VANDENBERGHE PATRICK: 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.
VANDENBERGHE PATRICK
Largest movements
- Receivables within one year -€15,310
down €15,310 (-20.8%), from €73,496 to €58,186
of which Trade receivables: -€16,366
- Cash -€6,271
down €6,271 (-29.9%), from €20,977 to €14,707
mainly Other debts (-€22,956) and Advances received (-€4,325)
- Other debts -€22,956
down €22,956 (-41.4%), from €55,397 to €32,441
- Trade debts +€7,588
up €7,588 (+23.4%), from €32,398 to €39,986
- Advances received -€4,325
no longer reported in 2025 (was €4,325)
- Other operating charges -€6,128
down €6,128 (-89.0%), from €6,883 to €755
- Gross operating margin +€3,621
up €3,621 (+2557.1%), from €142 to €3,763
- Taxes +€402
up €402 (+383.9%), from €105 to €506
- Depreciation +€388
up €388 (+388.1%), from €100 to €488
- Financial charges +€372
up €372 (+47.5%), from €782 to €1,154
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 | €224,873 | €204,405 | -€20,468 | -9.1% |
| Fixed assets | 21/28 | €300 | €1,512 | +€1,212 | +404.0% |
| Intangible fixed assets | 21 | €300 | €200 | -€100 | -33.3% |
| Tangible fixed assets | 22/27 | - | €1,312 | +€1,312 | |
| Plant, machinery and equipment | 23 | - | €1,312 | +€1,312 | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €224,573 | €202,893 | -€21,680 | -9.7% |
| Stocks and contracts in progress | 3 | €130,000 | €130,000 | = | 0.0% |
| Stocks | 30/36 | €30,000 | €30,000 | = | 0.0% |
| Contracts in progress | 37 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,496 | €58,186 | -€15,310 | -20.8% |
| Trade receivables | 40 | €68,664 | €52,298 | -€16,366 | -23.8% |
| Other amounts receivable | 41 | €4,832 | €5,889 | +€1,056 | +21.9% |
| Cash at bank and in hand | 54/58 | €20,977 | €14,707 | -€6,271 | -29.9% |
| Deferred charges and accrued income | 490/1 | €99 | - | -€99 | |
| Total equity and liabilities | 10/49 | €224,873 | €204,405 | -€20,468 | -9.1% |
| Equity | 10/15 | €130,497 | €131,472 | +€975 | +0.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €26,019 | €26,019 | = | 0.0% |
| Distributable reserves | 133 | €26,019 | €26,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,078 | €93,053 | +€975 | +1.1% |
| Amounts payable | 17/49 | €94,376 | €72,933 | -€21,443 | -22.7% |
| Amounts payable within one year | 42/48 | €94,376 | €72,933 | -€21,443 | -22.7% |
| Trade debts | 44 | €32,398 | €39,986 | +€7,588 | +23.4% |
| Suppliers | 440/4 | €32,398 | €39,986 | +€7,588 | +23.4% |
| Advances received on contracts in progress | 46 | €4,325 | - | -€4,325 | |
| Taxes, remuneration and social security | 45 | €2,256 | €506 | -€1,750 | -77.6% |
| Taxes | 450/3 | €2,256 | €506 | -€1,750 | -77.6% |
| Other amounts payable | 47/48 | €55,397 | €32,441 | -€22,956 | -41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100 | €488 | +€388 | +388.1% |
| Other operating charges | 640/8 | €6,883 | €755 | -€6,128 | -89.0% |
| Gross operating margin | 9900 | €142 | €3,763 | +€3,621 | +2557.1% |
| Operating profit (loss) | 9901 | -€6,842 | €2,519 | +€9,361 | |
| Financial income | 75/76B | €142 | €116 | -€26 | -18.0% |
| Recurring financial income | 75 | €142 | €116 | -€26 | -18.0% |
| Financial charges | 65/66B | €782 | €1,154 | +€372 | +47.5% |
| Recurring financial charges | 65 | €782 | €1,154 | +€372 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,483 | €1,481 | +€8,964 | |
| Income taxes | 67/77 | €105 | €506 | +€402 | +383.9% |
| Profit (loss) for the period | 9904 | -€7,587 | €975 | +€8,562 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,587 | €975 | +€8,562 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.