VERPO: what changed
Two fiscal 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.
VERPO
Largest movements
- Current assets +€37,312
up €37,312 (+40.0%), from €93,242 to €130,554
of which Stocks and contracts: +€51,828
- Debts within one year +€50,975
up €50,975 (+71.3%), from €71,500 to €122,475
of which Tax, wage and social debts: +€36,820
- Debts after one year -€15,958
down €15,958 (-36.1%), from €44,162 to €28,204
- Staff costs +€12,593
new in 2022: €12,593
- Financial charges +€7,267
new in 2022: €7,267
- Gross operating margin +€3,785
up €3,785 (+14.3%), from €26,481 to €30,267
- Other operating charges +€1,429
new in 2022: €1,429
- Taxes +€1,254
up €1,254 (+626.9%), from €200 to €1,454
From the 2021 result to the 2022 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,264 | €163,686 | +€35,422 | +27.6% |
| Fixed assets | 21/28 | €35,022 | €33,132 | -€1,890 | -5.4% |
| Intangible fixed assets | 21 | €12,433 | €10,933 | -€1,500 | -12.1% |
| Tangible fixed assets | 22/27 | €16,514 | €16,124 | -€390 | -2.4% |
| Land and buildings | 22 | - | €8,963 | +€8,963 | |
| Furniture and vehicles | 24 | - | €7,161 | +€7,161 | |
| Financial fixed assets | 28 | €6,075 | €6,075 | = | 0.0% |
| Current assets | 29/58 | €93,242 | €130,554 | +€37,312 | +40.0% |
| Stocks and contracts in progress | 3 | €51,986 | €103,813 | +€51,828 | +99.7% |
| Stocks | 30/36 | - | €103,813 | +€103,813 | |
| Amounts receivable within one year | 40/41 | €20,135 | €21,387 | +€1,252 | +6.2% |
| Trade receivables | 40 | - | €9,867 | +€9,867 | |
| Other amounts receivable | 41 | - | €11,520 | +€11,520 | |
| Cash at bank and in hand | 54/58 | €17,533 | €1,472 | -€16,061 | -91.6% |
| Deferred charges and accrued income | 490/1 | - | €3,882 | +€3,882 | |
| Total equity and liabilities | 10/49 | €128,264 | €163,686 | +€35,422 | +27.6% |
| Equity | 10/15 | €12,603 | €13,007 | +€405 | +3.2% |
| Contributions | 10/11 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €2,603 | €3,007 | +€405 | +15.5% |
| Amounts payable | 17/49 | €115,661 | €150,679 | +€35,017 | +30.3% |
| Amounts payable after more than one year | 17 | €44,162 | €28,204 | -€15,958 | -36.1% |
| Financial debts | 170/4 | - | €28,204 | +€28,204 | |
| Amounts payable within one year | 42/48 | €71,500 | €122,475 | +€50,975 | +71.3% |
| Current portion of amounts payable after more than one year | 42 | - | €14,899 | +€14,899 | |
| Financial debts | 43 | - | €10,791 | +€10,791 | |
| Credit institutions | 430/8 | - | €10,791 | +€10,791 | |
| Trade debts | 44 | €25,032 | €59,966 | +€34,934 | +139.6% |
| Suppliers | 440/4 | - | €59,966 | +€59,966 | |
| Taxes, remuneration and social security | 45 | - | €36,820 | +€36,820 | |
| Taxes | 450/3 | - | €34,610 | +€34,610 | |
| Remuneration and social security | 454/9 | - | €2,210 | +€2,210 | |
| Remuneration, social security and pensions | 62 | - | €12,593 | +€12,593 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,476 | €7,309 | -€166 | -2.2% |
| Other operating charges | 640/8 | - | €1,429 | +€1,429 | |
| Gross operating margin | 9900 | €26,481 | €30,267 | +€3,785 | +14.3% |
| Operating profit (loss) | 9901 | €10,460 | €8,935 | -€1,524 | -14.6% |
| Financial income | 75/76B | - | €190 | +€190 | |
| Recurring financial income | 75 | €15 | €190 | +€175 | +1151.5% |
| Financial charges | 65/66B | - | €7,267 | +€7,267 | |
| Recurring financial charges | 65 | €7,672 | €7,267 | -€405 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €2,803 | €1,858 | -€944 | -33.7% |
| Income taxes | 67/77 | €200 | €1,454 | +€1,254 | +626.9% |
| Profit (loss) for the period | 9904 | €2,603 | €405 | -€2,198 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,603 | €405 | -€2,198 | -84.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.