VERTO Mobility: 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.
VERTO Mobility
Largest movements
- Stocks and contracts -€97,598
down €97,598 (-9.5%), from €1.0m to €931,447
- Cash -€64,921
down €64,921 (-11.6%), from €557,591 to €492,671
mainly Debts after one year (-€330,036) and Contributions, distributions and other (-€172,682)
- Tangible fixed assets +€52,382
up €52,382 (+45.4%), from €115,439 to €167,820
of which Plant, machinery and equipment: +€46,655
- Receivables within one year +€40,715
up €40,715 (+32.1%), from €126,876 to €167,591
of which Trade receivables: +€37,258
- Debts after one year -€330,036
down €330,036 (-99.1%), from €333,000 to €2,964
- Other debts +€172,682
new in 2025: €172,682
- Profit (loss) carried forward -€168,878
down €168,878 (-100.0%), from €168,878 to €0
- Reserves +€124,437
up €124,437 (+44.9%), from €276,869 to €401,306
- Tax, wage and social debts +€94,372
up €94,372 (+110.5%), from €85,396 to €179,767
of which Taxes: +€78,729
- Staff costs +€131,742
up €131,742 (+40.0%), from €329,752 to €461,493
- Gross operating margin +€81,006
up €81,006 (+12.3%), from €660,637 to €741,643
- Financial charges -€26,413
down €26,413 (-44.9%), from €58,788 to €32,375
- Taxes +€8,538
up €8,538 (+15.6%), from €54,748 to €63,286
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 | €1,871,416 | €1,802,423 | -€68,993 | -3.7% |
| Fixed assets | 21/28 | €125,032 | €177,054 | +€52,022 | +41.6% |
| Intangible fixed assets | 21 | €2,093 | €1,733 | -€360 | -17.2% |
| Tangible fixed assets | 22/27 | €115,439 | €167,820 | +€52,382 | +45.4% |
| Land and buildings | 22 | €494 | €0 | -€494 | -100.0% |
| Plant, machinery and equipment | 23 | €44,593 | €91,248 | +€46,655 | +104.6% |
| Furniture and vehicles | 24 | €66,590 | €47,825 | -€18,766 | -28.2% |
| Other tangible fixed assets | 26 | €3,761 | €28,747 | +€24,986 | +664.4% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €1,746,384 | €1,625,369 | -€121,015 | -6.9% |
| Stocks and contracts in progress | 3 | €1,029,045 | €931,447 | -€97,598 | -9.5% |
| Stocks | 30/36 | €1,029,045 | €931,447 | -€97,598 | -9.5% |
| Amounts receivable within one year | 40/41 | €126,876 | €167,591 | +€40,715 | +32.1% |
| Trade receivables | 40 | €120,132 | €157,390 | +€37,258 | +31.0% |
| Other amounts receivable | 41 | €6,744 | €10,201 | +€3,457 | +51.3% |
| Cash at bank and in hand | 54/58 | €557,591 | €492,671 | -€64,921 | -11.6% |
| Deferred charges and accrued income | 490/1 | €32,871 | €33,661 | +€789 | +2.4% |
| Total equity and liabilities | 10/49 | €1,871,416 | €1,802,423 | -€68,993 | -3.7% |
| Equity | 10/15 | €515,747 | €471,306 | -€44,441 | -8.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €276,869 | €401,306 | +€124,437 | +44.9% |
| Distributable reserves | 133 | €276,869 | €401,306 | +€124,437 | +44.9% |
| Profit (loss) carried forward | 14 | €168,878 | €0 | -€168,878 | -100.0% |
| Amounts payable | 17/49 | €1,355,668 | €1,331,116 | -€24,552 | -1.8% |
| Amounts payable after more than one year | 17 | €333,000 | €2,964 | -€330,036 | -99.1% |
| Financial debts | 170/4 | €333,000 | €2,964 | -€330,036 | -99.1% |
| Amounts payable within one year | 42/48 | €1,022,668 | €1,328,152 | +€305,484 | +29.9% |
| Current portion of amounts payable after more than one year | 42 | - | €25,000 | +€25,000 | |
| Financial debts | 43 | €800,551 | €801,164 | +€614 | +0.1% |
| Credit institutions | 430/8 | €800,551 | €801,164 | +€614 | +0.1% |
| Trade debts | 44 | €136,722 | €149,539 | +€12,817 | +9.4% |
| Suppliers | 440/4 | €136,722 | €149,539 | +€12,817 | +9.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €85,396 | €179,767 | +€94,372 | +110.5% |
| Taxes | 450/3 | €71,424 | €150,153 | +€78,729 | +110.2% |
| Remuneration and social security | 454/9 | €13,972 | €29,614 | +€15,642 | +112.0% |
| Other amounts payable | 47/48 | - | €172,682 | +€172,682 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €329,752 | €461,493 | +€131,742 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,952 | €45,874 | +€5,921 | +14.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,000 | €0 | +€3,000 | |
| Other operating charges | 640/8 | €11,563 | €10,395 | -€1,168 | -10.1% |
| Gross operating margin | 9900 | €660,637 | €741,643 | +€81,006 | +12.3% |
| Operating profit (loss) | 9901 | €282,370 | €223,881 | -€58,489 | -20.7% |
| Financial income | 75/76B | €44 | €22 | -€22 | -50.4% |
| Recurring financial income | 75 | €44 | €22 | -€22 | -50.4% |
| Financial charges | 65/66B | €58,788 | €32,375 | -€26,413 | -44.9% |
| Recurring financial charges | 65 | €58,788 | €32,375 | -€26,413 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €223,626 | €191,528 | -€32,098 | -14.4% |
| Income taxes | 67/77 | €54,748 | €63,286 | +€8,538 | +15.6% |
| Profit (loss) for the period | 9904 | €168,878 | €128,241 | -€40,636 | -24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €168,878 | €128,241 | -€40,636 | -24.1% |
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 3 October 2026 via checked.be.