VERLINFO: 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.
VERLINFO
Largest movements
- Deferred charges and accrued income -€305,128
down €305,128 (-28.4%), from €1.1m to €770,714
- Receivables within one year +€50,483
up €50,483 (+2.6%), from €1.9m to €2.0m
of which Trade receivables: +€56,780
- Profit (loss) carried forward -€478,533
down €478,533 (-57.1%), from €837,367 to €358,834
- Other debts +€250,212
up €250,212 (+37.2%), from €671,943 to €922,154
- Trade debts -€76,853
down €76,853 (-9.9%), from €776,868 to €700,015
- Tax, wage and social debts +€45,128
up €45,128 (+23.4%), from €192,915 to €238,043
of which Remuneration and social security: +€28,324
- Staff costs +€214,024
up €214,024 (+17.8%), from €1.2m to €1.4m
- Gross operating margin +€181,382
up €181,382 (+12.1%), from €1.5m to €1.7m
- Depreciation +€17,378
up €17,378 (+46.6%), from €37,308 to €54,685
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,072,583 | €3,812,512 | -€260,071 | -6.4% |
| Fixed assets | 21/28 | €1,078,780 | €1,073,353 | -€5,427 | -0.5% |
| Tangible fixed assets | 22/27 | €187,184 | €181,757 | -€5,427 | -2.9% |
| Plant, machinery and equipment | 23 | €2,953 | €12,423 | +€9,470 | +321% |
| Furniture and vehicles | 24 | €184,231 | €169,334 | -€14,897 | -8.1% |
| Financial fixed assets | 28 | €891,596 | €891,596 | = | 0.0% |
| Current assets | 29/58 | €2,993,803 | €2,739,158 | -€254,645 | -8.5% |
| Amounts receivable within one year | 40/41 | €1,917,961 | €1,968,445 | +€50,483 | +2.6% |
| Trade receivables | 40 | €1,848,799 | €1,905,579 | +€56,780 | +3.1% |
| Other amounts receivable | 41 | €69,162 | €62,866 | -€6,296 | -9.1% |
| Deferred charges and accrued income | 490/1 | €1,075,842 | €770,714 | -€305,128 | -28.4% |
| Total equity and liabilities | 10/49 | €4,072,583 | €3,812,512 | -€260,071 | -6.4% |
| Equity | 10/15 | €2,421,323 | €1,942,790 | -€478,533 | -19.8% |
| Contributions | 10/11 | €1,363,414 | €1,363,414 | = | 0.0% |
| Capital | 10 | €1,363,414 | €1,363,414 | = | 0.0% |
| Issued capital | 100 | €1,363,414 | €1,363,414 | = | 0.0% |
| Reserves | 13 | €220,541 | €220,541 | = | 0.0% |
| Non-distributable reserves | 130/1 | €136,341 | €136,341 | = | 0.0% |
| Legal reserve | 130 | €136,341 | €136,341 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,200 | - | -€84,200 | |
| Distributable reserves | 133 | - | €84,200 | +€84,200 | |
| Profit (loss) carried forward | 14 | €837,367 | €358,834 | -€478,533 | -57.1% |
| Amounts payable | 17/49 | €1,651,260 | €1,869,722 | +€218,462 | +13.2% |
| Amounts payable within one year | 42/48 | €1,641,726 | €1,860,212 | +€218,486 | +13.3% |
| Trade debts | 44 | €776,868 | €700,015 | -€76,853 | -9.9% |
| Suppliers | 440/4 | €776,868 | €700,015 | -€76,853 | -9.9% |
| Taxes, remuneration and social security | 45 | €192,915 | €238,043 | +€45,128 | +23.4% |
| Taxes | 450/3 | - | €16,804 | +€16,804 | |
| Remuneration and social security | 454/9 | €192,915 | €221,239 | +€28,324 | +14.7% |
| Other amounts payable | 47/48 | €671,943 | €922,154 | +€250,212 | +37.2% |
| Accrued charges and deferred income | 492/3 | €9,534 | €9,510 | -€24 | -0.3% |
| Remuneration, social security and pensions | 62 | €1,205,378 | €1,419,403 | +€214,024 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,308 | €54,685 | +€17,378 | +46.6% |
| Other operating charges | 640/8 | €6,114 | €5,895 | -€219 | -3.6% |
| Gross operating margin | 9900 | €1,494,219 | €1,675,600 | +€181,382 | +12.1% |
| Operating profit (loss) | 9901 | €245,419 | €195,617 | -€49,802 | -20.3% |
| Financial income | 75/76B | €1,420 | €2,792 | +€1,372 | +96.6% |
| Recurring financial income | 75 | €1,420 | €2,792 | +€1,372 | +96.6% |
| Financial charges | 65/66B | €17,346 | €15,886 | -€1,460 | -8.4% |
| Recurring financial charges | 65 | €17,346 | €15,886 | -€1,460 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €229,492 | €182,522 | -€46,971 | -20.5% |
| Income taxes | 67/77 | €71,371 | €57,823 | -€13,548 | -19.0% |
| Profit (loss) for the period | 9904 | €158,121 | €124,699 | -€33,423 | -21.1% |
| Transfer from tax-exempt reserves | 789 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €158,121 | €208,899 | +€50,777 | +32.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.