TYRON VAN HEE: 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.
TYRON VAN HEE
Largest movements
- Financial fixed assets +€437,500
up €437,500 (+39.2%), from €1.1m to €1.6m
- Receivables within one year +€79,272
up €79,272 (+1049.9%), from €7,550 to €86,823
of which Other amounts receivable: +€75,151
- Tangible fixed assets +€75,291
new in 2025: €75,291
- Cash -€72,473
down €72,473 (-62.4%), from €116,189 to €43,716
mainly Investment in fixed assets (net) (-€524,964) and Other debts (-€183,618)
- Contributions +€437,500
up €437,500 (+2187.5%), from €20,000 to €457,500
- Tax, wage and social debts +€198,983
up €198,983 (+489.8%), from €40,625 to €239,608
of which Remuneration and social security: +€193,000
- Other debts -€183,618
no longer reported in 2025 (was €183,618)
- Debts after one year +€58,476
new in 2025: €58,476
- Financial income -€78,566
down €78,566 (-28.1%), from €280,000 to €201,434
- Gross operating margin +€19,378
up €19,378 (+119.4%), from €16,229 to €35,607
- Depreciation +€11,832
up €11,832 (+3465.0%), from €341 to €12,173
- Taxes -€5,533
down €5,533 (-18.4%), from €30,001 to €24,468
- Financial charges +€2,078
up €2,078 (+4777.3%), from €44 to €2,122
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.
Cash bridge derived
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 | €1,240,881 | €1,761,993 | +€521,112 | +42.0% |
| Fixed assets | 21/28 | €1,115,000 | €1,627,791 | +€512,791 | +46.0% |
| Tangible fixed assets | 22/27 | - | €75,291 | +€75,291 | |
| Leasing and similar rights | 25 | - | €75,291 | +€75,291 | |
| Financial fixed assets | 28 | €1,115,000 | €1,552,500 | +€437,500 | +39.2% |
| Current assets | 29/58 | €125,881 | €134,203 | +€8,321 | +6.6% |
| Amounts receivable within one year | 40/41 | €7,550 | €86,823 | +€79,272 | +1049.9% |
| Trade receivables | 40 | €7,550 | €11,671 | +€4,121 | +54.6% |
| Other amounts receivable | 41 | - | €75,151 | +€75,151 | |
| Cash at bank and in hand | 54/58 | €116,189 | €43,716 | -€72,473 | -62.4% |
| Deferred charges and accrued income | 490/1 | €2,142 | €3,665 | +€1,523 | +71.1% |
| Total equity and liabilities | 10/49 | €1,240,881 | €1,761,993 | +€521,112 | +42.0% |
| Equity | 10/15 | €1,001,234 | €1,440,868 | +€439,634 | +43.9% |
| Contributions | 10/11 | €20,000 | €457,500 | +€437,500 | +2187.5% |
| Reserves | 13 | €979,862 | €981,996 | +€2,134 | +0.2% |
| Tax-exempt reserves | 132 | €14,525 | €14,525 | = | 0.0% |
| Distributable reserves | 133 | €965,337 | €967,471 | +€2,134 | +0.2% |
| Profit (loss) carried forward | 14 | €1,372 | €1,372 | = | 0.0% |
| Amounts payable | 17/49 | €239,647 | €321,125 | +€81,478 | +34.0% |
| Amounts payable after more than one year | 17 | - | €58,476 | +€58,476 | |
| Financial debts | 170/4 | - | €58,476 | +€58,476 | |
| Amounts payable within one year | 42/48 | €237,972 | €261,849 | +€23,878 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | - | €16,769 | +€16,769 | |
| Trade debts | 44 | €13,728 | €5,472 | -€8,256 | -60.1% |
| Suppliers | 440/4 | €13,728 | €5,472 | -€8,256 | -60.1% |
| Taxes, remuneration and social security | 45 | €40,625 | €239,608 | +€198,983 | +489.8% |
| Taxes | 450/3 | €40,625 | €46,608 | +€5,983 | +14.7% |
| Remuneration and social security | 454/9 | - | €193,000 | +€193,000 | |
| Other amounts payable | 47/48 | €183,618 | - | -€183,618 | |
| Accrued charges and deferred income | 492/3 | €1,675 | €800 | -€875 | -52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341 | €12,173 | +€11,832 | +3465.0% |
| Other operating charges | 640/8 | €1,234 | €3,145 | +€1,910 | +154.8% |
| Gross operating margin | 9900 | €16,229 | €35,607 | +€19,378 | +119.4% |
| Operating profit (loss) | 9901 | €14,654 | €20,290 | +€5,636 | +38.5% |
| Financial income | 75/76B | €280,000 | €201,434 | -€78,566 | -28.1% |
| Recurring financial income | 75 | €280,000 | €201,434 | -€78,566 | -28.1% |
| Financial charges | 65/66B | €44 | €2,122 | +€2,078 | +4777.3% |
| Recurring financial charges | 65 | €44 | €2,122 | +€2,078 | +4777.3% |
| Profit (loss) for the period before taxes | 9903 | €294,610 | €219,602 | -€75,008 | -25.5% |
| Income taxes | 67/77 | €30,001 | €24,468 | -€5,533 | -18.4% |
| Profit (loss) for the period | 9904 | €264,609 | €195,134 | -€69,475 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €264,609 | €195,134 | -€69,475 | -26.3% |
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 10 October 2026 via checked.be.