Veron: 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.
Veron
Largest movements
- Tangible fixed assets -€15,239
down €15,239 (-72.9%), from €20,903 to €5,664
- Receivables within one year +€10,897
up €10,897 (+625%), from €1,743 to €12,640
of which Trade receivables: +€12,640
- Other debts -€79,247
down €79,247 (-16.4%), from €482,899 to €403,652
- Profit (loss) carried forward +€55,458
up €55,458 (+11.3%), from -€490,016 to -€434,558
- Tax, wage and social debts +€18,099
up €18,099 (+369%), from €4,910 to €23,009
- Short-term financial debts +€1,313
up €1,313 (+996%), from €132 to €1,445
- Gross operating margin +€86,519
up €86,519, from -€14,362 to €72,156
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 | €23,887 | €19,701 | -€4,186 | -17.5% |
| Fixed assets | 21/28 | €20,903 | €5,664 | -€15,239 | -72.9% |
| Tangible fixed assets | 22/27 | €20,903 | €5,664 | -€15,239 | -72.9% |
| Furniture and vehicles | 24 | €20,903 | €5,664 | -€15,239 | -72.9% |
| Current assets | 29/58 | €2,984 | €14,037 | +€11,053 | +370% |
| Amounts receivable within one year | 40/41 | €1,743 | €12,640 | +€10,897 | +625% |
| Trade receivables | 40 | €0 | €12,640 | +€12,640 | |
| Other amounts receivable | 41 | €1,743 | €0 | -€1,743 | -100% |
| Cash at bank and in hand | 54/58 | €1,241 | €1,397 | +€156 | +12.5% |
| Total equity and liabilities | 10/49 | €23,887 | €19,701 | -€4,186 | -17.5% |
| Equity | 10/15 | -€464,477 | -€409,019 | +€55,458 | +11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,939 | €6,939 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,939 | €6,939 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€490,016 | -€434,558 | +€55,458 | +11.3% |
| Amounts payable | 17/49 | €488,364 | €428,720 | -€59,644 | -12.2% |
| Amounts payable within one year | 42/48 | €488,364 | €428,720 | -€59,644 | -12.2% |
| Financial debts | 43 | €132 | €1,445 | +€1,313 | +996% |
| Credit institutions | 430/8 | €132 | €1,445 | +€1,313 | +996% |
| Trade debts | 44 | €423 | €614 | +€191 | +45.1% |
| Suppliers | 440/4 | €423 | €614 | +€191 | +45.1% |
| Taxes, remuneration and social security | 45 | €4,910 | €23,009 | +€18,099 | +369% |
| Taxes | 450/3 | €4,910 | €23,009 | +€18,099 | +369% |
| Other amounts payable | 47/48 | €482,899 | €403,652 | -€79,247 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,239 | €15,239 | = | 0.0% |
| Other operating charges | 640/8 | €511 | €931 | +€420 | +82.0% |
| Gross operating margin | 9900 | -€14,362 | €72,156 | +€86,519 | |
| Operating profit (loss) | 9901 | -€30,113 | €55,986 | +€86,099 | |
| Financial income | 75/76B | €16 | €0 | -€16 | -100% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -100% |
| Financial charges | 65/66B | €54 | €180 | +€125 | +232% |
| Recurring financial charges | 65 | €54 | €180 | +€125 | +232% |
| Profit (loss) for the period before taxes | 9903 | -€30,151 | €55,807 | +€85,958 | |
| Income taxes | 67/77 | €357 | €349 | -€7 | -2.1% |
| Profit (loss) for the period | 9904 | -€30,507 | €55,458 | +€85,965 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,507 | €55,458 | +€85,965 |
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 15 October 2026 via checked.be.