Verveine: what changed
Two fiscal 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.
Verveine
Largest movements
- Tangible fixed assets +€422,993
up €422,993 (+45417.2%), from €931 to €423,925
of which Land and buildings: +€415,400
- Cash -€63,675
down €63,675 (-51.9%), from €122,782 to €59,106
mainly Investment in fixed assets (net) (-€431,959) and Net result for the year (-€22,349)
- Debts after one year +€362,215
new in 2025: €362,215
- Reserves -€22,349
down €22,349 (-20.6%), from €108,430 to €86,081
- Current portion of long-term debt +€20,912
new in 2025: €20,912
- Gross operating margin -€20,792
down €20,792 (-26.2%), from €79,437 to €58,646
- Taxes -€16,002
down €16,002, from €15,958 to -€44
- Financial charges +€8,864
up €8,864 (+3885.7%), from €228 to €9,092
- Depreciation +€8,356
up €8,356 (+1370.7%), from €610 to €8,966
- Other operating charges +€2,907
up €2,907 (+750.6%), from €387 to €3,295
From the 2024 result to the 2025 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
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,445 | €495,346 | +€361,901 | +271.2% |
| Fixed assets | 21/28 | €931 | €423,925 | +€422,993 | +45417.2% |
| Tangible fixed assets | 22/27 | €931 | €423,925 | +€422,993 | +45417.2% |
| Land and buildings | 22 | - | €415,400 | +€415,400 | |
| Plant, machinery and equipment | 23 | - | €537 | +€537 | |
| Furniture and vehicles | 24 | €931 | €7,195 | +€6,264 | +672.5% |
| Other tangible fixed assets | 26 | - | €792 | +€792 | |
| Current assets | 29/58 | €132,514 | €71,422 | -€61,092 | -46.1% |
| Amounts receivable within one year | 40/41 | €1,986 | €4,999 | +€3,013 | +151.7% |
| Trade receivables | 40 | €545 | - | -€545 | |
| Other amounts receivable | 41 | €1,442 | €4,999 | +€3,558 | +246.8% |
| Cash at bank and in hand | 54/58 | €122,782 | €59,106 | -€63,675 | -51.9% |
| Deferred charges and accrued income | 490/1 | €7,746 | €7,316 | -€430 | -5.5% |
| Total equity and liabilities | 10/49 | €133,445 | €495,346 | +€361,901 | +271.2% |
| Equity | 10/15 | €111,430 | €89,081 | -€22,349 | -20.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €108,430 | €86,081 | -€22,349 | -20.6% |
| Distributable reserves | 133 | €108,430 | €86,081 | -€22,349 | -20.6% |
| Amounts payable | 17/49 | €22,016 | €406,266 | +€384,250 | +1745.4% |
| Amounts payable after more than one year | 17 | - | €362,215 | +€362,215 | |
| Financial debts | 170/4 | - | €362,215 | +€362,215 | |
| Amounts payable within one year | 42/48 | €21,416 | €44,051 | +€22,635 | +105.7% |
| Current portion of amounts payable after more than one year | 42 | - | €20,912 | +€20,912 | |
| Trade debts | 44 | €4,583 | €7,182 | +€2,599 | +56.7% |
| Suppliers | 440/4 | €4,583 | €7,182 | +€2,599 | +56.7% |
| Taxes, remuneration and social security | 45 | €16,000 | €15,956 | -€44 | -0.3% |
| Taxes | 450/3 | €16,000 | €15,956 | -€44 | -0.3% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Accrued charges and deferred income | 492/3 | €600 | - | -€600 | |
| Remuneration, social security and pensions | 62 | €2,158 | €1,806 | -€352 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €610 | €8,966 | +€8,356 | +1370.7% |
| Other operating charges | 640/8 | €387 | €3,295 | +€2,907 | +750.6% |
| Non-recurring operating charges | 66A | - | €58,067 | +€58,067 | |
| Gross operating margin | 9900 | €79,437 | €58,646 | -€20,792 | -26.2% |
| Operating profit (loss) | 9901 | €76,282 | -€13,488 | -€89,770 | |
| Financial income | 75/76B | €1 | €187 | +€186 | +18581.0% |
| Recurring financial income | 75 | €1 | €187 | +€186 | +18581.0% |
| Financial charges | 65/66B | €228 | €9,092 | +€8,864 | +3885.7% |
| Recurring financial charges | 65 | €228 | €9,092 | +€8,864 | +3885.7% |
| Profit (loss) for the period before taxes | 9903 | €76,055 | -€22,393 | -€98,448 | |
| Income taxes | 67/77 | €15,958 | -€44 | -€16,002 | |
| Profit (loss) for the period | 9904 | €60,097 | -€22,349 | -€82,446 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,097 | -€22,349 | -€82,446 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.