VERLINDEN TECHNICS: 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 TECHNICS
Largest movements
- Cash +€71,469
up €71,469 (+164%), from €43,706 to €115,175
mainly Net result for the year (+€118,927) and Depreciation (+€19,456)
- Tangible fixed assets +€34,307
up €34,307 (+10.5%), from €326,309 to €360,616
of which Furniture and vehicles: +€41,552
- Receivables within one year +€10,634
up €10,634 (+38.7%), from €27,496 to €38,130
of which Other amounts receivable: +€26,522
- Deferred charges and accrued income -€5,898
down €5,898 (-14.7%), from €40,118 to €34,220
- Profit (loss) carried forward +€118,927
up €118,927 (+95.7%), from €124,296 to €243,223
- Tax, wage and social debts -€7,139
down €7,139 (-54.2%), from €13,160 to €6,021
- Debts after one year -€5,967
down €5,967 (-2.7%), from €222,287 to €216,321
- Gross operating margin +€93,787
up €93,787 (+99.2%), from €94,569 to €188,356
- Taxes +€23,240
up €23,240 (+137%), from €16,972 to €40,212
- Depreciation +€3,223
up €3,223 (+19.9%), from €16,233 to €19,456
- Financial income -€2,291
down €2,291 (-95.4%), from €2,401 to €110
of which Non-recurring financial income: -€1,787
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 | €437,629 | €548,141 | +€110,512 | +25.3% |
| Fixed assets | 21/28 | €326,309 | €360,616 | +€34,307 | +10.5% |
| Tangible fixed assets | 22/27 | €326,309 | €360,616 | +€34,307 | +10.5% |
| Land and buildings | 22 | €293,695 | €288,713 | -€4,982 | -1.7% |
| Plant, machinery and equipment | 23 | €23,937 | €21,675 | -€2,262 | -9.4% |
| Furniture and vehicles | 24 | €8,676 | €50,228 | +€41,552 | +479% |
| Current assets | 29/58 | €111,321 | €187,525 | +€76,205 | +68.5% |
| Amounts receivable within one year | 40/41 | €27,496 | €38,130 | +€10,634 | +38.7% |
| Trade receivables | 40 | €26,817 | €10,929 | -€15,888 | -59.2% |
| Other amounts receivable | 41 | €679 | €27,201 | +€26,522 | +3,905% |
| Cash at bank and in hand | 54/58 | €43,706 | €115,175 | +€71,469 | +164% |
| Deferred charges and accrued income | 490/1 | €40,118 | €34,220 | -€5,898 | -14.7% |
| Total equity and liabilities | 10/49 | €437,629 | €548,141 | +€110,512 | +25.3% |
| Equity | 10/15 | €134,296 | €253,223 | +€118,927 | +88.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,296 | €243,223 | +€118,927 | +95.7% |
| Amounts payable | 17/49 | €303,333 | €294,918 | -€8,415 | -2.8% |
| Amounts payable after more than one year | 17 | €222,287 | €216,321 | -€5,967 | -2.7% |
| Financial debts | 170/4 | €222,287 | €216,321 | -€5,967 | -2.7% |
| Amounts payable within one year | 42/48 | €81,046 | €78,598 | -€2,448 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €33,259 | €37,824 | +€4,565 | +13.7% |
| Trade debts | 44 | €8,991 | €8,044 | -€947 | -10.5% |
| Suppliers | 440/4 | €8,991 | €8,044 | -€947 | -10.5% |
| Taxes, remuneration and social security | 45 | €13,160 | €6,021 | -€7,139 | -54.2% |
| Taxes | 450/3 | €13,160 | €6,021 | -€7,139 | -54.2% |
| Other amounts payable | 47/48 | €25,636 | €26,709 | +€1,073 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,233 | €19,456 | +€3,223 | +19.9% |
| Other operating charges | 640/8 | €1,563 | €1,794 | +€231 | +14.8% |
| Non-recurring operating charges | 66A | €53 | €44 | -€9 | -17.0% |
| Gross operating margin | 9900 | €94,569 | €188,356 | +€93,787 | +99.2% |
| Operating profit (loss) | 9901 | €76,720 | €167,062 | +€90,341 | +118% |
| Financial income | 75/76B | €2,401 | €110 | -€2,291 | -95.4% |
| Recurring financial income | 75 | €614 | €110 | -€504 | -82.1% |
| Non-recurring financial income | 76B | €1,787 | - | -€1,787 | |
| Financial charges | 65/66B | €9,076 | €8,033 | -€1,043 | -11.5% |
| Recurring financial charges | 65 | €9,076 | €8,033 | -€1,043 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €70,045 | €159,139 | +€89,093 | +127% |
| Income taxes | 67/77 | €16,972 | €40,212 | +€23,240 | +137% |
| Profit (loss) for the period | 9904 | €53,073 | €118,927 | +€65,853 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €53,073 | €118,927 | +€65,853 | +124% |
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 25 October 2026 via checked.be.