VLADIMIR STEURS: what changed
What changed
VLADIMIR STEURS
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€37,846
2024 · €14,902+€22,944
Equity
€95,886
2024 · €58,040+€37,846
Cash
€16,423
2024 · €15,340+€1,084
Balance sheet total
€189,686
2024 · €103,726+€85,960
Largest movements
Assets
- Receivables within one year +€90,749
up €90,749 (+191%), from €47,567 to €138,316
of which Trade receivables: +€63,093
- Stocks and contracts -€11,408
down €11,408 (-76.7%), from €14,864 to €3,456
of which Contracts in progress: -€10,930
- Receivables after one year +€7,000
up €7,000 (+35.0%), from €20,000 to €27,000
Equity and liabilities
- Reserves +€37,846
up €37,846 (+71.4%), from €53,040 to €90,886
- Trade debts +€34,383
up €34,383 (+91.9%), from €37,431 to €71,814
- Tax, wage and social debts +€14,094
up €14,094 (+214%), from €6,590 to €20,684
of which Taxes: +€15,594
Income statement
- Gross operating margin +€41,394
up €41,394 (+131%), from €31,699 to €73,093
- Taxes +€11,008
up €11,008 (+252%), from €4,376 to €15,384
- Financial charges +€8,006
up €8,006 (+216%), from €3,701 to €11,706
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
€14,902
Gross operating margin
+€41,394
Depreciation
+€432
Other operating charges
+€30
Financial income
+€101
Financial charges
-€8,006
Taxes
-€11,008
Result 2025
€37,846
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
+€1,584
Investment
-€500
Financing
€0
Cash 2024
€15,340
From operations (derived)
+€1,584
Net result for the year
+€37,846
Depreciation
+€2,191
Receivables after one year
-€7,000
Stocks and contracts
+€11,408
Receivables within one year
-€90,749
Deferred charges and accrued income
-€226
Trade debts
+€34,383
Tax, wage and social debts
+€14,094
Other debts
-€363
Investment (derived)
-€500
Investment in fixed assets (net)
-€500
Cash 2025
€16,423
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,726 | €189,686 | +€85,960 | +82.9% |
| Fixed assets | 21/28 | €4,408 | €2,718 | -€1,691 | -38.4% |
| Tangible fixed assets | 22/27 | €4,408 | €2,718 | -€1,691 | -38.4% |
| Plant, machinery and equipment | 23 | €2,773 | €1,387 | -€1,386 | -50.0% |
| Furniture and vehicles | 24 | €1,636 | €1,330 | -€305 | -18.7% |
| Current assets | 29/58 | €99,318 | €186,968 | +€87,651 | +88.3% |
| Amounts receivable after more than one year | 29 | €20,000 | €27,000 | +€7,000 | +35.0% |
| Other amounts receivable | 291 | €20,000 | €27,000 | +€7,000 | +35.0% |
| Stocks and contracts in progress | 3 | €14,864 | €3,456 | -€11,408 | -76.7% |
| Stocks | 30/36 | €3,934 | €3,456 | -€478 | -12.2% |
| Contracts in progress | 37 | €10,930 | - | -€10,930 | |
| Amounts receivable within one year | 40/41 | €47,567 | €138,316 | +€90,749 | +191% |
| Trade receivables | 40 | €35,866 | €98,959 | +€63,093 | +176% |
| Other amounts receivable | 41 | €11,700 | €39,357 | +€27,657 | +236% |
| Cash at bank and in hand | 54/58 | €15,340 | €16,423 | +€1,084 | +7.1% |
| Deferred charges and accrued income | 490/1 | €1,547 | €1,773 | +€226 | +14.6% |
| Total equity and liabilities | 10/49 | €103,726 | €189,686 | +€85,960 | +82.9% |
| Equity | 10/15 | €58,040 | €95,886 | +€37,846 | +65.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,040 | €90,886 | +€37,846 | +71.4% |
| Distributable reserves | 133 | €53,040 | €90,886 | +€37,846 | +71.4% |
| Amounts payable | 17/49 | €45,686 | €93,800 | +€48,114 | +105% |
| Amounts payable within one year | 42/48 | €44,966 | €93,080 | +€48,114 | +107% |
| Trade debts | 44 | €37,431 | €71,814 | +€34,383 | +91.9% |
| Suppliers | 440/4 | €37,431 | €71,814 | +€34,383 | +91.9% |
| Taxes, remuneration and social security | 45 | €6,590 | €20,684 | +€14,094 | +214% |
| Taxes | 450/3 | €5,090 | €20,684 | +€15,594 | +306% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €945 | €582 | -€363 | -38.4% |
| Accrued charges and deferred income | 492/3 | €720 | €720 | = | 0.0% |
| Non-recurring operating income | 76A | - | €496 | +€496 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,623 | €2,191 | -€432 | -16.5% |
| Other operating charges | 640/8 | €6,266 | €6,236 | -€30 | -0.5% |
| Gross operating margin | 9900 | €31,699 | €73,093 | +€41,394 | +131% |
| Operating profit (loss) | 9901 | €22,809 | €64,666 | +€41,857 | +184% |
| Financial income | 75/76B | €169 | €271 | +€101 | +59.7% |
| Recurring financial income | 75 | €169 | €271 | +€101 | +59.7% |
| Financial charges | 65/66B | €3,701 | €11,706 | +€8,006 | +216% |
| Recurring financial charges | 65 | €3,701 | €11,706 | +€8,006 | +216% |
| Profit (loss) for the period before taxes | 9903 | €19,278 | €53,230 | +€33,952 | +176% |
| Income taxes | 67/77 | €4,376 | €15,384 | +€11,008 | +252% |
| Profit (loss) for the period | 9904 | €14,902 | €37,846 | +€22,944 | +154% |
| Profit (loss) for the period to be appropriated | 9905 | €14,902 | €37,846 | +€22,944 | +154% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.