VANSTEENKISTE FREDERIC: 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.
VANSTEENKISTE FREDERIC
Largest movements
- Cash +€25,295
up €25,295 (+8.7%), from €289,167 to €314,462
mainly Depreciation (+€21,691) and Net result for the year (+€16,830)
- Tangible fixed assets -€18,731
down €18,731 (-45.0%), from €41,593 to €22,862
of which Furniture and vehicles: -€19,843
- Reserves +€16,800
up €16,800 (+10.7%), from €156,999 to €173,799
of which Distributable reserves: +€16,800
- Tax, wage and social debts -€12,373
down €12,373 (-44.2%), from €27,963 to €15,590
of which Remuneration and social security: -€12,000
- Other debts +€4,379
up €4,379 (+15.1%), from €29,012 to €33,391
- Financial income +€746
new in 2025: €746
- Gross operating margin +€702
up €702 (+1.5%), from €47,241 to €47,942
- Financial charges +€558
up €558 (+120%), from €464 to €1,022
of which Non-recurring financial charges: +€765
- Other operating charges +€526
up €526 (+38.6%), from €1,362 to €1,888
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 | €353,025 | €357,990 | +€4,964 | +1.4% |
| Fixed assets | 21/28 | €41,798 | €23,067 | -€18,731 | -44.8% |
| Tangible fixed assets | 22/27 | €41,593 | €22,862 | -€18,731 | -45.0% |
| Plant, machinery and equipment | 23 | €945 | €2,056 | +€1,112 | +118% |
| Furniture and vehicles | 24 | €40,649 | €20,805 | -€19,843 | -48.8% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €311,227 | €334,923 | +€23,696 | +7.6% |
| Amounts receivable within one year | 40/41 | €17,418 | €15,771 | -€1,647 | -9.5% |
| Trade receivables | 40 | €17,418 | €15,771 | -€1,647 | -9.5% |
| Cash at bank and in hand | 54/58 | €289,167 | €314,462 | +€25,295 | +8.7% |
| Deferred charges and accrued income | 490/1 | €4,643 | €4,690 | +€47 | +1.0% |
| Total equity and liabilities | 10/49 | €353,025 | €357,990 | +€4,964 | +1.4% |
| Equity | 10/15 | €287,074 | €303,904 | +€16,830 | +5.9% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €156,999 | €173,799 | +€16,800 | +10.7% |
| Tax-exempt reserves | 132 | €37,612 | €37,612 | = | 0.0% |
| Distributable reserves | 133 | €119,386 | €136,186 | +€16,800 | +14.1% |
| Profit (loss) carried forward | 14 | €123,675 | €123,705 | +€30 | 0.0% |
| Amounts payable | 17/49 | €65,952 | €54,086 | -€11,866 | -18.0% |
| Amounts payable within one year | 42/48 | €63,375 | €53,936 | -€9,439 | -14.9% |
| Financial debts | 43 | €54 | - | -€54 | |
| Other loans | 439 | €54 | - | -€54 | |
| Trade debts | 44 | €6,346 | €4,955 | -€1,391 | -21.9% |
| Suppliers | 440/4 | €6,346 | €4,955 | -€1,391 | -21.9% |
| Taxes, remuneration and social security | 45 | €27,963 | €15,590 | -€12,373 | -44.2% |
| Taxes | 450/3 | €13,963 | €13,590 | -€373 | -2.7% |
| Remuneration and social security | 454/9 | €14,000 | €2,000 | -€12,000 | -85.7% |
| Other amounts payable | 47/48 | €29,012 | €33,391 | +€4,379 | +15.1% |
| Accrued charges and deferred income | 492/3 | €2,577 | €150 | -€2,427 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,537 | €21,691 | +€154 | +0.7% |
| Other operating charges | 640/8 | €1,362 | €1,888 | +€526 | +38.6% |
| Gross operating margin | 9900 | €47,241 | €47,942 | +€702 | +1.5% |
| Operating profit (loss) | 9901 | €24,342 | €24,363 | +€21 | +0.1% |
| Financial income | 75/76B | - | €746 | +€746 | |
| Recurring financial income | 75 | - | €746 | +€746 | |
| Financial charges | 65/66B | €464 | €1,022 | +€558 | +120% |
| Recurring financial charges | 65 | €464 | €258 | -€207 | -44.5% |
| Non-recurring financial charges | 66B | - | €765 | +€765 | |
| Profit (loss) for the period before taxes | 9903 | €23,877 | €24,087 | +€210 | +0.9% |
| Income taxes | 67/77 | €7,066 | €7,257 | +€191 | +2.7% |
| Profit (loss) for the period | 9904 | €16,812 | €16,830 | +€18 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,812 | €16,830 | +€18 | +0.1% |
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 15 October 2026 via checked.be.