VERLEYE: 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.
What changed
VERLEYE
NACE 10.820, Manufacture of cocoa, chocolate and sugar confectionery
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,233
2024 · -€251,448+€255,681
Equity
€5.0m
2024 · €724,316+€4.2m
Cash
€352,439
2024 · €308,729+€43,711
Balance sheet total
€5.3m
2024 · €5.6m-€228,865
Largest movements
Assets
- Tangible fixed assets -€282,384
down €282,384 (-6.2%), from €4.5m to €4.3m
of which Land and buildings: -€207,450
Equity and liabilities
- Debts after one year -€4.3m
down €4.3m (-100.0%), from €4.3m to €0
- Contributions +€4.2m
up €4.2m (+53.0%), from €8.0m to €12.2m
- Other debts -€78,260
down €78,260 (-74.2%), from €105,541 to €27,281
- Short-term financial debts -€56,768
down €56,768 (-100.0%), from €56,768 to €0
Income statement
- Depreciation -€82,960
down €82,960 (-20.9%), from €397,752 to €314,792
- Gross operating margin +€67,594
up €67,594 (+5.4%), from €1.3m to €1.3m
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.
Result 2024
-€251,448
Gross operating margin
+€67,594
Staff costs
+€9,276
Depreciation
+€82,960
Other operating charges
-€8,720
Other operating items
+€95,017
Financial income
-€513
Financial charges
+€9,746
Taxes
+€320
Result 2025
€4,233
Cash bridge derived
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.
From operations
+€236,515
Investment
-€23,439
Financing
-€169,366
Cash 2024
€308,729
From operations (derived)
+€236,515
Net result for the year
+€4,233
Depreciation
+€314,792
Stocks and contracts
-€46,577
Receivables within one year
+€33,998
Smaller working-capital items
-€16,535
Tax, wage and social debts
+€24,865
Other debts
-€78,260
Investment (derived)
-€23,439
Investment in fixed assets (net)
-€23,439
Financing
-€169,366
Debts after one year
-€4.3m
Current portion of long-term debt
-€2,963
Short-term financial debts
-€56,768
Contributions, distributions and other
+€4.2m
Cash 2025
€352,439
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,570,532 | €5,341,667 | -€228,865 | -4.1% |
| Fixed assets | 21/28 | €4,581,456 | €4,290,103 | -€291,353 | -6.4% |
| Intangible fixed assets | 21 | €33,095 | €24,126 | -€8,969 | -27.1% |
| Tangible fixed assets | 22/27 | €4,548,361 | €4,265,977 | -€282,384 | -6.2% |
| Land and buildings | 22 | €4,231,637 | €4,024,188 | -€207,450 | -4.9% |
| Plant, machinery and equipment | 23 | €303,381 | €220,285 | -€83,096 | -27.4% |
| Furniture and vehicles | 24 | €12,362 | €21,195 | +€8,833 | +71.4% |
| Other tangible fixed assets | 26 | €980 | €310 | -€671 | -68.4% |
| Current assets | 29/58 | €989,076 | €1,051,564 | +€62,488 | +6.3% |
| Stocks and contracts in progress | 3 | €358,117 | €404,694 | +€46,577 | +13.0% |
| Stocks | 30/36 | €358,117 | €404,694 | +€46,577 | +13.0% |
| Amounts receivable within one year | 40/41 | €307,185 | €273,188 | -€33,998 | -11.1% |
| Trade receivables | 40 | €109,961 | €266,942 | +€156,981 | +142.8% |
| Other amounts receivable | 41 | €197,224 | €6,246 | -€190,978 | -96.8% |
| Cash at bank and in hand | 54/58 | €308,729 | €352,439 | +€43,711 | +14.2% |
| Deferred charges and accrued income | 490/1 | €15,045 | €21,243 | +€6,198 | +41.2% |
| Total equity and liabilities | 10/49 | €5,570,532 | €5,341,667 | -€228,865 | -4.1% |
| Equity | 10/15 | €724,316 | €4,968,548 | +€4.2m | +586.0% |
| Contributions | 10/11 | €8,000,000 | €12,240,000 | +€4.2m | +53.0% |
| Profit (loss) carried forward | 14 | -€7,275,684 | -€7,271,452 | +€4,233 | +0.1% |
| Amounts payable | 17/49 | €4,846,217 | €373,119 | -€4.5m | -92.3% |
| Amounts payable after more than one year | 17 | €4,349,635 | €0 | -€4.3m | -100.0% |
| Financial debts | 170/4 | €4,349,635 | €0 | -€4.3m | -100.0% |
| Amounts payable within one year | 42/48 | €488,232 | €373,119 | -€115,113 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €61,568 | €58,605 | -€2,963 | -4.8% |
| Financial debts | 43 | €56,768 | €0 | -€56,768 | -100.0% |
| Credit institutions | 430/8 | €56,768 | €0 | -€56,768 | -100.0% |
| Trade debts | 44 | €163,339 | €161,352 | -€1,987 | -1.2% |
| Suppliers | 440/4 | €163,339 | €161,352 | -€1,987 | -1.2% |
| Taxes, remuneration and social security | 45 | €101,016 | €125,881 | +€24,865 | +24.6% |
| Taxes | 450/3 | €4,870 | €7,095 | +€2,224 | +45.7% |
| Remuneration and social security | 454/9 | €96,146 | €118,786 | +€22,640 | +23.5% |
| Other amounts payable | 47/48 | €105,541 | €27,281 | -€78,260 | -74.2% |
| Accrued charges and deferred income | 492/3 | €8,350 | €0 | -€8,350 | -100.0% |
| Non-recurring operating income | 76A | €151,849 | €2,715 | -€149,134 | -98.2% |
| Remuneration, social security and pensions | 62 | €981,039 | €971,763 | -€9,276 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €397,752 | €314,792 | -€82,960 | -20.9% |
| Other operating charges | 640/8 | €24,092 | €32,812 | +€8,720 | +36.2% |
| Non-recurring operating charges | 66A | €95,017 | €0 | -€95,017 | -100.0% |
| Gross operating margin | 9900 | €1,259,976 | €1,327,571 | +€67,594 | +5.4% |
| Operating profit (loss) | 9901 | -€237,924 | €8,204 | +€246,128 | |
| Financial income | 75/76B | €4,024 | €3,511 | -€513 | -12.7% |
| Recurring financial income | 75 | €4,024 | €3,511 | -€513 | -12.7% |
| Financial charges | 65/66B | €17,228 | €7,482 | -€9,746 | -56.6% |
| Recurring financial charges | 65 | €17,228 | €7,482 | -€9,746 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | -€251,128 | €4,233 | +€255,361 | |
| Income taxes | 67/77 | €320 | €0 | -€320 | -100.0% |
| Profit (loss) for the period | 9904 | -€251,448 | €4,233 | +€255,681 | |
| Profit (loss) for the period to be appropriated | 9905 | -€251,448 | €4,233 | +€255,681 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.