H DE ST-ONGE IV: what changed
H DE ST-ONGE IV
Largest movements
- Cash +€34,817
up €34,817 (+30.1%), from €115,778 to €150,595
mainly Other debts (+€87,563) and Net result for the year (+€55,240)
- Receivables within one year +€26,925
up €26,925 (+66.8%), from €40,304 to €67,230
of which Trade receivables: +€21,425
- Current investments +€6,843
up €6,843 (+1.7%), from €393,437 to €400,280
- Profit (loss) carried forward -€94,760
down €94,760 (-21.5%), from €439,817 to €345,057
- Other debts +€87,563
up €87,563 (+322%), from €27,203 to €114,766
- Reserves +€50,000
up €50,000 (+2,688%), from €1,860 to €51,860
of which Non-distributable reserves: +€50,000
- Trade debts +€21,022
up €21,022 (+34.9%), from €60,276 to €81,298
- Turnover -€205,831
no longer reported in 2025 (was €205,831)
- Purchases and services -€82,566
no longer reported in 2025 (was €82,566)
- Gross operating margin -€58,998
down €58,998 (-47.9%), from €123,265 to €64,267
- Taxes -€12,503
down €12,503 (-31.4%), from €39,799 to €27,296
- Financial charges +€8,072
up €8,072 (+2,082%), from €388 to €8,459
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €560,214 | €626,899 | +€66,686 | +11.9% |
| Fixed assets | 21/28 | €10,694 | €8,794 | -€1,900 | -17.8% |
| Tangible fixed assets | 22/27 | €10,694 | €8,794 | -€1,900 | -17.8% |
| Plant, machinery and equipment | 23 | €0 | €525 | +€525 | |
| Furniture and vehicles | 24 | €10,694 | €8,269 | -€2,425 | -22.7% |
| Current assets | 29/58 | €549,519 | €618,105 | +€68,586 | +12.5% |
| Amounts receivable within one year | 40/41 | €40,304 | €67,230 | +€26,925 | +66.8% |
| Trade receivables | 40 | €40,304 | €61,730 | +€21,425 | +53.2% |
| Other amounts receivable | 41 | €0 | €5,500 | +€5,500 | |
| Current investments | 50/53 | €393,437 | €400,280 | +€6,843 | +1.7% |
| Cash at bank and in hand | 54/58 | €115,778 | €150,595 | +€34,817 | +30.1% |
| Total equity and liabilities | 10/49 | €560,214 | €626,899 | +€66,686 | +11.9% |
| Equity | 10/15 | €460,277 | €415,517 | -€44,760 | -9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €51,860 | +€50,000 | +2,688% |
| Non-distributable reserves | 130/1 | €1,860 | €51,860 | +€50,000 | +2,688% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Own shares acquired | 1312 | - | €0 | = | |
| Other | 1319 | - | €50,000 | +€50,000 | |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | €439,817 | €345,057 | -€94,760 | -21.5% |
| Amounts payable | 17/49 | €99,937 | €211,383 | +€111,446 | +112% |
| Amounts payable within one year | 42/48 | €99,937 | €211,383 | +€111,446 | +112% |
| Trade debts | 44 | €60,276 | €81,298 | +€21,022 | +34.9% |
| Suppliers | 440/4 | €60,276 | €81,298 | +€21,022 | +34.9% |
| Taxes, remuneration and social security | 45 | €12,458 | €15,318 | +€2,861 | +23.0% |
| Taxes | 450/3 | €12,458 | €15,318 | +€2,861 | +23.0% |
| Other amounts payable | 47/48 | €27,203 | €114,766 | +€87,563 | +322% |
| Turnover | 70 | €205,831 | - | -€205,831 | |
| Goods, raw materials, services and sundry goods | 60/61 | €82,566 | - | -€82,566 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,817 | €3,269 | +€452 | +16.0% |
| Other operating charges | 640/8 | €5,839 | €5,450 | -€389 | -6.7% |
| Gross operating margin | 9900 | €123,265 | €64,267 | -€58,998 | -47.9% |
| Operating profit (loss) | 9901 | €114,609 | €55,548 | -€59,061 | -51.5% |
| Financial income | 75/76B | €35,324 | €35,447 | +€122 | +0.3% |
| Recurring financial income | 75 | €35,324 | €35,447 | +€122 | +0.3% |
| Financial charges | 65/66B | €388 | €8,459 | +€8,072 | +2,082% |
| Recurring financial charges | 65 | €388 | €8,459 | +€8,072 | +2,082% |
| Profit (loss) for the period before taxes | 9903 | €149,546 | €82,536 | -€67,010 | -44.8% |
| Income taxes | 67/77 | €39,799 | €27,296 | -€12,503 | -31.4% |
| Profit (loss) for the period | 9904 | €109,747 | €55,240 | -€54,507 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €109,747 | €55,240 | -€54,507 | -49.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.