Gashandel Vanhoudt: 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.
Gashandel Vanhoudt
Largest movements
- Tangible fixed assets -€30,840
down €30,840 (-19.8%), from €155,995 to €125,155
of which Furniture and vehicles: -€19,203
- Receivables within one year +€11,522
up €11,522 (+14.2%), from €81,112 to €92,634
of which Other amounts receivable: +€7,541
- Cash +€9,029
up €9,029 (+110%), from €8,206 to €17,234
mainly Depreciation (+€43,703) and Trade debts (+€18,689)
- Debts after one year -€21,271
down €21,271 (-56.7%), from €37,521 to €16,250
- Trade debts +€18,689
up €18,689 (+15.6%), from €120,189 to €138,878
- Current portion of long-term debt -€12,079
down €12,079 (-36.6%), from €32,998 to €20,919
- Turnover -€15,823
down €15,823 (-3.1%), from €512,691 to €496,868
- Purchases and services -€15,646
down €15,646 (-3.4%), from €455,028 to €439,382
- Gross operating margin -€12,145
down €12,145 (-17.4%), from €69,631 to €57,486
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 | €280,807 | €268,576 | -€12,232 | -4.4% |
| Fixed assets | 21/28 | €155,995 | €125,155 | -€30,840 | -19.8% |
| Tangible fixed assets | 22/27 | €155,995 | €125,155 | -€30,840 | -19.8% |
| Land and buildings | 22 | €29,074 | €24,931 | -€4,142 | -14.2% |
| Plant, machinery and equipment | 23 | €1,054 | €1,164 | +€110 | +10.5% |
| Furniture and vehicles | 24 | €95,217 | €76,014 | -€19,203 | -20.2% |
| Leasing and similar rights | 25 | €30,650 | €23,045 | -€7,605 | -24.8% |
| Current assets | 29/58 | €124,812 | €143,421 | +€18,609 | +14.9% |
| Stocks and contracts in progress | 3 | €31,576 | €30,117 | -€1,459 | -4.6% |
| Stocks | 30/36 | €31,576 | €30,117 | -€1,459 | -4.6% |
| Amounts receivable within one year | 40/41 | €81,112 | €92,634 | +€11,522 | +14.2% |
| Trade receivables | 40 | €51,164 | €55,145 | +€3,981 | +7.8% |
| Other amounts receivable | 41 | €29,948 | €37,489 | +€7,541 | +25.2% |
| Cash at bank and in hand | 54/58 | €8,206 | €17,234 | +€9,029 | +110% |
| Deferred charges and accrued income | 490/1 | €3,918 | €3,435 | -€483 | -12.3% |
| Total equity and liabilities | 10/49 | €280,807 | €268,576 | -€12,232 | -4.4% |
| Equity | 10/15 | €77,407 | €77,308 | -€99 | -0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €139,994 | €139,994 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,896 | €21,896 | = | 0.0% |
| Distributable reserves | 133 | €118,097 | €118,097 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,179 | -€81,278 | -€99 | -0.1% |
| Amounts payable | 17/49 | €203,400 | €191,268 | -€12,132 | -6.0% |
| Amounts payable after more than one year | 17 | €37,521 | €16,250 | -€21,271 | -56.7% |
| Financial debts | 170/4 | €37,521 | €16,250 | -€21,271 | -56.7% |
| Amounts payable within one year | 42/48 | €165,879 | €175,018 | +€9,138 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €32,998 | €20,919 | -€12,079 | -36.6% |
| Financial debts | 43 | €11,827 | €12,223 | +€397 | +3.4% |
| Credit institutions | 430/8 | €11,827 | €12,223 | +€397 | +3.4% |
| Trade debts | 44 | €120,189 | €138,878 | +€18,689 | +15.6% |
| Suppliers | 440/4 | €120,189 | €138,878 | +€18,689 | +15.6% |
| Taxes, remuneration and social security | 45 | €460 | €1,722 | +€1,263 | +275% |
| Taxes | 450/3 | €460 | €1,722 | +€1,263 | +275% |
| Other amounts payable | 47/48 | €407 | €1,275 | +€868 | +214% |
| Turnover | 70 | €512,691 | €496,868 | -€15,823 | -3.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €455,028 | €439,382 | -€15,646 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,384 | €43,703 | +€1,319 | +3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €358 | -€358 | -€717 | |
| Other operating charges | 640/8 | €8,368 | €8,913 | +€544 | +6.5% |
| Non-recurring operating charges | 66A | €1,889 | - | -€1,889 | |
| Gross operating margin | 9900 | €69,631 | €57,486 | -€12,145 | -17.4% |
| Operating profit (loss) | 9901 | €16,632 | €5,229 | -€11,404 | -68.6% |
| Financial income | 75/76B | €628 | €956 | +€328 | +52.2% |
| Recurring financial income | 75 | €628 | €956 | +€328 | +52.2% |
| Financial charges | 65/66B | €7,322 | €6,090 | -€1,233 | -16.8% |
| Recurring financial charges | 65 | €7,322 | €6,090 | -€1,233 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €9,938 | €95 | -€9,843 | -99.0% |
| Income taxes | 67/77 | €212 | €195 | -€18 | -8.3% |
| Profit (loss) for the period | 9904 | €9,726 | -€99 | -€9,825 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,726 | -€99 | -€9,825 |
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 26 October 2026 via checked.be.