HILDE VAN DE VELDE: 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.
HILDE VAN DE VELDE
Largest movements
- Receivables after one year +€122,800
up €122,800 (+18.5%), from €665,000 to €787,800
- Cash -€41,273
down €41,273 (-34.3%), from €120,375 to €79,102
mainly Contributions, distributions and other (-€200,000) and Other debts (-€158,500)
- Tangible fixed assets -€31,653
down €31,653 (-4.0%), from €789,737 to €758,083
of which Land and buildings: -€28,340
- Profit (loss) carried forward +€238,625
up €238,625 (+194%), from €122,746 to €361,371
- Other debts -€158,500
down €158,500 (-17.6%), from €899,917 to €741,417
- Debts after one year -€85,574
down €85,574 (-35.0%), from €244,509 to €158,935
- Tax, wage and social debts +€23,455
up €23,455 (+769%), from €3,050 to €26,505
- Short-term financial debts +€18,332
up €18,332 (+1,099%), from €1,668 to €20,000
of which Other loans: +€20,000
- Gross operating margin +€41,881
up €41,881 (+6.8%), from €613,426 to €655,306
- Taxes +€13,791
up €13,791 (+9.9%), from €139,664 to €153,455
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 | €1,607,937 | €1,655,685 | +€47,748 | +3.0% |
| Fixed assets | 21/28 | €791,598 | €759,945 | -€31,653 | -4.0% |
| Tangible fixed assets | 22/27 | €789,737 | €758,083 | -€31,653 | -4.0% |
| Land and buildings | 22 | €719,568 | €691,227 | -€28,340 | -3.9% |
| Furniture and vehicles | 24 | €9,966 | €6,653 | -€3,313 | -33.2% |
| Other tangible fixed assets | 26 | €60,203 | €60,203 | = | 0.0% |
| Financial fixed assets | 28 | €1,862 | €1,862 | = | 0.0% |
| Current assets | 29/58 | €816,339 | €895,740 | +€79,401 | +9.7% |
| Amounts receivable after more than one year | 29 | €665,000 | €787,800 | +€122,800 | +18.5% |
| Other amounts receivable | 291 | €665,000 | €787,800 | +€122,800 | +18.5% |
| Amounts receivable within one year | 40/41 | €13,279 | €8,442 | -€4,837 | -36.4% |
| Trade receivables | 40 | €1,135 | - | -€1,135 | |
| Other amounts receivable | 41 | €12,144 | €8,442 | -€3,702 | -30.5% |
| Cash at bank and in hand | 54/58 | €120,375 | €79,102 | -€41,273 | -34.3% |
| Deferred charges and accrued income | 490/1 | €17,686 | €20,396 | +€2,710 | +15.3% |
| Total equity and liabilities | 10/49 | €1,607,937 | €1,655,685 | +€47,748 | +3.0% |
| Equity | 10/15 | €327,120 | €565,745 | +€238,625 | +72.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €174,374 | €174,374 | = | 0.0% |
| Distributable reserves | 133 | €174,374 | €174,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,746 | €361,371 | +€238,625 | +194% |
| Amounts payable | 17/49 | €1,280,817 | €1,089,940 | -€190,878 | -14.9% |
| Amounts payable after more than one year | 17 | €244,509 | €158,935 | -€85,574 | -35.0% |
| Financial debts | 170/4 | €244,509 | €158,935 | -€85,574 | -35.0% |
| Amounts payable within one year | 42/48 | €1,004,004 | €898,640 | -€105,365 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €88,386 | €89,296 | +€910 | +1.0% |
| Financial debts | 43 | €1,668 | €20,000 | +€18,332 | +1,099% |
| Credit institutions | 430/8 | €1,668 | - | -€1,668 | |
| Other loans | 439 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €10,984 | €21,422 | +€10,438 | +95.0% |
| Suppliers | 440/4 | €10,984 | €21,422 | +€10,438 | +95.0% |
| Taxes, remuneration and social security | 45 | €3,050 | €26,505 | +€23,455 | +769% |
| Taxes | 450/3 | €3,050 | €26,505 | +€23,455 | +769% |
| Other amounts payable | 47/48 | €899,917 | €741,417 | -€158,500 | -17.6% |
| Accrued charges and deferred income | 492/3 | €32,304 | €32,365 | +€61 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,987 | €41,032 | +€2,045 | +5.2% |
| Other operating charges | 640/8 | €3,417 | €3,555 | +€138 | +4.1% |
| Gross operating margin | 9900 | €613,426 | €655,306 | +€41,881 | +6.8% |
| Operating profit (loss) | 9901 | €571,022 | €610,720 | +€39,698 | +7.0% |
| Financial income | 75/76B | €16,038 | €19,593 | +€3,555 | +22.2% |
| Recurring financial income | 75 | €16,038 | €19,593 | +€3,555 | +22.2% |
| Financial charges | 65/66B | €36,025 | €38,232 | +€2,207 | +6.1% |
| Recurring financial charges | 65 | €36,025 | €38,232 | +€2,207 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €551,035 | €592,081 | +€41,045 | +7.4% |
| Income taxes | 67/77 | €139,664 | €153,455 | +€13,791 | +9.9% |
| Profit (loss) for the period | 9904 | €411,371 | €438,625 | +€27,254 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €411,371 | €438,625 | +€27,254 | +6.6% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.