INGE VANDAEL: what changed
What changed
INGE VANDAEL
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Net result for the year
€62,325
2024 · €40,700+€21,625
Equity
-€22,239
2024 · -€84,564+€62,325
Cash
€62,706
2024 · €2,622+€60,084
Balance sheet total
€751,411
2024 · €716,246+€35,165
Largest movements
Assets
- Intangible fixed assets -€66,512
down €66,512 (-13.3%), from €501,026 to €434,514
- Cash +€60,084
up €60,084 (+2,292%), from €2,622 to €62,706
mainly Depreciation (+€109,991) and Net result for the year (+€62,325)
- Tangible fixed assets +€32,255
up €32,255 (+22.3%), from €144,652 to €176,908
- Receivables within one year +€10,910
up €10,910 (+18.7%), from €58,191 to €69,101
of which Trade receivables: +€6,748
Equity and liabilities
- Profit (loss) carried forward +€62,325
up €62,325 (+65.9%), from -€94,564 to -€32,239
- Debts after one year -€29,878
down €29,878 (-4.5%), from €662,975 to €633,097
- Current portion of long-term debt +€11,846
up €11,846 (+16.8%), from €70,492 to €82,338
- Trade debts -€7,769
down €7,769 (-36.0%), from €21,586 to €13,818
Income statement
- Gross operating margin +€49,190
up €49,190 (+12.1%), from €406,271 to €455,461
- Staff costs +€26,462
up €26,462 (+11.1%), from €238,022 to €264,485
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.
Result 2024
€40,700
Gross operating margin
+€49,190
Staff costs
-€26,462
Depreciation
-€1,143
Other operating charges
-€159
Financial income
+€526
Financial charges
+€1,247
Taxes
-€1,574
Result 2025
€62,325
raises the resultlowers the result
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.
From operations
+€153,851
Investment
-€75,734
Financing
-€18,033
Cash 2024
€2,622
From operations (derived)
+€153,851
Net result for the year
+€62,325
Depreciation
+€109,991
Receivables within one year
-€10,910
Deferred charges and accrued income
+€1,572
Trade debts
-€7,769
Tax, wage and social debts
+€707
Accrued charges and deferred income
-€2,065
Investment (derived)
-€75,734
Investment in fixed assets (net)
-€75,734
Financing
-€18,033
Debts after one year
-€29,878
Current portion of long-term debt
+€11,846
Cash 2025
€62,706
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €716,246 | €751,411 | +€35,165 | +4.9% |
| Fixed assets | 21/28 | €645,678 | €611,422 | -€34,256 | -5.3% |
| Intangible fixed assets | 21 | €501,026 | €434,514 | -€66,512 | -13.3% |
| Tangible fixed assets | 22/27 | €144,652 | €176,908 | +€32,255 | +22.3% |
| Furniture and vehicles | 24 | €144,652 | €176,908 | +€32,255 | +22.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €70,568 | €139,989 | +€69,422 | +98.4% |
| Amounts receivable within one year | 40/41 | €58,191 | €69,101 | +€10,910 | +18.7% |
| Trade receivables | 40 | €46,587 | €53,336 | +€6,748 | +14.5% |
| Other amounts receivable | 41 | €11,604 | €15,765 | +€4,161 | +35.9% |
| Cash at bank and in hand | 54/58 | €2,622 | €62,706 | +€60,084 | +2,292% |
| Deferred charges and accrued income | 490/1 | €9,755 | €8,183 | -€1,572 | -16.1% |
| Total equity and liabilities | 10/49 | €716,246 | €751,411 | +€35,165 | +4.9% |
| Equity | 10/15 | -€84,564 | -€22,239 | +€62,325 | +73.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,564 | -€32,239 | +€62,325 | +65.9% |
| Amounts payable | 17/49 | €800,810 | €773,651 | -€27,160 | -3.4% |
| Amounts payable after more than one year | 17 | €662,975 | €633,097 | -€29,878 | -4.5% |
| Financial debts | 170/4 | €662,975 | €633,097 | -€29,878 | -4.5% |
| Amounts payable within one year | 42/48 | €124,062 | €128,845 | +€4,784 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €70,492 | €82,338 | +€11,846 | +16.8% |
| Trade debts | 44 | €21,586 | €13,818 | -€7,769 | -36.0% |
| Suppliers | 440/4 | €21,586 | €13,818 | -€7,769 | -36.0% |
| Taxes, remuneration and social security | 45 | €31,983 | €32,689 | +€707 | +2.2% |
| Taxes | 450/3 | €466 | €12,578 | +€12,113 | +2,602% |
| Remuneration and social security | 454/9 | €31,517 | €20,111 | -€11,406 | -36.2% |
| Accrued charges and deferred income | 492/3 | €13,774 | €11,709 | -€2,065 | -15.0% |
| Remuneration, social security and pensions | 62 | €238,022 | €264,485 | +€26,462 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,848 | €109,991 | +€1,143 | +1.0% |
| Other operating charges | 640/8 | €1,413 | €1,572 | +€159 | +11.3% |
| Gross operating margin | 9900 | €406,271 | €455,461 | +€49,190 | +12.1% |
| Operating profit (loss) | 9901 | €57,987 | €79,413 | +€21,426 | +36.9% |
| Financial income | 75/76B | €90 | €616 | +€526 | +584% |
| Recurring financial income | 75 | €90 | €616 | +€526 | +584% |
| Financial charges | 65/66B | €16,912 | €15,664 | -€1,247 | -7.4% |
| Recurring financial charges | 65 | €16,912 | €15,664 | -€1,247 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €41,166 | €64,365 | +€23,199 | +56.4% |
| Income taxes | 67/77 | €466 | €2,040 | +€1,574 | +338% |
| Profit (loss) for the period | 9904 | €40,700 | €62,325 | +€21,625 | +53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,700 | €62,325 | +€21,625 | +53.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.