VERLIBO: what changed
Two fiscal 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.
VERLIBO
Largest movements
- Receivables within one year -€21,102
down €21,102 (-71.0%), from €29,733 to €8,630
of which Other amounts receivable: -€21,745
- Deferred charges and accrued income +€4,230
up €4,230 (+343.6%), from €1,231 to €5,461
- Stocks and contracts +€3,238
new in 2025: €3,238
- Tangible fixed assets -€1,600
down €1,600 (-100.0%), from €1,600 to €0
- Other debts -€14,703
down €14,703 (-58.6%), from €25,075 to €10,372
- Tax, wage and social debts -€1,898
down €1,898 (-42.9%), from €4,425 to €2,527
of which Taxes: -€2,340
- Trade debts +€1,423
up €1,423 (+110.8%), from €1,284 to €2,707
- Gross operating margin -€16,069
down €16,069 (-47.2%), from €34,064 to €17,995
- Taxes -€2,905
down €2,905 (-45.4%), from €6,400 to €3,495
- Depreciation -€1,600
down €1,600 (-100.0%), from €1,600 to €0
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,966 | €17,663 | -€15,303 | -46.4% |
| Fixed assets | 21/28 | €1,770 | €170 | -€1,600 | -90.4% |
| Tangible fixed assets | 22/27 | €1,600 | €0 | -€1,600 | -100.0% |
| Furniture and vehicles | 24 | €1,600 | €0 | -€1,600 | -100.0% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €31,196 | €17,493 | -€13,703 | -43.9% |
| Stocks and contracts in progress | 3 | - | €3,238 | +€3,238 | |
| Stocks | 30/36 | - | €3,238 | +€3,238 | |
| Amounts receivable within one year | 40/41 | €29,733 | €8,630 | -€21,102 | -71.0% |
| Trade receivables | 40 | €4,013 | €4,656 | +€643 | +16.0% |
| Other amounts receivable | 41 | €25,720 | €3,974 | -€21,745 | -84.5% |
| Cash at bank and in hand | 54/58 | €232 | €163 | -€69 | -29.8% |
| Deferred charges and accrued income | 490/1 | €1,231 | €5,461 | +€4,230 | +343.6% |
| Total equity and liabilities | 10/49 | €32,966 | €17,663 | -€15,303 | -46.4% |
| Equity | 10/15 | €2,182 | €2,056 | -€125 | -5.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182 | €56 | -€125 | -68.9% |
| Amounts payable | 17/49 | €30,784 | €15,606 | -€15,178 | -49.3% |
| Amounts payable within one year | 42/48 | €30,784 | €15,606 | -€15,178 | -49.3% |
| Trade debts | 44 | €1,284 | €2,707 | +€1,423 | +110.8% |
| Suppliers | 440/4 | €1,284 | €2,707 | +€1,423 | +110.8% |
| Taxes, remuneration and social security | 45 | €4,425 | €2,527 | -€1,898 | -42.9% |
| Taxes | 450/3 | €4,425 | €2,085 | -€2,340 | -52.9% |
| Remuneration and social security | 454/9 | - | €442 | +€442 | |
| Other amounts payable | 47/48 | €25,075 | €10,372 | -€14,703 | -58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,600 | €0 | -€1,600 | -100.0% |
| Other operating charges | 640/8 | €789 | €670 | -€119 | -15.1% |
| Gross operating margin | 9900 | €34,064 | €17,995 | -€16,069 | -47.2% |
| Operating profit (loss) | 9901 | €31,675 | €17,325 | -€14,350 | -45.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €48 | €55 | +€7 | +14.3% |
| Recurring financial charges | 65 | €48 | €55 | +€7 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €31,627 | €17,270 | -€14,357 | -45.4% |
| Income taxes | 67/77 | €6,400 | €3,495 | -€2,905 | -45.4% |
| Profit (loss) for the period | 9904 | €25,227 | €13,775 | -€11,452 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,227 | €13,775 | -€11,452 | -45.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.