VERTO BUILDING SOLUTIONS: 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.
VERTO BUILDING SOLUTIONS
Largest movements
- Cash +€204,128
up €204,128 (+134%), from €152,461 to €356,589
mainly Current investments (+€200,000) and Tax, wage and social debts (+€12,325)
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Receivables within one year +€25,078
up €25,078 (+21.7%), from €115,563 to €140,641
of which Trade receivables: +€49,453
- Tangible fixed assets -€6,542
down €6,542 (-19.4%), from €33,668 to €27,126
of which Other tangible fixed assets: -€3,637
- Tax, wage and social debts +€12,325
up €12,325 (+2,293%), from €537 to €12,862
of which Taxes: +€12,349
- Trade debts +€12,315
up €12,315 (+4.4%), from €277,953 to €290,268
- Gross operating margin -€13,382
down €13,382 (-42.8%), from €31,229 to €17,847
- Taxes -€3,068
down €3,068 (-42.6%), from €7,196 to €4,127
- Financial income -€1,461
down €1,461 (-29.2%), from €5,002 to €3,540
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 | €502,292 | €529,417 | +€27,125 | +5.4% |
| Fixed assets | 21/28 | €33,668 | €30,848 | -€2,820 | -8.4% |
| Intangible fixed assets | 21 | - | €3,723 | +€3,723 | |
| Tangible fixed assets | 22/27 | €33,668 | €27,126 | -€6,542 | -19.4% |
| Land and buildings | 22 | €7,282 | €7,032 | -€250 | -3.4% |
| Plant, machinery and equipment | 23 | €3,157 | €2,108 | -€1,049 | -33.2% |
| Furniture and vehicles | 24 | €7,725 | €6,119 | -€1,606 | -20.8% |
| Other tangible fixed assets | 26 | €15,504 | €11,866 | -€3,637 | -23.5% |
| Current assets | 29/58 | €468,625 | €498,569 | +€29,945 | +6.4% |
| Amounts receivable within one year | 40/41 | €115,563 | €140,641 | +€25,078 | +21.7% |
| Trade receivables | 40 | €86,307 | €135,760 | +€49,453 | +57.3% |
| Other amounts receivable | 41 | €29,256 | €4,881 | -€24,375 | -83.3% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €152,461 | €356,589 | +€204,128 | +134% |
| Deferred charges and accrued income | 490/1 | €601 | €1,339 | +€739 | +123% |
| Total equity and liabilities | 10/49 | €502,292 | €529,417 | +€27,125 | +5.4% |
| Equity | 10/15 | €187,954 | €193,140 | +€5,186 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,754 | €186,940 | +€5,186 | +2.9% |
| Distributable reserves | 133 | €181,754 | €186,940 | +€5,186 | +2.9% |
| Amounts payable | 17/49 | €314,338 | €336,277 | +€21,939 | +7.0% |
| Amounts payable within one year | 42/48 | €308,255 | €330,988 | +€22,732 | +7.4% |
| Trade debts | 44 | €277,953 | €290,268 | +€12,315 | +4.4% |
| Suppliers | 440/4 | €277,953 | €290,268 | +€12,315 | +4.4% |
| Advances received on contracts in progress | 46 | €1,198 | €0 | -€1,198 | -100% |
| Taxes, remuneration and social security | 45 | €537 | €12,862 | +€12,325 | +2,293% |
| Taxes | 450/3 | €513 | €12,862 | +€12,349 | +2,406% |
| Remuneration and social security | 454/9 | €24 | €0 | -€24 | -100% |
| Other amounts payable | 47/48 | €28,567 | €27,858 | -€709 | -2.5% |
| Accrued charges and deferred income | 492/3 | €6,083 | €5,289 | -€793 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,852 | €8,949 | +€97 | +1.1% |
| Other operating charges | 640/8 | €1,239 | €1,050 | -€189 | -15.3% |
| Gross operating margin | 9900 | €31,229 | €17,847 | -€13,382 | -42.8% |
| Operating profit (loss) | 9901 | €21,138 | €7,849 | -€13,289 | -62.9% |
| Financial income | 75/76B | €5,002 | €3,540 | -€1,461 | -29.2% |
| Recurring financial income | 75 | €5,002 | €3,540 | -€1,461 | -29.2% |
| Financial charges | 65/66B | €1,924 | €2,076 | +€152 | +7.9% |
| Recurring financial charges | 65 | €1,924 | €2,076 | +€152 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €24,216 | €9,313 | -€14,903 | -61.5% |
| Income taxes | 67/77 | €7,196 | €4,127 | -€3,068 | -42.6% |
| Profit (loss) for the period | 9904 | €17,020 | €5,186 | -€11,834 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,020 | €5,186 | -€11,834 | -69.5% |
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 27 October 2026 via checked.be.