ABC VANHIE: 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.
ABC VANHIE
Largest movements
- Current investments +€830,000
up €830,000 (+138%), from €600,000 to €1.4m
- Receivables after one year -€663,236
down €663,236 (-86.7%), from €764,699 to €101,463
- Receivables within one year -€106,877
down €106,877 (-77.4%), from €138,119 to €31,242
of which Other amounts receivable: -€85,857
- Cash +€39,860
up €39,860 (+50.3%), from €79,224 to €119,083
mainly Receivables after one year (+€663,236) and Receivables within one year (+€106,877)
- Reserves +€96,163
up €96,163 (+5.4%), from €1.8m to €1.9m
of which Distributable reserves: +€96,242
- Turnover -€205,647
no longer reported in 2025 (was €205,647)
- Purchases and services -€96,517
no longer reported in 2025 (was €96,517)
- Gross operating margin +€16,498
up €16,498 (+14.6%), from €112,757 to €129,255
- Financial income -€5,989
down €5,989 (-21.5%), from €27,856 to €21,867
- Taxes +€3,720
up €3,720 (+10.0%), from €37,293 to €41,013
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 | €1,895,208 | €1,988,044 | +€92,836 | +4.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €306,729 | €300,858 | -€5,870 | -1.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €306,710 | €300,840 | -€5,870 | -1.9% |
| Land and buildings | 22 | €301,522 | €296,388 | -€5,133 | -1.7% |
| Plant, machinery and equipment | 23 | €4,953 | €3,516 | -€1,437 | -29.0% |
| Furniture and vehicles | 24 | €236 | €936 | +€700 | +296% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €1,588,479 | €1,687,186 | +€98,706 | +6.2% |
| Amounts receivable after more than one year | 29 | €764,699 | €101,463 | -€663,236 | -86.7% |
| Other amounts receivable | 291 | €764,699 | €101,463 | -€663,236 | -86.7% |
| Amounts receivable within one year | 40/41 | €138,119 | €31,242 | -€106,877 | -77.4% |
| Trade receivables | 40 | €43,239 | €22,219 | -€21,020 | -48.6% |
| Other amounts receivable | 41 | €94,880 | €9,023 | -€85,857 | -90.5% |
| Current investments | 50/53 | €600,000 | €1,430,000 | +€830,000 | +138% |
| Cash at bank and in hand | 54/58 | €79,224 | €119,083 | +€39,860 | +50.3% |
| Deferred charges and accrued income | 490/1 | €6,438 | €5,398 | -€1,041 | -16.2% |
| Total equity and liabilities | 10/49 | €1,895,208 | €1,988,044 | +€92,836 | +4.9% |
| Equity | 10/15 | €1,861,414 | €1,957,577 | +€96,163 | +5.2% |
| Contributions | 10/11 | €95,000 | €95,000 | = | 0.0% |
| Reserves | 13 | €1,766,414 | €1,862,577 | +€96,163 | +5.4% |
| Non-distributable reserves | 130/1 | €9,500 | €9,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,500 | €9,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,082 | €4,003 | -€79 | -1.9% |
| Distributable reserves | 133 | €1,752,832 | €1,849,073 | +€96,242 | +5.5% |
| Provisions and deferred taxes | 16 | €570 | €530 | -€41 | -7.1% |
| Deferred taxes | 168 | €570 | €530 | -€41 | -7.1% |
| Amounts payable | 17/49 | €33,224 | €29,938 | -€3,286 | -9.9% |
| Amounts payable within one year | 42/48 | €31,528 | €28,237 | -€3,291 | -10.4% |
| Trade debts | 44 | €2,417 | €1,210 | -€1,208 | -50.0% |
| Suppliers | 440/4 | €2,417 | €1,210 | -€1,208 | -50.0% |
| Taxes, remuneration and social security | 45 | €11,153 | €14,591 | +€3,437 | +30.8% |
| Taxes | 450/3 | €11,153 | €14,591 | +€3,437 | +30.8% |
| Other amounts payable | 47/48 | €17,957 | €12,437 | -€5,520 | -30.7% |
| Accrued charges and deferred income | 492/3 | €1,696 | €1,701 | +€5 | +0.3% |
| Turnover | 70 | €205,647 | - | -€205,647 | |
| Goods, raw materials, services and sundry goods | 60/61 | €96,517 | - | -€96,517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,018 | €11,326 | +€308 | +2.8% |
| Other operating charges | 640/8 | €1,972 | €1,850 | -€121 | -6.2% |
| Gross operating margin | 9900 | €112,757 | €129,255 | +€16,498 | +14.6% |
| Operating profit (loss) | 9901 | €99,768 | €116,079 | +€16,311 | +16.3% |
| Financial income | 75/76B | €27,856 | €21,867 | -€5,989 | -21.5% |
| Recurring financial income | 75 | €27,856 | €21,867 | -€5,989 | -21.5% |
| Financial charges | 65/66B | €985 | €811 | -€174 | -17.7% |
| Recurring financial charges | 65 | €985 | €811 | -€174 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €126,639 | €137,135 | +€10,496 | +8.3% |
| Transfer from deferred taxes | 780 | €41 | €41 | = | 0.0% |
| Income taxes | 67/77 | €37,293 | €41,013 | +€3,720 | +10.0% |
| Profit (loss) for the period | 9904 | €89,387 | €96,163 | +€6,776 | +7.6% |
| Transfer from tax-exempt reserves | 789 | €79 | €79 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,466 | €96,242 | +€6,776 | +7.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.