V.H. CLEAN: 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.
V.H. CLEAN
Largest movements
- Receivables within one year -€443,265
down €443,265 (-40.9%), from €1.1m to €640,664
of which Trade receivables: -€452,074
- Cash -€141,872
down €141,872 (-37.4%), from €378,899 to €237,027
mainly Trade debts (-€216,201) and Tax, wage and social debts (-€162,096)
- Trade debts -€216,201
down €216,201 (-57.2%), from €378,159 to €161,958
- Tax, wage and social debts -€162,096
down €162,096 (-31.5%), from €515,011 to €352,915
of which Remuneration and social security: -€167,585
- Reserves -€128,809
down €128,809 (-33.7%), from €381,732 to €252,923
of which Distributable reserves: -€128,809
- Profit (loss) carried forward -€108,027
down €108,027, from €0 to -€108,027
- Other debts +€74,080
up €74,080 (+155.9%), from €47,509 to €121,588
- Gross operating margin -€1.5m
down €1.5m (-34.8%), from €4.3m to €2.8m
- Staff costs -€1.3m
down €1.3m (-30.3%), from €4.1m to €2.9m
- Purchases and services -€68,482
down €68,482 (-18.1%), from €379,274 to €310,792
- Taxes -€47,913
down €47,913 (-98.2%), from €48,790 to €878
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 | €1,855,933 | €1,257,552 | -€598,382 | -32.2% |
| Fixed assets | 21/28 | €392,868 | €379,593 | -€13,275 | -3.4% |
| Tangible fixed assets | 22/27 | €391,368 | €378,093 | -€13,275 | -3.4% |
| Land and buildings | 22 | €293,336 | €282,127 | -€11,209 | -3.8% |
| Plant, machinery and equipment | 23 | €93,359 | €89,964 | -€3,395 | -3.6% |
| Furniture and vehicles | 24 | €1,549 | €4,531 | +€2,981 | +192.4% |
| Leasing and similar rights | 25 | €3,125 | €1,472 | -€1,653 | -52.9% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €1,463,065 | €877,958 | -€585,106 | -40.0% |
| Amounts receivable within one year | 40/41 | €1,083,929 | €640,664 | -€443,265 | -40.9% |
| Trade receivables | 40 | €912,566 | €460,492 | -€452,074 | -49.5% |
| Other amounts receivable | 41 | €171,363 | €180,172 | +€8,809 | +5.1% |
| Cash at bank and in hand | 54/58 | €378,899 | €237,027 | -€141,872 | -37.4% |
| Deferred charges and accrued income | 490/1 | €237 | €268 | +€31 | +13.0% |
| Total equity and liabilities | 10/49 | €1,855,933 | €1,257,552 | -€598,382 | -32.2% |
| Equity | 10/15 | €387,932 | €151,097 | -€236,835 | -61.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €381,732 | €252,923 | -€128,809 | -33.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €379,872 | €251,063 | -€128,809 | -33.9% |
| Profit (loss) carried forward | 14 | €0 | -€108,027 | -€108,027 | |
| Amounts payable | 17/49 | €1,468,001 | €1,106,455 | -€361,546 | -24.6% |
| Amounts payable after more than one year | 17 | €264,381 | €204,102 | -€60,279 | -22.8% |
| Financial debts | 170/4 | €264,381 | €204,102 | -€60,279 | -22.8% |
| Amounts payable within one year | 42/48 | €1,198,873 | €898,754 | -€300,119 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €133,195 | €137,293 | +€4,098 | +3.1% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €378,159 | €161,958 | -€216,201 | -57.2% |
| Suppliers | 440/4 | €378,159 | €161,958 | -€216,201 | -57.2% |
| Taxes, remuneration and social security | 45 | €515,011 | €352,915 | -€162,096 | -31.5% |
| Taxes | 450/3 | €51,114 | €56,603 | +€5,489 | +10.7% |
| Remuneration and social security | 454/9 | €463,896 | €296,311 | -€167,585 | -36.1% |
| Other amounts payable | 47/48 | €47,509 | €121,588 | +€74,080 | +155.9% |
| Accrued charges and deferred income | 492/3 | €4,747 | €3,598 | -€1,149 | -24.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €379,274 | €310,792 | -€68,482 | -18.1% |
| Remuneration, social security and pensions | 62 | €4,142,900 | €2,889,095 | -€1.3m | -30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,927 | €24,414 | -€2,513 | -9.3% |
| Other operating charges | 640/8 | €6,221 | €9,038 | +€2,817 | +45.3% |
| Gross operating margin | 9900 | €4,343,377 | €2,831,348 | -€1.5m | -34.8% |
| Operating profit (loss) | 9901 | €167,329 | -€91,198 | -€258,527 | |
| Financial income | 75/76B | €6,954 | €6,624 | -€330 | -4.7% |
| Recurring financial income | 75 | €6,954 | €6,624 | -€330 | -4.7% |
| Financial charges | 65/66B | €21,567 | €22,574 | +€1,007 | +4.7% |
| Recurring financial charges | 65 | €21,567 | €22,574 | +€1,007 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €152,716 | -€107,149 | -€259,865 | |
| Income taxes | 67/77 | €48,790 | €878 | -€47,913 | -98.2% |
| Profit (loss) for the period | 9904 | €103,926 | -€108,027 | -€211,952 | |
| Profit (loss) for the period to be appropriated | 9905 | €103,926 | -€108,027 | -€211,952 |
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.