VERSPREET INVEST: 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.
VERSPREET INVEST
Largest movements
- Tangible fixed assets +€62,090
up €62,090 (+10.6%), from €583,329 to €645,419
- Cash -€34,497
down €34,497 (-74.3%), from €46,438 to €11,941
mainly Investment in fixed assets (net) (-€81,123) and Trade debts (-€11,461)
- Other debts +€48,000
up €48,000 (+7.3%), from €654,250 to €702,250
- Trade debts -€11,461
down €11,461 (-98.3%), from €11,655 to €194
- Profit (loss) carried forward -€8,619
down €8,619 (-20.5%), from -€42,138 to -€50,757
- Depreciation -€29,597
down €29,597 (-60.9%), from €48,630 to €19,033
- Gross operating margin +€3,081
up €3,081 (+41.3%), from €7,454 to €10,534
- Other operating charges -€528
down €528 (-53.4%), from €990 to €462
- Financial income +€302
up €302 (+358%), from €84 to €386
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 | €629,767 | €657,687 | +€27,920 | +4.4% |
| Fixed assets | 21/28 | €583,329 | €645,419 | +€62,090 | +10.6% |
| Tangible fixed assets | 22/27 | €583,329 | €645,419 | +€62,090 | +10.6% |
| Land and buildings | 22 | €583,329 | €645,419 | +€62,090 | +10.6% |
| Current assets | 29/58 | €46,438 | €12,268 | -€34,170 | -73.6% |
| Cash at bank and in hand | 54/58 | €46,438 | €11,941 | -€34,497 | -74.3% |
| Deferred charges and accrued income | 490/1 | - | €327 | +€327 | |
| Total equity and liabilities | 10/49 | €629,767 | €657,687 | +€27,920 | +4.4% |
| Equity | 10/15 | -€36,138 | -€44,757 | -€8,619 | -23.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,138 | -€50,757 | -€8,619 | -20.5% |
| Amounts payable | 17/49 | €665,905 | €702,444 | +€36,539 | +5.5% |
| Amounts payable within one year | 42/48 | €665,905 | €702,444 | +€36,539 | +5.5% |
| Trade debts | 44 | €11,655 | €194 | -€11,461 | -98.3% |
| Suppliers | 440/4 | €11,655 | €194 | -€11,461 | -98.3% |
| Other amounts payable | 47/48 | €654,250 | €702,250 | +€48,000 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,630 | €19,033 | -€29,597 | -60.9% |
| Other operating charges | 640/8 | €990 | €462 | -€528 | -53.4% |
| Gross operating margin | 9900 | €7,454 | €10,534 | +€3,081 | +41.3% |
| Operating profit (loss) | 9901 | -€42,166 | -€8,960 | +€33,206 | +78.8% |
| Financial income | 75/76B | €84 | €386 | +€302 | +358% |
| Recurring financial income | 75 | €84 | €386 | +€302 | +358% |
| Financial charges | 65/66B | €57 | €45 | -€12 | -20.4% |
| Recurring financial charges | 65 | €57 | €45 | -€12 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | -€42,138 | -€8,619 | +€33,520 | +79.5% |
| Profit (loss) for the period | 9904 | -€42,138 | -€8,619 | +€33,520 | +79.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,138 | -€8,619 | +€33,520 | +79.5% |
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 28 October 2026 via checked.be.