VANDERSTUKKEN CONSULT: 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.
VANDERSTUKKEN CONSULT
Largest movements
- Receivables within one year -€22,533
down €22,533 (-45.3%), from €49,722 to €27,189
of which Trade receivables: -€22,843
- Cash -€10,722
down €10,722 (-100.0%), from €10,726 to €5
mainly Other debts (-€17,827) and Tax, wage and social debts (-€11,711)
- Tangible fixed assets +€3,829
up €3,829 (+22.9%), from €16,692 to €20,520
of which Other tangible fixed assets: +€4,127
- Other debts -€17,827
down €17,827 (-53.5%), from €33,335 to €15,508
- Tax, wage and social debts -€11,711
down €11,711 (-74.4%), from €15,745 to €4,035
- Current portion of long-term debt -€4,705
no longer reported in 2024 (was €4,705)
- Trade debts +€3,916
up €3,916 (+82.1%), from €4,769 to €8,684
- Gross operating margin -€33,781
down €33,781 (-86.5%), from €39,073 to €5,293
- Taxes -€11,016
down €11,016 (-94.9%), from €11,603 to €587
- Depreciation +€671
up €671 (+29.7%), from €2,261 to €2,932
- Other operating charges -€590
down €590 (-39.6%), from €1,488 to €898
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,621 | €100,791 | -€29,830 | -22.8% |
| Fixed assets | 21/28 | €66,692 | €70,520 | +€3,829 | +5.7% |
| Tangible fixed assets | 22/27 | €16,692 | €20,520 | +€3,829 | +22.9% |
| Plant, machinery and equipment | 23 | €58 | €722 | +€664 | +1,150% |
| Furniture and vehicles | 24 | €4,148 | €3,186 | -€962 | -23.2% |
| Other tangible fixed assets | 26 | €12,486 | €16,613 | +€4,127 | +33.1% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €63,930 | €30,271 | -€33,659 | -52.6% |
| Amounts receivable within one year | 40/41 | €49,722 | €27,189 | -€22,533 | -45.3% |
| Trade receivables | 40 | €25,718 | €2,875 | -€22,843 | -88.8% |
| Other amounts receivable | 41 | €24,004 | €24,314 | +€310 | +1.3% |
| Cash at bank and in hand | 54/58 | €10,726 | €5 | -€10,722 | -100.0% |
| Deferred charges and accrued income | 490/1 | €3,482 | €3,078 | -€404 | -11.6% |
| Total equity and liabilities | 10/49 | €130,621 | €100,791 | -€29,830 | -22.8% |
| Equity | 10/15 | €71,326 | €71,564 | +€239 | +0.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €70,826 | €71,064 | +€239 | +0.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €70,826 | €71,064 | +€239 | +0.3% |
| Amounts payable | 17/49 | €59,296 | €29,227 | -€30,069 | -50.7% |
| Amounts payable within one year | 42/48 | €58,554 | €28,227 | -€30,327 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €4,705 | - | -€4,705 | |
| Trade debts | 44 | €4,769 | €8,684 | +€3,916 | +82.1% |
| Suppliers | 440/4 | €4,769 | €8,684 | +€3,916 | +82.1% |
| Taxes, remuneration and social security | 45 | €15,745 | €4,035 | -€11,711 | -74.4% |
| Taxes | 450/3 | €15,745 | €4,035 | -€11,711 | -74.4% |
| Other amounts payable | 47/48 | €33,335 | €15,508 | -€17,827 | -53.5% |
| Accrued charges and deferred income | 492/3 | €742 | €1,000 | +€258 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,261 | €2,932 | +€671 | +29.7% |
| Other operating charges | 640/8 | €1,488 | €898 | -€590 | -39.6% |
| Gross operating margin | 9900 | €39,073 | €5,293 | -€33,781 | -86.5% |
| Operating profit (loss) | 9901 | €35,324 | €1,463 | -€33,862 | -95.9% |
| Financial income | 75/76B | €1 | €9 | +€8 | +761% |
| Recurring financial income | 75 | €1 | €9 | +€8 | +761% |
| Financial charges | 65/66B | €907 | €645 | -€262 | -28.9% |
| Recurring financial charges | 65 | €907 | €645 | -€262 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €34,418 | €826 | -€33,592 | -97.6% |
| Income taxes | 67/77 | €11,603 | €587 | -€11,016 | -94.9% |
| Profit (loss) for the period | 9904 | €22,815 | €239 | -€22,576 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,815 | €239 | -€22,576 | -99.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.