VERODAN: 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.
VERODAN
Largest movements
- Cash -€28,061
down €28,061 (-51.7%), from €54,274 to €26,214
mainly Net result for the year (-€9,024) and Receivables within one year (-€6,242)
- Receivables within one year +€6,242
up €6,242 (+64.1%), from €9,744 to €15,986
of which Other amounts receivable: +€6,257
- Tangible fixed assets +€3,631
up €3,631 (+65.3%), from €5,560 to €9,191
of which Other tangible fixed assets: +€5,572
- Stocks and contracts +€795
up €795 (+15.0%), from €5,300 to €6,095
- Profit (loss) carried forward -€9,024
down €9,024 (-91.7%), from €9,838 to €814
- Trade debts -€4,759
down €4,759 (-12.1%), from €39,454 to €34,696
- Tax, wage and social debts -€3,987
down €3,987 (-65.1%), from €6,125 to €2,138
- Financial income -€5,058
down €5,058 (-96.1%), from €5,261 to €203
of which Non-recurring financial income: -€2,679
- Financial charges +€2,931
up €2,931 (+108.8%), from €2,693 to €5,625
- Depreciation -€1,035
down €1,035 (-30.9%), from €3,355 to €2,320
- Other operating charges +€691
up €691 (+55.7%), from €1,240 to €1,931
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 | €75,878 | €58,485 | -€17,393 | -22.9% |
| Fixed assets | 21/28 | €6,560 | €10,191 | +€3,631 | +55.3% |
| Tangible fixed assets | 22/27 | €5,560 | €9,191 | +€3,631 | +65.3% |
| Plant, machinery and equipment | 23 | €1,585 | €308 | -€1,277 | -80.6% |
| Furniture and vehicles | 24 | €2,435 | €1,770 | -€665 | -27.3% |
| Other tangible fixed assets | 26 | €1,540 | €7,113 | +€5,572 | +361.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €69,318 | €48,294 | -€21,024 | -30.3% |
| Stocks and contracts in progress | 3 | €5,300 | €6,095 | +€795 | +15.0% |
| Stocks | 30/36 | €5,300 | €6,095 | +€795 | +15.0% |
| Amounts receivable within one year | 40/41 | €9,744 | €15,986 | +€6,242 | +64.1% |
| Trade receivables | 40 | €15 | - | -€15 | |
| Other amounts receivable | 41 | €9,729 | €15,986 | +€6,257 | +64.3% |
| Cash at bank and in hand | 54/58 | €54,274 | €26,214 | -€28,061 | -51.7% |
| Total equity and liabilities | 10/49 | €75,878 | €58,485 | -€17,393 | -22.9% |
| Equity | 10/15 | €30,298 | €21,274 | -€9,024 | -29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,838 | €814 | -€9,024 | -91.7% |
| Amounts payable | 17/49 | €45,580 | €37,211 | -€8,369 | -18.4% |
| Amounts payable within one year | 42/48 | €45,580 | €36,834 | -€8,746 | -19.2% |
| Trade debts | 44 | €39,454 | €34,696 | -€4,759 | -12.1% |
| Suppliers | 440/4 | €39,454 | €34,696 | -€4,759 | -12.1% |
| Taxes, remuneration and social security | 45 | €6,125 | €2,138 | -€3,987 | -65.1% |
| Remuneration and social security | 454/9 | €6,125 | €2,138 | -€3,987 | -65.1% |
| Accrued charges and deferred income | 492/3 | - | €377 | +€377 | |
| Remuneration, social security and pensions | 62 | €54,133 | €54,345 | +€211 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,355 | €2,320 | -€1,035 | -30.9% |
| Other operating charges | 640/8 | €1,240 | €1,931 | +€691 | +55.7% |
| Gross operating margin | 9900 | €54,970 | €54,993 | +€23 | 0.0% |
| Operating profit (loss) | 9901 | -€3,759 | -€3,602 | +€157 | +4.2% |
| Financial income | 75/76B | €5,261 | €203 | -€5,058 | -96.1% |
| Recurring financial income | 75 | €2,581 | €203 | -€2,378 | -92.1% |
| Non-recurring financial income | 76B | €2,679 | - | -€2,679 | |
| Financial charges | 65/66B | €2,693 | €5,625 | +€2,931 | +108.8% |
| Recurring financial charges | 65 | €2,693 | €5,625 | +€2,931 | +108.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,192 | -€9,024 | -€7,832 | -657.2% |
| Profit (loss) for the period | 9904 | -€1,192 | -€9,024 | -€7,832 | -657.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,192 | -€9,024 | -€7,832 | -657.2% |
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 9 October 2026 via checked.be.