VERSCHUREN - BUERMANS: what changed
VERSCHUREN - BUERMANS
Largest movements
- Tangible fixed assets +€9,249
up €9,249 (+104%), from €8,913 to €18,163
of which Furniture and vehicles: +€12,647
- Cash +€2,818
up €2,818 (+5.8%), from €48,742 to €51,560
mainly Net result for the year (+€10,267) and Depreciation (+€5,514)
- Receivables within one year +€1,905
up €1,905 (+168%), from €1,133 to €3,039
- Deferred charges and accrued income +€1,700
up €1,700 (+109%), from €1,558 to €3,258
- Profit (loss) carried forward +€29,846
up €29,846, from -€29,846 to €0
- Reserves -€19,579
down €19,579 (-26.4%), from €74,177 to €54,597
of which Distributable reserves: -€19,579
- Trade debts +€3,564
up €3,564 (+40.9%), from €8,712 to €12,276
- Tax, wage and social debts +€1,692
up €1,692 (+174%), from €972 to €2,664
- Turnover +€409,421
new in 2025: €409,421
- Purchases and services +€285,822
new in 2025: €285,822
- Gross operating margin +€22,772
up €22,772 (+20.9%), from €109,046 to €131,818
- Staff costs +€14,292
up €14,292 (+15.3%), from €93,337 to €107,628
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 | €73,088 | €88,611 | +€15,523 | +21.2% |
| Fixed assets | 21/28 | €12,672 | €21,948 | +€9,277 | +73.2% |
| Tangible fixed assets | 22/27 | €8,913 | €18,163 | +€9,249 | +104% |
| Land and buildings | 22 | €3,381 | €2,508 | -€873 | -25.8% |
| Plant, machinery and equipment | 23 | €5,532 | €3,008 | -€2,524 | -45.6% |
| Furniture and vehicles | 24 | - | €12,647 | +€12,647 | |
| Financial fixed assets | 28 | €3,758 | €3,785 | +€27 | +0.7% |
| Current assets | 29/58 | €60,416 | €66,662 | +€6,246 | +10.3% |
| Stocks and contracts in progress | 3 | €8,983 | €8,806 | -€177 | -2.0% |
| Stocks | 30/36 | €8,983 | €8,806 | -€177 | -2.0% |
| Amounts receivable within one year | 40/41 | €1,133 | €3,039 | +€1,905 | +168% |
| Trade receivables | 40 | €1,133 | €3,039 | +€1,905 | +168% |
| Cash at bank and in hand | 54/58 | €48,742 | €51,560 | +€2,818 | +5.8% |
| Deferred charges and accrued income | 490/1 | €1,558 | €3,258 | +€1,700 | +109% |
| Total equity and liabilities | 10/49 | €73,088 | €88,611 | +€15,523 | +21.2% |
| Equity | 10/15 | €62,931 | €73,197 | +€10,267 | +16.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €74,177 | €54,597 | -€19,579 | -26.4% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €66,177 | €46,597 | -€19,579 | -29.6% |
| Profit (loss) carried forward | 14 | -€29,846 | €0 | +€29,846 | |
| Amounts payable | 17/49 | €10,157 | €15,413 | +€5,256 | +51.7% |
| Amounts payable within one year | 42/48 | €10,157 | €15,413 | +€5,256 | +51.7% |
| Trade debts | 44 | €8,712 | €12,276 | +€3,564 | +40.9% |
| Suppliers | 440/4 | €8,712 | €12,276 | +€3,564 | +40.9% |
| Taxes, remuneration and social security | 45 | €972 | €2,664 | +€1,692 | +174% |
| Taxes | 450/3 | €972 | €2,664 | +€1,692 | +174% |
| Other amounts payable | 47/48 | €473 | €473 | = | 0.0% |
| Turnover | 70 | - | €409,421 | +€409,421 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €285,822 | +€285,822 | |
| Remuneration, social security and pensions | 62 | €93,337 | €107,628 | +€14,292 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,126 | €5,514 | +€1,389 | +33.7% |
| Other operating charges | 640/8 | €3,120 | €6,835 | +€3,715 | +119% |
| Gross operating margin | 9900 | €109,046 | €131,818 | +€22,772 | +20.9% |
| Operating profit (loss) | 9901 | €8,463 | €11,840 | +€3,377 | +39.9% |
| Financial income | 75/76B | €35 | €35 | +€0 | +0.6% |
| Recurring financial income | 75 | €35 | €35 | +€0 | +0.6% |
| Financial charges | 65/66B | €1,163 | €1,351 | +€188 | +16.2% |
| Recurring financial charges | 65 | €1,163 | €1,351 | +€188 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €7,335 | €10,524 | +€3,189 | +43.5% |
| Income taxes | 67/77 | €341 | €257 | -€84 | -24.5% |
| Profit (loss) for the period | 9904 | €6,994 | €10,267 | +€3,272 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,994 | €10,267 | +€3,272 | +46.8% |
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 3 November 2026 via checked.be.