Verwee Consult: 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.
Verwee Consult
Largest movements
- Receivables within one year +€12,233
up €12,233 (+178%), from €6,854 to €19,087
of which Trade receivables: +€19,087
- Cash +€12,024
up €12,024 (+1,143%), from €1,052 to €13,076
mainly Net result for the year (+€18,397) and Depreciation (+€4,510)
- Tangible fixed assets -€4,510
down €4,510 (-26.0%), from €17,364 to €12,854
of which Furniture and vehicles: -€3,556
- Deferred charges and accrued income -€1,430
no longer reported in 2025 (was €1,430)
- Reserves +€18,000
up €18,000 (+180%), from €10,000 to €28,000
- Current portion of long-term debt -€591
no longer reported in 2025 (was €591)
- Gross operating margin +€4,595
up €4,595 (+15.3%), from €30,013 to €34,608
- Taxes -€2,066
down €2,066 (-18.6%), from €11,092 to €9,026
- Financial charges +€880
up €880 (+148%), from €593 to €1,473
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.
Derived cash bridge
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 | €26,700 | €45,017 | +€18,317 | +68.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €17,364 | €12,854 | -€4,510 | -26.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €17,364 | €12,854 | -€4,510 | -26.0% |
| Plant, machinery and equipment | 23 | €7,318 | €6,364 | -€954 | -13.0% |
| Furniture and vehicles | 24 | €10,046 | €6,490 | -€3,556 | -35.4% |
| Current assets | 29/58 | €9,336 | €32,163 | +€22,827 | +245% |
| Amounts receivable within one year | 40/41 | €6,854 | €19,087 | +€12,233 | +178% |
| Trade receivables | 40 | - | €19,087 | +€19,087 | |
| Other amounts receivable | 41 | €6,854 | - | -€6,854 | |
| Cash at bank and in hand | 54/58 | €1,052 | €13,076 | +€12,024 | +1,143% |
| Deferred charges and accrued income | 490/1 | €1,430 | - | -€1,430 | |
| Total equity and liabilities | 10/49 | €26,700 | €45,017 | +€18,317 | +68.6% |
| Equity | 10/15 | €13,691 | €32,088 | +€18,397 | +134% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €28,000 | +€18,000 | +180% |
| Distributable reserves | 133 | €10,000 | €28,000 | +€18,000 | +180% |
| Profit (loss) carried forward | 14 | -€16,309 | -€15,912 | +€397 | +2.4% |
| Amounts payable | 17/49 | €13,009 | €12,929 | -€80 | -0.6% |
| Amounts payable within one year | 42/48 | €13,009 | €12,696 | -€313 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €591 | - | -€591 | |
| Trade debts | 44 | €2,506 | €2,714 | +€208 | +8.3% |
| Suppliers | 440/4 | €2,506 | €2,714 | +€208 | +8.3% |
| Taxes, remuneration and social security | 45 | €9,912 | €9,982 | +€70 | +0.7% |
| Taxes | 450/3 | €9,912 | €9,982 | +€70 | +0.7% |
| Accrued charges and deferred income | 492/3 | - | €233 | +€233 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,510 | €4,510 | = | 0.0% |
| Other operating charges | 640/8 | €1,291 | €1,202 | -€89 | -6.9% |
| Gross operating margin | 9900 | €30,013 | €34,608 | +€4,595 | +15.3% |
| Operating profit (loss) | 9901 | €24,212 | €28,896 | +€4,684 | +19.3% |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | €593 | €1,473 | +€880 | +148% |
| Recurring financial charges | 65 | €593 | €1,473 | +€880 | +148% |
| Profit (loss) for the period before taxes | 9903 | €23,646 | €27,423 | +€3,777 | +16.0% |
| Income taxes | 67/77 | €11,092 | €9,026 | -€2,066 | -18.6% |
| Profit (loss) for the period | 9904 | €12,554 | €18,397 | +€5,843 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,554 | €18,397 | +€5,843 | +46.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.