Dirk Hasenbroekx: what changed
Dirk Hasenbroekx
Largest movements
- Cash -€20,091
down €20,091 (-67.9%), from €29,577 to €9,487
mainly Trade debts (-€14,627) and Tax, wage and social debts (-€8,369)
- Receivables within one year +€7,027
up €7,027 (+74.9%), from €9,381 to €16,409
of which Other amounts receivable: +€8,997
- Tangible fixed assets -€1,549
down €1,549 (-7.9%), from €19,693 to €18,144
of which Land and buildings: -€1,383
- Deferred charges and accrued income -€1,313
no longer reported in 2025 (was €1,313)
- Trade debts -€14,627
down €14,627 (-54.8%), from €26,709 to €12,083
- Reserves +€10,448
up €10,448 (+36.1%), from €28,909 to €39,357
of which Distributable reserves: +€10,448
- Tax, wage and social debts -€8,369
down €8,369 (-77.0%), from €10,874 to €2,505
of which Taxes: -€5,461
- Other debts -€3,378
down €3,378 (-43.4%), from €7,784 to €4,405
- Gross operating margin -€54,548
down €54,548 (-69.8%), from €78,162 to €23,614
- Staff costs -€46,055
down €46,055 (-95.5%), from €48,215 to €2,160
- Taxes -€881
down €881 (-16.1%), from €5,461 to €4,580
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,868 | €76,942 | -€15,925 | -17.1% |
| Fixed assets | 21/28 | €19,952 | €18,403 | -€1,549 | -7.8% |
| Tangible fixed assets | 22/27 | €19,693 | €18,144 | -€1,549 | -7.9% |
| Land and buildings | 22 | €17,844 | €16,461 | -€1,383 | -7.7% |
| Plant, machinery and equipment | 23 | €1,119 | €1,683 | +€564 | +50.4% |
| Other tangible fixed assets | 26 | €730 | - | -€730 | |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €72,916 | €58,540 | -€14,376 | -19.7% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,645 | €2,645 | = | 0.0% |
| Stocks | 30/36 | €2,645 | €2,645 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,381 | €16,409 | +€7,027 | +74.9% |
| Trade receivables | 40 | €2,437 | €468 | -€1,970 | -80.8% |
| Other amounts receivable | 41 | €6,944 | €15,941 | +€8,997 | +130% |
| Cash at bank and in hand | 54/58 | €29,577 | €9,487 | -€20,091 | -67.9% |
| Deferred charges and accrued income | 490/1 | €1,313 | - | -€1,313 | |
| Total equity and liabilities | 10/49 | €92,868 | €76,942 | -€15,925 | -17.1% |
| Equity | 10/15 | €47,501 | €57,949 | +€10,448 | +22.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €28,909 | €39,357 | +€10,448 | +36.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,224 | €2,224 | = | 0.0% |
| Distributable reserves | 133 | €24,825 | €35,274 | +€10,448 | +42.1% |
| Amounts payable | 17/49 | €45,367 | €18,993 | -€26,374 | -58.1% |
| Amounts payable within one year | 42/48 | €45,367 | €18,993 | -€26,374 | -58.1% |
| Trade debts | 44 | €26,709 | €12,083 | -€14,627 | -54.8% |
| Suppliers | 440/4 | €26,709 | €12,083 | -€14,627 | -54.8% |
| Taxes, remuneration and social security | 45 | €10,874 | €2,505 | -€8,369 | -77.0% |
| Taxes | 450/3 | €7,966 | €2,505 | -€5,461 | -68.6% |
| Remuneration and social security | 454/9 | €2,908 | - | -€2,908 | |
| Other amounts payable | 47/48 | €7,784 | €4,405 | -€3,378 | -43.4% |
| Remuneration, social security and pensions | 62 | €48,215 | €2,160 | -€46,055 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,421 | €2,723 | +€301 | +12.4% |
| Other operating charges | 640/8 | €1,834 | €1,319 | -€515 | -28.1% |
| Gross operating margin | 9900 | €78,162 | €23,614 | -€54,548 | -69.8% |
| Operating profit (loss) | 9901 | €25,691 | €17,412 | -€8,279 | -32.2% |
| Financial income | 75/76B | €394 | €313 | -€81 | -20.6% |
| Recurring financial income | 75 | €394 | €313 | -€81 | -20.6% |
| Financial charges | 65/66B | €2,349 | €2,697 | +€348 | +14.8% |
| Recurring financial charges | 65 | €2,349 | €2,697 | +€348 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €23,737 | €15,028 | -€8,708 | -36.7% |
| Income taxes | 67/77 | €5,461 | €4,580 | -€881 | -16.1% |
| Profit (loss) for the period | 9904 | €18,276 | €10,448 | -€7,828 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,276 | €10,448 | -€7,828 | -42.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.