VEROKA: 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.
VEROKA
Largest movements
- Cash +€12,148
up €12,148 (+16.2%), from €75,083 to €87,232
mainly Other debts (+€26,310) and Net result for the year (+€19,802)
- Receivables within one year -€9,301
down €9,301 (-33.4%), from €27,848 to €18,547
of which Trade receivables: -€6,848
- Tangible fixed assets -€5,546
down €5,546 (-28.1%), from €19,734 to €14,188
of which Furniture and vehicles: -€3,417
- Deferred charges and accrued income +€2,418
up €2,418 (+480.5%), from €503 to €2,921
- Reserves -€27,808
down €27,808 (-38.7%), from €71,928 to €44,120
of which Distributable reserves: -€27,808
- Other debts +€26,310
up €26,310 (+101.9%), from €25,812 to €52,121
- Accrued charges and deferred income -€2,092
down €2,092 (-78.3%), from €2,672 to €580
- Tax, wage and social debts +€1,967
up €1,967 (+65.6%), from €3,000 to €4,967
- Trade debts +€1,470
up €1,470 (+127.1%), from €1,157 to €2,627
- Gross operating margin -€6,638
down €6,638 (-15.7%), from €42,302 to €35,664
- Depreciation +€1,426
up €1,426 (+34.6%), from €4,119 to €5,546
- Financial charges -€884
down €884 (-31.2%), from €2,833 to €1,949
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 | €123,168 | €122,888 | -€280 | -0.2% |
| Fixed assets | 21/28 | €19,734 | €14,188 | -€5,546 | -28.1% |
| Tangible fixed assets | 22/27 | €19,734 | €14,188 | -€5,546 | -28.1% |
| Land and buildings | 22 | €9,438 | €8,324 | -€1,114 | -11.8% |
| Plant, machinery and equipment | 23 | €1,168 | €153 | -€1,015 | -86.9% |
| Furniture and vehicles | 24 | €9,129 | €5,712 | -€3,417 | -37.4% |
| Current assets | 29/58 | €103,434 | €108,700 | +€5,265 | +5.1% |
| Amounts receivable within one year | 40/41 | €27,848 | €18,547 | -€9,301 | -33.4% |
| Trade receivables | 40 | €19,526 | €12,678 | -€6,848 | -35.1% |
| Other amounts receivable | 41 | €8,322 | €5,868 | -€2,453 | -29.5% |
| Cash at bank and in hand | 54/58 | €75,083 | €87,232 | +€12,148 | +16.2% |
| Deferred charges and accrued income | 490/1 | €503 | €2,921 | +€2,418 | +480.5% |
| Total equity and liabilities | 10/49 | €123,168 | €122,888 | -€280 | -0.2% |
| Equity | 10/15 | €90,528 | €62,592 | -€27,936 | -30.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,928 | €44,120 | -€27,808 | -38.7% |
| Tax-exempt reserves | 132 | €260 | €260 | = | 0.0% |
| Distributable reserves | 133 | €71,668 | €43,860 | -€27,808 | -38.8% |
| Profit (loss) carried forward | 14 | €0 | -€128 | -€128 | |
| Amounts payable | 17/49 | €32,640 | €60,296 | +€27,656 | +84.7% |
| Amounts payable within one year | 42/48 | €29,968 | €59,716 | +€29,748 | +99.3% |
| Trade debts | 44 | €1,157 | €2,627 | +€1,470 | +127.1% |
| Suppliers | 440/4 | €1,157 | €2,627 | +€1,470 | +127.1% |
| Taxes, remuneration and social security | 45 | €3,000 | €4,967 | +€1,967 | +65.6% |
| Taxes | 450/3 | €3,000 | €4,967 | +€1,967 | +65.6% |
| Other amounts payable | 47/48 | €25,812 | €52,121 | +€26,310 | +101.9% |
| Accrued charges and deferred income | 492/3 | €2,672 | €580 | -€2,092 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,119 | €5,546 | +€1,426 | +34.6% |
| Other operating charges | 640/8 | €1,087 | €1,246 | +€159 | +14.7% |
| Gross operating margin | 9900 | €42,302 | €35,664 | -€6,638 | -15.7% |
| Operating profit (loss) | 9901 | €37,096 | €28,873 | -€8,224 | -22.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +800.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +800.0% |
| Financial charges | 65/66B | €2,833 | €1,949 | -€884 | -31.2% |
| Recurring financial charges | 65 | €2,833 | €1,949 | -€884 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €34,263 | €26,923 | -€7,340 | -21.4% |
| Income taxes | 67/77 | €7,256 | €7,121 | -€135 | -1.9% |
| Profit (loss) for the period | 9904 | €27,007 | €19,802 | -€7,205 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,007 | €19,802 | -€7,205 | -26.7% |
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.