HEIN VANKEERSBILCK: what changed
HEIN VANKEERSBILCK
Largest movements
- Cash -€65,554
down €65,554 (-95.2%), from €68,895 to €3,341
mainly Net result for the year (-€55,290) and Tax, wage and social debts (-€36,843)
- Receivables within one year -€22,669
down €22,669 (-33.2%), from €68,344 to €45,676
of which Other amounts receivable: -€22,598
- Tangible fixed assets -€14,215
down €14,215 (-9.3%), from €152,493 to €138,278
- Intangible fixed assets -€9,113
down €9,113 (-100%), from €9,113 to €0
- Profit (loss) carried forward -€55,290
down €55,290, from €0 to -€55,290
- Tax, wage and social debts -€36,843
down €36,843 (-100%), from €36,843 to €0
of which Taxes: -€34,288
- Debts after one year -€13,635
down €13,635 (-8.2%), from €167,013 to €153,378
- Gross operating margin -€180,917
down €180,917, from €151,777 to -€29,140
- Taxes -€35,188
down €35,188 (-100%), from €35,188 to €0
- Staff costs -€10,051
down €10,051 (-100%), from €10,051 to €0
- Depreciation -€2,759
down €2,759 (-10.6%), from €26,086 to €23,327
- Financial income +€2,133
up €2,133 (+136%), from €1,568 to €3,701
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,594 | €191,314 | -€109,280 | -36.4% |
| Fixed assets | 21/28 | €161,606 | €138,278 | -€23,327 | -14.4% |
| Intangible fixed assets | 21 | €9,113 | €0 | -€9,113 | -100% |
| Tangible fixed assets | 22/27 | €152,493 | €138,278 | -€14,215 | -9.3% |
| Land and buildings | 22 | €152,493 | €138,278 | -€14,215 | -9.3% |
| Current assets | 29/58 | €138,989 | €53,036 | -€85,953 | -61.8% |
| Amounts receivable within one year | 40/41 | €68,344 | €45,676 | -€22,669 | -33.2% |
| Trade receivables | 40 | €71 | €0 | -€71 | -100% |
| Other amounts receivable | 41 | €68,274 | €45,676 | -€22,598 | -33.1% |
| Cash at bank and in hand | 54/58 | €68,895 | €3,341 | -€65,554 | -95.2% |
| Deferred charges and accrued income | 490/1 | €1,749 | €4,019 | +€2,270 | +130% |
| Total equity and liabilities | 10/49 | €300,594 | €191,314 | -€109,280 | -36.4% |
| Equity | 10/15 | €78,305 | €23,015 | -€55,290 | -70.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,705 | €59,705 | = | 0.0% |
| Distributable reserves | 133 | €59,705 | €59,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€55,290 | -€55,290 | |
| Amounts payable | 17/49 | €222,289 | €168,299 | -€53,990 | -24.3% |
| Amounts payable after more than one year | 17 | €167,013 | €153,378 | -€13,635 | -8.2% |
| Financial debts | 170/4 | €167,013 | €153,378 | -€13,635 | -8.2% |
| Amounts payable within one year | 42/48 | €52,444 | €14,921 | -€37,523 | -71.5% |
| Current portion of amounts payable after more than one year | 42 | €13,260 | €13,635 | +€375 | +2.8% |
| Trade debts | 44 | €2,341 | €1,286 | -€1,055 | -45.1% |
| Suppliers | 440/4 | €2,341 | €1,286 | -€1,055 | -45.1% |
| Taxes, remuneration and social security | 45 | €36,843 | €0 | -€36,843 | -100% |
| Taxes | 450/3 | €34,288 | €0 | -€34,288 | -100% |
| Remuneration and social security | 454/9 | €2,555 | €0 | -€2,555 | -100% |
| Accrued charges and deferred income | 492/3 | €2,832 | €0 | -€2,832 | -100% |
| Remuneration, social security and pensions | 62 | €10,051 | €0 | -€10,051 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,086 | €23,327 | -€2,759 | -10.6% |
| Other operating charges | 640/8 | €1,335 | €1,438 | +€103 | +7.7% |
| Gross operating margin | 9900 | €151,777 | -€29,140 | -€180,917 | |
| Operating profit (loss) | 9901 | €114,305 | -€53,905 | -€168,210 | |
| Financial income | 75/76B | €1,568 | €3,701 | +€2,133 | +136% |
| Recurring financial income | 75 | €1,568 | €3,701 | +€2,133 | +136% |
| Financial charges | 65/66B | €6,985 | €5,086 | -€1,899 | -27.2% |
| Recurring financial charges | 65 | €6,985 | €5,086 | -€1,899 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €108,888 | -€55,290 | -€164,178 | |
| Income taxes | 67/77 | €35,188 | €0 | -€35,188 | -100% |
| Profit (loss) for the period | 9904 | €73,700 | -€55,290 | -€128,990 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,700 | -€55,290 | -€128,990 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.