Verschueren Service: 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 Service
Largest movements
- Receivables within one year -€20,287
down €20,287 (-76.3%), from €26,573 to €6,286
of which Trade receivables: -€16,743
- Tangible fixed assets -€11,266
down €11,266 (-29.7%), from €37,924 to €26,658
of which Furniture and vehicles: -€9,045
- Deferred charges and accrued income -€4,266
down €4,266 (-100%), from €4,266 to €0
- Cash +€3,820
up €3,820 (+5.2%), from €73,879 to €77,699
mainly Depreciation (+€31,495) and Receivables within one year (+€20,287)
- Tax, wage and social debts -€11,191
down €11,191 (-69.9%), from €16,003 to €4,811
- Other debts -€10,735
down €10,735 (-75.4%), from €14,231 to €3,496
- Reserves +€10,323
up €10,323 (+12.4%), from €83,129 to €93,452
- Debts after one year -€6,689
down €6,689 (-100%), from €6,689 to €0
- Trade debts -€6,544
down €6,544 (-71.8%), from €9,113 to €2,568
- Gross operating margin -€16,625
down €16,625 (-26.2%), from €63,568 to €46,944
- Depreciation +€6,036
up €6,036 (+23.7%), from €25,459 to €31,495
- Taxes -€4,491
down €4,491 (-59.3%), from €7,573 to €3,082
- Financial charges -€657
down €657 (-48.0%), from €1,369 to €712
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 | €145,108 | €114,017 | -€31,091 | -21.4% |
| Fixed assets | 21/28 | €37,924 | €26,658 | -€11,266 | -29.7% |
| Tangible fixed assets | 22/27 | €37,924 | €26,658 | -€11,266 | -29.7% |
| Land and buildings | 22 | €3,410 | €3,038 | -€371 | -10.9% |
| Plant, machinery and equipment | 23 | €5,231 | €3,381 | -€1,850 | -35.4% |
| Furniture and vehicles | 24 | €29,283 | €20,238 | -€9,045 | -30.9% |
| Current assets | 29/58 | €107,185 | €87,359 | -€19,826 | -18.5% |
| Stocks and contracts in progress | 3 | €2,466 | €3,373 | +€907 | +36.8% |
| Stocks | 30/36 | €2,466 | €3,373 | +€907 | +36.8% |
| Amounts receivable within one year | 40/41 | €26,573 | €6,286 | -€20,287 | -76.3% |
| Trade receivables | 40 | €21,646 | €4,903 | -€16,743 | -77.3% |
| Other amounts receivable | 41 | €4,927 | €1,383 | -€3,544 | -71.9% |
| Cash at bank and in hand | 54/58 | €73,879 | €77,699 | +€3,820 | +5.2% |
| Deferred charges and accrued income | 490/1 | €4,266 | €0 | -€4,266 | -100% |
| Total equity and liabilities | 10/49 | €145,108 | €114,017 | -€31,091 | -21.4% |
| Equity | 10/15 | €86,129 | €96,452 | +€10,323 | +12.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €83,129 | €93,452 | +€10,323 | +12.4% |
| Distributable reserves | 133 | €83,129 | €93,452 | +€10,323 | +12.4% |
| Amounts payable | 17/49 | €58,979 | €17,565 | -€41,415 | -70.2% |
| Amounts payable after more than one year | 17 | €6,689 | €0 | -€6,689 | -100% |
| Financial debts | 170/4 | €6,689 | €0 | -€6,689 | -100% |
| Amounts payable within one year | 42/48 | €52,290 | €17,565 | -€34,725 | -66.4% |
| Current portion of amounts payable after more than one year | 42 | €12,944 | €6,689 | -€6,254 | -48.3% |
| Trade debts | 44 | €9,113 | €2,568 | -€6,544 | -71.8% |
| Suppliers | 440/4 | €9,113 | €2,568 | -€6,544 | -71.8% |
| Taxes, remuneration and social security | 45 | €16,003 | €4,811 | -€11,191 | -69.9% |
| Taxes | 450/3 | €16,003 | €4,811 | -€11,191 | -69.9% |
| Other amounts payable | 47/48 | €14,231 | €3,496 | -€10,735 | -75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,459 | €31,495 | +€6,036 | +23.7% |
| Other operating charges | 640/8 | €1,057 | €1,331 | +€273 | +25.9% |
| Gross operating margin | 9900 | €63,568 | €46,944 | -€16,625 | -26.2% |
| Operating profit (loss) | 9901 | €37,052 | €14,117 | -€22,934 | -61.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,369 | €712 | -€657 | -48.0% |
| Recurring financial charges | 65 | €1,369 | €712 | -€657 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €35,683 | €13,405 | -€22,277 | -62.4% |
| Income taxes | 67/77 | €7,573 | €3,082 | -€4,491 | -59.3% |
| Profit (loss) for the period | 9904 | €28,110 | €10,323 | -€17,787 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,110 | €10,323 | -€17,787 | -63.3% |
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 24 October 2026 via checked.be.