VERRASTRO: 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.
VERRASTRO
Largest movements
- Receivables within one year -€106,840
down €106,840 (-30.7%), from €347,857 to €241,017
of which Trade receivables: -€101,442
- Cash +€28,791
up €28,791 (+220.7%), from €13,045 to €41,836
mainly Receivables within one year (+€106,840) and Advances received (+€43,304)
- Debts after one year -€60,266
down €60,266 (-24.8%), from €243,332 to €183,066
of which Trade debts: -€34,948
- Tax, wage and social debts -€47,271
down €47,271 (-51.7%), from €91,412 to €44,141
of which Remuneration and social security: -€48,260
- Advances received +€43,304
up €43,304 (+209.1%), from €20,711 to €64,015
- Trade debts -€25,095
down €25,095 (-22.6%), from €110,872 to €85,777
- Profit (loss) carried forward +€22,167
up €22,167 (+7.0%), from -€314,900 to -€292,732
- Financial income -€164,001
down €164,001 (-94.2%), from €174,031 to €10,030
of which Non-recurring financial income: -€171,167
- Gross operating margin +€141,815
up €141,815 (+166.3%), from €85,295 to €227,110
- Write-downs +€111,194
up €111,194 (+1113.0%), from €9,991 to €121,185
- Staff costs +€19,279
up €19,279 (+49.6%), from €38,871 to €58,149
- Other operating charges +€7,461
up €7,461 (+121.1%), from €6,162 to €13,622
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €409,797 | €331,730 | -€78,067 | -19.1% |
| Fixed assets | 21/28 | €39,270 | €37,427 | -€1,844 | -4.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €38,802 | €36,959 | -€1,844 | -4.8% |
| Land and buildings | 22 | €3,472 | €2,429 | -€1,043 | -30.0% |
| Plant, machinery and equipment | 23 | €32,040 | €29,646 | -€2,394 | -7.5% |
| Furniture and vehicles | 24 | €2,199 | €4,339 | +€2,139 | +97.3% |
| Other tangible fixed assets | 26 | €1,092 | €546 | -€546 | -50.0% |
| Financial fixed assets | 28 | €468 | €468 | = | 0.0% |
| Current assets | 29/58 | €370,527 | €294,304 | -€76,223 | -20.6% |
| Stocks and contracts in progress | 3 | €8,776 | €7,231 | -€1,545 | -17.6% |
| Stocks | 30/36 | €8,776 | €7,231 | -€1,545 | -17.6% |
| Amounts receivable within one year | 40/41 | €347,857 | €241,017 | -€106,840 | -30.7% |
| Trade receivables | 40 | €319,868 | €218,426 | -€101,442 | -31.7% |
| Other amounts receivable | 41 | €27,990 | €22,591 | -€5,398 | -19.3% |
| Cash at bank and in hand | 54/58 | €13,045 | €41,836 | +€28,791 | +220.7% |
| Deferred charges and accrued income | 490/1 | €849 | €4,219 | +€3,371 | +397.1% |
| Total equity and liabilities | 10/49 | €409,797 | €331,730 | -€78,067 | -19.1% |
| Equity | 10/15 | -€166,488 | -€145,722 | +€20,766 | +12.5% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €120,353 | €120,353 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €118,478 | €118,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€314,900 | -€292,732 | +€22,167 | +7.0% |
| Investment grants | 15 | €9,309 | €7,908 | -€1,401 | -15.1% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Environmental obligations | 163 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €566,285 | €467,452 | -€98,833 | -17.5% |
| Amounts payable after more than one year | 17 | €243,332 | €183,066 | -€60,266 | -24.8% |
| Financial debts | 170/4 | €91,862 | €66,544 | -€25,318 | -27.6% |
| Trade debts | 175 | €151,470 | €116,522 | -€34,948 | -23.1% |
| Amounts payable within one year | 42/48 | €322,176 | €284,221 | -€37,956 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €29,071 | €26,011 | -€3,059 | -10.5% |
| Financial debts | 43 | €49,650 | €49,700 | +€50 | +0.1% |
| Credit institutions | 430/8 | €49,650 | €49,700 | +€50 | +0.1% |
| Trade debts | 44 | €110,872 | €85,777 | -€25,095 | -22.6% |
| Suppliers | 440/4 | €110,872 | €85,777 | -€25,095 | -22.6% |
| Advances received on contracts in progress | 46 | €20,711 | €64,015 | +€43,304 | +209.1% |
| Taxes, remuneration and social security | 45 | €91,412 | €44,141 | -€47,271 | -51.7% |
| Taxes | 450/3 | €3,175 | €4,164 | +€990 | +31.2% |
| Remuneration and social security | 454/9 | €88,237 | €39,977 | -€48,260 | -54.7% |
| Other amounts payable | 47/48 | €20,461 | €14,577 | -€5,885 | -28.8% |
| Accrued charges and deferred income | 492/3 | €777 | €165 | -€612 | -78.7% |
| Remuneration, social security and pensions | 62 | €38,871 | €58,149 | +€19,279 | +49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,860 | €9,871 | +€1,011 | +11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,991 | €121,185 | +€111,194 | +1113.0% |
| Other operating charges | 640/8 | €6,162 | €13,622 | +€7,461 | +121.1% |
| Non-recurring operating charges | 66A | €2,445 | €561 | -€1,884 | -77.1% |
| Gross operating margin | 9900 | €85,295 | €227,110 | +€141,815 | +166.3% |
| Operating profit (loss) | 9901 | €18,967 | €23,722 | +€4,754 | +25.1% |
| Financial income | 75/76B | €174,031 | €10,030 | -€164,001 | -94.2% |
| Recurring financial income | 75 | €2,863 | €10,030 | +€7,166 | +250.3% |
| Non-recurring financial income | 76B | €171,167 | €0 | -€171,167 | -100.0% |
| Financial charges | 65/66B | €13,383 | €12,616 | -€767 | -5.7% |
| Recurring financial charges | 65 | €13,383 | €12,616 | -€767 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €179,615 | €21,135 | -€158,480 | -88.2% |
| Income taxes | 67/77 | €1,988 | -€1,032 | -€3,020 | |
| Profit (loss) for the period | 9904 | €177,627 | €22,167 | -€155,460 | -87.5% |
| Profit (loss) for the period to be appropriated | 9905 | €177,627 | €22,167 | -€155,460 | -87.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.