Verviers Capital: what changed
Two financial 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.
Verviers Capital
Largest movements
- Financial fixed assets -€450,000
down €450,000 (-100%), from €450,000 to €0
- Tangible fixed assets -€33,350
down €33,350 (-3.7%), from €902,216 to €868,866
of which Land and buildings: -€32,450
- Deferred charges and accrued income -€16,697
down €16,697 (-100%), from €16,697 to €0
- Other debts -€591,120
down €591,120 (-71.1%), from €830,865 to €239,745
- Reserves +€34,717
up €34,717 (+7.3%), from €476,085 to €510,802
of which Tax-exempt reserves: +€34,717
- Provisions +€26,448
up €26,448 (+18.4%), from €143,572 to €170,020
- Profit (loss) carried forward +€25,362
up €25,362 (+79.4%), from -€31,951 to -€6,589
- Gross operating margin +€132,337
up €132,337, from -€977 to €131,360
- Depreciation +€19,039
up €19,039 (+78.3%), from €24,311 to €43,350
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,453,013 | €945,038 | -€507,974 | -35.0% |
| Fixed assets | 21/28 | €1,352,216 | €868,866 | -€483,350 | -35.7% |
| Tangible fixed assets | 22/27 | €902,216 | €868,866 | -€33,350 | -3.7% |
| Land and buildings | 22 | €899,516 | €867,066 | -€32,450 | -3.6% |
| Furniture and vehicles | 24 | €2,700 | €1,800 | -€900 | -33.3% |
| Financial fixed assets | 28 | €450,000 | €0 | -€450,000 | -100% |
| Current assets | 29/58 | €100,797 | €76,173 | -€24,624 | -24.4% |
| Amounts receivable after more than one year | 29 | €49,216 | €45,255 | -€3,961 | -8.0% |
| Other amounts receivable | 291 | €49,216 | €45,255 | -€3,961 | -8.0% |
| Stocks and contracts in progress | 3 | €10,000 | €0 | -€10,000 | -100% |
| Stocks | 30/36 | €10,000 | €0 | -€10,000 | -100% |
| Amounts receivable within one year | 40/41 | €24,882 | €30,902 | +€6,020 | +24.2% |
| Trade receivables | 40 | €2,738 | €2,738 | = | 0.0% |
| Other amounts receivable | 41 | €22,144 | €28,164 | +€6,020 | +27.2% |
| Cash at bank and in hand | 54/58 | €1 | €15 | +€14 | +986% |
| Deferred charges and accrued income | 490/1 | €16,697 | €0 | -€16,697 | -100% |
| Total equity and liabilities | 10/49 | €1,453,013 | €945,038 | -€507,974 | -35.0% |
| Equity | 10/15 | €451,572 | €511,651 | +€60,079 | +13.3% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €476,085 | €510,802 | +€34,717 | +7.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €475,342 | €510,059 | +€34,717 | +7.3% |
| Distributable reserves | 133 | €744 | €744 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,951 | -€6,589 | +€25,362 | +79.4% |
| Provisions and deferred taxes | 16 | €143,572 | €170,020 | +€26,448 | +18.4% |
| Deferred taxes | 168 | €143,572 | €170,020 | +€26,448 | +18.4% |
| Amounts payable | 17/49 | €857,869 | €263,368 | -€594,501 | -69.3% |
| Amounts payable within one year | 42/48 | €857,869 | €263,368 | -€594,501 | -69.3% |
| Trade debts | 44 | €26,995 | €23,614 | -€3,381 | -12.5% |
| Suppliers | 440/4 | €26,995 | €23,614 | -€3,381 | -12.5% |
| Taxes, remuneration and social security | 45 | €9 | €9 | = | 0.0% |
| Taxes | 450/3 | €9 | €9 | = | 0.0% |
| Other amounts payable | 47/48 | €830,865 | €239,745 | -€591,120 | -71.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,311 | €43,350 | +€19,039 | +78.3% |
| Other operating charges | 640/8 | €1,848 | €1,183 | -€665 | -36.0% |
| Gross operating margin | 9900 | -€977 | €131,360 | +€132,337 | |
| Operating profit (loss) | 9901 | -€27,136 | €86,827 | +€113,963 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €91 | €300 | +€210 | +232% |
| Recurring financial charges | 65 | €91 | €300 | +€210 | +232% |
| Profit (loss) for the period before taxes | 9903 | -€27,227 | €86,527 | +€113,753 | |
| Transfer from deferred taxes | 780 | €16,735 | €0 | -€16,735 | -100% |
| Transfer to deferred taxes | 680 | - | €26,448 | +€26,448 | |
| Profit (loss) for the period | 9904 | -€10,492 | €60,079 | +€70,571 | |
| Transfer from tax-exempt reserves | 789 | €5,578 | €0 | -€5,578 | -100% |
| Transfer to tax-exempt reserves | 689 | - | €34,717 | +€34,717 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,914 | €25,362 | +€30,276 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.