Dr. Ben Vanleeuw: what changed
Dr. Ben Vanleeuw
Largest movements
- Cash +€99,009
up €99,009 (+43.1%), from €229,647 to €328,655
mainly Net result for the year (+€96,848) and Tax, wage and social debts (+€17,428)
- Deferred charges and accrued income +€22,723
new in 2024: €22,723
- Tangible fixed assets -€7,654
down €7,654 (-29.2%), from €26,218 to €18,564
of which Furniture and vehicles: -€6,967
- Reserves +€96,848
up €96,848 (+37.0%), from €261,681 to €358,529
- Tax, wage and social debts +€17,428
up €17,428 (+7,262%), from €240 to €17,668
- Gross operating margin +€57,564
up €57,564 (+66.5%), from €86,511 to €144,075
- Taxes +€17,358
up €17,358 (+78.6%), from €22,070 to €39,428
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €269,003 | €383,075 | +€114,073 | +42.4% |
| Fixed assets | 21/28 | €26,218 | €18,564 | -€7,654 | -29.2% |
| Tangible fixed assets | 22/27 | €26,218 | €18,564 | -€7,654 | -29.2% |
| Plant, machinery and equipment | 23 | €2,473 | €1,786 | -€687 | -27.8% |
| Furniture and vehicles | 24 | €23,746 | €16,779 | -€6,967 | -29.3% |
| Current assets | 29/58 | €242,784 | €364,511 | +€121,727 | +50.1% |
| Amounts receivable within one year | 40/41 | €13,137 | €13,133 | -€5 | 0.0% |
| Other amounts receivable | 41 | €13,137 | €13,133 | -€5 | 0.0% |
| Cash at bank and in hand | 54/58 | €229,647 | €328,655 | +€99,009 | +43.1% |
| Deferred charges and accrued income | 490/1 | - | €22,723 | +€22,723 | |
| Total equity and liabilities | 10/49 | €269,003 | €383,075 | +€114,073 | +42.4% |
| Equity | 10/15 | €262,681 | €359,529 | +€96,848 | +36.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €261,681 | €358,529 | +€96,848 | +37.0% |
| Distributable reserves | 133 | €261,681 | €358,529 | +€96,848 | +37.0% |
| Amounts payable | 17/49 | €6,322 | €23,547 | +€17,225 | +272% |
| Amounts payable within one year | 42/48 | €6,222 | €23,547 | +€17,325 | +278% |
| Trade debts | 44 | €1,254 | €774 | -€480 | -38.3% |
| Suppliers | 440/4 | €1,254 | €774 | -€480 | -38.3% |
| Taxes, remuneration and social security | 45 | €240 | €17,668 | +€17,428 | +7,262% |
| Taxes | 450/3 | €240 | €17,668 | +€17,428 | +7,262% |
| Other amounts payable | 47/48 | €4,728 | €5,105 | +€378 | +8.0% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Non-recurring operating income | 76A | €180 | - | -€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,615 | €7,654 | +€39 | +0.5% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €86,511 | €144,075 | +€57,564 | +66.5% |
| Operating profit (loss) | 9901 | €78,834 | €136,359 | +€57,524 | +73.0% |
| Financial charges | 65/66B | -€109 | €83 | +€192 | |
| Recurring financial charges | 65 | -€109 | €83 | +€192 | |
| Profit (loss) for the period before taxes | 9903 | €78,943 | €136,275 | +€57,332 | +72.6% |
| Income taxes | 67/77 | €22,070 | €39,428 | +€17,358 | +78.6% |
| Profit (loss) for the period | 9904 | €56,873 | €96,848 | +€39,975 | +70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,873 | €96,848 | +€39,975 | +70.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.