VERPAbeheer: 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.
VERPAbeheer
Largest movements
- Receivables within one year -€300,000
down €300,000 (-85.7%), from €350,000 to €50,000
of which Trade receivables: -€250,000
- Tangible fixed assets +€262,060
up €262,060 (+61.0%), from €429,627 to €691,687
of which Land and buildings: +€283,727
- Cash -€58,032
down €58,032 (-14.4%), from €403,208 to €345,176
mainly Investment in fixed assets (net) (-€300,000) and Other debts (-€143,300)
- Other debts -€143,300
down €143,300 (-39.6%), from €362,093 to €218,793
- Profit (loss) carried forward +€57,714
up €57,714 (+8.4%), from €689,015 to €746,730
- Other operating charges +€38,359
up €38,359 (+14882.7%), from €258 to €38,616
- Taxes -€10,465
down €10,465 (-33.0%), from €31,727 to €21,262
- Depreciation +€6,062
up €6,062 (+19.0%), from €31,878 to €37,940
- Financial income +€3,738
new in 2025: €3,738
- Gross operating margin +€2,187
up €2,187 (+1.3%), from €163,253 to €165,440
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 | €1,182,835 | €1,086,863 | -€95,972 | -8.1% |
| Fixed assets | 21/28 | €429,627 | €691,687 | +€262,060 | +61.0% |
| Tangible fixed assets | 22/27 | €429,627 | €691,687 | +€262,060 | +61.0% |
| Land and buildings | 22 | €407,960 | €691,687 | +€283,727 | +69.5% |
| Furniture and vehicles | 24 | €21,667 | - | -€21,667 | |
| Current assets | 29/58 | €753,208 | €395,176 | -€358,032 | -47.5% |
| Amounts receivable within one year | 40/41 | €350,000 | €50,000 | -€300,000 | -85.7% |
| Trade receivables | 40 | €300,000 | €50,000 | -€250,000 | -83.3% |
| Other amounts receivable | 41 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €403,208 | €345,176 | -€58,032 | -14.4% |
| Total equity and liabilities | 10/49 | €1,182,835 | €1,086,863 | -€95,972 | -8.1% |
| Equity | 10/15 | €789,015 | €846,730 | +€57,714 | +7.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Contributions outside capital | 11 | €100,000 | €100,000 | = | 0.0% |
| Other | 1109/19 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €689,015 | €746,730 | +€57,714 | +8.4% |
| Amounts payable | 17/49 | €393,819 | €240,133 | -€153,686 | -39.0% |
| Amounts payable within one year | 42/48 | €393,819 | €240,133 | -€153,686 | -39.0% |
| Trade debts | 44 | - | €25 | +€25 | |
| Suppliers | 440/4 | - | €25 | +€25 | |
| Taxes, remuneration and social security | 45 | €31,727 | €21,316 | -€10,411 | -32.8% |
| Taxes | 450/3 | €31,727 | €21,316 | -€10,411 | -32.8% |
| Other amounts payable | 47/48 | €362,093 | €218,793 | -€143,300 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,878 | €37,940 | +€6,062 | +19.0% |
| Other operating charges | 640/8 | €258 | €38,616 | +€38,359 | +14882.7% |
| Gross operating margin | 9900 | €163,253 | €165,440 | +€2,187 | +1.3% |
| Operating profit (loss) | 9901 | €131,117 | €88,884 | -€42,233 | -32.2% |
| Financial income | 75/76B | - | €3,738 | +€3,738 | |
| Recurring financial income | 75 | - | €3,738 | +€3,738 | |
| Financial charges | 65/66B | €13,289 | €13,646 | +€357 | +2.7% |
| Recurring financial charges | 65 | €13,289 | €13,646 | +€357 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €117,828 | €78,976 | -€38,852 | -33.0% |
| Income taxes | 67/77 | €31,727 | €21,262 | -€10,465 | -33.0% |
| Profit (loss) for the period | 9904 | €86,102 | €57,714 | -€28,387 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,102 | €57,714 | -€28,387 | -33.0% |
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 12 October 2026 via checked.be.