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 +€31,961
up €31,961 (+45.5%), from €70,299 to €102,261
of which Trade receivables: +€33,305
- Tangible fixed assets -€23,951
down €23,951 (-36.7%), from €65,293 to €41,342
of which Furniture and vehicles: -€21,031
- Cash +€3,714
up €3,714 (+44.2%), from €8,399 to €12,113
mainly Trade debts (+€28,981) and Depreciation (+€23,951)
- Deferred charges and accrued income -€1,958
no longer reported in 2025 (was €1,958)
- Trade debts +€28,981
up €28,981 (+705%), from €4,108 to €33,089
- Profit (loss) carried forward -€19,454
down €19,454 (-38.7%), from €50,206 to €30,753
- Advances received +€13,361
new in 2025: €13,361
- Debts after one year -€9,775
down €9,775 (-31.9%), from €30,602 to €20,827
- Other debts -€3,532
down €3,532 (-69.1%), from €5,111 to €1,578
- Depreciation +€10,575
up €10,575 (+79.1%), from €13,376 to €23,951
- Gross operating margin -€7,240
down €7,240 (-48.0%), from €15,088 to €7,848
- Taxes -€724
down €724 (-79.9%), from €905 to €182
- Financial charges -€478
down €478 (-22.8%), from €2,094 to €1,616
- Financial income -€171
down €171 (-67.0%), from €255 to €84
of which Financial income: -€167
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 | €151,799 | €161,566 | +€9,766 | +6.4% |
| Fixed assets | 21/28 | €65,293 | €41,342 | -€23,951 | -36.7% |
| Tangible fixed assets | 22/27 | €65,293 | €41,342 | -€23,951 | -36.7% |
| Plant, machinery and equipment | 23 | €12,060 | €9,140 | -€2,920 | -24.2% |
| Furniture and vehicles | 24 | €53,233 | €32,202 | -€21,031 | -39.5% |
| Current assets | 29/58 | €86,506 | €120,224 | +€33,718 | +39.0% |
| Stocks and contracts in progress | 3 | €5,850 | €5,850 | = | 0.0% |
| Stocks | 30/36 | €5,850 | €5,850 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,299 | €102,261 | +€31,961 | +45.5% |
| Trade receivables | 40 | €54,571 | €87,876 | +€33,305 | +61.0% |
| Other amounts receivable | 41 | €15,728 | €14,385 | -€1,344 | -8.5% |
| Cash at bank and in hand | 54/58 | €8,399 | €12,113 | +€3,714 | +44.2% |
| Deferred charges and accrued income | 490/1 | €1,958 | - | -€1,958 | |
| Total equity and liabilities | 10/49 | €151,799 | €161,566 | +€9,766 | +6.4% |
| Equity | 10/15 | €101,101 | €81,647 | -€19,454 | -19.2% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €37,894 | €37,894 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €36,034 | €36,034 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,206 | €30,753 | -€19,454 | -38.7% |
| Provisions and deferred taxes | 16 | €470 | €470 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €470 | €470 | = | 0.0% |
| Other liabilities and charges | 164/5 | €470 | €470 | = | 0.0% |
| Amounts payable | 17/49 | €50,228 | €79,448 | +€29,220 | +58.2% |
| Amounts payable after more than one year | 17 | €30,602 | €20,827 | -€9,775 | -31.9% |
| Financial debts | 170/4 | €30,602 | €20,827 | -€9,775 | -31.9% |
| Amounts payable within one year | 42/48 | €19,626 | €58,621 | +€38,995 | +199% |
| Current portion of amounts payable after more than one year | 42 | €9,373 | €9,775 | +€402 | +4.3% |
| Trade debts | 44 | €4,108 | €33,089 | +€28,981 | +705% |
| Suppliers | 440/4 | €4,108 | €33,089 | +€28,981 | +705% |
| Advances received on contracts in progress | 46 | - | €13,361 | +€13,361 | |
| Taxes, remuneration and social security | 45 | €1,033 | €817 | -€216 | -20.9% |
| Taxes | 450/3 | €1,033 | €817 | -€216 | -20.9% |
| Other amounts payable | 47/48 | €5,111 | €1,578 | -€3,532 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,376 | €23,951 | +€10,575 | +79.1% |
| Other operating charges | 640/8 | €1,509 | €1,637 | +€128 | +8.5% |
| Gross operating margin | 9900 | €15,088 | €7,848 | -€7,240 | -48.0% |
| Operating profit (loss) | 9901 | €203 | -€17,740 | -€17,943 | |
| Financial income | 75/76B | €255 | €84 | -€171 | -67.0% |
| Recurring financial income | 75 | €247 | €80 | -€167 | -67.8% |
| Non-recurring financial income | 76B | €8 | €4 | -€4 | -44.4% |
| Financial charges | 65/66B | €2,094 | €1,616 | -€478 | -22.8% |
| Recurring financial charges | 65 | €2,094 | €1,616 | -€478 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,636 | -€19,272 | -€17,636 | -1,078% |
| Income taxes | 67/77 | €905 | €182 | -€724 | -79.9% |
| Profit (loss) for the period | 9904 | -€2,541 | -€19,454 | -€16,913 | -666% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,541 | -€19,454 | -€16,913 | -666% |
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 19 October 2026 via checked.be.