STIJN VAN LANCKER: 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.
STIJN VAN LANCKER
Largest movements
- Cash +€19,086
up €19,086 (+38.8%), from €49,245 to €68,330
mainly Net result for the year (+€101,798) and Tax, wage and social debts (+€6,611)
- Receivables within one year -€2,250
no longer reported in 2025 (was €2,250)
- Tangible fixed assets -€1,903
down €1,903 (-15.4%), from €12,367 to €10,464
of which Plant, machinery and equipment: -€1,139
- Profit (loss) carried forward +€8,460
up €8,460 (+9.1%), from €93,337 to €101,798
- Tax, wage and social debts +€6,611
up €6,611 (+68.6%), from €9,640 to €16,251
- Other debts +€2,222
up €2,222 (+39.3%), from €5,648 to €7,870
- Trade debts -€1,305
down €1,305 (-60.7%), from €2,151 to €846
- Gross operating margin +€16,316
up €16,316 (+12.6%), from €129,002 to €145,318
- Taxes +€5,586
up €5,586 (+18.3%), from €30,487 to €36,073
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 | €113,342 | €129,333 | +€15,990 | +14.1% |
| Fixed assets | 21/28 | €61,136 | €59,233 | -€1,903 | -3.1% |
| Tangible fixed assets | 22/27 | €12,367 | €10,464 | -€1,903 | -15.4% |
| Plant, machinery and equipment | 23 | €4,571 | €3,433 | -€1,139 | -24.9% |
| Furniture and vehicles | 24 | €3,000 | €3,240 | +€240 | +8.0% |
| Other tangible fixed assets | 26 | €4,795 | €3,791 | -€1,004 | -20.9% |
| Financial fixed assets | 28 | €48,769 | €48,769 | = | 0.0% |
| Current assets | 29/58 | €52,207 | €70,100 | +€17,894 | +34.3% |
| Amounts receivable within one year | 40/41 | €2,250 | - | -€2,250 | |
| Other amounts receivable | 41 | €2,250 | - | -€2,250 | |
| Cash at bank and in hand | 54/58 | €49,245 | €68,330 | +€19,086 | +38.8% |
| Deferred charges and accrued income | 490/1 | €712 | €1,770 | +€1,058 | +149% |
| Total equity and liabilities | 10/49 | €113,342 | €129,333 | +€15,990 | +14.1% |
| Equity | 10/15 | €95,837 | €104,298 | +€8,460 | +8.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,337 | €101,798 | +€8,460 | +9.1% |
| Amounts payable | 17/49 | €17,505 | €25,035 | +€7,530 | +43.0% |
| Amounts payable within one year | 42/48 | €17,439 | €24,968 | +€7,529 | +43.2% |
| Trade debts | 44 | €2,151 | €846 | -€1,305 | -60.7% |
| Suppliers | 440/4 | €2,151 | €846 | -€1,305 | -60.7% |
| Taxes, remuneration and social security | 45 | €9,640 | €16,251 | +€6,611 | +68.6% |
| Taxes | 450/3 | €9,640 | €16,251 | +€6,611 | +68.6% |
| Other amounts payable | 47/48 | €5,648 | €7,870 | +€2,222 | +39.3% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €21,578 | - | -€21,578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,931 | €3,655 | +€724 | +24.7% |
| Other operating charges | 640/8 | €1,597 | €1,001 | -€596 | -37.3% |
| Non-recurring operating charges | 66A | - | €3,570 | +€3,570 | |
| Gross operating margin | 9900 | €129,002 | €145,318 | +€16,316 | +12.6% |
| Operating profit (loss) | 9901 | €124,474 | €137,093 | +€12,618 | +10.1% |
| Financial income | 75/76B | - | €1,249 | +€1,249 | |
| Recurring financial income | 75 | - | €1,249 | +€1,249 | |
| Financial charges | 65/66B | €649 | €471 | -€178 | -27.5% |
| Recurring financial charges | 65 | €649 | €471 | -€178 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €123,825 | €137,871 | +€14,046 | +11.3% |
| Income taxes | 67/77 | €30,487 | €36,073 | +€5,586 | +18.3% |
| Profit (loss) for the period | 9904 | €93,337 | €101,798 | +€8,460 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €93,337 | €101,798 | +€8,460 | +9.1% |
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 18 October 2026 via checked.be.