Bureau Verbist: 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.
Bureau Verbist
Largest movements
- Cash -€208,227
down €208,227 (-85.5%), from €243,462 to €35,235
mainly Current investments (-€200,000) and Receivables within one year (-€4,322)
- Current investments +€200,000
new in 2025: €200,000
- Receivables within one year +€4,322
up €4,322 (+775%), from €558 to €4,879
of which Trade receivables: +€3,900
- Profit (loss) carried forward -€3,715
down €3,715 (-19.6%), from -€18,934 to -€22,650
- Gross operating margin -€8,054
down €8,054 (-100.0%), from €8,055 to €1
- Depreciation -€7,178
down €7,178 (-57.4%), from €12,509 to €5,331
- Financial income +€2,582
up €2,582 (+138%), from €1,873 to €4,455
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.
Derived cash bridge
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 | €305,792 | €302,160 | -€3,632 | -1.2% |
| Fixed assets | 21/28 | €60,028 | €57,268 | -€2,759 | -4.6% |
| Tangible fixed assets | 22/27 | €60,028 | €57,268 | -€2,759 | -4.6% |
| Land and buildings | 22 | €56,604 | €54,480 | -€2,124 | -3.8% |
| Furniture and vehicles | 24 | €3,423 | €2,788 | -€635 | -18.6% |
| Current assets | 29/58 | €245,764 | €244,891 | -€873 | -0.4% |
| Amounts receivable within one year | 40/41 | €558 | €4,879 | +€4,322 | +775% |
| Trade receivables | 40 | - | €3,900 | +€3,900 | |
| Other amounts receivable | 41 | €558 | €979 | +€422 | +75.6% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €243,462 | €35,235 | -€208,227 | -85.5% |
| Deferred charges and accrued income | 490/1 | €1,745 | €4,777 | +€3,032 | +174% |
| Total equity and liabilities | 10/49 | €305,792 | €302,160 | -€3,632 | -1.2% |
| Equity | 10/15 | €303,327 | €299,612 | -€3,715 | -1.2% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €242,262 | €242,262 | = | 0.0% |
| Distributable reserves | 133 | €242,262 | €242,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,934 | -€22,650 | -€3,715 | -19.6% |
| Amounts payable | 17/49 | €2,465 | €2,548 | +€83 | +3.4% |
| Amounts payable within one year | 42/48 | €2,465 | €2,548 | +€83 | +3.4% |
| Trade debts | 44 | €188 | €161 | -€27 | -14.2% |
| Suppliers | 440/4 | €188 | €161 | -€27 | -14.2% |
| Other amounts payable | 47/48 | €2,277 | €2,387 | +€110 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,509 | €5,331 | -€7,178 | -57.4% |
| Other operating charges | 640/8 | €2,308 | €2,383 | +€75 | +3.3% |
| Gross operating margin | 9900 | €8,055 | €1 | -€8,054 | -100.0% |
| Operating profit (loss) | 9901 | -€6,762 | -€7,714 | -€952 | -14.1% |
| Financial income | 75/76B | €1,873 | €4,455 | +€2,582 | +138% |
| Recurring financial income | 75 | €1,873 | €4,455 | +€2,582 | +138% |
| Financial charges | 65/66B | €423 | €451 | +€28 | +6.6% |
| Recurring financial charges | 65 | €423 | €451 | +€28 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,312 | -€3,710 | +€1,602 | +30.2% |
| Income taxes | 67/77 | - | €6 | +€6 | |
| Profit (loss) for the period | 9904 | -€5,312 | -€3,715 | +€1,596 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,312 | -€3,715 | +€1,596 | +30.1% |
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 30 October 2026 via checked.be.