Verpro: 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.
Verpro
Largest movements
- Tangible fixed assets -€25,309
down €25,309 (-23.3%), from €108,766 to €83,457
of which Furniture and vehicles: -€13,197
- Receivables within one year -€24,221
down €24,221 (-11.3%), from €213,586 to €189,365
of which Trade receivables: -€35,783
- Cash +€13,576
up €13,576 (+18.1%), from €74,880 to €88,456
mainly Depreciation (+€28,378) and Receivables within one year (+€24,221)
- Stocks and contracts -€7,821
down €7,821 (-15.1%), from €51,641 to €43,820
- Other debts -€23,338
down €23,338 (-100.0%), from €23,338 to €0
- Trade debts -€10,483
down €10,483 (-6.2%), from €168,716 to €158,234
- Debts after one year -€7,982
down €7,982 (-42.0%), from €19,025 to €11,043
- Gross operating margin -€9,833
down €9,833 (-8.3%), from €118,543 to €108,710
- Staff costs +€6,653
up €6,653 (+11.3%), from €58,660 to €65,312
- Taxes -€4,853
down €4,853 (-47.0%), from €10,317 to €5,465
- Depreciation +€1,784
up €1,784 (+6.7%), from €26,594 to €28,378
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 | €455,703 | €411,966 | -€43,736 | -9.6% |
| Fixed assets | 21/28 | €108,766 | €83,457 | -€25,309 | -23.3% |
| Tangible fixed assets | 22/27 | €108,766 | €83,457 | -€25,309 | -23.3% |
| Plant, machinery and equipment | 23 | €14,447 | €11,955 | -€2,493 | -17.3% |
| Furniture and vehicles | 24 | €51,374 | €38,178 | -€13,197 | -25.7% |
| Other tangible fixed assets | 26 | €42,944 | €33,324 | -€9,620 | -22.4% |
| Current assets | 29/58 | €346,937 | €328,510 | -€18,427 | -5.3% |
| Stocks and contracts in progress | 3 | €51,641 | €43,820 | -€7,821 | -15.1% |
| Stocks | 30/36 | €51,641 | €43,820 | -€7,821 | -15.1% |
| Amounts receivable within one year | 40/41 | €213,586 | €189,365 | -€24,221 | -11.3% |
| Trade receivables | 40 | €177,892 | €142,109 | -€35,783 | -20.1% |
| Other amounts receivable | 41 | €35,694 | €47,256 | +€11,563 | +32.4% |
| Cash at bank and in hand | 54/58 | €74,880 | €88,456 | +€13,576 | +18.1% |
| Deferred charges and accrued income | 490/1 | €6,831 | €6,869 | +€38 | +0.6% |
| Total equity and liabilities | 10/49 | €455,703 | €411,966 | -€43,736 | -9.6% |
| Equity | 10/15 | €195,776 | €198,833 | +€3,057 | +1.6% |
| Contributions | 10/11 | €28,264 | €28,264 | = | 0.0% |
| Reserves | 13 | €167,512 | €170,569 | +€3,057 | +1.8% |
| Distributable reserves | 133 | €167,512 | €170,569 | +€3,057 | +1.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €259,927 | €213,134 | -€46,793 | -18.0% |
| Amounts payable after more than one year | 17 | €19,025 | €11,043 | -€7,982 | -42.0% |
| Financial debts | 170/4 | €19,025 | €11,043 | -€7,982 | -42.0% |
| Amounts payable within one year | 42/48 | €240,902 | €202,090 | -€38,811 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €11,721 | €7,982 | -€3,739 | -31.9% |
| Financial debts | 43 | €1,283 | €2,247 | +€964 | +75.1% |
| Credit institutions | 430/8 | €1,283 | €979 | -€304 | -23.7% |
| Other loans | 439 | - | €1,268 | +€1,268 | |
| Trade debts | 44 | €168,716 | €158,234 | -€10,483 | -6.2% |
| Suppliers | 440/4 | €168,716 | €158,234 | -€10,483 | -6.2% |
| Taxes, remuneration and social security | 45 | €35,844 | €33,627 | -€2,217 | -6.2% |
| Taxes | 450/3 | €28,608 | €25,375 | -€3,233 | -11.3% |
| Remuneration and social security | 454/9 | €7,236 | €8,252 | +€1,016 | +14.0% |
| Other amounts payable | 47/48 | €23,338 | €0 | -€23,338 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €58,660 | €65,312 | +€6,653 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,594 | €28,378 | +€1,784 | +6.7% |
| Other operating charges | 640/8 | €2,128 | €2,287 | +€160 | +7.5% |
| Non-recurring operating charges | 66A | €4,191 | €1,034 | -€3,157 | -75.3% |
| Gross operating margin | 9900 | €118,543 | €108,710 | -€9,833 | -8.3% |
| Operating profit (loss) | 9901 | €26,970 | €11,699 | -€15,271 | -56.6% |
| Financial income | 75/76B | €3 | €58 | +€55 | +2171.8% |
| Recurring financial income | 75 | €3 | €58 | +€55 | +2171.8% |
| Financial charges | 65/66B | €3,372 | €3,235 | -€138 | -4.1% |
| Recurring financial charges | 65 | €3,372 | €3,235 | -€138 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €23,600 | €8,522 | -€15,078 | -63.9% |
| Income taxes | 67/77 | €10,317 | €5,465 | -€4,853 | -47.0% |
| Profit (loss) for the period | 9904 | €13,283 | €3,057 | -€10,226 | -77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,283 | €3,057 | -€10,226 | -77.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.