VAN LERBERGHE: 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 LERBERGHE
Largest movements
- Deferred charges and accrued income -€1.7m
no longer reported in 2025 (was €1.7m)
- Stocks and contracts +€655,793
new in 2025: €655,793
- Financial fixed assets +€524,500
up €524,500 (+104,900%), from €500 to €525,000
- Cash +€483,863
up €483,863 (+14,925%), from €3,242 to €487,104
mainly Deferred charges and accrued income (+€1.7m) and Other debts (+€13,200)
- Profit (loss) carried forward -€71,689
down €71,689 (-26.7%), from -€268,149 to -€339,838
- Gross operating margin -€387,094
down €387,094, from €318,369 to -€68,725
- Depreciation -€3,197
down €3,197 (-86.3%), from €3,705 to €508
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 | €1,735,523 | €1,667,898 | -€67,626 | -3.9% |
| Fixed assets | 21/28 | €1,008 | €525,000 | +€523,992 | +52,005% |
| Tangible fixed assets | 22/27 | €508 | €0 | -€508 | -100% |
| Furniture and vehicles | 24 | €508 | €0 | -€508 | -100% |
| Financial fixed assets | 28 | €500 | €525,000 | +€524,500 | +104,900% |
| Current assets | 29/58 | €1,734,516 | €1,142,898 | -€591,618 | -34.1% |
| Stocks and contracts in progress | 3 | - | €655,793 | +€655,793 | |
| Stocks | 30/36 | - | €655,793 | +€655,793 | |
| Amounts receivable within one year | 40/41 | €1,274 | - | -€1,274 | |
| Trade receivables | 40 | €1,274 | - | -€1,274 | |
| Cash at bank and in hand | 54/58 | €3,242 | €487,104 | +€483,863 | +14,925% |
| Deferred charges and accrued income | 490/1 | €1,730,000 | - | -€1.7m | |
| Total equity and liabilities | 10/49 | €1,735,523 | €1,667,898 | -€67,626 | -3.9% |
| Equity | 10/15 | -€206,149 | -€277,838 | -€71,689 | -34.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | - | €62,000 | +€62,000 | |
| Issued capital | 100 | - | €62,000 | +€62,000 | |
| Profit (loss) carried forward | 14 | -€268,149 | -€339,838 | -€71,689 | -26.7% |
| Amounts payable | 17/49 | €1,941,673 | €1,945,736 | +€4,063 | +0.2% |
| Amounts payable within one year | 42/48 | €1,941,673 | €1,945,736 | +€4,063 | +0.2% |
| Trade debts | 44 | €6,746 | €93 | -€6,654 | -98.6% |
| Suppliers | 440/4 | €6,746 | €93 | -€6,654 | -98.6% |
| Taxes, remuneration and social security | 45 | €3,986 | €1,503 | -€2,483 | -62.3% |
| Taxes | 450/3 | €3,986 | €1,503 | -€2,483 | -62.3% |
| Other amounts payable | 47/48 | €1,930,940 | €1,944,140 | +€13,200 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,705 | €508 | -€3,197 | -86.3% |
| Other operating charges | 640/8 | €1,444 | €2,412 | +€968 | +67.1% |
| Gross operating margin | 9900 | €318,369 | -€68,725 | -€387,094 | |
| Operating profit (loss) | 9901 | €313,220 | -€71,644 | -€384,865 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €94 | €45 | -€49 | -52.5% |
| Recurring financial charges | 65 | €94 | €45 | -€49 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €313,126 | -€71,689 | -€384,815 | |
| Profit (loss) for the period | 9904 | €313,126 | -€71,689 | -€384,815 | |
| Profit (loss) for the period to be appropriated | 9905 | €313,126 | -€71,689 | -€384,815 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.