VERTRA: 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.
VERTRA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts +€1,700
up €1,700 (+131.6%), from €1,292 to €2,992
- Other debts -€1,014
down €1,014 (-54.6%), from €1,858 to €843
- Gross operating margin +€1,252
up €1,252 (+38.8%), from -€3,231 to -€1,978
- Depreciation -€935
no longer reported in 2024 (was €935)
- Financial charges -€304
down €304 (-40.4%), from €753 to €449
- Financial income -€97
down €97 (-4.3%), from €2,263 to €2,166
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,509 | €78,743 | +€233 | +0.3% |
| Fixed assets | 21/28 | €10,642 | €10,642 | = | 0.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €687 | €687 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €687 | €687 | = | 0.0% |
| Financial fixed assets | 28 | €9,955 | €9,955 | = | 0.0% |
| Current assets | 29/58 | €67,868 | €68,101 | +€233 | +0.3% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33 | €33 | = | 0.0% |
| Other amounts receivable | 41 | €33 | €33 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,835 | €3,068 | +€233 | +8.2% |
| Total equity and liabilities | 10/49 | €78,509 | €78,743 | +€233 | +0.3% |
| Equity | 10/15 | €75,309 | €74,907 | -€402 | -0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €56,717 | €56,315 | -€402 | -0.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,702 | €32,702 | = | 0.0% |
| Distributable reserves | 133 | €22,156 | €21,754 | -€402 | -1.8% |
| Amounts payable | 17/49 | €3,200 | €3,835 | +€635 | +19.9% |
| Amounts payable within one year | 42/48 | €3,200 | €3,835 | +€635 | +19.9% |
| Trade debts | 44 | €1,292 | €2,992 | +€1,700 | +131.6% |
| Suppliers | 440/4 | €1,292 | €2,992 | +€1,700 | +131.6% |
| Taxes, remuneration and social security | 45 | €50 | - | -€50 | |
| Taxes | 450/3 | €50 | - | -€50 | |
| Other amounts payable | 47/48 | €1,858 | €843 | -€1,014 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €935 | - | -€935 | |
| Other operating charges | 640/8 | €132 | €141 | +€9 | +6.7% |
| Gross operating margin | 9900 | -€3,231 | -€1,978 | +€1,252 | +38.8% |
| Operating profit (loss) | 9901 | -€4,297 | -€2,119 | +€2,178 | +50.7% |
| Financial income | 75/76B | €2,263 | €2,166 | -€97 | -4.3% |
| Recurring financial income | 75 | €2,263 | €2,166 | -€97 | -4.3% |
| Financial charges | 65/66B | €753 | €449 | -€304 | -40.4% |
| Recurring financial charges | 65 | €753 | €449 | -€304 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,787 | -€402 | +€2,385 | +85.6% |
| Profit (loss) for the period | 9904 | -€2,787 | -€402 | +€2,385 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,787 | -€402 | +€2,385 | +85.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.