Vervaecke Technics: what changed
Vervaecke Technics
Largest movements
- Receivables within one year -€9,875
down €9,875 (-33.9%), from €29,136 to €19,261
of which Trade receivables: -€18,476
- Tangible fixed assets +€7,271
up €7,271 (+271%), from €2,687 to €9,958
- Cash -€4,866
down €4,866 (-12.7%), from €38,326 to €33,460
mainly Investment in fixed assets (net) (-€12,626) and Net result for the year (-€9,281)
- Deferred charges and accrued income -€2,197
no longer reported in 2025 (was €2,197)
- Profit (loss) carried forward -€9,281
new in 2025: -€9,281
- Trade debts -€5,025
down €5,025 (-73.8%), from €6,807 to €1,782
- Accrued charges and deferred income +€2,726
new in 2025: €2,726
- Other debts +€1,996
up €1,996 (+7.9%), from €25,259 to €27,256
- Gross operating margin -€29,742
down €29,742 (-84.4%), from €35,240 to €5,498
- Taxes -€7,202
down €7,202 (-97.9%), from €7,357 to €156
- Depreciation +€2,860
up €2,860 (+115%), from €2,496 to €5,355
- Financial income -€865
down €865 (-100.0%), from €865 to €0
- Financial charges -€636
down €636 (-18.4%), from €3,450 to €2,814
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,346 | €62,678 | -€9,668 | -13.4% |
| Fixed assets | 21/28 | €2,687 | €9,958 | +€7,271 | +271% |
| Tangible fixed assets | 22/27 | €2,687 | €9,958 | +€7,271 | +271% |
| Furniture and vehicles | 24 | €2,687 | €9,958 | +€7,271 | +271% |
| Current assets | 29/58 | €69,659 | €52,720 | -€16,939 | -24.3% |
| Amounts receivable within one year | 40/41 | €29,136 | €19,261 | -€9,875 | -33.9% |
| Trade receivables | 40 | €22,179 | €3,703 | -€18,476 | -83.3% |
| Other amounts receivable | 41 | €6,957 | €15,557 | +€8,600 | +124% |
| Cash at bank and in hand | 54/58 | €38,326 | €33,460 | -€4,866 | -12.7% |
| Deferred charges and accrued income | 490/1 | €2,197 | - | -€2,197 | |
| Total equity and liabilities | 10/49 | €72,346 | €62,678 | -€9,668 | -13.4% |
| Equity | 10/15 | €39,651 | €30,370 | -€9,281 | -23.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,651 | €34,651 | = | 0.0% |
| Distributable reserves | 133 | €34,651 | €34,651 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,281 | -€9,281 | |
| Amounts payable | 17/49 | €32,695 | €32,308 | -€387 | -1.2% |
| Amounts payable within one year | 42/48 | €32,695 | €29,582 | -€3,113 | -9.5% |
| Trade debts | 44 | €6,807 | €1,782 | -€5,025 | -73.8% |
| Suppliers | 440/4 | €6,807 | €1,782 | -€5,025 | -73.8% |
| Taxes, remuneration and social security | 45 | €629 | €544 | -€85 | -13.5% |
| Taxes | 450/3 | €629 | €544 | -€85 | -13.5% |
| Other amounts payable | 47/48 | €25,259 | €27,256 | +€1,996 | +7.9% |
| Accrued charges and deferred income | 492/3 | - | €2,726 | +€2,726 | |
| Remuneration, social security and pensions | 62 | €4,769 | €5,360 | +€590 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,496 | €5,355 | +€2,860 | +115% |
| Other operating charges | 640/8 | €664 | €1,095 | +€431 | +64.8% |
| Gross operating margin | 9900 | €35,240 | €5,498 | -€29,742 | -84.4% |
| Operating profit (loss) | 9901 | €27,312 | -€6,312 | -€33,623 | |
| Financial income | 75/76B | €865 | €0 | -€865 | -100.0% |
| Recurring financial income | 75 | €865 | €0 | -€865 | -100.0% |
| Financial charges | 65/66B | €3,450 | €2,814 | -€636 | -18.4% |
| Recurring financial charges | 65 | €3,450 | €2,814 | -€636 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €24,726 | -€9,126 | -€33,852 | |
| Income taxes | 67/77 | €7,357 | €156 | -€7,202 | -97.9% |
| Profit (loss) for the period | 9904 | €17,369 | -€9,281 | -€26,650 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,369 | -€9,281 | -€26,650 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.