Bert Van Gramberen: 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.
Bert Van Gramberen
Largest movements
- Cash +€18,401
up €18,401 (+654%), from €2,815 to €21,216
mainly Net result for the year (+€20,092) and Depreciation (+€4,549)
- Reserves +€20,092
up €20,092 (+174%), from €11,520 to €31,612
- Trade debts -€2,639
down €2,639 (-65.6%), from €4,024 to €1,385
- Tax, wage and social debts +€2,618
up €2,618 (+88.2%), from €2,969 to €5,587
- Other debts -€1,405
down €1,405 (-80.6%), from €1,742 to €337
- Gross operating margin +€13,829
up €13,829 (+82.1%), from €16,836 to €30,664
- Depreciation +€2,875
up €2,875 (+172%), from €1,674 to €4,549
- Taxes +€2,618
up €2,618 (+88.2%), from €2,969 to €5,587
- Other operating charges -€357
down €357 (-53.9%), from €662 to €306
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 | €25,255 | €43,921 | +€18,666 | +73.9% |
| Fixed assets | 21/28 | €21,053 | €21,277 | +€224 | +1.1% |
| Tangible fixed assets | 22/27 | €21,053 | €21,277 | +€224 | +1.1% |
| Plant, machinery and equipment | 23 | €17,410 | €16,898 | -€512 | -2.9% |
| Furniture and vehicles | 24 | €3,643 | €4,379 | +€737 | +20.2% |
| Current assets | 29/58 | €4,202 | €22,644 | +€18,442 | +439% |
| Amounts receivable within one year | 40/41 | €525 | €413 | -€113 | -21.4% |
| Trade receivables | 40 | €525 | €413 | -€113 | -21.4% |
| Cash at bank and in hand | 54/58 | €2,815 | €21,216 | +€18,401 | +654% |
| Deferred charges and accrued income | 490/1 | €863 | €1,016 | +€153 | +17.8% |
| Total equity and liabilities | 10/49 | €25,255 | €43,921 | +€18,666 | +73.9% |
| Equity | 10/15 | €16,520 | €36,612 | +€20,092 | +122% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,520 | €31,612 | +€20,092 | +174% |
| Distributable reserves | 133 | €11,520 | €31,612 | +€20,092 | +174% |
| Amounts payable | 17/49 | €8,735 | €7,310 | -€1,426 | -16.3% |
| Amounts payable within one year | 42/48 | €8,735 | €7,310 | -€1,426 | -16.3% |
| Trade debts | 44 | €4,024 | €1,385 | -€2,639 | -65.6% |
| Suppliers | 440/4 | €4,024 | €1,385 | -€2,639 | -65.6% |
| Taxes, remuneration and social security | 45 | €2,969 | €5,587 | +€2,618 | +88.2% |
| Taxes | 450/3 | €2,969 | €5,587 | +€2,618 | +88.2% |
| Other amounts payable | 47/48 | €1,742 | €337 | -€1,405 | -80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,674 | €4,549 | +€2,875 | +172% |
| Other operating charges | 640/8 | €662 | €306 | -€357 | -53.9% |
| Gross operating margin | 9900 | €16,836 | €30,664 | +€13,829 | +82.1% |
| Operating profit (loss) | 9901 | €14,499 | €25,809 | +€11,310 | +78.0% |
| Financial charges | 65/66B | €10 | €130 | +€120 | +1,199% |
| Recurring financial charges | 65 | €10 | €130 | +€120 | +1,199% |
| Profit (loss) for the period before taxes | 9903 | €14,489 | €25,679 | +€11,190 | +77.2% |
| Income taxes | 67/77 | €2,969 | €5,587 | +€2,618 | +88.2% |
| Profit (loss) for the period | 9904 | €11,520 | €20,092 | +€8,572 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,520 | €20,092 | +€8,572 | +74.4% |
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 19 October 2026 via checked.be.