VERT 2000: 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.
VERT 2000
Largest movements
- Tangible fixed assets -€33,722
down €33,722 (-22.5%), from €149,900 to €116,177
of which Furniture and vehicles: -€29,804
- Receivables within one year -€31,508
down €31,508 (-58.0%), from €54,338 to €22,830
of which Other amounts receivable: -€30,526
- Cash +€2,288
up €2,288 (+20.8%), from €11,019 to €13,307
mainly Depreciation (+€39,397) and Receivables within one year (+€31,508)
- Debts after one year -€23,872
down €23,872 (-31.2%), from €76,463 to €52,591
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Trade debts -€14,975
down €14,975 (-54.1%), from €27,684 to €12,709
- Tax, wage and social debts -€5,965
down €5,965 (-76.1%), from €7,839 to €1,874
- Current portion of long-term debt -€2,412
down €2,412 (-9.0%), from €26,811 to €24,400
- Gross operating margin -€13,756
down €13,756 (-21.1%), from €65,133 to €51,377
- Depreciation +€4,497
up €4,497 (+12.9%), from €34,900 to €39,397
- Taxes -€1,215
down €1,215 (-44.6%), from €2,724 to €1,509
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 | €215,402 | €152,668 | -€62,733 | -29.1% |
| Fixed assets | 21/28 | €149,900 | €116,177 | -€33,722 | -22.5% |
| Tangible fixed assets | 22/27 | €149,900 | €116,177 | -€33,722 | -22.5% |
| Land and buildings | 22 | €9,753 | €11,942 | +€2,189 | +22.4% |
| Plant, machinery and equipment | 23 | €21,190 | €15,083 | -€6,107 | -28.8% |
| Furniture and vehicles | 24 | €118,956 | €89,153 | -€29,804 | -25.1% |
| Current assets | 29/58 | €65,502 | €36,491 | -€29,011 | -44.3% |
| Amounts receivable within one year | 40/41 | €54,338 | €22,830 | -€31,508 | -58.0% |
| Trade receivables | 40 | €10,432 | €9,450 | -€982 | -9.4% |
| Other amounts receivable | 41 | €43,906 | €13,380 | -€30,526 | -69.5% |
| Cash at bank and in hand | 54/58 | €11,019 | €13,307 | +€2,288 | +20.8% |
| Deferred charges and accrued income | 490/1 | €145 | €354 | +€210 | +145% |
| Total equity and liabilities | 10/49 | €215,402 | €152,668 | -€62,733 | -29.1% |
| Equity | 10/15 | €61,604 | €60,432 | -€1,172 | -1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,544 | €52,372 | -€1,172 | -2.2% |
| Amounts payable | 17/49 | €153,797 | €92,236 | -€61,561 | -40.0% |
| Amounts payable after more than one year | 17 | €76,463 | €52,591 | -€23,872 | -31.2% |
| Financial debts | 170/4 | €76,463 | €52,591 | -€23,872 | -31.2% |
| Amounts payable within one year | 42/48 | €77,334 | €39,645 | -€37,689 | -48.7% |
| Current portion of amounts payable after more than one year | 42 | €26,811 | €24,400 | -€2,412 | -9.0% |
| Financial debts | 43 | - | €663 | +€663 | |
| Credit institutions | 430/8 | - | €663 | +€663 | |
| Trade debts | 44 | €27,684 | €12,709 | -€14,975 | -54.1% |
| Suppliers | 440/4 | €27,684 | €12,709 | -€14,975 | -54.1% |
| Taxes, remuneration and social security | 45 | €7,839 | €1,874 | -€5,965 | -76.1% |
| Taxes | 450/3 | €7,839 | €1,874 | -€5,965 | -76.1% |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Remuneration, social security and pensions | 62 | - | €259 | +€259 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,900 | €39,397 | +€4,497 | +12.9% |
| Other operating charges | 640/8 | €4,870 | €4,482 | -€388 | -8.0% |
| Gross operating margin | 9900 | €65,133 | €51,377 | -€13,756 | -21.1% |
| Operating profit (loss) | 9901 | €25,363 | €7,240 | -€18,123 | -71.5% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.8% |
| Financial charges | 65/66B | €6,721 | €6,903 | +€182 | +2.7% |
| Recurring financial charges | 65 | €6,721 | €6,903 | +€182 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €18,647 | €337 | -€18,311 | -98.2% |
| Income taxes | 67/77 | €2,724 | €1,509 | -€1,215 | -44.6% |
| Profit (loss) for the period | 9904 | €15,924 | -€1,172 | -€17,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,924 | -€1,172 | -€17,096 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.