Van Santberghe: 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 Santberghe
Largest movements
- Receivables within one year +€4,870
up €4,870 (+45.0%), from €10,820 to €15,690
of which Trade receivables: +€5,279
- Other debts +€15,771
up €15,771 (+6.2%), from €255,829 to €271,601
- Profit (loss) carried forward -€10,166
down €10,166 (-5.9%), from -€172,304 to -€182,470
- Short-term financial debts +€3,201
up €3,201 (+27.5%), from €11,650 to €14,851
- Tax, wage and social debts -€3,162
down €3,162 (-93.3%), from €3,387 to €225
- Other operating charges +€10,878
up €10,878 (+1,091%), from €997 to €11,875
- Gross operating margin +€9,839
up €9,839, from -€9,204 to €635
- Financial income +€3,417
new in 2024: €3,417
- Financial charges +€130
up €130 (+6.5%), from €1,996 to €2,126
of which Financial charges: +€153
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,973 | €208,368 | +€5,395 | +2.7% |
| Current assets | 29/58 | €202,973 | €208,368 | +€5,395 | +2.7% |
| Stocks and contracts in progress | 3 | €191,500 | €191,500 | = | 0.0% |
| Stocks | 30/36 | €191,500 | €191,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,820 | €15,690 | +€4,870 | +45.0% |
| Trade receivables | 40 | €10,253 | €15,532 | +€5,279 | +51.5% |
| Other amounts receivable | 41 | €567 | €158 | -€409 | -72.1% |
| Cash at bank and in hand | 54/58 | €653 | €653 | +€0 | +0.1% |
| Deferred charges and accrued income | 490/1 | - | €524 | +€524 | |
| Total equity and liabilities | 10/49 | €202,973 | €208,368 | +€5,395 | +2.7% |
| Equity | 10/15 | -€82,443 | -€92,609 | -€10,166 | -12.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,261 | €71,261 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | +€0 | 0.0% |
| Distributable reserves | 133 | €69,402 | €69,402 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€172,304 | -€182,470 | -€10,166 | -5.9% |
| Amounts payable | 17/49 | €285,417 | €300,977 | +€15,560 | +5.5% |
| Amounts payable within one year | 42/48 | €285,417 | €300,977 | +€15,560 | +5.5% |
| Financial debts | 43 | €11,650 | €14,851 | +€3,201 | +27.5% |
| Credit institutions | 430/8 | €11,650 | €14,851 | +€3,201 | +27.5% |
| Trade debts | 44 | €14,550 | €14,299 | -€251 | -1.7% |
| Suppliers | 440/4 | €14,550 | €14,299 | -€251 | -1.7% |
| Taxes, remuneration and social security | 45 | €3,387 | €225 | -€3,162 | -93.3% |
| Taxes | 450/3 | €3,387 | €225 | -€3,162 | -93.3% |
| Other amounts payable | 47/48 | €255,829 | €271,601 | +€15,771 | +6.2% |
| Other operating charges | 640/8 | €997 | €11,875 | +€10,878 | +1,091% |
| Non-recurring operating charges | 66A | €7,683 | - | -€7,683 | |
| Gross operating margin | 9900 | -€9,204 | €635 | +€9,839 | |
| Operating profit (loss) | 9901 | -€17,883 | -€11,240 | +€6,644 | +37.1% |
| Financial income | 75/76B | - | €3,417 | +€3,417 | |
| Recurring financial income | 75 | - | €3,417 | +€3,417 | |
| Financial charges | 65/66B | €1,996 | €2,126 | +€130 | +6.5% |
| Recurring financial charges | 65 | €1,973 | €2,126 | +€153 | +7.8% |
| Non-recurring financial charges | 66B | €23 | - | -€23 | |
| Profit (loss) for the period before taxes | 9903 | -€19,879 | -€9,949 | +€9,930 | +50.0% |
| Income taxes | 67/77 | €132 | €217 | +€86 | +65.0% |
| Profit (loss) for the period | 9904 | -€20,010 | -€10,166 | +€9,844 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,010 | -€10,166 | +€9,844 | +49.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.