VERNAZZA: 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.
VERNAZZA
Largest movements
- Cash -€22,066
down €22,066 (-21.6%), from €102,278 to €80,212
mainly Debts after one year (-€72,722) and Receivables within one year (-€10,694)
- Tangible fixed assets -€16,218
down €16,218 (-4.6%), from €354,058 to €337,839
- Receivables within one year +€10,694
up €10,694 (+153.3%), from €6,973 to €17,667
of which Trade receivables: +€9,500
- Debts after one year -€72,722
down €72,722 (-15.9%), from €456,715 to €383,993
of which Financial debts: -€72,722
- Other debts +€37,985
up €37,985 (+86.4%), from €43,973 to €81,958
- Current portion of long-term debt +€5,261
up €5,261 (+30.1%), from €17,461 to €22,722
- Gross operating margin -€28,111
down €28,111 (-39.7%), from €70,859 to €42,748
- Financial charges +€3,906
up €3,906 (+40.5%), from €9,652 to €13,558
- Other operating charges +€1,774
up €1,774 (+72.4%), from €2,452 to €4,226
- Taxes -€796
down €796, from €624 to -€172
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 | €464,542 | €438,094 | -€26,448 | -5.7% |
| Fixed assets | 21/28 | €354,058 | €337,839 | -€16,218 | -4.6% |
| Tangible fixed assets | 22/27 | €354,058 | €337,839 | -€16,218 | -4.6% |
| Land and buildings | 22 | €354,058 | €337,839 | -€16,218 | -4.6% |
| Current assets | 29/58 | €110,484 | €100,255 | -€10,230 | -9.3% |
| Amounts receivable within one year | 40/41 | €6,973 | €17,667 | +€10,694 | +153.3% |
| Trade receivables | 40 | €6,973 | €16,474 | +€9,500 | +136.2% |
| Other amounts receivable | 41 | - | €1,193 | +€1,193 | |
| Cash at bank and in hand | 54/58 | €102,278 | €80,212 | -€22,066 | -21.6% |
| Deferred charges and accrued income | 490/1 | €1,234 | €2,376 | +€1,142 | +92.6% |
| Total equity and liabilities | 10/49 | €464,542 | €438,094 | -€26,448 | -5.7% |
| Equity | 10/15 | -€59,073 | -€56,243 | +€2,830 | +4.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,073 | -€76,243 | +€2,830 | +3.6% |
| Amounts payable | 17/49 | €523,615 | €494,337 | -€29,279 | -5.6% |
| Amounts payable after more than one year | 17 | €456,715 | €383,993 | -€72,722 | -15.9% |
| Financial debts | 170/4 | €450,285 | €377,563 | -€72,722 | -16.2% |
| Other amounts payable | 178/9 | €6,430 | €6,430 | = | 0.0% |
| Amounts payable within one year | 42/48 | €66,050 | €109,494 | +€43,444 | +65.8% |
| Current portion of amounts payable after more than one year | 42 | €17,461 | €22,722 | +€5,261 | +30.1% |
| Trade debts | 44 | €2,381 | €3,886 | +€1,506 | +63.2% |
| Suppliers | 440/4 | €2,381 | €3,886 | +€1,506 | +63.2% |
| Taxes, remuneration and social security | 45 | €2,235 | €927 | -€1,308 | -58.5% |
| Taxes | 450/3 | €2,235 | €927 | -€1,308 | -58.5% |
| Other amounts payable | 47/48 | €43,973 | €81,958 | +€37,985 | +86.4% |
| Accrued charges and deferred income | 492/3 | €850 | €850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,703 | €22,305 | +€602 | +2.8% |
| Other operating charges | 640/8 | €2,452 | €4,226 | +€1,774 | +72.4% |
| Gross operating margin | 9900 | €70,859 | €42,748 | -€28,111 | -39.7% |
| Operating profit (loss) | 9901 | €46,704 | €16,217 | -€30,487 | -65.3% |
| Financial charges | 65/66B | €9,652 | €13,558 | +€3,906 | +40.5% |
| Recurring financial charges | 65 | €9,652 | €13,558 | +€3,906 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €37,052 | €2,659 | -€34,393 | -92.8% |
| Income taxes | 67/77 | €624 | -€172 | -€796 | |
| Profit (loss) for the period | 9904 | €36,428 | €2,830 | -€33,598 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,428 | €2,830 | -€33,598 | -92.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.