VERSLUYS RETAIL: 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.
VERSLUYS RETAIL
Largest movements
- Cash +€2.9m
up €2.9m, from €0 to €2.9m
mainly Trade debts (+€2.5m) and Tax, wage and social debts (+€1.1m)
- Tangible fixed assets -€354,719
down €354,719 (-29.7%), from €1.2m to €840,369
- Receivables within one year +€209,026
up €209,026 (+205%), from €102,015 to €311,042
- Trade debts +€2.5m
up €2.5m (+4,989%), from €50,898 to €2.6m
- Other debts -€1.1m
down €1.1m (-100.0%), from €1.1m to €240
- Tax, wage and social debts +€1.1m
new in 2025: €1.1m
- Reserves +€265,834
up €265,834 (+1,518%), from €17,512 to €283,346
of which Distributable reserves: +€265,834
- Profit (loss) carried forward +€75,900
up €75,900, from -€75,900 to €0
- Gross operating margin +€453,317
up €453,317 (+1,219%), from €37,188 to €490,505
- Taxes +€75,093
new in 2025: €75,093
- Purchases and services +€24,132
new in 2025: €24,132
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 | €1,297,103 | €4,054,185 | +€2.8m | +213% |
| Fixed assets | 21/28 | €1,195,088 | €840,369 | -€354,719 | -29.7% |
| Tangible fixed assets | 22/27 | €1,195,088 | €840,369 | -€354,719 | -29.7% |
| Land and buildings | 22 | €1,195,088 | €840,369 | -€354,719 | -29.7% |
| Current assets | 29/58 | €102,015 | €3,213,817 | +€3.1m | +3,050% |
| Amounts receivable within one year | 40/41 | €102,015 | €311,042 | +€209,026 | +205% |
| Other amounts receivable | 41 | €102,015 | €311,042 | +€209,026 | +205% |
| Cash at bank and in hand | 54/58 | €0 | €2,902,775 | +€2.9m | |
| Total equity and liabilities | 10/49 | €1,297,103 | €4,054,185 | +€2.8m | +213% |
| Equity | 10/15 | €41,612 | €383,346 | +€341,734 | +821% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €17,512 | €283,346 | +€265,834 | +1,518% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €7,512 | €273,346 | +€265,834 | +3,539% |
| Profit (loss) carried forward | 14 | -€75,900 | €0 | +€75,900 | |
| Amounts payable | 17/49 | €1,255,492 | €3,670,839 | +€2.4m | +192% |
| Amounts payable after more than one year | 17 | €50,000 | €0 | -€50,000 | -100% |
| Financial debts | 170/4 | €50,000 | €0 | -€50,000 | -100% |
| Amounts payable within one year | 42/48 | €1,205,492 | €3,670,839 | +€2.5m | +205% |
| Financial debts | 43 | €60,355 | €0 | -€60,355 | -100% |
| Credit institutions | 430/8 | €60,355 | €0 | -€60,355 | -100% |
| Trade debts | 44 | €50,898 | €2,589,988 | +€2.5m | +4,989% |
| Suppliers | 440/4 | €50,898 | €2,589,988 | +€2.5m | +4,989% |
| Taxes, remuneration and social security | 45 | - | €1,080,611 | +€1.1m | |
| Taxes | 450/3 | - | €1,080,611 | +€1.1m | |
| Other amounts payable | 47/48 | €1,094,238 | €240 | -€1.1m | -100.0% |
| Non-recurring operating income | 76A | - | €10,489 | +€10,489 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €24,132 | +€24,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,317 | €21,572 | -€745 | -3.3% |
| Other operating charges | 640/8 | €11,723 | €12,453 | +€730 | +6.2% |
| Gross operating margin | 9900 | €37,188 | €490,505 | +€453,317 | +1,219% |
| Operating profit (loss) | 9901 | €3,149 | €456,480 | +€453,332 | +14,398% |
| Financial income | 75/76B | €3,077 | €2,467 | -€609 | -19.8% |
| Recurring financial income | 75 | €3,077 | €2,467 | -€609 | -19.8% |
| Financial charges | 65/66B | €44,718 | €42,120 | -€2,597 | -5.8% |
| Recurring financial charges | 65 | €44,718 | €42,120 | -€2,597 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€38,493 | €416,827 | +€455,320 | |
| Income taxes | 67/77 | - | €75,093 | +€75,093 | |
| Profit (loss) for the period | 9904 | -€38,493 | €341,734 | +€380,227 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,493 | €341,734 | +€380,227 |
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 16 October 2026 via checked.be.