VERSTRAETE - HAHN: 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.
VERSTRAETE - HAHN
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€73,236
up €73,236 (+10.1%), from €724,636 to €797,871
- Gross operating margin +€1,359
up €1,359 (+9.6%), from -€14,148 to -€12,790
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 | €7,749,460 | €7,766,659 | +€17,199 | +0.2% |
| Fixed assets | 21/28 | €7,732,879 | €7,732,879 | = | 0.0% |
| Financial fixed assets | 28 | €7,732,879 | €7,732,879 | = | 0.0% |
| Current assets | 29/58 | €16,581 | €33,780 | +€17,199 | +104% |
| Amounts receivable within one year | 40/41 | €2,783 | €601 | -€2,182 | -78.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,783 | €601 | -€2,182 | -78.4% |
| Cash at bank and in hand | 54/58 | €13,798 | €33,179 | +€19,381 | +140% |
| Total equity and liabilities | 10/49 | €7,749,460 | €7,766,659 | +€17,199 | +0.2% |
| Equity | 10/15 | €7,384,498 | €7,402,025 | +€17,527 | +0.2% |
| Contributions | 10/11 | €3,850,000 | €3,850,000 | = | 0.0% |
| Capital | 10 | €3,850,000 | €3,850,000 | = | 0.0% |
| Issued capital | 100 | €3,850,000 | €3,850,000 | = | 0.0% |
| Reserves | 13 | €3,534,498 | €3,552,025 | +€17,527 | +0.5% |
| Non-distributable reserves | 130/1 | €385,000 | €385,000 | = | 0.0% |
| Legal reserve | 130 | €385,000 | €385,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €3,093,248 | €3,110,775 | +€17,527 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €364,449 | €364,449 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €364,449 | €364,449 | = | 0.0% |
| Environmental obligations | 163 | €364,449 | €364,449 | = | 0.0% |
| Amounts payable | 17/49 | €512 | €184 | -€328 | -64.0% |
| Amounts payable within one year | 42/48 | €512 | €184 | -€328 | -64.0% |
| Trade debts | 44 | €512 | €184 | -€328 | -64.0% |
| Suppliers | 440/4 | €512 | €184 | -€328 | -64.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€14,148 | -€12,790 | +€1,359 | +9.6% |
| Operating profit (loss) | 9901 | -€15,242 | -€13,916 | +€1,326 | +8.7% |
| Financial income | 75/76B | €724,636 | €797,871 | +€73,236 | +10.1% |
| Recurring financial income | 75 | €724,636 | €797,871 | +€73,236 | +10.1% |
| Financial charges | 65/66B | €1,932 | €2,029 | +€96 | +5.0% |
| Recurring financial charges | 65 | €1,932 | €2,029 | +€96 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €707,461 | €781,927 | +€74,465 | +10.5% |
| Income taxes | 67/77 | -€5 | €0 | +€5 | |
| Profit (loss) for the period | 9904 | €707,467 | €781,927 | +€74,460 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €707,467 | €781,927 | +€74,460 | +10.5% |
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 27 October 2026 via checked.be.