | -€700 | -20.1% |
| Leasing and similar rights | 25 | €39,566 | €24,380 | -€15,186 | -38.4% |
| Current assets | 29/58 | €425,635 | €533,121 | +€107,486 | +25.3% |
| Amounts receivable within one year | 40/41 | €24,549 | €43,623 | +€19,074 | +77.7% |
| Trade receivables | 40 | €23,824 | €24,654 | +€830 | +3.5% |
| Other amounts receivable | 41 | €725 | €18,969 | +€18,244 | +2,516% |
| Current investments | 50/53 | €99,133 | €99,133 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €299,122 | €388,516 | +€89,394 | +29.9% |
| Deferred charges and accrued income | 490/1 | €2,831 | €1,850 | -€982 | -34.7% |
| Total equity and liabilities | 10/49 | €468,685 | €560,285 | +€91,600 | +19.5% |
| Equity | 10/15 | €404,740 | €512,321 | +€107,581 | +26.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €402,573 | €510,118 | +€107,545 | +26.7% |
| Distributable reserves | 133 | €402,573 | €510,118 | +€107,545 | +26.7% |
| Profit (loss) carried forward | 14 | €167 | €203 | +€35 | +21.1% |
| Amounts payable | 17/49 | €63,945 | €47,964 | -€15,981 | -25.0% |
| Amounts payable after more than one year | 17 | €28,019 | €11,828 | -€16,191 | -57.8% |
| Financial debts | 170/4 | €28,019 | €11,828 | -€16,191 | -57.8% |
| Amounts payable within one year | 42/48 | €35,926 | €36,136 | +€210 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €16,191 | €16,191 | = | 0.0% |
| Trade debts | 44 | €826 | €4,806 | +€3,980 | +482% |
| Suppliers | 440/4 | €826 | €4,806 | +€3,980 | +482% |
| Taxes, remuneration and social security | 45 | €18,910 | €15,140 | -€3,770 | -19.9% |
| Taxes | 450/3 | €18,910 | €15,140 | -€3,770 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,886 | €15,886 | = | 0.0% |
| Other operating charges | 640/8 | €5,194 | €4,363 | -€831 | -16.0% |
| Gross operating margin | 9900 | €183,210 | €169,885 | -€13,325 | -7.3% |
| Operating profit (loss) | 9901 | €162,130 | €149,636 | -€12,494 | -7.7% |
| Financial income | 75/76B | €8,155 | €5,061 | -€3,094 | -37.9% |
| Recurring financial income | 75 | €8,155 | €5,061 | -€3,094 | -37.9% |
| Financial charges | 65/66B | €1,620 | €1,030 | -€590 | -36.4% |
| Recurring financial charges | 65 | €1,620 | €1,030 | -€590 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €168,665 | €153,667 | -€14,998 | -8.9% |
| Income taxes | 67/77 | €46,760 | €46,086 | -€675 | -1.4% |
| Profit (loss) for the period | 9904 | €121,904 | €107,581 | -€14,324 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €121,904 | €107,581 | -€14,324 | -11.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.