Versatile Holding: 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.
Versatile Holding
Largest movements
- Receivables after one year -€234,539
down €234,539 (-31.7%), from €740,260 to €505,721
- Deferred charges and accrued income -€79,990
down €79,990 (-64.7%), from €123,698 to €43,708
- Receivables within one year +€59,228
up €59,228 (+118%), from €50,188 to €109,416
of which Other amounts receivable: +€61,648
- Debts after one year -€246,630
down €246,630 (-9.2%), from €2.7m to €2.4m
- Current portion of long-term debt -€81,414
down €81,414 (-20.9%), from €390,061 to €308,647
- Financial charges -€57,820
down €57,820 (-39.9%), from €145,085 to €87,265
- Gross operating margin -€11,748
down €11,748 (-69.9%), from €16,799 to €5,050
- Financial income +€8,610
up €8,610 (+8.7%), from €98,461 to €107,071
of which Non-recurring financial income: +€100,000
- Other operating charges +€497
up €497 (+99.7%), from €498 to €994
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,890,530 | €4,653,624 | -€236,907 | -4.8% |
| Fixed assets | 21/28 | €3,965,549 | €3,965,549 | = | 0.0% |
| Financial fixed assets | 28 | €3,965,549 | €3,965,549 | = | 0.0% |
| Current assets | 29/58 | €924,981 | €688,074 | -€236,907 | -25.6% |
| Amounts receivable after more than one year | 29 | €740,260 | €505,721 | -€234,539 | -31.7% |
| Other amounts receivable | 291 | €740,260 | €505,721 | -€234,539 | -31.7% |
| Amounts receivable within one year | 40/41 | €50,188 | €109,416 | +€59,228 | +118% |
| Trade receivables | 40 | €24,200 | €21,780 | -€2,420 | -10.0% |
| Other amounts receivable | 41 | €25,988 | €87,636 | +€61,648 | +237% |
| Cash at bank and in hand | 54/58 | €10,836 | €29,230 | +€18,394 | +170% |
| Deferred charges and accrued income | 490/1 | €123,698 | €43,708 | -€79,990 | -64.7% |
| Total equity and liabilities | 10/49 | €4,890,530 | €4,653,624 | -€236,907 | -4.8% |
| Equity | 10/15 | €1,693,311 | €1,717,173 | +€23,862 | +1.4% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,293,311 | €1,317,173 | +€23,862 | +1.8% |
| Amounts payable | 17/49 | €3,197,220 | €2,936,451 | -€260,769 | -8.2% |
| Amounts payable after more than one year | 17 | €2,693,976 | €2,447,345 | -€246,630 | -9.2% |
| Financial debts | 170/4 | €2,693,976 | €2,447,345 | -€246,630 | -9.2% |
| Amounts payable within one year | 42/48 | €395,627 | €333,776 | -€61,851 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €390,061 | €308,647 | -€81,414 | -20.9% |
| Trade debts | 44 | €5,567 | €25,130 | +€19,563 | +351% |
| Suppliers | 440/4 | €5,567 | €25,130 | +€19,563 | +351% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €107,617 | €155,329 | +€47,712 | +44.3% |
| Other operating charges | 640/8 | €498 | €994 | +€497 | +99.7% |
| Gross operating margin | 9900 | €16,799 | €5,050 | -€11,748 | -69.9% |
| Operating profit (loss) | 9901 | €16,301 | €4,056 | -€12,245 | -75.1% |
| Financial income | 75/76B | €98,461 | €107,071 | +€8,610 | +8.7% |
| Recurring financial income | 75 | €98,461 | €7,071 | -€91,390 | -92.8% |
| Non-recurring financial income | 76B | - | €100,000 | +€100,000 | |
| Financial charges | 65/66B | €145,085 | €87,265 | -€57,820 | -39.9% |
| Recurring financial charges | 65 | €145,085 | €87,265 | -€57,820 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,323 | €23,862 | +€54,185 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€30,323 | €23,862 | +€54,185 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,323 | €23,862 | +€54,185 |
Source: filed annual accounts (NBB), financial years ended 31 December 2025 and 31 July 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.