VAN AUDENHOVE: 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 AUDENHOVE
Largest movements
- Receivables within one year +€12,544
up €12,544 (+72.2%), from €17,385 to €29,929
of which Trade receivables: +€11,131
- Tangible fixed assets +€12,396
new in 2025: €12,396
- Cash -€1,950
down €1,950 (-2.2%), from €87,316 to €85,366
mainly Investment in fixed assets (net) (-€15,471) and Contributions, distributions and other (-€15,000)
- Reserves -€15,000
down €15,000 (-29.3%), from €51,200 to €36,200
of which Distributable reserves: -€15,000
- Other debts +€14,250
up €14,250, from €0 to €14,250
- Profit (loss) carried forward +€10,107
up €10,107, from -€9,824 to €283
- Trade debts +€9,577
up €9,577 (+19612.7%), from €49 to €9,626
- Tax, wage and social debts +€4,057
up €4,057 (+317.9%), from €1,276 to €5,332
of which Taxes: +€4,519
- Gross operating margin +€25,679
up €25,679 (+334.3%), from €7,682 to €33,361
- Taxes +€3,964
up €3,964 (+1498.6%), from €264 to €4,228
- Depreciation +€3,075
new in 2025: €3,075
- Staff costs -€2,376
down €2,376 (-29.1%), from €8,156 to €5,780
- Other operating charges +€1,701
up €1,701 (+33.6%), from €5,064 to €6,765
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 | €104,701 | €127,691 | +€22,990 | +22.0% |
| Fixed assets | 21/28 | - | €12,396 | +€12,396 | |
| Tangible fixed assets | 22/27 | - | €12,396 | +€12,396 | |
| Furniture and vehicles | 24 | - | €12,396 | +€12,396 | |
| Current assets | 29/58 | €104,701 | €115,295 | +€10,594 | +10.1% |
| Amounts receivable within one year | 40/41 | €17,385 | €29,929 | +€12,544 | +72.2% |
| Trade receivables | 40 | €17,385 | €28,516 | +€11,131 | +64.0% |
| Other amounts receivable | 41 | €0 | €1,413 | +€1,413 | |
| Cash at bank and in hand | 54/58 | €87,316 | €85,366 | -€1,950 | -2.2% |
| Total equity and liabilities | 10/49 | €104,701 | €127,691 | +€22,990 | +22.0% |
| Equity | 10/15 | €103,376 | €98,483 | -€4,893 | -4.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €51,200 | €36,200 | -€15,000 | -29.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €30,000 | -€15,000 | -33.3% |
| Profit (loss) carried forward | 14 | -€9,824 | €283 | +€10,107 | |
| Amounts payable | 17/49 | €1,325 | €29,208 | +€27,883 | +2104.8% |
| Amounts payable within one year | 42/48 | €1,325 | €29,208 | +€27,883 | +2104.8% |
| Trade debts | 44 | €49 | €9,626 | +€9,577 | +19612.7% |
| Suppliers | 440/4 | €49 | €9,626 | +€9,577 | +19612.7% |
| Taxes, remuneration and social security | 45 | €1,276 | €5,332 | +€4,057 | +317.9% |
| Taxes | 450/3 | €459 | €4,978 | +€4,519 | +984.4% |
| Remuneration and social security | 454/9 | €817 | €354 | -€463 | -56.6% |
| Other amounts payable | 47/48 | €0 | €14,250 | +€14,250 | |
| Remuneration, social security and pensions | 62 | €8,156 | €5,780 | -€2,376 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,075 | +€3,075 | |
| Other operating charges | 640/8 | €5,064 | €6,765 | +€1,701 | +33.6% |
| Non-recurring operating charges | 66A | - | €3,264 | +€3,264 | |
| Gross operating margin | 9900 | €7,682 | €33,361 | +€25,679 | +334.3% |
| Operating profit (loss) | 9901 | -€5,539 | €14,476 | +€20,016 | |
| Financial charges | 65/66B | €128 | €141 | +€14 | +10.8% |
| Recurring financial charges | 65 | €128 | €141 | +€14 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,667 | €14,335 | +€20,002 | |
| Income taxes | 67/77 | €264 | €4,228 | +€3,964 | +1498.6% |
| Profit (loss) for the period | 9904 | -€5,931 | €10,107 | +€16,038 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,931 | €10,107 | +€16,038 |
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 9 October 2026 via checked.be.