VERVIWOOD: what changed
VERVIWOOD
Largest movements
- Tangible fixed assets -€6,000
down €6,000 (-50.2%), from €11,964 to €5,964
of which Furniture and vehicles: -€3,417
- Cash -€5,127
down €5,127 (-35.5%), from €14,439 to €9,312
mainly Tax, wage and social debts (-€4,608) and Trade debts (-€3,242)
- Deferred charges and accrued income +€1,309
up €1,309 (+188%), from €695 to €2,004
- Tax, wage and social debts -€4,608
down €4,608 (-63.9%), from €7,210 to €2,601
of which Remuneration and social security: -€4,288
- Trade debts -€3,242
down €3,242 (-55.7%), from €5,821 to €2,579
- Profit (loss) carried forward -€2,422
down €2,422 (-32.1%), from -€7,547 to -€9,969
- Gross operating margin +€15,762
up €15,762 (+113%), from €13,979 to €29,741
- Staff costs +€7,820
up €7,820 (+50.4%), from €15,522 to €23,342
- Depreciation -€673
down €673 (-10.1%), from €6,674 to €6,000
- Other operating charges +€569
up €569 (+68.2%), from €835 to €1,404
- Financial charges +€379
up €379 (+35.3%), from €1,073 to €1,453
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,509 | €18,534 | -€9,976 | -35.0% |
| Fixed assets | 21/28 | €11,964 | €5,964 | -€6,000 | -50.2% |
| Tangible fixed assets | 22/27 | €11,964 | €5,964 | -€6,000 | -50.2% |
| Plant, machinery and equipment | 23 | €7,002 | €4,419 | -€2,583 | -36.9% |
| Furniture and vehicles | 24 | €4,962 | €1,545 | -€3,417 | -68.9% |
| Current assets | 29/58 | €16,545 | €12,570 | -€3,975 | -24.0% |
| Stocks and contracts in progress | 3 | €1,189 | €1,254 | +€65 | +5.5% |
| Stocks | 30/36 | €1,189 | €1,254 | +€65 | +5.5% |
| Amounts receivable within one year | 40/41 | €223 | - | -€223 | |
| Other amounts receivable | 41 | €223 | - | -€223 | |
| Cash at bank and in hand | 54/58 | €14,439 | €9,312 | -€5,127 | -35.5% |
| Deferred charges and accrued income | 490/1 | €695 | €2,004 | +€1,309 | +188% |
| Total equity and liabilities | 10/49 | €28,509 | €18,534 | -€9,976 | -35.0% |
| Equity | 10/15 | €13,453 | €11,031 | -€2,422 | -18.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,547 | -€9,969 | -€2,422 | -32.1% |
| Amounts payable | 17/49 | €15,056 | €7,503 | -€7,554 | -50.2% |
| Amounts payable within one year | 42/48 | €15,056 | €7,503 | -€7,554 | -50.2% |
| Trade debts | 44 | €5,821 | €2,579 | -€3,242 | -55.7% |
| Suppliers | 440/4 | €5,821 | €2,579 | -€3,242 | -55.7% |
| Advances received on contracts in progress | 46 | - | €250 | +€250 | |
| Taxes, remuneration and social security | 45 | €7,210 | €2,601 | -€4,608 | -63.9% |
| Taxes | 450/3 | €1,934 | €1,614 | -€321 | -16.6% |
| Remuneration and social security | 454/9 | €5,276 | €988 | -€4,288 | -81.3% |
| Other amounts payable | 47/48 | €2,025 | €2,072 | +€47 | +2.3% |
| Remuneration, social security and pensions | 62 | €15,522 | €23,342 | +€7,820 | +50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,674 | €6,000 | -€673 | -10.1% |
| Other operating charges | 640/8 | €835 | €1,404 | +€569 | +68.2% |
| Non-recurring operating charges | 66A | €63 | €25 | -€38 | -60.6% |
| Gross operating margin | 9900 | €13,979 | €29,741 | +€15,762 | +113% |
| Operating profit (loss) | 9901 | -€9,116 | -€1,031 | +€8,085 | +88.7% |
| Financial income | 75/76B | €35 | €61 | +€27 | +77.4% |
| Recurring financial income | 75 | €35 | €61 | +€27 | +77.4% |
| Financial charges | 65/66B | €1,073 | €1,453 | +€379 | +35.3% |
| Recurring financial charges | 65 | €1,073 | €1,453 | +€379 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,154 | -€2,422 | +€7,732 | +76.1% |
| Profit (loss) for the period | 9904 | -€10,154 | -€2,422 | +€7,732 | +76.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,154 | -€2,422 | +€7,732 | +76.1% |
Next steps
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 7 November 2026 via checked.be.