Verwilt: 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.
Verwilt
Largest movements
- Tangible fixed assets -€208,365
down €208,365 (-21.5%), from €968,922 to €760,557
of which Land and buildings: -€146,153
- Current investments +€200,000
new in 2025: €200,000
- Cash +€177,185
up €177,185 (+33.1%), from €535,537 to €712,722
mainly Depreciation (+€220,988) and Net result for the year (+€219,290)
- Receivables within one year -€176,359
down €176,359 (-43.0%), from €410,547 to €234,188
of which Other amounts receivable: -€129,246
- Debts after one year -€66,023
down €66,023 (-13.6%), from €485,969 to €419,946
- Other debts +€31,834
up €31,834 (+604%), from €5,274 to €37,109
- Advances received +€26,396
up €26,396 (+14.9%), from €176,957 to €203,354
- Trade debts -€23,711
down €23,711 (-21.2%), from €111,981 to €88,270
- Tax, wage and social debts +€22,648
up €22,648 (+34.8%), from €65,023 to €87,671
of which Taxes: +€25,670
- Gross operating margin +€157,565
up €157,565 (+28.4%), from €554,911 to €712,475
- Taxes +€48,812
up €48,812 (+85.8%), from €56,907 to €105,718
- Write-downs -€15,317
down €15,317, from €3,221 to -€12,095
- Other operating charges +€9,014
up €9,014 (+58.7%), from €15,347 to €24,362
- Financial income -€8,549
down €8,549 (-78.1%), from €10,940 to €2,391
of which Financial income: -€8,549
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 | €1,928,956 | €1,925,877 | -€3,079 | -0.2% |
| Fixed assets | 21/28 | €972,163 | €762,239 | -€209,924 | -21.6% |
| Intangible fixed assets | 21 | €3,067 | €1,508 | -€1,559 | -50.8% |
| Tangible fixed assets | 22/27 | €968,922 | €760,557 | -€208,365 | -21.5% |
| Land and buildings | 22 | €776,581 | €630,428 | -€146,153 | -18.8% |
| Plant, machinery and equipment | 23 | €12,579 | €7,679 | -€4,900 | -39.0% |
| Furniture and vehicles | 24 | €179,762 | €122,450 | -€57,312 | -31.9% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €956,793 | €1,163,638 | +€206,845 | +21.6% |
| Stocks and contracts in progress | 3 | €8,507 | €11,265 | +€2,758 | +32.4% |
| Stocks | 30/36 | €8,507 | €11,265 | +€2,758 | +32.4% |
| Amounts receivable within one year | 40/41 | €410,547 | €234,188 | -€176,359 | -43.0% |
| Trade receivables | 40 | €281,301 | €234,188 | -€47,113 | -16.7% |
| Other amounts receivable | 41 | €129,246 | €0 | -€129,246 | -100% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €535,537 | €712,722 | +€177,185 | +33.1% |
| Deferred charges and accrued income | 490/1 | €2,202 | €5,464 | +€3,262 | +148% |
| Total equity and liabilities | 10/49 | €1,928,956 | €1,925,877 | -€3,079 | -0.2% |
| Equity | 10/15 | €1,017,816 | €1,023,504 | +€5,689 | +0.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €998,942 | €1,004,631 | +€5,689 | +0.6% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,405 | €16,405 | = | 0.0% |
| Distributable reserves | 133 | €980,663 | €986,352 | +€5,689 | +0.6% |
| Profit (loss) carried forward | 14 | €123 | €123 | = | 0.0% |
| Amounts payable | 17/49 | €911,141 | €902,373 | -€8,768 | -1.0% |
| Amounts payable after more than one year | 17 | €485,969 | €419,946 | -€66,023 | -13.6% |
| Financial debts | 170/4 | €485,969 | €419,946 | -€66,023 | -13.6% |
| Amounts payable within one year | 42/48 | €424,062 | €482,427 | +€58,365 | +13.8% |
| Current portion of amounts payable after more than one year | 42 | €64,826 | €66,023 | +€1,197 | +1.8% |
| Trade debts | 44 | €111,981 | €88,270 | -€23,711 | -21.2% |
| Suppliers | 440/4 | €111,981 | €88,270 | -€23,711 | -21.2% |
| Advances received on contracts in progress | 46 | €176,957 | €203,354 | +€26,396 | +14.9% |
| Taxes, remuneration and social security | 45 | €65,023 | €87,671 | +€22,648 | +34.8% |
| Taxes | 450/3 | €37,637 | €63,308 | +€25,670 | +68.2% |
| Remuneration and social security | 454/9 | €27,386 | €24,363 | -€3,022 | -11.0% |
| Other amounts payable | 47/48 | €5,274 | €37,109 | +€31,834 | +604% |
| Accrued charges and deferred income | 492/3 | €1,110 | €0 | -€1,110 | -100% |
| Remuneration, social security and pensions | 62 | €142,227 | €145,736 | +€3,510 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,362 | €220,988 | +€2,626 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,221 | -€12,095 | -€15,317 | |
| Other operating charges | 640/8 | €15,347 | €24,362 | +€9,014 | +58.7% |
| Gross operating margin | 9900 | €554,911 | €712,475 | +€157,565 | +28.4% |
| Operating profit (loss) | 9901 | €175,753 | €333,484 | +€157,731 | +89.7% |
| Financial income | 75/76B | €10,940 | €2,391 | -€8,549 | -78.1% |
| Recurring financial income | 75 | €10,940 | €2,391 | -€8,549 | -78.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €11,434 | €10,867 | -€567 | -5.0% |
| Recurring financial charges | 65 | €11,434 | €10,867 | -€567 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €175,259 | €325,008 | +€149,749 | +85.4% |
| Income taxes | 67/77 | €56,907 | €105,718 | +€48,812 | +85.8% |
| Profit (loss) for the period | 9904 | €118,353 | €219,290 | +€100,937 | +85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €118,353 | €219,290 | +€100,937 | +85.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.