VELDSTRAAT 59: 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.
VELDSTRAAT 59
Largest movements
- Cash +€45,717
up €45,717 (+165%), from €27,638 to €73,356
mainly Current investments (+€40,000) and Net result for the year (+€16,697)
- Current investments -€40,000
down €40,000 (-19.0%), from €210,000 to €170,000
- Tangible fixed assets -€11,746
down €11,746 (-4.8%), from €243,790 to €232,044
- Advances received -€30,035
down €30,035 (-37.8%), from €79,495 to €49,460
- Profit (loss) carried forward +€16,697
up €16,697 (+8.1%), from €206,363 to €223,059
- Gross operating margin -€21,329
down €21,329 (-19.1%), from €111,878 to €90,549
- Depreciation -€10,965
down €10,965 (-48.3%), from €22,711 to €11,746
- Staff costs +€1,250
up €1,250 (+2.4%), from €52,604 to €53,854
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 | €503,368 | €493,457 | -€9,911 | -2.0% |
| Fixed assets | 21/28 | €243,790 | €232,044 | -€11,746 | -4.8% |
| Tangible fixed assets | 22/27 | €243,790 | €232,044 | -€11,746 | -4.8% |
| Land and buildings | 22 | €243,790 | €232,044 | -€11,746 | -4.8% |
| Current assets | 29/58 | €259,578 | €261,413 | +€1,835 | +0.7% |
| Amounts receivable within one year | 40/41 | €21,940 | €18,058 | -€3,882 | -17.7% |
| Trade receivables | 40 | €20,404 | €15,247 | -€5,157 | -25.3% |
| Other amounts receivable | 41 | €1,536 | €2,811 | +€1,275 | +83.0% |
| Current investments | 50/53 | €210,000 | €170,000 | -€40,000 | -19.0% |
| Cash at bank and in hand | 54/58 | €27,638 | €73,356 | +€45,717 | +165% |
| Total equity and liabilities | 10/49 | €503,368 | €493,457 | -€9,911 | -2.0% |
| Equity | 10/15 | €410,875 | €427,572 | +€16,697 | +4.1% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Contributions outside capital | 11 | - | €185,920 | +€185,920 | |
| Other | 1109/19 | - | €185,920 | +€185,920 | |
| Reserves | 13 | €18,592 | €18,592 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,592 | €18,592 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,363 | €223,059 | +€16,697 | +8.1% |
| Amounts payable | 17/49 | €92,493 | €65,885 | -€26,608 | -28.8% |
| Amounts payable within one year | 42/48 | €92,493 | €65,885 | -€26,608 | -28.8% |
| Trade debts | 44 | €2,059 | €6,729 | +€4,670 | +227% |
| Suppliers | 440/4 | €2,059 | €6,729 | +€4,670 | +227% |
| Advances received on contracts in progress | 46 | €79,495 | €49,460 | -€30,035 | -37.8% |
| Taxes, remuneration and social security | 45 | €10,939 | €9,696 | -€1,243 | -11.4% |
| Taxes | 450/3 | €10,939 | €5,859 | -€5,080 | -46.4% |
| Remuneration and social security | 454/9 | - | €3,837 | +€3,837 | |
| Remuneration, social security and pensions | 62 | €52,604 | €53,854 | +€1,250 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,711 | €11,746 | -€10,965 | -48.3% |
| Other operating charges | 640/8 | €12,230 | €12,379 | +€148 | +1.2% |
| Gross operating margin | 9900 | €111,878 | €90,549 | -€21,329 | -19.1% |
| Operating profit (loss) | 9901 | €24,333 | €12,570 | -€11,763 | -48.3% |
| Financial income | 75/76B | €5,214 | €4,250 | -€964 | -18.5% |
| Recurring financial income | 75 | €5,214 | €4,250 | -€964 | -18.5% |
| Financial charges | 65/66B | €97 | €124 | +€27 | +27.5% |
| Recurring financial charges | 65 | €97 | €124 | +€27 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €29,451 | €16,697 | -€12,754 | -43.3% |
| Profit (loss) for the period | 9904 | €29,451 | €16,697 | -€12,754 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,451 | €16,697 | -€12,754 | -43.3% |
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 22 October 2026 via checked.be.