VERPI: what changed
What changed
VERPI
NACE 46.231, Wholesale of live animals
filed annual accounts (NBB)
Net result for the year
€58,374
2024 · €63,254-€4,880
Equity
€650,798
2024 · €592,631+€58,167
Cash
€337,072
2024 · €288,416+€48,655
Balance sheet total
€721,536
2024 · €664,877+€56,658
Largest movements
Assets
- Cash +€48,655
up €48,655 (+16.9%), from €288,416 to €337,072
mainly Net result for the year (+€58,374) and Tax, wage and social debts (+€9,733)
- Receivables within one year +€18,293
up €18,293 (+77.5%), from €23,592 to €41,884
of which Other amounts receivable: +€31,358
Equity and liabilities
- Reserves +€58,374
up €58,374 (+13.0%), from €450,638 to €509,012
- Tax, wage and social debts +€9,733
up €9,733 (+56.3%), from €17,280 to €27,013
Income statement
- Depreciation -€13,035
down €13,035 (-69.1%), from €18,873 to €5,838
- Taxes +€10,182
up €10,182 (+31.3%), from €32,527 to €42,709
- Gross operating margin -€6,284
down €6,284 (-5.4%), from €115,469 to €109,185
- Financial income -€1,682
down €1,682 (-19.3%), from €8,732 to €7,049
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€63,254
Gross operating margin
-€6,284
Depreciation
+€13,035
Other operating charges
-€44
Financial income
-€1,682
Financial charges
+€277
Taxes
-€10,182
Result 2025
€58,374
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€53,946
Investment
€0
Financing
-€5,290
Cash 2024
€288,416
From operations (derived)
+€53,946
Net result for the year
+€58,374
Depreciation
+€5,838
Stocks and contracts
+€5,312
Receivables within one year
-€18,293
Deferred charges and accrued income
-€860
Smaller working-capital items
-€96
Trade debts
-€6,062
Tax, wage and social debts
+€9,733
Financing
-€5,290
Debts after one year
-€4,250
Current portion of long-term debt
-€833
Contributions, distributions and other
-€207
Cash 2025
€337,072
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €664,877 | €721,536 | +€56,658 | +8.5% |
| Fixed assets | 21/28 | €194,966 | €189,128 | -€5,838 | -3.0% |
| Tangible fixed assets | 22/27 | €194,966 | €189,128 | -€5,838 | -3.0% |
| Land and buildings | 22 | €184,645 | €182,343 | -€2,302 | -1.2% |
| Plant, machinery and equipment | 23 | €8,446 | €6,165 | -€2,281 | -27.0% |
| Furniture and vehicles | 24 | €1,875 | €621 | -€1,255 | -66.9% |
| Current assets | 29/58 | €469,912 | €532,408 | +€62,496 | +13.3% |
| Stocks and contracts in progress | 3 | €154,722 | €149,410 | -€5,312 | -3.4% |
| Stocks | 30/36 | €154,722 | €149,410 | -€5,312 | -3.4% |
| Amounts receivable within one year | 40/41 | €23,592 | €41,884 | +€18,293 | +77.5% |
| Trade receivables | 40 | €16,732 | €3,667 | -€13,065 | -78.1% |
| Other amounts receivable | 41 | €6,860 | €38,218 | +€31,358 | +457% |
| Cash at bank and in hand | 54/58 | €288,416 | €337,072 | +€48,655 | +16.9% |
| Deferred charges and accrued income | 490/1 | €3,182 | €4,042 | +€860 | +27.0% |
| Total equity and liabilities | 10/49 | €664,877 | €721,536 | +€56,658 | +8.5% |
| Equity | 10/15 | €592,631 | €650,798 | +€58,167 | +9.8% |
| Contributions | 10/11 | €141,205 | €141,205 | = | 0.0% |
| Reserves | 13 | €450,638 | €509,012 | +€58,374 | +13.0% |
| Distributable reserves | 133 | €450,638 | €509,012 | +€58,374 | +13.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €788 | €581 | -€207 | -26.3% |
| Provisions and deferred taxes | 16 | €526 | €387 | -€138 | -26.3% |
| Deferred taxes | 168 | €526 | €387 | -€138 | -26.3% |
| Amounts payable | 17/49 | €71,721 | €70,350 | -€1,371 | -1.9% |
| Amounts payable after more than one year | 17 | €8,499 | €4,249 | -€4,250 | -50.0% |
| Financial debts | 170/4 | €8,499 | €4,249 | -€4,250 | -50.0% |
| Amounts payable within one year | 42/48 | €63,222 | €66,101 | +€2,880 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €5,083 | €4,250 | -€833 | -16.4% |
| Trade debts | 44 | €36,434 | €30,372 | -€6,062 | -16.6% |
| Suppliers | 440/4 | €36,434 | €30,372 | -€6,062 | -16.6% |
| Taxes, remuneration and social security | 45 | €17,280 | €27,013 | +€9,733 | +56.3% |
| Taxes | 450/3 | €17,280 | €27,013 | +€9,733 | +56.3% |
| Other amounts payable | 47/48 | €4,424 | €4,466 | +€42 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,873 | €5,838 | -€13,035 | -69.1% |
| Other operating charges | 640/8 | €6,668 | €6,712 | +€44 | +0.7% |
| Gross operating margin | 9900 | €115,469 | €109,185 | -€6,284 | -5.4% |
| Operating profit (loss) | 9901 | €89,927 | €96,635 | +€6,708 | +7.5% |
| Financial income | 75/76B | €8,732 | €7,049 | -€1,682 | -19.3% |
| Recurring financial income | 75 | €8,732 | €7,049 | -€1,682 | -19.3% |
| Financial charges | 65/66B | €3,017 | €2,740 | -€277 | -9.2% |
| Recurring financial charges | 65 | €3,017 | €2,740 | -€277 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €95,642 | €100,945 | +€5,303 | +5.5% |
| Transfer from deferred taxes | 780 | €138 | €138 | = | 0.0% |
| Income taxes | 67/77 | €32,527 | €42,709 | +€10,182 | +31.3% |
| Profit (loss) for the period | 9904 | €63,254 | €58,374 | -€4,880 | -7.7% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €63,254 | €58,374 | -€4,880 | -7.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.