Verlingua: 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.
Verlingua
Largest movements
- Cash +€43,534
up €43,534 (+50.7%), from €85,827 to €129,361
mainly Net result for the year (+€59,194) and Tax, wage and social debts (+€7,312)
- Current investments +€8,000
new in 2025: €8,000
- Receivables within one year +€4,002
up €4,002 (+6.5%), from €61,661 to €65,662
of which Trade receivables: +€3,537
- Reserves +€58,326
up €58,326 (+112%), from €52,036 to €110,362
- Trade debts -€8,089
down €8,089 (-29.4%), from €27,509 to €19,420
- Tax, wage and social debts +€7,312
up €7,312 (+14.6%), from €50,208 to €57,521
of which Taxes: +€7,312
- Advances received -€2,264
down €2,264 (-67.8%), from €3,340 to €1,076
- Gross operating margin +€29,096
up €29,096 (+54.1%), from €53,765 to €82,861
- Taxes +€7,297
up €7,297 (+51.9%), from €14,050 to €21,348
- Financial income +€1,860
up €1,860 (+613%), from €303 to €2,163
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 | €151,873 | €206,145 | +€54,272 | +35.7% |
| Fixed assets | 21/28 | €1,840 | €1,429 | -€411 | -22.3% |
| Tangible fixed assets | 22/27 | €1,840 | €1,429 | -€411 | -22.3% |
| Other tangible fixed assets | 26 | €1,840 | €1,429 | -€411 | -22.3% |
| Current assets | 29/58 | €150,033 | €204,716 | +€54,683 | +36.4% |
| Amounts receivable within one year | 40/41 | €61,661 | €65,662 | +€4,002 | +6.5% |
| Trade receivables | 40 | €61,661 | €65,198 | +€3,537 | +5.7% |
| Other amounts receivable | 41 | - | €465 | +€465 | |
| Current investments | 50/53 | - | €8,000 | +€8,000 | |
| Cash at bank and in hand | 54/58 | €85,827 | €129,361 | +€43,534 | +50.7% |
| Deferred charges and accrued income | 490/1 | €2,545 | €1,692 | -€852 | -33.5% |
| Total equity and liabilities | 10/49 | €151,873 | €206,145 | +€54,272 | +35.7% |
| Equity | 10/15 | €52,136 | €110,462 | +€58,326 | +112% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €52,036 | €110,362 | +€58,326 | +112% |
| Distributable reserves | 133 | €52,036 | €110,362 | +€58,326 | +112% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €99,737 | €95,683 | -€4,054 | -4.1% |
| Amounts payable within one year | 42/48 | €99,737 | €95,683 | -€4,054 | -4.1% |
| Trade debts | 44 | €27,509 | €19,420 | -€8,089 | -29.4% |
| Suppliers | 440/4 | €27,509 | €19,420 | -€8,089 | -29.4% |
| Advances received on contracts in progress | 46 | €3,340 | €1,076 | -€2,264 | -67.8% |
| Taxes, remuneration and social security | 45 | €50,208 | €57,521 | +€7,312 | +14.6% |
| Taxes | 450/3 | €48,840 | €56,152 | +€7,312 | +15.0% |
| Remuneration and social security | 454/9 | €1,368 | €1,368 | = | 0.0% |
| Other amounts payable | 47/48 | €18,679 | €17,666 | -€1,013 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214 | €411 | +€197 | +92.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,846 | €2,089 | +€243 | +13.2% |
| Other operating charges | 640/8 | €657 | €942 | +€286 | +43.5% |
| Gross operating margin | 9900 | €53,765 | €82,861 | +€29,096 | +54.1% |
| Operating profit (loss) | 9901 | €51,049 | €79,419 | +€28,370 | +55.6% |
| Financial income | 75/76B | €303 | €2,163 | +€1,860 | +613% |
| Recurring financial income | 75 | €303 | €2,163 | +€1,860 | +613% |
| Financial charges | 65/66B | €1,004 | €1,041 | +€37 | +3.7% |
| Recurring financial charges | 65 | €1,004 | €1,041 | +€37 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €50,348 | €80,541 | +€30,193 | +60.0% |
| Income taxes | 67/77 | €14,050 | €21,348 | +€7,297 | +51.9% |
| Profit (loss) for the period | 9904 | €36,298 | €59,194 | +€22,896 | +63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,298 | €59,194 | +€22,896 | +63.1% |
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 19 October 2026 via checked.be.