DE BOECK-VENNEMAN: what changed
What changed
DE BOECK-VENNEMAN
filed annual accounts (NBB)
Net result for the year
€3,951
2024 · €3,125+€826
Equity
€511,250
2024 · €507,298+€3,951
Cash
€124,484
2024 · €27,314+€97,170
Balance sheet total
€625,049
2024 · €614,417+€10,632
Largest movements
Assets
- Cash +€97,170
up €97,170 (+356%), from €27,314 to €124,484
mainly Current investments (+€82,572) and Tax, wage and social debts (+€34,248)
- Current investments -€82,572
down €82,572 (-16.4%), from €503,275 to €420,703
Equity and liabilities
- Tax, wage and social debts +€34,248
up €34,248 (+10,958%), from €313 to €34,561
- Provisions -€21,886
down €21,886 (-35.5%), from €61,631 to €39,745
Income statement
- Taxes +€33,363
up €33,363 (+1,968%), from €1,695 to €35,058
- Financial income +€11,812
up €11,812 (+148%), from €7,975 to €19,787
- Gross operating margin +€6,360
up €6,360 (+162%), from €3,935 to €10,295
- Financial charges +€5,610
up €5,610 (+563%), from €997 to €6,607
- Other operating charges +€269
up €269 (+11.4%), from €2,366 to €2,635
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3,125
Gross operating margin
+€6,360
Depreciation
+€10
Other operating charges
-€269
Financial income
+€11,812
Financial charges
-€5,610
Taxes
-€33,363
Deferred taxes and other
+€21,886
Result 2025
€3,951
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€14,598
Investment
+€82,572
Financing
€0
Cash 2024
€27,314
From operations (derived)
+€14,598
Net result for the year
+€3,951
Depreciation
+€3,716
Receivables within one year
+€279
Smaller working-capital items
+€60
Provisions
-€21,886
Tax, wage and social debts
+€34,248
Other debts
-€5,772
Investment (derived)
+€82,572
Current investments
+€82,572
Cash 2025
€124,484
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €614,417 | €625,049 | +€10,632 | +1.7% |
| Fixed assets | 21/28 | €82,356 | €78,639 | -€3,716 | -4.5% |
| Tangible fixed assets | 22/27 | €82,356 | €78,639 | -€3,716 | -4.5% |
| Land and buildings | 22 | €81,317 | €78,121 | -€3,196 | -3.9% |
| Plant, machinery and equipment | 23 | €1,039 | €519 | -€520 | -50.1% |
| Current assets | 29/58 | €532,062 | €546,410 | +€14,348 | +2.7% |
| Amounts receivable within one year | 40/41 | €1,000 | €721 | -€279 | -27.9% |
| Other amounts receivable | 41 | €1,000 | €721 | -€279 | -27.9% |
| Current investments | 50/53 | €503,275 | €420,703 | -€82,572 | -16.4% |
| Cash at bank and in hand | 54/58 | €27,314 | €124,484 | +€97,170 | +356% |
| Deferred charges and accrued income | 490/1 | €473 | €502 | +€30 | +6.3% |
| Total equity and liabilities | 10/49 | €614,417 | €625,049 | +€10,632 | +1.7% |
| Equity | 10/15 | €507,298 | €511,250 | +€3,951 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €488,698 | €492,650 | +€3,951 | +0.8% |
| Tax-exempt reserves | 132 | €184,893 | €119,235 | -€65,658 | -35.5% |
| Distributable reserves | 133 | €303,805 | €373,415 | +€69,610 | +22.9% |
| Provisions and deferred taxes | 16 | €61,631 | €39,745 | -€21,886 | -35.5% |
| Deferred taxes | 168 | €61,631 | €39,745 | -€21,886 | -35.5% |
| Amounts payable | 17/49 | €45,488 | €74,055 | +€28,567 | +62.8% |
| Amounts payable within one year | 42/48 | €43,643 | €72,120 | +€28,477 | +65.2% |
| Taxes, remuneration and social security | 45 | €313 | €34,561 | +€34,248 | +10,958% |
| Taxes | 450/3 | €313 | €34,561 | +€34,248 | +10,958% |
| Other amounts payable | 47/48 | €43,331 | €37,559 | -€5,772 | -13.3% |
| Accrued charges and deferred income | 492/3 | €1,845 | €1,935 | +€90 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,727 | €3,716 | -€10 | -0.3% |
| Other operating charges | 640/8 | €2,366 | €2,635 | +€269 | +11.4% |
| Gross operating margin | 9900 | €3,935 | €10,295 | +€6,360 | +162% |
| Operating profit (loss) | 9901 | -€2,157 | €3,944 | +€6,101 | |
| Financial income | 75/76B | €7,975 | €19,787 | +€11,812 | +148% |
| Recurring financial income | 75 | €7,975 | €19,787 | +€11,812 | +148% |
| Financial charges | 65/66B | €997 | €6,607 | +€5,610 | +563% |
| Recurring financial charges | 65 | €997 | €6,607 | +€5,610 | +563% |
| Profit (loss) for the period before taxes | 9903 | €4,821 | €17,124 | +€12,303 | +255% |
| Transfer from deferred taxes | 780 | - | €21,886 | +€21,886 | |
| Income taxes | 67/77 | €1,695 | €35,058 | +€33,363 | +1,968% |
| Profit (loss) for the period | 9904 | €3,125 | €3,951 | +€826 | +26.4% |
| Transfer from tax-exempt reserves | 789 | - | €65,658 | +€65,658 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,125 | €69,610 | +€66,484 | +2,127% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.