VERSANTO: 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.
VERSANTO
Largest movements
- Receivables within one year +€97,798
up €97,798 (+31.7%), from €308,356 to €406,154
of which Trade receivables: +€95,246
- Tangible fixed assets +€13,648
up €13,648 (+36.5%), from €37,386 to €51,034
of which Leasing and similar rights: +€17,677
- Cash +€9,512
up €9,512 (+183.6%), from €5,180 to €14,692
mainly Net result for the year (+€35,941) and Trade debts (+€31,678)
- Stocks and contracts -€6,123
down €6,123 (-19.3%), from €31,800 to €25,677
of which Stocks: -€7,605
- Profit (loss) carried forward +€35,941
up €35,941 (+31.0%), from -€116,028 to -€80,087
- Trade debts +€31,678
up €31,678 (+48.0%), from €65,942 to €97,621
- Other debts +€29,830
up €29,830 (+8.4%), from €354,439 to €384,269
- Debts after one year +€22,568
up €22,568 (+848.5%), from €2,660 to €25,228
- Current portion of long-term debt -€6,583
down €6,583 (-44.0%), from €14,971 to €8,388
- Gross operating margin +€125,372
up €125,372, from -€2,954 to €122,418
- Write-downs +€41,161
up €41,161 (+303.6%), from €13,557 to €54,718
- Other operating charges +€2,702
up €2,702 (+54.5%), from €4,955 to €7,657
- Depreciation +€2,510
up €2,510 (+12.6%), from €19,942 to €22,452
- Financial income -€1,478
down €1,478 (-95.4%), from €1,549 to €71
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 | €386,131 | €502,540 | +€116,409 | +30.1% |
| Fixed assets | 21/28 | €37,386 | €51,034 | +€13,648 | +36.5% |
| Tangible fixed assets | 22/27 | €37,386 | €51,034 | +€13,648 | +36.5% |
| Land and buildings | 22 | €5,798 | €3,240 | -€2,558 | -44.1% |
| Plant, machinery and equipment | 23 | €1,366 | €962 | -€404 | -29.6% |
| Furniture and vehicles | 24 | €3,626 | €2,560 | -€1,066 | -29.4% |
| Leasing and similar rights | 25 | €26,596 | €44,273 | +€17,677 | +66.5% |
| Current assets | 29/58 | €348,745 | €451,506 | +€102,761 | +29.5% |
| Stocks and contracts in progress | 3 | €31,800 | €25,677 | -€6,123 | -19.3% |
| Stocks | 30/36 | €24,800 | €17,195 | -€7,605 | -30.7% |
| Contracts in progress | 37 | €7,000 | €8,482 | +€1,482 | +21.2% |
| Amounts receivable within one year | 40/41 | €308,356 | €406,154 | +€97,798 | +31.7% |
| Trade receivables | 40 | €293,898 | €389,144 | +€95,246 | +32.4% |
| Other amounts receivable | 41 | €14,458 | €17,010 | +€2,552 | +17.7% |
| Cash at bank and in hand | 54/58 | €5,180 | €14,692 | +€9,512 | +183.6% |
| Deferred charges and accrued income | 490/1 | €3,410 | €4,983 | +€1,573 | +46.1% |
| Total equity and liabilities | 10/49 | €386,131 | €502,540 | +€116,409 | +30.1% |
| Equity | 10/15 | -€97,428 | -€61,487 | +€35,941 | +36.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,028 | -€80,087 | +€35,941 | +31.0% |
| Amounts payable | 17/49 | €483,559 | €564,027 | +€80,468 | +16.6% |
| Amounts payable after more than one year | 17 | €2,660 | €25,228 | +€22,568 | +848.5% |
| Financial debts | 170/4 | €2,660 | €25,228 | +€22,568 | +848.5% |
| Amounts payable within one year | 42/48 | €480,899 | €538,799 | +€57,900 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €14,971 | €8,388 | -€6,583 | -44.0% |
| Trade debts | 44 | €65,942 | €97,621 | +€31,678 | +48.0% |
| Suppliers | 440/4 | €65,942 | €97,621 | +€31,678 | +48.0% |
| Advances received on contracts in progress | 46 | €45,100 | €48,000 | +€2,900 | +6.4% |
| Taxes, remuneration and social security | 45 | €447 | €522 | +€75 | +16.8% |
| Taxes | 450/3 | €447 | €522 | +€75 | +16.8% |
| Other amounts payable | 47/48 | €354,439 | €384,269 | +€29,830 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,942 | €22,452 | +€2,510 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,557 | €54,718 | +€41,161 | +303.6% |
| Other operating charges | 640/8 | €4,955 | €7,657 | +€2,702 | +54.5% |
| Non-recurring operating charges | 66A | €417 | €0 | -€417 | -100.0% |
| Gross operating margin | 9900 | -€2,954 | €122,418 | +€125,372 | |
| Operating profit (loss) | 9901 | -€41,825 | €37,591 | +€79,416 | |
| Financial income | 75/76B | €1,549 | €71 | -€1,478 | -95.4% |
| Recurring financial income | 75 | €1,549 | €71 | -€1,478 | -95.4% |
| Financial charges | 65/66B | €3,135 | €1,721 | -€1,414 | -45.1% |
| Recurring financial charges | 65 | €3,135 | €1,721 | -€1,414 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | -€43,411 | €35,941 | +€79,352 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€43,411 | €35,941 | +€79,352 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,411 | €35,941 | +€79,352 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.