VERBRUGGHE: what changed
What changed
VERBRUGGHE
NACE 47.781, Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
filed annual accounts (NBB)
Net result for the year
€262,029
2024 · €148,412+€113,617
Equity
€6.7m
2024 · €6.4m+€262,029
Cash
€366,711
2024 · €282,215+€84,496
Balance sheet total
€8.7m
2024 · €8.9m-€172,099
Largest movements
Assets
- Stocks and contracts -€777,446
down €777,446 (-39.4%), from €2.0m to €1.2m
- Receivables within one year -€710,812
down €710,812 (-18.0%), from €3.9m to €3.2m
of which Trade receivables: -€747,213
- Tangible fixed assets +€644,658
up €644,658 (+72.9%), from €884,246 to €1.5m
of which Land and buildings: +€685,173
- Current investments +€500,000
up €500,000 (+30.2%), from €1.7m to €2.2m
Equity and liabilities
- Trade debts -€569,008
down €569,008 (-30.3%), from €1.9m to €1.3m
- Reserves +€262,029
up €262,029 (+6.5%), from €4.0m to €4.3m
of which Distributable reserves: +€381,400
- Debts after one year +€186,040
up €186,040 (+293%), from €63,413 to €249,453
- Accrued charges and deferred income +€135,565
up €135,565 (+162%), from €83,675 to €219,240
- Other debts -€108,669
down €108,669 (-93.1%), from €116,710 to €8,042
Income statement
- Turnover -€15.2m
no longer reported in 2025 (was €15.2m)
- Goods and materials -€12.9m
no longer reported in 2025 (was €12.9m)
of which Purchases: -€13.5m
- Services and other goods -€1.7m
no longer reported in 2025 (was €1.7m)
- Gross operating margin +€929,630
new in 2025: €929,630
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
€148,412
Turnover
-€15.2m
Other operating income
-€12,416
Goods and materials
+€12.9m
Services and other goods
+€1.7m
Staff costs
+€53,075
Depreciation
-€57,581
Write-downs
+€5,472
Other operating charges
-€2,805
Other operating items
+€887,655
Financial income
-€45,617
Financial charges
+€3,674
Taxes
-€40,241
Result 2025
€262,029
raises the resultlowers the resultnot broken down further in the accounts
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
+€1.3m
Investment
-€1.5m
Financing
+€215,215
Cash 2024
€282,215
From operations (derived)
+€1.3m
Net result for the year
+€262,029
Depreciation
+€242,774
Stocks and contracts
+€777,446
Receivables within one year
+€710,812
Deferred charges and accrued income
+€1,348
Provisions
-€11,724
Trade debts
-€569,008
Tax, wage and social debts
-€95,507
Other debts
-€108,669
Accrued charges and deferred income
+€135,565
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€975,785
Current investments
-€500,000
Financing
+€215,215
Debts after one year
+€186,040
Current portion of long-term debt
+€29,175
Cash 2025
€366,711
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,877,125 | €8,705,026 | -€172,099 | -1.9% |
| Fixed assets | 21/28 | €954,036 | €1,687,047 | +€733,011 | +76.8% |
| Tangible fixed assets | 22/27 | €884,246 | €1,528,903 | +€644,658 | +72.9% |
| Land and buildings | 22 | €483,104 | €1,168,277 | +€685,173 | +142% |
| Plant, machinery and equipment | 23 | €38,295 | €132,047 | +€93,753 | +245% |
| Furniture and vehicles | 24 | €362,847 | €228,579 | -€134,268 | -37.0% |
| Financial fixed assets | 28 | €69,790 | €158,144 | +€88,354 | +127% |
| Other financial fixed assets | 284/8 | €69,790 | - | -€69,790 | |
| Amounts receivable and cash guarantees | 285/8 | €69,790 | - | -€69,790 | |
| Current assets | 29/58 | €7,923,089 | €7,017,979 | -€905,110 | -11.4% |
| Stocks and contracts in progress | 3 | €1,971,723 | €1,194,278 | -€777,446 | -39.4% |
| Stocks | 30/36 | €1,971,723 | €1,194,278 | -€777,446 | -39.4% |
| Goods purchased for resale | 34 | €1,971,723 | - | -€2.0m | |
| Amounts receivable within one year | 40/41 | €3,941,241 | €3,230,429 | -€710,812 | -18.0% |
| Trade receivables | 40 | €2,904,035 | €2,156,821 | -€747,213 | -25.7% |
| Other amounts receivable | 41 | €1,037,206 | €1,073,608 | +€36,401 | +3.5% |
| Current investments | 50/53 | €1,656,000 | €2,156,000 | +€500,000 | +30.2% |
| Other investments | 51/53 | €1,656,000 | - | -€1.7m | |
| Cash at bank and in hand | 54/58 | €282,215 | €366,711 | +€84,496 | +29.9% |
| Deferred charges and accrued income | 490/1 | €71,909 | €70,561 | -€1,348 | -1.9% |
