AUTO'S VANHAEZE: 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.
AUTO'S VANHAEZE
Largest movements
- Stocks and contracts -€292,655
down €292,655 (-71.4%), from €410,135 to €117,480
- Cash -€157,331
down €157,331 (-42.3%), from €371,628 to €214,297
mainly Contributions, distributions and other (-€110,000) and Other debts (-€100,569)
- Receivables within one year +€85,628
up €85,628 (+33.9%), from €252,581 to €338,209
of which Trade receivables: +€86,519
- Tangible fixed assets -€13,951
down €13,951 (-12.4%), from €112,844 to €98,893
of which Land and buildings: -€13,951
- Reserves -€188,757
down €188,757 (-29.5%), from €639,227 to €450,470
of which Distributable reserves: -€188,757
- Other debts -€100,569
down €100,569 (-47.8%), from €210,569 to €110,000
- Short-term financial debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Advances received +€99,000
up €99,000 (+404%), from €24,500 to €123,500
- Trade debts -€68,175
down €68,175 (-68.5%), from €99,538 to €31,362
- Gross operating margin -€84,303
down €84,303, from €26,718 to -€57,585
- Financial charges -€4,338
down €4,338 (-60.9%), from €7,121 to €2,783
- Staff costs -€1,100
down €1,100 (-91.7%), from €1,200 to €100
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 | €1,148,092 | €769,782 | -€378,310 | -33.0% |
| Fixed assets | 21/28 | €112,979 | €99,028 | -€13,951 | -12.3% |
| Tangible fixed assets | 22/27 | €112,844 | €98,893 | -€13,951 | -12.4% |
| Land and buildings | 22 | €112,844 | €98,893 | -€13,951 | -12.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,035,112 | €670,754 | -€364,358 | -35.2% |
| Stocks and contracts in progress | 3 | €410,135 | €117,480 | -€292,655 | -71.4% |
| Stocks | 30/36 | €410,135 | €117,480 | -€292,655 | -71.4% |
| Amounts receivable within one year | 40/41 | €252,581 | €338,209 | +€85,628 | +33.9% |
| Trade receivables | 40 | €47,513 | €134,032 | +€86,519 | +182% |
| Other amounts receivable | 41 | €205,068 | €204,176 | -€892 | -0.4% |
| Cash at bank and in hand | 54/58 | €371,628 | €214,297 | -€157,331 | -42.3% |
| Deferred charges and accrued income | 490/1 | €769 | €769 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,148,092 | €769,782 | -€378,310 | -33.0% |
| Equity | 10/15 | €659,227 | €470,470 | -€188,757 | -28.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €639,227 | €450,470 | -€188,757 | -29.5% |
| Tax-exempt reserves | 132 | €35,749 | €35,749 | = | 0.0% |
| Distributable reserves | 133 | €603,478 | €414,721 | -€188,757 | -31.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €488,865 | €299,312 | -€189,553 | -38.8% |
| Amounts payable after more than one year | 17 | €21,311 | €695 | -€20,616 | -96.7% |
| Financial debts | 170/4 | €21,311 | €695 | -€20,616 | -96.7% |
| Amounts payable within one year | 42/48 | €467,554 | €298,617 | -€168,937 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €19,846 | €20,616 | +€770 | +3.9% |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100% |
| Trade debts | 44 | €99,538 | €31,362 | -€68,175 | -68.5% |
| Suppliers | 440/4 | €99,538 | €31,362 | -€68,175 | -68.5% |
| Advances received on contracts in progress | 46 | €24,500 | €123,500 | +€99,000 | +404% |
| Taxes, remuneration and social security | 45 | €13,101 | €13,139 | +€37 | +0.3% |
| Taxes | 450/3 | €13,101 | €13,139 | +€37 | +0.3% |
| Other amounts payable | 47/48 | €210,569 | €110,000 | -€100,569 | -47.8% |
| Non-recurring operating income | 76A | €7,500 | €0 | -€7,500 | -100% |
| Remuneration, social security and pensions | 62 | €1,200 | €100 | -€1,100 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,951 | €13,951 | = | 0.0% |
| Other operating charges | 640/8 | €4,903 | €4,337 | -€566 | -11.5% |
| Non-recurring operating charges | 66A | €9,426 | €0 | -€9,426 | -100% |
| Gross operating margin | 9900 | €26,718 | -€57,585 | -€84,303 | |
| Operating profit (loss) | 9901 | -€2,761 | -€75,974 | -€73,212 | -2,651% |
| Financial income | 75/76B | €1 | €0 | -€1 | -89.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -89.6% |
| Financial charges | 65/66B | €7,121 | €2,783 | -€4,338 | -60.9% |
| Recurring financial charges | 65 | €7,121 | €2,783 | -€4,338 | -60.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,881 | -€78,757 | -€68,875 | -697% |
| Profit (loss) for the period | 9904 | -€9,881 | -€78,757 | -€68,875 | -697% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,881 | -€78,757 | -€68,875 | -697% |
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 15 October 2026 via checked.be.