VERONA MODA: 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.
VERONA MODA
Largest movements
- Stocks and contracts -€8,688
down €8,688 (-20.3%), from €42,763 to €34,075
- Cash +€3,518
up €3,518 (+55.4%), from €6,354 to €9,872
mainly Stocks and contracts (+€8,688) and Receivables within one year (+€2,242)
- Receivables within one year -€2,242
down €2,242 (-24.3%), from €9,218 to €6,976
- Tangible fixed assets -€767
down €767 (-60.1%), from €1,275 to €508
- Profit (loss) carried forward -€5,192
down €5,192 (-76.5%), from -€6,790 to -€11,981
- Other debts -€3,852
down €3,852 (-27.1%), from €14,195 to €10,343
- Trade debts +€1,454
up €1,454 (+35.7%), from €4,075 to €5,529
- Gross operating margin -€13,069
down €13,069, from €7,646 to -€5,423
- Financial charges -€1,030
down €1,030 (-68.9%), from €1,495 to €464
- Financial income +€247
up €247 (+14.2%), from €1,735 to €1,983
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 | €61,121 | €53,099 | -€8,022 | -13.1% |
| Fixed assets | 21/28 | €1,275 | €508 | -€767 | -60.1% |
| Tangible fixed assets | 22/27 | €1,275 | €508 | -€767 | -60.1% |
| Other tangible fixed assets | 26 | €1,275 | €508 | -€767 | -60.1% |
| Current assets | 29/58 | €59,845 | €52,591 | -€7,255 | -12.1% |
| Stocks and contracts in progress | 3 | €42,763 | €34,075 | -€8,688 | -20.3% |
| Stocks | 30/36 | €42,763 | €34,075 | -€8,688 | -20.3% |
| Amounts receivable within one year | 40/41 | €9,218 | €6,976 | -€2,242 | -24.3% |
| Trade receivables | 40 | €9,218 | €6,976 | -€2,242 | -24.3% |
| Cash at bank and in hand | 54/58 | €6,354 | €9,872 | +€3,518 | +55.4% |
| Deferred charges and accrued income | 490/1 | €1,510 | €1,668 | +€157 | +10.4% |
| Total equity and liabilities | 10/49 | €61,121 | €53,099 | -€8,022 | -13.1% |
| Equity | 10/15 | €39,529 | €34,338 | -€5,192 | -13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,719 | €27,719 | = | 0.0% |
| Distributable reserves | 133 | €27,719 | €27,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,790 | -€11,981 | -€5,192 | -76.5% |
| Amounts payable | 17/49 | €21,591 | €18,761 | -€2,830 | -13.1% |
| Amounts payable within one year | 42/48 | €21,591 | €18,761 | -€2,830 | -13.1% |
| Trade debts | 44 | €4,075 | €5,529 | +€1,454 | +35.7% |
| Suppliers | 440/4 | €4,075 | €5,529 | +€1,454 | +35.7% |
| Taxes, remuneration and social security | 45 | €3,320 | €2,889 | -€431 | -13.0% |
| Taxes | 450/3 | €3,320 | €2,889 | -€431 | -13.0% |
| Other amounts payable | 47/48 | €14,195 | €10,343 | -€3,852 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €767 | €767 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €7,646 | -€5,423 | -€13,069 | |
| Operating profit (loss) | 9901 | €6,374 | -€6,710 | -€13,084 | |
| Financial income | 75/76B | €1,735 | €1,983 | +€247 | +14.2% |
| Recurring financial income | 75 | €1,735 | €1,983 | +€247 | +14.2% |
| Financial charges | 65/66B | €1,495 | €464 | -€1,030 | -68.9% |
| Recurring financial charges | 65 | €1,495 | €464 | -€1,030 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €6,615 | -€5,192 | -€11,806 | |
| Profit (loss) for the period | 9904 | €6,615 | -€5,192 | -€11,806 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,615 | -€5,192 | -€11,806 |
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 11 October 2026 via checked.be.