VERYGLAST: 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.
VERYGLAST
Largest movements
- Tangible fixed assets +€13,515
up €13,515 (+33.4%), from €40,521 to €54,036
of which Furniture and vehicles: +€8,416
- Receivables within one year -€9,258
down €9,258 (-64.9%), from €14,275 to €5,018
of which Trade receivables: -€10,951
- Cash +€8,442
up €8,442 (+22.0%), from €38,427 to €46,869
mainly Depreciation (+€12,636) and Receivables within one year (+€9,258)
- Reserves +€7,000
up €7,000 (+11.1%), from €63,000 to €70,000
- Other debts +€3,417
up €3,417 (+76.1%), from €4,493 to €7,911
- Tax, wage and social debts +€3,405
up €3,405 (+16.0%), from €21,233 to €24,638
- Accrued charges and deferred income -€1,823
down €1,823 (-80.6%), from €2,264 to €440
- Trade debts +€1,237
up €1,237 (+191.1%), from €647 to €1,884
- Gross operating margin -€69,000
down €69,000 (-73.7%), from €93,655 to €24,655
- Taxes -€17,829
down €17,829 (-84.0%), from €21,233 to €3,405
- Depreciation +€6,139
up €6,139 (+94.5%), from €6,497 to €12,636
- Write-downs -€1,847
down €1,847, from €923 to -€923
- Other operating charges +€1,102
up €1,102 (+101.3%), from €1,088 to €2,190
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 | €94,741 | €107,849 | +€13,108 | +13.8% |
| Fixed assets | 21/28 | €41,022 | €54,536 | +€13,514 | +32.9% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -15.2% |
| Tangible fixed assets | 22/27 | €40,521 | €54,036 | +€13,515 | +33.4% |
| Plant, machinery and equipment | 23 | €4,084 | €9,183 | +€5,099 | +124.8% |
| Furniture and vehicles | 24 | €36,437 | €44,852 | +€8,416 | +23.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €53,719 | €53,313 | -€406 | -0.8% |
| Amounts receivable within one year | 40/41 | €14,275 | €5,018 | -€9,258 | -64.9% |
| Trade receivables | 40 | €12,435 | €1,485 | -€10,951 | -88.1% |
| Other amounts receivable | 41 | €1,840 | €3,533 | +€1,693 | +92.0% |
| Cash at bank and in hand | 54/58 | €38,427 | €46,869 | +€8,442 | +22.0% |
| Deferred charges and accrued income | 490/1 | €1,016 | €1,426 | +€410 | +40.3% |
| Total equity and liabilities | 10/49 | €94,741 | €107,849 | +€13,108 | +13.8% |
| Equity | 10/15 | €66,103 | €72,976 | +€6,873 | +10.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €63,000 | €70,000 | +€7,000 | +11.1% |
| Distributable reserves | 133 | €63,000 | €70,000 | +€7,000 | +11.1% |
| Profit (loss) carried forward | 14 | €603 | €476 | -€127 | -21.1% |
| Amounts payable | 17/49 | €28,637 | €34,873 | +€6,235 | +21.8% |
| Amounts payable within one year | 42/48 | €26,374 | €34,432 | +€8,059 | +30.6% |
| Trade debts | 44 | €647 | €1,884 | +€1,237 | +191.1% |
| Suppliers | 440/4 | €647 | €1,884 | +€1,237 | +191.1% |
| Taxes, remuneration and social security | 45 | €21,233 | €24,638 | +€3,405 | +16.0% |
| Taxes | 450/3 | €21,233 | €24,638 | +€3,405 | +16.0% |
| Other amounts payable | 47/48 | €4,493 | €7,911 | +€3,417 | +76.1% |
| Accrued charges and deferred income | 492/3 | €2,264 | €440 | -€1,823 | -80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,497 | €12,636 | +€6,139 | +94.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €923 | -€923 | -€1,847 | |
| Other operating charges | 640/8 | €1,088 | €2,190 | +€1,102 | +101.3% |
| Gross operating margin | 9900 | €93,655 | €24,655 | -€69,000 | -73.7% |
| Operating profit (loss) | 9901 | €85,147 | €10,752 | -€74,395 | -87.4% |
| Financial income | 75/76B | €19 | €6 | -€13 | -68.3% |
| Recurring financial income | 75 | €19 | €6 | -€13 | -68.3% |
| Financial charges | 65/66B | €329 | €481 | +€152 | +46.1% |
| Recurring financial charges | 65 | €329 | €481 | +€152 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €84,837 | €10,278 | -€74,559 | -87.9% |
| Income taxes | 67/77 | €21,233 | €3,405 | -€17,829 | -84.0% |
| Profit (loss) for the period | 9904 | €63,603 | €6,873 | -€56,730 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,603 | €6,873 | -€56,730 | -89.2% |
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 9 October 2026 via checked.be.