VERSCHILDE COLLIN: 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.
VERSCHILDE COLLIN
Largest movements
- Tangible fixed assets -€6,551
down €6,551 (-36.0%), from €18,210 to €11,659
of which Land and buildings: -€5,250
- Receivables within one year +€4,019
up €4,019 (+327.0%), from €1,229 to €5,248
of which Other amounts receivable: +€4,130
- Cash -€2,297
down €2,297 (-5.6%), from €40,691 to €38,394
mainly Net result for the year (-€7,166) and Debts after one year (-€4,874)
- Stocks and contracts -€2,123
down €2,123 (-4.9%), from €43,416 to €41,293
- Trade debts +€8,593
up €8,593 (+18.8%), from €45,636 to €54,230
- Profit (loss) carried forward -€7,166
down €7,166 (-15.3%), from -€46,915 to -€54,081
- Debts after one year -€4,874
down €4,874 (-85.6%), from €5,695 to €821
- Tax, wage and social debts -€2,788
down €2,788 (-79.0%), from €3,528 to €740
- Gross operating margin -€8,699
down €8,699 (-22.7%), from €38,364 to €29,665
- Staff costs +€1,568
up €1,568 (+6.9%), from €22,728 to €24,296
- Financial charges +€904
up €904 (+26.5%), from €3,406 to €4,309
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 | €103,596 | €96,643 | -€6,953 | -6.7% |
| Fixed assets | 21/28 | €18,260 | €11,709 | -€6,551 | -35.9% |
| Tangible fixed assets | 22/27 | €18,210 | €11,659 | -€6,551 | -36.0% |
| Land and buildings | 22 | €16,442 | €11,191 | -€5,250 | -31.9% |
| Plant, machinery and equipment | 23 | €812 | - | -€812 | |
| Furniture and vehicles | 24 | €956 | €467 | -€489 | -51.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €85,336 | €84,935 | -€402 | -0.5% |
| Stocks and contracts in progress | 3 | €43,416 | €41,293 | -€2,123 | -4.9% |
| Stocks | 30/36 | €43,416 | €41,293 | -€2,123 | -4.9% |
| Amounts receivable within one year | 40/41 | €1,229 | €5,248 | +€4,019 | +327.0% |
| Trade receivables | 40 | €823 | €712 | -€111 | -13.5% |
| Other amounts receivable | 41 | €406 | €4,536 | +€4,130 | +1016.6% |
| Cash at bank and in hand | 54/58 | €40,691 | €38,394 | -€2,297 | -5.6% |
| Total equity and liabilities | 10/49 | €103,596 | €96,643 | -€6,953 | -6.7% |
| Equity | 10/15 | €43,145 | €35,979 | -€7,166 | -16.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €82,000 | €82,000 | = | 0.0% |
| Distributable reserves | 133 | €82,000 | €82,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,915 | -€54,081 | -€7,166 | -15.3% |
| Amounts payable | 17/49 | €60,451 | €60,664 | +€213 | +0.4% |
| Amounts payable after more than one year | 17 | €5,695 | €821 | -€4,874 | -85.6% |
| Financial debts | 170/4 | €5,695 | €821 | -€4,874 | -85.6% |
| Amounts payable within one year | 42/48 | €54,757 | €59,843 | +€5,087 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €4,783 | €4,874 | +€90 | +1.9% |
| Trade debts | 44 | €45,636 | €54,230 | +€8,593 | +18.8% |
| Suppliers | 440/4 | €45,636 | €54,230 | +€8,593 | +18.8% |
| Taxes, remuneration and social security | 45 | €3,528 | €740 | -€2,788 | -79.0% |
| Remuneration and social security | 454/9 | €3,528 | €740 | -€2,788 | -79.0% |
| Other amounts payable | 47/48 | €810 | - | -€810 | |
| Remuneration, social security and pensions | 62 | €22,728 | €24,296 | +€1,568 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,088 | €7,022 | -€65 | -0.9% |
| Other operating charges | 640/8 | €1,172 | €1,203 | +€31 | +2.6% |
| Gross operating margin | 9900 | €38,364 | €29,665 | -€8,699 | -22.7% |
| Operating profit (loss) | 9901 | €7,376 | -€2,857 | -€10,233 | |
| Financial income | 75/76B | €26 | €0 | -€26 | -99.5% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -99.5% |
| Financial charges | 65/66B | €3,406 | €4,309 | +€904 | +26.5% |
| Recurring financial charges | 65 | €3,406 | €4,309 | +€904 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €3,997 | -€7,166 | -€11,163 | |
| Profit (loss) for the period | 9904 | €3,997 | -€7,166 | -€11,163 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,997 | -€7,166 | -€11,163 |
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 12 October 2026 via checked.be.