VEROEVEREN: 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.
VEROEVEREN
Largest movements
- Cash +€20,625
up €20,625 (+21.2%), from €97,128 to €117,752
mainly Net result for the year (+€83,089) and Depreciation (+€14,507)
- Current investments +€20,138
up €20,138 (+20.2%), from €99,862 to €120,000
- Tangible fixed assets -€9,290
down €9,290 (-10.1%), from €91,607 to €82,318
of which Furniture and vehicles: -€5,510
- Receivables within one year -€7,053
down €7,053 (-6.4%), from €110,656 to €103,602
of which Other amounts receivable: -€6,719
- Reserves +€39,776
up €39,776 (+11.0%), from €361,685 to €401,461
of which Distributable reserves: +€39,776
- Trade debts -€17,293
down €17,293 (-89.9%), from €19,230 to €1,937
- Gross operating margin +€28,134
up €28,134 (+26.4%), from €106,753 to €134,887
- Financial charges +€9,452
up €9,452, from -€8,133 to €1,320
- Taxes +€5,803
up €5,803 (+19.8%), from €29,257 to €35,060
- Depreciation +€1,958
up €1,958 (+15.6%), from €12,549 to €14,507
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 | €401,959 | €427,783 | +€25,824 | +6.4% |
| Fixed assets | 21/28 | €91,607 | €82,318 | -€9,290 | -10.1% |
| Tangible fixed assets | 22/27 | €91,607 | €82,318 | -€9,290 | -10.1% |
| Land and buildings | 22 | €76,619 | €73,090 | -€3,529 | -4.6% |
| Plant, machinery and equipment | 23 | €2,253 | €2,003 | -€250 | -11.1% |
| Furniture and vehicles | 24 | €12,735 | €7,225 | -€5,510 | -43.3% |
| Current assets | 29/58 | €310,351 | €345,465 | +€35,114 | +11.3% |
| Amounts receivable within one year | 40/41 | €110,656 | €103,602 | -€7,053 | -6.4% |
| Trade receivables | 40 | €97,156 | €96,822 | -€335 | -0.3% |
| Other amounts receivable | 41 | €13,499 | €6,780 | -€6,719 | -49.8% |
| Current investments | 50/53 | €99,862 | €120,000 | +€20,138 | +20.2% |
| Cash at bank and in hand | 54/58 | €97,128 | €117,752 | +€20,625 | +21.2% |
| Deferred charges and accrued income | 490/1 | €2,706 | €4,111 | +€1,404 | +51.9% |
| Total equity and liabilities | 10/49 | €401,959 | €427,783 | +€25,824 | +6.4% |
| Equity | 10/15 | €375,035 | €414,811 | +€39,776 | +10.6% |
| Contributions | 10/11 | €13,350 | €13,350 | = | 0.0% |
| Reserves | 13 | €361,685 | €401,461 | +€39,776 | +11.0% |
| Non-distributable reserves | 130/1 | €10,799 | €10,799 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,799 | €10,799 | = | 0.0% |
| Tax-exempt reserves | 132 | €103 | €103 | = | 0.0% |
| Distributable reserves | 133 | €350,783 | €390,558 | +€39,776 | +11.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,924 | €12,972 | -€13,951 | -51.8% |
| Amounts payable within one year | 42/48 | €26,490 | €11,964 | -€14,526 | -54.8% |
| Trade debts | 44 | €19,230 | €1,937 | -€17,293 | -89.9% |
| Suppliers | 440/4 | €19,230 | €1,937 | -€17,293 | -89.9% |
| Taxes, remuneration and social security | 45 | €7,260 | €10,027 | +€2,767 | +38.1% |
| Taxes | 450/3 | €7,260 | €10,027 | +€2,767 | +38.1% |
| Accrued charges and deferred income | 492/3 | €433 | €1,008 | +€575 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,549 | €14,507 | +€1,958 | +15.6% |
| Other operating charges | 640/8 | €1,789 | €1,779 | -€9 | -0.5% |
| Gross operating margin | 9900 | €106,753 | €134,887 | +€28,134 | +26.4% |
| Operating profit (loss) | 9901 | €92,416 | €118,601 | +€26,185 | +28.3% |
| Financial income | 75/76B | €1,309 | €867 | -€442 | -33.7% |
| Recurring financial income | 75 | €1,309 | €867 | -€442 | -33.7% |
| Financial charges | 65/66B | -€8,133 | €1,320 | +€9,452 | |
| Recurring financial charges | 65 | -€8,133 | €1,320 | +€9,452 | |
| Profit (loss) for the period before taxes | 9903 | €101,858 | €118,149 | +€16,291 | +16.0% |
| Income taxes | 67/77 | €29,257 | €35,060 | +€5,803 | +19.8% |
| Profit (loss) for the period | 9904 | €72,601 | €83,089 | +€10,488 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,601 | €83,089 | +€10,488 | +14.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.