VAN SLAMBROUCK: 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 SLAMBROUCK
Largest movements
- Tangible fixed assets +€356,069
up €356,069 (+69.4%), from €513,324 to €869,393
of which Furniture and vehicles: +€374,397
- Receivables within one year +€39,072
up €39,072 (+51.1%), from €76,439 to €115,511
of which Other amounts receivable: +€37,671
- Cash +€19,650
up €19,650 (+37.4%), from €52,505 to €72,155
mainly Trade debts (+€229,117) and Debts after one year (+€148,802)
- Trade debts +€229,117
up €229,117 (+218%), from €105,051 to €334,168
- Debts after one year +€148,802
up €148,802 (+70.1%), from €212,208 to €361,010
- Current portion of long-term debt +€41,518
up €41,518 (+87.1%), from €47,682 to €89,200
- Tax, wage and social debts +€13,608
up €13,608 (+127%), from €10,686 to €24,294
of which Remuneration and social security: +€15,117
- Other debts -€11,076
down €11,076 (-5.4%), from €206,989 to €195,912
- Staff costs +€45,050
up €45,050 (+51.0%), from €88,317 to €133,367
- Gross operating margin -€7,704
down €7,704 (-2.6%), from €295,330 to €287,626
- Depreciation -€7,600
down €7,600 (-4.9%), from €154,298 to €146,698
- Financial charges +€7,371
up €7,371 (+143%), from €5,161 to €12,533
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 | €647,606 | €1,062,343 | +€414,737 | +64.0% |
| Fixed assets | 21/28 | €513,326 | €869,394 | +€356,068 | +69.4% |
| Intangible fixed assets | 21 | €2 | €1 | -€1 | -35.8% |
| Tangible fixed assets | 22/27 | €513,324 | €869,393 | +€356,069 | +69.4% |
| Plant, machinery and equipment | 23 | €379,744 | €358,359 | -€21,385 | -5.6% |
| Furniture and vehicles | 24 | €121,054 | €495,451 | +€374,397 | +309% |
| Other tangible fixed assets | 26 | €12,526 | €15,583 | +€3,057 | +24.4% |
| Current assets | 29/58 | €134,280 | €192,949 | +€58,669 | +43.7% |
| Amounts receivable within one year | 40/41 | €76,439 | €115,511 | +€39,072 | +51.1% |
| Trade receivables | 40 | €68,708 | €70,109 | +€1,401 | +2.0% |
| Other amounts receivable | 41 | €7,731 | €45,402 | +€37,671 | +487% |
| Cash at bank and in hand | 54/58 | €52,505 | €72,155 | +€19,650 | +37.4% |
| Deferred charges and accrued income | 490/1 | €5,336 | €5,284 | -€53 | -1.0% |
| Total equity and liabilities | 10/49 | €647,606 | €1,062,343 | +€414,737 | +64.0% |
| Equity | 10/15 | €52,716 | €46,290 | -€6,426 | -12.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,216 | €38,790 | -€6,426 | -14.2% |
| Amounts payable | 17/49 | €594,890 | €1,016,053 | +€421,163 | +70.8% |
| Amounts payable after more than one year | 17 | €212,208 | €361,010 | +€148,802 | +70.1% |
| Financial debts | 170/4 | €212,208 | €361,010 | +€148,802 | +70.1% |
| Amounts payable within one year | 42/48 | €370,408 | €643,574 | +€273,166 | +73.7% |
| Current portion of amounts payable after more than one year | 42 | €47,682 | €89,200 | +€41,518 | +87.1% |
| Trade debts | 44 | €105,051 | €334,168 | +€229,117 | +218% |
| Suppliers | 440/4 | €105,051 | €334,168 | +€229,117 | +218% |
| Taxes, remuneration and social security | 45 | €10,686 | €24,294 | +€13,608 | +127% |
| Taxes | 450/3 | €1,981 | €472 | -€1,509 | -76.2% |
| Remuneration and social security | 454/9 | €8,705 | €23,822 | +€15,117 | +174% |
| Other amounts payable | 47/48 | €206,989 | €195,912 | -€11,076 | -5.4% |
| Accrued charges and deferred income | 492/3 | €12,274 | €11,469 | -€805 | -6.6% |
| Non-recurring operating income | 76A | - | €25,691 | +€25,691 | |
| Remuneration, social security and pensions | 62 | €88,317 | €133,367 | +€45,050 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,298 | €146,698 | -€7,600 | -4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,144 | +€1,144 | |
| Other operating charges | 640/8 | €1,229 | €577 | -€652 | -53.0% |
| Gross operating margin | 9900 | €295,330 | €287,626 | -€7,704 | -2.6% |
| Operating profit (loss) | 9901 | €51,487 | €5,841 | -€45,646 | -88.7% |
| Financial income | 75/76B | €597 | €266 | -€331 | -55.5% |
| Recurring financial income | 75 | €597 | €266 | -€331 | -55.5% |
| Financial charges | 65/66B | €5,161 | €12,533 | +€7,371 | +143% |
| Recurring financial charges | 65 | €5,161 | €12,533 | +€7,371 | +143% |
| Profit (loss) for the period before taxes | 9903 | €46,922 | -€6,426 | -€53,348 | |
| Income taxes | 67/77 | €1,706 | €0 | -€1,706 | -100% |
| Profit (loss) for the period | 9904 | €45,216 | -€6,426 | -€51,642 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,216 | -€6,426 | -€51,642 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.