Bridgers: 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.
Bridgers
Largest movements
- Receivables within one year +€150,514
up €150,514 (+14.9%), from €1.0m to €1.2m
of which Other amounts receivable: +€113,556
- Cash +€115,390
up €115,390 (+510.9%), from €22,586 to €137,976
mainly Net result for the year (+€477,165) and Depreciation (+€78,728)
- Tangible fixed assets -€34,962
down €34,962 (-5.6%), from €619,088 to €584,126
of which Land and buildings: -€24,792
- Profit (loss) carried forward +€477,165
up €477,165 (+72.9%), from €654,161 to €1.1m
- Short-term financial debts -€154,869
down €154,869 (-87.5%), from €177,075 to €22,206
- Other debts -€101,308
no longer reported in 2025 (was €101,308)
- Tax, wage and social debts +€33,486
up €33,486 (+8.8%), from €378,802 to €412,288
of which Taxes: +€44,956
- Debts after one year -€22,206
down €22,206 (-92.2%), from €24,094 to €1,889
- Purchases and services -€954,872
down €954,872 (-30.8%), from €3.1m to €2.1m
- Gross operating margin +€767,018
up €767,018 (+33.3%), from €2.3m to €3.1m
- Staff costs +€380,185
up €380,185 (+20.0%), from €1.9m to €2.3m
- Turnover -€190,243
down €190,243 (-3.5%), from €5.4m to €5.2m
- Taxes +€103,021
up €103,021 (+116.3%), from €88,598 to €191,619
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 | €1,695,716 | €1,926,716 | +€231,001 | +13.6% |
| Fixed assets | 21/28 | €619,088 | €584,126 | -€34,962 | -5.6% |
| Tangible fixed assets | 22/27 | €619,088 | €584,126 | -€34,962 | -5.6% |
| Land and buildings | 22 | €460,080 | €435,289 | -€24,792 | -5.4% |
| Plant, machinery and equipment | 23 | €40,138 | €29,813 | -€10,325 | -25.7% |
| Furniture and vehicles | 24 | €118,870 | €119,024 | +€154 | +0.1% |
| Current assets | 29/58 | €1,076,628 | €1,342,590 | +€265,963 | +24.7% |
| Amounts receivable within one year | 40/41 | €1,007,847 | €1,158,361 | +€150,514 | +14.9% |
| Trade receivables | 40 | €1,002,540 | €1,039,498 | +€36,958 | +3.7% |
| Other amounts receivable | 41 | €5,307 | €118,863 | +€113,556 | +2139.6% |
| Cash at bank and in hand | 54/58 | €22,586 | €137,976 | +€115,390 | +510.9% |
| Deferred charges and accrued income | 490/1 | €46,194 | €46,253 | +€59 | +0.1% |
| Total equity and liabilities | 10/49 | €1,695,716 | €1,926,716 | +€231,001 | +13.6% |
| Equity | 10/15 | €822,221 | €1,299,386 | +€477,165 | +58.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €161,860 | €161,860 | = | 0.0% |
| 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 | €160,000 | €160,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €654,161 | €1,131,326 | +€477,165 | +72.9% |
| Amounts payable | 17/49 | €873,494 | €627,330 | -€246,164 | -28.2% |
| Amounts payable after more than one year | 17 | €24,094 | €1,889 | -€22,206 | -92.2% |
| Financial debts | 170/4 | €24,094 | €1,889 | -€22,206 | -92.2% |
| Amounts payable within one year | 42/48 | €844,765 | €623,316 | -€221,449 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €7,943 | - | -€7,943 | |
| Financial debts | 43 | €177,075 | €22,206 | -€154,869 | -87.5% |
| Credit institutions | 430/8 | €177,075 | €22,206 | -€154,869 | -87.5% |
| Trade debts | 44 | €179,636 | €188,822 | +€9,186 | +5.1% |
| Suppliers | 440/4 | €179,636 | €188,822 | +€9,186 | +5.1% |
| Taxes, remuneration and social security | 45 | €378,802 | €412,288 | +€33,486 | +8.8% |
| Taxes | 450/3 | €132,551 | €177,507 | +€44,956 | +33.9% |
| Remuneration and social security | 454/9 | €246,251 | €234,782 | -€11,470 | -4.7% |
| Other amounts payable | 47/48 | €101,308 | - | -€101,308 | |
| Accrued charges and deferred income | 492/3 | €4,635 | €2,125 | -€2,510 | -54.1% |
| Turnover | 70 | €5,403,283 | €5,213,040 | -€190,243 | -3.5% |
| Non-recurring operating income | 76A | €501 | €2,890 | +€2,390 | +477.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,102,949 | €2,148,077 | -€954,872 | -30.8% |
| Remuneration, social security and pensions | 62 | €1,905,609 | €2,285,794 | +€380,185 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,359 | €78,728 | +€15,368 | +24.3% |
| Other operating charges | 640/8 | €23,849 | €28,159 | +€4,310 | +18.1% |
| Non-recurring operating charges | 66A | €124 | -€542 | -€666 | |
| Gross operating margin | 9900 | €2,300,835 | €3,067,853 | +€767,018 | +33.3% |
| Operating profit (loss) | 9901 | €307,893 | €675,714 | +€367,821 | +119.5% |
| Financial income | 75/76B | €10 | €29 | +€19 | +179.7% |
| Recurring financial income | 75 | €10 | €29 | +€19 | +179.7% |
| Financial charges | 65/66B | €19,435 | €6,959 | -€12,475 | -64.2% |
| Recurring financial charges | 65 | €19,435 | €6,959 | -€12,475 | -64.2% |
| Profit (loss) for the period before taxes | 9903 | €288,469 | €668,784 | +€380,315 | +131.8% |
| Income taxes | 67/77 | €88,598 | €191,619 | +€103,021 | +116.3% |
| Profit (loss) for the period | 9904 | €199,871 | €477,165 | +€277,294 | +138.7% |
| Profit (loss) for the period to be appropriated | 9905 | €199,871 | €477,165 | +€277,294 | +138.7% |
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.