INGE VAN DEN BRANDE: 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.
INGE VAN DEN BRANDE
Largest movements
- Current investments +€280,000
up €280,000, from €0 to €280,000
- Receivables within one year -€42,599
down €42,599 (-90.6%), from €47,005 to €4,406
of which Trade receivables: -€43,647
- Cash -€20,792
down €20,792 (-24.2%), from €85,914 to €65,122
mainly Current investments (-€280,000) and Contributions, distributions and other (-€104,000)
- Tangible fixed assets -€8,213
down €8,213 (-52.4%), from €15,661 to €7,447
of which Furniture and vehicles: -€7,908
- Accrued charges and deferred income +€188,096
new in 2025: €188,096
- Tax, wage and social debts +€11,706
up €11,706 (+28.4%), from €41,278 to €52,984
of which Taxes: +€9,450
- Other debts +€6,629
up €6,629 (+6.4%), from €103,041 to €109,670
- Financial income -€6,113
down €6,113 (-95.0%), from €6,434 to €321
- Gross operating margin +€4,825
up €4,825 (+3.5%), from €137,155 to €141,980
- Depreciation -€3,184
down €3,184 (-27.9%), from €11,398 to €8,213
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 | €148,580 | €356,975 | +€208,395 | +140% |
| Fixed assets | 21/28 | €15,661 | €7,447 | -€8,213 | -52.4% |
| Tangible fixed assets | 22/27 | €15,661 | €7,447 | -€8,213 | -52.4% |
| Furniture and vehicles | 24 | €13,354 | €5,446 | -€7,908 | -59.2% |
| Other tangible fixed assets | 26 | €2,307 | €2,001 | -€306 | -13.2% |
| Current assets | 29/58 | €132,919 | €349,528 | +€216,609 | +163% |
| Amounts receivable within one year | 40/41 | €47,005 | €4,406 | -€42,599 | -90.6% |
| Trade receivables | 40 | €44,946 | €1,299 | -€43,647 | -97.1% |
| Other amounts receivable | 41 | €2,059 | €3,107 | +€1,048 | +50.9% |
| Current investments | 50/53 | €0 | €280,000 | +€280,000 | |
| Cash at bank and in hand | 54/58 | €85,914 | €65,122 | -€20,792 | -24.2% |
| Total equity and liabilities | 10/49 | €148,580 | €356,975 | +€208,395 | +140% |
| Equity | 10/15 | €2,587 | €1,901 | -€686 | -26.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,587 | €901 | -€686 | -43.2% |
| Amounts payable | 17/49 | €145,993 | €355,074 | +€209,081 | +143% |
| Amounts payable within one year | 42/48 | €145,993 | €166,977 | +€20,985 | +14.4% |
| Trade debts | 44 | €1,673 | €4,323 | +€2,649 | +158% |
| Suppliers | 440/4 | €1,673 | €4,323 | +€2,649 | +158% |
| Taxes, remuneration and social security | 45 | €41,278 | €52,984 | +€11,706 | +28.4% |
| Taxes | 450/3 | €41,278 | €50,728 | +€9,450 | +22.9% |
| Remuneration and social security | 454/9 | - | €2,256 | +€2,256 | |
| Other amounts payable | 47/48 | €103,041 | €109,670 | +€6,629 | +6.4% |
| Accrued charges and deferred income | 492/3 | - | €188,096 | +€188,096 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,398 | €8,213 | -€3,184 | -27.9% |
| Other operating charges | 640/8 | €660 | €678 | +€17 | +2.6% |
| Gross operating margin | 9900 | €137,155 | €141,980 | +€4,825 | +3.5% |
| Operating profit (loss) | 9901 | €125,097 | €133,089 | +€7,992 | +6.4% |
| Financial income | 75/76B | €6,434 | €321 | -€6,113 | -95.0% |
| Recurring financial income | 75 | €6,434 | €321 | -€6,113 | -95.0% |
| Financial charges | 65/66B | €121 | €121 | +€0 | +0.2% |
| Recurring financial charges | 65 | €121 | €121 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €131,409 | €133,288 | +€1,879 | +1.4% |
| Income taxes | 67/77 | €29,871 | €29,974 | +€103 | +0.3% |
| Profit (loss) for the period | 9904 | €101,538 | €103,314 | +€1,776 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €101,538 | €103,314 | +€1,776 | +1.7% |
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 28 October 2026 via checked.be.