Hendrik vdv: 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.
Hendrik vdv
Largest movements
- Cash -€2,027
down €2,027 (-20.9%), from €9,696 to €7,669
mainly Net result for the year (-€1,616) and Receivables within one year (-€306)
- Profit (loss) carried forward -€1,616
down €1,616 (-26.4%), from -€6,118 to -€7,734
- Financial income +€1,657
up €1,657 (+1,025%), from €162 to €1,818
- Depreciation -€654
down €654 (-100%), from €654 to €0
- Financial charges -€512
down €512 (-90.2%), from €567 to €55
- Gross operating margin -€484
down €484 (-19.4%), from -€2,495 to -€2,979
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 | €40,479 | €38,636 | -€1,843 | -4.6% |
| Fixed assets | 21/28 | €29,768 | €29,768 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €29,768 | €29,768 | = | 0.0% |
| Current assets | 29/58 | €10,711 | €8,867 | -€1,843 | -17.2% |
| Amounts receivable within one year | 40/41 | €391 | €697 | +€306 | +78.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €391 | €697 | +€306 | +78.1% |
| Current investments | 50/53 | €152 | €152 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,696 | €7,669 | -€2,027 | -20.9% |
| Deferred charges and accrued income | 490/1 | €472 | €350 | -€121 | -25.7% |
| Total equity and liabilities | 10/49 | €40,479 | €38,636 | -€1,843 | -4.6% |
| Equity | 10/15 | €40,144 | €38,527 | -€1,616 | -4.0% |
| Contributions | 10/11 | €10,500 | €10,500 | = | 0.0% |
| Reserves | 13 | €35,762 | €35,762 | = | 0.0% |
| Distributable reserves | 133 | €35,762 | €35,762 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,118 | -€7,734 | -€1,616 | -26.4% |
| Amounts payable | 17/49 | €335 | €108 | -€227 | -67.7% |
| Amounts payable within one year | 42/48 | €335 | €108 | -€227 | -67.7% |
| Trade debts | 44 | €119 | €0 | -€119 | -100% |
| Suppliers | 440/4 | €119 | €0 | -€119 | -100% |
| Other amounts payable | 47/48 | €216 | €108 | -€108 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €654 | €0 | -€654 | -100% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,495 | -€2,979 | -€484 | -19.4% |
| Operating profit (loss) | 9901 | -€3,537 | -€3,379 | +€158 | +4.5% |
| Financial income | 75/76B | €162 | €1,818 | +€1,657 | +1,025% |
| Recurring financial income | 75 | €162 | €1,818 | +€1,657 | +1,025% |
| Financial charges | 65/66B | €567 | €55 | -€512 | -90.2% |
| Recurring financial charges | 65 | €567 | €55 | -€512 | -90.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,942 | -€1,616 | +€2,326 | +59.0% |
| Profit (loss) for the period | 9904 | -€3,942 | -€1,616 | +€2,326 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,942 | -€1,616 | +€2,326 | +59.0% |
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 24 October 2026 via checked.be.