Stefanie Van de Perre: what changed
Stefanie Van de Perre
Largest movements
- Cash +€62,866
up €62,866 (+66.9%), from €93,967 to €156,833
mainly Net result for the year (+€51,290) and Other debts (+€5,480)
- Tangible fixed assets -€2,476
down €2,476 (-15.6%), from €15,838 to €13,362
of which Plant, machinery and equipment: -€13,206
- Profit (loss) carried forward +€51,290
up €51,290 (+140%), from €36,706 to €87,996
- Other debts +€5,480
up €5,480 (+90.3%), from €6,068 to €11,548
- Tax, wage and social debts +€4,689
up €4,689 (+46.6%), from €10,069 to €14,758
- Gross operating margin +€14,675
up €14,675 (+26.7%), from €54,975 to €69,650
- Taxes +€3,349
up €3,349 (+28.7%), from €11,650 to €14,999
- Depreciation -€825
down €825 (-25.0%), from €3,300 to €2,475
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 | €110,375 | €170,767 | +€60,392 | +54.7% |
| Fixed assets | 21/28 | €15,838 | €13,362 | -€2,476 | -15.6% |
| Tangible fixed assets | 22/27 | €15,838 | €13,362 | -€2,476 | -15.6% |
| Plant, machinery and equipment | 23 | €13,206 | - | -€13,206 | |
| Furniture and vehicles | 24 | - | €10,731 | +€10,731 | |
| Other tangible fixed assets | 26 | €2,632 | - | -€2,632 | |
| Assets under construction and advance payments | 27 | - | €2,631 | +€2,631 | |
| Current assets | 29/58 | €94,537 | €157,405 | +€62,868 | +66.5% |
| Amounts receivable within one year | 40/41 | €570 | - | -€570 | |
| Trade receivables | 40 | €570 | - | -€570 | |
| Cash at bank and in hand | 54/58 | €93,967 | €156,833 | +€62,866 | +66.9% |
| Deferred charges and accrued income | 490/1 | - | €572 | +€572 | |
| Total equity and liabilities | 10/49 | €110,375 | €170,767 | +€60,392 | +54.7% |
| Equity | 10/15 | €93,171 | €144,461 | +€51,290 | +55.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,465 | €51,465 | = | 0.0% |
| Distributable reserves | 133 | €51,465 | €51,465 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,706 | €87,996 | +€51,290 | +140% |
| Amounts payable | 17/49 | €17,204 | €26,306 | +€9,102 | +52.9% |
| Amounts payable within one year | 42/48 | €17,204 | €26,306 | +€9,102 | +52.9% |
| Trade debts | 44 | €1,067 | - | -€1,067 | |
| Suppliers | 440/4 | €1,067 | - | -€1,067 | |
| Taxes, remuneration and social security | 45 | €10,069 | €14,758 | +€4,689 | +46.6% |
| Taxes | 450/3 | €10,069 | €14,758 | +€4,689 | +46.6% |
| Other amounts payable | 47/48 | €6,068 | €11,548 | +€5,480 | +90.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,300 | €2,475 | -€825 | -25.0% |
| Other operating charges | 640/8 | €861 | €706 | -€155 | -18.0% |
| Gross operating margin | 9900 | €54,975 | €69,650 | +€14,675 | +26.7% |
| Operating profit (loss) | 9901 | €50,814 | €66,469 | +€15,655 | +30.8% |
| Financial charges | 65/66B | €185 | €180 | -€5 | -2.7% |
| Recurring financial charges | 65 | €185 | €180 | -€5 | -2.7% |
| Non-recurring financial charges | 66B | - | €180 | +€180 | |
| Profit (loss) for the period before taxes | 9903 | €50,629 | €66,289 | +€15,660 | +30.9% |
| Income taxes | 67/77 | €11,650 | €14,999 | +€3,349 | +28.7% |
| Profit (loss) for the period | 9904 | €38,979 | €51,290 | +€12,311 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,979 | €51,290 | +€12,311 | +31.6% |
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 4 November 2026 via checked.be.