RUDI VAN STAPPEN: what changed
RUDI VAN STAPPEN
Largest movements
- Cash -€72,993
down €72,993 (-29.5%), from €247,043 to €174,051
mainly Current investments (-€37,959) and Net result for the year (-€23,436)
- Current investments +€37,959
up €37,959 (+10.4%), from €364,584 to €402,543
- Tangible fixed assets -€9,584
down €9,584 (-25.1%), from €38,256 to €28,672
- Reserves -€23,436
down €23,436 (-3.5%), from €667,010 to €643,573
- Tax, wage and social debts -€12,585
no longer reported in 2025 (was €12,585)
of which Taxes: -€8,792
- Financial income -€296,380
down €296,380 (-96.9%), from €305,798 to €9,418
of which Non-recurring financial income: -€301,760
- Gross operating margin -€76,621
down €76,621, from €61,420 to -€15,201
- Taxes -€35,424
down €35,424 (-92.2%), from €38,440 to €3,016
- Staff costs -€21,780
down €21,780 (-92.9%), from €23,442 to €1,661
- Financial charges +€2,172
up €2,172 (+638%), from €341 to €2,513
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 | €703,311 | €660,877 | -€42,434 | -6.0% |
| Fixed assets | 21/28 | €38,256 | €28,672 | -€9,584 | -25.1% |
| Tangible fixed assets | 22/27 | €38,256 | €28,672 | -€9,584 | -25.1% |
| Furniture and vehicles | 24 | €38,256 | €28,672 | -€9,584 | -25.1% |
| Current assets | 29/58 | €665,054 | €632,205 | -€32,850 | -4.9% |
| Amounts receivable within one year | 40/41 | €52,082 | €54,056 | +€1,974 | +3.8% |
| Other amounts receivable | 41 | €52,082 | €54,056 | +€1,974 | +3.8% |
| Current investments | 50/53 | €364,584 | €402,543 | +€37,959 | +10.4% |
| Cash at bank and in hand | 54/58 | €247,043 | €174,051 | -€72,993 | -29.5% |
| Deferred charges and accrued income | 490/1 | €1,346 | €1,555 | +€209 | +15.6% |
| Total equity and liabilities | 10/49 | €703,311 | €660,877 | -€42,434 | -6.0% |
| Equity | 10/15 | €679,410 | €655,973 | -€23,436 | -3.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €667,010 | €643,573 | -€23,436 | -3.5% |
| Distributable reserves | 133 | €667,010 | €643,573 | -€23,436 | -3.5% |
| Amounts payable | 17/49 | €23,901 | €4,904 | -€18,998 | -79.5% |
| Amounts payable within one year | 42/48 | €23,901 | €4,904 | -€18,998 | -79.5% |
| Trade debts | 44 | €2,419 | €404 | -€2,015 | -83.3% |
| Suppliers | 440/4 | €2,419 | €404 | -€2,015 | -83.3% |
| Taxes, remuneration and social security | 45 | €12,585 | - | -€12,585 | |
| Taxes | 450/3 | €8,792 | - | -€8,792 | |
| Remuneration and social security | 454/9 | €3,793 | - | -€3,793 | |
| Other amounts payable | 47/48 | €8,897 | €4,500 | -€4,397 | -49.4% |
| Non-recurring operating income | 76A | €9,650 | - | -€9,650 | |
| Remuneration, social security and pensions | 62 | €23,442 | €1,661 | -€21,780 | -92.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,467 | €9,584 | +€2,117 | +28.4% |
| Other operating charges | 640/8 | €45 | €879 | +€834 | +1,856% |
| Gross operating margin | 9900 | €61,420 | -€15,201 | -€76,621 | |
| Operating profit (loss) | 9901 | €30,466 | -€27,325 | -€57,791 | |
| Financial income | 75/76B | €305,798 | €9,418 | -€296,380 | -96.9% |
| Recurring financial income | 75 | €4,038 | €9,418 | +€5,380 | +133% |
| Non-recurring financial income | 76B | €301,760 | - | -€301,760 | |
| Financial charges | 65/66B | €341 | €2,513 | +€2,172 | +638% |
| Recurring financial charges | 65 | €341 | €2,513 | +€2,172 | +638% |
| Profit (loss) for the period before taxes | 9903 | €335,923 | -€20,420 | -€356,343 | |
| Income taxes | 67/77 | €38,440 | €3,016 | -€35,424 | -92.2% |
| Profit (loss) for the period | 9904 | €297,483 | -€23,436 | -€320,919 | |
| Profit (loss) for the period to be appropriated | 9905 | €297,483 | -€23,436 | -€320,919 |
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.