VERLITEC: what changed
VERLITEC
Largest movements
- Tangible fixed assets +€35,023
up €35,023 (+55.7%), from €62,905 to €97,928
of which Furniture and vehicles: +€36,005
- Cash -€29,517
down €29,517 (-85.2%), from €34,631 to €5,115
mainly Investment in fixed assets (net) (-€44,488) and Net result for the year (-€36,604)
- Receivables within one year +€27,573
up €27,573 (+23.9%), from €115,175 to €142,749
of which Trade receivables: +€27,566
- Profit (loss) carried forward -€36,604
down €36,604 (-22.5%), from -€162,537 to -€199,141
- Other debts +€31,727
up €31,727 (+12.7%), from €250,460 to €282,187
- Debts after one year +€25,401
new in 2026: €25,401
- Current portion of long-term debt +€7,726
new in 2026: €7,726
- Tax, wage and social debts +€4,292
up €4,292 (+83.4%), from €5,149 to €9,441
- Gross operating margin -€28,721
down €28,721, from €5,379 to -€23,342
- Depreciation +€8,605
up €8,605 (+999%), from €861 to €9,466
- Financial charges +€1,134
up €1,134 (+245%), from €463 to €1,597
- Other operating charges +€282
up €282 (+14.7%), from €1,918 to €2,200
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,671 | €254,250 | +€34,580 | +15.7% |
| Fixed assets | 21/28 | €68,433 | €103,456 | +€35,023 | +51.2% |
| Tangible fixed assets | 22/27 | €62,905 | €97,928 | +€35,023 | +55.7% |
| Land and buildings | 22 | €62,406 | €61,651 | -€754 | -1.2% |
| Plant, machinery and equipment | 23 | €500 | €272 | -€228 | -45.6% |
| Furniture and vehicles | 24 | - | €36,005 | +€36,005 | |
| Financial fixed assets | 28 | €5,528 | €5,528 | = | 0.0% |
| Current assets | 29/58 | €151,237 | €150,794 | -€443 | -0.3% |
| Stocks and contracts in progress | 3 | €1,431 | €2,931 | +€1,500 | +105% |
| Stocks | 30/36 | €1,431 | €2,931 | +€1,500 | +105% |
| Amounts receivable within one year | 40/41 | €115,175 | €142,749 | +€27,573 | +23.9% |
| Trade receivables | 40 | €95,175 | €122,742 | +€27,566 | +29.0% |
| Other amounts receivable | 41 | €20,000 | €20,007 | +€7 | 0.0% |
| Cash at bank and in hand | 54/58 | €34,631 | €5,115 | -€29,517 | -85.2% |
| Total equity and liabilities | 10/49 | €219,671 | €254,250 | +€34,580 | +15.7% |
| Equity | 10/15 | -€58,236 | -€94,840 | -€36,604 | -62.9% |
| Contributions | 10/11 | €34,800 | €34,800 | = | 0.0% |
| Reserves | 13 | €69,501 | €69,501 | = | 0.0% |
| Tax-exempt reserves | 132 | €466 | €466 | = | 0.0% |
| Distributable reserves | 133 | €69,035 | €69,035 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€162,537 | -€199,141 | -€36,604 | -22.5% |
| Amounts payable | 17/49 | €277,907 | €349,090 | +€71,184 | +25.6% |
| Amounts payable after more than one year | 17 | - | €25,401 | +€25,401 | |
| Financial debts | 170/4 | - | €25,401 | +€25,401 | |
| Amounts payable within one year | 42/48 | €277,907 | €323,689 | +€45,782 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | - | €7,726 | +€7,726 | |
| Trade debts | 44 | €22,298 | €24,335 | +€2,037 | +9.1% |
| Suppliers | 440/4 | €22,298 | €24,335 | +€2,037 | +9.1% |
| Taxes, remuneration and social security | 45 | €5,149 | €9,441 | +€4,292 | +83.4% |
| Taxes | 450/3 | €5,149 | €9,441 | +€4,292 | +83.4% |
| Other amounts payable | 47/48 | €250,460 | €282,187 | +€31,727 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €861 | €9,466 | +€8,605 | +999% |
| Other operating charges | 640/8 | €1,918 | €2,200 | +€282 | +14.7% |
| Gross operating margin | 9900 | €5,379 | -€23,342 | -€28,721 | |
| Operating profit (loss) | 9901 | €2,600 | -€35,007 | -€37,607 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.8% |
| Financial charges | 65/66B | €463 | €1,597 | +€1,134 | +245% |
| Recurring financial charges | 65 | €463 | €1,597 | +€1,134 | +245% |
| Profit (loss) for the period before taxes | 9903 | €2,138 | -€36,604 | -€38,742 | |
| Profit (loss) for the period | 9904 | €2,138 | -€36,604 | -€38,742 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,138 | -€36,604 | -€38,742 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.