Maison VANDERBECK: what changed
Two fiscal 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.
Maison VANDERBECK
Largest movements
- Tangible fixed assets +€125,421
up €125,421 (+58.5%), from €214,465 to €339,886
of which Land and buildings: +€122,940
- Debts after one year +€85,977
up €85,977 (+74.5%), from €115,414 to €201,392
- Reserves +€23,812
up €23,812 (+33.9%), from €70,194 to €94,007
- Tax, wage and social debts +€8,691
up €8,691 (+184.8%), from €4,702 to €13,393
of which Taxes: +€8,894
- Trade debts +€6,072
up €6,072 (+126.9%), from €4,786 to €10,858
- Current portion of long-term debt +€5,196
up €5,196 (+61.7%), from €8,420 to €13,617
- Gross operating margin +€45,520
up €45,520 (+63.7%), from €71,468 to €116,988
- Depreciation +€16,903
up €16,903 (+259.4%), from €6,517 to €23,420
- Taxes +€5,135
up €5,135 (+140.9%), from €3,645 to €8,780
- Financial charges +€4,271
up €4,271 (+121.5%), from €3,515 to €7,785
- Staff costs +€2,901
up €2,901 (+5.8%), from €49,767 to €52,668
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.
Cash bridge derived
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 | €223,261 | €354,795 | +€131,534 | +58.9% |
| Fixed assets | 21/28 | €214,465 | €339,886 | +€125,421 | +58.5% |
| Tangible fixed assets | 22/27 | €214,465 | €339,886 | +€125,421 | +58.5% |
| Land and buildings | 22 | €214,465 | €337,405 | +€122,940 | +57.3% |
| Furniture and vehicles | 24 | - | €2,481 | +€2,481 | |
| Current assets | 29/58 | €8,796 | €14,909 | +€6,113 | +69.5% |
| Amounts receivable within one year | 40/41 | €2,722 | €3,762 | +€1,041 | +38.2% |
| Trade receivables | 40 | €1,024 | €1,092 | +€68 | +6.6% |
| Other amounts receivable | 41 | €1,698 | €2,671 | +€973 | +57.3% |
| Cash at bank and in hand | 54/58 | €3,835 | €6,997 | +€3,162 | +82.5% |
| Deferred charges and accrued income | 490/1 | €2,239 | €4,150 | +€1,911 | +85.3% |
| Total equity and liabilities | 10/49 | €223,261 | €354,795 | +€131,534 | +58.9% |
| Equity | 10/15 | €88,786 | €112,599 | +€23,812 | +26.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €70,194 | €94,007 | +€23,812 | +33.9% |
| Distributable reserves | 133 | €70,194 | €94,007 | +€23,812 | +33.9% |
| Amounts payable | 17/49 | €134,474 | €242,196 | +€107,722 | +80.1% |
| Amounts payable after more than one year | 17 | €115,414 | €201,392 | +€85,977 | +74.5% |
| Financial debts | 170/4 | €115,414 | €201,392 | +€85,977 | +74.5% |
| Amounts payable within one year | 42/48 | €19,060 | €39,082 | +€20,022 | +105.0% |
| Current portion of amounts payable after more than one year | 42 | €8,420 | €13,617 | +€5,196 | +61.7% |
| Trade debts | 44 | €4,786 | €10,858 | +€6,072 | +126.9% |
| Suppliers | 440/4 | €4,786 | €10,858 | +€6,072 | +126.9% |
| Taxes, remuneration and social security | 45 | €4,702 | €13,393 | +€8,691 | +184.8% |
| Taxes | 450/3 | €1,223 | €10,116 | +€8,894 | +727.5% |
| Remuneration and social security | 454/9 | €3,480 | €3,277 | -€203 | -5.8% |
| Other amounts payable | 47/48 | €1,151 | €1,214 | +€63 | +5.5% |
| Accrued charges and deferred income | 492/3 | - | €1,723 | +€1,723 | |
| Remuneration, social security and pensions | 62 | €49,767 | €52,668 | +€2,901 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,517 | €23,420 | +€16,903 | +259.4% |
| Other operating charges | 640/8 | €507 | €524 | +€17 | +3.3% |
| Gross operating margin | 9900 | €71,468 | €116,988 | +€45,520 | +63.7% |
| Operating profit (loss) | 9901 | €14,677 | €40,377 | +€25,699 | +175.1% |
| Financial income | 75/76B | €3 | €1 | -€3 | -78.3% |
| Recurring financial income | 75 | €3 | €1 | -€3 | -78.3% |
| Financial charges | 65/66B | €3,515 | €7,785 | +€4,271 | +121.5% |
| Recurring financial charges | 65 | €3,515 | €7,785 | +€4,271 | +121.5% |
| Profit (loss) for the period before taxes | 9903 | €11,166 | €32,592 | +€21,426 | +191.9% |
| Income taxes | 67/77 | €3,645 | €8,780 | +€5,135 | +140.9% |
| Profit (loss) for the period | 9904 | €7,521 | €23,812 | +€16,291 | +216.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,521 | €23,812 | +€16,291 | +216.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.