VEROPHAR HOLDING: 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.
VEROPHAR HOLDING
Largest movements
- Current investments +€272,000
up €272,000 (+136%), from €200,000 to €472,000
- Cash -€62,530
down €62,530 (-68.1%), from €91,846 to €29,316
mainly Current investments (-€272,000) and Debts after one year (-€163,333)
- Receivables within one year +€54,169
up €54,169 (+23.3%), from €232,269 to €286,438
of which Other amounts receivable: +€53,435
- Tangible fixed assets -€44,811
down €44,811 (-3.7%), from €1.2m to €1.2m
- Reserves +€354,490
up €354,490 (+63.9%), from €555,011 to €909,501
- Debts after one year -€163,333
down €163,333 (-6.8%), from €2.4m to €2.3m
- Other debts +€92,825
up €92,825 (+44,832%), from €207 to €93,032
- Tax, wage and social debts -€83,515
down €83,515 (-74.2%), from €112,598 to €29,083
- Gross operating margin +€194,999
up €194,999 (+58.6%), from €332,686 to €527,686
- Taxes +€52,768
up €52,768 (+89.9%), from €58,728 to €111,497
- Financial income +€18,573
up €18,573 (+253%), from €7,328 to €25,901
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 | €3,791,808 | €4,011,443 | +€219,635 | +5.8% |
| Fixed assets | 21/28 | €3,265,996 | €3,221,185 | -€44,811 | -1.4% |
| Tangible fixed assets | 22/27 | €1,226,996 | €1,182,185 | -€44,811 | -3.7% |
| Land and buildings | 22 | €1,226,996 | €1,182,185 | -€44,811 | -3.7% |
| Financial fixed assets | 28 | €2,039,000 | €2,039,000 | = | 0.0% |
| Current assets | 29/58 | €525,812 | €790,258 | +€264,446 | +50.3% |
| Amounts receivable within one year | 40/41 | €232,269 | €286,438 | +€54,169 | +23.3% |
| Trade receivables | 40 | €896 | €1,630 | +€734 | +81.9% |
| Other amounts receivable | 41 | €231,373 | €284,807 | +€53,435 | +23.1% |
| Current investments | 50/53 | €200,000 | €472,000 | +€272,000 | +136% |
| Cash at bank and in hand | 54/58 | €91,846 | €29,316 | -€62,530 | -68.1% |
| Deferred charges and accrued income | 490/1 | €1,696 | €2,504 | +€808 | +47.6% |
| Total equity and liabilities | 10/49 | €3,791,808 | €4,011,443 | +€219,635 | +5.8% |
| Equity | 10/15 | €1,005,011 | €1,359,501 | +€354,490 | +35.3% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €555,011 | €909,501 | +€354,490 | +63.9% |
| Distributable reserves | 133 | €555,011 | €909,501 | +€354,490 | +63.9% |
| Amounts payable | 17/49 | €2,786,797 | €2,651,942 | -€134,855 | -4.8% |
| Amounts payable after more than one year | 17 | €2,415,000 | €2,251,667 | -€163,333 | -6.8% |
| Financial debts | 170/4 | €2,415,000 | €2,251,667 | -€163,333 | -6.8% |
| Amounts payable within one year | 42/48 | €300,865 | €308,525 | +€7,660 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €163,333 | €163,333 | = | 0.0% |
| Trade debts | 44 | €24,727 | €23,076 | -€1,651 | -6.7% |
| Suppliers | 440/4 | €24,727 | €23,076 | -€1,651 | -6.7% |
| Taxes, remuneration and social security | 45 | €112,598 | €29,083 | -€83,515 | -74.2% |
| Taxes | 450/3 | €112,598 | €29,083 | -€83,515 | -74.2% |
| Other amounts payable | 47/48 | €207 | €93,032 | +€92,825 | +44,832% |
| Accrued charges and deferred income | 492/3 | €70,932 | €91,750 | +€20,818 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,634 | €44,811 | +€178 | +0.4% |
| Other operating charges | 640/8 | €3,068 | €3,381 | +€313 | +10.2% |
| Gross operating margin | 9900 | €332,686 | €527,686 | +€194,999 | +58.6% |
| Operating profit (loss) | 9901 | €284,984 | €479,493 | +€194,508 | +68.3% |
| Financial income | 75/76B | €7,328 | €25,901 | +€18,573 | +253% |
| Recurring financial income | 75 | €7,328 | €25,901 | +€18,573 | +253% |
| Financial charges | 65/66B | €36,874 | €39,406 | +€2,532 | +6.9% |
| Recurring financial charges | 65 | €36,874 | €39,406 | +€2,532 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €255,438 | €465,987 | +€210,549 | +82.4% |
| Income taxes | 67/77 | €58,728 | €111,497 | +€52,768 | +89.9% |
| Profit (loss) for the period | 9904 | €196,710 | €354,490 | +€157,780 | +80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €196,710 | €354,490 | +€157,780 | +80.2% |
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 30 October 2026 via checked.be.