VERRIX: 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.
VERRIX
Largest movements
- Cash +€213,658
up €213,658 (+80.5%), from €265,574 to €479,232
mainly Net result for the year (+€164,754) and Provisions (+€72,000)
- Reserves +€164,754
up €164,754 (+41.2%), from €399,933 to €564,687
- Provisions +€72,000
new in 2024: €72,000
- Other debts -€61,301
down €61,301 (-94.7%), from €64,726 to €3,424
- Tax, wage and social debts +€40,118
up €40,118 (+869.9%), from €4,612 to €44,730
of which Taxes: +€40,462
- Gross operating margin +€157,282
up €157,282 (+77.9%), from €201,856 to €359,138
- Provisions +€130,292
up €130,292, from -€58,292 to €72,000
- Financial charges -€71,626
down €71,626 (-99.5%), from €71,989 to €363
- Taxes +€65,063
up €65,063 (+197.6%), from €32,919 to €97,982
- Depreciation -€15,597
down €15,597 (-53.4%), from €29,221 to €13,624
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 | €501,032 | €714,777 | +€213,745 | +42.7% |
| Fixed assets | 21/28 | €30,484 | €25,516 | -€4,968 | -16.3% |
| Tangible fixed assets | 22/27 | €28,384 | €23,416 | -€4,968 | -17.5% |
| Plant, machinery and equipment | 23 | €1,209 | €310 | -€900 | -74.4% |
| Furniture and vehicles | 24 | €25,440 | €21,656 | -€3,783 | -14.9% |
| Other tangible fixed assets | 26 | €1,735 | €1,450 | -€285 | -16.4% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €470,548 | €689,261 | +€218,713 | +46.5% |
| Amounts receivable within one year | 40/41 | €195,122 | €198,779 | +€3,658 | +1.9% |
| Trade receivables | 40 | €106,922 | €121,073 | +€14,151 | +13.2% |
| Other amounts receivable | 41 | €88,200 | €77,706 | -€10,494 | -11.9% |
| Cash at bank and in hand | 54/58 | €265,574 | €479,232 | +€213,658 | +80.5% |
| Deferred charges and accrued income | 490/1 | €9,853 | €11,250 | +€1,397 | +14.2% |
| Total equity and liabilities | 10/49 | €501,032 | €714,777 | +€213,745 | +42.7% |
| Equity | 10/15 | €418,533 | €583,287 | +€164,754 | +39.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €399,933 | €564,687 | +€164,754 | +41.2% |
| Distributable reserves | 133 | €399,933 | €564,687 | +€164,754 | +41.2% |
| Provisions and deferred taxes | 16 | - | €72,000 | +€72,000 | |
| Provisions for liabilities and charges | 160/5 | - | €72,000 | +€72,000 | |
| Other liabilities and charges | 164/5 | - | €72,000 | +€72,000 | |
| Amounts payable | 17/49 | €82,500 | €59,490 | -€23,009 | -27.9% |
| Amounts payable within one year | 42/48 | €75,902 | €54,467 | -€21,435 | -28.2% |
| Trade debts | 44 | €6,564 | €6,313 | -€251 | -3.8% |
| Suppliers | 440/4 | €6,564 | €6,313 | -€251 | -3.8% |
| Taxes, remuneration and social security | 45 | €4,612 | €44,730 | +€40,118 | +869.9% |
| Taxes | 450/3 | €4,268 | €44,730 | +€40,462 | +948.1% |
| Remuneration and social security | 454/9 | €344 | - | -€344 | |
| Other amounts payable | 47/48 | €64,726 | €3,424 | -€61,301 | -94.7% |
| Accrued charges and deferred income | 492/3 | €6,598 | €5,023 | -€1,575 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,221 | €13,624 | -€15,597 | -53.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€58,292 | €72,000 | +€130,292 | |
| Other operating charges | 640/8 | €3,005 | €1,524 | -€1,481 | -49.3% |
| Non-recurring operating charges | 66A | €229 | €11,000 | +€10,771 | +4693.9% |
| Gross operating margin | 9900 | €201,856 | €359,138 | +€157,282 | +77.9% |
| Operating profit (loss) | 9901 | €227,693 | €260,991 | +€33,298 | +14.6% |
| Financial income | 75/76B | €245 | €2,108 | +€1,864 | +761.5% |
| Recurring financial income | 75 | €245 | €2,108 | +€1,864 | +761.5% |
| Financial charges | 65/66B | €71,989 | €363 | -€71,626 | -99.5% |
| Recurring financial charges | 65 | €71,989 | €363 | -€71,626 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €155,949 | €262,736 | +€106,788 | +68.5% |
| Income taxes | 67/77 | €32,919 | €97,982 | +€65,063 | +197.6% |
| Profit (loss) for the period | 9904 | €123,029 | €164,754 | +€41,725 | +33.9% |
| Transfer from tax-exempt reserves | 789 | €44 | - | -€44 | |
| Profit (loss) for the period to be appropriated | 9905 | €123,074 | €164,754 | +€41,681 | +33.9% |
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 6 October 2026 via checked.be.