VERYFLEET: 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.
VERYFLEET
Largest movements
- Cash +€46,972
up €46,972 (+55.5%), from €84,668 to €131,640
mainly Net result for the year (+€56,221) and Tax, wage and social debts (+€22,469)
- Receivables within one year +€11,778
up €11,778 (+91.9%), from €12,812 to €24,591
of which Trade receivables: +€11,397
- Deferred charges and accrued income +€2,091
up €2,091 (+592.2%), from €353 to €2,444
- Reserves +€56,221
up €56,221 (+108.5%), from €51,821 to €108,042
of which Distributable reserves: +€56,221
- Tax, wage and social debts +€22,469
up €22,469 (+136.9%), from €16,411 to €38,880
- Other debts -€16,706
down €16,706 (-49.7%), from €33,584 to €16,878
- Gross operating margin +€38,033
up €38,033 (+83.5%), from €45,536 to €83,569
- Taxes +€10,408
up €10,408 (+84.7%), from €12,287 to €22,695
- Depreciation -€8,136
down €8,136 (-68.1%), from €11,946 to €3,810
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 | €108,161 | €170,310 | +€62,149 | +57.5% |
| Formation expenses | 20 | €926 | €694 | -€231 | -25.0% |
| Fixed assets | 21/28 | €9,402 | €10,940 | +€1,539 | +16.4% |
| Tangible fixed assets | 22/27 | €9,402 | €10,940 | +€1,539 | +16.4% |
| Plant, machinery and equipment | 23 | €5,451 | €5,981 | +€529 | +9.7% |
| Furniture and vehicles | 24 | €3,950 | €4,960 | +€1,009 | +25.6% |
| Current assets | 29/58 | €97,834 | €158,675 | +€60,842 | +62.2% |
| Amounts receivable within one year | 40/41 | €12,812 | €24,591 | +€11,778 | +91.9% |
| Trade receivables | 40 | €12,712 | €24,108 | +€11,397 | +89.7% |
| Other amounts receivable | 41 | €101 | €482 | +€381 | +378.2% |
| Cash at bank and in hand | 54/58 | €84,668 | €131,640 | +€46,972 | +55.5% |
| Deferred charges and accrued income | 490/1 | €353 | €2,444 | +€2,091 | +592.2% |
| Total equity and liabilities | 10/49 | €108,161 | €170,310 | +€62,149 | +57.5% |
| Equity | 10/15 | €58,121 | €114,342 | +€56,221 | +96.7% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €51,821 | €108,042 | +€56,221 | +108.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €49,961 | €106,182 | +€56,221 | +112.5% |
| Amounts payable | 17/49 | €50,039 | €55,968 | +€5,929 | +11.8% |
| Amounts payable within one year | 42/48 | €50,039 | €55,919 | +€5,880 | +11.8% |
| Trade debts | 44 | €44 | €161 | +€117 | +266.2% |
| Suppliers | 440/4 | €44 | €161 | +€117 | +266.2% |
| Taxes, remuneration and social security | 45 | €16,411 | €38,880 | +€22,469 | +136.9% |
| Taxes | 450/3 | €16,411 | €38,880 | +€22,469 | +136.9% |
| Other amounts payable | 47/48 | €33,584 | €16,878 | -€16,706 | -49.7% |
| Accrued charges and deferred income | 492/3 | - | €49 | +€49 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,946 | €3,810 | -€8,136 | -68.1% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | €45,536 | €83,569 | +€38,033 | +83.5% |
| Operating profit (loss) | 9901 | €32,692 | €78,830 | +€46,138 | +141.1% |
| Financial income | 75/76B | - | €215 | +€215 | |
| Recurring financial income | 75 | - | €215 | +€215 | |
| Financial charges | 65/66B | €144 | €130 | -€14 | -9.8% |
| Recurring financial charges | 65 | €144 | €130 | -€14 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €32,548 | €78,916 | +€46,367 | +142.5% |
| Income taxes | 67/77 | €12,287 | €22,695 | +€10,408 | +84.7% |
| Profit (loss) for the period | 9904 | €20,261 | €56,221 | +€35,959 | +177.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,261 | €56,221 | +€35,959 | +177.5% |
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.