SIEN VAN BREUSEGEM: 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.
SIEN VAN BREUSEGEM
Largest movements
- Cash +€55,330
up €55,330 (+26.4%), from €209,294 to €264,625
mainly Net result for the year (+€150,004) and Depreciation (+€29,775)
- Tangible fixed assets -€29,775
down €29,775 (-31.3%), from €95,167 to €65,393
of which Furniture and vehicles: -€16,665
- Receivables within one year -€22,674
down €22,674 (-28.1%), from €80,670 to €57,995
of which Other amounts receivable: -€23,297
- Reserves +€50,004
up €50,004 (+33.1%), from €150,892 to €200,896
of which Distributable reserves: +€51,864
- Other debts -€47,000
down €47,000 (-32.0%), from €147,000 to €100,000
- Debts after one year -€8,182
down €8,182 (-40.2%), from €20,368 to €12,187
- Tax, wage and social debts +€8,154
up €8,154 (+24.7%), from €33,039 to €41,193
of which Taxes: +€7,894
- Gross operating margin +€5,045
up €5,045 (+1.9%), from €264,827 to €269,872
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 | €386,944 | €389,976 | +€3,032 | +0.8% |
| Fixed assets | 21/28 | €95,167 | €65,393 | -€29,775 | -31.3% |
| Tangible fixed assets | 22/27 | €95,167 | €65,393 | -€29,775 | -31.3% |
| Land and buildings | 22 | €5,862 | €2,998 | -€2,864 | -48.9% |
| Plant, machinery and equipment | 23 | €34,234 | €23,988 | -€10,246 | -29.9% |
| Furniture and vehicles | 24 | €55,071 | €38,407 | -€16,665 | -30.3% |
| Current assets | 29/58 | €291,777 | €324,583 | +€32,806 | +11.2% |
| Amounts receivable within one year | 40/41 | €80,670 | €57,995 | -€22,674 | -28.1% |
| Trade receivables | 40 | - | €622 | +€622 | |
| Other amounts receivable | 41 | €80,670 | €57,373 | -€23,297 | -28.9% |
| Cash at bank and in hand | 54/58 | €209,294 | €264,625 | +€55,330 | +26.4% |
| Deferred charges and accrued income | 490/1 | €1,813 | €1,963 | +€150 | +8.3% |
| Total equity and liabilities | 10/49 | €386,944 | €389,976 | +€3,032 | +0.8% |
| Equity | 10/15 | €163,292 | €213,296 | +€50,004 | +30.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €150,892 | €200,896 | +€50,004 | +33.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €149,032 | €200,896 | +€51,864 | +34.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €223,652 | €176,680 | -€46,973 | -21.0% |
| Amounts payable after more than one year | 17 | €20,368 | €12,187 | -€8,182 | -40.2% |
| Financial debts | 170/4 | €20,368 | €12,187 | -€8,182 | -40.2% |
| Amounts payable within one year | 42/48 | €203,284 | €164,493 | -€38,791 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €7,850 | €8,182 | +€332 | +4.2% |
| Financial debts | 43 | €7,654 | €7,588 | -€65 | -0.9% |
| Credit institutions | 430/8 | €7,654 | €7,588 | -€65 | -0.9% |
| Trade debts | 44 | €7,742 | €7,531 | -€211 | -2.7% |
| Suppliers | 440/4 | €7,742 | €7,531 | -€211 | -2.7% |
| Taxes, remuneration and social security | 45 | €33,039 | €41,193 | +€8,154 | +24.7% |
| Taxes | 450/3 | €22,383 | €30,277 | +€7,894 | +35.3% |
| Remuneration and social security | 454/9 | €10,656 | €10,915 | +€260 | +2.4% |
| Other amounts payable | 47/48 | €147,000 | €100,000 | -€47,000 | -32.0% |
| Remuneration, social security and pensions | 62 | €45,706 | €47,837 | +€2,130 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,096 | €29,775 | -€321 | -1.1% |
| Other operating charges | 640/8 | €1,148 | €1,328 | +€180 | +15.7% |
| Gross operating margin | 9900 | €264,827 | €269,872 | +€5,045 | +1.9% |
| Operating profit (loss) | 9901 | €187,877 | €190,933 | +€3,056 | +1.6% |
| Financial income | 75/76B | €6,304 | €5,712 | -€592 | -9.4% |
| Recurring financial income | 75 | €6,304 | €5,712 | -€592 | -9.4% |
| Financial charges | 65/66B | €2,355 | €1,673 | -€682 | -28.9% |
| Recurring financial charges | 65 | €2,355 | €1,673 | -€682 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €191,826 | €194,972 | +€3,146 | +1.6% |
| Income taxes | 67/77 | €44,811 | €44,968 | +€157 | +0.4% |
| Profit (loss) for the period | 9904 | €147,016 | €150,004 | +€2,989 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €147,016 | €150,004 | +€2,989 | +2.0% |
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 20 October 2026 via checked.be.