GROUP VANHOVE: what changed
What changed
GROUP VANHOVE
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
-€4,264
2024 · -€4,680+€416
Equity
-€67,430
2024 · -€63,166-€4,264
Cash
€884
2024 · €108+€776
Balance sheet total
€182,059
2024 · €176,532+€5,527
Largest movements
Assets
- Tangible fixed assets +€3,221
up €3,221 (+10,019%), from €32 to €3,253
Equity and liabilities
- Other debts +€9,802
up €9,802 (+4.5%), from €215,903 to €225,705
- Profit (loss) carried forward -€4,264
down €4,264 (-4.8%), from -€89,583 to -€93,848
Income statement
- Taxes -€3,178
no longer reported in 2025 (was €3,178)
- Gross operating margin -€1,670
down €1,670 (-121%), from -€1,385 to -€3,055
- Depreciation +€856
up €856 (+1,670%), from €51 to €907
- Other operating charges +€262
new in 2025: €262
- Financial charges -€34
down €34 (-45.7%), from €74 to €40
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€4,680
Gross operating margin
-€1,670
Depreciation
-€856
Other operating charges
-€262
Financial income
-€9
Financial charges
+€34
Taxes
+€3,178
Result 2025
-€4,264
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4,904
Investment
-€4,128
Financing
€0
Cash 2024
€108
From operations (derived)
+€4,904
Net result for the year
-€4,264
Depreciation
+€907
Receivables within one year
-€1,529
Trade debts
-€11
Other debts
+€9,802
Investment (derived)
-€4,128
Investment in fixed assets (net)
-€4,128
Cash 2025
€884
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,532 | €182,059 | +€5,527 | +3.1% |
| Fixed assets | 21/28 | €175,397 | €178,619 | +€3,221 | +1.8% |
| Tangible fixed assets | 22/27 | €32 | €3,253 | +€3,221 | +10,019% |
| Plant, machinery and equipment | 23 | €32 | €3,253 | +€3,221 | +10,019% |
| Financial fixed assets | 28 | €175,365 | €175,365 | = | 0.0% |
| Current assets | 29/58 | €1,135 | €3,440 | +€2,306 | +203% |
| Amounts receivable within one year | 40/41 | €1,027 | €2,556 | +€1,529 | +149% |
| Trade receivables | 40 | €226 | €226 | = | 0.0% |
| Other amounts receivable | 41 | €800 | €2,330 | +€1,529 | +191% |
| Cash at bank and in hand | 54/58 | €108 | €884 | +€776 | +719% |
| Total equity and liabilities | 10/49 | €176,532 | €182,059 | +€5,527 | +3.1% |
| Equity | 10/15 | -€63,166 | -€67,430 | -€4,264 | -6.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,418 | €1,418 | = | 0.0% |
| Distributable reserves | 133 | €1,418 | €1,418 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,583 | -€93,848 | -€4,264 | -4.8% |
| Amounts payable | 17/49 | €239,698 | €249,489 | +€9,791 | +4.1% |
| Amounts payable within one year | 42/48 | €239,698 | €249,489 | +€9,791 | +4.1% |
| Trade debts | 44 | €23,795 | €23,784 | -€11 | 0.0% |
| Suppliers | 440/4 | €23,795 | €23,784 | -€11 | 0.0% |
| Other amounts payable | 47/48 | €215,903 | €225,705 | +€9,802 | +4.5% |
| Non-recurring operating income | 76A | €447 | - | -€447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51 | €907 | +€856 | +1,670% |
| Other operating charges | 640/8 | - | €262 | +€262 | |
| Gross operating margin | 9900 | -€1,385 | -€3,055 | -€1,670 | -121% |
| Operating profit (loss) | 9901 | -€1,436 | -€4,224 | -€2,788 | -194% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €74 | €40 | -€34 | -45.7% |
| Recurring financial charges | 65 | €74 | €40 | -€34 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,502 | -€4,264 | -€2,762 | -184% |
| Income taxes | 67/77 | €3,178 | - | -€3,178 | |
| Profit (loss) for the period | 9904 | -€4,680 | -€4,264 | +€416 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,680 | -€4,264 | +€416 | +8.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.