VANSTEENKISTE PETER: what changed
Two fiscal 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 PETER
Largest movements
- Cash -€10,046
down €10,046 (-85.6%), from €11,738 to €1,693
mainly Other debts (-€38,334) and Tax, wage and social debts (-€147)
- Tangible fixed assets -€1,002
down €1,002 (-70.1%), from €1,431 to €428
of which Furniture and vehicles: -€603
- Deferred charges and accrued income -€275
down €275 (-84.5%), from €326 to €50
- Other debts -€38,334
down €38,334 (-18.3%), from €209,770 to €171,436
- Profit (loss) carried forward +€26,956
up €26,956 (+8.6%), from -€313,619 to -€286,664
- Trade debts +€203
new in 2025: €203
- Tax, wage and social debts -€147
down €147 (-85.9%), from €171 to €24
- Gross operating margin -€18,975
down €18,975 (-39.4%), from €48,188 to €29,212
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 | €13,520 | €2,198 | -€11,322 | -83.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,431 | €428 | -€1,002 | -70.1% |
| Tangible fixed assets | 22/27 | €1,431 | €428 | -€1,002 | -70.1% |
| Plant, machinery and equipment | 23 | €713 | €314 | -€399 | -56.0% |
| Furniture and vehicles | 24 | €718 | €115 | -€603 | -84.0% |
| Current assets | 29/58 | €12,089 | €1,770 | -€10,320 | -85.4% |
| Amounts receivable within one year | 40/41 | €26 | €26 | +€1 | +2.5% |
| Other amounts receivable | 41 | €26 | €26 | +€1 | +2.5% |
| Cash at bank and in hand | 54/58 | €11,738 | €1,693 | -€10,046 | -85.6% |
| Deferred charges and accrued income | 490/1 | €326 | €50 | -€275 | -84.5% |
| Total equity and liabilities | 10/49 | €13,520 | €2,198 | -€11,322 | -83.7% |
| Equity | 10/15 | -€196,421 | -€169,466 | +€26,956 | +13.7% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €47,198 | €47,198 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,760 | €1,760 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,760 | €1,760 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,466 | €17,466 | = | 0.0% |
| Distributable reserves | 133 | €27,972 | €27,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€313,619 | -€286,664 | +€26,956 | +8.6% |
| Amounts payable | 17/49 | €209,942 | €171,664 | -€38,278 | -18.2% |
| Amounts payable within one year | 42/48 | €209,942 | €171,664 | -€38,278 | -18.2% |
| Trade debts | 44 | - | €203 | +€203 | |
| Suppliers | 440/4 | - | €203 | +€203 | |
| Taxes, remuneration and social security | 45 | €171 | €24 | -€147 | -85.9% |
| Taxes | 450/3 | €171 | €24 | -€147 | -85.9% |
| Other amounts payable | 47/48 | €209,770 | €171,436 | -€38,334 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,128 | €1,002 | -€126 | -11.2% |
| Other operating charges | 640/8 | €1,227 | €977 | -€251 | -20.4% |
| Gross operating margin | 9900 | €48,188 | €29,212 | -€18,975 | -39.4% |
| Operating profit (loss) | 9901 | €45,832 | €27,233 | -€18,599 | -40.6% |
| Financial income | 75/76B | €0 | €6 | +€6 | +60700.0% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +60700.0% |
| Financial charges | 65/66B | €266 | €283 | +€17 | +6.4% |
| Recurring financial charges | 65 | €266 | €283 | +€17 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €45,565 | €26,956 | -€18,610 | -40.8% |
| Profit (loss) for the period | 9904 | €45,565 | €26,956 | -€18,610 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,565 | €26,956 | -€18,610 | -40.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.