VANDEPUTTE BRECHT: 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.
VANDEPUTTE BRECHT
Largest movements
- Cash -€54,774
down €54,774 (-56.9%), from €96,242 to €41,468
mainly Investment in fixed assets (net) (-€46,881) and Debts after one year (-€16,362)
- Tangible fixed assets +€33,066
up €33,066 (+26.2%), from €126,107 to €159,173
of which Furniture and vehicles: +€29,861
- Receivables within one year +€12,160
up €12,160 (+35.2%), from €34,531 to €46,690
of which Trade receivables: +€6,959
- Debts after one year -€16,362
down €16,362 (-18.7%), from €87,515 to €71,153
- Other debts +€5,000
new in 2025: €5,000
- Tax, wage and social debts -€3,609
down €3,609 (-65.5%), from €5,509 to €1,900
of which Taxes: -€2,724
- Trade debts +€3,545
up €3,545 (+145%), from €2,440 to €5,985
- Advances received +€3,500
new in 2025: €3,500
- Gross operating margin -€24,492
down €24,492 (-46.1%), from €53,092 to €28,601
- Depreciation +€7,806
up €7,806 (+130%), from €6,010 to €13,815
- Taxes -€7,476
down €7,476 (-88.5%), from €8,445 to €969
- Staff costs -€6,350
down €6,350 (-51.5%), from €12,327 to €5,978
- Financial charges +€1,251
up €1,251 (+52.0%), from €2,407 to €3,659
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 | €261,559 | €251,961 | -€9,599 | -3.7% |
| Fixed assets | 21/28 | €126,107 | €159,173 | +€33,066 | +26.2% |
| Tangible fixed assets | 22/27 | €126,107 | €159,173 | +€33,066 | +26.2% |
| Land and buildings | 22 | €125,208 | €119,708 | -€5,500 | -4.4% |
| Plant, machinery and equipment | 23 | €899 | €9,603 | +€8,705 | +969% |
| Furniture and vehicles | 24 | - | €29,861 | +€29,861 | |
| Current assets | 29/58 | €135,452 | €92,788 | -€42,665 | -31.5% |
| Stocks and contracts in progress | 3 | €895 | €608 | -€287 | -32.1% |
| Stocks | 30/36 | €895 | €608 | -€287 | -32.1% |
| Amounts receivable within one year | 40/41 | €34,531 | €46,690 | +€12,160 | +35.2% |
| Trade receivables | 40 | €18,740 | €25,699 | +€6,959 | +37.1% |
| Other amounts receivable | 41 | €15,791 | €20,991 | +€5,200 | +32.9% |
| Cash at bank and in hand | 54/58 | €96,242 | €41,468 | -€54,774 | -56.9% |
| Deferred charges and accrued income | 490/1 | €3,784 | €4,021 | +€237 | +6.3% |
| Total equity and liabilities | 10/49 | €261,559 | €251,961 | -€9,599 | -3.7% |
| Equity | 10/15 | €148,952 | €146,725 | -€2,227 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,510 | €87,010 | -€2,500 | -2.8% |
| Distributable reserves | 133 | €89,510 | €87,010 | -€2,500 | -2.8% |
| Profit (loss) carried forward | 14 | €40,841 | €41,114 | +€273 | +0.7% |
| Amounts payable | 17/49 | €112,608 | €105,236 | -€7,372 | -6.5% |
| Amounts payable after more than one year | 17 | €87,515 | €71,153 | -€16,362 | -18.7% |
| Financial debts | 170/4 | €87,515 | €71,153 | -€16,362 | -18.7% |
| Amounts payable within one year | 42/48 | €24,580 | €33,555 | +€8,976 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €16,631 | €17,170 | +€539 | +3.2% |
| Trade debts | 44 | €2,440 | €5,985 | +€3,545 | +145% |
| Suppliers | 440/4 | €2,440 | €5,985 | +€3,545 | +145% |
| Advances received on contracts in progress | 46 | - | €3,500 | +€3,500 | |
| Taxes, remuneration and social security | 45 | €5,509 | €1,900 | -€3,609 | -65.5% |
| Taxes | 450/3 | €4,624 | €1,900 | -€2,724 | -58.9% |
| Remuneration and social security | 454/9 | €885 | - | -€885 | |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Accrued charges and deferred income | 492/3 | €513 | €528 | +€14 | +2.8% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Remuneration, social security and pensions | 62 | €12,327 | €5,978 | -€6,350 | -51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,010 | €13,815 | +€7,806 | +130% |
| Other operating charges | 640/8 | €1,387 | €1,573 | +€186 | +13.4% |
| Gross operating margin | 9900 | €53,092 | €28,601 | -€24,492 | -46.1% |
| Operating profit (loss) | 9901 | €33,368 | €7,235 | -€26,133 | -78.3% |
| Financial income | 75/76B | €103 | €166 | +€62 | +60.3% |
| Recurring financial income | 75 | €103 | €166 | +€62 | +60.3% |
| Financial charges | 65/66B | €2,407 | €3,659 | +€1,251 | +52.0% |
| Recurring financial charges | 65 | €2,407 | €3,659 | +€1,251 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | €31,064 | €3,742 | -€27,322 | -88.0% |
| Income taxes | 67/77 | €8,445 | €969 | -€7,476 | -88.5% |
| Profit (loss) for the period | 9904 | €22,619 | €2,773 | -€19,846 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,619 | €2,773 | -€19,846 | -87.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.