VERSUNI BELGIUM: 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.
What changed
VERSUNI BELGIUM
NACE 47.540, Retail sale of electrical household appliances
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€276,799
2024 · €706,345-€429,546
Equity
€3.2m
2024 · €2.9m+€276,799
Cash
€1.3m
2024 · €7.3m-€6.0m
Balance sheet total
€18.4m
2024 · €25.7m-€7.3m
Largest movements
Assets
- Cash -€6.0m
down €6.0m (-82.3%), from €7.3m to €1.3m
mainly Trade debts (-€5.3m) and Short-term financial debts (-€4.2m)
- Receivables within one year -€1.1m
down €1.1m (-6.2%), from €17.9m to €16.8m
of which Trade receivables: -€1.2m
Equity and liabilities
- Trade debts -€5.3m
down €5.3m (-31.1%), from €17.2m to €11.8m
- Short-term financial debts -€4.2m
down €4.2m (-100%), from €4.2m to €0
- Provisions +€1.5m
up €1.5m (+9,547%), from €15,425 to €1.5m
- Tax, wage and social debts +€554,387
up €554,387 (+40.2%), from €1.4m to €1.9m
of which Taxes: +€447,355
- Profit (loss) carried forward +€262,959
up €262,959 (+19.8%), from €1.3m to €1.6m
Income statement
- Turnover +€4.4m
up €4.4m (+10.5%), from €42.3m to €46.7m
- Services and other goods +€3.7m
up €3.7m (+75.3%), from €4.9m to €8.5m
- Provisions +€1.5m
up €1.5m (+75,771%), from €1,941 to €1.5m
- Goods and materials -€1.3m
down €1.3m (-3.7%), from €34.9m to €33.6m
of which Purchases: -€1.2m
- Staff costs +€666,610
up €666,610 (+62.1%), from €1.1m to €1.7m
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.
Result 2024
€706,345
Turnover
+€4.4m
Other operating income
-€1,905
Goods and materials
+€1.3m
Services and other goods
-€3.7m
Staff costs
-€666,610
Write-downs
-€388,217
Provisions
-€1.5m
Other operating charges
+€106,023
Financial income
-€23,491
Financial charges
-€84,249
Taxes
+€17,565
Result 2025
€276,799
raises the resultlowers the result
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.
From operations
-€1.8m
Investment
€0
Financing
-€4.2m
Cash 2024
€7.3m
From operations (derived)
-€1.8m
Net result for the year
+€276,799
Depreciation
+€238,200
Stocks and contracts
-€101,295
Receivables within one year
+€1.1m
Deferred charges and accrued income
-€23,352
Provisions
+€1.5m
Trade debts
-€5.3m
Tax, wage and social debts
+€554,387
Other debts
-€18,860
Financing
-€4.2m
Short-term financial debts
-€4.2m
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,715,542 | €18,439,885 | -€7.3m | -28.3% |
| Fixed assets | 21/28 | €357,300 | €119,100 | -€238,200 | -66.7% |
| Intangible fixed assets | 21 | €357,300 | €119,100 | -€238,200 | -66.7% |
| Current assets | 29/58 | €25,358,242 | €18,320,785 | -€7.0m | -27.8% |
| Stocks and contracts in progress | 3 | €4,536 | €105,831 | +€101,295 | +2,233% |
| Stocks | 30/36 | €4,536 | €105,831 | +€101,295 | +2,233% |
| Goods purchased for resale | 34 | €4,536 | €105,831 | +€101,295 | +2,233% |
| Amounts receivable within one year | 40/41 | €17,926,266 | €16,808,504 | -€1.1m | -6.2% |
| Trade receivables | 40 | €17,926,256 | €16,743,516 | -€1.2m | -6.6% |
| Other amounts receivable | 41 | €10 | €64,989 | +€64,979 | +649,785% |
| Cash at bank and in hand | 54/58 | €7,345,534 | €1,301,191 | -€6.0m | -82.3% |
| Deferred charges and accrued income | 490/1 | €81,906 | €105,258 | +€23,352 | +28.5% |
| Total equity and liabilities | 10/49 | €25,715,542 | €18,439,885 | -€7.3m | -28.3% |
| Equity | 10/15 | €2,896,327 | €3,173,127 | +€276,799 | +9.6% |
| Contributions | 10/11 | €1,500,000 | €1,500,000 | = | 0.0% |
| Capital | 10 | €1,500,000 | €1,500,000 | = | 0.0% |
