VERSTRAETE: what changed
What changed
VERSTRAETE
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
-€28,335
2024 · €21,345-€49,680
Equity
€85,618
2024 · €113,953-€28,335
Cash
€17,647
2024 · €14,188+€3,459
Balance sheet total
€399,047
2024 · €429,683-€30,636
Largest movements
Assets
- Receivables after one year -€29,242
down €29,242 (-20.5%), from €142,932 to €113,690
Equity and liabilities
- Reserves -€28,335
down €28,335 (-55.6%), from €50,953 to €22,618
of which Distributable reserves: -€28,335
- Tax, wage and social debts -€4,330
down €4,330 (-35.1%), from €12,325 to €7,995
Income statement
- Gross operating margin -€67,353
down €67,353, from €40,107 to -€27,246
- Financial charges -€46,611
down €46,611 (-88.9%), from €52,403 to €5,792
- Financial income -€37,184
down €37,184 (-85.9%), from €43,292 to €6,108
- Taxes -€7,995
no longer reported in 2025 (was €7,995)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€21,345
Gross operating margin
-€67,353
Depreciation
+€373
Other operating charges
-€122
Financial income
-€37,184
Financial charges
+€46,611
Taxes
+€7,995
Result 2025
-€28,335
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2,739
Investment
+€720
Financing
€0
Cash 2024
€14,188
From operations (derived)
+€2,739
Net result for the year
-€28,335
Receivables after one year
+€29,242
Receivables within one year
+€4,114
Deferred charges and accrued income
+€19
Trade debts
+€2,719
Tax, wage and social debts
-€4,330
Accrued charges and deferred income
-€690
Investment (derived)
+€720
Investment in fixed assets (net)
+€720
Cash 2025
€17,647
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €429,683 | €399,047 | -€30,636 | -7.1% |
| Fixed assets | 21/28 | €255,720 | €255,000 | -€720 | -0.3% |
| Tangible fixed assets | 22/27 | €255,720 | €255,000 | -€720 | -0.3% |
| Land and buildings | 22 | €120,000 | €120,000 | = | 0.0% |
| Furniture and vehicles | 24 | €135,720 | €135,000 | -€720 | -0.5% |
| Current assets | 29/58 | €173,963 | €144,047 | -€29,916 | -17.2% |
| Amounts receivable after more than one year | 29 | €142,932 | €113,690 | -€29,242 | -20.5% |
| Other amounts receivable | 291 | €142,932 | €113,690 | -€29,242 | -20.5% |
| Amounts receivable within one year | 40/41 | €16,824 | €12,710 | -€4,114 | -24.5% |
| Trade receivables | 40 | €14,360 | €7,134 | -€7,226 | -50.3% |
| Other amounts receivable | 41 | €2,464 | €5,576 | +€3,112 | +126% |
| Cash at bank and in hand | 54/58 | €14,188 | €17,647 | +€3,459 | +24.4% |
| Deferred charges and accrued income | 490/1 | €19 | - | -€19 | |
| Total equity and liabilities | 10/49 | €429,683 | €399,047 | -€30,636 | -7.1% |
| Equity | 10/15 | €113,953 | €85,618 | -€28,335 | -24.9% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €50,953 | €22,618 | -€28,335 | -55.6% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €992 | €992 | = | 0.0% |
| Distributable reserves | 133 | €43,661 | €15,326 | -€28,335 | -64.9% |
| Amounts payable | 17/49 | €315,730 | €313,429 | -€2,301 | -0.7% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €189,924 | €188,313 | -€1,611 | -0.8% |
| Trade debts | 44 | €177,599 | €180,318 | +€2,719 | +1.5% |
| Suppliers | 440/4 | €177,599 | €180,318 | +€2,719 | +1.5% |
| Taxes, remuneration and social security | 45 | €12,325 | €7,995 | -€4,330 | -35.1% |
| Taxes | 450/3 | €12,325 | €7,995 | -€4,330 | -35.1% |
| Accrued charges and deferred income | 492/3 | €806 | €116 | -€690 | -85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €373 | - | -€373 | |
| Other operating charges | 640/8 | €1,283 | €1,405 | +€122 | +9.5% |
| Gross operating margin | 9900 | €40,107 | -€27,246 | -€67,353 | |
| Operating profit (loss) | 9901 | €38,451 | -€28,651 | -€67,102 | |
| Financial income | 75/76B | €43,292 | €6,108 | -€37,184 | -85.9% |
| Recurring financial income | 75 | €43,292 | €6,108 | -€37,184 | -85.9% |
| Financial charges | 65/66B | €52,403 | €5,792 | -€46,611 | -88.9% |
| Recurring financial charges | 65 | €52,403 | €5,792 | -€46,611 | -88.9% |
| Profit (loss) for the period before taxes | 9903 | €29,340 | -€28,335 | -€57,675 | |
| Income taxes | 67/77 | €7,995 | - | -€7,995 | |
| Profit (loss) for the period | 9904 | €21,345 | -€28,335 | -€49,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,345 | -€28,335 | -€49,680 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.