VERLINDEN - BRAWERS: what changed
VERLINDEN - BRAWERS
Largest movements
- Receivables within one year +€6,671
up €6,671 (+94.3%), from €7,073 to €13,744
of which Trade receivables: +€6,605
- Stocks and contracts -€3,150
down €3,150 (-57.6%), from €5,464 to €2,314
- Tangible fixed assets +€2,530
up €2,530 (+46.5%), from €5,446 to €7,976
of which Other tangible fixed assets: +€5,941
- Profit (loss) carried forward +€6,852
up €6,852 (+15.5%), from €44,328 to €51,179
- Tax, wage and social debts -€4,451
down €4,451 (-36.0%), from €12,370 to €7,919
- Trade debts +€2,342
up €2,342 (+59.5%), from €3,936 to €6,278
- Other debts +€1,781
up €1,781 (+13.2%), from €13,460 to €15,241
- Gross operating margin -€15,136
down €15,136 (-45.1%), from €33,537 to €18,401
- Taxes -€4,139
down €4,139 (-69.1%), from €5,989 to €1,850
- Depreciation +€781
up €781 (+27.8%), from €2,815 to €3,596
- Other operating charges +€369
up €369 (+32.7%), from €1,129 to €1,498
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 | €77,153 | €83,617 | +€6,464 | +8.4% |
| Fixed assets | 21/28 | €5,446 | €7,976 | +€2,530 | +46.5% |
| Tangible fixed assets | 22/27 | €5,446 | €7,976 | +€2,530 | +46.5% |
| Plant, machinery and equipment | 23 | €3,282 | €819 | -€2,463 | -75.0% |
| Furniture and vehicles | 24 | €2,164 | €1,216 | -€948 | -43.8% |
| Other tangible fixed assets | 26 | - | €5,941 | +€5,941 | |
| Current assets | 29/58 | €71,707 | €75,641 | +€3,935 | +5.5% |
| Stocks and contracts in progress | 3 | €5,464 | €2,314 | -€3,150 | -57.6% |
| Stocks | 30/36 | €5,464 | €2,314 | -€3,150 | -57.6% |
| Amounts receivable within one year | 40/41 | €7,073 | €13,744 | +€6,671 | +94.3% |
| Trade receivables | 40 | €7,073 | €13,677 | +€6,605 | +93.4% |
| Other amounts receivable | 41 | - | €66 | +€66 | |
| Cash at bank and in hand | 54/58 | €57,670 | €57,892 | +€222 | +0.4% |
| Deferred charges and accrued income | 490/1 | €1,500 | €1,692 | +€192 | +12.8% |
| Total equity and liabilities | 10/49 | €77,153 | €83,617 | +€6,464 | +8.4% |
| Equity | 10/15 | €47,328 | €54,179 | +€6,852 | +14.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,328 | €51,179 | +€6,852 | +15.5% |
| Amounts payable | 17/49 | €29,825 | €29,437 | -€388 | -1.3% |
| Amounts payable within one year | 42/48 | €29,766 | €29,437 | -€328 | -1.1% |
| Trade debts | 44 | €3,936 | €6,278 | +€2,342 | +59.5% |
| Suppliers | 440/4 | €3,936 | €6,278 | +€2,342 | +59.5% |
| Taxes, remuneration and social security | 45 | €12,370 | €7,919 | -€4,451 | -36.0% |
| Taxes | 450/3 | €12,370 | €7,919 | -€4,451 | -36.0% |
| Other amounts payable | 47/48 | €13,460 | €15,241 | +€1,781 | +13.2% |
| Accrued charges and deferred income | 492/3 | €59 | - | -€59 | |
| Non-recurring operating income | 76A | €120 | - | -€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,815 | €3,596 | +€781 | +27.8% |
| Other operating charges | 640/8 | €1,129 | €1,498 | +€369 | +32.7% |
| Non-recurring operating charges | 66A | - | €4,550 | +€4,550 | |
| Gross operating margin | 9900 | €33,537 | €18,401 | -€15,136 | -45.1% |
| Operating profit (loss) | 9901 | €29,593 | €8,757 | -€20,836 | -70.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -95.2% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -95.2% |
| Financial charges | 65/66B | €58 | €54 | -€4 | -6.6% |
| Recurring financial charges | 65 | €58 | €54 | -€4 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €29,537 | €8,702 | -€20,835 | -70.5% |
| Income taxes | 67/77 | €5,989 | €1,850 | -€4,139 | -69.1% |
| Profit (loss) for the period | 9904 | €23,548 | €6,852 | -€16,697 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,548 | €6,852 | -€16,697 | -70.9% |
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 2 November 2026 via checked.be.