Frédéric VANCROMBREUCQ: 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.
Frédéric VANCROMBREUCQ
Largest movements
- Receivables within one year +€32,755
up €32,755 (+64.9%), from €50,491 to €83,246
of which Other amounts receivable: +€34,650
- Tangible fixed assets +€7,582
up €7,582 (+232%), from €3,269 to €10,851
of which Furniture and vehicles: +€8,024
- Profit (loss) carried forward +€22,339
up €22,339 (+339%), from €6,597 to €28,936
- Trade debts +€19,122
up €19,122 (+30.9%), from €61,841 to €80,963
- Other debts -€7,243
no longer reported in 2025 (was €7,243)
- Tax, wage and social debts +€5,555
up €5,555 (+4.9%), from €112,966 to €118,521
- Gross operating margin +€32,117
up €32,117, from -€12,279 to €19,839
- Taxes +€6,823
up €6,823 (+1,896%), from €360 to €7,183
- Financial income +€2,171
up €2,171 (+19.9%), from €10,906 to €13,077
- Depreciation +€445
up €445 (+35.4%), from €1,258 to €1,703
- Other operating charges +€271
up €271 (+49.9%), from €543 to €815
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 | €236,349 | €276,590 | +€40,242 | +17.0% |
| Fixed assets | 21/28 | €3,269 | €10,851 | +€7,582 | +232% |
| Tangible fixed assets | 22/27 | €3,269 | €10,851 | +€7,582 | +232% |
| Land and buildings | 22 | €141 | €0 | -€141 | -100% |
| Furniture and vehicles | 24 | €1,499 | €9,523 | +€8,024 | +535% |
| Other tangible fixed assets | 26 | €1,628 | €1,328 | -€300 | -18.4% |
| Current assets | 29/58 | €233,080 | €265,739 | +€32,659 | +14.0% |
| Amounts receivable after more than one year | 29 | €180,000 | €180,000 | = | 0.0% |
| Other amounts receivable | 291 | €180,000 | €180,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,491 | €83,246 | +€32,755 | +64.9% |
| Trade receivables | 40 | €48,397 | €46,502 | -€1,895 | -3.9% |
| Other amounts receivable | 41 | €2,094 | €36,744 | +€34,650 | +1,655% |
| Cash at bank and in hand | 54/58 | €225 | €401 | +€176 | +78.3% |
| Deferred charges and accrued income | 490/1 | €2,364 | €2,092 | -€272 | -11.5% |
| Total equity and liabilities | 10/49 | €236,349 | €276,590 | +€40,242 | +17.0% |
| Equity | 10/15 | €25,298 | €47,637 | +€22,339 | +88.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101 | €101 | = | 0.0% |
| Non-distributable reserves | 130/1 | €101 | €101 | = | 0.0% |
| Reserves not available under the articles | 1311 | €101 | €101 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,597 | €28,936 | +€22,339 | +339% |
| Amounts payable | 17/49 | €211,051 | €228,954 | +€17,903 | +8.5% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €182,051 | €199,484 | +€17,433 | +9.6% |
| Trade debts | 44 | €61,841 | €80,963 | +€19,122 | +30.9% |
| Suppliers | 440/4 | €61,841 | €80,963 | +€19,122 | +30.9% |
| Taxes, remuneration and social security | 45 | €112,966 | €118,521 | +€5,555 | +4.9% |
| Taxes | 450/3 | €112,966 | €118,521 | +€5,555 | +4.9% |
| Other amounts payable | 47/48 | €7,243 | - | -€7,243 | |
| Accrued charges and deferred income | 492/3 | €9,000 | €9,469 | +€469 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,258 | €1,703 | +€445 | +35.4% |
| Other operating charges | 640/8 | €543 | €815 | +€271 | +49.9% |
| Gross operating margin | 9900 | -€12,279 | €19,839 | +€32,117 | |
| Operating profit (loss) | 9901 | -€14,080 | €17,321 | +€31,401 | |
| Financial income | 75/76B | €10,906 | €13,077 | +€2,171 | +19.9% |
| Recurring financial income | 75 | €10,906 | €13,077 | +€2,171 | +19.9% |
| Financial charges | 65/66B | €1,080 | €876 | -€204 | -18.8% |
| Recurring financial charges | 65 | €1,080 | €876 | -€204 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,254 | €29,521 | +€33,776 | |
| Income taxes | 67/77 | €360 | €7,183 | +€6,823 | +1,896% |
| Profit (loss) for the period | 9904 | -€4,614 | €22,339 | +€26,953 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,614 | €22,339 | +€26,953 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.