| Issued capital | 100 | €1,500,000 | €1,500,000 | = | 0.0% |
| Reserves | 13 | €69,815 | €83,655 | +€13,840 | +19.8% |
| Non-distributable reserves | 130/1 | €69,815 | €83,655 | +€13,840 | +19.8% |
| Legal reserve | 130 | €69,815 | €83,655 | +€13,840 | +19.8% |
| Profit (loss) carried forward | 14 | €1,326,512 | €1,589,471 | +€262,959 | +19.8% |
| Provisions and deferred taxes | 16 | €15,425 | €1,487,995 | +€1.5m | +9,547% |
| Provisions for liabilities and charges | 160/5 | €15,425 | €1,487,995 | +€1.5m | +9,547% |
| Other liabilities and charges | 164/5 | €15,425 | €1,487,995 | +€1.5m | +9,547% |
| Amounts payable | 17/49 | €22,803,790 | €13,778,763 | -€9.0m | -39.6% |
| Amounts payable within one year | 42/48 | €22,803,790 | €13,778,763 | -€9.0m | -39.6% |
| Financial debts | 43 | €4,217,034 | €0 | -€4.2m | -100% |
| Other loans | 439 | €4,217,034 | €0 | -€4.2m | -100% |
| Trade debts | 44 | €17,166,571 | €11,823,051 | -€5.3m | -31.1% |
| Suppliers | 440/4 | €17,166,571 | €11,823,051 | -€5.3m | -31.1% |
| Taxes, remuneration and social security | 45 | €1,379,892 | €1,934,279 | +€554,387 | +40.2% |
| Taxes | 450/3 | €1,178,990 | €1,626,345 | +€447,355 | +37.9% |
| Remuneration and social security | 454/9 | €200,902 | €307,935 | +€107,033 | +53.3% |
| Other amounts payable | 47/48 | €40,293 | €21,432 | -€18,860 | -46.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €42,282,300 | €46,726,862 | +€4.4m | +10.5% |
| Turnover | 70 | €42,280,076 | €46,726,543 | +€4.4m | +10.5% |
| Other operating income | 74 | €2,224 | €320 | -€1,905 | -85.6% |
| Operating charges | 60/66A | €41,246,426 | €46,030,360 | +€4.8m | +11.6% |
| Goods for resale, raw materials and consumables | 60 | €34,929,364 | €33,637,750 | -€1.3m | -3.7% |
| Purchases | 600/8 | €34,917,051 | €33,739,045 | -€1.2m | -3.4% |
| Change in stocks: decrease (increase) | 609 | €12,313 | -€101,295 | -€113,609 | |
| Services and other goods | 61 | €4,856,539 | €8,512,654 | +€3.7m | +75.3% |
| Remuneration, social security and pensions | 62 | €1,073,624 | €1,740,234 | +€666,610 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238,200 | €238,200 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €388,217 | +€388,217 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,941 | €1,472,571 | +€1.5m | +75,771% |
| Other operating charges | 640/8 | €146,758 | €40,735 | -€106,023 | -72.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €1,035,874 | €696,502 | -€339,372 | -32.8% |
| Financial income | 75/76B | €60,106 | €36,615 | -€23,491 | -39.1% |
| Recurring financial income | 75 | €60,106 | €36,615 | -€23,491 | -39.1% |
| Income from current assets | 751 | €59,636 | €36,580 | -€23,056 | -38.7% |
| Other financial income | 752/9 | €470 | €35 | -€435 | -92.6% |
| Financial charges | 65/66B | €46,290 | €130,538 | +€84,249 | +182% |
| Recurring financial charges | 65 | €46,290 | €130,538 | +€84,249 | +182% |
| Debt charges | 650 | €45,115 | €123,881 | +€78,766 | +175% |
| Other financial charges | 652/9 | €1,174 | €6,657 | +€5,483 | +467% |
| Profit (loss) for the period before taxes | 9903 | €1,049,690 | €602,579 | -€447,111 | -42.6% |
| Income taxes | 67/77 | €343,345 | €325,779 | -€17,565 | -5.1% |
| Taxes | 670/3 | €343,345 | €325,779 | -€17,565 | -5.1% |
| Profit (loss) for the period | 9904 | €706,345 | €276,799 | -€429,546 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €706,345 | €276,799 | -€429,546 | -60.8% |
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 29 October 2026 via checked.be.