VERBRUGGE: 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.
VERBRUGGE
Largest movements
- Cash -€30,048
down €30,048 (-61.0%), from €49,220 to €19,171
mainly Debts after one year (-€28,838) and Contributions, distributions and other (-€14,501)
- Debts after one year -€28,838
down €28,838 (-22.3%), from €129,383 to €100,545
of which Financial debts: -€28,838
- Gross operating margin +€822
up €822 (+3.3%), from €25,268 to €26,090
- Financial charges -€359
down €359 (-16.2%), from €2,224 to €1,865
- Taxes +€318
up €318 (+5.0%), from €6,309 to €6,628
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 | €408,282 | €377,982 | -€30,301 | -7.4% |
| Fixed assets | 21/28 | €356,402 | €356,402 | = | 0.0% |
| Financial fixed assets | 28 | €356,402 | €356,402 | = | 0.0% |
| Current assets | 29/58 | €51,881 | €21,580 | -€30,301 | -58.4% |
| Amounts receivable within one year | 40/41 | €1,313 | €2,409 | +€1,096 | +83.4% |
| Other amounts receivable | 41 | €1,313 | €2,409 | +€1,096 | +83.4% |
| Cash at bank and in hand | 54/58 | €49,220 | €19,171 | -€30,048 | -61.0% |
| Deferred charges and accrued income | 490/1 | €1,348 | - | -€1,348 | |
| Total equity and liabilities | 10/49 | €408,282 | €377,982 | -€30,301 | -7.4% |
| Equity | 10/15 | €233,417 | €235,989 | +€2,572 | +1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €213,417 | €215,989 | +€2,572 | +1.2% |
| Distributable reserves | 133 | €213,417 | €215,989 | +€2,572 | +1.2% |
| Amounts payable | 17/49 | €174,865 | €141,992 | -€32,873 | -18.8% |
| Amounts payable after more than one year | 17 | €129,383 | €100,545 | -€28,838 | -22.3% |
| Financial debts | 170/4 | €89,883 | €61,045 | -€28,838 | -32.1% |
| Other amounts payable | 178/9 | €39,500 | €39,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,482 | €41,447 | -€4,034 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €28,542 | €28,838 | +€297 | +1.0% |
| Financial debts | 43 | €2,000 | €2,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,000 | €2,000 | = | 0.0% |
| Trade debts | 44 | €2,821 | €759 | -€2,062 | -73.1% |
| Suppliers | 440/4 | €2,821 | €759 | -€2,062 | -73.1% |
| Taxes, remuneration and social security | 45 | €3,105 | €3,126 | +€21 | +0.7% |
| Taxes | 450/3 | €3,105 | €3,126 | +€21 | +0.7% |
| Other amounts payable | 47/48 | €9,014 | €6,724 | -€2,290 | -25.4% |
| Other operating charges | 640/8 | €510 | €524 | +€14 | +2.8% |
| Gross operating margin | 9900 | €25,268 | €26,090 | +€822 | +3.3% |
| Operating profit (loss) | 9901 | €24,758 | €25,566 | +€808 | +3.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,224 | €1,865 | -€359 | -16.2% |
| Recurring financial charges | 65 | €2,224 | €1,865 | -€359 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €22,534 | €23,701 | +€1,167 | +5.2% |
| Income taxes | 67/77 | €6,309 | €6,628 | +€318 | +5.0% |
| Profit (loss) for the period | 9904 | €16,225 | €17,074 | +€849 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,225 | €17,074 | +€849 | +5.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.