Johan F. Vansteenkiste: what changed
Johan F. Vansteenkiste
Largest movements
- Cash -€11,315
down €11,315 (-35.9%), from €31,550 to €20,235
mainly Net result for the year (-€9,421) and Other debts (-€9,068)
- Tangible fixed assets -€10,491
down €10,491 (-52.3%), from €20,060 to €9,569
- Receivables within one year +€1,595
up €1,595 (+64.3%), from €2,482 to €4,077
of which Trade receivables: +€1,040
- Profit (loss) carried forward -€9,421
down €9,421 (-541%), from -€1,741 to -€11,162
- Other debts -€9,068
down €9,068 (-19.9%), from €45,478 to €36,410
- Trade debts -€2,512
down €2,512 (-80.0%), from €3,138 to €626
- Gross operating margin -€12,463
down €12,463 (-85.8%), from €14,533 to €2,070
- Financial income +€4,027
up €4,027 (+4,229%), from €95 to €4,122
- Taxes -€818
down €818 (-100%), from €818 to €0
- Financial charges +€794
up €794 (+22.8%), from €3,484 to €4,278
- Other operating charges -€419
down €419 (-33.2%), from €1,262 to €843
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 | €115,114 | €94,925 | -€20,189 | -17.5% |
| Fixed assets | 21/28 | €20,060 | €9,569 | -€10,491 | -52.3% |
| Tangible fixed assets | 22/27 | €20,060 | €9,569 | -€10,491 | -52.3% |
| Furniture and vehicles | 24 | €20,060 | €9,569 | -€10,491 | -52.3% |
| Current assets | 29/58 | €95,054 | €85,356 | -€9,697 | -10.2% |
| Amounts receivable within one year | 40/41 | €2,482 | €4,077 | +€1,595 | +64.3% |
| Trade receivables | 40 | €1,800 | €2,840 | +€1,040 | +57.8% |
| Other amounts receivable | 41 | €682 | €1,237 | +€555 | +81.4% |
| Current investments | 50/53 | €60,642 | €60,642 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,550 | €20,235 | -€11,315 | -35.9% |
| Deferred charges and accrued income | 490/1 | €380 | €403 | +€23 | +6.1% |
| Total equity and liabilities | 10/49 | €115,114 | €94,925 | -€20,189 | -17.5% |
| Equity | 10/15 | €62,558 | €53,138 | -€9,421 | -15.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €54,300 | €54,300 | = | 0.0% |
| Distributable reserves | 133 | €54,300 | €54,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,741 | -€11,162 | -€9,421 | -541% |
| Amounts payable | 17/49 | €52,556 | €41,788 | -€10,768 | -20.5% |
| Amounts payable within one year | 42/48 | €48,616 | €37,036 | -€11,580 | -23.8% |
| Trade debts | 44 | €3,138 | €626 | -€2,512 | -80.0% |
| Suppliers | 440/4 | €3,138 | €626 | -€2,512 | -80.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €45,478 | €36,410 | -€9,068 | -19.9% |
| Accrued charges and deferred income | 492/3 | €3,939 | €4,752 | +€812 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,805 | €10,491 | -€313 | -2.9% |
| Other operating charges | 640/8 | €1,262 | €843 | -€419 | -33.2% |
| Gross operating margin | 9900 | €14,533 | €2,070 | -€12,463 | -85.8% |
| Operating profit (loss) | 9901 | €2,466 | -€9,264 | -€11,730 | |
| Financial income | 75/76B | €95 | €4,122 | +€4,027 | +4,229% |
| Recurring financial income | 75 | €95 | €4,122 | +€4,027 | +4,229% |
| Financial charges | 65/66B | €3,484 | €4,278 | +€794 | +22.8% |
| Recurring financial charges | 65 | €3,484 | €4,278 | +€794 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | -€923 | -€9,421 | -€8,498 | -921% |
| Income taxes | 67/77 | €818 | €0 | -€818 | -100% |
| Profit (loss) for the period | 9904 | -€1,741 | -€9,421 | -€7,679 | -441% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,741 | -€9,421 | -€7,679 | -441% |
Next steps
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 6 November 2026 via checked.be.