Andreas Van Assche: 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.
Andreas Van Assche
Largest movements
- Receivables within one year +€21,949
up €21,949 (+310%), from €7,078 to €29,027
of which Other amounts receivable: +€27,752
- Tangible fixed assets +€3,015
up €3,015 (+313%), from €963 to €3,979
- Cash +€2,186
up €2,186 (+89.7%), from €2,437 to €4,623
mainly Net result for the year (+€26,856) and Other debts (+€21,232)
- Other debts +€21,232
up €21,232 (+4,295%), from €494 to €21,726
- Profit (loss) carried forward +€4,856
up €4,856 (+979%), from €496 to €5,352
- Tax, wage and social debts +€2,353
up €2,353 (+31.9%), from €7,364 to €9,716
of which Taxes: +€6,353
- Trade debts -€1,125
no longer reported in 2025 (was €1,125)
- Gross operating margin +€36,529
up €36,529 (+1,494%), from €2,444 to €38,973
- Taxes +€9,786
up €9,786 (+5,577%), from €175 to €9,962
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 | €10,478 | €37,794 | +€27,316 | +261% |
| Fixed assets | 21/28 | €963 | €3,979 | +€3,015 | +313% |
| Tangible fixed assets | 22/27 | €963 | €3,979 | +€3,015 | +313% |
| Furniture and vehicles | 24 | €963 | €3,979 | +€3,015 | +313% |
| Current assets | 29/58 | €9,515 | €33,816 | +€24,301 | +255% |
| Amounts receivable within one year | 40/41 | €7,078 | €29,027 | +€21,949 | +310% |
| Trade receivables | 40 | €7,078 | €1,275 | -€5,803 | -82.0% |
| Other amounts receivable | 41 | - | €27,752 | +€27,752 | |
| Cash at bank and in hand | 54/58 | €2,437 | €4,623 | +€2,186 | +89.7% |
| Deferred charges and accrued income | 490/1 | - | €165 | +€165 | |
| Total equity and liabilities | 10/49 | €10,478 | €37,794 | +€27,316 | +261% |
| Equity | 10/15 | €1,496 | €6,352 | +€4,856 | +325% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €496 | €5,352 | +€4,856 | +979% |
| Amounts payable | 17/49 | €8,982 | €31,442 | +€22,460 | +250% |
| Amounts payable within one year | 42/48 | €8,982 | €31,442 | +€22,460 | +250% |
| Trade debts | 44 | €1,125 | - | -€1,125 | |
| Suppliers | 440/4 | €1,125 | - | -€1,125 | |
| Taxes, remuneration and social security | 45 | €7,364 | €9,716 | +€2,353 | +31.9% |
| Taxes | 450/3 | €3,364 | €9,716 | +€6,353 | +189% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €494 | €21,726 | +€21,232 | +4,295% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,227 | €1,189 | -€38 | -3.1% |
| Other operating charges | 640/8 | €725 | €866 | +€141 | +19.5% |
| Gross operating margin | 9900 | €2,444 | €38,973 | +€36,529 | +1,494% |
| Operating profit (loss) | 9901 | €492 | €36,918 | +€36,425 | +7,399% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €160 | €100 | -€61 | -37.7% |
| Recurring financial charges | 65 | €160 | €100 | -€61 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €332 | €36,818 | +€36,486 | +10,984% |
| Income taxes | 67/77 | €175 | €9,962 | +€9,786 | +5,577% |
| Profit (loss) for the period | 9904 | €157 | €26,856 | +€26,700 | +17,039% |
| Profit (loss) for the period to be appropriated | 9905 | €157 | €26,856 | +€26,700 | +17,039% |
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 18 October 2026 via checked.be.