van den Braak: 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 den Braak
Largest movements
- Receivables within one year +€47,497
up €47,497 (+530%), from €8,956 to €56,453
of which Trade receivables: +€38,972
- Cash +€45,843
up €45,843 (+4.3%), from €1.1m to €1.1m
mainly Net result for the year (+€47,235) and Depreciation (+€37,268)
- Tangible fixed assets -€37,268
down €37,268 (-30.9%), from €120,688 to €83,420
of which Furniture and vehicles: -€36,671
- Reserves +€47,235
up €47,235 (+4.6%), from €1.0m to €1.1m
- Financial income -€15,519
down €15,519 (-100.0%), from €15,519 to €0
- Taxes -€6,110
down €6,110 (-21.3%), from €28,739 to €22,628
- Gross operating margin -€3,908
down €3,908 (-3.4%), from €113,971 to €110,062
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 | €1,200,399 | €1,256,471 | +€56,072 | +4.7% |
| Fixed assets | 21/28 | €120,688 | €83,420 | -€37,268 | -30.9% |
| Tangible fixed assets | 22/27 | €120,688 | €83,420 | -€37,268 | -30.9% |
| Plant, machinery and equipment | 23 | €1,417 | €820 | -€597 | -42.1% |
| Furniture and vehicles | 24 | €119,271 | €82,600 | -€36,671 | -30.7% |
| Current assets | 29/58 | €1,079,711 | €1,173,051 | +€93,340 | +8.6% |
| Amounts receivable within one year | 40/41 | €8,956 | €56,453 | +€47,497 | +530% |
| Trade receivables | 40 | - | €38,972 | +€38,972 | |
| Other amounts receivable | 41 | €8,956 | €17,481 | +€8,525 | +95.2% |
| Cash at bank and in hand | 54/58 | €1,070,755 | €1,116,598 | +€45,843 | +4.3% |
| Total equity and liabilities | 10/49 | €1,200,399 | €1,256,471 | +€56,072 | +4.7% |
| Equity | 10/15 | €1,195,667 | €1,242,902 | +€47,235 | +4.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,030,253 | €1,077,488 | +€47,235 | +4.6% |
| Distributable reserves | 133 | €1,030,253 | €1,077,488 | +€47,235 | +4.6% |
| Profit (loss) carried forward | 14 | €140,414 | €140,414 | = | 0.0% |
| Amounts payable | 17/49 | €4,732 | €13,569 | +€8,837 | +187% |
| Amounts payable within one year | 42/48 | €4,732 | €13,569 | +€8,837 | +187% |
| Trade debts | 44 | €135 | €2,590 | +€2,455 | +1,817% |
| Suppliers | 440/4 | €135 | €2,590 | +€2,455 | +1,817% |
| Taxes, remuneration and social security | 45 | €3,952 | €0 | -€3,952 | -100% |
| Taxes | 450/3 | €3,952 | €0 | -€3,952 | -100% |
| Other amounts payable | 47/48 | €645 | €10,979 | +€10,334 | +1,602% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,401 | €37,268 | -€133 | -0.4% |
| Other operating charges | 640/8 | €2,183 | €2,477 | +€294 | +13.5% |
| Gross operating margin | 9900 | €113,971 | €110,062 | -€3,908 | -3.4% |
| Operating profit (loss) | 9901 | €74,387 | €70,318 | -€4,069 | -5.5% |
| Financial income | 75/76B | €15,519 | €0 | -€15,519 | -100.0% |
| Recurring financial income | 75 | €15,519 | €0 | -€15,519 | -100.0% |
| Financial charges | 65/66B | €548 | €454 | -€94 | -17.1% |
| Recurring financial charges | 65 | €548 | €454 | -€94 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €89,358 | €69,864 | -€19,494 | -21.8% |
| Income taxes | 67/77 | €28,739 | €22,628 | -€6,110 | -21.3% |
| Profit (loss) for the period | 9904 | €60,619 | €47,235 | -€13,384 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,619 | €47,235 | -€13,384 | -22.1% |
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 27 October 2026 via checked.be.