VAN AUDENHOVE & ASSOCIATES: 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 & ASSOCIATES
Largest movements
- Cash +€499,300
up €499,300 (+27.9%), from €1.8m to €2.3m
mainly Net result for the year (+€484,871) and Receivables within one year (+€97,139)
- Receivables within one year -€97,139
down €97,139 (-70.9%), from €136,974 to €39,835
of which Trade receivables: -€101,077
- Reserves +€292,000
up €292,000 (+18.7%), from €1.6m to €1.9m
- Tax, wage and social debts +€66,703
up €66,703 (+34.3%), from €194,608 to €261,310
- Other debts +€39,206
up €39,206 (+26.3%), from €148,794 to €188,000
- Gross operating margin -€60,359
down €60,359 (-8.0%), from €756,655 to €696,295
- Taxes -€24,954
down €24,954 (-10.1%), from €246,994 to €222,040
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 | €1,934,086 | €2,335,744 | +€401,658 | +20.8% |
| Fixed assets | 21/28 | €9,998 | €9,495 | -€503 | -5.0% |
| Tangible fixed assets | 22/27 | €9,374 | €8,871 | -€503 | -5.4% |
| Furniture and vehicles | 24 | €7,974 | €7,471 | -€503 | -6.3% |
| Other tangible fixed assets | 26 | €1,400 | €1,400 | = | 0.0% |
| Financial fixed assets | 28 | €624 | €624 | = | 0.0% |
| Current assets | 29/58 | €1,924,088 | €2,326,249 | +€402,161 | +20.9% |
| Amounts receivable within one year | 40/41 | €136,974 | €39,835 | -€97,139 | -70.9% |
| Trade receivables | 40 | €136,974 | €35,898 | -€101,077 | -73.8% |
| Other amounts receivable | 41 | - | €3,937 | +€3,937 | |
| Cash at bank and in hand | 54/58 | €1,786,732 | €2,286,032 | +€499,300 | +27.9% |
| Deferred charges and accrued income | 490/1 | €382 | €382 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,934,086 | €2,335,744 | +€401,658 | +20.8% |
| Equity | 10/15 | €1,585,560 | €1,882,431 | +€296,871 | +18.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €1,563,900 | €1,855,900 | +€292,000 | +18.7% |
| Distributable reserves | 133 | €1,563,900 | €1,855,900 | +€292,000 | +18.7% |
| Profit (loss) carried forward | 14 | €13,600 | €18,471 | +€4,871 | +35.8% |
| Amounts payable | 17/49 | €348,526 | €453,313 | +€104,787 | +30.1% |
| Amounts payable within one year | 42/48 | €348,526 | €453,313 | +€104,787 | +30.1% |
| Financial debts | 43 | - | €681 | +€681 | |
| Credit institutions | 430/8 | - | €681 | +€681 | |
| Trade debts | 44 | €5,125 | €3,322 | -€1,802 | -35.2% |
| Suppliers | 440/4 | €5,125 | €3,322 | -€1,802 | -35.2% |
| Taxes, remuneration and social security | 45 | €194,608 | €261,310 | +€66,703 | +34.3% |
| Taxes | 450/3 | €194,608 | €261,310 | +€66,703 | +34.3% |
| Other amounts payable | 47/48 | €148,794 | €188,000 | +€39,206 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,229 | €3,625 | +€395 | +12.2% |
| Gross operating margin | 9900 | €756,655 | €696,295 | -€60,359 | -8.0% |
| Operating profit (loss) | 9901 | €753,425 | €692,671 | -€60,755 | -8.1% |
| Financial income | 75/76B | €11,953 | €14,643 | +€2,690 | +22.5% |
| Recurring financial income | 75 | €11,953 | €14,643 | +€2,690 | +22.5% |
| Financial charges | 65/66B | €494 | €404 | -€91 | -18.4% |
| Recurring financial charges | 65 | €494 | €404 | -€91 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €764,884 | €706,910 | -€57,973 | -7.6% |
| Income taxes | 67/77 | €246,994 | €222,040 | -€24,954 | -10.1% |
| Profit (loss) for the period | 9904 | €517,890 | €484,871 | -€33,019 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €517,890 | €484,871 | -€33,019 | -6.4% |
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 31 October 2026 via checked.be.