VERNALIS: what changed
Two fiscal 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.
VERNALIS
Largest movements
- Cash +€59,274
up €59,274 (+97.5%), from €60,800 to €120,074
mainly Other debts (+€111,185) and Net result for the year (+€57,891)
- Receivables within one year -€1,522
down €1,522 (-32.5%), from €4,684 to €3,162
of which Other amounts receivable: -€1,522
- Other debts +€111,185
up €111,185 (+2166.0%), from €5,133 to €116,318
- Profit (loss) carried forward -€54,109
down €54,109 (-88.5%), from €61,157 to €7,048
- Gross operating margin +€26,337
up €26,337 (+62.6%), from €42,068 to €68,405
- Taxes -€2,478
down €2,478 (-23.8%), from €10,415 to €7,937
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 | €71,581 | €128,638 | +€57,057 | +79.7% |
| Fixed assets | 21/28 | €2,534 | €1,724 | -€810 | -32.0% |
| Tangible fixed assets | 22/27 | €2,534 | €1,724 | -€810 | -32.0% |
| Plant, machinery and equipment | 23 | €1,158 | €331 | -€827 | -71.4% |
| Furniture and vehicles | 24 | €1,376 | €1,393 | +€17 | +1.2% |
| Current assets | 29/58 | €69,047 | €126,914 | +€57,867 | +83.8% |
| Amounts receivable within one year | 40/41 | €4,684 | €3,162 | -€1,522 | -32.5% |
| Trade receivables | 40 | €99 | €99 | = | 0.0% |
| Other amounts receivable | 41 | €4,585 | €3,063 | -€1,522 | -33.2% |
| Cash at bank and in hand | 54/58 | €60,800 | €120,074 | +€59,274 | +97.5% |
| Deferred charges and accrued income | 490/1 | €3,562 | €3,678 | +€116 | +3.3% |
| Total equity and liabilities | 10/49 | €71,581 | €128,638 | +€57,057 | +79.7% |
| Equity | 10/15 | €63,157 | €9,048 | -€54,109 | -85.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,157 | €7,048 | -€54,109 | -88.5% |
| Amounts payable | 17/49 | €8,423 | €119,590 | +€111,166 | +1319.7% |
| Amounts payable within one year | 42/48 | €8,423 | €119,190 | +€110,767 | +1315.0% |
| Trade debts | 44 | €540 | €122 | -€418 | -77.5% |
| Suppliers | 440/4 | €540 | €122 | -€418 | -77.5% |
| Taxes, remuneration and social security | 45 | €2,750 | €2,750 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €5,133 | €116,318 | +€111,185 | +2166.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €589 | - | -€589 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,752 | €1,954 | +€203 | +11.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €42,068 | €68,405 | +€26,337 | +62.6% |
| Operating profit (loss) | 9901 | €39,340 | €66,052 | +€26,711 | +67.9% |
| Financial charges | 65/66B | €244 | €223 | -€21 | -8.5% |
| Recurring financial charges | 65 | €244 | €223 | -€21 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €39,097 | €65,828 | +€26,732 | +68.4% |
| Income taxes | 67/77 | €10,415 | €7,937 | -€2,478 | -23.8% |
| Profit (loss) for the period | 9904 | €28,682 | €57,891 | +€29,209 | +101.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,682 | €57,891 | +€29,209 | +101.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.