Versier&Co: 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.
Versier&Co
Largest movements
- Cash +€116,924
up €116,924 (+802%), from €14,571 to €131,495
mainly Net result for the year (+€73,049) and Current investments (+€25,000)
- Current investments -€25,000
down €25,000 (-96.1%), from €26,017 to €1,017
- Stocks and contracts -€6,533
down €6,533 (-100%), from €6,533 to €0
- Tangible fixed assets -€3,547
down €3,547 (-17.0%), from €20,917 to €17,369
of which Land and buildings: -€5,789
- Reserves +€73,049
up €73,049 (+97.8%), from €74,726 to €147,775
of which Distributable reserves: +€73,049
- Tax, wage and social debts +€13,713
up €13,713 (+230%), from €5,957 to €19,670
- Other debts -€3,885
down €3,885 (-23.4%), from €16,577 to €12,692
- Gross operating margin +€42,633
up €42,633 (+55.3%), from €77,071 to €119,704
- Taxes +€15,004
up €15,004 (+75.3%), from €19,914 to €34,918
- Depreciation -€1,573
down €1,573 (-17.1%), from €9,206 to €7,633
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 | €120,479 | €203,088 | +€82,609 | +68.6% |
| Fixed assets | 21/28 | €21,447 | €17,900 | -€3,547 | -16.5% |
| Tangible fixed assets | 22/27 | €20,917 | €17,369 | -€3,547 | -17.0% |
| Land and buildings | 22 | €14,981 | €9,192 | -€5,789 | -38.6% |
| Plant, machinery and equipment | 23 | €1,247 | €813 | -€434 | -34.8% |
| Furniture and vehicles | 24 | €4,688 | €7,364 | +€2,676 | +57.1% |
| Financial fixed assets | 28 | €531 | €531 | = | 0.0% |
| Current assets | 29/58 | €99,032 | €185,188 | +€86,156 | +87.0% |
| Stocks and contracts in progress | 3 | €6,533 | €0 | -€6,533 | -100% |
| Stocks | 30/36 | €6,533 | €0 | -€6,533 | -100% |
| Amounts receivable within one year | 40/41 | €50,114 | €51,635 | +€1,521 | +3.0% |
| Trade receivables | 40 | €40,941 | €51,570 | +€10,629 | +26.0% |
| Other amounts receivable | 41 | €9,173 | €65 | -€9,108 | -99.3% |
| Current investments | 50/53 | €26,017 | €1,017 | -€25,000 | -96.1% |
| Cash at bank and in hand | 54/58 | €14,571 | €131,495 | +€116,924 | +802% |
| Deferred charges and accrued income | 490/1 | €1,798 | €1,042 | -€756 | -42.1% |
| Total equity and liabilities | 10/49 | €120,479 | €203,088 | +€82,609 | +68.6% |
| Equity | 10/15 | €93,276 | €166,325 | +€73,049 | +78.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €74,726 | €147,775 | +€73,049 | +97.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €74,726 | €147,775 | +€73,049 | +97.8% |
| Amounts payable | 17/49 | €27,204 | €36,763 | +€9,560 | +35.1% |
| Amounts payable within one year | 42/48 | €26,041 | €35,803 | +€9,763 | +37.5% |
| Current portion of amounts payable after more than one year | 42 | €1,900 | €1,900 | = | 0.0% |
| Financial debts | 43 | €398 | €839 | +€442 | +111% |
| Credit institutions | 430/8 | €398 | €839 | +€442 | +111% |
| Trade debts | 44 | €1,210 | €703 | -€507 | -41.9% |
| Suppliers | 440/4 | €1,210 | €703 | -€507 | -41.9% |
| Taxes, remuneration and social security | 45 | €5,957 | €19,670 | +€13,713 | +230% |
| Taxes | 450/3 | €5,957 | €19,670 | +€13,713 | +230% |
| Other amounts payable | 47/48 | €16,577 | €12,692 | -€3,885 | -23.4% |
| Accrued charges and deferred income | 492/3 | €1,163 | €960 | -€203 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,206 | €7,633 | -€1,573 | -17.1% |
| Other operating charges | 640/8 | €2,431 | €2,444 | +€13 | +0.5% |
| Non-recurring operating charges | 66A | - | €1,000 | +€1,000 | |
| Gross operating margin | 9900 | €77,071 | €119,704 | +€42,633 | +55.3% |
| Operating profit (loss) | 9901 | €65,434 | €108,628 | +€43,194 | +66.0% |
| Financial income | 75/76B | €128 | €987 | +€859 | +674% |
| Recurring financial income | 75 | €128 | €987 | +€859 | +674% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,330 | €1,648 | -€682 | -29.3% |
| Recurring financial charges | 65 | €2,330 | €1,648 | -€682 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €63,232 | €107,966 | +€44,735 | +70.7% |
| Income taxes | 67/77 | €19,914 | €34,918 | +€15,004 | +75.3% |
| Profit (loss) for the period | 9904 | €43,318 | €73,049 | +€29,731 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,318 | €73,049 | +€29,731 | +68.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.