Van den Broeck Projects: what changed
Two fiscal 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 Projects
Largest movements
- Receivables within one year +€28,528
up €28,528 (+233.1%), from €12,241 to €40,769
of which Other amounts receivable: +€23,235
- Cash -€8,319
down €8,319 (-88.8%), from €9,369 to €1,050
mainly Investment in fixed assets (net) (-€37,704) and Receivables within one year (-€28,528)
- Debts after one year +€19,581
up €19,581 (+3.2%), from €602,730 to €622,311
- Profit (loss) carried forward +€7,256
up €7,256 (+214.8%), from €3,378 to €10,634
- Gross operating margin +€53,128
up €53,128 (+178.7%), from €29,732 to €82,860
- Financial charges +€25,962
up €25,962 (+189.4%), from €13,705 to €39,667
- Depreciation +€21,805
up €21,805 (+177.8%), from €12,265 to €34,070
- Other operating charges +€1,483
up €1,483 (+386.2%), from €384 to €1,867
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.
Cash bridge derived
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 | €656,160 | €680,003 | +€23,843 | +3.6% |
| Fixed assets | 21/28 | €634,550 | €638,184 | +€3,634 | +0.6% |
| Tangible fixed assets | 22/27 | €634,550 | €638,184 | +€3,634 | +0.6% |
| Land and buildings | 22 | €630,211 | €626,939 | -€3,272 | -0.5% |
| Plant, machinery and equipment | 23 | €3,003 | €10,569 | +€7,566 | +251.9% |
| Furniture and vehicles | 24 | €1,336 | €676 | -€660 | -49.4% |
| Current assets | 29/58 | €21,610 | €41,819 | +€20,209 | +93.5% |
| Amounts receivable within one year | 40/41 | €12,241 | €40,769 | +€28,528 | +233.1% |
| Trade receivables | 40 | €11,642 | €16,935 | +€5,293 | +45.5% |
| Other amounts receivable | 41 | €599 | €23,834 | +€23,235 | +3879.0% |
| Cash at bank and in hand | 54/58 | €9,369 | €1,050 | -€8,319 | -88.8% |
| Total equity and liabilities | 10/49 | €656,160 | €680,003 | +€23,843 | +3.6% |
| Equity | 10/15 | €8,378 | €15,634 | +€7,256 | +86.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,378 | €10,634 | +€7,256 | +214.8% |
| Amounts payable | 17/49 | €647,782 | €664,369 | +€16,587 | +2.6% |
| Amounts payable after more than one year | 17 | €602,730 | €622,311 | +€19,581 | +3.2% |
| Financial debts | 170/4 | €602,730 | €622,311 | +€19,581 | +3.2% |
| Amounts payable within one year | 42/48 | €45,052 | €42,058 | -€2,994 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €33,031 | €35,583 | +€2,552 | +7.7% |
| Trade debts | 44 | - | €787 | +€787 | |
| Suppliers | 440/4 | - | €787 | +€787 | |
| Taxes, remuneration and social security | 45 | €12,021 | €5,688 | -€6,333 | -52.7% |
| Taxes | 450/3 | €12,021 | €5,688 | -€6,333 | -52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,265 | €34,070 | +€21,805 | +177.8% |
| Other operating charges | 640/8 | €384 | €1,867 | +€1,483 | +386.2% |
| Gross operating margin | 9900 | €29,732 | €82,860 | +€53,128 | +178.7% |
| Operating profit (loss) | 9901 | €17,083 | €46,923 | +€29,840 | +174.7% |
| Financial charges | 65/66B | €13,705 | €39,667 | +€25,962 | +189.4% |
| Recurring financial charges | 65 | €13,705 | €39,667 | +€25,962 | +189.4% |
| Profit (loss) for the period before taxes | 9903 | €3,378 | €7,256 | +€3,878 | +114.8% |
| Profit (loss) for the period | 9904 | €3,378 | €7,256 | +€3,878 | +114.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,378 | €7,256 | +€3,878 | +114.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.