Vanbreda Simplex: what changed
Two fiscal 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.
Vanbreda Simplex
Largest movements
- Cash -€707,140
down €707,140 (-77.1%), from €917,402 to €210,262
mainly Other debts (-€591,000) and Contributions, distributions and other (-€214,000)
- Receivables within one year +€71,506
up €71,506 (+71.6%), from €99,908 to €171,413
of which Trade receivables: +€56,840
- Other debts -€591,000
down €591,000 (-73.4%), from €805,000 to €214,000
- Trade debts -€21,417
down €21,417 (-59.9%), from €35,770 to €14,353
- Tax, wage and social debts -€21,126
down €21,126 (-91.6%), from €23,071 to €1,945
of which Remuneration and social security: -€12,847
- Staff costs -€106,445
down €106,445, from €97,641 to -€8,804
- Gross operating margin -€21,000
down €21,000 (-7.2%), from €293,688 to €272,688
- Taxes +€16,772
up €16,772 (+31.1%), from €53,999 to €70,771
- Financial income -€14,540
down €14,540 (-85.5%), from €17,008 to €2,469
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 | €1,023,417 | €383,979 | -€639,438 | -62.5% |
| Fixed assets | 21/28 | €2,374 | €1,187 | -€1,187 | -50.0% |
| Intangible fixed assets | 21 | €2,214 | €1,027 | -€1,187 | -53.6% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €1,021,043 | €382,792 | -€638,251 | -62.5% |
| Amounts receivable within one year | 40/41 | €99,908 | €171,413 | +€71,506 | +71.6% |
| Trade receivables | 40 | €81,433 | €138,273 | +€56,840 | +69.8% |
| Other amounts receivable | 41 | €18,475 | €33,140 | +€14,665 | +79.4% |
| Cash at bank and in hand | 54/58 | €917,402 | €210,262 | -€707,140 | -77.1% |
| Deferred charges and accrued income | 490/1 | €3,733 | €1,117 | -€2,616 | -70.1% |
| Total equity and liabilities | 10/49 | €1,023,417 | €383,979 | -€639,438 | -62.5% |
| Equity | 10/15 | €86,579 | €83,212 | -€3,366 | -3.9% |
| Contributions | 10/11 | €74,600 | €74,600 | = | 0.0% |
| Capital | 10 | €74,600 | €74,600 | = | 0.0% |
| Issued capital | 100 | €74,600 | €74,600 | = | 0.0% |
| Reserves | 13 | €7,460 | €8,612 | +€1,152 | +15.4% |
| Non-distributable reserves | 130/1 | €7,460 | €7,460 | = | 0.0% |
| Legal reserve | 130 | €7,460 | €7,460 | = | 0.0% |
| Distributable reserves | 133 | - | €1,152 | +€1,152 | |
| Profit (loss) carried forward | 14 | €4,519 | - | -€4,519 | |
| Amounts payable | 17/49 | €936,839 | €300,767 | -€636,071 | -67.9% |
| Amounts payable within one year | 42/48 | €863,841 | €230,298 | -€633,544 | -73.3% |
| Trade debts | 44 | €35,770 | €14,353 | -€21,417 | -59.9% |
| Suppliers | 440/4 | €35,770 | €14,353 | -€21,417 | -59.9% |
| Taxes, remuneration and social security | 45 | €23,071 | €1,945 | -€21,126 | -91.6% |
| Taxes | 450/3 | €10,224 | €1,945 | -€8,279 | -81.0% |
| Remuneration and social security | 454/9 | €12,847 | - | -€12,847 | |
| Other amounts payable | 47/48 | €805,000 | €214,000 | -€591,000 | -73.4% |
| Accrued charges and deferred income | 492/3 | €72,997 | €70,470 | -€2,528 | -3.5% |
| Remuneration, social security and pensions | 62 | €97,641 | -€8,804 | -€106,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,187 | €1,187 | = | 0.0% |
| Other operating charges | 640/8 | €2,098 | €120 | -€1,978 | -94.3% |
| Gross operating margin | 9900 | €293,688 | €272,688 | -€21,000 | -7.2% |
| Operating profit (loss) | 9901 | €192,762 | €280,185 | +€87,423 | +45.4% |
| Financial income | 75/76B | €17,008 | €2,469 | -€14,540 | -85.5% |
| Recurring financial income | 75 | €17,008 | €2,469 | -€14,540 | -85.5% |
| Financial charges | 65/66B | €418 | €1,249 | +€831 | +199.0% |
| Recurring financial charges | 65 | €418 | €1,249 | +€831 | +199.0% |
| Profit (loss) for the period before taxes | 9903 | €209,352 | €281,405 | +€72,052 | +34.4% |
| Income taxes | 67/77 | €53,999 | €70,771 | +€16,772 | +31.1% |
| Profit (loss) for the period | 9904 | €155,354 | €210,634 | +€55,280 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €155,354 | €210,634 | +€55,280 | +35.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.