VEROHAM: 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.
VEROHAM
Largest movements
- Financial fixed assets -€289,528
down €289,528 (-30.5%), from €949,037 to €659,509
- Tangible fixed assets -€45,361
down €45,361 (-11.6%), from €392,102 to €346,741
of which Leasing and similar rights: -€27,189
- Profit (loss) carried forward -€206,879
new in 2024: -€206,879
- Current portion of long-term debt -€86,016
down €86,016 (-61.9%), from €139,015 to €52,999
- Other debts -€67,363
down €67,363 (-17.6%), from €383,618 to €316,255
- Debts after one year -€38,399
down €38,399 (-9.5%), from €402,711 to €364,312
- Short-term financial debts +€28,149
up €28,149 (+693.3%), from €4,060 to €32,209
- Financial charges +€289,168
up €289,168 (+1404.4%), from €20,591 to €309,759
of which Non-recurring financial charges: +€289,528
- Financial income +€30,125
up €30,125 (+600.0%), from €5,021 to €35,145
- Gross operating margin -€19,753
down €19,753 (-12.4%), from €158,889 to €139,136
- Taxes -€3,374
down €3,374 (-13.0%), from €25,995 to €22,621
- Depreciation -€1,739
down €1,739 (-3.7%), from €47,100 to €45,361
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.
Cash bridge derived
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 | €1,607,990 | €1,261,606 | -€346,384 | -21.5% |
| Fixed assets | 21/28 | €1,341,139 | €1,006,250 | -€334,889 | -25.0% |
| Tangible fixed assets | 22/27 | €392,102 | €346,741 | -€45,361 | -11.6% |
| Furniture and vehicles | 24 | €18,172 | €0 | -€18,172 | -100.0% |
| Leasing and similar rights | 25 | €373,929 | €346,741 | -€27,189 | -7.3% |
| Financial fixed assets | 28 | €949,037 | €659,509 | -€289,528 | -30.5% |
| Current assets | 29/58 | €266,852 | €255,357 | -€11,495 | -4.3% |
| Amounts receivable after more than one year | 29 | €196,643 | €201,795 | +€5,152 | +2.6% |
| Other amounts receivable | 291 | €196,643 | €201,795 | +€5,152 | +2.6% |
| Amounts receivable within one year | 40/41 | €69,325 | €53,520 | -€15,805 | -22.8% |
| Trade receivables | 40 | €20,000 | €0 | -€20,000 | -100.0% |
| Other amounts receivable | 41 | €49,325 | €53,520 | +€4,195 | +8.5% |
| Cash at bank and in hand | 54/58 | €884 | €42 | -€842 | -95.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,607,990 | €1,261,606 | -€346,384 | -21.5% |
| Equity | 10/15 | €652,720 | €445,841 | -€206,879 | -31.7% |
| Contributions | 10/11 | €492,600 | €492,600 | = | 0.0% |
| Reserves | 13 | €160,120 | €160,120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €158,260 | €158,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€206,879 | -€206,879 | |
| Amounts payable | 17/49 | €955,270 | €815,765 | -€139,505 | -14.6% |
| Amounts payable after more than one year | 17 | €402,711 | €364,312 | -€38,399 | -9.5% |
| Financial debts | 170/4 | €402,711 | €364,312 | -€38,399 | -9.5% |
| Amounts payable within one year | 42/48 | €552,560 | €451,454 | -€101,106 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €139,015 | €52,999 | -€86,016 | -61.9% |
| Financial debts | 43 | €4,060 | €32,209 | +€28,149 | +693.3% |
| Credit institutions | 430/8 | €4,060 | €32,209 | +€28,149 | +693.3% |
| Trade debts | 44 | €11,866 | €13,370 | +€1,503 | +12.7% |
| Suppliers | 440/4 | €11,866 | €13,370 | +€1,503 | +12.7% |
| Taxes, remuneration and social security | 45 | €14,000 | €36,621 | +€22,621 | +161.6% |
| Taxes | 450/3 | €14,000 | €36,621 | +€22,621 | +161.6% |
| Other amounts payable | 47/48 | €383,618 | €316,255 | -€67,363 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,100 | €45,361 | -€1,739 | -3.7% |
| Other operating charges | 640/8 | €3,218 | €3,420 | +€201 | +6.3% |
| Gross operating margin | 9900 | €158,889 | €139,136 | -€19,753 | -12.4% |
| Operating profit (loss) | 9901 | €108,571 | €90,356 | -€18,215 | -16.8% |
| Financial income | 75/76B | €5,021 | €35,145 | +€30,125 | +600.0% |
| Recurring financial income | 75 | €5,021 | €35,145 | +€30,125 | +600.0% |
| Financial charges | 65/66B | €20,591 | €309,759 | +€289,168 | +1404.4% |
| Recurring financial charges | 65 | €20,591 | €20,231 | -€360 | -1.7% |
| Non-recurring financial charges | 66B | - | €289,528 | +€289,528 | |
| Profit (loss) for the period before taxes | 9903 | €93,001 | -€184,258 | -€277,259 | |
| Income taxes | 67/77 | €25,995 | €22,621 | -€3,374 | -13.0% |
| Profit (loss) for the period | 9904 | €67,006 | -€206,879 | -€273,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,006 | -€206,879 | -€273,885 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.