VERSANTY: 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.
VERSANTY
Largest movements
- Receivables within one year -€7,114
down €7,114 (-44.8%), from €15,894 to €8,780
of which Trade receivables: -€8,285
- Tangible fixed assets -€6,172
down €6,172 (-70.6%), from €8,744 to €2,571
of which Furniture and vehicles: -€5,670
- Cash +€5,963
up €5,963 (+100%), from €5,950 to €11,913
mainly Receivables within one year (+€7,114) and Depreciation (+€6,758)
- Stocks and contracts +€2,555
up €2,555 (+51.7%), from €4,945 to €7,500
- Trade debts +€5,318
up €5,318 (+292%), from €1,819 to €7,137
- Current portion of long-term debt -€4,807
no longer reported in 2025 (was €4,807)
- Tax, wage and social debts -€2,073
down €2,073 (-90.4%), from €2,294 to €220
of which Taxes: -€1,201
- Other debts -€1,928
down €1,928 (-20.1%), from €9,597 to €7,669
- Profit (loss) carried forward -€1,317
down €1,317 (-8.2%), from -€16,135 to -€17,452
- Gross operating margin -€2,848
down €2,848 (-26.9%), from €10,572 to €7,724
- Other operating charges -€1,554
down €1,554 (-54.0%), from €2,880 to €1,325
- Depreciation -€1,042
down €1,042 (-13.4%), from €7,801 to €6,758
- Financial charges -€152
down €152 (-36.3%), from €419 to €267
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.
Derived cash bridge
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 | €36,227 | €31,419 | -€4,808 | -13.3% |
| Fixed assets | 21/28 | €8,744 | €2,571 | -€6,172 | -70.6% |
| Tangible fixed assets | 22/27 | €8,744 | €2,571 | -€6,172 | -70.6% |
| Plant, machinery and equipment | 23 | €1,731 | €1,410 | -€321 | -18.6% |
| Furniture and vehicles | 24 | €5,670 | - | -€5,670 | |
| Other tangible fixed assets | 26 | €1,343 | €1,161 | -€181 | -13.5% |
| Current assets | 29/58 | €27,483 | €28,848 | +€1,365 | +5.0% |
| Stocks and contracts in progress | 3 | €4,945 | €7,500 | +€2,555 | +51.7% |
| Stocks | 30/36 | €4,945 | €7,500 | +€2,555 | +51.7% |
| Amounts receivable within one year | 40/41 | €15,894 | €8,780 | -€7,114 | -44.8% |
| Trade receivables | 40 | €12,992 | €4,708 | -€8,285 | -63.8% |
| Other amounts receivable | 41 | €2,902 | €4,073 | +€1,170 | +40.3% |
| Cash at bank and in hand | 54/58 | €5,950 | €11,913 | +€5,963 | +100% |
| Deferred charges and accrued income | 490/1 | €694 | €655 | -€39 | -5.7% |
| Total equity and liabilities | 10/49 | €36,227 | €31,419 | -€4,808 | -13.3% |
| Equity | 10/15 | €17,711 | €16,393 | -€1,317 | -7.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €31,846 | €31,846 | = | 0.0% |
| Distributable reserves | 133 | €31,846 | €31,846 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,135 | -€17,452 | -€1,317 | -8.2% |
| Amounts payable | 17/49 | €18,516 | €15,026 | -€3,490 | -18.8% |
| Amounts payable within one year | 42/48 | €18,516 | €15,026 | -€3,490 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €4,807 | - | -€4,807 | |
| Trade debts | 44 | €1,819 | €7,137 | +€5,318 | +292% |
| Suppliers | 440/4 | €1,819 | €7,137 | +€5,318 | +292% |
| Taxes, remuneration and social security | 45 | €2,294 | €220 | -€2,073 | -90.4% |
| Taxes | 450/3 | €1,421 | €220 | -€1,201 | -84.5% |
| Remuneration and social security | 454/9 | €872 | - | -€872 | |
| Other amounts payable | 47/48 | €9,597 | €7,669 | -€1,928 | -20.1% |
| Remuneration, social security and pensions | 62 | €502 | €480 | -€22 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,801 | €6,758 | -€1,042 | -13.4% |
| Other operating charges | 640/8 | €2,880 | €1,325 | -€1,554 | -54.0% |
| Gross operating margin | 9900 | €10,572 | €7,724 | -€2,848 | -26.9% |
| Operating profit (loss) | 9901 | -€610 | -€840 | -€230 | -37.6% |
| Financial income | 75/76B | €12 | €5 | -€7 | -57.4% |
| Recurring financial income | 75 | €12 | €5 | -€7 | -57.4% |
| Financial charges | 65/66B | €419 | €267 | -€152 | -36.3% |
| Recurring financial charges | 65 | €419 | €267 | -€152 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,017 | -€1,101 | -€84 | -8.3% |
| Income taxes | 67/77 | €220 | €216 | -€4 | -2.0% |
| Profit (loss) for the period | 9904 | -€1,237 | -€1,317 | -€80 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,237 | -€1,317 | -€80 | -6.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.