VAN dEN BRANDEN: 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.
What changed
VAN dEN BRANDEN
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.2m
2024 · €336,723+€2.9m
Equity
€11.1m
2024 · €7.9m+€3.2m
Cash
€61,370
2024 · €43,624+€17,746
Balance sheet total
€12.7m
2024 · €9.8m+€2.9m
Largest movements
Assets
- Current investments +€1.4m
up €1.4m (+1,900%), from €75,000 to €1.5m
- Receivables within one year +€1.4m
up €1.4m (+4,420%), from €30,657 to €1.4m
of which Other amounts receivable: +€1.3m
Equity and liabilities
- Reserves +€1.6m
new in 2025: €1.6m
of which Non-distributable reserves: +€951,395
- Profit (loss) carried forward +€1.6m
up €1.6m, from -€1.6m to €417
- Debts after one year -€238,070
down €238,070 (-25.3%), from €940,350 to €702,280
Income statement
- Financial income +€2.9m
up €2.9m (+978%), from €296,735 to €3.2m
- Services and other goods +€37,745
up €37,745 (+79.5%), from €47,492 to €85,238
- Goods and materials +€33,258
up €33,258 (+54.7%), from €60,854 to €94,111
- Turnover +€11,708
up €11,708 (+4.1%), from €286,800 to €298,508
- Financial charges -€11,229
down €11,229 (-18.6%), from €60,250 to €49,020
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.
Result 2024
€336,723
Turnover
+€11,708
Other operating income
+€6,870
Goods and materials
-€33,258
Services and other goods
-€37,745
Staff costs
+€141
Depreciation
-€2,714
Other operating charges
-€2,609
Other operating items
-€3,068
Financial income
+€2.9m
Financial charges
+€11,229
Taxes
-€349
Result 2025
€3.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.7m
Investment
-€1.5m
Financing
-€238,070
Cash 2024
€43,624
From operations (derived)
+€1.7m
Net result for the year
+€3.2m
Depreciation
+€7,439
Receivables within one year
-€1.4m
Smaller working-capital items
-€6,173
Trade debts
+€12,974
Other debts
-€86,237
Accrued charges and deferred income
-€12,314
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€67,812
Current investments
-€1.4m
Financing
-€238,070
Debts after one year
-€238,070
Cash 2025
€61,370
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,787,499 | €12,650,467 | +€2.9m | +29.3% |
| Fixed assets | 21/28 | €9,637,179 | €9,697,552 | +€60,373 | +0.6% |
| Intangible fixed assets | 21 | €257 | €0 | -€257 | -100% |
| Tangible fixed assets | 22/27 | €10,260 | €9,390 | -€870 | -8.5% |
| Plant, machinery and equipment | 23 | €2,994 | €5,418 | +€2,425 | +81.0% |
| Furniture and vehicles | 24 | €6,306 | €3,149 | -€3,158 | -50.1% |
| Other tangible fixed assets | 26 | €960 | €823 | -€137 | -14.3% |
| Financial fixed assets | 28 | €9,626,662 | €9,688,162 | +€61,500 | +0.6% |
| Affiliated companies | 280/1 | €9,626,662 | €9,688,162 | +€61,500 | +0.6% |
| Participating interests | 280 | €9,626,662 | €9,688,162 | +€61,500 | +0.6% |
| Current assets | 29/58 | €150,321 | €2,952,915 | +€2.8m | +1,864% |
| Amounts receivable within one year | 40/41 | €30,657 | €1,385,607 | +€1.4m | +4,420% |
| Trade receivables | 40 | €28,919 | €37,818 | +€8,899 | +30.8% |
| Other amounts receivable | 41 | €1,738 | €1,347,789 | +€1.3m | +77,440% |
| Current investments | 50/53 | €75,000 | €1,500,000 | +€1.4m | +1,900% |
| Other investments | 51/53 | €75,000 | €1,500,000 | +€1.4m | +1,900% |
| Cash at bank and in hand | 54/58 | €43,624 | €61,370 | +€17,746 | +40.7% |
| Deferred charges and accrued income | 490/1 | €1,040 | €5,938 | +€4,898 | +471% |
