Versanico: what changed
What changed
Versanico
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€5,275
2024 · €43,524-€38,249
Equity
€244,438
2024 · €239,163+€5,275
Cash
€57,472
2024 · €91,586-€34,113
Balance sheet total
€994,906
2024 · €1.1m-€128,897
Largest movements
Assets
- Receivables within one year -€220,173
down €220,173 (-28.4%), from €775,929 to €555,757
of which Trade receivables: -€190,566
- Tangible fixed assets +€112,809
up €112,809 (+70.3%), from €160,373 to €273,182
of which Furniture and vehicles: +€78,603
- Cash -€34,113
down €34,113 (-37.2%), from €91,586 to €57,472
mainly Investment in fixed assets (net) (-€159,440) and Trade debts (-€85,320)
- Stocks and contracts +€30,227
up €30,227 (+48.1%), from €62,820 to €93,047
- Deferred charges and accrued income -€16,807
down €16,807 (-55.4%), from €30,328 to €13,521
Equity and liabilities
- Trade debts -€85,320
down €85,320 (-19.9%), from €428,236 to €342,917
- Other debts -€42,000
down €42,000 (-100%), from €42,000 to €0
- Short-term financial debts +€20,295
up €20,295 (+8.1%), from €250,000 to €270,295
- Tax, wage and social debts -€16,227
down €16,227 (-25.6%), from €63,387 to €47,160
- Current portion of long-term debt -€14,093
down €14,093 (-37.6%), from €37,510 to €23,417
Income statement
- Gross operating margin -€26,193
down €26,193 (-3.1%), from €853,300 to €827,107
- Depreciation +€15,221
up €15,221 (+47.2%), from €32,250 to €47,471
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€43,524
Gross operating margin
-€26,193
Staff costs
+€3,550
Depreciation
-€15,221
Other operating charges
-€5,575
Financial income
+€166
Financial charges
+€1,921
Taxes
+€3,103
Result 2025
€5,275
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€115,304
Investment
-€159,440
Financing
+€10,023
Cash 2024
€91,586
From operations (derived)
+€115,304
Net result for the year
+€5,275
Depreciation
+€47,471
Stocks and contracts
-€30,227
Receivables within one year
+€220,173
Deferred charges and accrued income
+€16,807
Trade debts
-€85,320
Tax, wage and social debts
-€16,227
Other debts
-€42,000
Accrued charges and deferred income
-€647
Investment (derived)
-€159,440
Investment in fixed assets (net)
-€159,440
Financing
+€10,023
Debts after one year
+€3,821
Current portion of long-term debt
-€14,093
Short-term financial debts
+€20,295
Cash 2025
€57,472
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,123,803 | €994,906 | -€128,897 | -11.5% |
| Fixed assets | 21/28 | €163,140 | €275,109 | +€111,969 | +68.6% |
| Intangible fixed assets | 21 | €2,518 | €1,678 | -€840 | -33.4% |
| Tangible fixed assets | 22/27 | €160,373 | €273,182 | +€112,809 | +70.3% |
| Plant, machinery and equipment | 23 | €3,318 | €45,803 | +€42,484 | +1,280% |
| Furniture and vehicles | 24 | €74,090 | €152,693 | +€78,603 | +106% |
| Other tangible fixed assets | 26 | €82,964 | €74,686 | -€8,278 | -10.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €960,663 | €719,797 | -€240,866 | -25.1% |
| Stocks and contracts in progress | 3 | €62,820 | €93,047 | +€30,227 | +48.1% |
| Stocks | 30/36 | €62,820 | €93,047 | +€30,227 | +48.1% |
| Amounts receivable within one year | 40/41 | €775,929 | €555,757 | -€220,173 | -28.4% |
| Trade receivables | 40 | €586,799 | €396,233 | -€190,566 | -32.5% |
| Other amounts receivable | 41 | €189,131 | €159,524 | -€29,607 | -15.7% |
| Cash at bank and in hand | 54/58 | €91,586 | €57,472 | -€34,113 | -37.2% |
| Deferred charges and accrued income | 490/1 | €30,328 | €13,521 | -€16,807 | -55.4% |
| Total equity and liabilities | 10/49 | €1,123,803 | €994,906 | -€128,897 | -11.5% |
| Equity | 10/15 | €239,163 | €244,438 | +€5,275 | +2.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €199,163 | €204,438 | +€5,275 | +2.6% |
| Distributable reserves | 133 | €199,163 | €204,438 | +€5,275 | +2.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €884,640 | €750,468 | -€134,172 | -15.2% |
| Amounts payable after more than one year | 17 | €62,333 | €66,155 | +€3,821 | +6.1% |
| Financial debts | 170/4 | €62,333 | €66,155 | +€3,821 | +6.1% |
| Amounts payable within one year | 42/48 | €821,134 | €683,788 | -€137,346 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €37,510 | €23,417 | -€14,093 | -37.6% |
| Financial debts | 43 | €250,000 | €270,295 | +€20,295 | +8.1% |
| Credit institutions | 430/8 | €250,000 | €270,295 | +€20,295 | +8.1% |
| Trade debts | 44 | €428,236 | €342,917 | -€85,320 | -19.9% |
| Suppliers | 440/4 | €428,236 | €342,917 | -€85,320 | -19.9% |
| Taxes, remuneration and social security | 45 | €63,387 | €47,160 | -€16,227 | -25.6% |
| Remuneration and social security | 454/9 | €63,387 | €47,160 | -€16,227 | -25.6% |
| Other amounts payable | 47/48 | €42,000 | €0 | -€42,000 | -100% |
| Accrued charges and deferred income | 492/3 | €1,173 | €525 | -€647 | -55.2% |
| Remuneration, social security and pensions | 62 | €745,613 | €742,063 | -€3,550 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,250 | €47,471 | +€15,221 | +47.2% |
| Other operating charges | 640/8 | €4,085 | €9,660 | +€5,575 | +136% |
| Gross operating margin | 9900 | €853,300 | €827,107 | -€26,193 | -3.1% |
| Operating profit (loss) | 9901 | €71,352 | €27,913 | -€43,438 | -60.9% |
| Financial income | 75/76B | €62 | €228 | +€166 | +266% |
| Recurring financial income | 75 | €62 | €228 | +€166 | +266% |
| Financial charges | 65/66B | €23,327 | €21,406 | -€1,921 | -8.2% |
| Recurring financial charges | 65 | €23,327 | €21,406 | -€1,921 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €48,086 | €6,735 | -€41,352 | -86.0% |
| Income taxes | 67/77 | €4,562 | €1,460 | -€3,103 | -68.0% |
| Profit (loss) for the period | 9904 | €43,524 | €5,275 | -€38,249 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,524 | €5,275 | -€38,249 | -87.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.