VERRAN: 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.
VERRAN
Largest movements
- Cash +€8,398
up €8,398 (+13.1%), from €64,342 to €72,740
mainly Other debts (+€54,031) and Receivables within one year (+€7,457)
- Receivables within one year -€7,457
down €7,457 (-37.2%), from €20,022 to €12,565
of which Other amounts receivable: -€13,751
- Stocks and contracts +€5,247
up €5,247 (+2.5%), from €206,115 to €211,361
- Other debts +€54,031
new in 2025: €54,031
- Reserves -€29,912
down €29,912 (-13.1%), from €229,140 to €199,227
- Trade debts -€15,206
down €15,206 (-46.1%), from €33,004 to €17,798
- Gross operating margin +€9,399
up €9,399 (+13.3%), from €70,661 to €80,060
- Staff costs +€3,265
up €3,265 (+4.4%), from €74,703 to €77,968
- Financial charges +€1,022
up €1,022 (+105.1%), from €973 to €1,995
- Depreciation +€806
up €806 (+28.7%), from €2,808 to €3,613
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 | €310,129 | €317,014 | +€6,885 | +2.2% |
| Fixed assets | 21/28 | €6,303 | €6,427 | +€124 | +2.0% |
| Tangible fixed assets | 22/27 | €6,303 | €6,427 | +€124 | +2.0% |
| Plant, machinery and equipment | 23 | €6,303 | €4,453 | -€1,851 | -29.4% |
| Furniture and vehicles | 24 | - | €1,975 | +€1,975 | |
| Current assets | 29/58 | €303,826 | €310,586 | +€6,761 | +2.2% |
| Stocks and contracts in progress | 3 | €206,115 | €211,361 | +€5,247 | +2.5% |
| Stocks | 30/36 | €206,115 | €211,361 | +€5,247 | +2.5% |
| Amounts receivable within one year | 40/41 | €20,022 | €12,565 | -€7,457 | -37.2% |
| Trade receivables | 40 | €4,922 | €11,215 | +€6,294 | +127.9% |
| Other amounts receivable | 41 | €15,100 | €1,349 | -€13,751 | -91.1% |
| Cash at bank and in hand | 54/58 | €64,342 | €72,740 | +€8,398 | +13.1% |
| Deferred charges and accrued income | 490/1 | €13,348 | €13,920 | +€573 | +4.3% |
| Total equity and liabilities | 10/49 | €310,129 | €317,014 | +€6,885 | +2.2% |
| Equity | 10/15 | €247,740 | €217,827 | -€29,912 | -12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €229,140 | €199,227 | -€29,912 | -13.1% |
| Distributable reserves | 133 | €229,140 | €199,227 | -€29,912 | -13.1% |
| Amounts payable | 17/49 | €62,389 | €99,187 | +€36,797 | +59.0% |
| Amounts payable after more than one year | 17 | €1,297 | - | -€1,297 | |
| Financial debts | 170/4 | €1,297 | - | -€1,297 | |
| Amounts payable within one year | 42/48 | €59,489 | €96,426 | +€36,937 | +62.1% |
| Current portion of amounts payable after more than one year | 42 | €1,864 | €1,297 | -€567 | -30.4% |
| Trade debts | 44 | €33,004 | €17,798 | -€15,206 | -46.1% |
| Suppliers | 440/4 | €33,004 | €17,798 | -€15,206 | -46.1% |
| Taxes, remuneration and social security | 45 | €24,621 | €23,300 | -€1,321 | -5.4% |
| Taxes | 450/3 | €9,681 | €7,893 | -€1,788 | -18.5% |
| Remuneration and social security | 454/9 | €14,940 | €15,407 | +€467 | +3.1% |
| Other amounts payable | 47/48 | - | €54,031 | +€54,031 | |
| Accrued charges and deferred income | 492/3 | €1,604 | €2,761 | +€1,157 | +72.1% |
| Non-recurring operating income | 76A | €969 | - | -€969 | |
| Remuneration, social security and pensions | 62 | €74,703 | €77,968 | +€3,265 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,808 | €3,613 | +€806 | +28.7% |
| Other operating charges | 640/8 | €3,622 | €3,013 | -€609 | -16.8% |
| Gross operating margin | 9900 | €70,661 | €80,060 | +€9,399 | +13.3% |
| Operating profit (loss) | 9901 | -€10,472 | -€4,533 | +€5,939 | +56.7% |
| Financial income | 75/76B | €8,807 | €8,752 | -€55 | -0.6% |
| Recurring financial income | 75 | €8,807 | €8,752 | -€55 | -0.6% |
| Financial charges | 65/66B | €973 | €1,995 | +€1,022 | +105.1% |
| Recurring financial charges | 65 | €973 | €1,995 | +€1,022 | +105.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,638 | €2,223 | +€4,861 | |
| Income taxes | 67/77 | €1,529 | €1,703 | +€174 | +11.4% |
| Profit (loss) for the period | 9904 | -€4,167 | €521 | +€4,687 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,167 | €521 | +€4,687 |
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 28 September 2026 via checked.be.