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BRIDGE CONNECTED: 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.

What changed

BRIDGE CONNECTED

BE 0778.632.955
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27,029
2024 · -€13,614+€40,643
Equity
€16,041
2024 · -€10,987+€27,029
Cash
€13,632
2024 · €121+€13,511
Balance sheet total
€28,635
2024 · €2,322+€26,313

Largest movements

2024 to 2025
Assets
  • Cash +€13,511

    up €13,511 (+11,172%), from €121 to €13,632

    mainly Net result for the year (+€27,029) and Tax, wage and social debts (+€4,327)

  • Tangible fixed assets +€11,560

    up €11,560 (+7,408%), from €156 to €11,716

    of which Furniture and vehicles: +€7,785

  • Receivables within one year +€1,242

    up €1,242 (+86.0%), from €1,445 to €2,687

    of which Trade receivables: +€1,733

Equity and liabilities
  • Profit (loss) carried forward +€27,029

    up €27,029, from -€13,487 to €13,541

  • Tax, wage and social debts +€4,327

    up €4,327 (+304%), from €1,425 to €5,751

  • Trade debts -€3,314

    down €3,314 (-63.5%), from €5,222 to €1,908

  • Other debts -€1,729

    down €1,729 (-26.0%), from €6,663 to €4,934

Income statement
  • Gross operating margin +€46,311

    up €46,311, from -€10,083 to €36,229

  • Taxes +€5,086

    up €5,086 (+1,718%), from €296 to €5,382

  • Depreciation +€1,130

    up €1,130 (+165%), from €686 to €1,817

  • Financial charges -€775

    down €775 (-36.0%), from €2,155 to €1,380

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€13,614
Gross operating margin +€46,311
Depreciation -€1,130
Other operating charges -€228
Financial charges +€775
Taxes -€5,086
Result 2025 €27,029
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€26,887
Investment -€13,377
Financing €0
Cash 2024 €121
Net result for the year +€27,029
Depreciation +€1,817
Receivables within one year -€1,242
Trade debts -€3,314
Tax, wage and social debts +€4,327
Other debts -€1,729
Investment in fixed assets (net) -€13,377
Cash 2025 €13,632
brings cash intakes cash out
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,322 €28,635 +€26,313 +1,133%
Fixed assets 21/28 €756 €12,316 +€11,560 +1,529%
Tangible fixed assets 22/27 €156 €11,716 +€11,560 +7,408%
Plant, machinery and equipment 23 - €3,775 +€3,775
Furniture and vehicles 24 €156 €7,941 +€7,785 +4,989%
Financial fixed assets 28 €600 €600 = 0.0%
Current assets 29/58 €1,566 €16,318 +€14,753 +942%
Amounts receivable within one year 40/41 €1,445 €2,687 +€1,242 +86.0%
Trade receivables 40 €954 €2,687 +€1,733 +182%
Other amounts receivable 41 €491 - -€491
Cash at bank and in hand 54/58 €121 €13,632 +€13,511 +11,172%
Total equity and liabilities 10/49 €2,322 €28,635 +€26,313 +1,133%
Equity 10/15 -€10,987 €16,041 +€27,029
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 -€13,487 €13,541 +€27,029
Amounts payable 17/49 €13,309 €12,593 -€716 -5.4%
Amounts payable within one year 42/48 €13,309 €12,593 -€716 -5.4%
Trade debts 44 €5,222 €1,908 -€3,314 -63.5%
Suppliers 440/4 €5,222 €1,908 -€3,314 -63.5%
Taxes, remuneration and social security 45 €1,425 €5,751 +€4,327 +304%
Taxes 450/3 €1,425 €5,751 +€4,327 +304%
Other amounts payable 47/48 €6,663 €4,934 -€1,729 -26.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €686 €1,817 +€1,130 +165%
Other operating charges 640/8 €394 €621 +€228 +57.8%
Gross operating margin 9900 -€10,083 €36,229 +€46,311
Operating profit (loss) 9901 -€11,163 €33,791 +€44,953
Financial charges 65/66B €2,155 €1,380 -€775 -36.0%
Recurring financial charges 65 €2,155 €1,380 -€775 -36.0%
Profit (loss) for the period before taxes 9903 -€13,318 €32,410 +€45,728
Income taxes 67/77 €296 €5,382 +€5,086 +1,718%
Profit (loss) for the period 9904 -€13,614 €27,029 +€40,643
Profit (loss) for the period to be appropriated 9905 -€13,614 €27,029 +€40,643

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 13 October 2026 via checked.be.