Verstappen Catering: what changed
Verstappen Catering
Largest movements
- Stocks and contracts +€92,250
up €92,250 (+1,423%), from €6,481 to €98,731
of which Contracts in progress: +€91,621
- Financial fixed assets -€50,000
down €50,000 (-100%), from €50,000 to €0
- Tangible fixed assets +€48,796
up €48,796 (+96.0%), from €50,806 to €99,602
- Cash -€41,748
down €41,748 (-100.0%), from €41,765 to €17
mainly Stocks and contracts (-€92,250) and Other debts (-€15,850)
- Receivables within one year -€6,810
down €6,810 (-17.4%), from €39,193 to €32,382
of which Trade receivables: -€20,237
- Current portion of long-term debt +€50,529
new in 2025: €50,529
- Other debts -€15,850
down €15,850 (-97.0%), from €16,335 to €485
- Trade debts +€6,068
up €6,068 (+21.7%), from €28,007 to €34,075
- Reserves +€5,103
up €5,103 (+4.3%), from €119,944 to €125,047
- Tax, wage and social debts -€3,362
down €3,362 (-18.7%), from €17,958 to €14,596
of which Taxes: -€6,319
- Staff costs +€71,150
up €71,150 (+123%), from €57,655 to €128,805
- Gross operating margin +€48,088
up €48,088 (+50.3%), from €95,584 to €143,671
- Depreciation +€6,873
up €6,873 (+235%), from €2,922 to €9,795
- Taxes -€6,115
down €6,115 (-100%), from €6,115 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,244 | €230,732 | +€42,488 | +22.6% |
| Fixed assets | 21/28 | €100,806 | €99,602 | -€1,204 | -1.2% |
| Tangible fixed assets | 22/27 | €50,806 | €99,602 | +€48,796 | +96.0% |
| Plant, machinery and equipment | 23 | €50,806 | €99,602 | +€48,796 | +96.0% |
| Financial fixed assets | 28 | €50,000 | €0 | -€50,000 | -100% |
| Current assets | 29/58 | €87,438 | €131,130 | +€43,692 | +50.0% |
| Stocks and contracts in progress | 3 | €6,481 | €98,731 | +€92,250 | +1,423% |
| Stocks | 30/36 | €2,981 | €3,610 | +€629 | +21.1% |
| Contracts in progress | 37 | €3,500 | €95,121 | +€91,621 | +2,618% |
| Amounts receivable within one year | 40/41 | €39,193 | €32,382 | -€6,810 | -17.4% |
| Trade receivables | 40 | €39,193 | €18,956 | -€20,237 | -51.6% |
| Other amounts receivable | 41 | - | €13,427 | +€13,427 | |
| Cash at bank and in hand | 54/58 | €41,765 | €17 | -€41,748 | -100.0% |
| Total equity and liabilities | 10/49 | €188,244 | €230,732 | +€42,488 | +22.6% |
| Equity | 10/15 | €125,944 | €131,047 | +€5,103 | +4.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €119,944 | €125,047 | +€5,103 | +4.3% |
| Distributable reserves | 133 | €119,944 | €125,047 | +€5,103 | +4.3% |
| Amounts payable | 17/49 | €62,300 | €99,685 | +€37,385 | +60.0% |
| Amounts payable within one year | 42/48 | €62,300 | €99,685 | +€37,385 | +60.0% |
| Current portion of amounts payable after more than one year | 42 | - | €50,529 | +€50,529 | |
| Trade debts | 44 | €28,007 | €34,075 | +€6,068 | +21.7% |
| Suppliers | 440/4 | €28,007 | €34,075 | +€6,068 | +21.7% |
| Taxes, remuneration and social security | 45 | €17,958 | €14,596 | -€3,362 | -18.7% |
| Taxes | 450/3 | €12,434 | €6,115 | -€6,319 | -50.8% |
| Remuneration and social security | 454/9 | €5,524 | €8,481 | +€2,957 | +53.5% |
| Other amounts payable | 47/48 | €16,335 | €485 | -€15,850 | -97.0% |
| Remuneration, social security and pensions | 62 | €57,655 | €128,805 | +€71,150 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,922 | €9,795 | +€6,873 | +235% |
| Other operating charges | 640/8 | €118 | €408 | +€290 | +246% |
| Gross operating margin | 9900 | €95,584 | €143,671 | +€48,088 | +50.3% |
| Operating profit (loss) | 9901 | €34,889 | €4,664 | -€30,225 | -86.6% |
| Financial income | 75/76B | - | €580 | +€580 | |
| Recurring financial income | 75 | - | €580 | +€580 | |
| Financial charges | 65/66B | €183 | €141 | -€43 | -23.4% |
| Recurring financial charges | 65 | €183 | €141 | -€43 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €34,706 | €5,103 | -€29,603 | -85.3% |
| Income taxes | 67/77 | €6,115 | €0 | -€6,115 | -100% |
| Profit (loss) for the period | 9904 | €28,591 | €5,103 | -€23,487 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,591 | €5,103 | -€23,487 | -82.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.