BERT VAN INGELGHEM: 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.
What changed
BERT VAN INGELGHEM
NACE 69.101, Activities of lawyers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.0m+€266,793
Equity
€5.9m
2024 · €5.2m+€757,283
Cash
€378,601
2024 · €353,009+€25,592
Balance sheet total
€6.2m
2024 · €5.4m+€845,570
Largest movements
Assets
- Current investments +€400,882
up €400,882 (+14.7%), from €2.7m to €3.1m
- Deferred charges and accrued income +€290,865
up €290,865 (+24.1%), from €1.2m to €1.5m
- Receivables within one year +€153,632
up €153,632 (+397%), from €38,684 to €192,316
Equity and liabilities
- Reserves +€757,283
up €757,283 (+14.7%), from €5.2m to €5.9m
of which Distributable reserves: +€757,283
- Short-term financial debts +€84,403
new in 2025: €84,403
Income statement
- Gross operating margin +€301,555
up €301,555 (+19.4%), from €1.6m to €1.9m
- Taxes +€86,857
up €86,857 (+17.2%), from €505,141 to €591,998
- Financial charges -€65,802
down €65,802 (-71.4%), from €92,193 to €26,391
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.
Result 2024
€1.0m
Gross operating margin
+€301,555
Depreciation
-€1,817
Other operating charges
-€770
Financial income
-€11,121
Financial charges
+€65,802
Taxes
-€86,857
Result 2025
€1.3m
raises the resultlowers the result
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.
From operations
+€881,655
Investment
-€408,388
Financing
-€447,675
Cash 2024
€353,009
From operations (derived)
+€881,655
Net result for the year
+€1.3m
Depreciation
+€32,907
Receivables within one year
-€153,632
Deferred charges and accrued income
-€290,865
Smaller working-capital items
-€2,907
Tax, wage and social debts
+€12,903
Investment (derived)
-€408,388
Investment in fixed assets (net)
-€7,505
Current investments
-€400,882
Financing
-€447,675
Debts after one year
-€6,224
Current portion of long-term debt
+€113
Short-term financial debts
+€84,403
Contributions, distributions and other
-€525,967
Cash 2025
€378,601
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,387,514 | €6,233,083 | +€845,570 | +15.7% |
| Fixed assets | 21/28 | €303,411 | €278,009 | -€25,402 | -8.4% |
| Tangible fixed assets | 22/27 | €103,411 | €78,009 | -€25,402 | -24.6% |
| Land and buildings | 22 | €55,888 | €32,383 | -€23,504 | -42.1% |
| Plant, machinery and equipment | 23 | €12,258 | €8,839 | -€3,420 | -27.9% |
| Furniture and vehicles | 24 | €35,265 | €36,787 | +€1,523 | +4.3% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €5,084,103 | €5,955,074 | +€870,971 | +17.1% |
| Amounts receivable after more than one year | 29 | €763,300 | €763,300 | = | 0.0% |
| Other amounts receivable | 291 | €763,300 | €763,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,684 | €192,316 | +€153,632 | +397% |
| Other amounts receivable | 41 | €38,684 | €192,316 | +€153,632 | +397% |
| Current investments | 50/53 | €2,722,347 | €3,123,229 | +€400,882 | +14.7% |
| Cash at bank and in hand | 54/58 | €353,009 | €378,601 | +€25,592 | +7.2% |
| Deferred charges and accrued income | 490/1 | €1,206,764 | €1,497,629 | +€290,865 | +24.1% |
| Total equity and liabilities | 10/49 | €5,387,514 | €6,233,083 | +€845,570 | +15.7% |
| Equity | 10/15 | €5,171,618 | €5,928,900 | +€757,283 | +14.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,159,218 | €5,916,500 | +€757,283 | +14.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €5,157,358 | €5,914,640 | +€757,283 | +14.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €215,896 | €304,183 | +€88,287 | +40.9% |
| Amounts payable after more than one year | 17 | €79,572 | €73,348 | -€6,224 | -7.8% |
| Financial debts | 170/4 | €79,572 | €73,348 | -€6,224 | -7.8% |
| Amounts payable within one year | 42/48 | €135,473 | €229,863 | +€94,390 | +69.7% |
| Current portion of amounts payable after more than one year | 42 | €6,112 | €6,224 | +€113 | +1.8% |
| Financial debts | 43 | - | €84,403 | +€84,403 | |
| Credit institutions | 430/8 | - | €84,403 | +€84,403 | |
| Trade debts | 44 | €5,824 | €2,795 | -€3,029 | -52.0% |
| Suppliers | 440/4 | €5,824 | €2,795 | -€3,029 | -52.0% |
| Taxes, remuneration and social security | 45 | €123,538 | €136,440 | +€12,903 | +10.4% |
| Taxes | 450/3 | €123,538 | €132,969 | +€9,432 | +7.6% |
| Remuneration and social security | 454/9 | - | €3,471 | +€3,471 | |
| Accrued charges and deferred income | 492/3 | €851 | €972 | +€121 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,090 | €32,907 | +€1,817 | +5.8% |
| Other operating charges | 640/8 | €3,893 | €4,662 | +€770 | +19.8% |
| Gross operating margin | 9900 | €1,550,502 | €1,852,057 | +€301,555 | +19.4% |
| Operating profit (loss) | 9901 | €1,515,519 | €1,814,487 | +€298,969 | +19.7% |
| Financial income | 75/76B | €98,272 | €87,151 | -€11,121 | -11.3% |
| Recurring financial income | 75 | €98,272 | €87,151 | -€11,121 | -11.3% |
| Financial charges | 65/66B | €92,193 | €26,391 | -€65,802 | -71.4% |
| Recurring financial charges | 65 | €92,193 | €26,391 | -€65,802 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €1,521,598 | €1,875,247 | +€353,650 | +23.2% |
| Income taxes | 67/77 | €505,141 | €591,998 | +€86,857 | +17.2% |
| Profit (loss) for the period | 9904 | €1,016,456 | €1,283,249 | +€266,793 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,016,456 | €1,283,249 | +€266,793 | +26.2% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.