ENGINEERING VANHOUTTE: what changed
Two fiscal 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.
ENGINEERING VANHOUTTE
Largest movements
- Tangible fixed assets +€168,897
up €168,897 (+23.6%), from €716,795 to €885,691
of which Other tangible fixed assets: +€168,897
- Debts after one year +€81,667
new in 2025: €81,667
- Trade debts +€51,762
up €51,762 (+5627.8%), from €920 to €52,682
- Short-term financial debts -€21,600
down €21,600 (-15.2%), from €142,200 to €120,600
- Current portion of long-term debt +€18,333
new in 2025: €18,333
- Reserves +€16,865
up €16,865 (+5.5%), from €308,381 to €325,246
of which Distributable reserves: +€16,865
- Depreciation +€4,140
up €4,140 (+10.6%), from €39,021 to €43,161
- Gross operating margin -€2,629
down €2,629 (-2.5%), from €105,048 to €102,419
- Taxes -€2,599
down €2,599 (-19.0%), from €13,671 to €11,072
- Financial charges -€2,010
down €2,010 (-9.2%), from €21,732 to €19,722
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.
Cash bridge derived
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 | €948,648 | €1,107,867 | +€159,219 | +16.8% |
| Fixed assets | 21/28 | €716,795 | €885,691 | +€168,897 | +23.6% |
| Tangible fixed assets | 22/27 | €716,795 | €885,691 | +€168,897 | +23.6% |
| Land and buildings | 22 | €261,049 | €261,049 | = | 0.0% |
| Other tangible fixed assets | 26 | €455,746 | €624,643 | +€168,897 | +37.1% |
| Current assets | 29/58 | €231,853 | €222,176 | -€9,678 | -4.2% |
| Amounts receivable within one year | 40/41 | €3,557 | €4,084 | +€526 | +14.8% |
| Trade receivables | 40 | €3,557 | €4,084 | +€526 | +14.8% |
| Cash at bank and in hand | 54/58 | €223,834 | €214,106 | -€9,728 | -4.3% |
| Deferred charges and accrued income | 490/1 | €4,462 | €3,986 | -€476 | -10.7% |
| Total equity and liabilities | 10/49 | €948,648 | €1,107,867 | +€159,219 | +16.8% |
| Equity | 10/15 | €598,381 | €615,246 | +€16,865 | +2.8% |
| Contributions | 10/11 | €290,000 | €290,000 | = | 0.0% |
| Capital | 10 | €290,000 | €290,000 | = | 0.0% |
| Issued capital | 100 | €290,000 | €290,000 | = | 0.0% |
| Reserves | 13 | €308,381 | €325,246 | +€16,865 | +5.5% |
| Non-distributable reserves | 130/1 | €29,000 | €29,000 | = | 0.0% |
| Legal reserve | 130 | €29,000 | €29,000 | = | 0.0% |
| Distributable reserves | 133 | €279,381 | €296,246 | +€16,865 | +6.0% |
| Amounts payable | 17/49 | €350,267 | €492,621 | +€142,354 | +40.6% |
| Amounts payable after more than one year | 17 | - | €81,667 | +€81,667 | |
| Financial debts | 170/4 | - | €81,667 | +€81,667 | |
| Amounts payable within one year | 42/48 | €347,512 | €408,828 | +€61,316 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | - | €18,333 | +€18,333 | |
| Financial debts | 43 | €142,200 | €120,600 | -€21,600 | -15.2% |
| Credit institutions | 430/8 | €142,200 | €120,600 | -€21,600 | -15.2% |
| Trade debts | 44 | €920 | €52,682 | +€51,762 | +5627.8% |
| Suppliers | 440/4 | €920 | €52,682 | +€51,762 | +5627.8% |
| Taxes, remuneration and social security | 45 | €6,174 | €10,862 | +€4,688 | +75.9% |
| Taxes | 450/3 | €6,174 | €10,862 | +€4,688 | +75.9% |
| Other amounts payable | 47/48 | €198,218 | €206,351 | +€8,133 | +4.1% |
| Accrued charges and deferred income | 492/3 | €2,755 | €2,127 | -€629 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,021 | €43,161 | +€4,140 | +10.6% |
| Other operating charges | 640/8 | €10,680 | €11,600 | +€920 | +8.6% |
| Gross operating margin | 9900 | €105,048 | €102,419 | -€2,629 | -2.5% |
| Operating profit (loss) | 9901 | €55,348 | €47,659 | -€7,689 | -13.9% |
| Financial charges | 65/66B | €21,732 | €19,722 | -€2,010 | -9.2% |
| Recurring financial charges | 65 | €21,732 | €19,722 | -€2,010 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €33,616 | €27,937 | -€5,679 | -16.9% |
| Income taxes | 67/77 | €13,671 | €11,072 | -€2,599 | -19.0% |
| Profit (loss) for the period | 9904 | €19,945 | €16,865 | -€3,080 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,945 | €16,865 | -€3,080 | -15.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.