Buro Verlinden: 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.
Buro Verlinden
Largest movements
- Cash +€50,758
up €50,758 (+213%), from €23,817 to €74,575
mainly Net result for the year (+€80,026) and Tax, wage and social debts (+€12,489)
- Receivables within one year +€43,114
up €43,114 (+127%), from €33,886 to €77,000
of which Trade receivables: +€27,247
- Tangible fixed assets +€1,944
up €1,944 (+190%), from €1,022 to €2,966
- Reserves +€79,193
up €79,193 (+259%), from €30,614 to €109,806
- Tax, wage and social debts +€12,489
up €12,489 (+57.8%), from €21,590 to €34,079
of which Taxes: +€14,811
- Trade debts +€3,513
up €3,513 (+61.7%), from €5,690 to €9,203
- Gross operating margin +€64,781
up €64,781 (+160%), from €40,474 to €105,255
- Taxes +€13,720
up €13,720 (+167%), from €8,193 to €21,914
- Financial charges +€1,541
up €1,541 (+119%), from €1,295 to €2,836
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 | €60,935 | €156,671 | +€95,736 | +157% |
| Fixed assets | 21/28 | €3,152 | €5,096 | +€1,944 | +61.7% |
| Tangible fixed assets | 22/27 | €1,022 | €2,966 | +€1,944 | +190% |
| Plant, machinery and equipment | 23 | €1,022 | €2,966 | +€1,944 | +190% |
| Financial fixed assets | 28 | €2,130 | €2,130 | = | 0.0% |
| Current assets | 29/58 | €57,783 | €151,575 | +€93,792 | +162% |
| Amounts receivable within one year | 40/41 | €33,886 | €77,000 | +€43,114 | +127% |
| Trade receivables | 40 | €33,814 | €61,061 | +€27,247 | +80.6% |
| Other amounts receivable | 41 | €72 | €15,939 | +€15,867 | +22,059% |
| Cash at bank and in hand | 54/58 | €23,817 | €74,575 | +€50,758 | +213% |
| Deferred charges and accrued income | 490/1 | €81 | €0 | -€81 | -100% |
| Total equity and liabilities | 10/49 | €60,935 | €156,671 | +€95,736 | +157% |
| Equity | 10/15 | €33,614 | €112,806 | +€79,193 | +236% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,614 | €109,806 | +€79,193 | +259% |
| Distributable reserves | 133 | €30,614 | €109,806 | +€79,193 | +259% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €27,321 | €43,865 | +€16,543 | +60.6% |
| Amounts payable within one year | 42/48 | €27,321 | €43,865 | +€16,543 | +60.6% |
| Trade debts | 44 | €5,690 | €9,203 | +€3,513 | +61.7% |
| Suppliers | 440/4 | €5,690 | €9,203 | +€3,513 | +61.7% |
| Taxes, remuneration and social security | 45 | €21,590 | €34,079 | +€12,489 | +57.8% |
| Taxes | 450/3 | €19,268 | €34,079 | +€14,811 | +76.9% |
| Remuneration and social security | 454/9 | €2,322 | €0 | -€2,322 | -100% |
| Other amounts payable | 47/48 | €42 | €583 | +€541 | +1,299% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31 | €503 | +€472 | +1,519% |
| Other operating charges | 640/8 | €341 | €186 | -€155 | -45.5% |
| Gross operating margin | 9900 | €40,474 | €105,255 | +€64,781 | +160% |
| Operating profit (loss) | 9901 | €40,102 | €104,566 | +€64,464 | +161% |
| Financial income | 75/76B | - | €209 | +€209 | |
| Recurring financial income | 75 | - | €209 | +€209 | |
| Financial charges | 65/66B | €1,295 | €2,836 | +€1,541 | +119% |
| Recurring financial charges | 65 | €1,295 | €2,836 | +€1,541 | +119% |
| Profit (loss) for the period before taxes | 9903 | €38,807 | €101,940 | +€63,133 | +163% |
| Income taxes | 67/77 | €8,193 | €21,914 | +€13,720 | +167% |
| Profit (loss) for the period | 9904 | €30,614 | €80,026 | +€49,412 | +161% |
| Profit (loss) for the period to be appropriated | 9905 | €30,614 | €80,026 | +€49,412 | +161% |
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 28 October 2026 via checked.be.