VERVAET IT CONSULTING: what changed
VERVAET IT CONSULTING
Largest movements
- Receivables within one year +€26,868
up €26,868 (+103%), from €26,176 to €53,043
of which Trade receivables: +€40,999
- Deferred charges and accrued income -€22,792
down €22,792 (-33.2%), from €68,634 to €45,841
- Cash -€11,474
down €11,474 (-32.1%), from €35,742 to €24,267
mainly Debts after one year (-€29,248) and Receivables within one year (-€26,868)
- Receivables after one year +€7,000
up €7,000 (+23.3%), from €30,000 to €37,000
- Tangible fixed assets -€2,685
down €2,685 (-23.3%), from €11,505 to €8,820
of which Plant, machinery and equipment: -€5,038
- Debts after one year -€29,248
down €29,248 (-57.4%), from €50,973 to €21,725
- Reserves +€25,170
up €25,170 (+34.1%), from €73,719 to €98,889
- Current portion of long-term debt +€5,063
up €5,063 (+25.2%), from €20,088 to €25,151
- Trade debts -€4,112
down €4,112 (-26.9%), from €15,266 to €11,154
- Tax, wage and social debts +€2,224
up €2,224 (+32.9%), from €6,761 to €8,985
- Gross operating margin -€8,017
down €8,017 (-15.0%), from €53,278 to €45,261
- Taxes -€1,919
down €1,919 (-15.5%), from €12,408 to €10,489
- Financial charges +€1,382
up €1,382 (+43.4%), from €3,183 to €4,564
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 | €172,056 | €168,972 | -€3,084 | -1.8% |
| Fixed assets | 21/28 | €11,505 | €8,820 | -€2,685 | -23.3% |
| Tangible fixed assets | 22/27 | €11,505 | €8,820 | -€2,685 | -23.3% |
| Plant, machinery and equipment | 23 | €11,505 | €6,467 | -€5,038 | -43.8% |
| Furniture and vehicles | 24 | - | €2,353 | +€2,353 | |
| Current assets | 29/58 | €160,551 | €160,152 | -€399 | -0.2% |
| Amounts receivable after more than one year | 29 | €30,000 | €37,000 | +€7,000 | +23.3% |
| Other amounts receivable | 291 | €30,000 | €37,000 | +€7,000 | +23.3% |
| Amounts receivable within one year | 40/41 | €26,176 | €53,043 | +€26,868 | +103% |
| Trade receivables | 40 | €11,967 | €52,966 | +€40,999 | +343% |
| Other amounts receivable | 41 | €14,209 | €78 | -€14,132 | -99.5% |
| Cash at bank and in hand | 54/58 | €35,742 | €24,267 | -€11,474 | -32.1% |
| Deferred charges and accrued income | 490/1 | €68,634 | €45,841 | -€22,792 | -33.2% |
| Total equity and liabilities | 10/49 | €172,056 | €168,972 | -€3,084 | -1.8% |
| Equity | 10/15 | €76,719 | €101,889 | +€25,170 | +32.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €73,719 | €98,889 | +€25,170 | +34.1% |
| Distributable reserves | 133 | €73,719 | €98,889 | +€25,170 | +34.1% |
| Amounts payable | 17/49 | €95,337 | €67,083 | -€28,254 | -29.6% |
| Amounts payable after more than one year | 17 | €50,973 | €21,725 | -€29,248 | -57.4% |
| Financial debts | 170/4 | €50,973 | €21,725 | -€29,248 | -57.4% |
| Amounts payable within one year | 42/48 | €44,364 | €45,358 | +€994 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €20,088 | €25,151 | +€5,063 | +25.2% |
| Trade debts | 44 | €15,266 | €11,154 | -€4,112 | -26.9% |
| Suppliers | 440/4 | €15,266 | €11,154 | -€4,112 | -26.9% |
| Taxes, remuneration and social security | 45 | €6,761 | €8,985 | +€2,224 | +32.9% |
| Taxes | 450/3 | €6,761 | €8,985 | +€2,224 | +32.9% |
| Other amounts payable | 47/48 | €2,250 | €68 | -€2,182 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,038 | €5,332 | +€294 | +5.8% |
| Other operating charges | 640/8 | €639 | €806 | +€167 | +26.1% |
| Gross operating margin | 9900 | €53,278 | €45,261 | -€8,017 | -15.0% |
| Operating profit (loss) | 9901 | €47,601 | €39,124 | -€8,477 | -17.8% |
| Financial income | 75/76B | €900 | €1,100 | +€200 | +22.2% |
| Recurring financial income | 75 | €900 | €1,100 | +€200 | +22.2% |
| Financial charges | 65/66B | €3,183 | €4,564 | +€1,382 | +43.4% |
| Recurring financial charges | 65 | €3,183 | €4,564 | +€1,382 | +43.4% |
| Profit (loss) for the period before taxes | 9903 | €45,318 | €35,659 | -€9,659 | -21.3% |
| Income taxes | 67/77 | €12,408 | €10,489 | -€1,919 | -15.5% |
| Profit (loss) for the period | 9904 | €32,910 | €25,170 | -€7,740 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,910 | €25,170 | -€7,740 | -23.5% |
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 1 November 2026 via checked.be.