Vertus IT: 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.
Vertus IT
Largest movements
- Receivables within one year +€13,774
up €13,774 (+186.8%), from €7,374 to €21,148
- Cash -€10,471
down €10,471 (-53.4%), from €19,602 to €9,131
mainly Receivables within one year (-€13,774) and Contributions, distributions and other (-€10,000)
- Tangible fixed assets -€9,799
down €9,799 (-28.4%), from €34,474 to €24,675
of which Furniture and vehicles: -€10,275
- Deferred charges and accrued income -€717
down €717 (-37.1%), from €1,936 to €1,219
- Other debts +€8,897
up €8,897 (+239.4%), from €3,717 to €12,613
- Debts after one year -€8,134
down €8,134 (-37.3%), from €21,780 to €13,646
- Reserves -€6,864
down €6,864 (-34.2%), from €20,097 to €13,232
- Tax, wage and social debts -€2,764
down €2,764 (-39.1%), from €7,077 to €4,313
- Accrued charges and deferred income +€1,380
new in 2025: €1,380
- Gross operating margin +€2,792
up €2,792 (+22.6%), from €12,341 to €15,133
- Financial income +€1,590
up €1,590 (+85958.9%), from €2 to €1,592
- Taxes +€506
up €506 (+41.1%), from €1,229 to €1,734
- Financial charges -€464
down €464 (-27.1%), from €1,714 to €1,249
- Depreciation -€308
down €308 (-3.0%), from €10,107 to €9,799
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 | €65,636 | €58,423 | -€7,214 | -11.0% |
| Fixed assets | 21/28 | €36,724 | €26,925 | -€9,799 | -26.7% |
| Tangible fixed assets | 22/27 | €34,474 | €24,675 | -€9,799 | -28.4% |
| Plant, machinery and equipment | 23 | - | €476 | +€476 | |
| Furniture and vehicles | 24 | €34,474 | €24,199 | -€10,275 | -29.8% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €28,912 | €31,497 | +€2,586 | +8.9% |
| Amounts receivable within one year | 40/41 | €7,374 | €21,148 | +€13,774 | +186.8% |
| Trade receivables | 40 | €7,374 | €21,148 | +€13,774 | +186.8% |
| Cash at bank and in hand | 54/58 | €19,602 | €9,131 | -€10,471 | -53.4% |
| Deferred charges and accrued income | 490/1 | €1,936 | €1,219 | -€717 | -37.1% |
| Total equity and liabilities | 10/49 | €65,636 | €58,423 | -€7,214 | -11.0% |
| Equity | 10/15 | €25,097 | €18,232 | -€6,864 | -27.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,097 | €13,232 | -€6,864 | -34.2% |
| Distributable reserves | 133 | €20,097 | €13,232 | -€6,864 | -34.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €40,540 | €40,190 | -€349 | -0.9% |
| Amounts payable after more than one year | 17 | €21,780 | €13,646 | -€8,134 | -37.3% |
| Financial debts | 170/4 | €21,780 | €13,646 | -€8,134 | -37.3% |
| Amounts payable within one year | 42/48 | €18,760 | €25,164 | +€6,405 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €7,779 | €8,134 | +€355 | +4.6% |
| Trade debts | 44 | €188 | €104 | -€83 | -44.4% |
| Suppliers | 440/4 | €188 | €104 | -€83 | -44.4% |
| Taxes, remuneration and social security | 45 | €7,077 | €4,313 | -€2,764 | -39.1% |
| Taxes | 450/3 | €7,077 | €4,313 | -€2,764 | -39.1% |
| Other amounts payable | 47/48 | €3,717 | €12,613 | +€8,897 | +239.4% |
| Accrued charges and deferred income | 492/3 | - | €1,380 | +€1,380 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,107 | €9,799 | -€308 | -3.0% |
| Other operating charges | 640/8 | €532 | €807 | +€274 | +51.5% |
| Gross operating margin | 9900 | €12,341 | €15,133 | +€2,792 | +22.6% |
| Operating profit (loss) | 9901 | €1,702 | €4,527 | +€2,825 | +166.0% |
| Financial income | 75/76B | €2 | €1,592 | +€1,590 | +85958.9% |
| Recurring financial income | 75 | €2 | €1,592 | +€1,590 | +85958.9% |
| Financial charges | 65/66B | €1,714 | €1,249 | -€464 | -27.1% |
| Recurring financial charges | 65 | €1,714 | €1,249 | -€464 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€10 | €4,870 | +€4,880 | |
| Income taxes | 67/77 | €1,229 | €1,734 | +€506 | +41.1% |
| Profit (loss) for the period | 9904 | -€1,239 | €3,136 | +€4,375 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,239 | €3,136 | +€4,375 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.