VerveQuest: 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.
VerveQuest
Largest movements
- Receivables within one year -€9,118
down €9,118 (-86.4%), from €10,549 to €1,431
of which Trade receivables: -€6,407
- Tangible fixed assets -€5,633
down €5,633 (-40.9%), from €13,786 to €8,152
of which Furniture and vehicles: -€5,320
- Cash -€1,750
down €1,750 (-11.5%), from €15,233 to €13,483
mainly Net result for the year (-€19,197) and Debts after one year (-€4,686)
- Deferred charges and accrued income -€757
down €757 (-72.3%), from €1,047 to €290
- Profit (loss) carried forward -€19,197
down €19,197 (-467.9%), from -€4,102 to -€23,300
- Other debts +€6,094
up €6,094 (+662.5%), from €920 to €7,014
- Debts after one year -€4,686
down €4,686 (-79.8%), from €5,872 to €1,186
- Tax, wage and social debts +€949
up €949 (+70.9%), from €1,340 to €2,289
of which Remuneration and social security: +€1,762
- Trade debts -€516
down €516 (-57.2%), from €903 to €386
- Turnover -€40,255
no longer reported in 2025 (was €40,255)
- Purchases and services -€37,508
no longer reported in 2025 (was €37,508)
- Gross operating margin -€13,795
down €13,795, from €2,747 to -€11,047
- Taxes +€1,016
up €1,016 (+814.8%), from €125 to €1,140
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 | €40,614 | €23,356 | -€17,258 | -42.5% |
| Fixed assets | 21/28 | €13,786 | €8,152 | -€5,633 | -40.9% |
| Tangible fixed assets | 22/27 | €13,786 | €8,152 | -€5,633 | -40.9% |
| Plant, machinery and equipment | 23 | €798 | €485 | -€313 | -39.2% |
| Furniture and vehicles | 24 | €12,987 | €7,667 | -€5,320 | -41.0% |
| Current assets | 29/58 | €26,829 | €15,204 | -€11,624 | -43.3% |
| Amounts receivable within one year | 40/41 | €10,549 | €1,431 | -€9,118 | -86.4% |
| Trade receivables | 40 | €6,655 | €248 | -€6,407 | -96.3% |
| Other amounts receivable | 41 | €3,894 | €1,183 | -€2,711 | -69.6% |
| Cash at bank and in hand | 54/58 | €15,233 | €13,483 | -€1,750 | -11.5% |
| Deferred charges and accrued income | 490/1 | €1,047 | €290 | -€757 | -72.3% |
| Total equity and liabilities | 10/49 | €40,614 | €23,356 | -€17,258 | -42.5% |
| Equity | 10/15 | €26,606 | €7,409 | -€19,197 | -72.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,709 | €25,709 | = | 0.0% |
| Distributable reserves | 133 | €25,709 | €25,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,102 | -€23,300 | -€19,197 | -467.9% |
| Amounts payable | 17/49 | €14,008 | €15,947 | +€1,939 | +13.8% |
| Amounts payable after more than one year | 17 | €5,872 | €1,186 | -€4,686 | -79.8% |
| Financial debts | 170/4 | €5,872 | €1,186 | -€4,686 | -79.8% |
| Amounts payable within one year | 42/48 | €8,136 | €14,761 | +€6,626 | +81.4% |
| Current portion of amounts payable after more than one year | 42 | €4,974 | €5,072 | +€99 | +2.0% |
| Trade debts | 44 | €903 | €386 | -€516 | -57.2% |
| Suppliers | 440/4 | €903 | €386 | -€516 | -57.2% |
| Taxes, remuneration and social security | 45 | €1,340 | €2,289 | +€949 | +70.9% |
| Taxes | 450/3 | €1,340 | €527 | -€813 | -60.7% |
| Remuneration and social security | 454/9 | - | €1,762 | +€1,762 | |
| Other amounts payable | 47/48 | €920 | €7,014 | +€6,094 | +662.5% |
| Turnover | 70 | €40,255 | - | -€40,255 | |
| Goods, raw materials, services and sundry goods | 60/61 | €37,508 | - | -€37,508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,097 | €6,369 | +€272 | +4.5% |
| Other operating charges | 640/8 | €342 | €288 | -€54 | -15.8% |
| Gross operating margin | 9900 | €2,747 | -€11,047 | -€13,795 | |
| Operating profit (loss) | 9901 | -€3,692 | -€17,705 | -€14,012 | -379.5% |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.9% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.9% |
| Financial charges | 65/66B | €301 | €352 | +€51 | +17.1% |
| Recurring financial charges | 65 | €301 | €352 | +€51 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,978 | -€18,057 | -€14,079 | -353.9% |
| Income taxes | 67/77 | €125 | €1,140 | +€1,016 | +814.8% |
| Profit (loss) for the period | 9904 | -€4,102 | -€19,197 | -€15,095 | -367.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,102 | -€19,197 | -€15,095 | -367.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.