VerwarmingService: what changed
VerwarmingService
Largest movements
- Cash -€154,594
down €154,594 (-84.6%), from €182,700 to €28,105
mainly Other debts (-€176,471) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets -€30,784
down €30,784 (-30.1%), from €102,343 to €71,559
of which Furniture and vehicles: -€31,203
- Receivables within one year -€18,593
down €18,593 (-47.1%), from €39,436 to €20,843
of which Other amounts receivable: -€22,193
- Other debts -€176,471
no longer reported in 2025 (was €176,471)
- Reserves -€24,556
down €24,556 (-18.5%), from €132,616 to €108,060
- Tax, wage and social debts -€3,899
down €3,899 (-46.3%), from €8,428 to €4,530
of which Remuneration and social security: -€3,899
- Gross operating margin -€49,022
down €49,022 (-19.0%), from €257,650 to €208,628
- Staff costs +€23,365
up €23,365 (+40.8%), from €57,237 to €80,602
- Taxes -€22,249
down €22,249 (-52.8%), from €42,108 to €19,859
- Depreciation +€14,687
up €14,687 (+82.5%), from €17,798 to €32,484
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 | €324,583 | €120,611 | -€203,972 | -62.8% |
| Fixed assets | 21/28 | €102,448 | €71,664 | -€30,784 | -30.0% |
| Tangible fixed assets | 22/27 | €102,343 | €71,559 | -€30,784 | -30.1% |
| Plant, machinery and equipment | 23 | - | €1,322 | +€1,322 | |
| Furniture and vehicles | 24 | €95,114 | €63,911 | -€31,203 | -32.8% |
| Other tangible fixed assets | 26 | €7,229 | €6,325 | -€904 | -12.5% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €222,135 | €48,948 | -€173,187 | -78.0% |
| Amounts receivable within one year | 40/41 | €39,436 | €20,843 | -€18,593 | -47.1% |
| Trade receivables | 40 | €5,836 | €9,436 | +€3,600 | +61.7% |
| Other amounts receivable | 41 | €33,600 | €11,407 | -€22,193 | -66.1% |
| Cash at bank and in hand | 54/58 | €182,700 | €28,105 | -€154,594 | -84.6% |
| Total equity and liabilities | 10/49 | €324,583 | €120,611 | -€203,972 | -62.8% |
| Equity | 10/15 | €137,616 | €113,060 | -€24,556 | -17.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €132,616 | €108,060 | -€24,556 | -18.5% |
| Distributable reserves | 133 | €132,616 | €108,060 | -€24,556 | -18.5% |
| Amounts payable | 17/49 | €186,967 | €7,551 | -€179,416 | -96.0% |
| Amounts payable within one year | 42/48 | €186,967 | €7,551 | -€179,416 | -96.0% |
| Trade debts | 44 | €2,068 | €3,022 | +€954 | +46.1% |
| Suppliers | 440/4 | €2,068 | €3,022 | +€954 | +46.1% |
| Taxes, remuneration and social security | 45 | €8,428 | €4,530 | -€3,899 | -46.3% |
| Taxes | 450/3 | €2,400 | €2,400 | = | 0.0% |
| Remuneration and social security | 454/9 | €6,028 | €2,130 | -€3,899 | -64.7% |
| Other amounts payable | 47/48 | €176,471 | - | -€176,471 | |
| Remuneration, social security and pensions | 62 | €57,237 | €80,602 | +€23,365 | +40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,798 | €32,484 | +€14,687 | +82.5% |
| Other operating charges | 640/8 | €2,381 | €2,020 | -€361 | -15.2% |
| Gross operating margin | 9900 | €257,650 | €208,628 | -€49,022 | -19.0% |
| Operating profit (loss) | 9901 | €180,234 | €93,522 | -€86,713 | -48.1% |
| Financial income | 75/76B | €1,555 | €1,848 | +€293 | +18.8% |
| Recurring financial income | 75 | €1,555 | €1,848 | +€293 | +18.8% |
| Financial charges | 65/66B | €49 | €67 | +€17 | +34.7% |
| Recurring financial charges | 65 | €49 | €67 | +€17 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €181,740 | €95,303 | -€86,437 | -47.6% |
| Income taxes | 67/77 | €42,108 | €19,859 | -€22,249 | -52.8% |
| Profit (loss) for the period | 9904 | €139,632 | €75,444 | -€64,188 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €139,632 | €75,444 | -€64,188 | -46.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.