VERBRUGGE CONSULTING: what changed
VERBRUGGE CONSULTING
Largest movements
- Cash +€187,153
up €187,153 (+18.2%), from €1.0m to €1.2m
mainly Net result for the year (+€181,593) and Depreciation (+€46,242)
- Receivables within one year -€36,289
down €36,289 (-21.9%), from €165,332 to €129,042
of which Trade receivables: -€26,970
- Current investments -€31,895
down €31,895 (-42.4%), from €75,236 to €43,341
- Tangible fixed assets +€27,335
up €27,335 (+10.9%), from €251,440 to €278,774
of which Assets under construction and advance payments: +€57,024
- Reserves +€150,000
up €150,000 (+10.2%), from €1.5m to €1.6m
- Trade debts -€73,463
down €73,463 (-98.7%), from €74,456 to €993
- Profit (loss) carried forward +€31,593
up €31,593 (+33.4%), from €94,509 to €126,103
- Tax, wage and social debts +€25,285
up €25,285 (+30.0%), from €84,312 to €109,597
of which Taxes: +€26,350
- Gross operating margin +€42,301
up €42,301 (+5.9%), from €711,341 to €753,641
- Depreciation +€23,172
up €23,172 (+100%), from €23,070 to €46,242
- Other operating charges -€8,758
down €8,758 (-43.0%), from €20,381 to €11,624
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 | €1,845,293 | €1,991,595 | +€146,303 | +7.9% |
| Fixed assets | 21/28 | €575,440 | €602,774 | +€27,335 | +4.8% |
| Tangible fixed assets | 22/27 | €251,440 | €278,774 | +€27,335 | +10.9% |
| Land and buildings | 22 | €24,414 | €20,494 | -€3,920 | -16.1% |
| Plant, machinery and equipment | 23 | €6,546 | €15,267 | +€8,722 | +133% |
| Furniture and vehicles | 24 | €178,262 | €143,771 | -€34,491 | -19.3% |
| Assets under construction and advance payments | 27 | €42,218 | €99,242 | +€57,024 | +135% |
| Financial fixed assets | 28 | €324,000 | €324,000 | = | 0.0% |
| Current assets | 29/58 | €1,269,853 | €1,388,821 | +€118,968 | +9.4% |
| Amounts receivable within one year | 40/41 | €165,332 | €129,042 | -€36,289 | -21.9% |
| Trade receivables | 40 | €155,789 | €128,819 | -€26,970 | -17.3% |
| Other amounts receivable | 41 | €9,542 | €223 | -€9,320 | -97.7% |
| Current investments | 50/53 | €75,236 | €43,341 | -€31,895 | -42.4% |
| Cash at bank and in hand | 54/58 | €1,029,285 | €1,216,438 | +€187,153 | +18.2% |
| Total equity and liabilities | 10/49 | €1,845,293 | €1,991,595 | +€146,303 | +7.9% |
| Equity | 10/15 | €1,570,529 | €1,752,123 | +€181,593 | +11.6% |
| Reserves | 13 | €1,476,020 | €1,626,020 | +€150,000 | +10.2% |
| Distributable reserves | 133 | €1,476,020 | €1,626,020 | +€150,000 | +10.2% |
| Profit (loss) carried forward | 14 | €94,509 | €126,103 | +€31,593 | +33.4% |
| Amounts payable | 17/49 | €274,763 | €239,472 | -€35,291 | -12.8% |
| Amounts payable within one year | 42/48 | €274,763 | €239,472 | -€35,291 | -12.8% |
| Trade debts | 44 | €74,456 | €993 | -€73,463 | -98.7% |
| Suppliers | 440/4 | €74,456 | €993 | -€73,463 | -98.7% |
| Taxes, remuneration and social security | 45 | €84,312 | €109,597 | +€25,285 | +30.0% |
| Taxes | 450/3 | €11,674 | €38,024 | +€26,350 | +226% |
| Remuneration and social security | 454/9 | €72,638 | €71,573 | -€1,064 | -1.5% |
| Other amounts payable | 47/48 | €115,996 | €128,882 | +€12,887 | +11.1% |
| Non-recurring operating income | 76A | €9,321 | €2,543 | -€6,778 | -72.7% |
| Remuneration, social security and pensions | 62 | €427,698 | €434,636 | +€6,939 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,070 | €46,242 | +€23,172 | +100% |
| Other operating charges | 640/8 | €20,381 | €11,624 | -€8,758 | -43.0% |
| Gross operating margin | 9900 | €711,341 | €753,641 | +€42,301 | +5.9% |
| Operating profit (loss) | 9901 | €240,192 | €261,140 | +€20,947 | +8.7% |
| Financial income | 75/76B | €3,939 | €7,027 | +€3,087 | +78.4% |
| Recurring financial income | 75 | €3,939 | €7,027 | +€3,087 | +78.4% |
| Financial charges | 65/66B | €235 | €369 | +€134 | +57.2% |
| Recurring financial charges | 65 | €235 | €369 | +€134 | +57.2% |
| Profit (loss) for the period before taxes | 9903 | €243,897 | €267,797 | +€23,901 | +9.8% |
| Income taxes | 67/77 | €81,674 | €86,204 | +€4,530 | +5.5% |
| Profit (loss) for the period | 9904 | €162,223 | €181,593 | +€19,370 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €162,223 | €181,593 | +€19,370 | +11.9% |
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 5 November 2026 via checked.be.