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
- Receivables within one year +€5,439
up €5,439 (+2.3%), from €238,070 to €243,510
of which Trade receivables: +€6,359
- Tax, wage and social debts -€9,323
down €9,323 (-75.2%), from €12,402 to €3,079
- Reserves +€6,518
up €6,518 (+3.8%), from €172,044 to €178,562
of which Distributable reserves: +€6,518
- Trade debts +€5,518
up €5,518 (+57.8%), from €9,555 to €15,073
- Other debts +€2,681
up €2,681 (+10.5%), from €25,659 to €28,340
- Gross operating margin -€43,197
down €43,197 (-81.0%), from €53,306 to €10,109
- Taxes -€3,938
down €3,938 (-69.0%), from €5,707 to €1,769
- Other operating charges -€1,333
down €1,333 (-71.9%), from €1,853 to €520
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 | €238,252 | €243,647 | +€5,395 | +2.3% |
| Current assets | 29/58 | €238,252 | €243,647 | +€5,395 | +2.3% |
| Amounts receivable within one year | 40/41 | €238,070 | €243,510 | +€5,439 | +2.3% |
| Trade receivables | 40 | €178,070 | €184,429 | +€6,359 | +3.6% |
| Other amounts receivable | 41 | €60,000 | €59,081 | -€919 | -1.5% |
| Cash at bank and in hand | 54/58 | €182 | €137 | -€45 | -24.7% |
| Total equity and liabilities | 10/49 | €238,252 | €243,647 | +€5,395 | +2.3% |
| Equity | 10/15 | €190,636 | €197,154 | +€6,518 | +3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €172,044 | €178,562 | +€6,518 | +3.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €151,435 | €157,953 | +€6,518 | +4.3% |
| Amounts payable | 17/49 | €47,616 | €46,492 | -€1,123 | -2.4% |
| Amounts payable within one year | 42/48 | €47,616 | €46,492 | -€1,123 | -2.4% |
| Trade debts | 44 | €9,555 | €15,073 | +€5,518 | +57.8% |
| Suppliers | 440/4 | €9,555 | €15,073 | +€5,518 | +57.8% |
| Taxes, remuneration and social security | 45 | €12,402 | €3,079 | -€9,323 | -75.2% |
| Taxes | 450/3 | €12,402 | €3,079 | -€9,323 | -75.2% |
| Other amounts payable | 47/48 | €25,659 | €28,340 | +€2,681 | +10.5% |
| Other operating charges | 640/8 | €1,853 | €520 | -€1,333 | -71.9% |
| Gross operating margin | 9900 | €53,306 | €10,109 | -€43,197 | -81.0% |
| Operating profit (loss) | 9901 | €51,453 | €9,589 | -€41,864 | -81.4% |
| Financial charges | 65/66B | €1,583 | €1,302 | -€281 | -17.8% |
| Recurring financial charges | 65 | €1,583 | €1,302 | -€281 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €49,870 | €8,287 | -€41,583 | -83.4% |
| Income taxes | 67/77 | €5,707 | €1,769 | -€3,938 | -69.0% |
| Profit (loss) for the period | 9904 | €44,163 | €6,518 | -€37,645 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,163 | €6,518 | -€37,645 | -85.2% |
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 20 October 2026 via checked.be.