VERNA: 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.
VERNA
Largest movements
- Tangible fixed assets -€16,734
down €16,734 (-20.2%), from €82,695 to €65,961
- Cash +€6,471
up €6,471 (+12.1%), from €53,431 to €59,902
mainly Net result for the year (+€67,848) and Depreciation (+€22,419)
- Receivables within one year +€5,306
up €5,306 (+1,605%), from €331 to €5,636
of which Other amounts receivable: +€3,806
- Debts after one year -€26,464
down €26,464 (-39.3%), from €67,402 to €40,937
- Profit (loss) carried forward +€17,258
no longer reported in 2025 (was -€17,258)
- Tax, wage and social debts +€5,402
up €5,402 (+87.7%), from €6,159 to €11,561
of which Taxes: +€4,242
- Reserves -€2,880
no longer reported in 2025 (was €2,880)
- Trade debts +€2,878
up €2,878 (+129%), from €2,237 to €5,115
- Gross operating margin +€82,738
up €82,738 (+180%), from €45,888 to €128,626
- Taxes +€28,494
up €28,494 (+1,202%), from €2,370 to €30,864
- Depreciation -€9,539
down €9,539 (-29.8%), from €31,958 to €22,419
- Staff costs +€2,545
up €2,545 (+115%), from €2,222 to €4,767
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 | €137,125 | €131,622 | -€5,503 | -4.0% |
| Fixed assets | 21/28 | €82,695 | €65,961 | -€16,734 | -20.2% |
| Tangible fixed assets | 22/27 | €82,695 | €65,961 | -€16,734 | -20.2% |
| Land and buildings | 22 | €47,618 | €43,328 | -€4,290 | -9.0% |
| Plant, machinery and equipment | 23 | €4,619 | €5,527 | +€908 | +19.7% |
| Furniture and vehicles | 24 | €6,507 | €1,140 | -€5,367 | -82.5% |
| Leasing and similar rights | 25 | €20,360 | €12,929 | -€7,431 | -36.5% |
| Other tangible fixed assets | 26 | €3,591 | €3,038 | -€553 | -15.4% |
| Current assets | 29/58 | €54,430 | €65,661 | +€11,231 | +20.6% |
| Amounts receivable within one year | 40/41 | €331 | €5,636 | +€5,306 | +1,605% |
| Trade receivables | 40 | - | €1,500 | +€1,500 | |
| Other amounts receivable | 41 | €331 | €4,136 | +€3,806 | +1,151% |
| Cash at bank and in hand | 54/58 | €53,431 | €59,902 | +€6,471 | +12.1% |
| Deferred charges and accrued income | 490/1 | €668 | €123 | -€545 | -81.6% |
| Total equity and liabilities | 10/49 | €137,125 | €131,622 | -€5,503 | -4.0% |
| Equity | 10/15 | €5,622 | €20,000 | +€14,378 | +256% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,880 | - | -€2,880 | |
| Distributable reserves | 133 | €2,880 | - | -€2,880 | |
| Profit (loss) carried forward | 14 | -€17,258 | - | +€17,258 | |
| Amounts payable | 17/49 | €131,503 | €111,622 | -€19,880 | -15.1% |
| Amounts payable after more than one year | 17 | €67,402 | €40,937 | -€26,464 | -39.3% |
| Financial debts | 170/4 | €67,402 | €40,937 | -€26,464 | -39.3% |
| Amounts payable within one year | 42/48 | €64,101 | €70,685 | +€6,584 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €6,218 | €6,464 | +€246 | +4.0% |
| Trade debts | 44 | €2,237 | €5,115 | +€2,878 | +129% |
| Suppliers | 440/4 | €2,237 | €5,115 | +€2,878 | +129% |
| Taxes, remuneration and social security | 45 | €6,159 | €11,561 | +€5,402 | +87.7% |
| Taxes | 450/3 | €6,007 | €10,249 | +€4,242 | +70.6% |
| Remuneration and social security | 454/9 | €152 | €1,312 | +€1,159 | +762% |
| Other amounts payable | 47/48 | €49,486 | €47,544 | -€1,941 | -3.9% |
| Remuneration, social security and pensions | 62 | €2,222 | €4,767 | +€2,545 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,958 | €22,419 | -€9,539 | -29.8% |
| Other operating charges | 640/8 | €674 | €844 | +€171 | +25.3% |
| Gross operating margin | 9900 | €45,888 | €128,626 | +€82,738 | +180% |
| Operating profit (loss) | 9901 | €11,034 | €100,595 | +€89,561 | +812% |
| Financial income | 75/76B | €0 | €225 | +€225 | +64,209% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -77.1% |
| Non-recurring financial income | 76B | - | €225 | +€225 | |
| Financial charges | 65/66B | €2,307 | €2,109 | -€198 | -8.6% |
| Recurring financial charges | 65 | €2,307 | €2,109 | -€198 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €8,728 | €98,712 | +€89,984 | +1,031% |
| Income taxes | 67/77 | €2,370 | €30,864 | +€28,494 | +1,202% |
| Profit (loss) for the period | 9904 | €6,357 | €67,848 | +€61,491 | +967% |
| Profit (loss) for the period to be appropriated | 9905 | €6,357 | €67,848 | +€61,491 | +967% |
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 14 October 2026 via checked.be.