VAN BROECK - CANT: 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.
VAN BROECK - CANT
Largest movements
- Tangible fixed assets -€217,688
down €217,688 (-12.3%), from €1.8m to €1.6m
of which Land and buildings: -€202,270
- Receivables within one year -€126,430
down €126,430 (-88.6%), from €142,671 to €16,241
of which Trade receivables: -€126,931
- Other debts -€183,523
down €183,523 (-60.9%), from €301,171 to €117,648
- Debts after one year -€169,316
down €169,316 (-14.5%), from €1.2m to €998,291
of which Financial debts: -€169,316
- Profit (loss) carried forward +€131,372
up €131,372 (+597.1%), from €22,002 to €153,374
- Accrued charges and deferred income -€96,763
no longer reported in 2024 (was €96,763)
- Tax, wage and social debts +€52,900
up €52,900 (+569.8%), from €9,284 to €62,184
- Gross operating margin +€132,357
up €132,357 (+139.5%), from €94,874 to €227,230
- Taxes +€37,864
new in 2024: €37,864
- Financial charges +€29,259
new in 2024: €29,259
- Depreciation -€14,718
down €14,718 (-19.3%), from €76,313 to €61,594
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,944,194 | €1,595,706 | -€348,488 | -17.9% |
| Fixed assets | 21/28 | €1,775,968 | €1,558,280 | -€217,688 | -12.3% |
| Tangible fixed assets | 22/27 | €1,775,918 | €1,558,230 | -€217,688 | -12.3% |
| Land and buildings | 22 | €1,758,012 | €1,555,742 | -€202,270 | -11.5% |
| Plant, machinery and equipment | 23 | €2,961 | €2,488 | -€473 | -16.0% |
| Furniture and vehicles | 24 | €14,945 | - | -€14,945 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €168,226 | €37,426 | -€130,800 | -77.8% |
| Amounts receivable within one year | 40/41 | €142,671 | €16,241 | -€126,430 | -88.6% |
| Trade receivables | 40 | €142,671 | €15,739 | -€126,931 | -89.0% |
| Other amounts receivable | 41 | - | €501 | +€501 | |
| Cash at bank and in hand | 54/58 | €25,134 | €17,236 | -€7,898 | -31.4% |
| Deferred charges and accrued income | 490/1 | €422 | €3,950 | +€3,528 | +836.1% |
| Total equity and liabilities | 10/49 | €1,944,194 | €1,595,706 | -€348,488 | -17.9% |
| Equity | 10/15 | €145,202 | €276,574 | +€131,372 | +90.5% |
| Contributions | 10/11 | €112,000 | €112,000 | = | 0.0% |
| Capital | 10 | €112,000 | €112,000 | = | 0.0% |
| Issued capital | 100 | €112,000 | €112,000 | = | 0.0% |
| Reserves | 13 | €11,200 | €11,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,200 | €11,200 | = | 0.0% |
| Legal reserve | 130 | €11,200 | €11,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,002 | €153,374 | +€131,372 | +597.1% |
| Amounts payable | 17/49 | €1,798,993 | €1,319,132 | -€479,860 | -26.7% |
| Amounts payable after more than one year | 17 | €1,167,607 | €998,291 | -€169,316 | -14.5% |
| Financial debts | 170/4 | €1,060,027 | €890,711 | -€169,316 | -16.0% |
| Other amounts payable | 178/9 | €107,580 | €107,580 | = | 0.0% |
| Amounts payable within one year | 42/48 | €534,623 | €320,841 | -€213,782 | -40.0% |
| Current portion of amounts payable after more than one year | 42 | €79,419 | €78,811 | -€608 | -0.8% |
| Financial debts | 43 | €75,000 | €25,000 | -€50,000 | -66.7% |
| Credit institutions | 430/8 | €75,000 | €25,000 | -€50,000 | -66.7% |
| Trade debts | 44 | €34,749 | €2,199 | -€32,550 | -93.7% |
| Suppliers | 440/4 | €34,749 | €2,199 | -€32,550 | -93.7% |
| Advances received on contracts in progress | 46 | €35,000 | €35,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,284 | €62,184 | +€52,900 | +569.8% |
| Taxes | 450/3 | €9,284 | €62,184 | +€52,900 | +569.8% |
| Other amounts payable | 47/48 | €301,171 | €117,648 | -€183,523 | -60.9% |
| Accrued charges and deferred income | 492/3 | €96,763 | - | -€96,763 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,313 | €61,594 | -€14,718 | -19.3% |
| Other operating charges | 640/8 | €13,780 | €15,566 | +€1,786 | +13.0% |
| Gross operating margin | 9900 | €94,874 | €227,230 | +€132,357 | +139.5% |
| Operating profit (loss) | 9901 | €4,781 | €150,070 | +€145,289 | +3038.8% |
| Financial charges | 65/66B | - | €29,259 | +€29,259 | |
| Recurring financial charges | 65 | - | €29,259 | +€29,259 | |
| Profit (loss) for the period before taxes | 9903 | €4,781 | €120,811 | +€116,030 | +2426.8% |
| Income taxes | 67/77 | - | €37,864 | +€37,864 | |
| Profit (loss) for the period | 9904 | €4,781 | €82,948 | +€78,166 | +1634.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,781 | €82,948 | +€78,166 | +1634.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.