LE VIEUX HETRE: 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.
LE VIEUX HETRE
Largest movements
- Cash +€35,698
up €35,698 (+135%), from €26,393 to €62,091
mainly Net result for the year (+€23,853) and Receivables within one year (+€12,882)
- Receivables within one year -€12,882
down €12,882 (-77.3%), from €16,666 to €3,784
of which Other amounts receivable: -€10,910
- Deferred charges and accrued income -€4,718
down €4,718 (-100%), from €4,718 to €0
- Tangible fixed assets -€4,536
down €4,536 (-35.7%), from €12,704 to €8,168
of which Furniture and vehicles: -€3,856
- Profit (loss) carried forward +€19,725
up €19,725 (+34.9%), from -€56,526 to -€36,801
- Other debts -€11,410
down €11,410 (-28.3%), from €40,368 to €28,958
- Tax, wage and social debts +€5,123
up €5,123 (+816%), from €628 to €5,751
- Purchases and services -€75,839
no longer reported in 2025 (was €75,839)
- Turnover -€69,198
no longer reported in 2025 (was €69,198)
- Gross operating margin +€42,884
up €42,884 (+3,225%), from €1,330 to €44,213
- Other operating charges +€5,687
up €5,687 (+251%), from €2,263 to €7,950
- Taxes +€4,383
up €4,383 (+582%), from €753 to €5,136
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 | €61,056 | €74,293 | +€13,237 | +21.7% |
| Fixed assets | 21/28 | €12,704 | €8,168 | -€4,536 | -35.7% |
| Tangible fixed assets | 22/27 | €12,704 | €8,168 | -€4,536 | -35.7% |
| Land and buildings | 22 | €680 | €0 | -€680 | -100% |
| Furniture and vehicles | 24 | €12,024 | €8,168 | -€3,856 | -32.1% |
| Current assets | 29/58 | €48,352 | €66,125 | +€17,773 | +36.8% |
| Stocks and contracts in progress | 3 | €575 | €250 | -€325 | -56.5% |
| Stocks | 30/36 | €575 | €250 | -€325 | -56.5% |
| Amounts receivable within one year | 40/41 | €16,666 | €3,784 | -€12,882 | -77.3% |
| Trade receivables | 40 | €4,873 | €2,901 | -€1,972 | -40.5% |
| Other amounts receivable | 41 | €11,793 | €883 | -€10,910 | -92.5% |
| Cash at bank and in hand | 54/58 | €26,393 | €62,091 | +€35,698 | +135% |
| Deferred charges and accrued income | 490/1 | €4,718 | €0 | -€4,718 | -100% |
| Total equity and liabilities | 10/49 | €61,056 | €74,293 | +€13,237 | +21.7% |
| Equity | 10/15 | €16,747 | €36,473 | +€19,725 | +118% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €11,774 | €11,774 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €5,576 | €5,576 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,526 | -€36,801 | +€19,725 | +34.9% |
| Amounts payable | 17/49 | €44,309 | €37,821 | -€6,488 | -14.6% |
| Amounts payable within one year | 42/48 | €44,309 | €37,821 | -€6,488 | -14.6% |
| Trade debts | 44 | €3,313 | €3,112 | -€201 | -6.1% |
| Suppliers | 440/4 | €3,313 | €3,112 | -€201 | -6.1% |
| Taxes, remuneration and social security | 45 | €628 | €5,751 | +€5,123 | +816% |
| Taxes | 450/3 | €628 | €5,751 | +€5,123 | +816% |
| Other amounts payable | 47/48 | €40,368 | €28,958 | -€11,410 | -28.3% |
| Turnover | 70 | €69,198 | - | -€69,198 | |
| Goods, raw materials, services and sundry goods | 60/61 | €75,839 | - | -€75,839 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,638 | €7,180 | -€458 | -6.0% |
| Other operating charges | 640/8 | €2,263 | €7,950 | +€5,687 | +251% |
| Gross operating margin | 9900 | €1,330 | €44,213 | +€42,884 | +3,225% |
| Operating profit (loss) | 9901 | -€8,572 | €29,084 | +€37,656 | |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | €8 | €167 | +€158 | +1,883% |
| Recurring financial charges | 65 | €8 | €167 | +€158 | +1,883% |
| Profit (loss) for the period before taxes | 9903 | -€8,580 | €28,989 | +€37,570 | |
| Income taxes | 67/77 | €753 | €5,136 | +€4,383 | +582% |
| Profit (loss) for the period | 9904 | -€9,334 | €23,853 | +€33,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,334 | €23,853 | +€33,187 |
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 1 November 2026 via checked.be.