Alex Van Den Bremt: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Alex Van Den Bremt
Largest movements
- Tangible fixed assets -€530
down €530 (-61.5%), from €861 to €331
- Cash +€101
up €101 (+12.8%), from €791 to €892
mainly Other debts (+€4,738) and Depreciation (+€530)
- Other debts +€4,738
up €4,738 (+12.0%), from €39,465 to €44,203
- Profit (loss) carried forward -€4,668
down €4,668 (-5.6%), from -€83,041 to -€87,709
- Accrued charges and deferred income -€500
down €500 (-15.4%), from €3,255 to €2,755
- Gross operating margin +€685
up €685 (+16.9%), from -€4,054 to -€3,369
- Depreciation -€345
down €345 (-39.5%), from €875 to €530
- Other operating charges +€94
up €94 (+15.6%), from €600 to €694
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,652 | €1,223 | -€429 | -25.9% |
| Fixed assets | 21/28 | €861 | €331 | -€530 | -61.5% |
| Tangible fixed assets | 22/27 | €861 | €331 | -€530 | -61.5% |
| Furniture and vehicles | 24 | €861 | €331 | -€530 | -61.5% |
| Current assets | 29/58 | €791 | €892 | +€101 | +12.8% |
| Cash at bank and in hand | 54/58 | €791 | €892 | +€101 | +12.8% |
| Total equity and liabilities | 10/49 | €1,652 | €1,223 | -€429 | -25.9% |
| Equity | 10/15 | -€42,134 | -€46,802 | -€4,668 | -11.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,507 | €28,507 | = | 0.0% |
| Non-distributable reserves | 130/1 | €335 | €335 | = | 0.0% |
| Reserves not available under the articles | 1311 | €335 | €335 | = | 0.0% |
| Distributable reserves | 133 | €28,172 | €28,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,041 | -€87,709 | -€4,668 | -5.6% |
| Amounts payable | 17/49 | €43,786 | €48,025 | +€4,239 | +9.7% |
| Amounts payable within one year | 42/48 | €40,531 | €45,270 | +€4,739 | +11.7% |
| Trade debts | 44 | €1,066 | €1,067 | +€1 | +0.1% |
| Suppliers | 440/4 | €1,066 | €1,067 | +€1 | +0.1% |
| Other amounts payable | 47/48 | €39,465 | €44,203 | +€4,738 | +12.0% |
| Accrued charges and deferred income | 492/3 | €3,255 | €2,755 | -€500 | -15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €875 | €530 | -€345 | -39.5% |
| Other operating charges | 640/8 | €600 | €694 | +€94 | +15.6% |
| Gross operating margin | 9900 | -€4,054 | -€3,369 | +€685 | +16.9% |
| Operating profit (loss) | 9901 | -€5,529 | -€4,593 | +€936 | +16.9% |
| Financial charges | 65/66B | €54 | €75 | +€21 | +38.9% |
| Recurring financial charges | 65 | €54 | €75 | +€21 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,583 | -€4,668 | +€915 | +16.4% |
| Income taxes | 67/77 | €12 | - | -€12 | |
| Profit (loss) for the period | 9904 | -€5,595 | -€4,668 | +€927 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,595 | -€4,668 | +€927 | +16.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.