VERBRUGGEN ELECTRO: what changed
What changed
VERBRUGGEN ELECTRO
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
-€276,143
2024 · -€396,115+€119,972
Equity
-€1.1m
2024 · -€790,041-€276,143
Cash
€1,710
2024 · €349,390-€347,680
Balance sheet total
€1.6m
2024 · €2.2m-€545,035
Largest movements
Assets
- Cash -€347,680
down €347,680 (-99.5%), from €349,390 to €1,710
mainly Trade debts (-€459,600) and Net result for the year (-€276,143)
- Receivables within one year -€190,116
down €190,116 (-17.8%), from €1.1m to €875,438
of which Trade receivables: -€160,799
Equity and liabilities
- Trade debts -€459,600
down €459,600 (-55.1%), from €834,324 to €374,723
- Profit (loss) carried forward -€276,143
down €276,143 (-32.2%), from -€858,211 to -€1.1m
- Other debts +€166,119
up €166,119 (+8.9%), from €1.9m to €2.0m
- Short-term financial debts +€56,208
up €56,208 (+28.5%), from €197,066 to €253,273
of which Credit institutions: +€47,758
- Tax, wage and social debts -€32,985
down €32,985 (-47.8%), from €69,077 to €36,093
of which Remuneration and social security: -€19,882
Income statement
- Turnover -€3.1m
down €3.1m (-92.9%), from €3.3m to €232,662
- Purchases and services -€2.9m
down €2.9m (-87.5%), from €3.3m to €411,239
- Staff costs -€316,156
down €316,156 (-92.7%), from €341,115 to €24,959
- Gross operating margin -€247,659
down €247,659, from €94,553 to -€153,106
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.
Result 2024
-€396,115
Gross operating margin
-€247,659
Staff costs
+€316,156
Depreciation
+€39
Write-downs
+€27,339
Other operating charges
+€3,266
Financial income
-€0
Financial charges
+€20,673
Taxes
+€157
Result 2025
-€276,143
raises the resultlowers the result
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.
From operations
-€406,693
Investment
+€2,805
Financing
+€56,208
Cash 2024
€349,390
From operations (derived)
-€406,693
Net result for the year
-€276,143
Depreciation
+€647
Receivables within one year
+€190,116
Deferred charges and accrued income
+€3,786
Trade debts
-€459,600
Tax, wage and social debts
-€32,985
Other debts
+€166,119
Accrued charges and deferred income
+€1,367
Investment (derived)
+€2,805
Investment in fixed assets (net)
+€2,805
Financing
+€56,208
Short-term financial debts
+€56,208
Cash 2025
€1,710
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,169,797 | €1,624,762 | -€545,035 | -25.1% |
| Fixed assets | 21/28 | €3,978 | €526 | -€3,452 | -86.8% |
| Tangible fixed assets | 22/27 | €2,218 | €265 | -€1,952 | -88.0% |
| Furniture and vehicles | 24 | €2,218 | €265 | -€1,952 | -88.0% |
| Financial fixed assets | 28 | €1,760 | €260 | -€1,500 | -85.2% |
| Current assets | 29/58 | €2,165,819 | €1,624,236 | -€541,582 | -25.0% |
| Stocks and contracts in progress | 3 | €746,000 | €746,000 | = | 0.0% |
| Contracts in progress | 37 | €746,000 | €746,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,065,555 | €875,438 | -€190,116 | -17.8% |
| Trade receivables | 40 | €1,031,383 | €870,584 | -€160,799 | -15.6% |
| Other amounts receivable | 41 | €34,171 | €4,854 | -€29,317 | -85.8% |
| Cash at bank and in hand | 54/58 | €349,390 | €1,710 | -€347,680 | -99.5% |
| Deferred charges and accrued income | 490/1 | €4,874 | €1,088 | -€3,786 | -77.7% |
| Total equity and liabilities | 10/49 | €2,169,797 | €1,624,762 | -€545,035 | -25.1% |
| Equity | 10/15 | -€790,041 | -€1,066,184 | -€276,143 | -35.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€858,211 | -€1,134,355 | -€276,143 | -32.2% |
| Amounts payable | 17/49 | €2,959,838 | €2,690,946 | -€268,891 | -9.1% |
| Amounts payable within one year | 42/48 | €2,959,838 | €2,689,579 | -€270,259 | -9.1% |
| Financial debts | 43 | €197,066 | €253,273 | +€56,208 | +28.5% |
| Credit institutions | 430/8 | - | €47,758 | +€47,758 | |
| Other loans | 439 | €197,066 | €205,515 | +€8,449 | +4.3% |
| Trade debts | 44 | €834,324 | €374,723 | -€459,600 | -55.1% |
| Suppliers | 440/4 | €834,324 | €374,723 | -€459,600 | -55.1% |
| Taxes, remuneration and social security | 45 | €69,077 | €36,093 | -€32,985 | -47.8% |
| Taxes | 450/3 | €49,004 | €35,901 | -€13,103 | -26.7% |
| Remuneration and social security | 454/9 | €20,074 | €192 | -€19,882 | -99.0% |
| Other amounts payable | 47/48 | €1,859,371 | €2,025,489 | +€166,119 | +8.9% |
| Accrued charges and deferred income | 492/3 | - | €1,367 | +€1,367 | |
| Turnover | 70 | €3,296,280 | €232,662 | -€3.1m | -92.9% |
| Non-recurring operating income | 76A | €40,316 | €7,995 | -€32,321 | -80.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,284,828 | €411,239 | -€2.9m | -87.5% |
| Remuneration, social security and pensions | 62 | €341,115 | €24,959 | -€316,156 | -92.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €686 | €647 | -€39 | -5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €27,339 | - | -€27,339 | |
| Other operating charges | 640/8 | €5,025 | €1,758 | -€3,266 | -65.0% |
| Gross operating margin | 9900 | €94,553 | -€153,106 | -€247,659 | |
| Operating profit (loss) | 9901 | -€279,612 | -€180,471 | +€99,141 | +35.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €115,995 | €95,322 | -€20,673 | -17.8% |
| Recurring financial charges | 65 | €115,995 | €95,322 | -€20,673 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€395,607 | -€275,792 | +€119,814 | +30.3% |
| Income taxes | 67/77 | €508 | €351 | -€157 | -31.0% |
| Profit (loss) for the period | 9904 | -€396,115 | -€276,143 | +€119,972 | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€396,115 | -€276,143 | +€119,972 | +30.3% |
Next steps
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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 3 November 2026 via checked.be.