VANDECASTEELE BRAM ENGINEERING: 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.
VANDECASTEELE BRAM ENGINEERING
Largest movements
- Cash +€39,245
up €39,245 (+182%), from €21,608 to €60,854
mainly Net result for the year (+€39,482) and Other debts (+€7,450)
- Current investments +€20,000
up €20,000 (+200%), from €10,000 to €30,000
- Tangible fixed assets -€3,186
down €3,186 (-16.4%), from €19,477 to €16,291
of which Furniture and vehicles: -€2,724
- Receivables within one year -€2,772
down €2,772 (-10.5%), from €26,421 to €23,649
- Reserves +€39,482
up €39,482 (+81.2%), from €48,621 to €88,102
- Other debts +€7,450
up €7,450 (+50.5%), from €14,751 to €22,201
- Tax, wage and social debts +€7,135
up €7,135 (+50.6%), from €14,112 to €21,247
of which Taxes: +€8,135
- Gross operating margin +€19,005
up €19,005 (+45.0%), from €42,257 to €61,263
- Taxes +€4,707
up €4,707 (+44.6%), from €10,549 to €15,256
- Depreciation +€890
up €890 (+16.5%), from €5,400 to €6,291
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 | €80,615 | €133,988 | +€53,373 | +66.2% |
| Fixed assets | 21/28 | €19,477 | €16,291 | -€3,186 | -16.4% |
| Tangible fixed assets | 22/27 | €19,477 | €16,291 | -€3,186 | -16.4% |
| Plant, machinery and equipment | 23 | €1,647 | €1,184 | -€463 | -28.1% |
| Furniture and vehicles | 24 | €17,830 | €15,107 | -€2,724 | -15.3% |
| Current assets | 29/58 | €61,138 | €117,697 | +€56,559 | +92.5% |
| Amounts receivable within one year | 40/41 | €26,421 | €23,649 | -€2,772 | -10.5% |
| Trade receivables | 40 | €26,421 | €23,649 | -€2,772 | -10.5% |
| Current investments | 50/53 | €10,000 | €30,000 | +€20,000 | +200% |
| Cash at bank and in hand | 54/58 | €21,608 | €60,854 | +€39,245 | +182% |
| Deferred charges and accrued income | 490/1 | €3,109 | €3,195 | +€86 | +2.8% |
| Total equity and liabilities | 10/49 | €80,615 | €133,988 | +€53,373 | +66.2% |
| Equity | 10/15 | €49,621 | €89,102 | +€39,482 | +79.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €48,621 | €88,102 | +€39,482 | +81.2% |
| Distributable reserves | 133 | €48,621 | €88,102 | +€39,482 | +81.2% |
| Amounts payable | 17/49 | €30,994 | €44,885 | +€13,892 | +44.8% |
| Amounts payable within one year | 42/48 | €29,564 | €43,660 | +€14,096 | +47.7% |
| Trade debts | 44 | €701 | €212 | -€489 | -69.7% |
| Suppliers | 440/4 | €701 | €212 | -€489 | -69.7% |
| Taxes, remuneration and social security | 45 | €14,112 | €21,247 | +€7,135 | +50.6% |
| Taxes | 450/3 | €13,112 | €21,247 | +€8,135 | +62.0% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €14,751 | €22,201 | +€7,450 | +50.5% |
| Accrued charges and deferred income | 492/3 | €1,429 | €1,225 | -€205 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,400 | €6,291 | +€890 | +16.5% |
| Other operating charges | 640/8 | €85 | €226 | +€141 | +166% |
| Gross operating margin | 9900 | €42,257 | €61,263 | +€19,005 | +45.0% |
| Operating profit (loss) | 9901 | €36,772 | €54,746 | +€17,974 | +48.9% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €60 | €19 | -€41 | -69.0% |
| Recurring financial charges | 65 | €60 | €19 | -€41 | -69.0% |
| Profit (loss) for the period before taxes | 9903 | €36,712 | €54,738 | +€18,026 | +49.1% |
| Income taxes | 67/77 | €10,549 | €15,256 | +€4,707 | +44.6% |
| Profit (loss) for the period | 9904 | €26,163 | €39,482 | +€13,318 | +50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,163 | €39,482 | +€13,318 | +50.9% |
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 22 October 2026 via checked.be.