FVDH BEHEER: 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.
FVDH BEHEER
Largest movements
- Receivables within one year +€93,103
up €93,103 (+475.1%), from €19,596 to €112,699
of which Trade receivables: +€97,575
- Cash -€23,863
down €23,863 (-71.7%), from €33,262 to €9,399
mainly Receivables within one year (-€93,103) and Other debts (-€26,102)
- Tangible fixed assets -€10,218
down €10,218 (-14.2%), from €71,940 to €61,722
of which Land and buildings: -€8,059
- Trade debts +€73,641
up €73,641 (+296.1%), from €24,867 to €98,508
- Other debts -€26,102
down €26,102 (-26.7%), from €97,631 to €71,529
- Tax, wage and social debts +€10,818
up €10,818 (+246.6%), from €4,388 to €15,206
- Gross operating margin -€7,517
down €7,517 (-27.7%), from €27,105 to €19,587
- Taxes +€1,391
up €1,391 (+105.0%), from €1,325 to €2,716
- Other operating charges -€461
down €461 (-7.0%), from €6,622 to €6,161
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 | €124,961 | €183,820 | +€58,859 | +47.1% |
| Fixed assets | 21/28 | €71,940 | €61,722 | -€10,218 | -14.2% |
| Tangible fixed assets | 22/27 | €71,940 | €61,722 | -€10,218 | -14.2% |
| Land and buildings | 22 | €52,949 | €44,890 | -€8,059 | -15.2% |
| Plant, machinery and equipment | 23 | €17,802 | €16,287 | -€1,515 | -8.5% |
| Furniture and vehicles | 24 | €1,189 | €545 | -€644 | -54.1% |
| Current assets | 29/58 | €53,021 | €122,097 | +€69,077 | +130.3% |
| Amounts receivable within one year | 40/41 | €19,596 | €112,699 | +€93,103 | +475.1% |
| Trade receivables | 40 | €14,840 | €112,415 | +€97,575 | +657.5% |
| Other amounts receivable | 41 | €4,756 | €284 | -€4,472 | -94.0% |
| Cash at bank and in hand | 54/58 | €33,262 | €9,399 | -€23,863 | -71.7% |
| Deferred charges and accrued income | 490/1 | €163 | €0 | -€163 | -100.0% |
| Total equity and liabilities | 10/49 | €124,961 | €183,820 | +€58,859 | +47.1% |
| Equity | 10/15 | -€1,924 | -€1,423 | +€502 | +26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,384 | -€21,883 | +€502 | +2.2% |
| Amounts payable | 17/49 | €126,885 | €185,242 | +€58,357 | +46.0% |
| Amounts payable within one year | 42/48 | €126,885 | €185,242 | +€58,357 | +46.0% |
| Trade debts | 44 | €24,867 | €98,508 | +€73,641 | +296.1% |
| Suppliers | 440/4 | €24,867 | €98,508 | +€73,641 | +296.1% |
| Taxes, remuneration and social security | 45 | €4,388 | €15,206 | +€10,818 | +246.6% |
| Taxes | 450/3 | €4,388 | €15,206 | +€10,818 | +246.6% |
| Other amounts payable | 47/48 | €97,631 | €71,529 | -€26,102 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,304 | €10,218 | -€86 | -0.8% |
| Other operating charges | 640/8 | €6,622 | €6,161 | -€461 | -7.0% |
| Gross operating margin | 9900 | €27,105 | €19,587 | -€7,517 | -27.7% |
| Operating profit (loss) | 9901 | €10,179 | €3,208 | -€6,971 | -68.5% |
| Financial income | 75/76B | €0 | €10 | +€10 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Financial charges | 65/66B | €8 | €0 | -€8 | -100.0% |
| Recurring financial charges | 65 | €8 | €0 | -€8 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €10,171 | €3,218 | -€6,953 | -68.4% |
| Income taxes | 67/77 | €1,325 | €2,716 | +€1,391 | +105.0% |
| Profit (loss) for the period | 9904 | €8,846 | €502 | -€8,345 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,846 | €502 | -€8,345 | -94.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.