ALEXANDER VANDENBERGEN: what changed
What changed
ALEXANDER VANDENBERGEN
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€712,463
2024 · €443,316+€269,147
Equity
€4.0m
2024 · €3.5m+€536,463
Cash
€2.3m
2024 · €844,843+€1.5m
Balance sheet total
€5.0m
2024 · €4.3m+€658,152
Largest movements
Assets
- Cash +€1.5m
up €1.5m (+172%), from €844,843 to €2.3m
mainly Net result for the year (+€712,463) and Investment in fixed assets (net) (+€422,270)
- Financial fixed assets -€446,364
down €446,364 (-81.2%), from €550,000 to €103,636
- Current investments -€285,470
down €285,470 (-17.1%), from €1.7m to €1.4m
- Tangible fixed assets -€66,556
down €66,556 (-6.7%), from €994,187 to €927,632
of which Land and buildings: -€68,405
Equity and liabilities
- Reserves +€536,463
up €536,463 (+15.4%), from €3.5m to €4.0m
- Other debts +€138,166
up €138,166 (+27.6%), from €500,883 to €639,049
Income statement
- Financial income +€239,893
up €239,893 (+466%), from €51,425 to €291,318
- Taxes +€49,118
up €49,118 (+24.1%), from €204,059 to €253,177
- Financial charges -€40,247
down €40,247 (-45.8%), from €87,872 to €47,624
of which Financial charges: -€37,855
- Gross operating margin +€36,380
up €36,380 (+4.6%), from €785,287 to €821,668
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
€443,316
Gross operating margin
+€36,380
Depreciation
+€659
Other operating charges
+€1,338
Other operating items
-€251
Financial income
+€239,893
Financial charges
+€40,247
Taxes
-€49,118
Result 2025
€712,463
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
+€937,467
Investment
+€707,740
Financing
-€194,081
Cash 2024
€844,843
From operations (derived)
+€937,467
Net result for the year
+€712,463
Depreciation
+€90,649
Receivables within one year
-€12,767
Deferred charges and accrued income
+€7,352
Trade debts
-€5,579
Tax, wage and social debts
+€47,673
Other debts
+€138,166
Accrued charges and deferred income
-€40,490
Investment (derived)
+€707,740
Investment in fixed assets (net)
+€422,270
Current investments
+€285,470
Financing
-€194,081
Debts after one year
-€18,302
Current portion of long-term debt
+€222
Contributions, distributions and other
-€176,000
Cash 2025
€2.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,317,290 | €4,975,442 | +€658,152 | +15.2% |
| Fixed assets | 21/28 | €1,544,187 | €1,031,268 | -€512,919 | -33.2% |
| Tangible fixed assets | 22/27 | €994,187 | €927,632 | -€66,556 | -6.7% |
| Land and buildings | 22 | €954,328 | €885,923 | -€68,405 | -7.2% |
| Furniture and vehicles | 24 | €39,859 | €41,708 | +€1,850 | +4.6% |
| Financial fixed assets | 28 | €550,000 | €103,636 | -€446,364 | -81.2% |
| Current assets | 29/58 | €2,773,103 | €3,944,175 | +€1.2m | +42.2% |
| Amounts receivable within one year | 40/41 | €250,770 | €263,537 | +€12,767 | +5.1% |
| Trade receivables | 40 | €250,770 | €263,537 | +€12,767 | +5.1% |
| Current investments | 50/53 | €1,667,908 | €1,382,437 | -€285,470 | -17.1% |
| Cash at bank and in hand | 54/58 | €844,843 | €2,295,969 | +€1.5m | +172% |
| Deferred charges and accrued income | 490/1 | €9,583 | €2,231 | -€7,352 | -76.7% |
| Total equity and liabilities | 10/49 | €4,317,290 | €4,975,442 | +€658,152 | +15.2% |
| Equity | 10/15 | €3,501,431 | €4,037,894 | +€536,463 | +15.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,482,839 | €4,019,302 | +€536,463 | +15.4% |
| Distributable reserves | 133 | €3,482,839 | €4,019,302 | +€536,463 | +15.4% |
| Amounts payable | 17/49 | €815,859 | €937,548 | +€121,689 | +14.9% |
| Amounts payable after more than one year | 17 | €76,161 | €57,858 | -€18,302 | -24.0% |
| Financial debts | 170/4 | €76,161 | €57,858 | -€18,302 | -24.0% |
| Amounts payable within one year | 42/48 | €654,882 | €835,364 | +€180,482 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €18,081 | €18,302 | +€222 | +1.2% |
| Trade debts | 44 | €19,231 | €13,652 | -€5,579 | -29.0% |
| Suppliers | 440/4 | €19,231 | €13,652 | -€5,579 | -29.0% |
| Taxes, remuneration and social security | 45 | €116,687 | €164,360 | +€47,673 | +40.9% |
| Taxes | 450/3 | €116,687 | €164,360 | +€47,673 | +40.9% |
| Other amounts payable | 47/48 | €500,883 | €639,049 | +€138,166 | +27.6% |
| Accrued charges and deferred income | 492/3 | €84,816 | €44,326 | -€40,490 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,308 | €90,649 | -€659 | -0.7% |
| Other operating charges | 640/8 | €9,504 | €8,166 | -€1,338 | -14.1% |
| Non-recurring operating charges | 66A | €655 | €907 | +€251 | +38.4% |
| Gross operating margin | 9900 | €785,287 | €821,668 | +€36,380 | +4.6% |
| Operating profit (loss) | 9901 | €683,820 | €721,946 | +€38,125 | +5.6% |
| Financial income | 75/76B | €51,425 | €291,318 | +€239,893 | +466% |
| Recurring financial income | 75 | €51,425 | €291,318 | +€239,893 | +466% |
| Financial charges | 65/66B | €87,872 | €47,624 | -€40,247 | -45.8% |
| Recurring financial charges | 65 | €85,480 | €47,624 | -€37,855 | -44.3% |
| Non-recurring financial charges | 66B | €2,392 | - | -€2,392 | |
| Profit (loss) for the period before taxes | 9903 | €647,374 | €965,640 | +€318,266 | +49.2% |
| Income taxes | 67/77 | €204,059 | €253,177 | +€49,118 | +24.1% |
| Profit (loss) for the period | 9904 | €443,316 | €712,463 | +€269,147 | +60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €443,316 | €712,463 | +€269,147 | +60.7% |
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 4 November 2026 via checked.be.