VAN DER STRAETEN: 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.
VAN DER STRAETEN
Largest movements
- Cash +€411,494
up €411,494 (+252%), from €163,487 to €574,981
- Stocks and contracts -€176,435
down €176,435 (-100%), from €176,435 to €0
- Reserves +€273,560
up €273,560 (+267%), from €102,415 to €375,975
of which Distributable reserves: +€273,560
- Other debts -€32,760
down €32,760 (-20.1%), from €163,342 to €130,582
- Trade debts -€11,811
down €11,811 (-100%), from €11,811 to €0
- Gross operating margin +€371,290
up €371,290 (+859%), from €43,220 to €414,510
- Taxes +€118,247
up €118,247 (+1,214%), from €9,743 to €127,990
From the 2024 result to the 2026 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €347,578 | €578,678 | +€231,100 | +66.5% |
| Fixed assets | 21/28 | €3,982 | €0 | -€3,982 | -100% |
| Tangible fixed assets | 22/27 | €3,982 | €0 | -€3,982 | -100% |
| Plant, machinery and equipment | 23 | €2,940 | €0 | -€2,940 | -100% |
| Furniture and vehicles | 24 | €1,041 | €0 | -€1,041 | -100% |
| Current assets | 29/58 | €343,597 | €578,678 | +€235,082 | +68.4% |
| Stocks and contracts in progress | 3 | €176,435 | €0 | -€176,435 | -100% |
| Stocks | 30/36 | €176,435 | €0 | -€176,435 | -100% |
| Amounts receivable within one year | 40/41 | €3,342 | €3,387 | +€45 | +1.3% |
| Trade receivables | 40 | €54 | €0 | -€54 | -100% |
| Other amounts receivable | 41 | €3,288 | €3,387 | +€99 | +3.0% |
| Cash at bank and in hand | 54/58 | €163,487 | €574,981 | +€411,494 | +252% |
| Deferred charges and accrued income | 490/1 | €332 | €310 | -€22 | -6.7% |
| Total equity and liabilities | 10/49 | €347,578 | €578,678 | +€231,100 | +66.5% |
| Equity | 10/15 | €164,415 | €437,975 | +€273,560 | +166% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €102,415 | €375,975 | +€273,560 | +267% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €96,215 | €369,775 | +€273,560 | +284% |
| Provisions and deferred taxes | 16 | - | €1,500 | +€1,500 | |
| Provisions for liabilities and charges | 160/5 | - | €1,500 | +€1,500 | |
| Environmental obligations | 163 | - | €1,500 | +€1,500 | |
| Amounts payable | 17/49 | €183,164 | €139,204 | -€43,960 | -24.0% |
| Amounts payable within one year | 42/48 | €182,299 | €134,587 | -€47,712 | -26.2% |
| Trade debts | 44 | €11,811 | €0 | -€11,811 | -100% |
| Suppliers | 440/4 | €11,811 | €0 | -€11,811 | -100% |
| Taxes, remuneration and social security | 45 | €7,146 | €4,005 | -€3,141 | -44.0% |
| Taxes | 450/3 | €7,146 | €4,005 | -€3,141 | -44.0% |
| Other amounts payable | 47/48 | €163,342 | €130,582 | -€32,760 | -20.1% |
| Accrued charges and deferred income | 492/3 | €865 | €4,617 | +€3,752 | +434% |
| Non-recurring operating income | 76A | - | €503 | +€503 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,733 | €0 | -€1,733 | -100% |
| Non-recurring operating charges | 66A | - | €1,485 | +€1,485 | |
| Gross operating margin | 9900 | €43,220 | €414,510 | +€371,290 | +859% |
| Operating profit (loss) | 9901 | €41,487 | €413,025 | +€371,538 | +896% |
| Financial income | 75/76B | €105 | €2,176 | +€2,072 | +1,982% |
| Recurring financial income | 75 | €105 | €2,176 | +€2,072 | +1,982% |
| Financial charges | 65/66B | €11,292 | €13,652 | +€2,360 | +20.9% |
| Recurring financial charges | 65 | €11,292 | €13,652 | +€2,360 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €30,300 | €401,550 | +€371,250 | +1,225% |
| Income taxes | 67/77 | €9,743 | €127,990 | +€118,247 | +1,214% |
| Profit (loss) for the period | 9904 | €20,557 | €273,560 | +€253,003 | +1,231% |
| Profit (loss) for the period to be appropriated | 9905 | €20,557 | €273,560 | +€253,003 | +1,231% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.