AVE VANHAMME & CO: 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.
AVE VANHAMME & CO
Largest movements
- Receivables within one year -€94,158
down €94,158 (-84.9%), from €110,951 to €16,793
of which Trade receivables: -€86,168
- Cash -€78,076
down €78,076 (-41.9%), from €186,122 to €108,046
mainly Net result for the year (-€174,989) and Tax, wage and social debts (-€2,347)
- Profit (loss) carried forward -€174,989
down €174,989 (-207%), from -€84,740 to -€259,730
- Trade debts +€3,128
new in 2025: €3,128
- Gross operating margin -€143,248
down €143,248 (-66.4%), from €215,687 to €72,439
- Write-downs +€56,646
new in 2025: €56,646
- Staff costs -€21,898
down €21,898 (-10.4%), from €210,437 to €188,539
- Other operating charges -€11,590
down €11,590 (-86.8%), from €13,351 to €1,761
- Financial income -€2,332
no longer reported in 2025 (was €2,332)
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 | €306,543 | €132,334 | -€174,209 | -56.8% |
| Fixed assets | 21/28 | €5,693 | €3,718 | -€1,975 | -34.7% |
| Financial fixed assets | 28 | €5,693 | €3,718 | -€1,975 | -34.7% |
| Current assets | 29/58 | €300,850 | €128,616 | -€172,234 | -57.2% |
| Stocks and contracts in progress | 3 | €3,777 | €3,777 | = | 0.0% |
| Stocks | 30/36 | €3,777 | €3,777 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €110,951 | €16,793 | -€94,158 | -84.9% |
| Trade receivables | 40 | €101,062 | €14,894 | -€86,168 | -85.3% |
| Other amounts receivable | 41 | €9,889 | €1,899 | -€7,990 | -80.8% |
| Cash at bank and in hand | 54/58 | €186,122 | €108,046 | -€78,076 | -41.9% |
| Total equity and liabilities | 10/49 | €306,543 | €132,334 | -€174,209 | -56.8% |
| Equity | 10/15 | €302,903 | €127,913 | -€174,989 | -57.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €362,643 | €362,643 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €360,164 | €360,164 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,740 | -€259,730 | -€174,989 | -207% |
| Amounts payable | 17/49 | €3,641 | €4,421 | +€781 | +21.4% |
| Amounts payable within one year | 42/48 | €3,641 | €4,421 | +€781 | +21.4% |
| Trade debts | 44 | - | €3,128 | +€3,128 | |
| Suppliers | 440/4 | - | €3,128 | +€3,128 | |
| Taxes, remuneration and social security | 45 | €3,437 | €1,090 | -€2,347 | -68.3% |
| Taxes | 450/3 | €2,639 | €289 | -€2,351 | -89.1% |
| Remuneration and social security | 454/9 | €797 | €801 | +€4 | +0.5% |
| Other amounts payable | 47/48 | €204 | €204 | = | 0.0% |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €210,437 | €188,539 | -€21,898 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | - | -€305 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €56,646 | +€56,646 | |
| Other operating charges | 640/8 | €13,351 | €1,761 | -€11,590 | -86.8% |
| Gross operating margin | 9900 | €215,687 | €72,439 | -€143,248 | -66.4% |
| Operating profit (loss) | 9901 | -€8,406 | -€174,507 | -€166,101 | -1,976% |
| Financial income | 75/76B | €2,332 | - | -€2,332 | |
| Recurring financial income | 75 | €2,332 | - | -€2,332 | |
| Financial charges | 65/66B | €439 | €482 | +€43 | +9.9% |
| Recurring financial charges | 65 | €439 | €482 | +€43 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,513 | -€174,989 | -€168,477 | -2,587% |
| Profit (loss) for the period | 9904 | -€6,513 | -€174,989 | -€168,477 | -2,587% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,513 | -€174,989 | -€168,477 | -2,587% |
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 24 October 2026 via checked.be.