VEROPHIL: 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.
VEROPHIL
Largest movements
- Receivables within one year -€12,463
down €12,463 (-58.0%), from €21,501 to €9,037
of which Trade receivables: -€11,882
- Tangible fixed assets -€6,415
down €6,415 (-21.9%), from €29,245 to €22,830
- Cash -€4,894
down €4,894 (-10.5%), from €46,786 to €41,892
mainly Other debts (-€81,062) and Net result for the year (-€18,757)
- Accrued charges and deferred income +€84,650
new in 2025: €84,650
- Other debts -€81,062
no longer reported in 2025 (was €81,062)
- Profit (loss) carried forward -€18,757
down €18,757 (-89.3%), from -€21,014 to -€39,771
- Short-term financial debts -€6,347
no longer reported in 2025 (was €6,347)
- Trade debts -€3,919
no longer reported in 2025 (was €3,919)
- Gross operating margin -€12,075
down €12,075 (-13.0%), from €92,719 to €80,644
- Staff costs +€5,742
up €5,742 (+7.0%), from €81,907 to €87,649
- Depreciation +€3,585
up €3,585 (+127%), from €2,830 to €6,415
- Other operating charges +€1,160
up €1,160 (+63.9%), from €1,816 to €2,976
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 | €97,848 | €74,076 | -€23,772 | -24.3% |
| Fixed assets | 21/28 | €29,562 | €23,147 | -€6,415 | -21.7% |
| Tangible fixed assets | 22/27 | €29,245 | €22,830 | -€6,415 | -21.9% |
| Furniture and vehicles | 24 | €29,245 | €22,830 | -€6,415 | -21.9% |
| Financial fixed assets | 28 | €317 | €317 | = | 0.0% |
| Current assets | 29/58 | €68,286 | €50,929 | -€17,357 | -25.4% |
| Amounts receivable within one year | 40/41 | €21,501 | €9,037 | -€12,463 | -58.0% |
| Trade receivables | 40 | €19,233 | €7,352 | -€11,882 | -61.8% |
| Other amounts receivable | 41 | €2,267 | €1,686 | -€582 | -25.7% |
| Cash at bank and in hand | 54/58 | €46,786 | €41,892 | -€4,894 | -10.5% |
| Total equity and liabilities | 10/49 | €97,848 | €74,076 | -€23,772 | -24.3% |
| Equity | 10/15 | -€554 | -€19,311 | -€18,757 | -3,386% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,014 | -€39,771 | -€18,757 | -89.3% |
| Amounts payable | 17/49 | €98,402 | €93,387 | -€5,015 | -5.1% |
| Amounts payable within one year | 42/48 | €98,402 | €8,737 | -€89,665 | -91.1% |
| Current portion of amounts payable after more than one year | 42 | €373 | €307 | -€65 | -17.6% |
| Financial debts | 43 | €6,347 | - | -€6,347 | |
| Credit institutions | 430/8 | €6,347 | - | -€6,347 | |
| Trade debts | 44 | €3,919 | - | -€3,919 | |
| Suppliers | 440/4 | €3,919 | - | -€3,919 | |
| Taxes, remuneration and social security | 45 | €6,702 | €8,430 | +€1,728 | +25.8% |
| Taxes | 450/3 | €6,702 | €2,218 | -€4,484 | -66.9% |
| Remuneration and social security | 454/9 | - | €6,212 | +€6,212 | |
| Other amounts payable | 47/48 | €81,062 | - | -€81,062 | |
| Accrued charges and deferred income | 492/3 | - | €84,650 | +€84,650 | |
| Remuneration, social security and pensions | 62 | €81,907 | €87,649 | +€5,742 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,830 | €6,415 | +€3,585 | +127% |
| Other operating charges | 640/8 | €1,816 | €2,976 | +€1,160 | +63.9% |
| Gross operating margin | 9900 | €92,719 | €80,644 | -€12,075 | -13.0% |
| Operating profit (loss) | 9901 | €6,166 | -€16,397 | -€22,563 | |
| Financial charges | 65/66B | €2,308 | €2,360 | +€52 | +2.3% |
| Recurring financial charges | 65 | €2,308 | €2,360 | +€52 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €3,858 | -€18,757 | -€22,615 | |
| Profit (loss) for the period | 9904 | €3,858 | -€18,757 | -€22,615 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,858 | -€18,757 | -€22,615 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.