VERVAN INVEST: what changed
What changed
VERVAN INVEST
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€2,258
2024 · €20,987-€18,729
Equity
€1.2m
2024 · €1.2m+€2,258
Cash
€56,364
2024 · €56,364
Balance sheet total
€1.5m
2024 · €1.6m-€12,186
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Tax, wage and social debts -€31,012
down €31,012 (-58.7%), from €52,801 to €21,789
- Other debts +€26,864
up €26,864 (+39.0%), from €68,931 to €95,796
Income statement
- Gross operating margin -€30,636
down €30,636, from €20,492 to -€10,145
- Taxes -€7,384
down €7,384 (-55.4%), from €13,334 to €5,950
- Financial income +€4,132
up €4,132 (+23.0%), from €18,000 to €22,133
- Depreciation -€301
down €301 (-51.3%), from €586 to €285
- Financial charges -€228
down €228 (-13.1%), from €1,740 to €1,511
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.
Result 2024
€20,987
Gross operating margin
-€30,636
Depreciation
+€301
Other operating charges
-€139
Financial income
+€4,132
Financial charges
+€228
Taxes
+€7,384
Result 2025
€2,258
raises the resultlowers the result
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.
From operations
+€1,283
Investment
€0
Financing
-€1,283
Cash 2024
€56,364
From operations (derived)
+€1,283
Net result for the year
+€2,258
Depreciation
+€285
Receivables within one year
-€1,375
Deferred charges and accrued income
+€13,276
Trade debts
-€9,013
Tax, wage and social debts
-€31,012
Other debts
+€26,864
Financing
-€1,283
Current portion of long-term debt
-€1,245
Short-term financial debts
-€38
Cash 2025
€56,364
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,555,908 | €1,543,722 | -€12,186 | -0.8% |
| Fixed assets | 21/28 | €48,564 | €48,279 | -€285 | -0.6% |
| Tangible fixed assets | 22/27 | €655 | €370 | -€285 | -43.6% |
| Plant, machinery and equipment | 23 | €655 | €370 | -€285 | -43.6% |
| Financial fixed assets | 28 | €47,909 | €47,909 | = | 0.0% |
| Current assets | 29/58 | €1,507,344 | €1,495,443 | -€11,901 | -0.8% |
| Amounts receivable within one year | 40/41 | €1,433,439 | €1,434,815 | +€1,375 | +0.1% |
| Trade receivables | 40 | €213,969 | €221,451 | +€7,482 | +3.5% |
| Other amounts receivable | 41 | €1,219,470 | €1,213,364 | -€6,107 | -0.5% |
| Cash at bank and in hand | 54/58 | €56,364 | €56,364 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €17,541 | €4,264 | -€13,276 | -75.7% |
| Total equity and liabilities | 10/49 | €1,555,908 | €1,543,722 | -€12,186 | -0.8% |
| Equity | 10/15 | €1,217,735 | €1,219,993 | +€2,258 | +0.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,155,735 | €1,157,993 | +€2,258 | +0.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,149,535 | €1,151,793 | +€2,258 | +0.2% |
| Amounts payable | 17/49 | €338,173 | €323,729 | -€14,444 | -4.3% |
| Amounts payable within one year | 42/48 | €338,173 | €323,729 | -€14,444 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €1,245 | - | -€1,245 | |
| Financial debts | 43 | €9,057 | €9,019 | -€38 | -0.4% |
| Credit institutions | 430/8 | €9,057 | €9,019 | -€38 | -0.4% |
| Trade debts | 44 | €32,271 | €23,258 | -€9,013 | -27.9% |
| Suppliers | 440/4 | €32,271 | €23,258 | -€9,013 | -27.9% |
| Advances received on contracts in progress | 46 | €173,867 | €173,867 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €52,801 | €21,789 | -€31,012 | -58.7% |
| Taxes | 450/3 | €52,801 | €21,789 | -€31,012 | -58.7% |
| Other amounts payable | 47/48 | €68,931 | €95,796 | +€26,864 | +39.0% |
| Non-recurring operating income | 76A | €1,031 | - | -€1,031 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €586 | €285 | -€301 | -51.3% |
| Other operating charges | 640/8 | €1,845 | €1,984 | +€139 | +7.5% |
| Gross operating margin | 9900 | €20,492 | -€10,145 | -€30,636 | |
| Operating profit (loss) | 9901 | €18,060 | -€12,414 | -€30,474 | |
| Financial income | 75/76B | €18,000 | €22,133 | +€4,132 | +23.0% |
| Recurring financial income | 75 | €18,000 | €22,133 | +€4,132 | +23.0% |
| Financial charges | 65/66B | €1,740 | €1,511 | -€228 | -13.1% |
| Recurring financial charges | 65 | €1,740 | €1,511 | -€228 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €34,321 | €8,208 | -€26,113 | -76.1% |
| Income taxes | 67/77 | €13,334 | €5,950 | -€7,384 | -55.4% |
| Profit (loss) for the period | 9904 | €20,987 | €2,258 | -€18,729 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,987 | €2,258 | -€18,729 | -89.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.