JOS VAN STEENWINKEL: 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.
JOS VAN STEENWINKEL
Largest movements
- Tangible fixed assets +€58,978
up €58,978 (+32.4%), from €182,049 to €241,027
of which Furniture and vehicles: +€45,665
- Cash -€34,087
down €34,087 (-15.3%), from €222,372 to €188,285
mainly Investment in fixed assets (net) (-€121,412) and Tax, wage and social debts (-€34,732)
- Receivables within one year -€29,154
down €29,154 (-42.7%), from €68,227 to €39,073
of which Other amounts receivable: -€40,965
- Deferred charges and accrued income +€8,487
up €8,487 (+705%), from €1,204 to €9,691
- Tax, wage and social debts -€34,732
down €34,732 (-41.7%), from €83,264 to €48,532
- Reserves +€17,940
up €17,940 (+16.7%), from €107,542 to €125,481
- Accrued charges and deferred income +€14,961
up €14,961 (+162%), from €9,251 to €24,213
- Staff costs +€54,881
up €54,881 (+369%), from €14,887 to €69,767
- Taxes -€34,806
down €34,806 (-73.9%), from €47,116 to €12,311
- Gross operating margin -€23,733
down €23,733 (-10.9%), from €217,160 to €193,427
- Other operating charges +€23,138
up €23,138 (+1,965%), from €1,178 to €24,316
- Depreciation +€10,564
up €10,564 (+20.4%), from €51,869 to €62,434
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 | €483,177 | €483,076 | -€101 | 0.0% |
| Fixed assets | 21/28 | €182,049 | €241,027 | +€58,978 | +32.4% |
| Tangible fixed assets | 22/27 | €182,049 | €241,027 | +€58,978 | +32.4% |
| Land and buildings | 22 | €42,837 | €38,490 | -€4,347 | -10.1% |
| Plant, machinery and equipment | 23 | €124,264 | €141,924 | +€17,660 | +14.2% |
| Furniture and vehicles | 24 | €14,948 | €60,612 | +€45,665 | +305% |
| Current assets | 29/58 | €301,128 | €242,049 | -€59,079 | -19.6% |
| Stocks and contracts in progress | 3 | €9,325 | €5,000 | -€4,325 | -46.4% |
| Stocks | 30/36 | €9,325 | €5,000 | -€4,325 | -46.4% |
| Amounts receivable within one year | 40/41 | €68,227 | €39,073 | -€29,154 | -42.7% |
| Trade receivables | 40 | €27,061 | €38,872 | +€11,811 | +43.6% |
| Other amounts receivable | 41 | €41,166 | €201 | -€40,965 | -99.5% |
| Cash at bank and in hand | 54/58 | €222,372 | €188,285 | -€34,087 | -15.3% |
| Deferred charges and accrued income | 490/1 | €1,204 | €9,691 | +€8,487 | +705% |
| Total equity and liabilities | 10/49 | €483,177 | €483,076 | -€101 | 0.0% |
| Equity | 10/15 | €187,074 | €205,014 | +€17,940 | +9.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Contributions outside capital | 11 | €70,000 | - | -€70,000 | |
| Other | 1109/19 | €70,000 | - | -€70,000 | |
| Reserves | 13 | €107,542 | €125,481 | +€17,940 | +16.7% |
| Distributable reserves | 133 | €107,542 | €125,481 | +€17,940 | +16.7% |
| Profit (loss) carried forward | 14 | €9,532 | €9,532 | = | 0.0% |
| Amounts payable | 17/49 | €296,103 | €278,062 | -€18,041 | -6.1% |
| Amounts payable within one year | 42/48 | €286,852 | €253,849 | -€33,002 | -11.5% |
| Trade debts | 44 | €3,917 | €1,405 | -€2,512 | -64.1% |
| Suppliers | 440/4 | €3,917 | €1,405 | -€2,512 | -64.1% |
| Taxes, remuneration and social security | 45 | €83,264 | €48,532 | -€34,732 | -41.7% |
| Taxes | 450/3 | €83,264 | €48,532 | -€34,732 | -41.7% |
| Other amounts payable | 47/48 | €199,671 | €203,913 | +€4,242 | +2.1% |
| Accrued charges and deferred income | 492/3 | €9,251 | €24,213 | +€14,961 | +162% |
| Non-recurring operating income | 76A | €2 | - | -€2 | |
| Remuneration, social security and pensions | 62 | €14,887 | €69,767 | +€54,881 | +369% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,869 | €62,434 | +€10,564 | +20.4% |
| Other operating charges | 640/8 | €1,178 | €24,316 | +€23,138 | +1,965% |
| Non-recurring operating charges | 66A | €150 | €900 | +€750 | +500% |
| Gross operating margin | 9900 | €217,160 | €193,427 | -€23,733 | -10.9% |
| Operating profit (loss) | 9901 | €149,077 | €36,010 | -€113,067 | -75.8% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €4,033 | €5,760 | +€1,727 | +42.8% |
| Recurring financial charges | 65 | €4,033 | €5,760 | +€1,727 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €145,047 | €30,250 | -€114,796 | -79.1% |
| Income taxes | 67/77 | €47,116 | €12,311 | -€34,806 | -73.9% |
| Profit (loss) for the period | 9904 | €97,930 | €17,940 | -€79,991 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,930 | €17,940 | -€79,991 | -81.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.