VANLERBERGHE MAARTEN: what changed
What changed
VANLERBERGHE MAARTEN
NACE 43.910, Bricklaying and masonry work
filed annual accounts (NBB)
Net result for the year
€4,991
2024 · -€24,386+€29,377
Equity
€90,889
2024 · €85,898+€4,991
Cash
€28,267
2024 · €22,982+€5,285
Balance sheet total
€266,405
2024 · €280,711-€14,306
Largest movements
Assets
- Tangible fixed assets -€18,289
down €18,289 (-18.1%), from €100,941 to €82,652
of which Furniture and vehicles: -€33,126
- Receivables within one year -€6,912
down €6,912 (-5.8%), from €119,770 to €112,858
of which Trade receivables: -€13,197
- Cash +€5,285
up €5,285 (+23.0%), from €22,982 to €28,267
mainly Depreciation (+€45,231) and Trade debts (+€11,713)
- Deferred charges and accrued income +€4,143
up €4,143 (+64.5%), from €6,427 to €10,570
Equity and liabilities
- Debts after one year -€12,327
down €12,327 (-26.0%), from €47,435 to €35,108
- Tax, wage and social debts -€12,297
no longer reported in 2025 (was €12,297)
of which Taxes: -€6,416
- Trade debts +€11,713
up €11,713 (+32.2%), from €36,347 to €48,060
- Other debts -€8,165
down €8,165 (-13.5%), from €60,412 to €52,248
- Profit (loss) carried forward +€4,991
up €4,991 (+20.5%), from -€24,386 to -€19,395
Income statement
- Gross operating margin +€24,403
up €24,403 (+10.2%), from €240,025 to €264,429
- Depreciation -€4,372
down €4,372 (-8.8%), from €49,603 to €45,231
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€24,386
Gross operating margin
+€24,403
Staff costs
-€8
Depreciation
+€4,372
Other operating charges
-€160
Financial income
-€833
Financial charges
+€1,587
Taxes
+€16
Result 2025
€4,991
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€46,491
Investment
-€28,642
Financing
-€12,564
Cash 2024
€22,982
From operations (derived)
+€46,491
Net result for the year
+€4,991
Depreciation
+€45,231
Stocks and contracts
+€233
Receivables within one year
+€6,912
Deferred charges and accrued income
-€4,143
Trade debts
+€11,713
Tax, wage and social debts
-€12,297
Other debts
-€8,165
Accrued charges and deferred income
+€2,015
Investment (derived)
-€28,642
Investment in fixed assets (net)
-€26,942
Current investments
-€1,700
Financing
-€12,564
Debts after one year
-€12,327
Current portion of long-term debt
-€229
Short-term financial debts
-€7
Cash 2025
€28,267
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,711 | €266,405 | -€14,306 | -5.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €100,941 | €82,652 | -€18,289 | -18.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €100,941 | €82,652 | -€18,289 | -18.1% |
| Land and buildings | 22 | €3,022 | €28,897 | +€25,875 | +856% |
| Plant, machinery and equipment | 23 | €21,806 | €10,768 | -€11,039 | -50.6% |
| Furniture and vehicles | 24 | €76,112 | €42,987 | -€33,126 | -43.5% |
| Current assets | 29/58 | €179,770 | €183,753 | +€3,983 | +2.2% |
| Stocks and contracts in progress | 3 | €29,526 | €29,293 | -€233 | -0.8% |
| Stocks | 30/36 | €2,314 | €27,820 | +€25,506 | +1,102% |
| Contracts in progress | 37 | €27,212 | €1,473 | -€25,739 | -94.6% |
| Amounts receivable within one year | 40/41 | €119,770 | €112,858 | -€6,912 | -5.8% |
| Trade receivables | 40 | €48,025 | €34,827 | -€13,197 | -27.5% |
| Other amounts receivable | 41 | €71,745 | €78,030 | +€6,285 | +8.8% |
| Current investments | 50/53 | €1,066 | €2,765 | +€1,700 | +159% |
| Cash at bank and in hand | 54/58 | €22,982 | €28,267 | +€5,285 | +23.0% |
| Deferred charges and accrued income | 490/1 | €6,427 | €10,570 | +€4,143 | +64.5% |
| Total equity and liabilities | 10/49 | €280,711 | €266,405 | -€14,306 | -5.1% |
| Equity | 10/15 | €85,898 | €90,889 | +€4,991 | +5.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €97,884 | €97,884 | = | 0.0% |
| Distributable reserves | 133 | €97,884 | €97,884 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,386 | -€19,395 | +€4,991 | +20.5% |
| Amounts payable | 17/49 | €194,813 | €175,516 | -€19,297 | -9.9% |
| Amounts payable after more than one year | 17 | €47,435 | €35,108 | -€12,327 | -26.0% |
| Financial debts | 170/4 | €47,435 | €35,108 | -€12,327 | -26.0% |
| Amounts payable within one year | 42/48 | €147,378 | €138,393 | -€8,985 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €37,808 | €37,579 | -€229 | -0.6% |
| Financial debts | 43 | €514 | €506 | -€7 | -1.4% |
| Other loans | 439 | €514 | €506 | -€7 | -1.4% |
| Trade debts | 44 | €36,347 | €48,060 | +€11,713 | +32.2% |
| Suppliers | 440/4 | €36,347 | €48,060 | +€11,713 | +32.2% |
| Taxes, remuneration and social security | 45 | €12,297 | - | -€12,297 | |
| Taxes | 450/3 | €6,416 | - | -€6,416 | |
| Remuneration and social security | 454/9 | €5,880 | - | -€5,880 | |
| Other amounts payable | 47/48 | €60,412 | €52,248 | -€8,165 | -13.5% |
| Accrued charges and deferred income | 492/3 | - | €2,015 | +€2,015 | |
| Non-recurring operating income | 76A | - | €1,142 | +€1,142 | |
| Remuneration, social security and pensions | 62 | €208,313 | €208,321 | +€8 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,603 | €45,231 | -€4,372 | -8.8% |
| Other operating charges | 640/8 | €2,601 | €2,761 | +€160 | +6.2% |
| Gross operating margin | 9900 | €240,025 | €264,429 | +€24,403 | +10.2% |
| Operating profit (loss) | 9901 | -€20,492 | €8,115 | +€28,607 | |
| Financial income | 75/76B | €1,337 | €504 | -€833 | -62.3% |
| Recurring financial income | 75 | €1,337 | €504 | -€833 | -62.3% |
| Financial charges | 65/66B | €4,992 | €3,405 | -€1,587 | -31.8% |
| Recurring financial charges | 65 | €4,992 | €3,405 | -€1,587 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,147 | €5,214 | +€29,361 | |
| Income taxes | 67/77 | €239 | €223 | -€16 | -6.5% |
| Profit (loss) for the period | 9904 | -€24,386 | €4,991 | +€29,377 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,386 | €4,991 | +€29,377 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.