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
- Cash +€38,685
up €38,685 (+52.2%), from €74,059 to €112,744
mainly Net result for the year (+€43,216) and Other debts (+€130)
- Reserves +€43,216
up €43,216 (+70.1%), from €61,640 to €104,857
- Tax, wage and social debts -€4,506
down €4,506 (-23.7%), from €19,004 to €14,498
- Gross operating margin -€23,297
down €23,297 (-29.9%), from €77,974 to €54,677
- Taxes -€4,651
down €4,651 (-29.9%), from €15,545 to €10,894
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.
Cash bridge derived
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 | €81,283 | €120,124 | +€38,841 | +47.8% |
| Current assets | 29/58 | €81,283 | €120,124 | +€38,841 | +47.8% |
| Amounts receivable within one year | 40/41 | €7,224 | €7,380 | +€156 | +2.2% |
| Trade receivables | 40 | €7,224 | €7,380 | +€156 | +2.2% |
| Cash at bank and in hand | 54/58 | €74,059 | €112,744 | +€38,685 | +52.2% |
| Total equity and liabilities | 10/49 | €81,283 | €120,124 | +€38,841 | +47.8% |
| Equity | 10/15 | €62,140 | €105,357 | +€43,216 | +69.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €61,640 | €104,857 | +€43,216 | +70.1% |
| Distributable reserves | 133 | €61,640 | €104,857 | +€43,216 | +70.1% |
| Amounts payable | 17/49 | €19,143 | €14,768 | -€4,375 | -22.9% |
| Amounts payable within one year | 42/48 | €19,143 | €14,768 | -€4,375 | -22.9% |
| Taxes, remuneration and social security | 45 | €19,004 | €14,498 | -€4,506 | -23.7% |
| Taxes | 450/3 | €19,004 | €14,498 | -€4,506 | -23.7% |
| Other amounts payable | 47/48 | €139 | €269 | +€130 | +93.7% |
| Other operating charges | 640/8 | €772 | €524 | -€248 | -32.1% |
| Gross operating margin | 9900 | €77,974 | €54,677 | -€23,297 | -29.9% |
| Operating profit (loss) | 9901 | €77,202 | €54,154 | -€23,049 | -29.9% |
| Financial charges | 65/66B | €17 | €44 | +€27 | +160.9% |
| Recurring financial charges | 65 | €17 | €44 | +€27 | +160.9% |
| Profit (loss) for the period before taxes | 9903 | €77,186 | €54,110 | -€23,075 | -29.9% |
| Income taxes | 67/77 | €15,545 | €10,894 | -€4,651 | -29.9% |
| Profit (loss) for the period | 9904 | €61,640 | €43,216 | -€18,424 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,640 | €43,216 | -€18,424 | -29.9% |
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 12 October 2026 via checked.be.