VAN DEN BROECK: 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 BROECK
Largest movements
- Cash +€28,939
up €28,939 (+14.6%), from €197,720 to €226,659
mainly Net result for the year (+€39,285) and Depreciation (+€18,199)
- Tangible fixed assets -€8,096
down €8,096 (-7.7%), from €104,723 to €96,627
of which Land and buildings: -€9,268
- Receivables within one year -€7,886
down €7,886 (-11.2%), from €70,705 to €62,820
of which Other amounts receivable: -€5,408
- Stocks and contracts -€5,718
down €5,718 (-38.0%), from €15,043 to €9,325
- Other debts -€41,161
down €41,161 (-79.8%), from €51,592 to €10,432
- Reserves +€34,263
up €34,263 (+14.4%), from €237,169 to €271,432
- Accrued charges and deferred income +€12,795
up €12,795 (+43,169%), from €30 to €12,825
- Staff costs +€8,761
up €8,761 (+4.6%), from €190,612 to €199,373
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 | €393,731 | €400,969 | +€7,238 | +1.8% |
| Fixed assets | 21/28 | €104,723 | €96,627 | -€8,096 | -7.7% |
| Tangible fixed assets | 22/27 | €104,723 | €96,627 | -€8,096 | -7.7% |
| Land and buildings | 22 | €100,829 | €91,561 | -€9,268 | -9.2% |
| Plant, machinery and equipment | 23 | €2,845 | €1,990 | -€855 | -30.1% |
| Furniture and vehicles | 24 | - | €2,377 | +€2,377 | |
| Other tangible fixed assets | 26 | €1,050 | €700 | -€350 | -33.3% |
| Current assets | 29/58 | €289,008 | €304,342 | +€15,334 | +5.3% |
| Stocks and contracts in progress | 3 | €15,043 | €9,325 | -€5,718 | -38.0% |
| Stocks | 30/36 | €15,043 | €9,325 | -€5,718 | -38.0% |
| Amounts receivable within one year | 40/41 | €70,705 | €62,820 | -€7,886 | -11.2% |
| Trade receivables | 40 | €50,691 | €48,214 | -€2,478 | -4.9% |
| Other amounts receivable | 41 | €20,014 | €14,606 | -€5,408 | -27.0% |
| Cash at bank and in hand | 54/58 | €197,720 | €226,659 | +€28,939 | +14.6% |
| Deferred charges and accrued income | 490/1 | €5,540 | €5,538 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €393,731 | €400,969 | +€7,238 | +1.8% |
| Equity | 10/15 | €255,919 | €290,182 | +€34,263 | +13.4% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €237,169 | €271,432 | +€34,263 | +14.4% |
| Distributable reserves | 133 | €237,169 | €271,432 | +€34,263 | +14.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €137,813 | €110,787 | -€27,025 | -19.6% |
| Amounts payable within one year | 42/48 | €137,783 | €97,962 | -€39,821 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €55,410 | €56,443 | +€1,033 | +1.9% |
| Suppliers | 440/4 | €55,410 | €56,443 | +€1,033 | +1.9% |
| Taxes, remuneration and social security | 45 | €30,781 | €31,088 | +€307 | +1.0% |
| Taxes | 450/3 | €9,138 | €10,390 | +€1,252 | +13.7% |
| Remuneration and social security | 454/9 | €21,643 | €20,698 | -€945 | -4.4% |
| Other amounts payable | 47/48 | €51,592 | €10,432 | -€41,161 | -79.8% |
| Accrued charges and deferred income | 492/3 | €30 | €12,825 | +€12,795 | +43,169% |
| Remuneration, social security and pensions | 62 | €190,612 | €199,373 | +€8,761 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,859 | €18,199 | -€660 | -3.5% |
| Other operating charges | 640/8 | €3,171 | €3,269 | +€98 | +3.1% |
| Gross operating margin | 9900 | €277,282 | €279,461 | +€2,179 | +0.8% |
| Operating profit (loss) | 9901 | €64,640 | €58,620 | -€6,020 | -9.3% |
| Financial income | 75/76B | €413 | €32 | -€381 | -92.2% |
| Recurring financial income | 75 | €413 | €32 | -€381 | -92.2% |
| Financial charges | 65/66B | €337 | €344 | +€7 | +2.1% |
| Recurring financial charges | 65 | €337 | €344 | +€7 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €64,716 | €58,308 | -€6,408 | -9.9% |
| Income taxes | 67/77 | €21,123 | €19,023 | -€2,100 | -9.9% |
| Profit (loss) for the period | 9904 | €43,593 | €39,285 | -€4,309 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,593 | €39,285 | -€4,309 | -9.9% |
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 23 October 2026 via checked.be.