VANSTREELS HOLDING: 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.
VANSTREELS HOLDING
Largest movements
- Stocks and contracts -€693,907
down €693,907 (-89.7%), from €773,907 to €80,000
- Cash +€351,929
up €351,929 (+1,285%), from €27,387 to €379,317
mainly Stocks and contracts (+€693,907) and Net result for the year (+€83,636)
- Tangible fixed assets -€16,354
down €16,354 (-7.5%), from €218,118 to €201,764
- Debts after one year -€318,000
down €318,000 (-63.6%), from €500,150 to €182,150
of which Financial debts: -€318,000
- Other debts -€109,945
down €109,945 (-44.3%), from €248,389 to €138,445
- Reserves +€83,636
up €83,636 (+48.1%), from €173,810 to €257,446
of which Distributable reserves: +€83,636
- Current portion of long-term debt -€22,000
down €22,000 (-100%), from €22,000 to €0
- Accrued charges and deferred income +€18,281
up €18,281 (+251%), from €7,274 to €25,555
- Gross operating margin +€146,705
up €146,705 (+310%), from €47,276 to €193,981
- Financial charges +€31,057
up €31,057 (+362%), from €8,584 to €39,642
- Taxes +€29,612
up €29,612 (+328%), from €9,032 to €38,644
- Other operating charges +€7,574
up €7,574 (+93.0%), from €8,148 to €15,723
- Depreciation -€2,918
down €2,918 (-15.1%), from €19,272 to €16,354
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 | €1,040,911 | €680,614 | -€360,298 | -34.6% |
| Fixed assets | 21/28 | €218,118 | €201,764 | -€16,354 | -7.5% |
| Tangible fixed assets | 22/27 | €218,118 | €201,764 | -€16,354 | -7.5% |
| Land and buildings | 22 | €218,118 | €201,764 | -€16,354 | -7.5% |
| Current assets | 29/58 | €822,794 | €478,850 | -€343,943 | -41.8% |
| Stocks and contracts in progress | 3 | €773,907 | €80,000 | -€693,907 | -89.7% |
| Stocks | 30/36 | €773,907 | €80,000 | -€693,907 | -89.7% |
| Amounts receivable within one year | 40/41 | €6,196 | €13,792 | +€7,596 | +123% |
| Trade receivables | 40 | €2,737 | €0 | -€2,737 | -100% |
| Other amounts receivable | 41 | €3,459 | €13,792 | +€10,333 | +299% |
| Cash at bank and in hand | 54/58 | €27,387 | €379,317 | +€351,929 | +1,285% |
| Deferred charges and accrued income | 490/1 | €15,303 | €5,741 | -€9,562 | -62.5% |
| Total equity and liabilities | 10/49 | €1,040,911 | €680,614 | -€360,298 | -34.6% |
| Equity | 10/15 | €235,784 | €319,420 | +€83,636 | +35.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €173,810 | €257,446 | +€83,636 | +48.1% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €167,613 | €251,249 | +€83,636 | +49.9% |
| Amounts payable | 17/49 | €805,127 | €361,194 | -€443,933 | -55.1% |
| Amounts payable after more than one year | 17 | €500,150 | €182,150 | -€318,000 | -63.6% |
| Financial debts | 170/4 | €500,000 | €182,000 | -€318,000 | -63.6% |
| Other amounts payable | 178/9 | €150 | €150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €297,704 | €153,489 | -€144,214 | -48.4% |
| Current portion of amounts payable after more than one year | 42 | €22,000 | €0 | -€22,000 | -100% |
| Trade debts | 44 | €8,247 | €5,802 | -€2,445 | -29.7% |
| Suppliers | 440/4 | €8,247 | €5,802 | -€2,445 | -29.7% |
| Taxes, remuneration and social security | 45 | €19,067 | €9,243 | -€9,824 | -51.5% |
| Taxes | 450/3 | €19,067 | €9,243 | -€9,824 | -51.5% |
| Other amounts payable | 47/48 | €248,389 | €138,445 | -€109,945 | -44.3% |
| Accrued charges and deferred income | 492/3 | €7,274 | €25,555 | +€18,281 | +251% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,272 | €16,354 | -€2,918 | -15.1% |
| Other operating charges | 640/8 | €8,148 | €15,723 | +€7,574 | +93.0% |
| Gross operating margin | 9900 | €47,276 | €193,981 | +€146,705 | +310% |
| Operating profit (loss) | 9901 | €19,855 | €161,904 | +€142,048 | +715% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €8,584 | €39,642 | +€31,057 | +362% |
| Recurring financial charges | 65 | €8,584 | €39,642 | +€31,057 | +362% |
| Profit (loss) for the period before taxes | 9903 | €11,271 | €122,279 | +€111,008 | +985% |
| Income taxes | 67/77 | €9,032 | €38,644 | +€29,612 | +328% |
| Profit (loss) for the period | 9904 | €2,239 | €83,636 | +€81,397 | +3,635% |
| Profit (loss) for the period to be appropriated | 9905 | €2,239 | €83,636 | +€81,397 | +3,635% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.