VERLEYE B.: 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.
VERLEYE B.
Largest movements
- Current investments -€98,111
down €98,111 (-100%), from €98,111 to €0
- Cash +€39,916
up €39,916 (+521%), from €7,667 to €47,583
mainly Net result for the year (+€114,213) and Current investments (+€98,111)
- Tangible fixed assets -€27,074
down €27,074 (-8.2%), from €329,605 to €302,531
of which Land and buildings: -€24,224
- Receivables within one year +€25,130
up €25,130 (+2,762%), from €910 to €26,040
of which Other amounts receivable: +€24,150
- Debts after one year -€152,932
down €152,932 (-82.6%), from €185,076 to €32,144
of which Other amounts payable: -€148,644
- Profit (loss) carried forward +€108,502
up €108,502, from -€7,943 to €100,559
- Contributions -€53,731
down €53,731 (-21.7%), from €247,894 to €194,162
- Tax, wage and social debts +€27,190
up €27,190 (+12,304%), from €221 to €27,411
- Reserves +€5,711
up €5,711 (+63.5%), from €8,994 to €14,705
- Financial income +€147,899
up €147,899 (+601,215%), from €25 to €147,923
- Taxes +€25,798
up €25,798 (+11,674%), from €221 to €26,019
- Financial charges +€4,411
up €4,411 (+263%), from €1,677 to €6,088
- Gross operating margin +€3,006
up €3,006 (+8.8%), from €34,110 to €37,117
- Other operating charges -€875
down €875 (-7.0%), from €12,522 to €11,647
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 | €439,995 | €379,990 | -€60,005 | -13.6% |
| Fixed assets | 21/28 | €329,989 | €302,915 | -€27,074 | -8.2% |
| Tangible fixed assets | 22/27 | €329,605 | €302,531 | -€27,074 | -8.2% |
| Land and buildings | 22 | €283,192 | €258,968 | -€24,224 | -8.6% |
| Plant, machinery and equipment | 23 | €39,147 | €36,812 | -€2,335 | -6.0% |
| Furniture and vehicles | 24 | €826 | €311 | -€515 | -62.3% |
| Other tangible fixed assets | 26 | €6,440 | €6,440 | = | 0.0% |
| Financial fixed assets | 28 | €384 | €384 | = | 0.0% |
| Current assets | 29/58 | €110,006 | €77,075 | -€32,931 | -29.9% |
| Amounts receivable within one year | 40/41 | €910 | €26,040 | +€25,130 | +2,762% |
| Trade receivables | 40 | €910 | €1,890 | +€980 | +108% |
| Other amounts receivable | 41 | €0 | €24,150 | +€24,150 | |
| Current investments | 50/53 | €98,111 | €0 | -€98,111 | -100% |
| Cash at bank and in hand | 54/58 | €7,667 | €47,583 | +€39,916 | +521% |
| Deferred charges and accrued income | 490/1 | €3,318 | €3,452 | +€135 | +4.1% |
| Total equity and liabilities | 10/49 | €439,995 | €379,990 | -€60,005 | -13.6% |
| Equity | 10/15 | €248,945 | €309,427 | +€60,481 | +24.3% |
| Contributions | 10/11 | €247,894 | €194,162 | -€53,731 | -21.7% |
| Capital | 10 | €247,894 | €194,162 | -€53,731 | -21.7% |
| Issued capital | 100 | €247,894 | €194,162 | -€53,731 | -21.7% |
| Reserves | 13 | €8,994 | €14,705 | +€5,711 | +63.5% |
| Non-distributable reserves | 130/1 | €8,994 | €14,705 | +€5,711 | +63.5% |
| Legal reserve | 130 | €8,994 | €14,705 | +€5,711 | +63.5% |
| Profit (loss) carried forward | 14 | -€7,943 | €100,559 | +€108,502 | |
| Amounts payable | 17/49 | €191,050 | €70,563 | -€120,486 | -63.1% |
| Amounts payable after more than one year | 17 | €185,076 | €32,144 | -€152,932 | -82.6% |
| Financial debts | 170/4 | €23,197 | €18,909 | -€4,288 | -18.5% |
| Other amounts payable | 178/9 | €161,879 | €13,235 | -€148,644 | -91.8% |
| Amounts payable within one year | 42/48 | €5,974 | €38,420 | +€32,446 | +543% |
| Current portion of amounts payable after more than one year | 42 | €4,089 | €4,288 | +€200 | +4.9% |
| Trade debts | 44 | €74 | €5,135 | +€5,061 | +6,848% |
| Suppliers | 440/4 | €74 | €5,135 | +€5,061 | +6,848% |
| Advances received on contracts in progress | 46 | €1,590 | €1,585 | -€5 | -0.3% |
| Taxes, remuneration and social security | 45 | €221 | €27,411 | +€27,190 | +12,304% |
| Taxes | 450/3 | €221 | €27,411 | +€27,190 | +12,304% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,658 | €27,074 | -€584 | -2.1% |
| Other operating charges | 640/8 | €12,522 | €11,647 | -€875 | -7.0% |
| Gross operating margin | 9900 | €34,110 | €37,117 | +€3,006 | +8.8% |
| Operating profit (loss) | 9901 | -€6,069 | -€1,604 | +€4,466 | +73.6% |
| Financial income | 75/76B | €25 | €147,923 | +€147,899 | +601,215% |
| Recurring financial income | 75 | €25 | €147,923 | +€147,899 | +601,215% |
| Financial charges | 65/66B | €1,677 | €6,088 | +€4,411 | +263% |
| Recurring financial charges | 65 | €1,677 | €6,088 | +€4,411 | +263% |
| Profit (loss) for the period before taxes | 9903 | -€7,722 | €140,232 | +€147,954 | |
| Income taxes | 67/77 | €221 | €26,019 | +€25,798 | +11,674% |
| Profit (loss) for the period | 9904 | -€7,943 | €114,213 | +€122,155 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,943 | €114,213 | +€122,155 |
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 16 October 2026 via checked.be.