Verode Group: 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.
Verode Group
Largest movements
- Receivables within one year -€307,254
down €307,254 (-99.9%), from €307,516 to €262
- Short-term financial debts -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Profit (loss) carried forward +€757,231
up €757,231, from -€307,335 to €449,896
- Debts after one year -€288,615
down €288,615 (-16.3%), from €1.8m to €1.5m
- Other debts +€253,525
up €253,525 (+7.0%), from €3.6m to €3.9m
- Financial income +€1.0m
up €1.0m (+120020828.6%), from €1 to €1.0m
- Financial charges -€30,051
down €30,051 (-11.0%), from €272,626 to €242,575
- Gross operating margin +€26,290
up €26,290 (+75.9%), from -€34,659 to -€8,369
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 | €6,416,526 | €6,139,968 | -€276,558 | -4.3% |
| Fixed assets | 21/28 | €6,106,000 | €6,106,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,106,000 | €6,106,000 | = | 0.0% |
| Current assets | 29/58 | €310,526 | €33,968 | -€276,558 | -89.1% |
| Amounts receivable within one year | 40/41 | €307,516 | €262 | -€307,254 | -99.9% |
| Other amounts receivable | 41 | €307,516 | €262 | -€307,254 | -99.9% |
| Cash at bank and in hand | 54/58 | €3,010 | €33,706 | +€30,696 | +1019.7% |
| Total equity and liabilities | 10/49 | €6,416,526 | €6,139,968 | -€276,558 | -4.3% |
| Equity | 10/15 | -€297,335 | €459,896 | +€757,231 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€307,335 | €449,896 | +€757,231 | |
| Amounts payable | 17/49 | €6,713,861 | €5,680,072 | -€1.0m | -15.4% |
| Amounts payable after more than one year | 17 | €1,770,634 | €1,482,019 | -€288,615 | -16.3% |
| Financial debts | 170/4 | €1,770,634 | €1,482,019 | -€288,615 | -16.3% |
| Amounts payable within one year | 42/48 | €4,943,226 | €4,177,707 | -€765,519 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €268,813 | €280,486 | +€11,673 | +4.3% |
| Financial debts | 43 | €1,000,000 | €0 | -€1.0m | -100.0% |
| Credit institutions | 430/8 | €1,000,000 | €0 | -€1.0m | -100.0% |
| Trade debts | 44 | €8,030 | €644 | -€7,385 | -92.0% |
| Suppliers | 440/4 | €8,030 | €644 | -€7,385 | -92.0% |
| Taxes, remuneration and social security | 45 | €23,332 | €0 | -€23,332 | -100.0% |
| Taxes | 450/3 | €23,332 | €0 | -€23,332 | -100.0% |
| Other amounts payable | 47/48 | €3,643,052 | €3,896,576 | +€253,525 | +7.0% |
| Accrued charges and deferred income | 492/3 | - | €20,346 | +€20,346 | |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100.0% |
| Gross operating margin | 9900 | -€34,659 | -€8,369 | +€26,290 | +75.9% |
| Operating profit (loss) | 9901 | -€34,709 | -€8,369 | +€26,340 | +75.9% |
| Financial income | 75/76B | €1 | €1,008,176 | +€1.0m | +120020828.6% |
| Recurring financial income | 75 | €1 | €1,008,176 | +€1.0m | +120020828.6% |
| Financial charges | 65/66B | €272,626 | €242,575 | -€30,051 | -11.0% |
| Recurring financial charges | 65 | €272,626 | €242,575 | -€30,051 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€307,335 | €757,231 | +€1.1m | |
| Profit (loss) for the period | 9904 | -€307,335 | €757,231 | +€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€307,335 | €757,231 | +€1.1m |
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 10 October 2026 via checked.be.