VANDERSTRAETE: 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.
VANDERSTRAETE
Largest movements
- Current investments -€10,000
no longer reported in 2025 (was €10,000)
- Tangible fixed assets -€5,940
down €5,940 (-22.3%), from €26,644 to €20,704
of which Furniture and vehicles: -€4,231
- Receivables within one year -€3,883
down €3,883 (-28.8%), from €13,467 to €9,585
of which Trade receivables: -€2,076
- Profit (loss) carried forward -€17,702
down €17,702, from €12,295 to -€5,407
- Debts after one year -€5,764
down €5,764 (-40.2%), from €14,342 to €8,578
- Trade debts +€2,360
up €2,360 (+107.2%), from €2,201 to €4,561
- Gross operating margin -€10,211
down €10,211, from €1,489 to -€8,722
- Depreciation +€833
up €833 (+13.1%), from €6,358 to €7,191
- Financial income +€167
up €167 (+88.9%), from €188 to €356
- Financial charges +€95
up €95 (+8.5%), from €1,126 to €1,221
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.
Cash bridge derived
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 | €69,775 | €49,463 | -€20,312 | -29.1% |
| Fixed assets | 21/28 | €26,644 | €20,704 | -€5,940 | -22.3% |
| Tangible fixed assets | 22/27 | €26,644 | €20,704 | -€5,940 | -22.3% |
| Land and buildings | 22 | €4,082 | €3,119 | -€964 | -23.6% |
| Plant, machinery and equipment | 23 | €1,559 | €813 | -€746 | -47.8% |
| Furniture and vehicles | 24 | €21,003 | €16,772 | -€4,231 | -20.1% |
| Current assets | 29/58 | €43,131 | €28,759 | -€14,372 | -33.3% |
| Amounts receivable within one year | 40/41 | €13,467 | €9,585 | -€3,883 | -28.8% |
| Trade receivables | 40 | €11,554 | €9,478 | -€2,076 | -18.0% |
| Other amounts receivable | 41 | €1,913 | €106 | -€1,807 | -94.4% |
| Current investments | 50/53 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €18,724 | €18,218 | -€506 | -2.7% |
| Deferred charges and accrued income | 490/1 | €940 | €957 | +€17 | +1.8% |
| Total equity and liabilities | 10/49 | €69,775 | €49,463 | -€20,312 | -29.1% |
| Equity | 10/15 | €41,555 | €23,853 | -€17,702 | -42.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,060 | €23,060 | = | 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 | €21,200 | €21,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,295 | -€5,407 | -€17,702 | |
| Amounts payable | 17/49 | €28,220 | €25,610 | -€2,610 | -9.2% |
| Amounts payable after more than one year | 17 | €14,342 | €8,578 | -€5,764 | -40.2% |
| Financial debts | 170/4 | €14,342 | €8,578 | -€5,764 | -40.2% |
| Amounts payable within one year | 42/48 | €13,878 | €17,032 | +€3,154 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €5,533 | €5,764 | +€230 | +4.2% |
| Trade debts | 44 | €2,201 | €4,561 | +€2,360 | +107.2% |
| Suppliers | 440/4 | €2,201 | €4,561 | +€2,360 | +107.2% |
| Taxes, remuneration and social security | 45 | €1,817 | €2,475 | +€658 | +36.2% |
| Taxes | 450/3 | €0 | €775 | +€775 | +368938.1% |
| Remuneration and social security | 454/9 | €1,817 | €1,700 | -€117 | -6.4% |
| Other amounts payable | 47/48 | €4,326 | €4,232 | -€94 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,358 | €7,191 | +€833 | +13.1% |
| Other operating charges | 640/8 | €951 | €924 | -€27 | -2.9% |
| Gross operating margin | 9900 | €1,489 | -€8,722 | -€10,211 | |
| Operating profit (loss) | 9901 | -€5,820 | -€16,837 | -€11,017 | -189.3% |
| Financial income | 75/76B | €188 | €356 | +€167 | +88.9% |
| Recurring financial income | 75 | €188 | €356 | +€167 | +88.9% |
| Financial charges | 65/66B | €1,126 | €1,221 | +€95 | +8.5% |
| Recurring financial charges | 65 | €1,126 | €1,221 | +€95 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,758 | -€17,702 | -€10,945 | -162.0% |
| Profit (loss) for the period | 9904 | -€6,758 | -€17,702 | -€10,945 | -162.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,758 | -€17,702 | -€10,945 | -162.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.