VERO CAFFÉ: 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.
VERO CAFFÉ
Largest movements
- Cash +€12,025
up €12,025 (+69.0%), from €17,418 to €29,443
mainly Trade debts (+€24,554) and Depreciation (+€11,590)
- Receivables within one year +€11,809
up €11,809 (+143.3%), from €8,240 to €20,049
of which Other amounts receivable: +€20,049
- Tangible fixed assets -€3,866
down €3,866 (-8.6%), from €44,979 to €41,114
of which Other tangible fixed assets: -€4,182
- Stocks and contracts +€1,928
up €1,928 (+31.3%), from €6,152 to €8,079
- Trade debts +€24,554
up €24,554 (+743.9%), from €3,301 to €27,855
- Tax, wage and social debts -€15,597
down €15,597 (-47.3%), from €32,951 to €17,355
of which Remuneration and social security: -€15,902
- Debts after one year +€9,241
up €9,241 (+79.0%), from €11,695 to €20,936
- Other debts +€3,978
up €3,978 (+2805.7%), from €142 to €4,120
- Current portion of long-term debt +€3,942
up €3,942 (+70.5%), from €5,589 to €9,531
- Gross operating margin -€188,042
down €188,042 (-71.7%), from €262,167 to €74,125
- Staff costs -€155,962
down €155,962 (-75.2%), from €207,371 to €51,409
- Depreciation -€6,801
down €6,801 (-37.0%), from €18,391 to €11,590
- Taxes -€5,964
down €5,964 (-82.4%), from €7,238 to €1,274
- Financial charges -€5,862
down €5,862 (-47.1%), from €12,457 to €6,594
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 | €81,889 | €103,785 | +€21,896 | +26.7% |
| Fixed assets | 21/28 | €50,079 | €46,214 | -€3,866 | -7.7% |
| Tangible fixed assets | 22/27 | €44,979 | €41,114 | -€3,866 | -8.6% |
| Plant, machinery and equipment | 23 | €10,394 | €9,005 | -€1,388 | -13.4% |
| Furniture and vehicles | 24 | €7,843 | €9,547 | +€1,704 | +21.7% |
| Other tangible fixed assets | 26 | €26,743 | €22,562 | -€4,182 | -15.6% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €31,809 | €57,571 | +€25,762 | +81.0% |
| Stocks and contracts in progress | 3 | €6,152 | €8,079 | +€1,928 | +31.3% |
| Stocks | 30/36 | €6,152 | €8,079 | +€1,928 | +31.3% |
| Amounts receivable within one year | 40/41 | €8,240 | €20,049 | +€11,809 | +143.3% |
| Trade receivables | 40 | €8,240 | - | -€8,240 | |
| Other amounts receivable | 41 | - | €20,049 | +€20,049 | |
| Cash at bank and in hand | 54/58 | €17,418 | €29,443 | +€12,025 | +69.0% |
| Total equity and liabilities | 10/49 | €81,889 | €103,785 | +€21,896 | +26.7% |
| Equity | 10/15 | €22,256 | €21,532 | -€724 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,656 | €2,932 | -€724 | -19.8% |
| Amounts payable | 17/49 | €59,632 | €82,252 | +€22,620 | +37.9% |
| Amounts payable after more than one year | 17 | €11,695 | €20,936 | +€9,241 | +79.0% |
| Financial debts | 170/4 | €11,695 | €20,936 | +€9,241 | +79.0% |
| Amounts payable within one year | 42/48 | €41,983 | €58,860 | +€16,877 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €5,589 | €9,531 | +€3,942 | +70.5% |
| Trade debts | 44 | €3,301 | €27,855 | +€24,554 | +743.9% |
| Suppliers | 440/4 | €3,301 | €27,855 | +€24,554 | +743.9% |
| Taxes, remuneration and social security | 45 | €32,951 | €17,355 | -€15,597 | -47.3% |
| Taxes | 450/3 | €15,822 | €16,127 | +€305 | +1.9% |
| Remuneration and social security | 454/9 | €17,129 | €1,227 | -€15,902 | -92.8% |
| Other amounts payable | 47/48 | €142 | €4,120 | +€3,978 | +2805.7% |
| Accrued charges and deferred income | 492/3 | €5,954 | €2,456 | -€3,499 | -58.8% |
| Remuneration, social security and pensions | 62 | €207,371 | €51,409 | -€155,962 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,391 | €11,590 | -€6,801 | -37.0% |
| Other operating charges | 640/8 | €6,407 | €4,009 | -€2,398 | -37.4% |
| Gross operating margin | 9900 | €262,167 | €74,125 | -€188,042 | -71.7% |
| Operating profit (loss) | 9901 | €29,998 | €7,117 | -€22,880 | -76.3% |
| Financial income | 75/76B | €14 | €27 | +€13 | +91.6% |
| Recurring financial income | 75 | €14 | €27 | +€13 | +91.6% |
| Financial charges | 65/66B | €12,457 | €6,594 | -€5,862 | -47.1% |
| Recurring financial charges | 65 | €12,457 | €6,594 | -€5,862 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €17,555 | €550 | -€17,005 | -96.9% |
| Income taxes | 67/77 | €7,238 | €1,274 | -€5,964 | -82.4% |
| Profit (loss) for the period | 9904 | €10,317 | -€724 | -€11,041 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,317 | -€724 | -€11,041 |
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 7 October 2026 via checked.be.