VAN AEKEN HRD SERVICES: 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.
VAN AEKEN HRD SERVICES
Largest movements
- Cash -€57,715
down €57,715 (-34.9%), from €165,494 to €107,780
mainly Current investments (-€50,000) and Contributions, distributions and other (-€21,109)
- Current investments +€50,000
new in 2025: €50,000
- Receivables within one year -€11,480
down €11,480 (-60.0%), from €19,148 to €7,669
of which Trade receivables: -€11,843
- Tangible fixed assets +€9,814
up €9,814 (+472%), from €2,081 to €11,894
of which Furniture and vehicles: +€10,869
- Reserves -€9,902
down €9,902 (-7.0%), from €142,202 to €132,301
- Other debts +€4,304
up €4,304 (+18.4%), from €23,413 to €27,717
- Tax, wage and social debts -€4,033
down €4,033 (-27.0%), from €14,934 to €10,901
of which Taxes: -€4,149
- Gross operating margin -€3,322
down €3,322 (-7.3%), from €45,571 to €42,249
- Taxes -€2,404
down €2,404 (-37.6%), from €6,393 to €3,989
- Staff costs +€1,066
up €1,066 (+4.9%), from €21,642 to €22,708
- Depreciation +€754
up €754 (+43.1%), from €1,749 to €2,504
- Other operating charges +€581
up €581 (+94.6%), from €615 to €1,196
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 | €187,871 | €178,108 | -€9,764 | -5.2% |
| Fixed assets | 21/28 | €2,081 | €11,894 | +€9,814 | +472% |
| Tangible fixed assets | 22/27 | €2,081 | €11,894 | +€9,814 | +472% |
| Plant, machinery and equipment | 23 | €2,081 | €1,025 | -€1,055 | -50.7% |
| Furniture and vehicles | 24 | - | €10,869 | +€10,869 | |
| Current assets | 29/58 | €185,791 | €166,213 | -€19,578 | -10.5% |
| Amounts receivable within one year | 40/41 | €19,148 | €7,669 | -€11,480 | -60.0% |
| Trade receivables | 40 | €15,254 | €3,411 | -€11,843 | -77.6% |
| Other amounts receivable | 41 | €3,894 | €4,258 | +€364 | +9.3% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €165,494 | €107,780 | -€57,715 | -34.9% |
| Deferred charges and accrued income | 490/1 | €1,148 | €765 | -€383 | -33.4% |
| Total equity and liabilities | 10/49 | €187,871 | €178,108 | -€9,764 | -5.2% |
| Equity | 10/15 | €148,402 | €138,501 | -€9,902 | -6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €142,202 | €132,301 | -€9,902 | -7.0% |
| Distributable reserves | 133 | €142,202 | €132,301 | -€9,902 | -7.0% |
| Amounts payable | 17/49 | €39,469 | €39,607 | +€138 | +0.3% |
| Amounts payable within one year | 42/48 | €39,469 | €39,607 | +€138 | +0.3% |
| Trade debts | 44 | €1,122 | €990 | -€132 | -11.8% |
| Suppliers | 440/4 | €1,122 | €990 | -€132 | -11.8% |
| Taxes, remuneration and social security | 45 | €14,934 | €10,901 | -€4,033 | -27.0% |
| Taxes | 450/3 | €10,734 | €6,585 | -€4,149 | -38.6% |
| Remuneration and social security | 454/9 | €4,200 | €4,315 | +€115 | +2.7% |
| Other amounts payable | 47/48 | €23,413 | €27,717 | +€4,304 | +18.4% |
| Remuneration, social security and pensions | 62 | €21,642 | €22,708 | +€1,066 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,749 | €2,504 | +€754 | +43.1% |
| Other operating charges | 640/8 | €615 | €1,196 | +€581 | +94.6% |
| Gross operating margin | 9900 | €45,571 | €42,249 | -€3,322 | -7.3% |
| Operating profit (loss) | 9901 | €21,564 | €15,841 | -€5,723 | -26.5% |
| Financial income | 75/76B | €910 | €825 | -€85 | -9.4% |
| Recurring financial income | 75 | €910 | €825 | -€85 | -9.4% |
| Financial charges | 65/66B | €1,944 | €1,469 | -€475 | -24.4% |
| Recurring financial charges | 65 | €1,944 | €1,469 | -€475 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €20,530 | €15,197 | -€5,334 | -26.0% |
| Income taxes | 67/77 | €6,393 | €3,989 | -€2,404 | -37.6% |
| Profit (loss) for the period | 9904 | €14,137 | €11,208 | -€2,929 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,137 | €11,208 | -€2,929 | -20.7% |
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.