VEROKIS: 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.
VEROKIS
Largest movements
- Cash -€40,959
down €40,959 (-49.3%), from €83,134 to €42,175
mainly Investment in fixed assets (net) (-€42,755) and Current investments (-€20,000)
- Tangible fixed assets +€31,415
up €31,415 (+187%), from €16,774 to €48,189
of which Furniture and vehicles: +€16,474
- Current investments +€20,000
new in 2025: €20,000
- Deferred charges and accrued income +€2,850
up €2,850 (+1,146%), from €249 to €3,099
- Stocks and contracts -€2,500
down €2,500 (-62.5%), from €4,000 to €1,500
- Tax, wage and social debts +€16,431
up €16,431 (+123%), from €13,356 to €29,788
of which Taxes: +€14,376
- Trade debts -€12,478
down €12,478 (-68.2%), from €18,287 to €5,809
- Reserves +€10,000
up €10,000 (+66.7%), from €15,000 to €25,000
- Debts after one year -€7,946
down €7,946 (-43.4%), from €18,320 to €10,373
- Profit (loss) carried forward +€3,314
up €3,314 (+15.9%), from €20,816 to €24,130
- Gross operating margin +€28,709
up €28,709 (+32.7%), from €87,888 to €116,597
- Staff costs +€9,252
up €9,252 (+13.5%), from €68,521 to €77,773
- Taxes +€5,210
up €5,210 (+128%), from €4,057 to €9,268
- Depreciation +€3,857
up €3,857 (+51.5%), from €7,483 to €11,340
- Other operating charges +€1,487
up €1,487 (+86.3%), from €1,723 to €3,210
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 | €104,156 | €114,962 | +€10,806 | +10.4% |
| Fixed assets | 21/28 | €16,774 | €48,189 | +€31,415 | +187% |
| Tangible fixed assets | 22/27 | €16,774 | €48,189 | +€31,415 | +187% |
| Plant, machinery and equipment | 23 | €10,002 | €24,942 | +€14,941 | +149% |
| Furniture and vehicles | 24 | €6,772 | €23,247 | +€16,474 | +243% |
| Current assets | 29/58 | €87,383 | €66,774 | -€20,609 | -23.6% |
| Stocks and contracts in progress | 3 | €4,000 | €1,500 | -€2,500 | -62.5% |
| Stocks | 30/36 | €4,000 | €1,500 | -€2,500 | -62.5% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €83,134 | €42,175 | -€40,959 | -49.3% |
| Deferred charges and accrued income | 490/1 | €249 | €3,099 | +€2,850 | +1,146% |
| Total equity and liabilities | 10/49 | €104,156 | €114,962 | +€10,806 | +10.4% |
| Equity | 10/15 | €45,816 | €59,130 | +€13,314 | +29.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Distributable reserves | 133 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Profit (loss) carried forward | 14 | €20,816 | €24,130 | +€3,314 | +15.9% |
| Amounts payable | 17/49 | €58,340 | €55,832 | -€2,508 | -4.3% |
| Amounts payable after more than one year | 17 | €18,320 | €10,373 | -€7,946 | -43.4% |
| Financial debts | 170/4 | €18,320 | €10,373 | -€7,946 | -43.4% |
| Amounts payable within one year | 42/48 | €40,020 | €45,459 | +€5,438 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €4,723 | €4,903 | +€180 | +3.8% |
| Trade debts | 44 | €18,287 | €5,809 | -€12,478 | -68.2% |
| Suppliers | 440/4 | €18,287 | €5,809 | -€12,478 | -68.2% |
| Taxes, remuneration and social security | 45 | €13,356 | €29,788 | +€16,431 | +123% |
| Taxes | 450/3 | €7,397 | €21,773 | +€14,376 | +194% |
| Remuneration and social security | 454/9 | €5,960 | €8,015 | +€2,055 | +34.5% |
| Other amounts payable | 47/48 | €3,654 | €4,958 | +€1,304 | +35.7% |
| Remuneration, social security and pensions | 62 | €68,521 | €77,773 | +€9,252 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,483 | €11,340 | +€3,857 | +51.5% |
| Other operating charges | 640/8 | €1,723 | €3,210 | +€1,487 | +86.3% |
| Gross operating margin | 9900 | €87,888 | €116,597 | +€28,709 | +32.7% |
| Operating profit (loss) | 9901 | €10,161 | €24,274 | +€14,113 | +139% |
| Financial income | 75/76B | €271 | €144 | -€126 | -46.7% |
| Recurring financial income | 75 | €271 | €144 | -€126 | -46.7% |
| Financial charges | 65/66B | €1,343 | €1,837 | +€494 | +36.8% |
| Recurring financial charges | 65 | €1,343 | €1,837 | +€494 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | €9,089 | €22,582 | +€13,493 | +148% |
| Income taxes | 67/77 | €4,057 | €9,268 | +€5,210 | +128% |
| Profit (loss) for the period | 9904 | €5,032 | €13,314 | +€8,282 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €5,032 | €13,314 | +€8,282 | +165% |
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.