VERLINDEN SEVERINE: 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.
VERLINDEN SEVERINE
Largest movements
- Deferred charges and accrued income +€13,009
up €13,009 (+50.3%), from €25,849 to €38,858
- Tangible fixed assets -€6,232
down €6,232 (-20.1%), from €30,957 to €24,725
- Cash +€4,458
up €4,458 (+4.7%), from €94,402 to €98,860
mainly Net result for the year (+€30,184) and Other debts (+€15,562)
- Other debts +€15,562
up €15,562 (+16.0%), from €97,429 to €112,992
- Profit (loss) carried forward -€8,356
no longer reported in 2025 (was €8,356)
- Tax, wage and social debts +€7,373
new in 2025: €7,373
- Debts after one year -€4,956
down €4,956 (-25.3%), from €19,554 to €14,598
- Gross operating margin +€15,813
up €15,813 (+52.0%), from €30,399 to €46,212
- Depreciation +€6,027
up €6,027 (+2,940%), from €205 to €6,232
- Taxes +€3,045
up €3,045 (+54.9%), from €5,549 to €8,595
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 | €152,658 | €162,442 | +€9,784 | +6.4% |
| Fixed assets | 21/28 | €30,957 | €24,725 | -€6,232 | -20.1% |
| Tangible fixed assets | 22/27 | €30,957 | €24,725 | -€6,232 | -20.1% |
| Furniture and vehicles | 24 | €30,957 | €24,725 | -€6,232 | -20.1% |
| Current assets | 29/58 | €121,701 | €137,718 | +€16,017 | +13.2% |
| Amounts receivable within one year | 40/41 | €1,451 | - | -€1,451 | |
| Other amounts receivable | 41 | €1,451 | - | -€1,451 | |
| Cash at bank and in hand | 54/58 | €94,402 | €98,860 | +€4,458 | +4.7% |
| Deferred charges and accrued income | 490/1 | €25,849 | €38,858 | +€13,009 | +50.3% |
| Total equity and liabilities | 10/49 | €152,658 | €162,442 | +€9,784 | +6.4% |
| Equity | 10/15 | €26,956 | €18,600 | -€8,356 | -31.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,356 | - | -€8,356 | |
| Amounts payable | 17/49 | €125,702 | €143,842 | +€18,141 | +14.4% |
| Amounts payable after more than one year | 17 | €19,554 | €14,598 | -€4,956 | -25.3% |
| Financial debts | 170/4 | €19,554 | €14,598 | -€4,956 | -25.3% |
| Amounts payable within one year | 42/48 | €106,148 | €129,244 | +€23,096 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €4,778 | €4,956 | +€177 | +3.7% |
| Trade debts | 44 | €3,940 | €3,924 | -€17 | -0.4% |
| Suppliers | 440/4 | €3,940 | €3,924 | -€17 | -0.4% |
| Taxes, remuneration and social security | 45 | - | €7,373 | +€7,373 | |
| Taxes | 450/3 | - | €7,373 | +€7,373 | |
| Other amounts payable | 47/48 | €97,429 | €112,992 | +€15,562 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €205 | €6,232 | +€6,027 | +2,940% |
| Gross operating margin | 9900 | €30,399 | €46,212 | +€15,813 | +52.0% |
| Operating profit (loss) | 9901 | €30,194 | €39,980 | +€9,786 | +32.4% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €894 | €1,210 | +€316 | +35.3% |
| Recurring financial charges | 65 | €894 | €1,210 | +€316 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | €29,300 | €38,779 | +€9,479 | +32.3% |
| Income taxes | 67/77 | €5,549 | €8,595 | +€3,045 | +54.9% |
| Profit (loss) for the period | 9904 | €23,751 | €30,184 | +€6,433 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,751 | €30,184 | +€6,433 | +27.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.