Verpoul: 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.
What changed
Verpoul
NACE 46.322, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€132,730
2024 · -€130,300+€263,030
Equity
€102,898
2024 · -€29,832+€132,730
Cash
€186,082
2024 · €312,528-€126,446
Balance sheet total
€2.7m
2024 · €5.3m-€2.6m
Largest movements
Assets
- Receivables within one year -€2.4m
down €2.4m (-48.7%), from €4.9m to €2.5m
of which Trade receivables: -€2.1m
- Cash -€126,446
down €126,446 (-40.5%), from €312,528 to €186,082
mainly Trade debts (-€2.8m)
Equity and liabilities
- Trade debts -€2.8m
down €2.8m (-52.3%), from €5.3m to €2.5m
- Reserves +€84,348
new in 2025: €84,348
- Tax, wage and social debts +€72,223
up €72,223 (+321%), from €22,483 to €94,706
of which Taxes: +€88,670
Income statement
- Turnover -€19.4m
no longer reported in 2025 (was €19.4m)
- Goods and materials -€19.0m
no longer reported in 2025 (was €19.0m)
- Gross operating margin +€234,854
new in 2025: €234,854
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.
Result 2024
-€130,300
Turnover
-€19.4m
Other operating income
-€20,211
Goods and materials
+€19.0m
Services and other goods
+€81,123
Staff costs
+€101,509
Other operating charges
+€98,418
Other operating items
+€234,854
Financial income
-€7,387
Financial charges
+€29,533
Taxes
+€108,968
Result 2025
€132,730
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€126,446
Investment
€0
Financing
€0
Cash 2024
€312,528
From operations (derived)
-€126,446
Net result for the year
+€132,730
Receivables within one year
+€2.4m
Deferred charges and accrued income
+€34,914
Trade debts
-€2.8m
Tax, wage and social debts
+€72,223
Cash 2025
€186,082
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,271,429 | €2,714,732 | -€2.6m | -48.5% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Other financial fixed assets | 284/8 | €200 | - | -€200 | |
| Amounts receivable and cash guarantees | 285/8 | €200 | - | -€200 | |
| Current assets | 29/58 | €5,271,229 | €2,714,532 | -€2.6m | -48.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,922,798 | €2,527,460 | -€2.4m | -48.7% |
| Trade receivables | 40 | €4,638,770 | €2,496,899 | -€2.1m | -46.2% |
| Other amounts receivable | 41 | €284,028 | €30,561 | -€253,467 | -89.2% |
| Cash at bank and in hand | 54/58 | €312,528 | €186,082 | -€126,446 | -40.5% |
| Deferred charges and accrued income | 490/1 | €35,904 | €990 | -€34,914 | -97.2% |
| Total equity and liabilities | 10/49 | €5,271,429 | €2,714,732 | -€2.6m | -48.5% |
| Equity | 10/15 | -€29,832 | €102,898 | +€132,730 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €84,348 | +€84,348 | |
| Distributable reserves | 133 | - | €84,348 | +€84,348 | |
| Profit (loss) carried forward | 14 | -€48,382 | €0 | +€48,382 | |
| Amounts payable | 17/49 | €5,301,261 | €2,611,833 | -€2.7m | -50.7% |
| Amounts payable within one year | 42/48 | €5,301,261 | €2,611,833 | -€2.7m | -50.7% |
| Trade debts | 44 | €5,278,778 | €2,517,127 | -€2.8m | -52.3% |
| Suppliers | 440/4 | €5,278,778 | €2,517,127 | -€2.8m | -52.3% |
| Taxes, remuneration and social security | 45 | €22,483 | €94,706 | +€72,223 | +321% |
| Taxes | 450/3 | €6,036 | €94,706 | +€88,670 | +1,469% |
| Remuneration and social security | 454/9 | €16,447 | €0 | -€16,447 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Operating income | 70/76A | €19,382,577 | - | -€19.4m | |
| Turnover | 70 | €19,362,366 | - | -€19.4m | |
| Other operating income | 74 | €20,211 | - | -€20,211 | |
| Operating charges | 60/66A | €19,299,062 | - | -€19.3m | |
| Goods for resale, raw materials and consumables | 60 | €18,998,588 | - | -€19.0m | |
| Purchases | 600/8 | €18,998,588 | - | -€19.0m | |
| Services and other goods | 61 | €81,123 | - | -€81,123 | |
| Remuneration, social security and pensions | 62 | €118,870 | €17,361 | -€101,509 | -85.4% |
| Other operating charges | 640/8 | €100,481 | €2,063 | -€98,418 | -97.9% |
| Gross operating margin | 9900 | - | €234,854 | +€234,854 | |
| Operating profit (loss) | 9901 | €83,515 | €215,431 | +€131,915 | +158% |
| Financial income | 75/76B | €7,528 | €142 | -€7,387 | -98.1% |
| Recurring financial income | 75 | €7,528 | €142 | -€7,387 | -98.1% |
| Income from current assets | 751 | €7,012 | - | -€7,012 | |
| Other financial income | 752/9 | €516 | - | -€516 | |
| Financial charges | 65/66B | €97,682 | €68,150 | -€29,533 | -30.2% |
| Recurring financial charges | 65 | €97,682 | €68,150 | -€29,533 | -30.2% |
| Debt charges | 650 | €0 | - | = | |
| Other financial charges | 652/9 | €97,682 | - | -€97,682 | |
| Profit (loss) for the period before taxes | 9903 | -€6,638 | €147,423 | +€154,062 | |
| Income taxes | 67/77 | €123,661 | €14,693 | -€108,968 | -88.1% |
| Taxes | 670/3 | €123,661 | - | -€123,661 | |
| Profit (loss) for the period | 9904 | -€130,300 | €132,730 | +€263,030 | |
| Profit (loss) for the period to be appropriated | 9905 | -€130,300 | €132,730 | +€263,030 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.