VERLINDEN PASCAL: what changed
VERLINDEN PASCAL
Largest movements
- Receivables within one year +€2,819
up €2,819 (+6.4%), from €44,230 to €47,049
of which Trade receivables: +€3,634
- Deferred charges and accrued income +€2,160
up €2,160 (+439%), from €492 to €2,652
- Stocks and contracts -€1,697
down €1,697 (-60.1%), from €2,826 to €1,129
- Other debts +€23,996
up €23,996 (+250%), from €9,596 to €33,593
- Trade debts -€20,470
down €20,470 (-87.5%), from €23,386 to €2,916
- Short-term financial debts +€5,366
up €5,366 (+51.1%), from €10,491 to €15,857
- Profit (loss) carried forward -€5,250
down €5,250 (-38.9%), from -€13,484 to -€18,734
- Gross operating margin +€8,335
up €8,335 (+89.4%), from -€9,319 to -€984
- Financial charges +€1,283
up €1,283 (+63.5%), from €2,022 to €3,306
- Other operating charges -€543
down €543 (-43.6%), from €1,244 to €702
- Staff costs -€200
no longer reported in 2025 (was €200)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,548 | €50,830 | +€3,282 | +6.9% |
| Current assets | 29/58 | €47,548 | €50,830 | +€3,282 | +6.9% |
| Stocks and contracts in progress | 3 | €2,826 | €1,129 | -€1,697 | -60.1% |
| Stocks | 30/36 | €2,826 | €1,129 | -€1,697 | -60.1% |
| Amounts receivable within one year | 40/41 | €44,230 | €47,049 | +€2,819 | +6.4% |
| Trade receivables | 40 | €39,384 | €43,018 | +€3,634 | +9.2% |
| Other amounts receivable | 41 | €4,846 | €4,031 | -€815 | -16.8% |
| Deferred charges and accrued income | 490/1 | €492 | €2,652 | +€2,160 | +439% |
| Total equity and liabilities | 10/49 | €47,548 | €50,830 | +€3,282 | +6.9% |
| Equity | 10/15 | €708 | -€4,542 | -€5,250 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,792 | €1,792 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,792 | €1,792 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,792 | €1,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,484 | -€18,734 | -€5,250 | -38.9% |
| Amounts payable | 17/49 | €46,841 | €55,372 | +€8,532 | +18.2% |
| Amounts payable within one year | 42/48 | €46,106 | €54,637 | +€8,532 | +18.5% |
| Financial debts | 43 | €10,491 | €15,857 | +€5,366 | +51.1% |
| Credit institutions | 430/8 | €10,491 | €15,857 | +€5,366 | +51.1% |
| Trade debts | 44 | €23,386 | €2,916 | -€20,470 | -87.5% |
| Suppliers | 440/4 | €23,386 | €2,916 | -€20,470 | -87.5% |
| Taxes, remuneration and social security | 45 | €2,632 | €2,272 | -€360 | -13.7% |
| Taxes | 450/3 | €2,632 | €2,272 | -€360 | -13.7% |
| Other amounts payable | 47/48 | €9,596 | €33,593 | +€23,996 | +250% |
| Accrued charges and deferred income | 492/3 | €735 | €735 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €200 | - | -€200 | |
| Other operating charges | 640/8 | €1,244 | €702 | -€543 | -43.6% |
| Gross operating margin | 9900 | -€9,319 | -€984 | +€8,335 | +89.4% |
| Operating profit (loss) | 9901 | -€10,763 | -€1,686 | +€9,078 | +84.3% |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.9% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.9% |
| Financial charges | 65/66B | €2,022 | €3,306 | +€1,283 | +63.5% |
| Recurring financial charges | 65 | €2,022 | €3,306 | +€1,283 | +63.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,770 | -€4,991 | +€7,779 | +60.9% |
| Income taxes | 67/77 | €277 | €259 | -€19 | -6.8% |
| Profit (loss) for the period | 9904 | -€13,047 | -€5,250 | +€7,797 | +59.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,047 | -€5,250 | +€7,797 | +59.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.