André Vanbinnebeek: what changed
Two fiscal 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.
André Vanbinnebeek
Largest movements
- Cash -€22,242
down €22,242 (-4.8%), from €464,982 to €442,740
mainly Net result for the year (-€26,310) and Other debts (-€2,000)
- Profit (loss) carried forward -€26,310
down €26,310 (-24.5%), from €107,314 to €81,004
- Gross operating margin -€135,707
down €135,707, from €112,765 to -€22,942
- Staff costs -€71,446
no longer reported in 2025 (was €71,446)
- Taxes -€12,455
down €12,455 (-98.9%), from €12,596 to €141
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.
Cash bridge derived
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 | €783,194 | €756,669 | -€26,525 | -3.4% |
| Fixed assets | 21/28 | €281,274 | €279,841 | -€1,432 | -0.5% |
| Tangible fixed assets | 22/27 | €281,213 | €279,781 | -€1,432 | -0.5% |
| Land and buildings | 22 | €281,213 | €279,781 | -€1,432 | -0.5% |
| Financial fixed assets | 28 | €61 | €61 | = | 0.0% |
| Current assets | 29/58 | €501,920 | €476,828 | -€25,093 | -5.0% |
| Amounts receivable within one year | 40/41 | €34,770 | €30,030 | -€4,740 | -13.6% |
| Trade receivables | 40 | €3,087 | - | -€3,087 | |
| Other amounts receivable | 41 | €31,683 | €30,030 | -€1,653 | -5.2% |
| Cash at bank and in hand | 54/58 | €464,982 | €442,740 | -€22,242 | -4.8% |
| Deferred charges and accrued income | 490/1 | €2,168 | €4,057 | +€1,889 | +87.2% |
| Total equity and liabilities | 10/49 | €783,194 | €756,669 | -€26,525 | -3.4% |
| Equity | 10/15 | €778,068 | €751,758 | -€26,310 | -3.4% |
| Contributions | 10/11 | €422,000 | €422,000 | = | 0.0% |
| Capital | 10 | €422,000 | €422,000 | = | 0.0% |
| Issued capital | 100 | €422,000 | €422,000 | = | 0.0% |
| Reserves | 13 | €248,754 | €248,754 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,200 | €42,200 | = | 0.0% |
| Legal reserve | 130 | €42,200 | €42,200 | = | 0.0% |
| Distributable reserves | 133 | €206,554 | €206,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,314 | €81,004 | -€26,310 | -24.5% |
| Amounts payable | 17/49 | €5,126 | €4,911 | -€215 | -4.2% |
| Amounts payable within one year | 42/48 | €5,126 | €4,911 | -€215 | -4.2% |
| Trade debts | 44 | €126 | €1,770 | +€1,645 | +1307.6% |
| Suppliers | 440/4 | €126 | €1,770 | +€1,645 | +1307.6% |
| Taxes, remuneration and social security | 45 | - | €141 | +€141 | |
| Taxes | 450/3 | - | €141 | +€141 | |
| Other amounts payable | 47/48 | €5,000 | €3,000 | -€2,000 | -40.0% |
| Remuneration, social security and pensions | 62 | €71,446 | - | -€71,446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,967 | €1,432 | -€535 | -27.2% |
| Other operating charges | 640/8 | €993 | €1,082 | +€89 | +9.0% |
| Gross operating margin | 9900 | €112,765 | -€22,942 | -€135,707 | |
| Operating profit (loss) | 9901 | €38,359 | -€25,456 | -€63,816 | |
| Financial income | 75/76B | €1 | €54 | +€54 | +9754.5% |
| Recurring financial income | 75 | €1 | €54 | +€54 | +9754.5% |
| Financial charges | 65/66B | €767 | €767 | +€1 | +0.1% |
| Recurring financial charges | 65 | €767 | €767 | +€1 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €37,593 | -€26,169 | -€63,763 | |
| Income taxes | 67/77 | €12,596 | €141 | -€12,455 | -98.9% |
| Profit (loss) for the period | 9904 | €24,997 | -€26,310 | -€51,307 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,997 | -€26,310 | -€51,307 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.