VERO CONSULTING: 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.
VERO CONSULTING
Largest movements
- Tangible fixed assets +€54,134
up €54,134 (+13.2%), from €411,112 to €465,246
of which Land and buildings: +€66,290
- Intangible fixed assets +€46,928
up €46,928 (+6.3%), from €748,818 to €795,746
- Cash -€31,665
no longer reported in 2024 (was €31,665)
mainly Investment in fixed assets (net) (-€261,258) and Net result for the year (-€131,810)
- Profit (loss) carried forward -€131,810
down €131,810 (-71.6%), from -€183,995 to -€315,805
- Trade debts +€101,785
up €101,785 (+112%), from €90,573 to €192,358
- Current portion of long-term debt +€89,589
up €89,589 (+439%), from €20,402 to €109,991
- Debts after one year -€29,095
down €29,095 (-2.3%), from €1.3m to €1.3m
of which Financial debts: -€20,436
- Tax, wage and social debts +€24,271
up €24,271 (+2,849%), from €852 to €25,123
- Depreciation +€126,444
up €126,444 (+375%), from €33,752 to €160,196
- Other operating charges -€6,745
down €6,745 (-54.9%), from €12,296 to €5,551
- Gross operating margin +€3,125
up €3,125 (+8.6%), from €36,291 to €39,416
- Taxes -€427
no longer reported in 2024 (was €427)
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,254,639 | €1,329,142 | +€74,503 | +5.9% |
| Fixed assets | 21/28 | €1,159,930 | €1,260,992 | +€101,062 | +8.7% |
| Intangible fixed assets | 21 | €748,818 | €795,746 | +€46,928 | +6.3% |
| Tangible fixed assets | 22/27 | €411,112 | €465,246 | +€54,134 | +13.2% |
| Land and buildings | 22 | €335,019 | €401,309 | +€66,290 | +19.8% |
| Plant, machinery and equipment | 23 | €41,404 | €45,511 | +€4,107 | +9.9% |
| Furniture and vehicles | 24 | €34,689 | €18,426 | -€16,263 | -46.9% |
| Current assets | 29/58 | €94,709 | €68,150 | -€26,559 | -28.0% |
| Amounts receivable within one year | 40/41 | €63,044 | €68,150 | +€5,106 | +8.1% |
| Trade receivables | 40 | €28,500 | €66,477 | +€37,977 | +133% |
| Other amounts receivable | 41 | €34,544 | €1,673 | -€32,871 | -95.2% |
| Cash at bank and in hand | 54/58 | €31,665 | - | -€31,665 | |
| Total equity and liabilities | 10/49 | €1,254,639 | €1,329,142 | +€74,503 | +5.9% |
| Equity | 10/15 | -€157,446 | -€289,256 | -€131,810 | -83.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,949 | €7,949 | = | 0.0% |
| Distributable reserves | 133 | €7,949 | €7,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,995 | -€315,805 | -€131,810 | -71.6% |
| Amounts payable | 17/49 | €1,412,085 | €1,618,398 | +€206,313 | +14.6% |
| Amounts payable after more than one year | 17 | €1,282,785 | €1,253,690 | -€29,095 | -2.3% |
| Financial debts | 170/4 | €198,781 | €178,345 | -€20,436 | -10.3% |
| Other amounts payable | 178/9 | €1,084,004 | €1,075,345 | -€8,659 | -0.8% |
| Amounts payable within one year | 42/48 | €129,300 | €364,708 | +€235,408 | +182% |
| Current portion of amounts payable after more than one year | 42 | €20,402 | €109,991 | +€89,589 | +439% |
| Financial debts | 43 | - | €5,307 | +€5,307 | |
| Credit institutions | 430/8 | - | €5,307 | +€5,307 | |
| Trade debts | 44 | €90,573 | €192,358 | +€101,785 | +112% |
| Suppliers | 440/4 | €90,573 | €192,358 | +€101,785 | +112% |
| Taxes, remuneration and social security | 45 | €852 | €25,123 | +€24,271 | +2,849% |
| Taxes | 450/3 | €852 | €25,123 | +€24,271 | +2,849% |
| Other amounts payable | 47/48 | €17,473 | €31,929 | +€14,456 | +82.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,752 | €160,196 | +€126,444 | +375% |
| Other operating charges | 640/8 | €12,296 | €5,551 | -€6,745 | -54.9% |
| Gross operating margin | 9900 | €36,291 | €39,416 | +€3,125 | +8.6% |
| Operating profit (loss) | 9901 | -€9,757 | -€126,331 | -€116,574 | -1,195% |
| Financial charges | 65/66B | €5,327 | €5,479 | +€152 | +2.9% |
| Recurring financial charges | 65 | €5,327 | €5,479 | +€152 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,084 | -€131,810 | -€116,726 | -774% |
| Income taxes | 67/77 | €427 | - | -€427 | |
| Profit (loss) for the period | 9904 | -€15,511 | -€131,810 | -€116,299 | -750% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,511 | -€131,810 | -€116,299 | -750% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.