VERTIK ACCESS: 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.
VERTIK ACCESS
Largest movements
- Cash +€8,364
up €8,364 (+12.7%), from €65,796 to €74,159
mainly Net result for the year (+€14,601) and Tax, wage and social debts (+€4,364)
- Receivables within one year +€5,765
up €5,765 (+25.9%), from €22,251 to €28,016
of which Trade receivables: +€4,948
- Profit (loss) carried forward +€14,601
up €14,601 (+28.0%), from €52,211 to €66,812
- Tax, wage and social debts +€4,364
up €4,364 (+62.9%), from €6,938 to €11,302
of which Taxes: +€5,595
- Other debts -€3,889
down €3,889 (-26.6%), from €14,621 to €10,732
- Staff costs -€12,953
down €12,953 (-78.0%), from €16,608 to €3,655
- Gross operating margin -€11,712
down €11,712 (-31.2%), from €37,544 to €25,832
- Taxes +€1,709
up €1,709 (+35.6%), from €4,796 to €6,506
- Depreciation -€1,156
down €1,156 (-69.5%), from €1,663 to €506
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 | €90,084 | €104,302 | +€14,218 | +15.8% |
| Fixed assets | 21/28 | €978 | €1,146 | +€168 | +17.1% |
| Tangible fixed assets | 22/27 | €978 | €1,146 | +€168 | +17.1% |
| Plant, machinery and equipment | 23 | €948 | €1,146 | +€198 | +20.8% |
| Furniture and vehicles | 24 | €30 | - | -€30 | |
| Current assets | 29/58 | €89,106 | €103,156 | +€14,050 | +15.8% |
| Stocks and contracts in progress | 3 | €776 | €776 | = | 0.0% |
| Stocks | 30/36 | €776 | €776 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,251 | €28,016 | +€5,765 | +25.9% |
| Trade receivables | 40 | €22,178 | €27,125 | +€4,948 | +22.3% |
| Other amounts receivable | 41 | €73 | €891 | +€817 | +1114.7% |
| Cash at bank and in hand | 54/58 | €65,796 | €74,159 | +€8,364 | +12.7% |
| Deferred charges and accrued income | 490/1 | €284 | €205 | -€78 | -27.7% |
| Total equity and liabilities | 10/49 | €90,084 | €104,302 | +€14,218 | +15.8% |
| Equity | 10/15 | €66,471 | €81,072 | +€14,601 | +22.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | €52,211 | €66,812 | +€14,601 | +28.0% |
| Amounts payable | 17/49 | €23,613 | €23,229 | -€384 | -1.6% |
| Amounts payable within one year | 42/48 | €23,613 | €23,229 | -€384 | -1.6% |
| Trade debts | 44 | €2,054 | €1,195 | -€859 | -41.8% |
| Suppliers | 440/4 | €2,054 | €1,195 | -€859 | -41.8% |
| Taxes, remuneration and social security | 45 | €6,938 | €11,302 | +€4,364 | +62.9% |
| Taxes | 450/3 | €5,707 | €11,302 | +€5,595 | +98.0% |
| Remuneration and social security | 454/9 | €1,231 | - | -€1,231 | |
| Other amounts payable | 47/48 | €14,621 | €10,732 | -€3,889 | -26.6% |
| Remuneration, social security and pensions | 62 | €16,608 | €3,655 | -€12,953 | -78.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,663 | €506 | -€1,156 | -69.5% |
| Other operating charges | 640/8 | €585 | €522 | -€63 | -10.8% |
| Gross operating margin | 9900 | €37,544 | €25,832 | -€11,712 | -31.2% |
| Operating profit (loss) | 9901 | €18,688 | €21,149 | +€2,461 | +13.2% |
| Financial income | 75/76B | €94 | €25 | -€69 | -73.3% |
| Recurring financial income | 75 | €94 | €25 | -€69 | -73.3% |
| Financial charges | 65/66B | €157 | €67 | -€90 | -57.4% |
| Recurring financial charges | 65 | €157 | €67 | -€90 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | €18,625 | €21,107 | +€2,482 | +13.3% |
| Income taxes | 67/77 | €4,796 | €6,506 | +€1,709 | +35.6% |
| Profit (loss) for the period | 9904 | €13,829 | €14,601 | +€773 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,829 | €14,601 | +€773 | +5.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.