Verre & Design: 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.
Verre & Design
Largest movements
- Receivables within one year +€83,806
up €83,806 (+32.6%), from €256,762 to €340,569
of which Trade receivables: +€86,266
- Cash +€53,070
up €53,070 (+7.6%), from €697,242 to €750,312
mainly Net result for the year (+€195,702) and Tax, wage and social debts (+€54,912)
- Tangible fixed assets -€46,720
down €46,720 (-20.9%), from €223,371 to €176,651
- Trade debts -€88,161
down €88,161 (-19.9%), from €442,050 to €353,890
- Tax, wage and social debts +€54,912
new in 2024: €54,912
of which Taxes: +€52,522
- Other debts +€51,355
up €51,355 (+39.6%), from €129,738 to €181,094
- Reserves +€40,000
up €40,000 (+39.3%), from €101,860 to €141,860
of which Distributable reserves: +€40,000
- Profit (loss) carried forward +€37,702
up €37,702 (+5.8%), from €646,277 to €683,979
- Taxes +€58,753
up €58,753 (+322.0%), from €18,247 to €77,000
- Gross operating margin +€37,712
up €37,712 (+6.5%), from €578,353 to €616,065
- Staff costs -€30,703
down €30,703 (-9.7%), from €316,068 to €285,365
- Other operating charges +€9,981
up €9,981 (+266.1%), from €3,751 to €13,733
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 | €1,346,832 | €1,437,987 | +€91,155 | +6.8% |
| Fixed assets | 21/28 | €223,396 | €176,676 | -€46,720 | -20.9% |
| Tangible fixed assets | 22/27 | €223,371 | €176,651 | -€46,720 | -20.9% |
| Plant, machinery and equipment | 23 | €63,564 | €54,835 | -€8,729 | -13.7% |
| Furniture and vehicles | 24 | €71,610 | €48,253 | -€23,356 | -32.6% |
| Leasing and similar rights | 25 | €51,362 | €40,126 | -€11,236 | -21.9% |
| Other tangible fixed assets | 26 | €36,836 | €33,437 | -€3,399 | -9.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €1,123,436 | €1,261,311 | +€137,875 | +12.3% |
| Amounts receivable after more than one year | 29 | - | €12,000 | +€12,000 | |
| Other amounts receivable | 291 | - | €12,000 | +€12,000 | |
| Stocks and contracts in progress | 3 | €158,161 | €158,161 | = | 0.0% |
| Stocks | 30/36 | €158,161 | €158,161 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €256,762 | €340,569 | +€83,806 | +32.6% |
| Trade receivables | 40 | €183,095 | €269,361 | +€86,266 | +47.1% |
| Other amounts receivable | 41 | €73,667 | €71,208 | -€2,459 | -3.3% |
| Cash at bank and in hand | 54/58 | €697,242 | €750,312 | +€53,070 | +7.6% |
| Deferred charges and accrued income | 490/1 | €11,271 | €269 | -€11,002 | -97.6% |
| Total equity and liabilities | 10/49 | €1,346,832 | €1,437,987 | +€91,155 | +6.8% |
| Equity | 10/15 | €766,737 | €844,439 | +€77,702 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,860 | €141,860 | +€40,000 | +39.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €140,000 | +€40,000 | +40.0% |
| Profit (loss) carried forward | 14 | €646,277 | €683,979 | +€37,702 | +5.8% |
| Amounts payable | 17/49 | €580,095 | €593,547 | +€13,452 | +2.3% |
| Amounts payable after more than one year | 17 | €3,652 | - | -€3,652 | |
| Financial debts | 170/4 | €3,652 | - | -€3,652 | |
| Amounts payable within one year | 42/48 | €576,200 | €593,547 | +€17,347 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €4,412 | €3,652 | -€760 | -17.2% |
| Trade debts | 44 | €442,050 | €353,890 | -€88,161 | -19.9% |
| Suppliers | 440/4 | €442,050 | €353,890 | -€88,161 | -19.9% |
| Taxes, remuneration and social security | 45 | - | €54,912 | +€54,912 | |
| Taxes | 450/3 | - | €52,522 | +€52,522 | |
| Remuneration and social security | 454/9 | - | €2,391 | +€2,391 | |
| Other amounts payable | 47/48 | €129,738 | €181,094 | +€51,355 | +39.6% |
| Accrued charges and deferred income | 492/3 | €243 | - | -€243 | |
| Remuneration, social security and pensions | 62 | €316,068 | €285,365 | -€30,703 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,393 | €43,217 | -€3,176 | -6.8% |
| Other operating charges | 640/8 | €3,751 | €13,733 | +€9,981 | +266.1% |
| Non-recurring operating charges | 66A | €30,000 | - | -€30,000 | |
| Gross operating margin | 9900 | €578,353 | €616,065 | +€37,712 | +6.5% |
| Operating profit (loss) | 9901 | €182,141 | €273,750 | +€91,610 | +50.3% |
| Financial income | 75/76B | €443 | €1,556 | +€1,113 | +251.1% |
| Recurring financial income | 75 | €443 | €1,556 | +€1,113 | +251.1% |
| Financial charges | 65/66B | €3,532 | €2,604 | -€928 | -26.3% |
| Recurring financial charges | 65 | €3,532 | €2,604 | -€928 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €179,051 | €272,702 | +€93,651 | +52.3% |
| Income taxes | 67/77 | €18,247 | €77,000 | +€58,753 | +322.0% |
| Profit (loss) for the period | 9904 | €160,804 | €195,702 | +€34,898 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €160,804 | €195,702 | +€34,898 | +21.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.