VERKOYEN TECHNICS: 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.
VERKOYEN TECHNICS
Largest movements
- Receivables within one year -€54,857
down €54,857 (-37.9%), from €144,868 to €90,010
of which Trade receivables: -€72,110
- Tangible fixed assets -€19,110
down €19,110 (-22.9%), from €83,589 to €64,479
of which Plant, machinery and equipment: -€20,122
- Trade debts -€40,352
down €40,352 (-29.6%), from €136,497 to €96,145
- Other debts -€29,973
down €29,973 (-30.2%), from €99,093 to €69,120
- Debts after one year -€12,836
down €12,836 (-51.0%), from €25,155 to €12,319
- Tax, wage and social debts +€5,727
up €5,727 (+19.9%), from €28,738 to €34,465
of which Remuneration and social security: +€5,756
- Staff costs -€28,691
down €28,691 (-37.4%), from €76,648 to €47,957
- Financial charges +€4,161
up €4,161 (+112%), from €3,721 to €7,882
- Depreciation -€4,124
down €4,124 (-11.1%), from €37,234 to €33,110
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €358,726 | €281,490 | -€77,236 | -21.5% |
| Fixed assets | 21/28 | €83,913 | €64,803 | -€19,110 | -22.8% |
| Tangible fixed assets | 22/27 | €83,589 | €64,479 | -€19,110 | -22.9% |
| Plant, machinery and equipment | 23 | €51,676 | €31,554 | -€20,122 | -38.9% |
| Furniture and vehicles | 24 | €19,723 | €22,503 | +€2,779 | +14.1% |
| Other tangible fixed assets | 26 | €12,189 | €10,422 | -€1,767 | -14.5% |
| Financial fixed assets | 28 | €324 | €324 | = | 0.0% |
| Current assets | 29/58 | €274,813 | €216,687 | -€58,126 | -21.2% |
| Stocks and contracts in progress | 3 | €126,000 | €126,617 | +€617 | +0.5% |
| Stocks | 30/36 | €126,000 | €126,617 | +€617 | +0.5% |
| Amounts receivable within one year | 40/41 | €144,868 | €90,010 | -€54,857 | -37.9% |
| Trade receivables | 40 | €132,303 | €60,193 | -€72,110 | -54.5% |
| Other amounts receivable | 41 | €12,565 | €29,818 | +€17,253 | +137% |
| Cash at bank and in hand | 54/58 | €725 | €0 | -€725 | -100% |
| Deferred charges and accrued income | 490/1 | €3,221 | €60 | -€3,161 | -98.1% |
| Total equity and liabilities | 10/49 | €358,726 | €281,490 | -€77,236 | -21.5% |
| Equity | 10/15 | €54,404 | €55,939 | +€1,535 | +2.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €40,144 | €41,679 | +€1,535 | +3.8% |
| Distributable reserves | 133 | €40,144 | €41,679 | +€1,535 | +3.8% |
| Amounts payable | 17/49 | €304,322 | €225,550 | -€78,771 | -25.9% |
| Amounts payable after more than one year | 17 | €25,155 | €12,319 | -€12,836 | -51.0% |
| Financial debts | 170/4 | €25,155 | €12,319 | -€12,836 | -51.0% |
| Amounts payable within one year | 42/48 | €278,999 | €213,232 | -€65,767 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €12,235 | €12,836 | +€600 | +4.9% |
| Financial debts | 43 | €2,436 | €666 | -€1,770 | -72.7% |
| Credit institutions | 430/8 | €2,436 | €666 | -€1,770 | -72.7% |
| Trade debts | 44 | €136,497 | €96,145 | -€40,352 | -29.6% |
| Suppliers | 440/4 | €136,497 | €96,145 | -€40,352 | -29.6% |
| Taxes, remuneration and social security | 45 | €28,738 | €34,465 | +€5,727 | +19.9% |
| Taxes | 450/3 | €20,868 | €20,838 | -€29 | -0.1% |
| Remuneration and social security | 454/9 | €7,870 | €13,626 | +€5,756 | +73.1% |
| Other amounts payable | 47/48 | €99,093 | €69,120 | -€29,973 | -30.2% |
| Accrued charges and deferred income | 492/3 | €168 | - | -€168 | |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €76,648 | €47,957 | -€28,691 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,234 | €33,110 | -€4,124 | -11.1% |
| Other operating charges | 640/8 | €3,869 | €3,886 | +€17 | +0.4% |
| Non-recurring operating charges | 66A | - | €1,300 | +€1,300 | |
| Gross operating margin | 9900 | €95,906 | €95,669 | -€237 | -0.2% |
| Operating profit (loss) | 9901 | -€21,845 | €9,417 | +€31,262 | |
| Financial income | 75/76B | €366 | - | -€366 | |
| Recurring financial income | 75 | €366 | - | -€366 | |
| Financial charges | 65/66B | €3,721 | €7,882 | +€4,161 | +112% |
| Recurring financial charges | 65 | €3,721 | €7,882 | +€4,161 | +112% |
| Profit (loss) for the period before taxes | 9903 | -€25,199 | €1,535 | +€26,734 | |
| Profit (loss) for the period | 9904 | -€25,199 | €1,535 | +€26,734 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,199 | €1,535 | +€26,734 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.