ONDER DE BRUG: what changed
ONDER DE BRUG
Largest movements
- Cash -€41,764
down €41,764 (-37.4%), from €111,654 to €69,889
mainly Other debts (-€89,587) and Receivables within one year (-€37,450)
- Receivables within one year +€37,450
up €37,450 (+162%), from €23,152 to €60,602
of which Other amounts receivable: +€35,131
- Tangible fixed assets -€16,855
down €16,855 (-11.3%), from €148,916 to €132,060
- Stocks and contracts +€3,402
up €3,402 (+61.3%), from €5,550 to €8,952
- Other debts -€89,587
no longer reported in 2025 (was €89,587)
- Profit (loss) carried forward +€64,970
up €64,970 (+76.3%), from €85,096 to €150,066
- Current portion of long-term debt +€25,253
up €25,253 (+389%), from €6,496 to €31,749
- Trade debts -€7,995
down €7,995 (-24.7%), from €32,373 to €24,378
- Tax, wage and social debts -€7,628
down €7,628 (-17.9%), from €42,582 to €34,954
of which Taxes: -€4,735
- Gross operating margin +€50,640
up €50,640 (+31.6%), from €160,031 to €210,671
- Staff costs +€17,046
up €17,046 (+23.6%), from €72,321 to €89,367
- Depreciation +€7,678
up €7,678 (+42.1%), from €18,243 to €25,921
- Taxes +€3,555
up €3,555 (+25.8%), from €13,764 to €17,320
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €294,146 | €276,981 | -€17,165 | -5.8% |
| Fixed assets | 21/28 | €148,916 | €132,060 | -€16,855 | -11.3% |
| Tangible fixed assets | 22/27 | €148,916 | €132,060 | -€16,855 | -11.3% |
| Plant, machinery and equipment | 23 | €67,833 | €59,977 | -€7,856 | -11.6% |
| Furniture and vehicles | 24 | €12,627 | €8,740 | -€3,887 | -30.8% |
| Other tangible fixed assets | 26 | €68,455 | €63,343 | -€5,112 | -7.5% |
| Current assets | 29/58 | €145,230 | €144,920 | -€310 | -0.2% |
| Stocks and contracts in progress | 3 | €5,550 | €8,952 | +€3,402 | +61.3% |
| Stocks | 30/36 | €5,550 | €8,952 | +€3,402 | +61.3% |
| Amounts receivable within one year | 40/41 | €23,152 | €60,602 | +€37,450 | +162% |
| Trade receivables | 40 | €11,833 | €14,151 | +€2,318 | +19.6% |
| Other amounts receivable | 41 | €11,319 | €46,451 | +€35,131 | +310% |
| Cash at bank and in hand | 54/58 | €111,654 | €69,889 | -€41,764 | -37.4% |
| Deferred charges and accrued income | 490/1 | €4,874 | €5,477 | +€603 | +12.4% |
| Total equity and liabilities | 10/49 | €294,146 | €276,981 | -€17,165 | -5.8% |
| Equity | 10/15 | €91,596 | €156,566 | +€64,970 | +70.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,096 | €150,066 | +€64,970 | +76.3% |
| Amounts payable | 17/49 | €202,549 | €120,415 | -€82,135 | -40.6% |
| Amounts payable after more than one year | 17 | €27,974 | €21,225 | -€6,749 | -24.1% |
| Financial debts | 170/4 | €27,974 | €21,225 | -€6,749 | -24.1% |
| Amounts payable within one year | 42/48 | €171,037 | €91,082 | -€79,956 | -46.7% |
| Current portion of amounts payable after more than one year | 42 | €6,496 | €31,749 | +€25,253 | +389% |
| Trade debts | 44 | €32,373 | €24,378 | -€7,995 | -24.7% |
| Suppliers | 440/4 | €32,373 | €24,378 | -€7,995 | -24.7% |
| Taxes, remuneration and social security | 45 | €42,582 | €34,954 | -€7,628 | -17.9% |
| Taxes | 450/3 | €37,431 | €32,697 | -€4,735 | -12.6% |
| Remuneration and social security | 454/9 | €5,151 | €2,258 | -€2,893 | -56.2% |
| Other amounts payable | 47/48 | €89,587 | - | -€89,587 | |
| Accrued charges and deferred income | 492/3 | €3,538 | €8,108 | +€4,570 | +129% |
| Remuneration, social security and pensions | 62 | €72,321 | €89,367 | +€17,046 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,243 | €25,921 | +€7,678 | +42.1% |
| Other operating charges | 640/8 | €5,226 | €7,212 | +€1,986 | +38.0% |
| Gross operating margin | 9900 | €160,031 | €210,671 | +€50,640 | +31.6% |
| Operating profit (loss) | 9901 | €64,240 | €88,171 | +€23,931 | +37.3% |
| Financial income | 75/76B | €0 | €22 | +€22 | +20,236% |
| Recurring financial income | 75 | €0 | €22 | +€22 | +20,236% |
| Financial charges | 65/66B | €4,494 | €5,904 | +€1,410 | +31.4% |
| Recurring financial charges | 65 | €4,494 | €5,904 | +€1,410 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €59,746 | €82,289 | +€22,543 | +37.7% |
| Income taxes | 67/77 | €13,764 | €17,320 | +€3,555 | +25.8% |
| Profit (loss) for the period | 9904 | €45,982 | €64,970 | +€18,988 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,982 | €64,970 | +€18,988 | +41.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.