PIETER VAN BRABAND: 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.
PIETER VAN BRABAND
Largest movements
- Cash +€56,208
up €56,208 (+133%), from €42,409 to €98,616
mainly Net result for the year (+€54,740) and Depreciation (+€15,705)
- Tangible fixed assets -€15,705
down €15,705 (-38.4%), from €40,857 to €25,152
of which Furniture and vehicles: -€14,795
- Receivables within one year +€9,995
up €9,995 (+187,166%), from €5 to €10,000
of which Trade receivables: +€10,000
- Profit (loss) carried forward +€54,740
up €54,740 (+248%), from €22,060 to €76,801
- Debts after one year -€11,400
down €11,400 (-27.9%), from €40,850 to €29,450
- Tax, wage and social debts +€10,375
up €10,375 (+106%), from €9,807 to €20,182
- Other debts -€2,787
down €2,787 (-60.3%), from €4,619 to €1,832
- Gross operating margin +€48,263
up €48,263 (+131%), from €36,975 to €85,238
- Taxes +€9,916
up €9,916 (+239%), from €4,141 to €14,057
- Depreciation -€1,041
down €1,041 (-6.2%), from €16,745 to €15,705
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 | €84,228 | €134,857 | +€50,629 | +60.1% |
| Fixed assets | 21/28 | €40,857 | €25,152 | -€15,705 | -38.4% |
| Tangible fixed assets | 22/27 | €40,857 | €25,152 | -€15,705 | -38.4% |
| Plant, machinery and equipment | 23 | €1,640 | €1,252 | -€388 | -23.7% |
| Furniture and vehicles | 24 | €34,371 | €19,576 | -€14,795 | -43.0% |
| Other tangible fixed assets | 26 | €4,846 | €4,324 | -€522 | -10.8% |
| Current assets | 29/58 | €43,371 | €109,705 | +€66,334 | +153% |
| Amounts receivable within one year | 40/41 | €5 | €10,000 | +€9,995 | +187,166% |
| Trade receivables | 40 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | €5 | €0 | -€5 | -100% |
| Cash at bank and in hand | 54/58 | €42,409 | €98,616 | +€56,208 | +133% |
| Deferred charges and accrued income | 490/1 | €957 | €1,089 | +€131 | +13.7% |
| Total equity and liabilities | 10/49 | €84,228 | €134,857 | +€50,629 | +60.1% |
| Equity | 10/15 | €27,060 | €81,801 | +€54,740 | +202% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,060 | €76,801 | +€54,740 | +248% |
| Amounts payable | 17/49 | €57,168 | €53,056 | -€4,111 | -7.2% |
| Amounts payable after more than one year | 17 | €40,850 | €29,450 | -€11,400 | -27.9% |
| Financial debts | 170/4 | €40,850 | €29,450 | -€11,400 | -27.9% |
| Amounts payable within one year | 42/48 | €16,318 | €23,606 | +€7,289 | +44.7% |
| Trade debts | 44 | €1,892 | €1,593 | -€299 | -15.8% |
| Suppliers | 440/4 | €1,892 | €1,593 | -€299 | -15.8% |
| Taxes, remuneration and social security | 45 | €9,807 | €20,182 | +€10,375 | +106% |
| Taxes | 450/3 | €9,807 | €20,182 | +€10,375 | +106% |
| Other amounts payable | 47/48 | €4,619 | €1,832 | -€2,787 | -60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,745 | €15,705 | -€1,041 | -6.2% |
| Other operating charges | 640/8 | €964 | €736 | -€228 | -23.7% |
| Gross operating margin | 9900 | €36,975 | €85,238 | +€48,263 | +131% |
| Operating profit (loss) | 9901 | €19,265 | €68,798 | +€49,532 | +257% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €0 | €0 | -€0 | -100% |
| Recurring financial charges | 65 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period before taxes | 9903 | €19,268 | €68,798 | +€49,529 | +257% |
| Income taxes | 67/77 | €4,141 | €14,057 | +€9,916 | +239% |
| Profit (loss) for the period | 9904 | €15,127 | €54,740 | +€39,614 | +262% |
| Profit (loss) for the period to be appropriated | 9905 | €15,127 | €54,740 | +€39,614 | +262% |
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.