Pieter van Stee: what changed
Pieter van Stee
Largest movements
- Cash +€25,776
up €25,776 (+156%), from €16,563 to €42,338
mainly Receivables within one year (+€24,800) and Net result for the year (+€19,601)
- Receivables within one year -€24,800
down €24,800 (-78.4%), from €31,632 to €6,831
of which Trade receivables: -€16,599
- Tangible fixed assets -€1,605
down €1,605 (-21.9%), from €7,345 to €5,739
of which Furniture and vehicles: -€3,331
- Profit (loss) carried forward +€19,601
up €19,601 (+1,158%), from €1,692 to €21,293
- Trade debts -€15,695
down €15,695 (-91.0%), from €17,249 to €1,554
- Other debts -€14,083
down €14,083 (-79.9%), from €17,631 to €3,548
- Tax, wage and social debts +€9,418
up €9,418 (+1,021%), from €922 to €10,341
- Gross operating margin +€41,600
up €41,600, from -€14,472 to €27,128
- Depreciation +€2,640
up €2,640 (+108%), from €2,447 to €5,087
- Taxes +€1,215
up €1,215 (+491%), from €247 to €1,462
- Other operating charges -€1,030
down €1,030 (-84.6%), from €1,219 to €188
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,095 | €55,336 | -€759 | -1.4% |
| Fixed assets | 21/28 | €7,346 | €5,740 | -€1,605 | -21.9% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €7,345 | €5,739 | -€1,605 | -21.9% |
| Furniture and vehicles | 24 | €7,345 | €4,014 | -€3,331 | -45.4% |
| Other tangible fixed assets | 26 | - | €1,725 | +€1,725 | |
| Current assets | 29/58 | €48,749 | €49,596 | +€846 | +1.7% |
| Amounts receivable within one year | 40/41 | €31,632 | €6,831 | -€24,800 | -78.4% |
| Trade receivables | 40 | €23,254 | €6,655 | -€16,599 | -71.4% |
| Other amounts receivable | 41 | €8,378 | €176 | -€8,201 | -97.9% |
| Cash at bank and in hand | 54/58 | €16,563 | €42,338 | +€25,776 | +156% |
| Deferred charges and accrued income | 490/1 | €555 | €426 | -€129 | -23.3% |
| Total equity and liabilities | 10/49 | €56,095 | €55,336 | -€759 | -1.4% |
| Equity | 10/15 | €20,292 | €39,893 | +€19,601 | +96.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,692 | €21,293 | +€19,601 | +1,158% |
| Amounts payable | 17/49 | €35,803 | €15,443 | -€20,360 | -56.9% |
| Amounts payable within one year | 42/48 | €35,803 | €15,443 | -€20,360 | -56.9% |
| Trade debts | 44 | €17,249 | €1,554 | -€15,695 | -91.0% |
| Suppliers | 440/4 | €17,249 | €1,554 | -€15,695 | -91.0% |
| Taxes, remuneration and social security | 45 | €922 | €10,341 | +€9,418 | +1,021% |
| Taxes | 450/3 | €922 | €10,341 | +€9,418 | +1,021% |
| Other amounts payable | 47/48 | €17,631 | €3,548 | -€14,083 | -79.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,447 | €5,087 | +€2,640 | +108% |
| Other operating charges | 640/8 | €1,219 | €188 | -€1,030 | -84.6% |
| Gross operating margin | 9900 | -€14,472 | €27,128 | +€41,600 | |
| Operating profit (loss) | 9901 | -€18,137 | €21,852 | +€39,990 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €963 | €795 | -€168 | -17.5% |
| Recurring financial charges | 65 | €963 | €795 | -€168 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,101 | €21,063 | +€40,164 | |
| Income taxes | 67/77 | €247 | €1,462 | +€1,215 | +491% |
| Profit (loss) for the period | 9904 | -€19,348 | €19,601 | +€38,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,348 | €19,601 | +€38,949 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.