VERLIPRO: 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.
VERLIPRO
Largest movements
- Receivables after one year -€138,592
down €138,592 (-100.0%), from €138,592 to €0
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Tangible fixed assets +€49,482
up €49,482 (+94.8%), from €52,212 to €101,694
of which Land and buildings: +€55,224
- Cash +€14,977
up €14,977 (+5.0%), from €300,131 to €315,108
mainly Receivables after one year (+€138,592) and Trade debts (+€57,913)
- Receivables within one year -€12,115
down €12,115 (-42.6%), from €28,410 to €16,296
of which Other amounts receivable: -€11,167
- Reserves -€145,227
down €145,227 (-36.3%), from €399,880 to €254,653
- Trade debts +€57,913
up €57,913 (+723.7%), from €8,002 to €65,916
- Other debts -€29,645
down €29,645 (-78.1%), from €37,965 to €8,321
- Accrued charges and deferred income -€19,478
down €19,478 (-99.9%), from €19,501 to €24
- Gross operating margin -€22,578
down €22,578 (-32.2%), from €70,186 to €47,608
- Taxes -€8,379
down €8,379 (-48.8%), from €17,176 to €8,796
- Depreciation -€4,279
down €4,279 (-23.1%), from €18,516 to €14,238
- Financial income -€2,691
down €2,691 (-37.2%), from €7,237 to €4,546
- Other operating charges +€1,486
up €1,486 (+24.9%), from €5,979 to €7,465
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €574,214 | €435,170 | -€139,044 | -24.2% |
| Fixed assets | 21/28 | €52,212 | €101,694 | +€49,482 | +94.8% |
| Tangible fixed assets | 22/27 | €52,212 | €101,694 | +€49,482 | +94.8% |
| Land and buildings | 22 | €36,933 | €92,156 | +€55,224 | +149.5% |
| Furniture and vehicles | 24 | €15,279 | €9,538 | -€5,741 | -37.6% |
| Current assets | 29/58 | €522,003 | €333,477 | -€188,526 | -36.1% |
| Amounts receivable after more than one year | 29 | €138,592 | €0 | -€138,592 | -100.0% |
| Other amounts receivable | 291 | €138,592 | €0 | -€138,592 | -100.0% |
| Amounts receivable within one year | 40/41 | €28,410 | €16,296 | -€12,115 | -42.6% |
| Trade receivables | 40 | €15,410 | €14,463 | -€947 | -6.1% |
| Other amounts receivable | 41 | €13,000 | €1,833 | -€11,167 | -85.9% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €300,131 | €315,108 | +€14,977 | +5.0% |
| Deferred charges and accrued income | 490/1 | €4,869 | €2,073 | -€2,796 | -57.4% |
| Total equity and liabilities | 10/49 | €574,214 | €435,170 | -€139,044 | -24.2% |
| Equity | 10/15 | €497,106 | €351,879 | -€145,227 | -29.2% |
| Contributions | 10/11 | €93,250 | €93,250 | = | 0.0% |
| Reserves | 13 | €399,880 | €254,653 | -€145,227 | -36.3% |
| Distributable reserves | 133 | €399,880 | €254,653 | -€145,227 | -36.3% |
| Profit (loss) carried forward | 14 | €3,976 | €3,976 | = | 0.0% |
| Amounts payable | 17/49 | €77,108 | €83,291 | +€6,183 | +8.0% |
| Amounts payable within one year | 42/48 | €57,607 | €83,268 | +€25,661 | +44.5% |
| Trade debts | 44 | €8,002 | €65,916 | +€57,913 | +723.7% |
| Suppliers | 440/4 | €8,002 | €65,916 | +€57,913 | +723.7% |
| Taxes, remuneration and social security | 45 | €11,639 | €9,031 | -€2,608 | -22.4% |
| Taxes | 450/3 | €8,607 | €2,987 | -€5,619 | -65.3% |
| Remuneration and social security | 454/9 | €3,033 | €6,044 | +€3,012 | +99.3% |
| Other amounts payable | 47/48 | €37,965 | €8,321 | -€29,645 | -78.1% |
| Accrued charges and deferred income | 492/3 | €19,501 | €24 | -€19,478 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,516 | €14,238 | -€4,279 | -23.1% |
| Other operating charges | 640/8 | €5,979 | €7,465 | +€1,486 | +24.9% |
| Gross operating margin | 9900 | €70,186 | €47,608 | -€22,578 | -32.2% |
| Operating profit (loss) | 9901 | €45,691 | €25,905 | -€19,786 | -43.3% |
| Financial income | 75/76B | €7,237 | €4,546 | -€2,691 | -37.2% |
| Recurring financial income | 75 | €7,237 | €4,546 | -€2,691 | -37.2% |
| Financial charges | 65/66B | €506 | €694 | +€188 | +37.2% |
| Recurring financial charges | 65 | €506 | €694 | +€188 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €52,422 | €29,757 | -€22,665 | -43.2% |
| Income taxes | 67/77 | €17,176 | €8,796 | -€8,379 | -48.8% |
| Profit (loss) for the period | 9904 | €35,246 | €20,960 | -€14,286 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,246 | €20,960 | -€14,286 | -40.5% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.