Filip Verstraeten: what changed
What changed
Filip Verstraeten
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€69,531
2024 · €67,666+€1,866
Equity
€192,311
2024 · €122,780+€69,531
Cash
€216,414
2024 · €148,597+€67,817
Balance sheet total
€218,683
2024 · €149,480+€69,203
Largest movements
Assets
- Cash +€67,817
up €67,817 (+45.6%), from €148,597 to €216,414
mainly Net result for the year (+€69,531) and Tax, wage and social debts (+€703)
Equity and liabilities
- Reserves +€69,531
up €69,531 (+64.5%), from €107,780 to €177,311
Income statement
- Gross operating margin +€1,989
up €1,989 (+2.3%), from €86,295 to €88,284
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
€67,666
Gross operating margin
+€1,989
Depreciation
-€218
Other operating charges
-€14
Financial charges
+€341
Taxes
-€232
Result 2025
€69,531
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
+€70,006
Investment
-€1,540
Financing
-€649
Cash 2024
€148,597
From operations (derived)
+€70,006
Net result for the year
+€69,531
Depreciation
+€218
Smaller working-capital items
-€40
Trade debts
-€406
Tax, wage and social debts
+€703
Investment (derived)
-€1,540
Investment in fixed assets (net)
-€1,540
Financing
-€649
Short-term financial debts
-€649
Cash 2025
€216,414
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,480 | €218,683 | +€69,203 | +46.3% |
| Fixed assets | 21/28 | - | €1,322 | +€1,322 | |
| Tangible fixed assets | 22/27 | - | €1,322 | +€1,322 | |
| Furniture and vehicles | 24 | - | €1,322 | +€1,322 | |
| Current assets | 29/58 | €149,480 | €217,361 | +€67,881 | +45.4% |
| Cash at bank and in hand | 54/58 | €148,597 | €216,414 | +€67,817 | +45.6% |
| Deferred charges and accrued income | 490/1 | €883 | €947 | +€64 | +7.2% |
| Total equity and liabilities | 10/49 | €149,480 | €218,683 | +€69,203 | +46.3% |
| Equity | 10/15 | €122,780 | €192,311 | +€69,531 | +56.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €107,780 | €177,311 | +€69,531 | +64.5% |
| Distributable reserves | 133 | €107,780 | €177,311 | +€69,531 | +64.5% |
| Amounts payable | 17/49 | €26,700 | €26,372 | -€328 | -1.2% |
| Amounts payable within one year | 42/48 | €26,700 | €26,372 | -€328 | -1.2% |
| Financial debts | 43 | €649 | €0 | -€649 | -100% |
| Credit institutions | 430/8 | €649 | €0 | -€649 | -100% |
| Trade debts | 44 | €846 | €440 | -€406 | -48.0% |
| Suppliers | 440/4 | €846 | €440 | -€406 | -48.0% |
| Taxes, remuneration and social security | 45 | €25,171 | €25,874 | +€703 | +2.8% |
| Taxes | 450/3 | €25,171 | €25,874 | +€703 | +2.8% |
| Other amounts payable | 47/48 | €34 | €58 | +€24 | +70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €218 | +€218 | |
| Other operating charges | 640/8 | €49 | €64 | +€14 | +28.9% |
| Gross operating margin | 9900 | €86,295 | €88,284 | +€1,989 | +2.3% |
| Operating profit (loss) | 9901 | €86,245 | €88,002 | +€1,757 | +2.0% |
| Financial charges | 65/66B | €843 | €503 | -€341 | -40.4% |
| Recurring financial charges | 65 | €843 | €503 | -€341 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €85,402 | €87,499 | +€2,097 | +2.5% |
| Income taxes | 67/77 | €17,736 | €17,968 | +€232 | +1.3% |
| Profit (loss) for the period | 9904 | €67,666 | €69,531 | +€1,866 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,666 | €69,531 | +€1,866 | +2.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.