TINA VANDERSTRAETEN: what changed
TINA VANDERSTRAETEN
Largest movements
- Cash +€33,050
up €33,050 (+154%), from €21,482 to €54,532
mainly Net result for the year (+€20,548) and Depreciation (+€10,361)
- Deferred charges and accrued income +€11,203
up €11,203 (+478%), from €2,344 to €13,546
- Tangible fixed assets -€10,361
down €10,361 (-21.2%), from €48,878 to €38,517
of which Furniture and vehicles: -€9,900
- Receivables within one year -€2,264
down €2,264 (-53.1%), from €4,264 to €2,000
of which Trade receivables: -€4,264
- Reserves +€20,000
up €20,000 (+200%), from €10,000 to €30,000
- Other debts +€5,037
up €5,037 (+9.5%), from €52,988 to €58,025
- Trade debts +€3,835
up €3,835 (+182%), from €2,109 to €5,944
- Tax, wage and social debts +€2,217
up €2,217 (+44.3%), from €5,000 to €7,217
- Gross operating margin +€18,312
up €18,312 (+80.0%), from €22,881 to €41,193
- Depreciation +€7,435
up €7,435 (+254%), from €2,926 to €10,361
- Taxes +€3,217
up €3,217 (+64.3%), from €5,000 to €8,217
- Financial charges +€1,013
up €1,013 (+314%), from €322 to €1,335
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 | €76,967 | €108,595 | +€31,628 | +41.1% |
| Fixed assets | 21/28 | €48,878 | €38,517 | -€10,361 | -21.2% |
| Tangible fixed assets | 22/27 | €48,878 | €38,517 | -€10,361 | -21.2% |
| Furniture and vehicles | 24 | €46,688 | €36,788 | -€9,900 | -21.2% |
| Other tangible fixed assets | 26 | €2,189 | €1,729 | -€461 | -21.0% |
| Current assets | 29/58 | €28,090 | €70,078 | +€41,988 | +149% |
| Amounts receivable within one year | 40/41 | €4,264 | €2,000 | -€2,264 | -53.1% |
| Trade receivables | 40 | €4,264 | €0 | -€4,264 | -100% |
| Other amounts receivable | 41 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €21,482 | €54,532 | +€33,050 | +154% |
| Deferred charges and accrued income | 490/1 | €2,344 | €13,546 | +€11,203 | +478% |
| Total equity and liabilities | 10/49 | €76,967 | €108,595 | +€31,628 | +41.1% |
| Equity | 10/15 | €16,870 | €36,588 | +€19,718 | +117% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €30,000 | +€20,000 | +200% |
| Distributable reserves | 133 | €10,000 | €30,000 | +€20,000 | +200% |
| Profit (loss) carried forward | 14 | €2,870 | €2,588 | -€282 | -9.8% |
| Amounts payable | 17/49 | €60,097 | €72,007 | +€11,910 | +19.8% |
| Amounts payable within one year | 42/48 | €60,097 | €71,185 | +€11,089 | +18.5% |
| Trade debts | 44 | €2,109 | €5,944 | +€3,835 | +182% |
| Suppliers | 440/4 | €2,109 | €5,944 | +€3,835 | +182% |
| Taxes, remuneration and social security | 45 | €5,000 | €7,217 | +€2,217 | +44.3% |
| Taxes | 450/3 | €5,000 | €7,217 | +€2,217 | +44.3% |
| Other amounts payable | 47/48 | €52,988 | €58,025 | +€5,037 | +9.5% |
| Accrued charges and deferred income | 492/3 | - | €821 | +€821 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,926 | €10,361 | +€7,435 | +254% |
| Other operating charges | 640/8 | €933 | €733 | -€199 | -21.4% |
| Gross operating margin | 9900 | €22,881 | €41,193 | +€18,312 | +80.0% |
| Operating profit (loss) | 9901 | €19,023 | €30,099 | +€11,077 | +58.2% |
| Financial charges | 65/66B | €322 | €1,335 | +€1,013 | +314% |
| Recurring financial charges | 65 | €322 | €1,335 | +€1,013 | +314% |
| Profit (loss) for the period before taxes | 9903 | €18,700 | €28,764 | +€10,064 | +53.8% |
| Income taxes | 67/77 | €5,000 | €8,217 | +€3,217 | +64.3% |
| Profit (loss) for the period | 9904 | €13,700 | €20,548 | +€6,847 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,700 | €20,548 | +€6,847 | +50.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.