STAALCONSTRUCTIES VANDERSTEEN: 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.
STAALCONSTRUCTIES VANDERSTEEN
Largest movements
- Cash +€24,453
up €24,453 (+46.9%), from €52,123 to €76,575
mainly Net result for the year (+€23,258) and Other debts (+€21,524)
- Tangible fixed assets -€11,918
down €11,918 (-22.7%), from €52,562 to €40,644
of which Furniture and vehicles: -€12,334
- Receivables within one year +€6,515
up €6,515 (+22.8%), from €28,621 to €35,136
of which Trade receivables: +€5,985
- Other debts +€21,524
up €21,524 (+1,155%), from €1,863 to €23,386
- Profit (loss) carried forward +€8,443
no longer reported in 2025 (was -€8,443)
- Tax, wage and social debts +€6,979
up €6,979 (+1,110%), from €629 to €7,608
- Reserves -€6,770
down €6,770 (-5.8%), from €117,029 to €110,259
of which Distributable reserves: -€6,770
- Trade debts -€6,259
down €6,259 (-89.3%), from €7,006 to €747
- Gross operating margin +€42,651
up €42,651 (+862%), from €4,949 to €47,601
- Taxes +€7,531
up €7,531 (+9,829%), from €77 to €7,608
- Other operating charges +€1,395
up €1,395 (+422%), from €330 to €1,725
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 | €135,600 | €154,400 | +€18,800 | +13.9% |
| Fixed assets | 21/28 | €52,562 | €40,644 | -€11,918 | -22.7% |
| Tangible fixed assets | 22/27 | €52,562 | €40,644 | -€11,918 | -22.7% |
| Plant, machinery and equipment | 23 | - | €975 | +€975 | |
| Furniture and vehicles | 24 | €45,194 | €32,859 | -€12,334 | -27.3% |
| Other tangible fixed assets | 26 | €7,369 | €6,809 | -€559 | -7.6% |
| Current assets | 29/58 | €83,038 | €113,756 | +€30,718 | +37.0% |
| Stocks and contracts in progress | 3 | €1,368 | €1,185 | -€184 | -13.4% |
| Stocks | 30/36 | €1,368 | €1,185 | -€184 | -13.4% |
| Amounts receivable within one year | 40/41 | €28,621 | €35,136 | +€6,515 | +22.8% |
| Trade receivables | 40 | €23,702 | €29,687 | +€5,985 | +25.3% |
| Other amounts receivable | 41 | €4,919 | €5,449 | +€530 | +10.8% |
| Cash at bank and in hand | 54/58 | €52,123 | €76,575 | +€24,453 | +46.9% |
| Deferred charges and accrued income | 490/1 | €926 | €860 | -€67 | -7.2% |
| Total equity and liabilities | 10/49 | €135,600 | €154,400 | +€18,800 | +13.9% |
| Equity | 10/15 | €120,986 | €122,659 | +€1,673 | +1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €117,029 | €110,259 | -€6,770 | -5.8% |
| Tax-exempt reserves | 132 | €17,327 | €17,327 | = | 0.0% |
| Distributable reserves | 133 | €99,702 | €92,932 | -€6,770 | -6.8% |
| Profit (loss) carried forward | 14 | -€8,443 | - | +€8,443 | |
| Amounts payable | 17/49 | €14,614 | €31,741 | +€17,127 | +117% |
| Amounts payable within one year | 42/48 | €13,890 | €31,741 | +€17,851 | +129% |
| Current portion of amounts payable after more than one year | 42 | €2,627 | - | -€2,627 | |
| Financial debts | 43 | €1,765 | - | -€1,765 | |
| Credit institutions | 430/8 | €1,765 | - | -€1,765 | |
| Trade debts | 44 | €7,006 | €747 | -€6,259 | -89.3% |
| Suppliers | 440/4 | €7,006 | €747 | -€6,259 | -89.3% |
| Taxes, remuneration and social security | 45 | €629 | €7,608 | +€6,979 | +1,110% |
| Taxes | 450/3 | €629 | €7,608 | +€6,979 | +1,110% |
| Other amounts payable | 47/48 | €1,863 | €23,386 | +€21,524 | +1,155% |
| Accrued charges and deferred income | 492/3 | €724 | - | -€724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,509 | €14,696 | +€187 | +1.3% |
| Other operating charges | 640/8 | €330 | €1,725 | +€1,395 | +422% |
| Gross operating margin | 9900 | €4,949 | €47,601 | +€42,651 | +862% |
| Operating profit (loss) | 9901 | -€9,890 | €31,180 | +€41,070 | |
| Financial income | 75/76B | €37 | €1 | -€36 | -98.5% |
| Recurring financial income | 75 | €37 | €1 | -€36 | -98.5% |
| Financial charges | 65/66B | €373 | €314 | -€59 | -15.8% |
| Recurring financial charges | 65 | €373 | €314 | -€59 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,226 | €30,866 | +€41,092 | |
| Income taxes | 67/77 | €77 | €7,608 | +€7,531 | +9,829% |
| Profit (loss) for the period | 9904 | -€10,303 | €23,258 | +€33,561 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,303 | €23,258 | +€33,561 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.