Veruscon: 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.
Veruscon
Largest movements
- Receivables after one year -€50,000
down €50,000 (-66.7%), from €75,000 to €25,000
- Cash +€17,628
up €17,628 (+29.8%), from €59,154 to €76,782
mainly Net result for the year (+€107,939) and Other debts (+€79,982)
- Tangible fixed assets +€16,060
up €16,060 (+43.6%), from €36,822 to €52,882
of which Furniture and vehicles: +€17,435
- Current investments +€12,485
up €12,485 (+80.0%), from €15,611 to €28,096
- Receivables within one year +€11,947
up €11,947 (+48.7%), from €24,526 to €36,473
of which Trade receivables: +€11,947
- Other debts +€79,982
up €79,982 (+4130.0%), from €1,937 to €81,919
- Reserves -€78,061
down €78,061 (-46.0%), from €169,538 to €91,476
- Tax, wage and social debts +€2,689
up €2,689 (+6.7%), from €39,886 to €42,574
- Gross operating margin +€43,830
up €43,830 (+44.6%), from €98,294 to €142,123
- Taxes +€12,141
up €12,141 (+64.8%), from €18,725 to €30,866
- Depreciation -€4,065
down €4,065 (-44.4%), from €9,146 to €5,081
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 | €215,365 | €220,456 | +€5,090 | +2.4% |
| Fixed assets | 21/28 | €36,822 | €52,882 | +€16,060 | +43.6% |
| Tangible fixed assets | 22/27 | €36,822 | €52,882 | +€16,060 | +43.6% |
| Land and buildings | 22 | €32,365 | €30,990 | -€1,375 | -4.2% |
| Furniture and vehicles | 24 | €4,457 | €21,892 | +€17,435 | +391.2% |
| Current assets | 29/58 | €178,544 | €167,574 | -€10,970 | -6.1% |
| Amounts receivable after more than one year | 29 | €75,000 | €25,000 | -€50,000 | -66.7% |
| Other amounts receivable | 291 | €75,000 | €25,000 | -€50,000 | -66.7% |
| Amounts receivable within one year | 40/41 | €24,526 | €36,473 | +€11,947 | +48.7% |
| Trade receivables | 40 | €23,186 | €35,133 | +€11,947 | +51.5% |
| Other amounts receivable | 41 | €1,340 | €1,340 | = | 0.0% |
| Current investments | 50/53 | €15,611 | €28,096 | +€12,485 | +80.0% |
| Cash at bank and in hand | 54/58 | €59,154 | €76,782 | +€17,628 | +29.8% |
| Deferred charges and accrued income | 490/1 | €4,252 | €1,223 | -€3,030 | -71.2% |
| Total equity and liabilities | 10/49 | €215,365 | €220,456 | +€5,090 | +2.4% |
| Equity | 10/15 | €171,538 | €93,476 | -€78,061 | -45.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €169,538 | €91,476 | -€78,061 | -46.0% |
| Distributable reserves | 133 | €169,538 | €91,476 | -€78,061 | -46.0% |
| Amounts payable | 17/49 | €43,827 | €126,979 | +€83,152 | +189.7% |
| Amounts payable within one year | 42/48 | €43,827 | €126,979 | +€83,152 | +189.7% |
| Trade debts | 44 | €2,005 | €2,486 | +€481 | +24.0% |
| Suppliers | 440/4 | €2,005 | €2,486 | +€481 | +24.0% |
| Taxes, remuneration and social security | 45 | €39,886 | €42,574 | +€2,689 | +6.7% |
| Taxes | 450/3 | €39,886 | €42,574 | +€2,689 | +6.7% |
| Other amounts payable | 47/48 | €1,937 | €81,919 | +€79,982 | +4130.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,146 | €5,081 | -€4,065 | -44.4% |
| Other operating charges | 640/8 | - | €21 | +€21 | |
| Gross operating margin | 9900 | €98,294 | €142,123 | +€43,830 | +44.6% |
| Operating profit (loss) | 9901 | €89,148 | €137,022 | +€47,874 | +53.7% |
| Financial income | 75/76B | €2,285 | €2,769 | +€485 | +21.2% |
| Recurring financial income | 75 | €2,285 | €2,769 | +€485 | +21.2% |
| Financial charges | 65/66B | €1,502 | €987 | -€515 | -34.3% |
| Recurring financial charges | 65 | €1,502 | €987 | -€515 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €89,931 | €138,804 | +€48,873 | +54.3% |
| Income taxes | 67/77 | €18,725 | €30,866 | +€12,141 | +64.8% |
| Profit (loss) for the period | 9904 | €71,206 | €107,939 | +€36,732 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €71,206 | €107,939 | +€36,732 | +51.6% |
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 29 September 2026 via checked.be.