VERVINS: 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.
VERVINS
Largest movements
- Tangible fixed assets -€35,712
down €35,712 (-9.1%), from €390,382 to €354,670
of which Land and buildings: -€35,341
- Other debts -€14,856
down €14,856 (-9.5%), from €156,257 to €141,401
- Profit (loss) carried forward -€14,229
down €14,229 (-10.6%), from -€134,081 to -€148,311
- Gross operating margin +€7,832
up €7,832 (+57.6%), from €13,590 to €21,421
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 | €396,508 | €362,712 | -€33,796 | -8.5% |
| Fixed assets | 21/28 | €390,382 | €354,670 | -€35,712 | -9.1% |
| Tangible fixed assets | 22/27 | €390,382 | €354,670 | -€35,712 | -9.1% |
| Land and buildings | 22 | €388,724 | €353,383 | -€35,341 | -9.1% |
| Plant, machinery and equipment | 23 | €1,658 | €1,287 | -€371 | -22.4% |
| Current assets | 29/58 | €6,126 | €8,042 | +€1,916 | +31.3% |
| Amounts receivable within one year | 40/41 | - | €3,119 | +€3,119 | |
| Trade receivables | 40 | - | €3,119 | +€3,119 | |
| Cash at bank and in hand | 54/58 | €4,665 | €3,434 | -€1,231 | -26.4% |
| Deferred charges and accrued income | 490/1 | €1,461 | €1,489 | +€28 | +1.9% |
| Total equity and liabilities | 10/49 | €396,508 | €362,712 | -€33,796 | -8.5% |
| Equity | 10/15 | €221,616 | €203,906 | -€17,710 | -8.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €55,697 | €52,216 | -€3,481 | -6.2% |
| Tax-exempt reserves | 132 | €55,697 | €52,216 | -€3,481 | -6.2% |
| Profit (loss) carried forward | 14 | -€134,081 | -€148,311 | -€14,229 | -10.6% |
| Provisions and deferred taxes | 16 | €18,566 | €17,405 | -€1,160 | -6.3% |
| Deferred taxes | 168 | €18,566 | €17,405 | -€1,160 | -6.3% |
| Amounts payable | 17/49 | €156,326 | €141,401 | -€14,925 | -9.5% |
| Amounts payable within one year | 42/48 | €156,326 | €141,401 | -€14,925 | -9.5% |
| Trade debts | 44 | €69 | €0 | -€69 | -100.0% |
| Suppliers | 440/4 | €69 | €0 | -€69 | -100.0% |
| Other amounts payable | 47/48 | €156,257 | €141,401 | -€14,856 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,538 | €35,712 | +€174 | +0.5% |
| Other operating charges | 640/8 | €4,352 | €4,386 | +€34 | +0.8% |
| Gross operating margin | 9900 | €13,590 | €21,421 | +€7,832 | +57.6% |
| Operating profit (loss) | 9901 | -€26,300 | -€18,677 | +€7,623 | +29.0% |
| Financial charges | 65/66B | €258 | €194 | -€64 | -24.7% |
| Recurring financial charges | 65 | €258 | €194 | -€64 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,557 | -€18,871 | +€7,687 | +28.9% |
| Transfer from deferred taxes | 780 | €1,160 | €1,160 | +€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€25,397 | -€17,710 | +€7,687 | +30.3% |
| Transfer from tax-exempt reserves | 789 | €3,481 | €3,481 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,916 | -€14,229 | +€7,687 | +35.1% |
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 4 October 2026 via checked.be.