Schilderwerken Vanhelden: 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.
Schilderwerken Vanhelden
Largest movements
- Cash +€54,340
up €54,340 (+162%), from €33,493 to €87,833
mainly Net result for the year (+€37,746) and Receivables within one year (+€29,065)
- Receivables within one year -€29,065
down €29,065 (-43.7%), from €66,473 to €37,408
of which Trade receivables: -€18,630
- Tangible fixed assets +€5,044
up €5,044 (+28.7%), from €17,558 to €22,601
of which Furniture and vehicles: +€5,848
- Deferred charges and accrued income +€3,757
up €3,757 (+96.6%), from €3,887 to €7,645
- Current investments +€3,430
up €3,430 (+2.1%), from €165,000 to €168,430
- Reserves +€37,746
up €37,746 (+14.9%), from €253,085 to €290,830
- Trade debts -€4,809
down €4,809 (-63.2%), from €7,605 to €2,796
- Tax, wage and social debts +€4,778
up €4,778 (+70.9%), from €6,736 to €11,513
of which Taxes: +€6,609
- Gross operating margin +€32,730
up €32,730 (+41.5%), from €78,885 to €111,615
- Taxes +€9,342
up €9,342 (+141%), from €6,612 to €15,954
- Financial income +€4,990
up €4,990 (+563%), from €887 to €5,877
- Financial charges +€4,098
up €4,098 (+154%), from €2,660 to €6,759
- Staff costs +€1,722
up €1,722 (+3.6%), from €47,552 to €49,275
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 | €286,410 | €323,916 | +€37,506 | +13.1% |
| Fixed assets | 21/28 | €17,558 | €22,601 | +€5,044 | +28.7% |
| Tangible fixed assets | 22/27 | €17,558 | €22,601 | +€5,044 | +28.7% |
| Land and buildings | 22 | €1,020 | €765 | -€255 | -25.0% |
| Plant, machinery and equipment | 23 | €2,299 | €2,566 | +€267 | +11.6% |
| Furniture and vehicles | 24 | €6,371 | €12,219 | +€5,848 | +91.8% |
| Other tangible fixed assets | 26 | €7,868 | €7,052 | -€816 | -10.4% |
| Current assets | 29/58 | €268,852 | €301,315 | +€32,462 | +12.1% |
| Amounts receivable within one year | 40/41 | €66,473 | €37,408 | -€29,065 | -43.7% |
| Trade receivables | 40 | €56,038 | €37,408 | -€18,630 | -33.2% |
| Other amounts receivable | 41 | €10,435 | €0 | -€10,435 | -100% |
| Current investments | 50/53 | €165,000 | €168,430 | +€3,430 | +2.1% |
| Cash at bank and in hand | 54/58 | €33,493 | €87,833 | +€54,340 | +162% |
| Deferred charges and accrued income | 490/1 | €3,887 | €7,645 | +€3,757 | +96.6% |
| Total equity and liabilities | 10/49 | €286,410 | €323,916 | +€37,506 | +13.1% |
| Equity | 10/15 | €271,685 | €309,430 | +€37,746 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €253,085 | €290,830 | +€37,746 | +14.9% |
| Distributable reserves | 133 | €253,085 | €290,830 | +€37,746 | +14.9% |
| Amounts payable | 17/49 | €14,726 | €14,486 | -€240 | -1.6% |
| Amounts payable within one year | 42/48 | €14,726 | €14,486 | -€240 | -1.6% |
| Trade debts | 44 | €7,605 | €2,796 | -€4,809 | -63.2% |
| Suppliers | 440/4 | €7,605 | €2,796 | -€4,809 | -63.2% |
| Taxes, remuneration and social security | 45 | €6,736 | €11,513 | +€4,778 | +70.9% |
| Taxes | 450/3 | €4,904 | €11,513 | +€6,609 | +135% |
| Remuneration and social security | 454/9 | €1,832 | €0 | -€1,832 | -100% |
| Other amounts payable | 47/48 | €385 | €177 | -€209 | -54.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €47,552 | €49,275 | +€1,722 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,477 | €6,068 | +€1,591 | +35.5% |
| Other operating charges | 640/8 | €664 | €1,691 | +€1,027 | +155% |
| Gross operating margin | 9900 | €78,885 | €111,615 | +€32,730 | +41.5% |
| Operating profit (loss) | 9901 | €26,192 | €54,581 | +€28,390 | +108% |
| Financial income | 75/76B | €887 | €5,877 | +€4,990 | +563% |
| Recurring financial income | 75 | €887 | €5,877 | +€4,990 | +563% |
| Financial charges | 65/66B | €2,660 | €6,759 | +€4,098 | +154% |
| Recurring financial charges | 65 | €2,660 | €6,759 | +€4,098 | +154% |
| Profit (loss) for the period before taxes | 9903 | €24,418 | €53,700 | +€29,282 | +120% |
| Income taxes | 67/77 | €6,612 | €15,954 | +€9,342 | +141% |
| Profit (loss) for the period | 9904 | €17,806 | €37,746 | +€19,939 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €17,806 | €37,746 | +€19,939 | +112% |
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 29 October 2026 via checked.be.