VERBRIGGHE: 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.
VERBRIGGHE
Largest movements
- Receivables within one year -€36,242
down €36,242 (-75.5%), from €48,030 to €11,788
of which Trade receivables: -€36,532
- Cash +€16,150
up €16,150 (+112%), from €14,470 to €30,620
mainly Receivables within one year (+€36,242) and Depreciation (+€23,276)
- Tangible fixed assets -€13,401
down €13,401 (-3.5%), from €386,359 to €372,958
of which Plant, machinery and equipment: -€11,534
- Debts after one year -€21,000
down €21,000 (-6.6%), from €319,366 to €298,366
- Trade debts -€6,517
down €6,517 (-38.8%), from €16,805 to €10,288
- Other debts -€5,615
down €5,615 (-8.9%), from €63,210 to €57,595
- Accrued charges and deferred income -€5,042
no longer reported in 2025 (was €5,042)
- Purchases and services -€72,491
no longer reported in 2025 (was €72,491)
- Other operating charges +€2,399
up €2,399 (+233%), from €1,031 to €3,430
- Depreciation +€2,266
up €2,266 (+10.8%), from €21,010 to €23,276
- Staff costs -€1,590
down €1,590 (-36.6%), from €4,350 to €2,760
- Gross operating margin +€1,215
up €1,215 (+2.7%), from €44,887 to €46,102
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 | €452,091 | €415,366 | -€36,725 | -8.1% |
| Fixed assets | 21/28 | €386,359 | €372,958 | -€13,401 | -3.5% |
| Tangible fixed assets | 22/27 | €386,359 | €372,958 | -€13,401 | -3.5% |
| Land and buildings | 22 | €332,000 | €332,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €36,805 | €25,271 | -€11,534 | -31.3% |
| Furniture and vehicles | 24 | €17,554 | €15,687 | -€1,867 | -10.6% |
| Current assets | 29/58 | €65,732 | €42,408 | -€23,324 | -35.5% |
| Amounts receivable within one year | 40/41 | €48,030 | €11,788 | -€36,242 | -75.5% |
| Trade receivables | 40 | €48,022 | €11,490 | -€36,532 | -76.1% |
| Other amounts receivable | 41 | €8 | €298 | +€290 | +3,625% |
| Cash at bank and in hand | 54/58 | €14,470 | €30,620 | +€16,150 | +112% |
| Deferred charges and accrued income | 490/1 | €3,232 | - | -€3,232 | |
| Total equity and liabilities | 10/49 | €452,091 | €415,366 | -€36,725 | -8.1% |
| Equity | 10/15 | €13,602 | €15,287 | +€1,685 | +12.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €12,602 | €14,287 | +€1,685 | +13.4% |
| Distributable reserves | 133 | €12,602 | €14,287 | +€1,685 | +13.4% |
| Amounts payable | 17/49 | €438,489 | €400,079 | -€38,410 | -8.8% |
| Amounts payable after more than one year | 17 | €319,366 | €298,366 | -€21,000 | -6.6% |
| Financial debts | 170/4 | €319,366 | €298,366 | -€21,000 | -6.6% |
| Amounts payable within one year | 42/48 | €114,081 | €101,713 | -€12,368 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €19,478 | €20,284 | +€806 | +4.1% |
| Trade debts | 44 | €16,805 | €10,288 | -€6,517 | -38.8% |
| Suppliers | 440/4 | €16,805 | €10,288 | -€6,517 | -38.8% |
| Taxes, remuneration and social security | 45 | €14,588 | €13,546 | -€1,042 | -7.1% |
| Taxes | 450/3 | €13,681 | €12,639 | -€1,042 | -7.6% |
| Remuneration and social security | 454/9 | €907 | €907 | = | 0.0% |
| Other amounts payable | 47/48 | €63,210 | €57,595 | -€5,615 | -8.9% |
| Accrued charges and deferred income | 492/3 | €5,042 | - | -€5,042 | |
| Goods, raw materials, services and sundry goods | 60/61 | €72,491 | - | -€72,491 | |
| Remuneration, social security and pensions | 62 | €4,350 | €2,760 | -€1,590 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,010 | €23,276 | +€2,266 | +10.8% |
| Other operating charges | 640/8 | €1,031 | €3,430 | +€2,399 | +233% |
| Gross operating margin | 9900 | €44,887 | €46,102 | +€1,215 | +2.7% |
| Operating profit (loss) | 9901 | €18,496 | €16,636 | -€1,860 | -10.1% |
| Financial income | 75/76B | €32 | - | -€32 | |
| Recurring financial income | 75 | €32 | - | -€32 | |
| Financial charges | 65/66B | €14,445 | €13,648 | -€797 | -5.5% |
| Recurring financial charges | 65 | €14,445 | €13,648 | -€797 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €4,083 | €2,988 | -€1,095 | -26.8% |
| Income taxes | 67/77 | €1,610 | €1,304 | -€306 | -19.0% |
| Profit (loss) for the period | 9904 | €2,473 | €1,684 | -€789 | -31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,473 | €1,684 | -€789 | -31.9% |
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 19 October 2026 via checked.be.