VERVARCKE INTERIEUR: what changed
What changed
VERVARCKE INTERIEUR
NACE 47.552, Retail sale of lighting equipment
filed annual accounts (NBB)
Net result for the year
€42,373
2024 · €3,043+€39,330
Equity
€166,053
2024 · €123,681+€42,373
Cash
€86
2024 · €96-€10
Balance sheet total
€623,623
2024 · €701,361-€77,738
Largest movements
Assets
- Tangible fixed assets -€72,379
down €72,379 (-16.4%), from €441,740 to €369,362
- Receivables within one year -€16,401
down €16,401 (-6.5%), from €251,144 to €234,743
of which Trade receivables: -€63,243
- Deferred charges and accrued income +€13,608
up €13,608 (+643%), from €2,116 to €15,723
Equity and liabilities
- Debts after one year -€59,436
down €59,436 (-33.5%), from €177,396 to €117,960
- Trade debts -€49,346
down €49,346 (-28.3%), from €174,641 to €125,295
- Reserves +€42,373
up €42,373 (+36.1%), from €117,481 to €159,853
- Tax, wage and social debts -€32,224
down €32,224 (-23.8%), from €135,163 to €102,939
of which Remuneration and social security: -€24,336
- Accrued charges and deferred income +€16,982
up €16,982 (+3,013%), from €564 to €17,546
Income statement
- Gross operating margin +€65,946
up €65,946 (+11.9%), from €552,439 to €618,385
- Taxes +€16,957
up €16,957 (+490%), from €3,463 to €20,420
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
€3,043
Gross operating margin
+€65,946
Staff costs
-€5,807
Depreciation
-€2,810
Other operating charges
-€714
Other operating items
-€828
Financial income
+€2,099
Financial charges
-€1,599
Taxes
-€16,957
Result 2025
€42,373
raises the resultlowers the resultnot broken down further in the accounts
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
+€54,685
Investment
+€828
Financing
-€55,523
Cash 2024
€96
From operations (derived)
+€54,685
Net result for the year
+€42,373
Depreciation
+€74,107
Receivables within one year
+€16,401
Deferred charges and accrued income
-€13,608
Trade debts
-€49,346
Tax, wage and social debts
-€32,224
Accrued charges and deferred income
+€16,982
Investment (derived)
+€828
Investment in fixed assets (net)
+€828
Financing
-€55,523
Debts after one year
-€59,436
Current portion of long-term debt
-€2,578
Short-term financial debts
+€6,491
Cash 2025
€86
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €701,361 | €623,623 | -€77,738 | -11.1% |
| Fixed assets | 21/28 | €448,006 | €373,072 | -€74,935 | -16.7% |
| Intangible fixed assets | 21 | €6,266 | €3,710 | -€2,556 | -40.8% |
| Tangible fixed assets | 22/27 | €441,740 | €369,362 | -€72,379 | -16.4% |
| Land and buildings | 22 | €828 | €0 | -€828 | -100% |
| Plant, machinery and equipment | 23 | €134,432 | €110,410 | -€24,021 | -17.9% |
| Furniture and vehicles | 24 | €33,606 | €21,526 | -€12,080 | -35.9% |
| Other tangible fixed assets | 26 | €272,874 | €237,425 | -€35,449 | -13.0% |
| Current assets | 29/58 | €253,355 | €250,552 | -€2,804 | -1.1% |
| Amounts receivable within one year | 40/41 | €251,144 | €234,743 | -€16,401 | -6.5% |
| Trade receivables | 40 | €145,493 | €82,250 | -€63,243 | -43.5% |
| Other amounts receivable | 41 | €105,651 | €152,493 | +€46,841 | +44.3% |
| Cash at bank and in hand | 54/58 | €96 | €86 | -€10 | -10.5% |
| Deferred charges and accrued income | 490/1 | €2,116 | €15,723 | +€13,608 | +643% |
| Total equity and liabilities | 10/49 | €701,361 | €623,623 | -€77,738 | -11.1% |
| Equity | 10/15 | €123,681 | €166,053 | +€42,373 | +34.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €117,481 | €159,853 | +€42,373 | +36.1% |
| Distributable reserves | 133 | €117,481 | €159,853 | +€42,373 | +36.1% |
| Amounts payable | 17/49 | €577,681 | €457,570 | -€120,111 | -20.8% |
| Amounts payable after more than one year | 17 | €177,396 | €117,960 | -€59,436 | -33.5% |
| Financial debts | 170/4 | €177,396 | €117,960 | -€59,436 | -33.5% |
| Amounts payable within one year | 42/48 | €399,721 | €322,064 | -€77,657 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €38,614 | €36,036 | -€2,578 | -6.7% |
| Financial debts | 43 | €27,904 | €34,394 | +€6,491 | +23.3% |
| Credit institutions | 430/8 | €27,904 | €34,394 | +€6,491 | +23.3% |
| Trade debts | 44 | €174,641 | €125,295 | -€49,346 | -28.3% |
| Suppliers | 440/4 | €174,641 | €125,295 | -€49,346 | -28.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €135,163 | €102,939 | -€32,224 | -23.8% |
| Taxes | 450/3 | €42,266 | €34,379 | -€7,888 | -18.7% |
| Remuneration and social security | 454/9 | €92,897 | €68,560 | -€24,336 | -26.2% |
| Other amounts payable | 47/48 | €23,400 | €23,400 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €564 | €17,546 | +€16,982 | +3,013% |
| Remuneration, social security and pensions | 62 | €452,202 | €458,009 | +€5,807 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,297 | €74,107 | +€2,810 | +3.9% |
| Other operating charges | 640/8 | €4,585 | €5,299 | +€714 | +15.6% |
| Non-recurring operating charges | 66A | - | €828 | +€828 | |
| Gross operating margin | 9900 | €552,439 | €618,385 | +€65,946 | +11.9% |
| Operating profit (loss) | 9901 | €24,356 | €80,143 | +€55,787 | +229% |
| Financial income | 75/76B | €8,716 | €10,815 | +€2,099 | +24.1% |
| Recurring financial income | 75 | €8,716 | €10,815 | +€2,099 | +24.1% |
| Financial charges | 65/66B | €26,566 | €28,165 | +€1,599 | +6.0% |
| Recurring financial charges | 65 | €26,566 | €28,165 | +€1,599 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €6,506 | €62,793 | +€56,287 | +865% |
| Income taxes | 67/77 | €3,463 | €20,420 | +€16,957 | +490% |
| Profit (loss) for the period | 9904 | €3,043 | €42,373 | +€39,330 | +1,293% |
| Profit (loss) for the period to be appropriated | 9905 | €3,043 | €42,373 | +€39,330 | +1,293% |
Next steps
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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.