Van den Eede HBT: 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 den Eede HBT
Largest movements
- Tangible fixed assets -€6,649
down €6,649 (-28.2%), from €23,605 to €16,956
of which Furniture and vehicles: -€7,166
- Receivables within one year +€2,799
up €2,799 (+38.7%), from €7,226 to €10,026
of which Trade receivables: +€5,415
- Deferred charges and accrued income +€1,735
up €1,735 (+170%), from €1,018 to €2,752
- Profit (loss) carried forward +€10,347
up €10,347 (+23.0%), from -€45,004 to -€34,657
- Other debts -€6,036
down €6,036 (-22.9%), from €26,355 to €20,319
- Debts after one year -€5,199
down €5,199 (-43.2%), from €12,024 to €6,824
- Trade debts -€1,569
down €1,569 (-31.7%), from €4,947 to €3,378
- Gross operating margin +€11,536
up €11,536 (+150%), from €7,675 to €19,211
- Taxes -€1,995
down €1,995, from €183 to -€1,813
- Financial charges -€696
down €696 (-42.7%), from €1,630 to €933
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 | €33,076 | €30,843 | -€2,233 | -6.8% |
| Fixed assets | 21/28 | €23,605 | €16,956 | -€6,649 | -28.2% |
| Tangible fixed assets | 22/27 | €23,605 | €16,956 | -€6,649 | -28.2% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €419 | €936 | +€517 | +123% |
| Furniture and vehicles | 24 | €23,186 | €16,020 | -€7,166 | -30.9% |
| Current assets | 29/58 | €9,471 | €13,887 | +€4,416 | +46.6% |
| Amounts receivable within one year | 40/41 | €7,226 | €10,026 | +€2,799 | +38.7% |
| Trade receivables | 40 | €4,013 | €9,428 | +€5,415 | +135% |
| Other amounts receivable | 41 | €3,214 | €598 | -€2,616 | -81.4% |
| Cash at bank and in hand | 54/58 | €1,227 | €1,109 | -€118 | -9.6% |
| Deferred charges and accrued income | 490/1 | €1,018 | €2,752 | +€1,735 | +170% |
| Total equity and liabilities | 10/49 | €33,076 | €30,843 | -€2,233 | -6.8% |
| Equity | 10/15 | -€15,412 | -€5,065 | +€10,347 | +67.1% |
| Reserves | 13 | €29,591 | €29,591 | = | 0.0% |
| Distributable reserves | 133 | €29,591 | €29,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,004 | -€34,657 | +€10,347 | +23.0% |
| Amounts payable | 17/49 | €48,488 | €35,908 | -€12,580 | -25.9% |
| Amounts payable after more than one year | 17 | €12,024 | €6,824 | -€5,199 | -43.2% |
| Financial debts | 170/4 | €12,024 | €6,824 | -€5,199 | -43.2% |
| Amounts payable within one year | 42/48 | €36,464 | €29,084 | -€7,380 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €4,979 | €5,199 | +€220 | +4.4% |
| Trade debts | 44 | €4,947 | €3,378 | -€1,569 | -31.7% |
| Suppliers | 440/4 | €4,947 | €3,378 | -€1,569 | -31.7% |
| Taxes, remuneration and social security | 45 | €183 | €187 | +€5 | +2.6% |
| Taxes | 450/3 | €183 | €187 | +€5 | +2.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €26,355 | €20,319 | -€6,036 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,499 | €7,677 | +€177 | +2.4% |
| Other operating charges | 640/8 | €2,213 | €2,067 | -€147 | -6.6% |
| Non-recurring operating charges | 66A | €8,032 | €0 | -€8,032 | -100% |
| Gross operating margin | 9900 | €7,675 | €19,211 | +€11,536 | +150% |
| Operating profit (loss) | 9901 | -€10,070 | €9,468 | +€19,537 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,630 | €933 | -€696 | -42.7% |
| Recurring financial charges | 65 | €1,630 | €933 | -€696 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,699 | €8,534 | +€20,233 | |
| Income taxes | 67/77 | €183 | -€1,813 | -€1,995 | |
| Profit (loss) for the period | 9904 | -€11,882 | €10,347 | +€22,229 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,882 | €10,347 | +€22,229 |
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 1 November 2026 via checked.be.