VAN ROIE STEFAN: 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 ROIE STEFAN
Largest movements
- Cash -€7,658
down €7,658 (-38.7%), from €19,797 to €12,140
mainly Tax, wage and social debts (-€8,379) and Trade debts (-€3,622)
- Receivables within one year -€7,200
down €7,200 (-23.6%), from €30,503 to €23,303
of which Trade receivables: -€7,200
- Tangible fixed assets -€1,187
down €1,187 (-33.3%), from €3,561 to €2,374
- Tax, wage and social debts -€8,379
down €8,379 (-88.0%), from €9,524 to €1,145
- Trade debts -€3,622
down €3,622 (-99.1%), from €3,655 to €33
- Profit (loss) carried forward -€2,459
down €2,459 (-87.3%), from -€2,817 to -€5,276
- Other debts -€1,584
down €1,584 (-8.1%), from €19,437 to €17,853
- Gross operating margin -€13,783
down €13,783, from €13,462 to -€321
- Taxes -€7,710
down €7,710 (-96.6%), from €7,982 to €272
- Depreciation +€1,151
up €1,151 (+3,185%), from €36 to €1,187
- Financial income -€311
no longer reported in 2025 (was €311)
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 | €72,860 | €56,816 | -€16,044 | -22.0% |
| Fixed assets | 21/28 | €3,561 | €2,374 | -€1,187 | -33.3% |
| Tangible fixed assets | 22/27 | €3,561 | €2,374 | -€1,187 | -33.3% |
| Furniture and vehicles | 24 | €3,561 | €2,374 | -€1,187 | -33.3% |
| Current assets | 29/58 | €69,300 | €54,443 | -€14,857 | -21.4% |
| Amounts receivable within one year | 40/41 | €30,503 | €23,303 | -€7,200 | -23.6% |
| Trade receivables | 40 | €24,503 | €17,303 | -€7,200 | -29.4% |
| Other amounts receivable | 41 | €6,000 | €6,000 | = | 0.0% |
| Current investments | 50/53 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,797 | €12,140 | -€7,658 | -38.7% |
| Deferred charges and accrued income | 490/1 | €9,000 | €9,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €72,860 | €56,816 | -€16,044 | -22.0% |
| Equity | 10/15 | €40,244 | €37,785 | -€2,459 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €24,461 | €24,461 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,601 | €22,601 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,817 | -€5,276 | -€2,459 | -87.3% |
| Amounts payable | 17/49 | €32,616 | €19,031 | -€13,585 | -41.7% |
| Amounts payable within one year | 42/48 | €32,616 | €19,031 | -€13,585 | -41.7% |
| Trade debts | 44 | €3,655 | €33 | -€3,622 | -99.1% |
| Suppliers | 440/4 | €3,655 | €33 | -€3,622 | -99.1% |
| Taxes, remuneration and social security | 45 | €9,524 | €1,145 | -€8,379 | -88.0% |
| Taxes | 450/3 | €9,524 | €1,145 | -€8,379 | -88.0% |
| Other amounts payable | 47/48 | €19,437 | €17,853 | -€1,584 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36 | €1,187 | +€1,151 | +3,185% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €13,462 | -€321 | -€13,783 | |
| Operating profit (loss) | 9901 | €13,042 | -€1,895 | -€14,937 | |
| Financial income | 75/76B | €311 | - | -€311 | |
| Recurring financial income | 75 | €311 | - | -€311 | |
| Financial charges | 65/66B | €311 | €291 | -€20 | -6.4% |
| Recurring financial charges | 65 | €311 | €291 | -€20 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €13,042 | -€2,186 | -€15,228 | |
| Income taxes | 67/77 | €7,982 | €272 | -€7,710 | -96.6% |
| Profit (loss) for the period | 9904 | €5,060 | -€2,459 | -€7,518 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,060 | -€2,459 | -€7,518 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.