VERSCHUEREN GUIDO: what changed
What changed
VERSCHUEREN GUIDO
NACE 01.110, Growing of cereals (except rice), leguminous crops and oil seeds
filed annual accounts (NBB)
Net result for the year
€106,666
2024 · €147,779-€41,113
Equity
€257,714
2024 · €151,048+€106,666
Cash
€62,666
2024 · €82,516-€19,850
Balance sheet total
€1.2m
2024 · €1.2m-€30,903
Largest movements
Assets
- Tangible fixed assets -€98,135
down €98,135 (-11.6%), from €847,320 to €749,186
of which Plant, machinery and equipment: -€80,999
- Stocks and contracts +€37,850
up €37,850 (+1,089%), from €3,475 to €41,324
- Intangible fixed assets +€27,466
up €27,466 (+20.2%), from €135,809 to €163,275
- Cash -€19,850
down €19,850 (-24.1%), from €82,516 to €62,666
mainly Debts after one year (-€121,429) and Investment in fixed assets (net) (-€46,604)
Equity and liabilities
- Debts after one year -€121,429
down €121,429 (-22.2%), from €546,429 to €425,000
- Reserves +€106,666
up €106,666 (+156%), from €68,257 to €174,923
of which Distributable reserves: +€106,666
Income statement
- Gross operating margin -€20,624
down €20,624 (-5.1%), from €403,062 to €382,438
- Financial income -€18,110
down €18,110 (-92.7%), from €19,541 to €1,430
of which Non-recurring financial income: -€18,100
- Depreciation +€12,338
up €12,338 (+11.8%), from €104,935 to €117,273
- Financial charges -€6,509
down €6,509 (-36.0%), from €18,056 to €11,547
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
€147,779
Gross operating margin
-€20,624
Staff costs
+€2,634
Depreciation
-€12,338
Other operating charges
+€632
Financial income
-€18,110
Financial charges
+€6,509
Taxes
+€185
Result 2025
€106,666
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
+€153,769
Investment
-€46,604
Financing
-€127,015
Cash 2024
€82,516
From operations (derived)
+€153,769
Net result for the year
+€106,666
Depreciation
+€117,273
Receivables after one year
-€9,065
Stocks and contracts
-€37,850
Receivables within one year
-€9,562
Deferred charges and accrued income
-€3,140
Trade debts
-€9,358
Tax, wage and social debts
-€8,587
Other debts
+€6,344
Accrued charges and deferred income
+€1,046
Investment (derived)
-€46,604
Investment in fixed assets (net)
-€46,604
Financing
-€127,015
Debts after one year
-€121,429
Short-term financial debts
-€5,586
Cash 2025
€62,666
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,181,967 | €1,151,064 | -€30,903 | -2.6% |
| Fixed assets | 21/28 | €988,004 | €917,336 | -€70,669 | -7.2% |
| Intangible fixed assets | 21 | €135,809 | €163,275 | +€27,466 | +20.2% |
| Tangible fixed assets | 22/27 | €847,320 | €749,186 | -€98,135 | -11.6% |
| Plant, machinery and equipment | 23 | €768,997 | €687,999 | -€80,999 | -10.5% |
| Furniture and vehicles | 24 | €78,323 | €61,187 | -€17,136 | -21.9% |
| Financial fixed assets | 28 | €4,875 | €4,875 | = | 0.0% |
| Current assets | 29/58 | €193,963 | €233,729 | +€39,766 | +20.5% |
| Amounts receivable after more than one year | 29 | - | €9,065 | +€9,065 | |
| Other amounts receivable | 291 | - | €9,065 | +€9,065 | |
| Stocks and contracts in progress | 3 | €3,475 | €41,324 | +€37,850 | +1,089% |
| Stocks | 30/36 | €3,475 | €41,324 | +€37,850 | +1,089% |
| Amounts receivable within one year | 40/41 | €37,610 | €47,172 | +€9,562 | +25.4% |
| Trade receivables | 40 | €34,802 | €44,007 | +€9,205 | +26.4% |
| Other amounts receivable | 41 | €2,809 | €3,165 | +€357 | +12.7% |
| Cash at bank and in hand | 54/58 | €82,516 | €62,666 | -€19,850 | -24.1% |
| Deferred charges and accrued income | 490/1 | €70,362 | €73,502 | +€3,140 | +4.5% |
| Total equity and liabilities | 10/49 | €1,181,967 | €1,151,064 | -€30,903 | -2.6% |
| Equity | 10/15 | €151,048 | €257,714 | +€106,666 | +70.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,257 | €174,923 | +€106,666 | +156% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €8,376 | €8,376 | = | 0.0% |
| Distributable reserves | 133 | €59,881 | €166,547 | +€106,666 | +178% |
| Profit (loss) carried forward | 14 | €64,191 | €64,191 | = | 0.0% |
| Amounts payable | 17/49 | €1,030,920 | €893,350 | -€137,569 | -13.3% |
| Amounts payable after more than one year | 17 | €546,429 | €425,000 | -€121,429 | -22.2% |
| Financial debts | 170/4 | €546,429 | €425,000 | -€121,429 | -22.2% |
| Amounts payable within one year | 42/48 | €484,491 | €467,304 | -€17,187 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €121,429 | €121,429 | = | 0.0% |
| Financial debts | 43 | €9,760 | €4,174 | -€5,586 | -57.2% |
| Credit institutions | 430/8 | €9,760 | €4,174 | -€5,586 | -57.2% |
| Trade debts | 44 | €103,944 | €94,586 | -€9,358 | -9.0% |
| Suppliers | 440/4 | €103,944 | €94,586 | -€9,358 | -9.0% |
| Taxes, remuneration and social security | 45 | €32,323 | €23,736 | -€8,587 | -26.6% |
| Taxes | 450/3 | €19,127 | €6,189 | -€12,938 | -67.6% |
| Remuneration and social security | 454/9 | €13,196 | €17,546 | +€4,351 | +33.0% |
| Other amounts payable | 47/48 | €217,036 | €223,380 | +€6,344 | +2.9% |
| Accrued charges and deferred income | 492/3 | €0 | €1,046 | +€1,046 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €144,156 | €141,522 | -€2,634 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,935 | €117,273 | +€12,338 | +11.8% |
| Other operating charges | 640/8 | €7,164 | €6,532 | -€632 | -8.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €403,062 | €382,438 | -€20,624 | -5.1% |
| Operating profit (loss) | 9901 | €146,808 | €117,111 | -€29,696 | -20.2% |
| Financial income | 75/76B | €19,541 | €1,430 | -€18,110 | -92.7% |
| Recurring financial income | 75 | €1,441 | €1,430 | -€10 | -0.7% |
| Non-recurring financial income | 76B | €18,100 | €0 | -€18,100 | -100% |
| Financial charges | 65/66B | €18,056 | €11,547 | -€6,509 | -36.0% |
| Recurring financial charges | 65 | €18,056 | €11,547 | -€6,509 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €148,293 | €106,995 | -€41,298 | -27.8% |
| Income taxes | 67/77 | €514 | €329 | -€185 | -36.1% |
| Profit (loss) for the period | 9904 | €147,779 | €106,666 | -€41,113 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €147,779 | €106,666 | -€41,113 | -27.8% |
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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 7 November 2026 via checked.be.