VERNO: 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.
What changed
VERNO
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€159,440
2024 · €31,447+€127,992
Equity
€655,938
2024 · €594,498+€61,440
Cash
€7,421
2024 · €7,001+€420
Balance sheet total
€1.9m
2024 · €2.1m-€170,573
Largest movements
Assets
- Tangible fixed assets -€145,463
down €145,463 (-7.4%), from €2.0m to €1.8m
of which Land and buildings: -€96,789
Equity and liabilities
- Short-term financial debts -€200,000
no longer reported in 2025 (was €200,000)
- Debts after one year -€136,000
down €136,000 (-12.2%), from €1.1m to €982,834
- Other debts +€83,750
up €83,750 (+2370.5%), from €3,533 to €87,283
- Reserves +€61,440
up €61,440 (+11.0%), from €557,267 to €618,707
Income statement
- Financial income +€167,156
up €167,156 (+567.6%), from €29,448 to €196,604
- Taxes +€22,632
up €22,632 (+691.5%), from €3,273 to €25,905
- Gross operating margin -€7,916
down €7,916 (-3.3%), from €241,356 to €233,441
- Depreciation +€7,568
up €7,568 (+4.7%), from €162,059 to €169,627
- Financial charges +€4,440
up €4,440 (+7.6%), from €58,584 to €63,024
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.
Result 2024
€31,447
Gross operating margin
-€7,916
Staff costs
+€511
Depreciation
-€7,568
Write-downs
+€2,727
Other operating charges
+€388
Other operating items
-€130
Financial income
+€167,156
Financial charges
-€4,440
Taxes
-€22,632
Deferred taxes and other
-€103
Result 2025
€159,440
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.
From operations
+€465,250
Investment
-€24,163
Financing
-€440,667
Cash 2024
€7,001
From operations (derived)
+€465,250
Net result for the year
+€159,440
Depreciation
+€169,627
Stocks and contracts
+€7,180
Receivables within one year
+€16,851
Deferred charges and accrued income
+€1,499
Trade debts
+€16,593
Tax, wage and social debts
+€5,632
Other debts
+€83,750
Accrued charges and deferred income
+€4,679
Investment (derived)
-€24,163
Investment in fixed assets (net)
-€24,163
Financing
-€440,667
Debts after one year
-€136,000
Current portion of long-term debt
-€6,667
Short-term financial debts
-€200,000
Contributions, distributions and other
-€98,000
Cash 2025
€7,421
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,110,869 | €1,940,296 | -€170,573 | -8.1% |
| Fixed assets | 21/28 | €1,956,423 | €1,810,959 | -€145,463 | -7.4% |
| Tangible fixed assets | 22/27 | €1,955,753 | €1,810,289 | -€145,463 | -7.4% |
| Land and buildings | 22 | €1,806,895 | €1,710,106 | -€96,789 | -5.4% |
| Plant, machinery and equipment | 23 | €135,738 | €90,680 | -€45,058 | -33.2% |
| Furniture and vehicles | 24 | €13,120 | €9,503 | -€3,617 | -27.6% |
| Financial fixed assets | 28 | €670 | €670 | = | 0.0% |
| Current assets | 29/58 | €154,446 | €129,337 | -€25,110 | -16.3% |
| Stocks and contracts in progress | 3 | €74,280 | €67,100 | -€7,180 | -9.7% |
| Stocks | 30/36 | €74,280 | €67,100 | -€7,180 | -9.7% |
| Amounts receivable within one year | 40/41 | €63,206 | €46,355 | -€16,851 | -26.7% |
| Trade receivables | 40 | €6,949 | €7,928 | +€979 | +14.1% |
| Other amounts receivable | 41 | €56,257 | €38,426 | -€17,830 | -31.7% |
| Cash at bank and in hand | 54/58 | €7,001 | €7,421 | +€420 | +6.0% |
| Deferred charges and accrued income | 490/1 | €9,960 | €8,461 | -€1,499 | -15.0% |
| Total equity and liabilities | 10/49 | €2,110,869 | €1,940,296 | -€170,573 | -8.1% |
| Equity | 10/15 | €594,498 | €655,938 | +€61,440 | +10.3% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €557,267 | €618,707 | +€61,440 | +11.0% |
| Distributable reserves | 133 | €557,267 | €618,707 | +€61,440 | +11.0% |
| Profit (loss) carried forward | 14 | €31 | €31 | = | 0.0% |
| Amounts payable | 17/49 | €1,516,371 | €1,284,359 | -€232,013 | -15.3% |
| Amounts payable after more than one year | 17 | €1,118,834 | €982,834 | -€136,000 | -12.2% |
| Financial debts | 170/4 | €1,118,834 | €982,834 | -€136,000 | -12.2% |
| Amounts payable within one year | 42/48 | €397,537 | €296,845 | -€100,692 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €142,667 | €136,000 | -€6,667 | -4.7% |
| Financial debts | 43 | €200,000 | - | -€200,000 | |
| Credit institutions | 430/8 | €200,000 | - | -€200,000 | |
| Trade debts | 44 | €45,965 | €62,558 | +€16,593 | +36.1% |
| Suppliers | 440/4 | €45,965 | €62,558 | +€16,593 | +36.1% |
| Taxes, remuneration and social security | 45 | €5,373 | €11,005 | +€5,632 | +104.8% |
| Taxes | 450/3 | €5,373 | €11,005 | +€5,632 | +104.8% |
| Other amounts payable | 47/48 | €3,533 | €87,283 | +€83,750 | +2370.5% |
| Accrued charges and deferred income | 492/3 | - | €4,679 | +€4,679 | |
| Remuneration, social security and pensions | 62 | €511 | - | -€511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,059 | €169,627 | +€7,568 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,727 | - | -€2,727 | |
| Other operating charges | 640/8 | €11,824 | €11,435 | -€388 | -3.3% |
| Non-recurring operating charges | 66A | €484 | €614 | +€130 | +26.9% |
| Gross operating margin | 9900 | €241,356 | €233,441 | -€7,916 | -3.3% |
| Operating profit (loss) | 9901 | €63,752 | €51,765 | -€11,988 | -18.8% |
| Financial income | 75/76B | €29,448 | €196,604 | +€167,156 | +567.6% |
| Recurring financial income | 75 | €29,448 | €196,604 | +€167,156 | +567.6% |
| Financial charges | 65/66B | €58,584 | €63,024 | +€4,440 | +7.6% |
| Recurring financial charges | 65 | €58,584 | €63,024 | +€4,440 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €34,617 | €185,344 | +€150,728 | +435.4% |
| Transfer from deferred taxes | 780 | €103 | - | -€103 | |
| Income taxes | 67/77 | €3,273 | €25,905 | +€22,632 | +691.5% |
| Profit (loss) for the period | 9904 | €31,447 | €159,440 | +€127,992 | +407.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,447 | €159,440 | +€127,992 | +407.0% |
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 6 October 2026 via checked.be.