Bert Van Puymbroeck: 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 Puymbroeck
Largest movements
- Cash +€115,058
up €115,058 (+161%), from €71,287 to €186,345
mainly Net result for the year (+€112,991) and Tax, wage and social debts (+€18,119)
- Receivables within one year +€14,836
up €14,836 (+108%), from €13,799 to €28,635
of which Other amounts receivable: +€15,000
- Reserves +€112,991
up €112,991 (+206%), from €54,864 to €167,854
- Tax, wage and social debts +€18,119
up €18,119 (+113%), from €16,095 to €34,215
- Gross operating margin +€76,029
up €76,029 (+110%), from €69,242 to €145,271
- Taxes +€17,281
up €17,281 (+126%), from €13,753 to €31,034
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 | €85,085 | €214,980 | +€129,894 | +153% |
| Current assets | 29/58 | €85,085 | €214,980 | +€129,894 | +153% |
| Amounts receivable within one year | 40/41 | €13,799 | €28,635 | +€14,836 | +108% |
| Trade receivables | 40 | €13,799 | €13,635 | -€164 | -1.2% |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €71,287 | €186,345 | +€115,058 | +161% |
| Total equity and liabilities | 10/49 | €85,085 | €214,980 | +€129,894 | +153% |
| Equity | 10/15 | €57,864 | €170,854 | +€112,991 | +195% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €54,864 | €167,854 | +€112,991 | +206% |
| Distributable reserves | 133 | €54,864 | €167,854 | +€112,991 | +206% |
| Amounts payable | 17/49 | €27,222 | €44,126 | +€16,904 | +62.1% |
| Amounts payable within one year | 42/48 | €27,222 | €43,448 | +€16,226 | +59.6% |
| Trade debts | 44 | €1,121 | €80 | -€1,042 | -92.9% |
| Suppliers | 440/4 | €1,121 | €80 | -€1,042 | -92.9% |
| Taxes, remuneration and social security | 45 | €16,095 | €34,215 | +€18,119 | +113% |
| Taxes | 450/3 | €16,095 | €34,215 | +€18,119 | +113% |
| Other amounts payable | 47/48 | €10,005 | €9,153 | -€852 | -8.5% |
| Accrued charges and deferred income | 492/3 | - | €678 | +€678 | |
| Other operating charges | 640/8 | €558 | €465 | -€92 | -16.6% |
| Gross operating margin | 9900 | €69,242 | €145,271 | +€76,029 | +110% |
| Operating profit (loss) | 9901 | €68,684 | €144,806 | +€76,122 | +111% |
| Financial charges | 65/66B | €68 | €782 | +€714 | +1,058% |
| Recurring financial charges | 65 | €68 | €782 | +€714 | +1,058% |
| Profit (loss) for the period before taxes | 9903 | €68,617 | €144,024 | +€75,408 | +110% |
| Income taxes | 67/77 | €13,753 | €31,034 | +€17,281 | +126% |
| Profit (loss) for the period | 9904 | €54,864 | €112,991 | +€58,127 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €54,864 | €112,991 | +€58,127 | +106% |
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 28 October 2026 via checked.be.