VAN DROOGENBROECK: 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 DROOGENBROECK
Largest movements
- Current investments +€14,325
up €14,325 (+2.0%), from €720,951 to €735,276
- Profit (loss) carried forward +€12,326
up €12,326 (+1.9%), from €661,824 to €674,150
- Gross operating margin -€13,498
down €13,498 (-54.8%), from €24,636 to €11,138
- Taxes -€844
down €844 (-9.6%), from €8,754 to €7,910
- Financial income +€599
up €599 (+4.6%), from €12,899 to €13,498
- Financial charges +€365
up €365 (+25.9%), from €1,411 to €1,775
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 | €962,450 | €985,373 | +€22,922 | +2.4% |
| Fixed assets | 21/28 | €124 | €124 | = | 0.0% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €962,326 | €985,249 | +€22,922 | +2.4% |
| Stocks and contracts in progress | 3 | €211,220 | €212,698 | +€1,478 | +0.7% |
| Stocks | 30/36 | €211,220 | €212,698 | +€1,478 | +0.7% |
| Amounts receivable within one year | 40/41 | €535 | €473 | -€62 | -11.7% |
| Trade receivables | 40 | €535 | €86 | -€449 | -83.9% |
| Other amounts receivable | 41 | - | €387 | +€387 | |
| Current investments | 50/53 | €720,951 | €735,276 | +€14,325 | +2.0% |
| Cash at bank and in hand | 54/58 | €17,612 | €24,648 | +€7,036 | +39.9% |
| Deferred charges and accrued income | 490/1 | €12,008 | €12,153 | +€145 | +1.2% |
| Total equity and liabilities | 10/49 | €962,450 | €985,373 | +€22,922 | +2.4% |
| Equity | 10/15 | €948,931 | €961,256 | +€12,326 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €268,506 | €268,506 | = | 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% |
| Tax-exempt reserves | 132 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €242,646 | €242,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | €661,824 | €674,150 | +€12,326 | +1.9% |
| Provisions and deferred taxes | 16 | €645 | €645 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €645 | €645 | = | 0.0% |
| Major repairs and maintenance | 162 | €645 | €645 | = | 0.0% |
| Amounts payable | 17/49 | €12,875 | €23,471 | +€10,597 | +82.3% |
| Amounts payable within one year | 42/48 | €12,875 | €23,471 | +€10,597 | +82.3% |
| Trade debts | 44 | €8,161 | €16,490 | +€8,329 | +102% |
| Suppliers | 440/4 | €8,161 | €16,490 | +€8,329 | +102% |
| Taxes, remuneration and social security | 45 | €180 | - | -€180 | |
| Taxes | 450/3 | €180 | - | -€180 | |
| Other amounts payable | 47/48 | €4,533 | €6,981 | +€2,448 | +54.0% |
| Other operating charges | 640/8 | €2,597 | €2,625 | +€28 | +1.1% |
| Gross operating margin | 9900 | €24,636 | €11,138 | -€13,498 | -54.8% |
| Operating profit (loss) | 9901 | €22,039 | €8,513 | -€13,526 | -61.4% |
| Financial income | 75/76B | €12,899 | €13,498 | +€599 | +4.6% |
| Recurring financial income | 75 | €12,899 | €13,498 | +€599 | +4.6% |
| Financial charges | 65/66B | €1,411 | €1,775 | +€365 | +25.9% |
| Recurring financial charges | 65 | €1,411 | €1,775 | +€365 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €33,527 | €20,235 | -€13,291 | -39.6% |
| Income taxes | 67/77 | €8,754 | €7,910 | -€844 | -9.6% |
| Profit (loss) for the period | 9904 | €24,773 | €12,326 | -€12,448 | -50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,773 | €12,326 | -€12,448 | -50.2% |
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 16 October 2026 via checked.be.