GILLES VANDERBECK: what changed
GILLES VANDERBECK
Largest movements
- Cash +€32,154
up €32,154 (+37.6%), from €85,514 to €117,668
mainly Net result for the year (+€29,460) and Other debts (+€15,228)
- Receivables within one year +€3,673
up €3,673 (+61.3%), from €5,995 to €9,667
- Tangible fixed assets -€2,663
down €2,663 (-26.9%), from €9,918 to €7,254
of which Furniture and vehicles: -€2,197
- Other debts +€15,228
up €15,228 (+204%), from €7,455 to €22,683
- Reserves +€8,060
up €8,060 (+11.3%), from €71,545 to €79,605
of which Distributable reserves: +€8,060
- Tax, wage and social debts +€6,013
up €6,013 (+65.3%), from €9,213 to €15,226
- Accrued charges and deferred income +€5,000
new in 2025: €5,000
- Gross operating margin +€14,991
up €14,991 (+43.4%), from €34,513 to €49,503
- Taxes +€7,691
up €7,691 (+91.1%), from €8,443 to €16,134
- Depreciation -€755
down €755 (-22.1%), from €3,418 to €2,663
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 | €102,867 | €136,210 | +€33,344 | +32.4% |
| Fixed assets | 21/28 | €9,918 | €7,254 | -€2,663 | -26.9% |
| Tangible fixed assets | 22/27 | €9,918 | €7,254 | -€2,663 | -26.9% |
| Furniture and vehicles | 24 | €5,195 | €2,999 | -€2,197 | -42.3% |
| Other tangible fixed assets | 26 | €4,722 | €4,256 | -€467 | -9.9% |
| Current assets | 29/58 | €92,949 | €128,956 | +€36,007 | +38.7% |
| Amounts receivable within one year | 40/41 | €5,995 | €9,667 | +€3,673 | +61.3% |
| Trade receivables | 40 | €5,995 | €9,667 | +€3,673 | +61.3% |
| Cash at bank and in hand | 54/58 | €85,514 | €117,668 | +€32,154 | +37.6% |
| Deferred charges and accrued income | 490/1 | €1,440 | €1,621 | +€180 | +12.5% |
| Total equity and liabilities | 10/49 | €102,867 | €136,210 | +€33,344 | +32.4% |
| Equity | 10/15 | €84,166 | €92,226 | +€8,060 | +9.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €71,545 | €79,605 | +€8,060 | +11.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Distributable reserves | 133 | €71,545 | €79,605 | +€8,060 | +11.3% |
| Profit (loss) carried forward | 14 | €221 | €221 | +€0 | 0.0% |
| Amounts payable | 17/49 | €18,701 | €43,984 | +€25,284 | +135% |
| Amounts payable within one year | 42/48 | €18,701 | €38,984 | +€20,284 | +108% |
| Trade debts | 44 | €2,033 | €1,076 | -€957 | -47.1% |
| Suppliers | 440/4 | €2,033 | €1,076 | -€957 | -47.1% |
| Taxes, remuneration and social security | 45 | €9,213 | €15,226 | +€6,013 | +65.3% |
| Taxes | 450/3 | €9,213 | €15,226 | +€6,013 | +65.3% |
| Other amounts payable | 47/48 | €7,455 | €22,683 | +€15,228 | +204% |
| Accrued charges and deferred income | 492/3 | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,418 | €2,663 | -€755 | -22.1% |
| Other operating charges | 640/8 | €998 | €1,145 | +€147 | +14.7% |
| Gross operating margin | 9900 | €34,513 | €49,503 | +€14,991 | +43.4% |
| Operating profit (loss) | 9901 | €30,096 | €45,695 | +€15,599 | +51.8% |
| Financial income | 75/76B | €25 | €13 | -€12 | -48.3% |
| Recurring financial income | 75 | €25 | €13 | -€12 | -48.3% |
| Financial charges | 65/66B | €48 | €114 | +€66 | +136% |
| Recurring financial charges | 65 | €48 | €114 | +€66 | +136% |
| Profit (loss) for the period before taxes | 9903 | €30,073 | €45,594 | +€15,521 | +51.6% |
| Income taxes | 67/77 | €8,443 | €16,134 | +€7,691 | +91.1% |
| Profit (loss) for the period | 9904 | €21,630 | €29,460 | +€7,830 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,630 | €29,460 | +€7,830 | +36.2% |
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.