VERO I NV: 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 I NV
Largest movements
- Tangible fixed assets -€12,865
down €12,865 (-6.7%), from €191,400 to €178,535
- Cash +€7,246
up €7,246 (+12.0%), from €60,549 to €67,795
mainly Depreciation (+€12,865)
- Profit (loss) carried forward -€5,425
down €5,425 (-2.7%), from -€198,000 to -€203,425
- Gross operating margin +€5,710
up €5,710 (+110%), from €5,214 to €10,924
- Other operating charges +€200
up €200 (+6.2%), from €3,238 to €3,438
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.
Derived cash bridge
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 | €257,000 | €251,575 | -€5,425 | -2.1% |
| Fixed assets | 21/28 | €196,427 | €183,756 | -€12,671 | -6.5% |
| Tangible fixed assets | 22/27 | €191,400 | €178,535 | -€12,865 | -6.7% |
| Land and buildings | 22 | €191,400 | €178,535 | -€12,865 | -6.7% |
| Financial fixed assets | 28 | €5,027 | €5,221 | +€194 | +3.9% |
| Current assets | 29/58 | €60,573 | €67,819 | +€7,246 | +12.0% |
| Amounts receivable within one year | 40/41 | €24 | €24 | = | 0.0% |
| Trade receivables | 40 | €24 | €24 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,549 | €67,795 | +€7,246 | +12.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €257,000 | €251,575 | -€5,425 | -2.1% |
| Equity | 10/15 | €257,000 | €251,575 | -€5,425 | -2.1% |
| Contributions | 10/11 | €455,000 | €455,000 | = | 0.0% |
| Capital | 10 | €455,000 | €455,000 | = | 0.0% |
| Issued capital | 100 | €650,000 | €650,000 | = | 0.0% |
| Uncalled capital | 101 | €195,000 | €195,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€198,000 | -€203,425 | -€5,425 | -2.7% |
| Amounts payable | 17/49 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €0 | €0 | = | |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,865 | €12,865 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,238 | €3,438 | +€200 | +6.2% |
| Gross operating margin | 9900 | €5,214 | €10,924 | +€5,710 | +110% |
| Operating profit (loss) | 9901 | -€10,890 | -€5,380 | +€5,510 | +50.6% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,933 | -€5,425 | +€5,508 | +50.4% |
| Profit (loss) for the period | 9904 | -€10,933 | -€5,425 | +€5,508 | +50.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,933 | -€5,425 | +€5,508 | +50.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.