IR Vanhoutte: what changed
IR Vanhoutte
Largest movements
- Cash +€59,687
up €59,687 (+54.1%), from €110,260 to €169,947
mainly Current investments (+€48,202) and Other debts (+€4,501)
- Current investments -€48,202
down €48,202 (-43.2%), from €111,697 to €63,495
- Deferred charges and accrued income -€3,483
no longer reported in 2025 (was €3,483)
- Other debts +€4,501
up €4,501 (+140%), from €3,208 to €7,710
- Profit (loss) carried forward -€4,381
down €4,381 (-537%), from -€816 to -€5,197
- Advances received +€4,226
new in 2025: €4,226
- Financial charges +€4,880
up €4,880 (+1,519%), from €321 to €5,201
- Financial income +€1,232
up €1,232 (+67.9%), from €1,815 to €3,047
- Depreciation -€856
down €856 (-28.9%), from €2,959 to €2,103
- Gross operating margin -€628
down €628 (-21.6%), from €2,906 to €2,278
- Other operating charges +€286
up €286 (+10.6%), from €2,696 to €2,982
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 | €255,362 | €259,121 | +€3,760 | +1.5% |
| Fixed assets | 21/28 | €20,772 | €18,668 | -€2,103 | -10.1% |
| Tangible fixed assets | 22/27 | €18,222 | €16,118 | -€2,103 | -11.5% |
| Land and buildings | 22 | €15,340 | €14,244 | -€1,096 | -7.1% |
| Plant, machinery and equipment | 23 | €2,882 | €1,875 | -€1,007 | -35.0% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €234,590 | €240,453 | +€5,863 | +2.5% |
| Amounts receivable within one year | 40/41 | €9,150 | €7,011 | -€2,139 | -23.4% |
| Trade receivables | 40 | €2,256 | - | -€2,256 | |
| Other amounts receivable | 41 | €6,893 | €7,011 | +€117 | +1.7% |
| Current investments | 50/53 | €111,697 | €63,495 | -€48,202 | -43.2% |
| Cash at bank and in hand | 54/58 | €110,260 | €169,947 | +€59,687 | +54.1% |
| Deferred charges and accrued income | 490/1 | €3,483 | - | -€3,483 | |
| Total equity and liabilities | 10/49 | €255,362 | €259,121 | +€3,760 | +1.5% |
| Equity | 10/15 | €251,180 | €246,799 | -€4,381 | -1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €233,396 | €233,396 | = | 0.0% |
| Distributable reserves | 133 | €233,396 | €233,396 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€816 | -€5,197 | -€4,381 | -537% |
| Amounts payable | 17/49 | €4,182 | €12,323 | +€8,141 | +195% |
| Amounts payable within one year | 42/48 | €4,182 | €12,053 | +€7,871 | +188% |
| Trade debts | 44 | €973 | €117 | -€857 | -88.0% |
| Suppliers | 440/4 | €973 | €117 | -€857 | -88.0% |
| Advances received on contracts in progress | 46 | - | €4,226 | +€4,226 | |
| Other amounts payable | 47/48 | €3,208 | €7,710 | +€4,501 | +140% |
| Accrued charges and deferred income | 492/3 | - | €270 | +€270 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,959 | €2,103 | -€856 | -28.9% |
| Other operating charges | 640/8 | €2,696 | €2,982 | +€286 | +10.6% |
| Gross operating margin | 9900 | €2,906 | €2,278 | -€628 | -21.6% |
| Operating profit (loss) | 9901 | -€2,749 | -€2,807 | -€59 | -2.1% |
| Financial income | 75/76B | €1,815 | €3,047 | +€1,232 | +67.9% |
| Recurring financial income | 75 | €1,815 | €3,047 | +€1,232 | +67.9% |
| Financial charges | 65/66B | €321 | €5,201 | +€4,880 | +1,519% |
| Recurring financial charges | 65 | €321 | €5,201 | +€4,880 | +1,519% |
| Profit (loss) for the period before taxes | 9903 | -€1,255 | -€4,961 | -€3,706 | -295% |
| Income taxes | 67/77 | -€439 | -€580 | -€140 | -31.9% |
| Profit (loss) for the period | 9904 | -€816 | -€4,381 | -€3,566 | -437% |
| Profit (loss) for the period to be appropriated | 9905 | -€816 | -€4,381 | -€3,566 | -437% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.