Sien Van den Acker: 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 den Acker
Largest movements
- Cash -€10,129
down €10,129 (-37.5%), from €26,980 to €16,851
mainly Contributions, distributions and other (-€42,000) and Deferred charges and accrued income (-€8,036)
- Deferred charges and accrued income +€8,036
up €8,036 (+469%), from €1,715 to €9,750
- Receivables within one year -€6,352
down €6,352 (-87.6%), from €7,251 to €899
of which Trade receivables: -€7,251
- Tangible fixed assets -€3,239
down €3,239 (-30.6%), from €10,575 to €7,336
of which Furniture and vehicles: -€4,333
- Reserves -€28,280
down €28,280 (-78.9%), from €35,855 to €7,575
- Other debts +€14,419
up €14,419 (+18,738%), from €77 to €14,496
- Tax, wage and social debts +€2,550
up €2,550 (+62.6%), from €4,072 to €6,622
- Gross operating margin +€671
up €671 (+3.0%), from €22,431 to €23,103
- Depreciation +€496
up €496 (+12.3%), from €4,039 to €4,534
- Other operating charges +€387
up €387 (+163%), from €237 to €624
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 | €46,521 | €34,836 | -€11,685 | -25.1% |
| Fixed assets | 21/28 | €10,575 | €7,336 | -€3,239 | -30.6% |
| Tangible fixed assets | 22/27 | €10,575 | €7,336 | -€3,239 | -30.6% |
| Plant, machinery and equipment | 23 | - | €1,094 | +€1,094 | |
| Furniture and vehicles | 24 | €10,575 | €6,241 | -€4,333 | -41.0% |
| Current assets | 29/58 | €35,946 | €27,501 | -€8,445 | -23.5% |
| Amounts receivable within one year | 40/41 | €7,251 | €899 | -€6,352 | -87.6% |
| Trade receivables | 40 | €7,251 | €0 | -€7,251 | -100% |
| Other amounts receivable | 41 | - | €899 | +€899 | |
| Cash at bank and in hand | 54/58 | €26,980 | €16,851 | -€10,129 | -37.5% |
| Deferred charges and accrued income | 490/1 | €1,715 | €9,750 | +€8,036 | +469% |
| Total equity and liabilities | 10/49 | €46,521 | €34,836 | -€11,685 | -25.1% |
| Equity | 10/15 | €40,855 | €12,575 | -€28,280 | -69.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €35,855 | €7,575 | -€28,280 | -78.9% |
| Distributable reserves | 133 | €35,855 | €7,575 | -€28,280 | -78.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €5,666 | €22,261 | +€16,595 | +293% |
| Amounts payable within one year | 42/48 | €5,666 | €22,261 | +€16,595 | +293% |
| Trade debts | 44 | €1,517 | €1,143 | -€374 | -24.6% |
| Suppliers | 440/4 | €1,517 | €1,143 | -€374 | -24.6% |
| Taxes, remuneration and social security | 45 | €4,072 | €6,622 | +€2,550 | +62.6% |
| Taxes | 450/3 | €4,072 | €6,622 | +€2,550 | +62.6% |
| Other amounts payable | 47/48 | €77 | €14,496 | +€14,419 | +18,738% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,039 | €4,534 | +€496 | +12.3% |
| Other operating charges | 640/8 | €237 | €624 | +€387 | +163% |
| Gross operating margin | 9900 | €22,431 | €23,103 | +€671 | +3.0% |
| Operating profit (loss) | 9901 | €18,156 | €17,944 | -€211 | -1.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €125 | €125 | +€0 | +0.2% |
| Recurring financial charges | 65 | €125 | €125 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €18,031 | €17,821 | -€210 | -1.2% |
| Income taxes | 67/77 | €4,072 | €4,101 | +€29 | +0.7% |
| Profit (loss) for the period | 9904 | €13,959 | €13,720 | -€239 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,959 | €13,720 | -€239 | -1.7% |
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 18 October 2026 via checked.be.