VerTi: 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.
VerTi
Largest movements
- Cash +€10,849
up €10,849 (+43.8%), from €24,746 to €35,595
mainly Receivables within one year (+€10,363) and Depreciation (+€8,273)
- Receivables within one year -€10,363
down €10,363 (-58.9%), from €17,591 to €7,228
of which Trade receivables: -€16,527
- Tangible fixed assets -€6,161
down €6,161 (-22.4%), from €27,559 to €21,398
of which Plant, machinery and equipment: -€3,400
- Trade debts -€11,957
down €11,957 (-85.3%), from €14,013 to €2,056
- Profit (loss) carried forward +€6,797
up €6,797 (+29.8%), from €22,774 to €29,571
- Other debts +€1,374
up €1,374 (+30.1%), from €4,558 to €5,931
- Tax, wage and social debts -€1,360
down €1,360 (-20.1%), from €6,769 to €5,409
of which Taxes: -€3,373
- Gross operating margin -€35,317
down €35,317 (-59.7%), from €59,161 to €23,843
- Staff costs -€22,279
down €22,279 (-79.5%), from €28,013 to €5,734
- Other operating charges -€2,911
down €2,911 (-75.7%), from €3,843 to €933
- Taxes -€2,422
down €2,422 (-56.9%), from €4,258 to €1,836
- Financial charges -€600
down €600 (-65.8%), from €911 to €312
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 | €70,565 | €65,586 | -€4,979 | -7.1% |
| Fixed assets | 21/28 | €27,559 | €21,398 | -€6,161 | -22.4% |
| Tangible fixed assets | 22/27 | €27,559 | €21,398 | -€6,161 | -22.4% |
| Plant, machinery and equipment | 23 | €8,035 | €4,635 | -€3,400 | -42.3% |
| Furniture and vehicles | 24 | €19,524 | €16,763 | -€2,761 | -14.1% |
| Current assets | 29/58 | €43,005 | €44,188 | +€1,182 | +2.7% |
| Amounts receivable within one year | 40/41 | €17,591 | €7,228 | -€10,363 | -58.9% |
| Trade receivables | 40 | €17,591 | €1,064 | -€16,527 | -94.0% |
| Other amounts receivable | 41 | - | €6,164 | +€6,164 | |
| Cash at bank and in hand | 54/58 | €24,746 | €35,595 | +€10,849 | +43.8% |
| Deferred charges and accrued income | 490/1 | €669 | €1,364 | +€696 | +104.0% |
| Total equity and liabilities | 10/49 | €70,565 | €65,586 | -€4,979 | -7.1% |
| Equity | 10/15 | €24,774 | €31,571 | +€6,797 | +27.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,774 | €29,571 | +€6,797 | +29.8% |
| Amounts payable | 17/49 | €45,790 | €34,015 | -€11,775 | -25.7% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,340 | €13,397 | -€11,944 | -47.1% |
| Trade debts | 44 | €14,013 | €2,056 | -€11,957 | -85.3% |
| Suppliers | 440/4 | €14,013 | €2,056 | -€11,957 | -85.3% |
| Taxes, remuneration and social security | 45 | €6,769 | €5,409 | -€1,360 | -20.1% |
| Taxes | 450/3 | €6,319 | €2,947 | -€3,373 | -53.4% |
| Remuneration and social security | 454/9 | €450 | €2,462 | +€2,013 | +447.4% |
| Other amounts payable | 47/48 | €4,558 | €5,931 | +€1,374 | +30.1% |
| Accrued charges and deferred income | 492/3 | €450 | €618 | +€168 | +37.4% |
| Remuneration, social security and pensions | 62 | €28,013 | €5,734 | -€22,279 | -79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,874 | €8,273 | +€399 | +5.1% |
| Other operating charges | 640/8 | €3,843 | €933 | -€2,911 | -75.7% |
| Gross operating margin | 9900 | €59,161 | €23,843 | -€35,317 | -59.7% |
| Operating profit (loss) | 9901 | €19,431 | €8,904 | -€10,527 | -54.2% |
| Financial income | 75/76B | €1 | €40 | +€40 | +6618.3% |
| Recurring financial income | 75 | €1 | €40 | +€40 | +6618.3% |
| Financial charges | 65/66B | €911 | €312 | -€600 | -65.8% |
| Recurring financial charges | 65 | €911 | €312 | -€600 | -65.8% |
| Profit (loss) for the period before taxes | 9903 | €18,520 | €8,632 | -€9,887 | -53.4% |
| Income taxes | 67/77 | €4,258 | €1,836 | -€2,422 | -56.9% |
| Profit (loss) for the period | 9904 | €14,262 | €6,797 | -€7,465 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,262 | €6,797 | -€7,465 | -52.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.