Koen Van den Broeck: what changed
What changed
Koen Van den Broeck
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€193,747
2024 · €156,411+€37,336
Equity
€1.6m
2024 · €1.4m+€193,747
Cash
€112,288
2024 · €179,371-€67,084
Balance sheet total
€1.7m
2024 · €1.6m+€114,221
Largest movements
Assets
- Current investments +€496,113
up €496,113 (+47.9%), from €1.0m to €1.5m
- Receivables after one year -€300,000
down €300,000 (-100%), from €300,000 to €0
- Cash -€67,084
down €67,084 (-37.4%), from €179,371 to €112,288
mainly Current investments (-€496,113) and Other debts (-€94,184)
Equity and liabilities
- Reserves +€193,747
up €193,747 (+13.7%), from €1.4m to €1.6m
- Other debts -€94,184
down €94,184 (-100%), from €94,184 to €0
- Tax, wage and social debts +€17,726
up €17,726 (+88.6%), from €20,004 to €37,730
of which Taxes: +€17,426
Income statement
- Financial income +€63,633
up €63,633 (+485%), from €13,113 to €76,746
- Gross operating margin -€11,882
down €11,882 (-5.7%), from €207,935 to €196,053
- Taxes +€10,358
up €10,358 (+18.2%), from €57,014 to €67,372
- Financial charges +€6,329
up €6,329, from -€3,282 to €3,047
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
€156,411
Gross operating margin
-€11,882
Depreciation
+€1,499
Other operating charges
+€774
Financial income
+€63,633
Financial charges
-€6,329
Taxes
-€10,358
Result 2025
€193,747
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
+€429,030
Investment
-€496,113
Financing
€0
Cash 2024
€179,371
From operations (derived)
+€429,030
Net result for the year
+€193,747
Depreciation
+€4,107
Receivables after one year
+€300,000
Receivables within one year
+€9,101
Deferred charges and accrued income
+€1,601
Trade debts
-€3,529
Tax, wage and social debts
+€17,726
Other debts
-€94,184
Accrued charges and deferred income
+€461
Investment (derived)
-€496,113
Current investments
-€496,113
Cash 2025
€112,288
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,551,019 | €1,665,240 | +€114,221 | +7.4% |
| Fixed assets | 21/28 | €19,625 | €15,518 | -€4,107 | -20.9% |
| Tangible fixed assets | 22/27 | €19,625 | €15,518 | -€4,107 | -20.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,231 | €34 | -€2,197 | -98.5% |
| Other tangible fixed assets | 26 | €17,394 | €15,484 | -€1,910 | -11.0% |
| Current assets | 29/58 | €1,531,394 | €1,649,722 | +€118,328 | +7.7% |
| Amounts receivable after more than one year | 29 | €300,000 | €0 | -€300,000 | -100% |
| Other amounts receivable | 291 | €300,000 | €0 | -€300,000 | -100% |
| Amounts receivable within one year | 40/41 | €13,340 | €4,239 | -€9,101 | -68.2% |
| Trade receivables | 40 | - | €484 | +€484 | |
| Other amounts receivable | 41 | €13,340 | €3,755 | -€9,585 | -71.9% |
| Current investments | 50/53 | €1,035,354 | €1,531,467 | +€496,113 | +47.9% |
| Cash at bank and in hand | 54/58 | €179,371 | €112,288 | -€67,084 | -37.4% |
| Deferred charges and accrued income | 490/1 | €3,329 | €1,729 | -€1,601 | -48.1% |
| Total equity and liabilities | 10/49 | €1,551,019 | €1,665,240 | +€114,221 | +7.4% |
| Equity | 10/15 | €1,432,395 | €1,626,142 | +€193,747 | +13.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,412,395 | €1,606,142 | +€193,747 | +13.7% |
| Distributable reserves | 133 | €1,412,395 | €1,606,142 | +€193,747 | +13.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €118,624 | €39,098 | -€79,526 | -67.0% |
| Amounts payable within one year | 42/48 | €117,780 | €37,794 | -€79,986 | -67.9% |
| Trade debts | 44 | €3,592 | €63 | -€3,529 | -98.2% |
| Suppliers | 440/4 | €3,592 | €63 | -€3,529 | -98.2% |
| Taxes, remuneration and social security | 45 | €20,004 | €37,730 | +€17,726 | +88.6% |
| Taxes | 450/3 | €20,004 | €37,430 | +€17,426 | +87.1% |
| Remuneration and social security | 454/9 | - | €300 | +€300 | |
| Other amounts payable | 47/48 | €94,184 | €0 | -€94,184 | -100% |
| Accrued charges and deferred income | 492/3 | €844 | €1,305 | +€461 | +54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,607 | €4,107 | -€1,499 | -26.7% |
| Other operating charges | 640/8 | €5,299 | €4,525 | -€774 | -14.6% |
| Gross operating margin | 9900 | €207,935 | €196,053 | -€11,882 | -5.7% |
| Operating profit (loss) | 9901 | €197,030 | €187,420 | -€9,610 | -4.9% |
| Financial income | 75/76B | €13,113 | €76,746 | +€63,633 | +485% |
| Recurring financial income | 75 | €13,113 | €76,746 | +€63,633 | +485% |
| Financial charges | 65/66B | -€3,282 | €3,047 | +€6,329 | |
| Recurring financial charges | 65 | -€3,282 | €3,047 | +€6,329 | |
| Profit (loss) for the period before taxes | 9903 | €213,425 | €261,119 | +€47,694 | +22.3% |
| Income taxes | 67/77 | €57,014 | €67,372 | +€10,358 | +18.2% |
| Profit (loss) for the period | 9904 | €156,411 | €193,747 | +€37,336 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €156,411 | €193,747 | +€37,336 | +23.9% |
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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 4 November 2026 via checked.be.