VAN BREDA - HAEPERS: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
VAN BREDA - HAEPERS
Largest movements
- Receivables within one year +€8,352
up €8,352 (+119%), from €7,043 to €15,395
of which Other amounts receivable: +€14,710
- Cash -€7,178
down €7,178 (-2.1%), from €340,103 to €332,924
mainly Contributions, distributions and other (-€51,303) and Debts after one year (-€46,000)
- Deferred charges and accrued income +€6,120
up €6,120 (+45.7%), from €13,382 to €19,502
- Other debts +€99,874
up €99,874 (+93.9%), from €106,369 to €206,243
- Reserves -€47,879
down €47,879 (-17.6%), from €271,582 to €223,704
of which Distributable reserves: -€47,879
- Debts after one year -€46,000
no longer reported in 2025 (was €46,000)
- Tax, wage and social debts +€6,261
up €6,261 (+58.0%), from €10,798 to €17,059
- Current portion of long-term debt -€5,201
no longer reported in 2025 (was €5,201)
- Gross operating margin -€66,293
down €66,293 (-61.7%), from €107,389 to €41,095
- Taxes -€20,595
down €20,595 (-78.7%), from €26,173 to €5,578
- Financial charges +€2,507
up €2,507 (+19.3%), from €12,976 to €15,483
- Depreciation +€1,513
up €1,513 (+9.5%), from €15,938 to €17,451
- Other operating charges -€1,343
down €1,343 (-91.8%), from €1,463 to €120
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €466,344 | €473,473 | +€7,129 | +1.5% |
| Fixed assets | 21/28 | €50,817 | €50,651 | -€165 | -0.3% |
| Tangible fixed assets | 22/27 | €50,817 | €50,651 | -€165 | -0.3% |
| Land and buildings | 22 | €6,902 | €10,348 | +€3,446 | +49.9% |
| Plant, machinery and equipment | 23 | €3,179 | €4,225 | +€1,047 | +32.9% |
| Furniture and vehicles | 24 | €37,086 | €32,428 | -€4,658 | -12.6% |
| Other tangible fixed assets | 26 | €3,650 | €3,650 | = | 0.0% |
| Current assets | 29/58 | €415,527 | €422,821 | +€7,294 | +1.8% |
| Amounts receivable within one year | 40/41 | €7,043 | €15,395 | +€8,352 | +119% |
| Trade receivables | 40 | €7,030 | €672 | -€6,358 | -90.4% |
| Other amounts receivable | 41 | €13 | €14,723 | +€14,710 | +112,036% |
| Current investments | 50/53 | €55,000 | €55,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €340,103 | €332,924 | -€7,178 | -2.1% |
| Deferred charges and accrued income | 490/1 | €13,382 | €19,502 | +€6,120 | +45.7% |
| Total equity and liabilities | 10/49 | €466,344 | €473,473 | +€7,129 | +1.5% |
| Equity | 10/15 | €278,282 | €230,404 | -€47,879 | -17.2% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Reserves | 13 | €271,582 | €223,704 | -€47,879 | -17.6% |
| Tax-exempt reserves | 132 | €29,785 | €29,785 | = | 0.0% |
| Distributable reserves | 133 | €241,798 | €193,919 | -€47,879 | -19.8% |
| Amounts payable | 17/49 | €188,061 | €243,069 | +€55,008 | +29.2% |
| Amounts payable after more than one year | 17 | €46,000 | - | -€46,000 | |
| Financial debts | 170/4 | €46,000 | - | -€46,000 | |
| Amounts payable within one year | 42/48 | €134,400 | €233,431 | +€99,031 | +73.7% |
| Current portion of amounts payable after more than one year | 42 | €5,201 | - | -€5,201 | |
| Financial debts | 43 | €6,789 | €6,743 | -€46 | -0.7% |
| Other loans | 439 | €6,789 | €6,743 | -€46 | -0.7% |
| Trade debts | 44 | €5,242 | €3,386 | -€1,856 | -35.4% |
| Suppliers | 440/4 | €5,242 | €3,386 | -€1,856 | -35.4% |
| Taxes, remuneration and social security | 45 | €10,798 | €17,059 | +€6,261 | +58.0% |
| Taxes | 450/3 | €10,798 | €17,059 | +€6,261 | +58.0% |
| Other amounts payable | 47/48 | €106,369 | €206,243 | +€99,874 | +93.9% |
| Accrued charges and deferred income | 492/3 | €7,662 | €9,638 | +€1,977 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,938 | €17,451 | +€1,513 | +9.5% |
| Other operating charges | 640/8 | €1,463 | €120 | -€1,343 | -91.8% |
| Gross operating margin | 9900 | €107,389 | €41,095 | -€66,293 | -61.7% |
| Operating profit (loss) | 9901 | €89,988 | €23,525 | -€66,463 | -73.9% |
| Financial income | 75/76B | €550 | €961 | +€411 | +74.8% |
| Recurring financial income | 75 | €550 | €961 | +€411 | +74.8% |
| Financial charges | 65/66B | €12,976 | €15,483 | +€2,507 | +19.3% |
| Recurring financial charges | 65 | €12,976 | €15,483 | +€2,507 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €77,561 | €9,002 | -€68,559 | -88.4% |
| Income taxes | 67/77 | €26,173 | €5,578 | -€20,595 | -78.7% |
| Profit (loss) for the period | 9904 | €51,389 | €3,424 | -€47,964 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,389 | €3,424 | -€47,964 | -93.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.