Caroline Van Hoek: 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.
Caroline Van Hoek
Largest movements
- Receivables within one year -€15,999
down €15,999 (-80.0%), from €20,000 to €4,001
of which Trade receivables: -€16,000
- Stocks and contracts -€6,098
down €6,098 (-1.8%), from €339,926 to €333,827
- Cash +€4,147
up €4,147 (+184%), from €2,249 to €6,396
mainly Receivables within one year (+€15,999) and Other debts (+€7,334)
- Profit (loss) carried forward -€18,570
down €18,570 (-2.1%), from -€897,769 to -€916,339
- Other debts +€7,334
up €7,334 (+1.2%), from €608,846 to €616,180
- Depreciation -€7,935
down €7,935 (-95.2%), from €8,331 to €396
- Gross operating margin -€5,461
down €5,461 (-54.8%), from -€9,959 to -€15,420
- Other operating charges +€155
up €155 (+64.4%), from €240 to €395
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 | €374,772 | €362,091 | -€12,681 | -3.4% |
| Fixed assets | 21/28 | €11,133 | €14,700 | +€3,567 | +32.0% |
| Tangible fixed assets | 22/27 | €9,662 | €13,230 | +€3,567 | +36.9% |
| Plant, machinery and equipment | 23 | €886 | - | -€886 | |
| Furniture and vehicles | 24 | €8,776 | €13,230 | +€4,454 | +50.7% |
| Financial fixed assets | 28 | €1,471 | €1,471 | = | 0.0% |
| Current assets | 29/58 | €363,639 | €347,390 | -€16,249 | -4.5% |
| Stocks and contracts in progress | 3 | €339,926 | €333,827 | -€6,098 | -1.8% |
| Stocks | 30/36 | €339,926 | €333,827 | -€6,098 | -1.8% |
| Amounts receivable within one year | 40/41 | €20,000 | €4,001 | -€15,999 | -80.0% |
| Trade receivables | 40 | €20,000 | €4,000 | -€16,000 | -80.0% |
| Other amounts receivable | 41 | €0 | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €2,249 | €6,396 | +€4,147 | +184% |
| Deferred charges and accrued income | 490/1 | €1,464 | €3,166 | +€1,701 | +116% |
| Total equity and liabilities | 10/49 | €374,772 | €362,091 | -€12,681 | -3.4% |
| Equity | 10/15 | -€754,169 | -€772,739 | -€18,570 | -2.5% |
| Contributions | 10/11 | €143,600 | €143,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€897,769 | -€916,339 | -€18,570 | -2.1% |
| Amounts payable | 17/49 | €1,128,941 | €1,134,830 | +€5,889 | +0.5% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Financial debts | 170/4 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €628,941 | €634,830 | +€5,889 | +0.9% |
| Trade debts | 44 | €18,666 | €17,290 | -€1,376 | -7.4% |
| Suppliers | 440/4 | €18,666 | €17,290 | -€1,376 | -7.4% |
| Taxes, remuneration and social security | 45 | €1,430 | €1,360 | -€70 | -4.9% |
| Taxes | 450/3 | €1,430 | €1,360 | -€70 | -4.9% |
| Other amounts payable | 47/48 | €608,846 | €616,180 | +€7,334 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,331 | €396 | -€7,935 | -95.2% |
| Other operating charges | 640/8 | €240 | €395 | +€155 | +64.4% |
| Non-recurring operating charges | 66A | - | €1,338 | +€1,338 | |
| Gross operating margin | 9900 | -€9,959 | -€15,420 | -€5,461 | -54.8% |
| Operating profit (loss) | 9901 | -€18,530 | -€17,549 | +€982 | +5.3% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €729 | €873 | +€145 | +19.8% |
| Recurring financial charges | 65 | €729 | €873 | +€145 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,259 | -€18,422 | +€837 | +4.3% |
| Income taxes | 67/77 | €139 | €148 | +€9 | +6.6% |
| Profit (loss) for the period | 9904 | -€19,398 | -€18,570 | +€828 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,398 | -€18,570 | +€828 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.