Vervaeke Deinze: 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.
Vervaeke Deinze
Largest movements
- Tangible fixed assets -€13,246
down €13,246 (-31.4%), from €42,224 to €28,978
- Current assets +€9,220
up €9,220 (+9.3%), from €99,003 to €108,223
of which Cash: +€8,800
- Debts -€9,408
down €9,408 (-19.7%), from €47,674 to €38,266
of which Debts after one year: -€7,492
- Reserves +€5,000
up €5,000 (+1.6%), from €310,250 to €315,250
- Taxes +€8,702
up €8,702 (+382.9%), from €2,272 to €10,974
- Depreciation -€3,670
down €3,670 (-21.7%), from €16,916 to €13,246
- Gross operating margin -€3,535
down €3,535 (-5.2%), from €67,748 to €64,213
From the 2009 result to the 2010 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2009 | 2010 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,880 | €356,854 | -€4,025 | -1.1% |
| Fixed assets | 21/28 | €261,877 | €248,631 | -€13,246 | -5.1% |
| Tangible fixed assets | 22/27 | €42,224 | €28,978 | -€13,246 | -31.4% |
| Financial fixed assets | 28 | €219,653 | €219,653 | = | 0.0% |
| Current assets | 29/58 | €99,003 | €108,223 | +€9,220 | +9.3% |
| Amounts receivable within one year | 40/41 | €3,304 | €3,350 | +€46 | +1.4% |
| Cash at bank and in hand | 54/58 | €95,699 | €104,499 | +€8,800 | +9.2% |
| Total equity and liabilities | 10/49 | €360,880 | €356,854 | -€4,025 | -1.1% |
| Equity | 10/15 | €313,206 | €318,588 | +€5,382 | +1.7% |
| Contributions | 10/11 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €310,250 | €315,250 | +€5,000 | +1.6% |
| Profit (loss) carried forward | 14 | €477 | €859 | +€382 | +80.2% |
| Amounts payable | 17/49 | €47,674 | €38,266 | -€9,408 | -19.7% |
| Amounts payable after more than one year | 17 | €26,596 | €19,104 | -€7,492 | -28.2% |
| Amounts payable within one year | 42/48 | €16,584 | €13,083 | -€3,501 | -21.1% |
| Trade debts | 44 | €2,966 | €92 | -€2,874 | -96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,916 | €13,246 | -€3,670 | -21.7% |
| Gross operating margin | 9900 | €67,748 | €64,213 | -€3,535 | -5.2% |
| Operating profit (loss) | 9901 | €24,895 | €17,598 | -€7,297 | -29.3% |
| Recurring financial income | 75 | €2,243 | €870 | -€1,373 | -61.2% |
| Recurring financial charges | 65 | €2,582 | €2,110 | -€472 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €24,555 | €16,357 | -€8,198 | -33.4% |
| Income taxes | 67/77 | €2,272 | €10,974 | +€8,702 | +382.9% |
| Profit (loss) for the period | 9904 | €22,283 | €5,382 | -€16,900 | -75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,283 | €5,382 | -€16,900 | -75.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2009 and 31 March 2010. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.