VANBERGEN: 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.
VANBERGEN
Largest movements
- Receivables within one year +€41,086
up €41,086 (+37.1%), from €110,688 to €151,774
of which Trade receivables: +€46,365
- Tangible fixed assets -€9,577
down €9,577 (-26.6%), from €35,978 to €26,401
of which Plant, machinery and equipment: -€5,485
- Cash -€8,710
down €8,710 (-57.4%), from €15,186 to €6,476
mainly Receivables within one year (-€41,086) and Investment in fixed assets (net) (-€6,847)
- Reserves +€16,700
up €16,700 (+416.8%), from €4,007 to €20,707
of which Distributable reserves: +€16,700
- Tax, wage and social debts +€6,424
up €6,424 (+25.2%), from €25,478 to €31,902
of which Taxes: +€7,902
- Trade debts +€4,001
up €4,001 (+6.8%), from €58,420 to €62,420
- Other debts -€2,225
down €2,225 (-9.9%), from €22,375 to €20,150
- Gross operating margin +€72,722
up €72,722 (+84.2%), from €86,331 to €159,053
- Staff costs +€41,567
up €41,567 (+56.4%), from €73,739 to €115,306
- Taxes +€8,818
up €8,818, from €0 to €8,818
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 | €173,142 | €196,519 | +€23,378 | +13.5% |
| Fixed assets | 21/28 | €35,978 | €26,401 | -€9,577 | -26.6% |
| Tangible fixed assets | 22/27 | €35,978 | €26,401 | -€9,577 | -26.6% |
| Plant, machinery and equipment | 23 | €19,703 | €14,218 | -€5,485 | -27.8% |
| Furniture and vehicles | 24 | €9,981 | €7,124 | -€2,857 | -28.6% |
| Other tangible fixed assets | 26 | €6,294 | €5,059 | -€1,235 | -19.6% |
| Current assets | 29/58 | €137,164 | €170,118 | +€32,954 | +24.0% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €110,688 | €151,774 | +€41,086 | +37.1% |
| Trade receivables | 40 | €99,208 | €145,572 | +€46,365 | +46.7% |
| Other amounts receivable | 41 | €11,481 | €6,202 | -€5,279 | -46.0% |
| Cash at bank and in hand | 54/58 | €15,186 | €6,476 | -€8,710 | -57.4% |
| Deferred charges and accrued income | 490/1 | €1,289 | €1,868 | +€579 | +44.9% |
| Total equity and liabilities | 10/49 | €173,142 | €196,519 | +€23,378 | +13.5% |
| Equity | 10/15 | €65,287 | €81,989 | +€16,702 | +25.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €4,007 | €20,707 | +€16,700 | +416.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,147 | €18,847 | +€16,700 | +777.9% |
| Profit (loss) carried forward | 14 | €42,730 | €42,732 | +€2 | 0.0% |
| Amounts payable | 17/49 | €107,855 | €114,531 | +€6,676 | +6.2% |
| Amounts payable within one year | 42/48 | €106,273 | €114,472 | +€8,199 | +7.7% |
| Trade debts | 44 | €58,420 | €62,420 | +€4,001 | +6.8% |
| Suppliers | 440/4 | €58,420 | €62,420 | +€4,001 | +6.8% |
| Taxes, remuneration and social security | 45 | €25,478 | €31,902 | +€6,424 | +25.2% |
| Taxes | 450/3 | €7,838 | €15,739 | +€7,902 | +100.8% |
| Remuneration and social security | 454/9 | €17,640 | €16,163 | -€1,478 | -8.4% |
| Other amounts payable | 47/48 | €22,375 | €20,150 | -€2,225 | -9.9% |
| Accrued charges and deferred income | 492/3 | €1,582 | €58 | -€1,524 | -96.3% |
| Non-recurring operating income | 76A | €6,137 | €0 | -€6,137 | -100.0% |
| Remuneration, social security and pensions | 62 | €73,739 | €115,306 | +€41,567 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,218 | €16,424 | +€1,206 | +7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€109 | -€241 | -€132 | -121.0% |
| Other operating charges | 640/8 | €823 | €1,029 | +€207 | +25.1% |
| Gross operating margin | 9900 | €86,331 | €159,053 | +€72,722 | +84.2% |
| Operating profit (loss) | 9901 | -€3,339 | €26,535 | +€29,874 | |
| Financial income | 75/76B | €199 | €47 | -€152 | -76.6% |
| Recurring financial income | 75 | €199 | €47 | -€152 | -76.6% |
| Financial charges | 65/66B | €530 | €1,062 | +€532 | +100.2% |
| Recurring financial charges | 65 | €530 | €1,062 | +€532 | +100.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,670 | €25,520 | +€29,190 | |
| Income taxes | 67/77 | €0 | €8,818 | +€8,818 | |
| Profit (loss) for the period | 9904 | -€3,670 | €16,702 | +€20,372 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,670 | €16,702 | +€20,372 |
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 12 October 2026 via checked.be.