| Total equity and liabilities | 10/49 | €8,877,125 | €8,705,026 | -€172,099 | -1.9% |
| Equity | 10/15 | €6,413,433 | €6,675,462 | +€262,029 | +4.1% |
| Contributions | 10/11 | €2,399,000 | €2,399,000 | = | 0.0% |
| Capital | 10 | €2,399,000 | €2,399,000 | = | 0.0% |
| Issued capital | 100 | €2,399,000 | €2,399,000 | = | 0.0% |
| Reserves | 13 | €4,014,433 | €4,276,462 | +€262,029 | +6.5% |
| Non-distributable reserves | 130/1 | €239,953 | €239,953 | = | 0.0% |
| Legal reserve | 130 | €239,953 | €239,953 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,282,213 | €1,162,841 | -€119,372 | -9.3% |
| Distributable reserves | 133 | €2,492,268 | €2,873,668 | +€381,400 | +15.3% |
| Provisions and deferred taxes | 16 | €114,304 | €102,580 | -€11,724 | -10.3% |
| Deferred taxes | 168 | €114,304 | €102,580 | -€11,724 | -10.3% |
| Amounts payable | 17/49 | €2,349,387 | €1,926,984 | -€422,404 | -18.0% |
| Amounts payable after more than one year | 17 | €63,413 | €249,453 | +€186,040 | +293% |
| Financial debts | 170/4 | €63,413 | €249,453 | +€186,040 | +293% |
| Credit institutions | 173 | €63,413 | - | -€63,413 | |
| Amounts payable within one year | 42/48 | €2,202,299 | €1,458,291 | -€744,008 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €66,928 | €96,103 | +€29,175 | +43.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,877,958 | €1,308,949 | -€569,008 | -30.3% |
| Suppliers | 440/4 | €1,877,958 | €1,308,949 | -€569,008 | -30.3% |
| Taxes, remuneration and social security | 45 | €140,704 | €45,197 | -€95,507 | -67.9% |
| Taxes | 450/3 | €76,382 | €25,924 | -€50,457 | -66.1% |
| Remuneration and social security | 454/9 | €64,322 | €19,273 | -€45,049 | -70.0% |
| Other amounts payable | 47/48 | €116,710 | €8,042 | -€108,669 | -93.1% |
| Accrued charges and deferred income | 492/3 | €83,675 | €219,240 | +€135,565 | +162% |
| Operating income | 70/76A | €15,274,785 | - | -€15.3m | |
| Turnover | 70 | €15,220,394 | - | -€15.2m | |
| Other operating income | 74 | €12,416 | - | -€12,416 | |
| Non-recurring operating income | 76A | €41,975 | €0 | -€41,975 | -100% |
| Operating charges | 60/66A | €15,018,244 | - | -€15.0m | |
| Goods for resale, raw materials and consumables | 60 | €12,853,207 | - | -€12.9m | |
| Purchases | 600/8 | €13,537,791 | - | -€13.5m | |
| Change in stocks: decrease (increase) | 609 | -€684,584 | - | +€684,584 | |
| Services and other goods | 61 | €1,689,589 | - | -€1.7m | |
| Remuneration, social security and pensions | 62 | €265,848 | €212,774 | -€53,075 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,193 | €242,774 | +€57,581 | +31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€16,379 | -€21,851 | -€5,472 | -33.4% |
| Other operating charges | 640/8 | €40,787 | €43,592 | +€2,805 | +6.9% |
| Gross operating margin | 9900 | - | €929,630 | +€929,630 | |
| Operating profit (loss) | 9901 | €256,541 | €452,342 | +€195,801 | +76.3% |
| Financial income | 75/76B | €116,335 | €70,718 | -€45,617 | -39.2% |
| Recurring financial income | 75 | €116,335 | €70,718 | -€45,617 | -39.2% |
| Income from financial fixed assets | 750 | €194 | - | -€194 | |
| Income from current assets | 751 | €103,993 | - | -€103,993 | |
| Other financial income | 752/9 | €12,148 | - | -€12,148 | |
| Financial charges | 65/66B | €176,645 | €172,971 | -€3,674 | -2.1% |
| Recurring financial charges | 65 | €176,645 | €172,971 | -€3,674 | -2.1% |
| Debt charges | 650 | €168,634 | - | -€168,634 | |
| Other financial charges | 652/9 | €8,011 | - | -€8,011 | |
| Profit (loss) for the period before taxes | 9903 | €196,231 | €350,089 | +€153,858 | +78.4% |
| Transfer from deferred taxes | 780 | €11,724 | €11,724 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €59,543 | €99,784 | +€40,241 | +67.6% |
| Taxes | 670/3 | €59,543 | - | -€59,543 | |
| Profit (loss) for the period | 9904 | €148,412 | €262,029 | +€113,617 | +76.6% |
| Transfer from tax-exempt reserves | 789 | €266,572 | €119,372 | -€147,200 | -55.2% |
| Transfer to tax-exempt reserves | 689 | €217,000 | €0 | -€217,000 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €197,983 | €381,400 | +€183,417 | +92.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.