DELBROUCK Eric: 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.
DELBROUCK Eric
Largest movements
- Cash +€42,734
up €42,734 (+29.5%), from €145,071 to €187,805
mainly Net result for the year (+€67,380) and Depreciation (+€7,051)
- Tangible fixed assets -€4,335
down €4,335 (-23.4%), from €18,558 to €14,224
of which Furniture and vehicles: -€3,577
- Receivables within one year -€2,992
down €2,992 (-37.5%), from €7,990 to €4,998
- Deferred charges and accrued income +€2,441
up €2,441 (+42.8%), from €5,702 to €8,143
- Profit (loss) carried forward +€67,380
up €67,380 (+67.8%), from €99,420 to €166,799
- Other debts -€18,490
down €18,490 (-49.7%), from €37,171 to €18,681
- Tax, wage and social debts -€13,388
down €13,388 (-51.5%), from €26,018 to €12,630
of which Taxes: -€13,169
- Trade debts +€4,942
up €4,942 (+256%), from €1,929 to €6,871
- Debts after one year -€3,381
down €3,381 (-62.5%), from €5,407 to €2,027
- Gross operating margin -€34,731
down €34,731 (-23.8%), from €145,765 to €111,034
- Taxes -€9,687
down €9,687 (-26.5%), from €36,512 to €26,825
- Depreciation -€4,189
down €4,189 (-37.3%), from €11,241 to €7,051
- Staff costs +€3,790
up €3,790 (+491%), from €772 to €4,562
- Financial charges +€1,898
up €1,898 (+153%), from €1,244 to €3,142
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 | €177,822 | €215,670 | +€37,848 | +21.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €19,058 | €14,724 | -€4,335 | -22.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €18,558 | €14,224 | -€4,335 | -23.4% |
| Furniture and vehicles | 24 | €15,680 | €12,103 | -€3,577 | -22.8% |
| Other tangible fixed assets | 26 | €2,879 | €2,121 | -€758 | -26.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €158,763 | €200,946 | +€42,183 | +26.6% |
| Amounts receivable within one year | 40/41 | €7,990 | €4,998 | -€2,992 | -37.5% |
| Other amounts receivable | 41 | €7,990 | €4,998 | -€2,992 | -37.5% |
| Cash at bank and in hand | 54/58 | €145,071 | €187,805 | +€42,734 | +29.5% |
| Deferred charges and accrued income | 490/1 | €5,702 | €8,143 | +€2,441 | +42.8% |
| Total equity and liabilities | 10/49 | €177,822 | €215,670 | +€37,848 | +21.3% |
| Equity | 10/15 | €103,420 | €170,799 | +€67,380 | +65.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,420 | €166,799 | +€67,380 | +67.8% |
| Amounts payable | 17/49 | €74,402 | €44,870 | -€29,532 | -39.7% |
| Amounts payable after more than one year | 17 | €5,407 | €2,027 | -€3,381 | -62.5% |
| Financial debts | 170/4 | €5,407 | €2,027 | -€3,381 | -62.5% |
| Amounts payable within one year | 42/48 | €68,384 | €41,563 | -€26,821 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €3,265 | €3,381 | +€115 | +3.5% |
| Trade debts | 44 | €1,929 | €6,871 | +€4,942 | +256% |
| Suppliers | 440/4 | €1,929 | €6,871 | +€4,942 | +256% |
| Taxes, remuneration and social security | 45 | €26,018 | €12,630 | -€13,388 | -51.5% |
| Taxes | 450/3 | €25,512 | €12,343 | -€13,169 | -51.6% |
| Remuneration and social security | 454/9 | €506 | €287 | -€219 | -43.4% |
| Other amounts payable | 47/48 | €37,171 | €18,681 | -€18,490 | -49.7% |
| Accrued charges and deferred income | 492/3 | €611 | €1,281 | +€670 | +110% |
| Remuneration, social security and pensions | 62 | €772 | €4,562 | +€3,790 | +491% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,241 | €7,051 | -€4,189 | -37.3% |
| Other operating charges | 640/8 | €2,534 | €2,277 | -€257 | -10.1% |
| Gross operating margin | 9900 | €145,765 | €111,034 | -€34,731 | -23.8% |
| Operating profit (loss) | 9901 | €131,219 | €97,143 | -€34,075 | -26.0% |
| Financial income | 75/76B | €719 | €203 | -€516 | -71.7% |
| Recurring financial income | 75 | €719 | €203 | -€516 | -71.7% |
| Financial charges | 65/66B | €1,244 | €3,142 | +€1,898 | +153% |
| Recurring financial charges | 65 | €1,244 | €3,142 | +€1,898 | +153% |
| Profit (loss) for the period before taxes | 9903 | €130,694 | €94,205 | -€36,489 | -27.9% |
| Income taxes | 67/77 | €36,512 | €26,825 | -€9,687 | -26.5% |
| Profit (loss) for the period | 9904 | €94,182 | €67,380 | -€26,803 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €94,182 | €67,380 | -€26,803 | -28.5% |
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 1 November 2026 via checked.be.