Veropas: 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.
Veropas
Largest movements
- Cash +€39,867
up €39,867 (+2,924%), from €1,364 to €41,230
mainly Net result for the year (+€39,586) and Depreciation (+€39,121)
- Tangible fixed assets -€39,121
down €39,121 (-7.7%), from €510,570 to €471,449
of which Land and buildings: -€36,563
- Receivables within one year -€7,377
down €7,377 (-99.9%), from €7,385 to €8
of which Trade receivables: -€7,377
- Debts after one year -€63,323
down €63,323 (-15.0%), from €423,175 to €359,852
- Profit (loss) carried forward +€39,586
up €39,586 (+22.6%), from -€174,902 to -€135,316
- Accrued charges and deferred income +€10,000
up €10,000, from €0 to €10,000
- Current portion of long-term debt +€7,080
up €7,080 (+11.6%), from €61,147 to €68,227
- Gross operating margin +€97,584
up €97,584 (+1,166%), from €8,372 to €105,956
- Other operating charges +€11,515
up €11,515 (+2,193%), from €525 to €12,039
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 | €519,319 | €512,687 | -€6,632 | -1.3% |
| Fixed assets | 21/28 | €510,570 | €471,449 | -€39,121 | -7.7% |
| Tangible fixed assets | 22/27 | €510,570 | €471,449 | -€39,121 | -7.7% |
| Land and buildings | 22 | €489,233 | €452,671 | -€36,563 | -7.5% |
| Plant, machinery and equipment | 23 | €21,337 | €18,778 | -€2,559 | -12.0% |
| Current assets | 29/58 | €8,749 | €41,239 | +€32,490 | +371% |
| Amounts receivable within one year | 40/41 | €7,385 | €8 | -€7,377 | -99.9% |
| Trade receivables | 40 | €7,377 | €0 | -€7,377 | -100% |
| Other amounts receivable | 41 | €8 | €8 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,364 | €41,230 | +€39,867 | +2,924% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €519,319 | €512,687 | -€6,632 | -1.3% |
| Equity | 10/15 | -€39,902 | -€316 | +€39,586 | +99.2% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€174,902 | -€135,316 | +€39,586 | +22.6% |
| Amounts payable | 17/49 | €559,221 | €513,004 | -€46,217 | -8.3% |
| Amounts payable after more than one year | 17 | €423,175 | €359,852 | -€63,323 | -15.0% |
| Financial debts | 170/4 | €423,175 | €359,852 | -€63,323 | -15.0% |
| Amounts payable within one year | 42/48 | €136,046 | €143,151 | +€7,105 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €61,147 | €68,227 | +€7,080 | +11.6% |
| Trade debts | 44 | €22,371 | €22,401 | +€30 | +0.1% |
| Suppliers | 440/4 | €22,371 | €22,401 | +€30 | +0.1% |
| Taxes, remuneration and social security | 45 | €5 | €0 | -€5 | -100% |
| Taxes | 450/3 | €5 | €0 | -€5 | -100% |
| Other amounts payable | 47/48 | €52,523 | €52,523 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,121 | €39,121 | = | 0.0% |
| Other operating charges | 640/8 | €525 | €12,039 | +€11,515 | +2,193% |
| Gross operating margin | 9900 | €8,372 | €105,956 | +€97,584 | +1,166% |
| Operating profit (loss) | 9901 | -€31,274 | €54,795 | +€86,069 | |
| Financial charges | 65/66B | €15,772 | €15,209 | -€563 | -3.6% |
| Recurring financial charges | 65 | €15,772 | €15,209 | -€563 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€47,046 | €39,586 | +€86,632 | |
| Profit (loss) for the period | 9904 | -€47,046 | €39,586 | +€86,632 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,046 | €39,586 | +€86,632 |
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 19 October 2026 via checked.be.