Danny Broekx: 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.
Danny Broekx
Largest movements
- Cash -€6,426
down €6,426 (-66.9%), from €9,607 to €3,180
mainly Net result for the year (-€10,479) and Investment in fixed assets (net) (-€9,536)
- Tangible fixed assets -€888
down €888 (-4.9%), from €17,948 to €17,061
of which Furniture and vehicles: -€3,125
- Reserves -€7,619
down €7,619 (-25.9%), from €29,413 to €21,794
- Debts after one year +€5,584
new in 2025: €5,584
- Current portion of long-term debt -€3,982
down €3,982 (-65.5%), from €6,082 to €2,100
- Profit (loss) carried forward -€2,860
new in 2025: -€2,860
- Trade debts +€1,406
up €1,406 (+8.9%), from €15,717 to €17,123
- Gross operating margin -€22,247
down €22,247 (-94.3%), from €23,591 to €1,343
- Taxes -€4,659
no longer reported in 2025 (was €4,659)
- Depreciation +€2,324
up €2,324 (+28.7%), from €8,100 to €10,424
- Financial charges -€505
down €505 (-46.5%), from €1,086 to €581
- Financial income -€306
down €306 (-32.9%), from €929 to €623
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 | €59,570 | €52,099 | -€7,471 | -12.5% |
| Fixed assets | 21/28 | €17,948 | €17,061 | -€888 | -4.9% |
| Tangible fixed assets | 22/27 | €17,948 | €17,061 | -€888 | -4.9% |
| Plant, machinery and equipment | 23 | €183 | €768 | +€585 | +319% |
| Furniture and vehicles | 24 | €11,719 | €8,594 | -€3,125 | -26.7% |
| Leasing and similar rights | 25 | €6,046 | €7,698 | +€1,652 | +27.3% |
| Current assets | 29/58 | €41,622 | €35,039 | -€6,583 | -15.8% |
| Amounts receivable within one year | 40/41 | €29,378 | €29,613 | +€235 | +0.8% |
| Trade receivables | 40 | €15,572 | €8,812 | -€6,760 | -43.4% |
| Other amounts receivable | 41 | €13,806 | €20,801 | +€6,995 | +50.7% |
| Cash at bank and in hand | 54/58 | €9,607 | €3,180 | -€6,426 | -66.9% |
| Deferred charges and accrued income | 490/1 | €2,637 | €2,245 | -€392 | -14.9% |
| Total equity and liabilities | 10/49 | €59,570 | €52,099 | -€7,471 | -12.5% |
| Equity | 10/15 | €35,613 | €25,134 | -€10,479 | -29.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,413 | €21,794 | -€7,619 | -25.9% |
| Distributable reserves | 133 | €29,413 | €21,794 | -€7,619 | -25.9% |
| Profit (loss) carried forward | 14 | - | -€2,860 | -€2,860 | |
| Amounts payable | 17/49 | €23,957 | €26,965 | +€3,008 | +12.6% |
| Amounts payable after more than one year | 17 | - | €5,584 | +€5,584 | |
| Financial debts | 170/4 | - | €5,584 | +€5,584 | |
| Amounts payable within one year | 42/48 | €23,957 | €21,381 | -€2,576 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €6,082 | €2,100 | -€3,982 | -65.5% |
| Trade debts | 44 | €15,717 | €17,123 | +€1,406 | +8.9% |
| Suppliers | 440/4 | €15,717 | €17,123 | +€1,406 | +8.9% |
| Taxes, remuneration and social security | 45 | €2,159 | €2,159 | = | 0.0% |
| Taxes | 450/3 | €2,159 | €2,159 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,100 | €10,424 | +€2,324 | +28.7% |
| Other operating charges | 640/8 | €1,253 | €1,441 | +€188 | +15.0% |
| Gross operating margin | 9900 | €23,591 | €1,343 | -€22,247 | -94.3% |
| Operating profit (loss) | 9901 | €14,238 | -€10,521 | -€24,759 | |
| Financial income | 75/76B | €929 | €623 | -€306 | -32.9% |
| Recurring financial income | 75 | €929 | €623 | -€306 | -32.9% |
| Financial charges | 65/66B | €1,086 | €581 | -€505 | -46.5% |
| Recurring financial charges | 65 | €1,086 | €581 | -€505 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | €14,081 | -€10,479 | -€24,560 | |
| Income taxes | 67/77 | €4,659 | - | -€4,659 | |
| Profit (loss) for the period | 9904 | €9,422 | -€10,479 | -€19,901 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,422 | -€10,479 | -€19,901 |
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 24 October 2026 via checked.be.