Verschueren Liz: 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.
Verschueren Liz
Largest movements
- Cash +€92,135
up €92,135 (+90.6%), from €101,666 to €193,802
mainly Net result for the year (+€86,397) and Receivables within one year (+€3,504)
- Receivables within one year -€3,504
down €3,504 (-19.5%), from €17,936 to €14,432
- Reserves +€86,397
up €86,397 (+85.0%), from €101,673 to €188,070
- Gross operating margin -€1,289
down €1,289 (-1.2%), from €111,387 to €110,098
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,320 | €216,184 | +€85,864 | +65.9% |
| Fixed assets | 21/28 | €2,375 | €859 | -€1,516 | -63.8% |
| Tangible fixed assets | 22/27 | €2,375 | €859 | -€1,516 | -63.8% |
| Plant, machinery and equipment | 23 | €2,375 | €859 | -€1,516 | -63.8% |
| Current assets | 29/58 | €127,945 | €215,325 | +€87,380 | +68.3% |
| Amounts receivable within one year | 40/41 | €17,936 | €14,432 | -€3,504 | -19.5% |
| Trade receivables | 40 | €17,936 | €14,432 | -€3,504 | -19.5% |
| Cash at bank and in hand | 54/58 | €101,666 | €193,802 | +€92,135 | +90.6% |
| Deferred charges and accrued income | 490/1 | €8,343 | €7,091 | -€1,251 | -15.0% |
| Total equity and liabilities | 10/49 | €130,320 | €216,184 | +€85,864 | +65.9% |
| Equity | 10/15 | €105,673 | €192,070 | +€86,397 | +81.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €101,673 | €188,070 | +€86,397 | +85.0% |
| Distributable reserves | 133 | €101,673 | €188,070 | +€86,397 | +85.0% |
| Amounts payable | 17/49 | €24,647 | €24,114 | -€533 | -2.2% |
| Amounts payable within one year | 42/48 | €24,647 | €24,114 | -€533 | -2.2% |
| Trade debts | 44 | €1,237 | €1,519 | +€283 | +22.9% |
| Suppliers | 440/4 | €1,237 | €1,519 | +€283 | +22.9% |
| Taxes, remuneration and social security | 45 | €22,698 | €22,594 | -€103 | -0.5% |
| Taxes | 450/3 | €22,698 | €22,594 | -€103 | -0.5% |
| Other amounts payable | 47/48 | €713 | - | -€713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,516 | €1,516 | = | 0.0% |
| Other operating charges | 640/8 | €120 | €63 | -€58 | -47.9% |
| Gross operating margin | 9900 | €111,387 | €110,098 | -€1,289 | -1.2% |
| Operating profit (loss) | 9901 | €109,751 | €108,519 | -€1,232 | -1.1% |
| Financial income | 75/76B | €141 | €769 | +€628 | +446% |
| Recurring financial income | 75 | €141 | €769 | +€628 | +446% |
| Financial charges | 65/66B | €66 | €66 | +€0 | +0.5% |
| Recurring financial charges | 65 | €66 | €66 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €109,826 | €109,222 | -€603 | -0.5% |
| Income taxes | 67/77 | €22,740 | €22,825 | +€85 | +0.4% |
| Profit (loss) for the period | 9904 | €87,086 | €86,397 | -€689 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €87,086 | €86,397 | -€689 | -0.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.