VERSPECHT DIRK & C°: what changed
Two fiscal 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.
VERSPECHT DIRK & C°
Largest movements
- Cash +€23,957
up €23,957 (+30.7%), from €78,117 to €102,075
mainly Receivables after one year (+€20,000) and Receivables within one year (+€13,947)
- Receivables after one year -€20,000
down €20,000 (-10.6%), from €189,326 to €169,326
- Receivables within one year -€13,947
down €13,947 (-26.2%), from €53,328 to €39,380
of which Trade receivables: -€10,655
- Tangible fixed assets +€7,068
up €7,068 (+42.1%), from €16,771 to €23,839
of which Furniture and vehicles: +€7,835
- Other debts -€12,814
down €12,814 (-19.3%), from €66,262 to €53,448
- Trade debts -€10,528
down €10,528 (-62.1%), from €16,950 to €6,421
- Accrued charges and deferred income +€8,930
up €8,930 (+123.1%), from €7,255 to €16,185
- Reserves +€8,373
up €8,373 (+3.4%), from €244,387 to €252,760
of which Distributable reserves: +€8,373
- Gross operating margin -€15,653
down €15,653 (-43.0%), from €36,429 to €20,776
- Staff costs -€11,138
down €11,138 (-87.8%), from €12,690 to €1,552
- Taxes -€2,136
down €2,136 (-39.8%), from €5,362 to €3,226
- Other operating charges -€1,272
down €1,272 (-66.9%), from €1,901 to €630
- Depreciation +€556
up €556 (+15.1%), from €3,685 to €4,241
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.
Cash bridge derived
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 | €356,422 | €353,023 | -€3,400 | -1.0% |
| Fixed assets | 21/28 | €16,771 | €23,839 | +€7,068 | +42.1% |
| Tangible fixed assets | 22/27 | €16,771 | €23,839 | +€7,068 | +42.1% |
| Plant, machinery and equipment | 23 | €9,392 | €8,625 | -€767 | -8.2% |
| Furniture and vehicles | 24 | €7,379 | €15,214 | +€7,835 | +106.2% |
| Current assets | 29/58 | €339,651 | €329,184 | -€10,467 | -3.1% |
| Amounts receivable after more than one year | 29 | €189,326 | €169,326 | -€20,000 | -10.6% |
| Other amounts receivable | 291 | €189,326 | €169,326 | -€20,000 | -10.6% |
| Stocks and contracts in progress | 3 | €15,822 | €14,216 | -€1,605 | -10.1% |
| Stocks | 30/36 | €15,822 | €14,216 | -€1,605 | -10.1% |
| Amounts receivable within one year | 40/41 | €53,328 | €39,380 | -€13,947 | -26.2% |
| Trade receivables | 40 | €43,316 | €32,661 | -€10,655 | -24.6% |
| Other amounts receivable | 41 | €10,012 | €6,719 | -€3,292 | -32.9% |
| Cash at bank and in hand | 54/58 | €78,117 | €102,075 | +€23,957 | +30.7% |
| Deferred charges and accrued income | 490/1 | €3,058 | €4,186 | +€1,129 | +36.9% |
| Total equity and liabilities | 10/49 | €356,422 | €353,023 | -€3,400 | -1.0% |
| Equity | 10/15 | €262,987 | €271,360 | +€8,373 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €244,387 | €252,760 | +€8,373 | +3.4% |
| Non-distributable reserves | 130/1 | €11,940 | €11,940 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,940 | €11,940 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €213,697 | €222,070 | +€8,373 | +3.9% |
| Amounts payable | 17/49 | €93,435 | €81,662 | -€11,773 | -12.6% |
| Amounts payable within one year | 42/48 | €86,181 | €65,477 | -€20,703 | -24.0% |
| Trade debts | 44 | €16,950 | €6,421 | -€10,528 | -62.1% |
| Suppliers | 440/4 | €16,950 | €6,421 | -€10,528 | -62.1% |
| Taxes, remuneration and social security | 45 | €2,969 | €5,608 | +€2,639 | +88.9% |
| Taxes | 450/3 | €2,969 | €3,076 | +€107 | +3.6% |
| Remuneration and social security | 454/9 | - | €2,532 | +€2,532 | |
| Other amounts payable | 47/48 | €66,262 | €53,448 | -€12,814 | -19.3% |
| Accrued charges and deferred income | 492/3 | €7,255 | €16,185 | +€8,930 | +123.1% |
| Remuneration, social security and pensions | 62 | €12,690 | €1,552 | -€11,138 | -87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,685 | €4,241 | +€556 | +15.1% |
| Other operating charges | 640/8 | €1,901 | €630 | -€1,272 | -66.9% |
| Non-recurring operating charges | 66A | - | €3,244 | +€3,244 | |
| Gross operating margin | 9900 | €36,429 | €20,776 | -€15,653 | -43.0% |
| Operating profit (loss) | 9901 | €18,152 | €11,109 | -€7,043 | -38.8% |
| Financial income | 75/76B | €1,077 | €616 | -€461 | -42.8% |
| Recurring financial income | 75 | €1,077 | €616 | -€461 | -42.8% |
| Financial charges | 65/66B | €316 | €125 | -€191 | -60.3% |
| Recurring financial charges | 65 | €316 | €125 | -€191 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | €18,914 | €11,600 | -€7,314 | -38.7% |
| Income taxes | 67/77 | €5,362 | €3,226 | -€2,136 | -39.8% |
| Profit (loss) for the period | 9904 | €13,552 | €8,373 | -€5,178 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,552 | €8,373 | -€5,178 | -38.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.