PATRICK VAN CAEKENBERGH: 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.
PATRICK VAN CAEKENBERGH
Largest movements
- Cash -€21,554
down €21,554 (-54.3%), from €39,727 to €18,173
mainly Contributions, distributions and other (-€20,000) and Other debts (-€11,543)
- Receivables within one year -€11,206
down €11,206 (-31.8%), from €35,252 to €24,046
of which Trade receivables: -€20,871
- Reserves -€20,000
down €20,000 (-28.1%), from €71,054 to €51,054
of which Distributable reserves: -€20,000
- Other debts -€11,543
down €11,543 (-36.6%), from €31,543 to €20,000
- Profit (loss) carried forward -€5,157
down €5,157 (-16.4%), from -€31,502 to -€36,659
- Trade debts +€4,499
up €4,499 (+15238.9%), from €30 to €4,528
- Tax, wage and social debts -€1,099
down €1,099 (-52.4%), from €2,098 to €999
- Gross operating margin -€39,280
down €39,280, from €33,956 to -€5,324
- Financial income +€1,117
up €1,117 (+494.6%), from €226 to €1,343
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 | €79,423 | €46,122 | -€33,301 | -41.9% |
| Fixed assets | 21/28 | €3,236 | €2,713 | -€523 | -16.2% |
| Tangible fixed assets | 22/27 | €2,876 | €2,353 | -€523 | -18.2% |
| Furniture and vehicles | 24 | €2,876 | €2,353 | -€523 | -18.2% |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €76,187 | €43,409 | -€32,778 | -43.0% |
| Amounts receivable within one year | 40/41 | €35,252 | €24,046 | -€11,206 | -31.8% |
| Trade receivables | 40 | €27,560 | €6,689 | -€20,871 | -75.7% |
| Other amounts receivable | 41 | €7,692 | €17,357 | +€9,664 | +125.6% |
| Cash at bank and in hand | 54/58 | €39,727 | €18,173 | -€21,554 | -54.3% |
| Deferred charges and accrued income | 490/1 | €1,208 | €1,191 | -€17 | -1.4% |
| Total equity and liabilities | 10/49 | €79,423 | €46,122 | -€33,301 | -41.9% |
| Equity | 10/15 | €45,752 | €20,596 | -€25,157 | -55.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,054 | €51,054 | -€20,000 | -28.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €69,194 | €49,194 | -€20,000 | -28.9% |
| Profit (loss) carried forward | 14 | -€31,502 | -€36,659 | -€5,157 | -16.4% |
| Amounts payable | 17/49 | €33,670 | €25,527 | -€8,144 | -24.2% |
| Amounts payable within one year | 42/48 | €33,670 | €25,527 | -€8,144 | -24.2% |
| Trade debts | 44 | €30 | €4,528 | +€4,499 | +15238.9% |
| Suppliers | 440/4 | €30 | €4,528 | +€4,499 | +15238.9% |
| Taxes, remuneration and social security | 45 | €2,098 | €999 | -€1,099 | -52.4% |
| Taxes | 450/3 | €2,098 | €999 | -€1,099 | -52.4% |
| Other amounts payable | 47/48 | €31,543 | €20,000 | -€11,543 | -36.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €523 | +€23 | +4.5% |
| Other operating charges | 640/8 | €334 | €345 | +€11 | +3.4% |
| Gross operating margin | 9900 | €33,956 | -€5,324 | -€39,280 | |
| Operating profit (loss) | 9901 | €33,122 | -€6,192 | -€39,314 | |
| Financial income | 75/76B | €226 | €1,343 | +€1,117 | +494.6% |
| Recurring financial income | 75 | €226 | €1,343 | +€1,117 | +494.6% |
| Financial charges | 65/66B | €173 | €191 | +€17 | +9.9% |
| Recurring financial charges | 65 | €173 | €191 | +€17 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €33,175 | -€5,040 | -€38,214 | |
| Income taxes | 67/77 | €111 | €117 | +€6 | +5.4% |
| Profit (loss) for the period | 9904 | €33,064 | -€5,157 | -€38,220 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,064 | -€5,157 | -€38,220 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.