HANDELSONDERNEMING VAN VELDHOVEN: 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.
HANDELSONDERNEMING VAN VELDHOVEN
Largest movements
- Current investments +€511,756
up €511,756 (+71.6%), from €715,207 to €1.2m
- Receivables within one year -€140,980
down €140,980 (-11.2%), from €1.3m to €1.1m
- Tangible fixed assets -€82,079
down €82,079 (-13.8%), from €596,772 to €514,692
of which Furniture and vehicles: -€95,657
- Cash -€77,312
down €77,312 (-11.1%), from €696,380 to €619,069
mainly Current investments (-€511,756) and Contributions, distributions and other (-€396,197)
- Stocks and contracts +€39,335
up €39,335 (+14.4%), from €274,066 to €313,401
- Reserves +€249,240
up €249,240 (+8.7%), from €2.9m to €3.1m
- Financial income +€112,641
up €112,641 (+328%), from €34,388 to €147,030
- Depreciation +€46,302
up €46,302 (+46.2%), from €100,252 to €146,554
- Financial charges +€14,346
up €14,346, from -€12,289 to €2,057
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 | €3,548,762 | €3,800,514 | +€251,753 | +7.1% |
| Fixed assets | 21/28 | €602,528 | €521,481 | -€81,047 | -13.5% |
| Tangible fixed assets | 22/27 | €596,772 | €514,692 | -€82,079 | -13.8% |
| Land and buildings | 22 | €21,630 | €19,068 | -€2,561 | -11.8% |
| Plant, machinery and equipment | 23 | €39,000 | €55,139 | +€16,139 | +41.4% |
| Furniture and vehicles | 24 | €536,142 | €440,484 | -€95,657 | -17.8% |
| Financial fixed assets | 28 | €5,757 | €6,789 | +€1,032 | +17.9% |
| Current assets | 29/58 | €2,946,234 | €3,279,033 | +€332,800 | +11.3% |
| Stocks and contracts in progress | 3 | €274,066 | €313,401 | +€39,335 | +14.4% |
| Stocks | 30/36 | €274,066 | €313,401 | +€39,335 | +14.4% |
| Amounts receivable within one year | 40/41 | €1,260,581 | €1,119,601 | -€140,980 | -11.2% |
| Trade receivables | 40 | €1,260,581 | €1,119,601 | -€140,980 | -11.2% |
| Current investments | 50/53 | €715,207 | €1,226,963 | +€511,756 | +71.6% |
| Cash at bank and in hand | 54/58 | €696,380 | €619,069 | -€77,312 | -11.1% |
| Total equity and liabilities | 10/49 | €3,548,762 | €3,800,514 | +€251,753 | +7.1% |
| Equity | 10/15 | €3,182,374 | €3,429,948 | +€247,574 | +7.8% |
| Contributions | 10/11 | €8,139 | €8,139 | = | 0.0% |
| Reserves | 13 | €2,868,794 | €3,118,033 | +€249,240 | +8.7% |
| Distributable reserves | 133 | €2,868,794 | €3,118,033 | +€249,240 | +8.7% |
| Profit (loss) carried forward | 14 | €305,442 | €303,776 | -€1,666 | -0.5% |
| Amounts payable | 17/49 | €366,387 | €370,566 | +€4,179 | +1.1% |
| Amounts payable within one year | 42/48 | €366,387 | €370,566 | +€4,179 | +1.1% |
| Trade debts | 44 | €197,931 | €172,675 | -€25,256 | -12.8% |
| Suppliers | 440/4 | €197,931 | €172,675 | -€25,256 | -12.8% |
| Taxes, remuneration and social security | 45 | €132,321 | €145,118 | +€12,797 | +9.7% |
| Taxes | 450/3 | €53,995 | €67,949 | +€13,954 | +25.8% |
| Remuneration and social security | 454/9 | €78,327 | €77,170 | -€1,157 | -1.5% |
| Other amounts payable | 47/48 | €36,135 | €52,772 | +€16,637 | +46.0% |
| Non-recurring operating income | 76A | €11,570 | €14,463 | +€2,893 | +25.0% |
| Remuneration, social security and pensions | 62 | €396,692 | €399,872 | +€3,180 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,252 | €146,554 | +€46,302 | +46.2% |
| Other operating charges | 640/8 | €9,673 | €5,499 | -€4,173 | -43.1% |
| Non-recurring operating charges | 66A | €26,142 | - | -€26,142 | |
| Gross operating margin | 9900 | €1,302,574 | €1,312,672 | +€10,099 | +0.8% |
| Operating profit (loss) | 9901 | €769,814 | €760,746 | -€9,068 | -1.2% |
| Financial income | 75/76B | €34,388 | €147,030 | +€112,641 | +328% |
| Recurring financial income | 75 | €34,388 | €147,030 | +€112,641 | +328% |
| Financial charges | 65/66B | -€12,289 | €2,057 | +€14,346 | |
| Recurring financial charges | 65 | -€12,289 | €2,057 | +€14,346 | |
| Profit (loss) for the period before taxes | 9903 | €816,491 | €905,719 | +€89,228 | +10.9% |
| Income taxes | 67/77 | €252,506 | €261,949 | +€9,443 | +3.7% |
| Profit (loss) for the period | 9904 | €563,985 | €643,770 | +€79,785 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €563,985 | €643,770 | +€79,785 | +14.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.