An Van Haver: 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.
An Van Haver
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€58,986
down €58,986 (-37.5%), from €157,194 to €98,208
mainly Current investments (-€100,000) and Contributions, distributions and other (-€20,663)
- Receivables within one year -€10,985
no longer reported in 2025 (was €10,985)
of which Trade receivables: -€10,887
- Profit (loss) carried forward +€18,204
up €18,204 (+15.5%), from €117,716 to €135,921
- Other debts +€5,882
up €5,882 (+20.1%), from €29,203 to €35,085
- Tax, wage and social debts +€4,889
up €4,889 (+29.9%), from €16,344 to €21,233
- Gross operating margin -€5,925
down €5,925 (-10.2%), from €58,371 to €52,446
- Taxes -€2,705
down €2,705 (-19.5%), from €13,892 to €11,187
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 | €175,163 | €203,841 | +€28,678 | +16.4% |
| Fixed assets | 21/28 | €6,984 | €5,256 | -€1,728 | -24.7% |
| Tangible fixed assets | 22/27 | €6,984 | €5,256 | -€1,728 | -24.7% |
| Plant, machinery and equipment | 23 | €2,211 | €1,628 | -€582 | -26.3% |
| Furniture and vehicles | 24 | €4,773 | €3,627 | -€1,146 | -24.0% |
| Current assets | 29/58 | €168,180 | €198,585 | +€30,406 | +18.1% |
| Amounts receivable within one year | 40/41 | €10,985 | - | -€10,985 | |
| Trade receivables | 40 | €10,887 | - | -€10,887 | |
| Other amounts receivable | 41 | €99 | - | -€99 | |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €157,194 | €98,208 | -€58,986 | -37.5% |
| Deferred charges and accrued income | 490/1 | - | €377 | +€377 | |
| Total equity and liabilities | 10/49 | €175,163 | €203,841 | +€28,678 | +16.4% |
| Equity | 10/15 | €127,716 | €145,921 | +€18,204 | +14.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,716 | €135,921 | +€18,204 | +15.5% |
| Amounts payable | 17/49 | €47,447 | €57,921 | +€10,474 | +22.1% |
| Amounts payable within one year | 42/48 | €47,447 | €57,921 | +€10,474 | +22.1% |
| Trade debts | 44 | €1,900 | €1,603 | -€298 | -15.7% |
| Suppliers | 440/4 | €1,900 | €1,603 | -€298 | -15.7% |
| Taxes, remuneration and social security | 45 | €16,344 | €21,233 | +€4,889 | +29.9% |
| Taxes | 450/3 | €16,344 | €21,233 | +€4,889 | +29.9% |
| Other amounts payable | 47/48 | €29,203 | €35,085 | +€5,882 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,537 | €1,728 | +€191 | +12.4% |
| Other operating charges | 640/8 | €1,214 | €1,428 | +€213 | +17.6% |
| Gross operating margin | 9900 | €58,371 | €52,446 | -€5,925 | -10.2% |
| Operating profit (loss) | 9901 | €55,620 | €49,290 | -€6,330 | -11.4% |
| Financial income | 75/76B | €1,678 | €1,287 | -€391 | -23.3% |
| Recurring financial income | 75 | €1,678 | €1,287 | -€391 | -23.3% |
| Financial charges | 65/66B | €68 | €523 | +€456 | +675% |
| Recurring financial charges | 65 | €68 | €523 | +€456 | +675% |
| Profit (loss) for the period before taxes | 9903 | €57,230 | €50,054 | -€7,176 | -12.5% |
| Income taxes | 67/77 | €13,892 | €11,187 | -€2,705 | -19.5% |
| Profit (loss) for the period | 9904 | €43,338 | €38,867 | -€4,471 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,338 | €38,867 | -€4,471 | -10.3% |
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 17 October 2026 via checked.be.