| Total equity and liabilities | 10/49 | €9,787,499 | €12,650,467 | +€2.9m | +29.3% |
| Equity | 10/15 | €7,937,873 | €11,125,761 | +€3.2m | +40.2% |
| Contributions | 10/11 | €9,513,949 | €9,513,949 | = | 0.0% |
| Capital | 10 | - | €9,513,949 | +€9.5m | |
| Issued capital | 100 | - | €9,513,949 | +€9.5m | |
| Reserves | 13 | - | €1,611,395 | +€1.6m | |
| Non-distributable reserves | 130/1 | - | €951,395 | +€951,395 | |
| Legal reserve | 130 | - | €951,395 | +€951,395 | |
| Distributable reserves | 133 | - | €660,000 | +€660,000 | |
| Profit (loss) carried forward | 14 | -€1,576,076 | €417 | +€1.6m | |
| Amounts payable | 17/49 | €1,849,627 | €1,524,706 | -€324,921 | -17.6% |
| Amounts payable after more than one year | 17 | €940,350 | €702,280 | -€238,070 | -25.3% |
| Other amounts payable | 178/9 | €940,350 | €702,280 | -€238,070 | -25.3% |
| Amounts payable within one year | 42/48 | €848,837 | €774,300 | -€74,537 | -8.8% |
| Trade debts | 44 | €37,921 | €50,895 | +€12,974 | +34.2% |
| Suppliers | 440/4 | €37,921 | €50,895 | +€12,974 | +34.2% |
| Taxes, remuneration and social security | 45 | €21,267 | €19,992 | -€1,275 | -6.0% |
| Taxes | 450/3 | €10,082 | €9,402 | -€680 | -6.7% |
| Remuneration and social security | 454/9 | €11,184 | €10,590 | -€594 | -5.3% |
| Other amounts payable | 47/48 | €789,650 | €703,413 | -€86,237 | -10.9% |
| Accrued charges and deferred income | 492/3 | €60,439 | €48,126 | -€12,314 | -20.4% |
| Operating income | 70/76A | €289,868 | €305,378 | +€15,510 | +5.4% |
| Turnover | 70 | €286,800 | €298,508 | +€11,708 | +4.1% |
| Other operating income | 74 | - | €6,870 | +€6,870 | |
| Non-recurring operating income | 76A | €3,068 | - | -€3,068 | |
| Operating charges | 60/66A | €189,451 | €265,636 | +€76,185 | +40.2% |
| Goods for resale, raw materials and consumables | 60 | €60,854 | €94,111 | +€33,258 | +54.7% |
| Purchases | 600/8 | €60,854 | €94,111 | +€33,258 | +54.7% |
| Services and other goods | 61 | €47,492 | €85,238 | +€37,745 | +79.5% |
| Remuneration, social security and pensions | 62 | €73,517 | €73,376 | -€141 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,725 | €7,439 | +€2,714 | +57.4% |
| Other operating charges | 640/8 | €2,863 | €5,472 | +€2,609 | +91.1% |
| Operating profit (loss) | 9901 | €100,417 | €39,742 | -€60,675 | -60.4% |
| Financial income | 75/76B | €296,735 | €3,197,694 | +€2.9m | +978% |
| Recurring financial income | 75 | €296,735 | €3,197,694 | +€2.9m | +978% |
| Income from financial fixed assets | 750 | €296,591 | €3,194,152 | +€2.9m | +977% |
| Income from current assets | 751 | €144 | €3,537 | +€3,393 | +2,358% |
| Other financial income | 752/9 | - | €5 | +€5 | |
| Financial charges | 65/66B | €60,250 | €49,020 | -€11,229 | -18.6% |
| Recurring financial charges | 65 | €60,250 | €49,020 | -€11,229 | -18.6% |
| Debt charges | 650 | €60,211 | €48,968 | -€11,243 | -18.7% |
| Other financial charges | 652/9 | €39 | €53 | +€14 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €336,902 | €3,188,416 | +€2.9m | +846% |
| Income taxes | 67/77 | €179 | €527 | +€349 | +195% |
| Taxes | 670/3 | €179 | €527 | +€349 | +195% |
| Profit (loss) for the period | 9904 | €336,723 | €3,187,888 | +€2.9m | +847% |
| Profit (loss) for the period to be appropriated | 9905 | €336,723 | €3,187,888 | +€2.9m | +847% |
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 29 October 2026 via checked.be.