TOM VANQUICKENBORNE: 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.
TOM VANQUICKENBORNE
Largest movements
- Receivables within one year +€7,064
up €7,064 (+7.5%), from €94,636 to €101,701
of which Trade receivables: +€6,876
- Tangible fixed assets -€6,021
down €6,021 (-95.4%), from €6,314 to €294
- Other debts +€15,719
up €15,719 (+4,912%), from €320 to €16,039
- Tax, wage and social debts -€14,513
down €14,513 (-60.7%), from €23,927 to €9,414
- Trade debts -€3,061
down €3,061 (-21.9%), from €13,977 to €10,915
- Reserves +€2,573
up €2,573 (+4.1%), from €63,065 to €65,638
- Other operating charges +€7,667
up €7,667 (+592%), from €1,295 to €8,962
- Gross operating margin -€6,358
down €6,358 (-27.2%), from €23,388 to €17,030
- Taxes -€5,058
down €5,058 (-68.6%), from €7,373 to €2,315
- Depreciation -€1,491
down €1,491 (-81.9%), from €1,821 to €330
- Financial charges +€714
up €714 (+27.6%), from €2,589 to €3,303
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 | €107,489 | €108,207 | +€717 | +0.7% |
| Fixed assets | 21/28 | €6,314 | €294 | -€6,021 | -95.4% |
| Tangible fixed assets | 22/27 | €6,314 | €294 | -€6,021 | -95.4% |
| Furniture and vehicles | 24 | €6,314 | €294 | -€6,021 | -95.4% |
| Current assets | 29/58 | €101,175 | €107,913 | +€6,738 | +6.7% |
| Amounts receivable within one year | 40/41 | €94,636 | €101,701 | +€7,064 | +7.5% |
| Trade receivables | 40 | €174 | €7,050 | +€6,876 | +3,963% |
| Other amounts receivable | 41 | €94,463 | €94,651 | +€188 | +0.2% |
| Cash at bank and in hand | 54/58 | €1,032 | €298 | -€734 | -71.1% |
| Deferred charges and accrued income | 490/1 | €5,507 | €5,914 | +€407 | +7.4% |
| Total equity and liabilities | 10/49 | €107,489 | €108,207 | +€717 | +0.7% |
| Equity | 10/15 | €69,265 | €71,838 | +€2,573 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63,065 | €65,638 | +€2,573 | +4.1% |
| Distributable reserves | 133 | €63,065 | €65,638 | +€2,573 | +4.1% |
| Amounts payable | 17/49 | €38,224 | €36,369 | -€1,856 | -4.9% |
| Amounts payable within one year | 42/48 | €38,224 | €36,369 | -€1,856 | -4.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €13,977 | €10,915 | -€3,061 | -21.9% |
| Suppliers | 440/4 | €13,977 | €10,915 | -€3,061 | -21.9% |
| Taxes, remuneration and social security | 45 | €23,927 | €9,414 | -€14,513 | -60.7% |
| Taxes | 450/3 | €23,927 | €9,414 | -€14,513 | -60.7% |
| Other amounts payable | 47/48 | €320 | €16,039 | +€15,719 | +4,912% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,821 | €330 | -€1,491 | -81.9% |
| Other operating charges | 640/8 | €1,295 | €8,962 | +€7,667 | +592% |
| Non-recurring operating charges | 66A | - | €5,278 | +€5,278 | |
| Gross operating margin | 9900 | €23,388 | €17,030 | -€6,358 | -27.2% |
| Operating profit (loss) | 9901 | €20,272 | €2,461 | -€17,811 | -87.9% |
| Financial income | 75/76B | €5,671 | €5,729 | +€58 | +1.0% |
| Recurring financial income | 75 | €5,671 | €5,729 | +€58 | +1.0% |
| Financial charges | 65/66B | €2,589 | €3,303 | +€714 | +27.6% |
| Recurring financial charges | 65 | €2,589 | €3,303 | +€714 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €23,354 | €4,888 | -€18,467 | -79.1% |
| Income taxes | 67/77 | €7,373 | €2,315 | -€5,058 | -68.6% |
| Profit (loss) for the period | 9904 | €15,981 | €2,573 | -€13,408 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,981 | €2,573 | -€13,408 | -83.9% |
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 24 October 2026 via checked.be.