Van de Brul: what changed
Two fiscal 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 de Brul
Largest movements
- Receivables within one year +€19,437
up €19,437 (+205.1%), from €9,477 to €28,914
of which Trade receivables: +€14,415
- Cash +€4,921
up €4,921 (+21.6%), from €22,748 to €27,669
mainly Net result for the year (+€15,163) and Tax, wage and social debts (+€11,214)
- Tangible fixed assets -€2,917
down €2,917 (-38.7%), from €7,535 to €4,618
- Reserves +€15,163
up €15,163 (+103.3%), from €14,682 to €29,845
- Tax, wage and social debts +€11,214
up €11,214 (+94.1%), from €11,922 to €23,136
of which Taxes: +€11,264
- Debts after one year -€2,859
down €2,859 (-56.6%), from €5,049 to €2,189
- Other debts -€2,706
no longer reported in 2024 (was €2,706)
- Gross operating margin +€6,725
up €6,725 (+33.1%), from €20,293 to €27,018
- Depreciation +€1,701
up €1,701 (+140.0%), from €1,215 to €2,917
- Taxes +€819
up €819 (+16.4%), from €4,981 to €5,800
- Other operating charges -€663
down €663 (-41.2%), from €1,610 to €947
- Financial charges +€445
up €445 (+198.4%), from €224 to €670
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 | €42,602 | €64,043 | +€21,441 | +50.3% |
| Fixed assets | 21/28 | €7,535 | €4,618 | -€2,917 | -38.7% |
| Tangible fixed assets | 22/27 | €7,535 | €4,618 | -€2,917 | -38.7% |
| Furniture and vehicles | 24 | €7,535 | €4,618 | -€2,917 | -38.7% |
| Current assets | 29/58 | €35,067 | €59,425 | +€24,358 | +69.5% |
| Amounts receivable within one year | 40/41 | €9,477 | €28,914 | +€19,437 | +205.1% |
| Trade receivables | 40 | €9,014 | €23,429 | +€14,415 | +159.9% |
| Other amounts receivable | 41 | €462 | €5,484 | +€5,022 | +1085.9% |
| Cash at bank and in hand | 54/58 | €22,748 | €27,669 | +€4,921 | +21.6% |
| Deferred charges and accrued income | 490/1 | €2,842 | €2,842 | = | 0.0% |
| Total equity and liabilities | 10/49 | €42,602 | €64,043 | +€21,441 | +50.3% |
| Equity | 10/15 | €16,182 | €31,345 | +€15,163 | +93.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €14,682 | €29,845 | +€15,163 | +103.3% |
| Distributable reserves | 133 | €14,682 | €29,845 | +€15,163 | +103.3% |
| Amounts payable | 17/49 | €26,420 | €32,698 | +€6,278 | +23.8% |
| Amounts payable after more than one year | 17 | €5,049 | €2,189 | -€2,859 | -56.6% |
| Financial debts | 170/4 | €5,049 | €2,189 | -€2,859 | -56.6% |
| Amounts payable within one year | 42/48 | €21,372 | €30,509 | +€9,137 | +42.8% |
| Current portion of amounts payable after more than one year | 42 | €2,803 | €2,859 | +€57 | +2.0% |
| Trade debts | 44 | €3,941 | €4,514 | +€573 | +14.5% |
| Suppliers | 440/4 | €3,941 | €4,514 | +€573 | +14.5% |
| Taxes, remuneration and social security | 45 | €11,922 | €23,136 | +€11,214 | +94.1% |
| Taxes | 450/3 | €11,871 | €23,136 | +€11,264 | +94.9% |
| Remuneration and social security | 454/9 | €51 | - | -€51 | |
| Other amounts payable | 47/48 | €2,706 | - | -€2,706 | |
| Remuneration, social security and pensions | 62 | €1,618 | €1,521 | -€97 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,215 | €2,917 | +€1,701 | +140.0% |
| Other operating charges | 640/8 | €1,610 | €947 | -€663 | -41.2% |
| Gross operating margin | 9900 | €20,293 | €27,018 | +€6,725 | +33.1% |
| Operating profit (loss) | 9901 | €15,850 | €21,633 | +€5,784 | +36.5% |
| Financial charges | 65/66B | €224 | €670 | +€445 | +198.4% |
| Recurring financial charges | 65 | €224 | €670 | +€445 | +198.4% |
| Profit (loss) for the period before taxes | 9903 | €15,625 | €20,963 | +€5,338 | +34.2% |
| Income taxes | 67/77 | €4,981 | €5,800 | +€819 | +16.4% |
| Profit (loss) for the period | 9904 | €10,644 | €15,163 | +€4,520 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,644 | €15,163 | +€4,520 | +42.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.