VEROMATRIX: 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.
VEROMATRIX
Largest movements
- Cash +€36,827
up €36,827 (+13.7%), from €268,005 to €304,832
mainly Net result for the year (+€26,480) and Receivables within one year (+€21,302)
- Receivables within one year -€21,302
down €21,302 (-43.3%), from €49,142 to €27,840
of which Trade receivables: -€28,099
- Tangible fixed assets -€17,421
down €17,421 (-37.5%), from €46,448 to €29,027
of which Furniture and vehicles: -€18,137
- Reserves +€24,814
up €24,814 (+9.2%), from €270,758 to €295,572
of which Distributable reserves: +€24,814
- Trade debts -€24,657
down €24,657 (-78.1%), from €31,560 to €6,903
- Tax, wage and social debts -€6,681
down €6,681 (-38.9%), from €17,162 to €10,481
- Gross operating margin -€89,846
down €89,846 (-58.4%), from €153,937 to €64,091
- Taxes -€28,338
down €28,338 (-67.8%), from €41,796 to €13,458
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 | €367,466 | €365,675 | -€1,791 | -0.5% |
| Fixed assets | 21/28 | €46,448 | €29,027 | -€17,421 | -37.5% |
| Tangible fixed assets | 22/27 | €46,448 | €29,027 | -€17,421 | -37.5% |
| Plant, machinery and equipment | 23 | €1,211 | €3,135 | +€1,923 | +159% |
| Furniture and vehicles | 24 | €41,166 | €23,029 | -€18,137 | -44.1% |
| Other tangible fixed assets | 26 | €4,071 | €2,864 | -€1,207 | -29.7% |
| Current assets | 29/58 | €321,017 | €336,647 | +€15,630 | +4.9% |
| Amounts receivable within one year | 40/41 | €49,142 | €27,840 | -€21,302 | -43.3% |
| Trade receivables | 40 | €49,142 | €21,043 | -€28,099 | -57.2% |
| Other amounts receivable | 41 | - | €6,797 | +€6,797 | |
| Cash at bank and in hand | 54/58 | €268,005 | €304,832 | +€36,827 | +13.7% |
| Deferred charges and accrued income | 490/1 | €3,870 | €3,975 | +€105 | +2.7% |
| Total equity and liabilities | 10/49 | €367,466 | €365,675 | -€1,791 | -0.5% |
| Equity | 10/15 | €311,407 | €336,221 | +€24,814 | +8.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €270,758 | €295,572 | +€24,814 | +9.2% |
| Tax-exempt reserves | 132 | €6,905 | €6,905 | = | 0.0% |
| Distributable reserves | 133 | €263,853 | €288,667 | +€24,814 | +9.4% |
| Profit (loss) carried forward | 14 | €15,859 | €15,859 | = | 0.0% |
| Amounts payable | 17/49 | €56,059 | €29,454 | -€26,605 | -47.5% |
| Amounts payable within one year | 42/48 | €55,342 | €27,038 | -€28,304 | -51.1% |
| Trade debts | 44 | €31,560 | €6,903 | -€24,657 | -78.1% |
| Suppliers | 440/4 | €31,560 | €6,903 | -€24,657 | -78.1% |
| Taxes, remuneration and social security | 45 | €17,162 | €10,481 | -€6,681 | -38.9% |
| Taxes | 450/3 | €17,162 | €10,481 | -€6,681 | -38.9% |
| Other amounts payable | 47/48 | €6,620 | €9,654 | +€3,034 | +45.8% |
| Accrued charges and deferred income | 492/3 | €717 | €2,416 | +€1,699 | +237% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,552 | €20,079 | +€528 | +2.7% |
| Other operating charges | 640/8 | €1,107 | €2,171 | +€1,065 | +96.2% |
| Gross operating margin | 9900 | €153,937 | €64,091 | -€89,846 | -58.4% |
| Operating profit (loss) | 9901 | €133,279 | €41,841 | -€91,438 | -68.6% |
| Financial income | 75/76B | €10 | €864 | +€854 | +8,935% |
| Recurring financial income | 75 | €10 | €864 | +€854 | +8,935% |
| Financial charges | 65/66B | €3,881 | €2,767 | -€1,115 | -28.7% |
| Recurring financial charges | 65 | €3,881 | €2,767 | -€1,115 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €129,407 | €39,938 | -€89,469 | -69.1% |
| Income taxes | 67/77 | €41,796 | €13,458 | -€28,338 | -67.8% |
| Profit (loss) for the period | 9904 | €87,611 | €26,480 | -€61,132 | -69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €87,611 | €26,480 | -€61,132 | -69.8% |
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 25 October 2026 via checked.be.