VERTRA SERVICES: 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.
What changed
VERTRA SERVICES
NACE 70.200, Business and other management consultancy
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€19,511
2023 · €19,690-€179
Equity
€136,304
2023 · €116,794+€19,511
Cash
-
2023 · €174-€174
Balance sheet total
€1.1m
2023 · €1.1m+€11,985
Largest movements
Assets
- Receivables within one year +€13,846
up €13,846 (+40.0%), from €34,602 to €48,448
of which Other amounts receivable: +€6,991
Equity and liabilities
- Reserves +€19,511
up €19,511 (+74.2%), from €26,295 to €45,805
Income statement
- Financial income -€11,160
down €11,160 (-86.2%), from €12,944 to €1,783
- Provisions -€8,428
new in 2024: -€8,428
- Gross operating margin +€2,020
up €2,020 (+9.5%), from €21,197 to €23,217
- Other operating charges -€467
down €467 (-25.5%), from €1,831 to €1,364
- Depreciation +€276
up €276 (+33.3%), from €830 to €1,107
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.
Result 2023
€19,690
Gross operating margin
+€2,020
Depreciation
-€276
Provisions
+€8,428
Other operating charges
+€467
Financial income
-€11,160
Financial charges
+€104
Taxes
+€238
Result 2024
€19,511
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€1,395
Investment
-€276
Financing
-€1,292
Cash 2023
€174
From operations (derived)
+€1,395
Net result for the year
+€19,511
Depreciation
+€1,107
Receivables within one year
-€13,846
Deferred charges and accrued income
+€857
Provisions
-€8,428
Trade debts
+€2,857
Tax, wage and social debts
-€547
Accrued charges and deferred income
-€114
Investment (derived)
-€276
Investment in fixed assets (net)
-€276
Financing
-€1,292
Debts after one year
-€8,777
Current portion of long-term debt
+€412
Short-term financial debts
+€7,073
Cash 2024
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,078,851 | €1,090,836 | +€11,985 | +1.1% |
| Fixed assets | 21/28 | €1,042,099 | €1,041,269 | -€830 | -0.1% |
| Tangible fixed assets | 22/27 | €1,467 | €637 | -€830 | -56.6% |
| Furniture and vehicles | 24 | €1,467 | €637 | -€830 | -56.6% |
| Financial fixed assets | 28 | €1,040,632 | €1,040,632 | = | 0.0% |
| Current assets | 29/58 | €36,752 | €49,567 | +€12,815 | +34.9% |
| Amounts receivable within one year | 40/41 | €34,602 | €48,448 | +€13,846 | +40.0% |
| Trade receivables | 40 | €5,445 | €12,300 | +€6,855 | +126% |
| Other amounts receivable | 41 | €29,157 | €36,148 | +€6,991 | +24.0% |
| Cash at bank and in hand | 54/58 | €174 | - | -€174 | |
| Deferred charges and accrued income | 490/1 | €1,976 | €1,119 | -€857 | -43.4% |
| Total equity and liabilities | 10/49 | €1,078,851 | €1,090,836 | +€11,985 | +1.1% |
| Equity | 10/15 | €116,794 | €136,304 | +€19,511 | +16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,295 | €45,805 | +€19,511 | +74.2% |
| Distributable reserves | 133 | €26,295 | €45,805 | +€19,511 | +74.2% |
| Profit (loss) carried forward | 14 | €84,299 | €84,299 | = | 0.0% |
| Provisions and deferred taxes | 16 | €8,428 | - | -€8,428 | |
| Provisions for liabilities and charges | 160/5 | €8,428 | - | -€8,428 | |
| Other liabilities and charges | 164/5 | €8,428 | - | -€8,428 | |
| Amounts payable | 17/49 | €953,629 | €954,532 | +€903 | +0.1% |
| Amounts payable after more than one year | 17 | €41,277 | €32,500 | -€8,777 | -21.3% |
| Financial debts | 170/4 | €41,277 | €32,500 | -€8,777 | -21.3% |
| Amounts payable within one year | 42/48 | €912,238 | €922,032 | +€9,794 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €8,365 | €8,777 | +€412 | +4.9% |
| Financial debts | 43 | €5,000 | €12,073 | +€7,073 | +141% |
| Credit institutions | 430/8 | €5,000 | €12,073 | +€7,073 | +141% |
| Trade debts | 44 | €3,827 | €6,684 | +€2,857 | +74.6% |
| Suppliers | 440/4 | €3,827 | €6,684 | +€2,857 | +74.6% |
| Taxes, remuneration and social security | 45 | €16,372 | €15,824 | -€547 | -3.3% |
| Taxes | 450/3 | €16,372 | €15,824 | -€547 | -3.3% |
| Other amounts payable | 47/48 | €878,673 | €878,673 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €114 | - | -€114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €830 | €1,107 | +€276 | +33.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€8,428 | -€8,428 | |
| Other operating charges | 640/8 | €1,831 | €1,364 | -€467 | -25.5% |
| Gross operating margin | 9900 | €21,197 | €23,217 | +€2,020 | +9.5% |
| Operating profit (loss) | 9901 | €18,536 | €29,175 | +€10,639 | +57.4% |
| Financial income | 75/76B | €12,944 | €1,783 | -€11,160 | -86.2% |
| Recurring financial income | 75 | €12,944 | €1,783 | -€11,160 | -86.2% |
| Financial charges | 65/66B | €3,250 | €3,146 | -€104 | -3.2% |
| Recurring financial charges | 65 | €3,250 | €3,146 | -€104 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €28,230 | €27,812 | -€418 | -1.5% |
| Income taxes | 67/77 | €8,540 | €8,302 | -€238 | -2.8% |
| Profit (loss) for the period | 9904 | €19,690 | €19,511 | -€179 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,690 | €19,511 | -€179 | -0.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.