Alter Vanderstappen Robert: 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.
Alter Vanderstappen Robert
Largest movements
- Cash +€432,166
up €432,166 (+3,031%), from €14,259 to €446,425
mainly Net result for the year (+€468,254) and Tax, wage and social debts (+€241,025)
- Receivables within one year +€361,813
up €361,813 (+133%), from €271,737 to €633,550
of which Trade receivables: +€361,317
- Deferred charges and accrued income +€25,237
up €25,237 (+5,509%), from €458 to €25,695
- Tangible fixed assets +€17,922
new in 2025: €17,922
of which Furniture and vehicles: +€16,528
- Profit (loss) carried forward +€468,254
new in 2025: €468,254
- Tax, wage and social debts +€241,025
up €241,025 (+300%), from €80,270 to €321,295
of which Taxes: +€236,301
- Trade debts +€141,270
up €141,270 (+319%), from €44,224 to €185,494
- Gross operating margin +€551,683
up €551,683 (+263%), from €209,843 to €761,526
- Taxes +€119,625
up €119,625 (+223%), from €53,682 to €173,307
- Other operating charges +€48,663
up €48,663 (+6,305%), from €772 to €49,434
- Write-downs +€28,699
new in 2025: €28,699
- Staff costs +€22,923
up €22,923 (+188%), from €12,170 to €35,093
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 | €288,145 | €1,127,611 | +€839,467 | +291% |
| Fixed assets | 21/28 | €1,690 | €21,942 | +€20,252 | +1,198% |
| Intangible fixed assets | 21 | €1,690 | €3,894 | +€2,204 | +130% |
| Tangible fixed assets | 22/27 | - | €17,922 | +€17,922 | |
| Furniture and vehicles | 24 | - | €16,528 | +€16,528 | |
| Other tangible fixed assets | 26 | - | €1,394 | +€1,394 | |
| Financial fixed assets | 28 | - | €125 | +€125 | |
| Current assets | 29/58 | €286,455 | €1,105,670 | +€819,215 | +286% |
| Amounts receivable within one year | 40/41 | €271,737 | €633,550 | +€361,813 | +133% |
| Trade receivables | 40 | €271,668 | €632,985 | +€361,317 | +133% |
| Other amounts receivable | 41 | €69 | €565 | +€496 | +718% |
| Cash at bank and in hand | 54/58 | €14,259 | €446,425 | +€432,166 | +3,031% |
| Deferred charges and accrued income | 490/1 | €458 | €25,695 | +€25,237 | +5,509% |
| Total equity and liabilities | 10/49 | €288,145 | €1,127,611 | +€839,467 | +291% |
| Equity | 10/15 | €143,414 | €611,667 | +€468,254 | +327% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €142,814 | €142,814 | = | 0.0% |
| Distributable reserves | 133 | €142,814 | €142,814 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €468,254 | +€468,254 | |
| Amounts payable | 17/49 | €144,731 | €515,944 | +€371,213 | +256% |
| Amounts payable within one year | 42/48 | €144,731 | €515,944 | +€371,213 | +256% |
| Trade debts | 44 | €44,224 | €185,494 | +€141,270 | +319% |
| Suppliers | 440/4 | €44,224 | €185,494 | +€141,270 | +319% |
| Taxes, remuneration and social security | 45 | €80,270 | €321,295 | +€241,025 | +300% |
| Taxes | 450/3 | €78,607 | €314,908 | +€236,301 | +301% |
| Remuneration and social security | 454/9 | €1,663 | €6,387 | +€4,724 | +284% |
| Other amounts payable | 47/48 | €20,237 | €9,155 | -€11,082 | -54.8% |
| Remuneration, social security and pensions | 62 | €12,170 | €35,093 | +€22,923 | +188% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235 | €4,394 | +€4,159 | +1,771% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €28,699 | +€28,699 | |
| Other operating charges | 640/8 | €772 | €49,434 | +€48,663 | +6,305% |
| Gross operating margin | 9900 | €209,843 | €761,526 | +€551,683 | +263% |
| Operating profit (loss) | 9901 | €196,666 | €643,905 | +€447,239 | +227% |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €171 | €2,380 | +€2,209 | +1,293% |
| Recurring financial charges | 65 | €171 | €2,380 | +€2,209 | +1,293% |
| Profit (loss) for the period before taxes | 9903 | €196,495 | €641,560 | +€445,065 | +227% |
| Income taxes | 67/77 | €53,682 | €173,307 | +€119,625 | +223% |
| Profit (loss) for the period | 9904 | €142,814 | €468,254 | +€325,440 | +228% |
| Profit (loss) for the period to be appropriated | 9905 | €142,814 | €468,254 | +€325,440 | +228% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.