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 +€32,224
up €32,224 (+13.8%), from €234,045 to €266,269
of which Trade receivables: +€24,713
- Trade debts +€13,373
up €13,373 (+19.3%), from €69,314 to €82,687
- Other debts +€9,780
up €9,780 (+5.8%), from €168,961 to €178,740
- Tax, wage and social debts +€4,509
up €4,509 (+65.0%), from €6,937 to €11,446
- Write-downs +€14,893
up €14,893, from -€14,893 to €0
- Gross operating margin -€2,685
down €2,685 (-29.6%), from €9,073 to €6,388
- Financial charges -€1,265
down €1,265 (-70.3%), from €1,799 to €534
- Staff costs +€653
new in 2025: €653
- Other operating charges -€625
down €625 (-79.5%), from €787 to €162
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 | €258,640 | €288,296 | +€29,656 | +11.5% |
| Fixed assets | 21/28 | €8,071 | €5,471 | -€2,600 | -32.2% |
| Tangible fixed assets | 22/27 | €7,800 | €5,200 | -€2,600 | -33.3% |
| Furniture and vehicles | 24 | €7,800 | €5,200 | -€2,600 | -33.3% |
| Financial fixed assets | 28 | €271 | €271 | = | 0.0% |
| Current assets | 29/58 | €250,569 | €282,825 | +€32,256 | +12.9% |
| Stocks and contracts in progress | 3 | €15,572 | €15,572 | = | 0.0% |
| Stocks | 30/36 | €15,572 | €15,572 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €234,045 | €266,269 | +€32,224 | +13.8% |
| Trade receivables | 40 | €5,992 | €30,705 | +€24,713 | +412% |
| Other amounts receivable | 41 | €228,052 | €235,564 | +€7,511 | +3.3% |
| Cash at bank and in hand | 54/58 | €952 | €983 | +€32 | +3.3% |
| Total equity and liabilities | 10/49 | €258,640 | €288,296 | +€29,656 | +11.5% |
| Equity | 10/15 | €13,429 | €15,423 | +€1,994 | +14.8% |
| Contributions | 10/11 | €10,006 | €10,006 | = | 0.0% |
| Reserves | 13 | €3,423 | €5,417 | +€1,994 | +58.3% |
| Distributable reserves | 133 | €3,423 | €5,417 | +€1,994 | +58.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €245,212 | €272,873 | +€27,662 | +11.3% |
| Amounts payable within one year | 42/48 | €245,212 | €272,873 | +€27,662 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €69,314 | €82,687 | +€13,373 | +19.3% |
| Suppliers | 440/4 | €69,314 | €82,687 | +€13,373 | +19.3% |
| Taxes, remuneration and social security | 45 | €6,937 | €11,446 | +€4,509 | +65.0% |
| Taxes | 450/3 | €6,937 | €11,446 | +€4,509 | +65.0% |
| Other amounts payable | 47/48 | €168,961 | €178,740 | +€9,780 | +5.8% |
| Remuneration, social security and pensions | 62 | - | €653 | +€653 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,865 | €2,600 | -€265 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,893 | €0 | +€14,893 | |
| Other operating charges | 640/8 | €787 | €162 | -€625 | -79.5% |
| Gross operating margin | 9900 | €9,073 | €6,388 | -€2,685 | -29.6% |
| Operating profit (loss) | 9901 | €20,314 | €2,973 | -€17,341 | -85.4% |
| Financial income | 75/76B | €2 | €0 | -€2 | -94.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -94.5% |
| Financial charges | 65/66B | €1,799 | €534 | -€1,265 | -70.3% |
| Recurring financial charges | 65 | €1,799 | €534 | -€1,265 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €18,517 | €2,439 | -€16,077 | -86.8% |
| Income taxes | 67/77 | €517 | €445 | -€71 | -13.8% |
| Profit (loss) for the period | 9904 | €18,000 | €1,994 | -€16,006 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,000 | €1,994 | -€16,006 | -88.9% |
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 15 October 2026 via checked.be.