Chris Van Astele: 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.
Chris Van Astele
Largest movements
- Tangible fixed assets +€122,773
up €122,773 (+96.1%), from €127,735 to €250,508
of which Furniture and vehicles: +€141,325
- Cash -€62,426
down €62,426 (-30.8%), from €202,752 to €140,325
mainly Investment in fixed assets (net) (-€158,202) and Contributions, distributions and other (-€20,000)
- Receivables within one year +€11,172
up €11,172 (+22.1%), from €50,591 to €61,763
of which Trade receivables: +€13,997
- Debts after one year +€66,707
up €66,707 (+1,430%), from €4,666 to €71,373
- Tax, wage and social debts +€6,808
up €6,808 (+66.4%), from €10,251 to €17,059
of which Remuneration and social security: +€4,365
- Trade debts -€5,392
down €5,392 (-44.3%), from €12,177 to €6,785
- Reserves -€5,000
down €5,000 (-5.7%), from €87,000 to €82,000
of which Distributable reserves: -€5,000
- Other debts +€5,000
up €5,000 (+33.3%), from €15,000 to €20,000
- Financial income -€19,894
down €19,894 (-60.9%), from €32,645 to €12,750
of which Non-recurring financial income: -€20,367
- Depreciation +€8,765
up €8,765 (+32.9%), from €26,664 to €35,429
- Gross operating margin +€7,085
up €7,085 (+13.3%), from €53,150 to €60,235
- Taxes -€5,394
down €5,394 (-23.9%), from €22,607 to €17,213
- Financial charges +€1,295
up €1,295 (+91.9%), from €1,409 to €2,703
of which Financial charges: +€1,499
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 | €396,452 | €464,681 | +€68,229 | +17.2% |
| Fixed assets | 21/28 | €127,735 | €250,508 | +€122,773 | +96.1% |
| Tangible fixed assets | 22/27 | €127,735 | €250,508 | +€122,773 | +96.1% |
| Land and buildings | 22 | €93,054 | €81,331 | -€11,722 | -12.6% |
| Plant, machinery and equipment | 23 | €22,681 | €15,852 | -€6,829 | -30.1% |
| Furniture and vehicles | 24 | €12,001 | €153,325 | +€141,325 | +1,178% |
| Current assets | 29/58 | €268,718 | €214,173 | -€54,544 | -20.3% |
| Stocks and contracts in progress | 3 | €14,750 | €12,085 | -€2,665 | -18.1% |
| Stocks | 30/36 | €7,250 | €7,085 | -€165 | -2.3% |
| Contracts in progress | 37 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Amounts receivable within one year | 40/41 | €50,591 | €61,763 | +€11,172 | +22.1% |
| Trade receivables | 40 | €47,723 | €61,720 | +€13,997 | +29.3% |
| Other amounts receivable | 41 | €2,868 | €43 | -€2,825 | -98.5% |
| Cash at bank and in hand | 54/58 | €202,752 | €140,325 | -€62,426 | -30.8% |
| Deferred charges and accrued income | 490/1 | €625 | - | -€625 | |
| Total equity and liabilities | 10/49 | €396,452 | €464,681 | +€68,229 | +17.2% |
| Equity | 10/15 | €329,047 | €324,464 | -€4,583 | -1.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Share premium | 1100/10 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €87,000 | €82,000 | -€5,000 | -5.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €80,000 | -€5,000 | -5.9% |
| Profit (loss) carried forward | 14 | €222,047 | €222,464 | +€417 | +0.2% |
| Amounts payable | 17/49 | €67,405 | €140,217 | +€72,812 | +108% |
| Amounts payable after more than one year | 17 | €4,666 | €71,373 | +€66,707 | +1,430% |
| Financial debts | 170/4 | €4,666 | €71,373 | +€66,707 | +1,430% |
| Amounts payable within one year | 42/48 | €62,739 | €68,844 | +€6,105 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €25,312 | €25,000 | -€311 | -1.2% |
| Trade debts | 44 | €12,177 | €6,785 | -€5,392 | -44.3% |
| Suppliers | 440/4 | €12,177 | €6,785 | -€5,392 | -44.3% |
| Taxes, remuneration and social security | 45 | €10,251 | €17,059 | +€6,808 | +66.4% |
| Taxes | 450/3 | €10,251 | €12,694 | +€2,443 | +23.8% |
| Remuneration and social security | 454/9 | - | €4,365 | +€4,365 | |
| Other amounts payable | 47/48 | €15,000 | €20,000 | +€5,000 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,664 | €35,429 | +€8,765 | +32.9% |
| Other operating charges | 640/8 | €1,959 | €2,223 | +€264 | +13.5% |
| Gross operating margin | 9900 | €53,150 | €60,235 | +€7,085 | +13.3% |
| Operating profit (loss) | 9901 | €24,527 | €22,583 | -€1,944 | -7.9% |
| Financial income | 75/76B | €32,645 | €12,750 | -€19,894 | -60.9% |
| Recurring financial income | 75 | €133 | €605 | +€472 | +355% |
| Non-recurring financial income | 76B | €32,512 | €12,145 | -€20,367 | -62.6% |
| Financial charges | 65/66B | €1,409 | €2,703 | +€1,295 | +91.9% |
| Recurring financial charges | 65 | €1,205 | €2,703 | +€1,499 | +124% |
| Non-recurring financial charges | 66B | €204 | - | -€204 | |
| Profit (loss) for the period before taxes | 9903 | €55,763 | €32,630 | -€23,133 | -41.5% |
| Income taxes | 67/77 | €22,607 | €17,213 | -€5,394 | -23.9% |
| Profit (loss) for the period | 9904 | €33,156 | €15,417 | -€17,739 | -53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,156 | €15,417 | -€17,739 | -53.5% |
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 20 October 2026 via checked.be.