VERONESE T.: what changed
Two fiscal 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.
VERONESE T.
Largest movements
- Deferred charges and accrued income +€13,131
up €13,131 (+2712.2%), from €484 to €13,615
- Cash +€12,933
up €12,933 (+44.1%), from €29,295 to €42,228
mainly Net result for the year (+€18,322) and Receivables within one year (+€4,311)
- Receivables within one year -€4,311
down €4,311 (-85.2%), from €5,058 to €747
of which Trade receivables: -€3,433
- Reserves +€18,000
up €18,000 (+2904.5%), from €620 to €18,620
of which Distributable reserves: +€18,000
- Tax, wage and social debts +€4,187
up €4,187 (+162.4%), from €2,578 to €6,765
- Other debts -€800
down €800 (-4.9%), from €16,368 to €15,568
- Trade debts +€659
up €659 (+525.5%), from €125 to €784
- Gross operating margin +€20,151
up €20,151 (+349.7%), from €5,763 to €25,915
- Taxes +€6,150
new in 2025: €6,150
- Financial charges +€301
up €301 (+166.7%), from €180 to €481
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 | €35,208 | €56,742 | +€21,534 | +61.2% |
| Fixed assets | 21/28 | €371 | €151 | -€220 | -59.2% |
| Tangible fixed assets | 22/27 | €371 | €151 | -€220 | -59.2% |
| Furniture and vehicles | 24 | €371 | €151 | -€220 | -59.2% |
| Current assets | 29/58 | €34,837 | €56,591 | +€21,754 | +62.4% |
| Amounts receivable within one year | 40/41 | €5,058 | €747 | -€4,311 | -85.2% |
| Trade receivables | 40 | €4,180 | €747 | -€3,433 | -82.1% |
| Other amounts receivable | 41 | €878 | - | -€878 | |
| Cash at bank and in hand | 54/58 | €29,295 | €42,228 | +€12,933 | +44.1% |
| Deferred charges and accrued income | 490/1 | €484 | €13,615 | +€13,131 | +2712.2% |
| Total equity and liabilities | 10/49 | €35,208 | €56,742 | +€21,534 | +61.2% |
| Equity | 10/15 | €16,137 | €33,625 | +€17,489 | +108.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Share premium | 1100/10 | €6,197 | - | -€6,197 | |
| Other | 1109/19 | - | €6,197 | +€6,197 | |
| Reserves | 13 | €620 | €18,620 | +€18,000 | +2904.5% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | - | €18,000 | +€18,000 | |
| Profit (loss) carried forward | 14 | €9,320 | €8,808 | -€511 | -5.5% |
| Amounts payable | 17/49 | €19,071 | €23,117 | +€4,046 | +21.2% |
| Amounts payable within one year | 42/48 | €19,071 | €23,117 | +€4,046 | +21.2% |
| Trade debts | 44 | €125 | €784 | +€659 | +525.5% |
| Suppliers | 440/4 | €125 | €784 | +€659 | +525.5% |
| Taxes, remuneration and social security | 45 | €2,578 | €6,765 | +€4,187 | +162.4% |
| Taxes | 450/3 | €2,578 | €6,765 | +€4,187 | +162.4% |
| Other amounts payable | 47/48 | €16,368 | €15,568 | -€800 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220 | €220 | +€0 | 0.0% |
| Other operating charges | 640/8 | €884 | €742 | -€142 | -16.0% |
| Gross operating margin | 9900 | €5,763 | €25,915 | +€20,151 | +349.7% |
| Operating profit (loss) | 9901 | €4,659 | €24,953 | +€20,293 | +435.5% |
| Financial charges | 65/66B | €180 | €481 | +€301 | +166.7% |
| Recurring financial charges | 65 | €180 | €481 | +€301 | +166.7% |
| Profit (loss) for the period before taxes | 9903 | €4,479 | €24,472 | +€19,993 | +446.3% |
| Income taxes | 67/77 | - | €6,150 | +€6,150 | |
| Profit (loss) for the period | 9904 | €4,479 | €18,322 | +€13,843 | +309.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,479 | €18,322 | +€13,843 | +309.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.