DE VAN HUT: 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.
DE VAN HUT
Largest movements
- Receivables within one year -€28,008
down €28,008 (-56.4%), from €49,623 to €21,615
of which Trade receivables: -€18,652
- Tangible fixed assets +€14,266
up €14,266 (+120%), from €11,869 to €26,135
of which Furniture and vehicles: +€16,551
- Cash -€10,511
down €10,511 (-59.2%), from €17,763 to €7,252
mainly Net result for the year (-€24,079) and Investment in fixed assets (net) (-€21,122)
- Deferred charges and accrued income +€3,443
up €3,443 (+661%), from €521 to €3,963
- Profit (loss) carried forward -€24,079
down €24,079 (-50.5%), from €47,699 to €23,619
- Debts after one year +€6,365
new in 2025: €6,365
- Trade debts -€4,474
down €4,474 (-79.9%), from €5,596 to €1,122
- Current portion of long-term debt +€3,259
new in 2025: €3,259
- Gross operating margin -€45,614
down €45,614, from €29,658 to -€15,955
- Other operating charges -€4,700
down €4,700 (-84.4%), from €5,569 to €869
- Taxes -€3,522
down €3,522 (-100%), from €3,522 to €0
- Depreciation +€2,016
up €2,016 (+41.6%), from €4,841 to €6,856
- Staff costs -€1,307
down €1,307 (-100%), from €1,307 to €0
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 | €90,967 | €70,157 | -€20,810 | -22.9% |
| Fixed assets | 21/28 | €18,061 | €32,327 | +€14,266 | +79.0% |
| Tangible fixed assets | 22/27 | €11,869 | €26,135 | +€14,266 | +120% |
| Plant, machinery and equipment | 23 | €10,293 | €8,009 | -€2,285 | -22.2% |
| Furniture and vehicles | 24 | €1,575 | €18,127 | +€16,551 | +1,051% |
| Financial fixed assets | 28 | €6,192 | €6,192 | = | 0.0% |
| Current assets | 29/58 | €72,906 | €37,830 | -€35,076 | -48.1% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,623 | €21,615 | -€28,008 | -56.4% |
| Trade receivables | 40 | €33,112 | €14,459 | -€18,652 | -56.3% |
| Other amounts receivable | 41 | €16,511 | €7,155 | -€9,356 | -56.7% |
| Cash at bank and in hand | 54/58 | €17,763 | €7,252 | -€10,511 | -59.2% |
| Deferred charges and accrued income | 490/1 | €521 | €3,963 | +€3,443 | +661% |
| Total equity and liabilities | 10/49 | €90,967 | €70,157 | -€20,810 | -22.9% |
| Equity | 10/15 | €53,699 | €29,619 | -€24,079 | -44.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,699 | €23,619 | -€24,079 | -50.5% |
| Amounts payable | 17/49 | €37,268 | €40,538 | +€3,269 | +8.8% |
| Amounts payable after more than one year | 17 | - | €6,365 | +€6,365 | |
| Financial debts | 170/4 | - | €6,365 | +€6,365 | |
| Amounts payable within one year | 42/48 | €35,087 | €32,673 | -€2,414 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,259 | +€3,259 | |
| Trade debts | 44 | €5,596 | €1,122 | -€4,474 | -79.9% |
| Suppliers | 440/4 | €5,596 | €1,122 | -€4,474 | -79.9% |
| Taxes, remuneration and social security | 45 | €715 | €385 | -€330 | -46.1% |
| Taxes | 450/3 | €715 | €385 | -€330 | -46.1% |
| Other amounts payable | 47/48 | €28,776 | €27,907 | -€869 | -3.0% |
| Accrued charges and deferred income | 492/3 | €2,182 | €1,500 | -€682 | -31.2% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Remuneration, social security and pensions | 62 | €1,307 | €0 | -€1,307 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,841 | €6,856 | +€2,016 | +41.6% |
| Other operating charges | 640/8 | €5,569 | €869 | -€4,700 | -84.4% |
| Gross operating margin | 9900 | €29,658 | -€15,955 | -€45,614 | |
| Operating profit (loss) | 9901 | €17,942 | -€23,680 | -€41,623 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +2,213% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +2,213% |
| Financial charges | 65/66B | €1,062 | €401 | -€661 | -62.2% |
| Recurring financial charges | 65 | €1,062 | €401 | -€661 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €16,880 | -€24,079 | -€40,960 | |
| Income taxes | 67/77 | €3,522 | €0 | -€3,522 | -100% |
| Profit (loss) for the period | 9904 | €13,359 | -€24,079 | -€37,438 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,359 | -€24,079 | -€37,438 |
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 20 October 2026 via checked.be.