Verlatrans: 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.
Verlatrans
Largest movements
- Tangible fixed assets +€71,824
up €71,824 (+20.8%), from €344,575 to €416,398
- Profit (loss) carried forward +€54,137
up €54,137 (+31.0%), from €174,744 to €228,881
- Trade debts +€11,462
up €11,462 (+26.4%), from €43,386 to €54,848
- Accrued charges and deferred income +€10,638
new in 2025: €10,638
- Tax, wage and social debts -€10,164
down €10,164 (-19.5%), from €52,070 to €41,906
of which Taxes: -€8,793
- Gross operating margin -€142,888
down €142,888 (-23.3%), from €612,576 to €469,688
- Staff costs -€39,750
down €39,750 (-16.7%), from €237,893 to €198,143
- Other operating charges -€37,902
down €37,902 (-55.8%), from €67,869 to €29,967
- Depreciation +€17,615
up €17,615 (+11.4%), from €154,601 to €172,215
- Taxes -€7,957
down €7,957 (-26.5%), from €30,000 to €22,043
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €930,292 | €996,364 | +€66,072 | +7.1% |
| Fixed assets | 21/28 | €346,230 | €418,053 | +€71,824 | +20.7% |
| Tangible fixed assets | 22/27 | €344,575 | €416,398 | +€71,824 | +20.8% |
| Furniture and vehicles | 24 | €344,575 | €416,398 | +€71,824 | +20.8% |
| Financial fixed assets | 28 | €1,655 | €1,655 | = | 0.0% |
| Current assets | 29/58 | €584,063 | €578,311 | -€5,752 | -1.0% |
| Amounts receivable within one year | 40/41 | €578,353 | €574,652 | -€3,701 | -0.6% |
| Trade receivables | 40 | €142,535 | €78,629 | -€63,906 | -44.8% |
| Other amounts receivable | 41 | €435,818 | €496,023 | +€60,205 | +13.8% |
| Deferred charges and accrued income | 490/1 | €5,710 | €3,659 | -€2,051 | -35.9% |
| Total equity and liabilities | 10/49 | €930,292 | €996,364 | +€66,072 | +7.1% |
| Equity | 10/15 | €834,836 | €888,973 | +€54,137 | +6.5% |
| Contributions | 10/11 | €66,829 | €66,829 | = | 0.0% |
| Capital | 10 | €61,986 | €61,986 | = | 0.0% |
| Issued capital | 100 | €61,986 | €61,986 | = | 0.0% |
| Contributions outside capital | 11 | €4,843 | €4,843 | = | 0.0% |
| Share premium | 1100/10 | €4,843 | €4,843 | = | 0.0% |
| Reserves | 13 | €593,262 | €593,262 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,199 | €6,199 | = | 0.0% |
| Legal reserve | 130 | €6,199 | €6,199 | = | 0.0% |
| Tax-exempt reserves | 132 | €587,064 | €587,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,744 | €228,881 | +€54,137 | +31.0% |
| Amounts payable | 17/49 | €95,456 | €107,391 | +€11,935 | +12.5% |
| Amounts payable within one year | 42/48 | €95,456 | €96,754 | +€1,297 | +1.4% |
| Trade debts | 44 | €43,386 | €54,848 | +€11,462 | +26.4% |
| Suppliers | 440/4 | €43,386 | €54,848 | +€11,462 | +26.4% |
| Taxes, remuneration and social security | 45 | €52,070 | €41,906 | -€10,164 | -19.5% |
| Taxes | 450/3 | €30,000 | €21,207 | -€8,793 | -29.3% |
| Remuneration and social security | 454/9 | €22,070 | €20,699 | -€1,371 | -6.2% |
| Accrued charges and deferred income | 492/3 | - | €10,638 | +€10,638 | |
| Remuneration, social security and pensions | 62 | €237,893 | €198,143 | -€39,750 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,601 | €172,215 | +€17,615 | +11.4% |
| Other operating charges | 640/8 | €67,869 | €29,967 | -€37,902 | -55.8% |
| Gross operating margin | 9900 | €612,576 | €469,688 | -€142,888 | -23.3% |
| Operating profit (loss) | 9901 | €152,213 | €69,362 | -€82,850 | -54.4% |
| Financial income | 75/76B | €9,123 | €6,818 | -€2,305 | -25.3% |
| Recurring financial income | 75 | €9,123 | €6,818 | -€2,305 | -25.3% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €161,336 | €76,180 | -€85,156 | -52.8% |
| Income taxes | 67/77 | €30,000 | €22,043 | -€7,957 | -26.5% |
| Profit (loss) for the period | 9904 | €131,336 | €54,137 | -€77,199 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €131,336 | €54,137 | -€77,199 | -58.8% |
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 22 October 2026 via checked.be.