VERZELE BENOIT KINE: what changed
VERZELE BENOIT KINE
Largest movements
- Tangible fixed assets +€29,150
up €29,150 (+1,664%), from €1,752 to €30,902
of which Furniture and vehicles: +€29,631
- Cash +€14,788
up €14,788 (+31.0%), from €47,675 to €62,464
mainly Net result for the year (+€25,404) and Debts after one year (+€19,697)
- Reserves +€24,571
up €24,571 (+84.7%), from €29,000 to €53,571
- Debts after one year +€19,697
new in 2025: €19,697
- Current portion of long-term debt +€10,803
new in 2025: €10,803
- Tax, wage and social debts -€9,414
down €9,414 (-81.1%), from €11,614 to €2,200
of which Taxes: -€11,114
- Other debts -€1,264
down €1,264 (-23.1%), from €5,474 to €4,210
- Gross operating margin -€5,096
down €5,096 (-11.8%), from €43,205 to €38,109
- Taxes -€1,419
down €1,419 (-12.2%), from €11,614 to €10,195
- Depreciation +€1,009
up €1,009 (+295%), from €341 to €1,350
- Other operating charges +€530
up €530 (+133%), from €398 to €928
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 | €49,428 | €94,171 | +€44,743 | +90.5% |
| Fixed assets | 21/28 | €1,752 | €30,902 | +€29,150 | +1,664% |
| Tangible fixed assets | 22/27 | €1,752 | €30,902 | +€29,150 | +1,664% |
| Plant, machinery and equipment | 23 | €1,166 | €685 | -€481 | -41.3% |
| Furniture and vehicles | 24 | €586 | €30,217 | +€29,631 | +5,058% |
| Current assets | 29/58 | €47,675 | €63,269 | +€15,593 | +32.7% |
| Amounts receivable within one year | 40/41 | - | €805 | +€805 | |
| Other amounts receivable | 41 | - | €805 | +€805 | |
| Cash at bank and in hand | 54/58 | €47,675 | €62,464 | +€14,788 | +31.0% |
| Total equity and liabilities | 10/49 | €49,428 | €94,171 | +€44,743 | +90.5% |
| Equity | 10/15 | €31,941 | €56,512 | +€24,571 | +76.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €29,000 | €53,571 | +€24,571 | +84.7% |
| Distributable reserves | 133 | €29,000 | €53,571 | +€24,571 | +84.7% |
| Profit (loss) carried forward | 14 | €941 | €941 | = | 0.0% |
| Amounts payable | 17/49 | €17,486 | €37,659 | +€20,172 | +115% |
| Amounts payable after more than one year | 17 | - | €19,697 | +€19,697 | |
| Financial debts | 170/4 | - | €19,697 | +€19,697 | |
| Amounts payable within one year | 42/48 | €17,486 | €17,962 | +€475 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,803 | +€10,803 | |
| Trade debts | 44 | €398 | €749 | +€350 | +88.0% |
| Suppliers | 440/4 | €398 | €749 | +€350 | +88.0% |
| Taxes, remuneration and social security | 45 | €11,614 | €2,200 | -€9,414 | -81.1% |
| Taxes | 450/3 | €11,614 | €500 | -€11,114 | -95.7% |
| Remuneration and social security | 454/9 | - | €1,700 | +€1,700 | |
| Other amounts payable | 47/48 | €5,474 | €4,210 | -€1,264 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341 | €1,350 | +€1,009 | +295% |
| Other operating charges | 640/8 | €398 | €928 | +€530 | +133% |
| Gross operating margin | 9900 | €43,205 | €38,109 | -€5,096 | -11.8% |
| Operating profit (loss) | 9901 | €42,465 | €35,830 | -€6,635 | -15.6% |
| Financial charges | 65/66B | €51 | €231 | +€180 | +352% |
| Recurring financial charges | 65 | €51 | €231 | +€180 | +352% |
| Profit (loss) for the period before taxes | 9903 | €42,414 | €35,599 | -€6,815 | -16.1% |
| Income taxes | 67/77 | €11,614 | €10,195 | -€1,419 | -12.2% |
| Profit (loss) for the period | 9904 | €30,800 | €25,404 | -€5,396 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,800 | €25,404 | -€5,396 | -17.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.