Van den Hende: what changed
What changed
Van den Hende
NACE 46.832, Wholesale of timber
filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €538,248+€630,326
Equity
€3.0m
2024 · €3.3m-€331,426
Cash
€1.3m
2024 · €346,698+€946,608
Balance sheet total
€7.7m
2024 · €6.3m+€1.5m
Largest movements
Assets
- Cash +€946,608
up €946,608 (+273%), from €346,698 to €1.3m
mainly Other debts (+€1.4m) and Net result for the year (+€1.2m)
- Stocks and contracts +€720,171
up €720,171 (+32.9%), from €2.2m to €2.9m
- Receivables within one year -€101,607
down €101,607 (-5.3%), from €1.9m to €1.8m
of which Other amounts receivable: -€195,038
Equity and liabilities
- Other debts +€1.4m
up €1.4m (+126%), from €1.1m to €2.5m
- Trade debts +€467,223
up €467,223 (+44.1%), from €1.1m to €1.5m
- Profit (loss) carried forward -€331,426
down €331,426 (-26.6%), from €1.2m to €914,673
- Debts after one year -€100,190
down €100,190 (-53.8%), from €186,300 to €86,111
Income statement
- Gross operating margin +€767,849
up €767,849 (+36.4%), from €2.1m to €2.9m
- Taxes +€236,074
up €236,074 (+124%), from €190,528 to €426,602
- Write-downs -€77,082
no longer reported in 2025 (was €77,082)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€538,248
Gross operating margin
+€767,849
Staff costs
+€7,595
Depreciation
+€24,216
Write-downs
+€77,082
Other operating charges
-€461
Financial income
-€11,602
Financial charges
+€1,721
Taxes
-€236,074
Result 2025
€1.2m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.7m
Investment
-€156,363
Financing
-€1.6m
Cash 2024
€346,698
From operations (derived)
+€2.7m
Net result for the year
+€1.2m
Depreciation
+€230,569
Stocks and contracts
-€720,171
Receivables within one year
+€101,607
Deferred charges and accrued income
+€20,428
Trade debts
+€467,223
Tax, wage and social debts
+€49,802
Other debts
+€1.4m
Accrued charges and deferred income
+€7,074
Investment (derived)
-€156,363
Investment in fixed assets (net)
-€156,363
Financing
-€1.6m
Debts after one year
-€100,190
Current portion of long-term debt
-€41,661
Short-term financial debts
+€19,717
Contributions, distributions and other
-€1.5m
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,266,445 | €7,736,983 | +€1.5m | +23.5% |
| Fixed assets | 21/28 | €989,570 | €915,364 | -€74,206 | -7.5% |
| Intangible fixed assets | 21 | €211,258 | €186,158 | -€25,100 | -11.9% |
| Tangible fixed assets | 22/27 | €772,097 | €722,841 | -€49,256 | -6.4% |
| Land and buildings | 22 | €137,097 | €137,097 | = | 0.0% |
| Plant, machinery and equipment | 23 | €256,701 | €296,840 | +€40,139 | +15.6% |
| Furniture and vehicles | 24 | €88,758 | €48,131 | -€40,628 | -45.8% |
| Leasing and similar rights | 25 | €156,564 | €114,905 | -€41,659 | -26.6% |
| Other tangible fixed assets | 26 | €132,976 | €125,868 | -€7,108 | -5.3% |
| Financial fixed assets | 28 | €6,215 | €6,365 | +€150 | +2.4% |
| Current assets | 29/58 | €5,276,875 | €6,821,619 | +€1.5m | +29.3% |
| Stocks and contracts in progress | 3 | €2,190,168 | €2,910,339 | +€720,171 | +32.9% |
| Stocks | 30/36 | €2,190,168 | €2,910,339 | +€720,171 | +32.9% |
| Amounts receivable within one year | 40/41 | €1,926,492 | €1,824,886 | -€101,607 | -5.3% |
| Trade receivables | 40 | €1,592,075 | €1,685,506 | +€93,431 | +5.9% |
| Other amounts receivable | 41 | €334,417 | €139,379 | -€195,038 | -58.3% |
| Current investments | 50/53 | €748,116 | €748,116 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €346,698 | €1,293,305 | +€946,608 | +273% |
| Deferred charges and accrued income | 490/1 | €65,400 | €44,972 | -€20,428 | -31.2% |
| Total equity and liabilities | 10/49 | €6,266,445 | €7,736,983 | +€1.5m | +23.5% |
| Equity | 10/15 | €3,310,126 | €2,978,700 | -€331,426 | -10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,045,426 | €2,045,426 | = | 0.0% |
| 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 | €2,043,566 | €2,043,566 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,246,099 | €914,673 | -€331,426 | -26.6% |
| Amounts payable | 17/49 | €2,956,319 | €4,758,283 | +€1.8m | +61.0% |
| Amounts payable after more than one year | 17 | €186,300 | €86,111 | -€100,190 | -53.8% |
| Financial debts | 170/4 | €186,300 | €86,111 | -€100,190 | -53.8% |
| Amounts payable within one year | 42/48 | €2,763,269 | €4,658,349 | +€1.9m | +68.6% |
| Current portion of amounts payable after more than one year | 42 | €141,851 | €100,190 | -€41,661 | -29.4% |
| Financial debts | 43 | €301,496 | €321,212 | +€19,717 | +6.5% |
| Credit institutions | 430/8 | €301,496 | €321,212 | +€19,717 | +6.5% |
| Trade debts | 44 | €1,060,087 | €1,527,309 | +€467,223 | +44.1% |
| Suppliers | 440/4 | €1,060,087 | €1,527,309 | +€467,223 | +44.1% |
| Taxes, remuneration and social security | 45 | €151,104 | €200,906 | +€49,802 | +33.0% |
| Taxes | 450/3 | €64,413 | €88,275 | +€23,862 | +37.0% |
| Remuneration and social security | 454/9 | €86,691 | €112,631 | +€25,940 | +29.9% |
| Other amounts payable | 47/48 | €1,108,732 | €2,508,732 | +€1.4m | +126% |
| Accrued charges and deferred income | 492/3 | €6,750 | €13,824 | +€7,074 | +105% |
| Remuneration, social security and pensions | 62 | €993,665 | €986,070 | -€7,595 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254,784 | €230,569 | -€24,216 | -9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €77,082 | - | -€77,082 | |
| Other operating charges | 640/8 | €30,229 | €30,690 | +€461 | +1.5% |
| Gross operating margin | 9900 | €2,109,050 | €2,876,899 | +€767,849 | +36.4% |
| Operating profit (loss) | 9901 | €753,290 | €1,629,571 | +€876,281 | +116% |
| Financial income | 75/76B | €26,940 | €15,338 | -€11,602 | -43.1% |
| Recurring financial income | 75 | €26,940 | €15,338 | -€11,602 | -43.1% |
| Financial charges | 65/66B | €51,454 | €49,734 | -€1,721 | -3.3% |
| Recurring financial charges | 65 | €51,454 | €49,734 | -€1,721 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €728,776 | €1,595,176 | +€866,400 | +119% |
| Income taxes | 67/77 | €190,528 | €426,602 | +€236,074 | +124% |
| Profit (loss) for the period | 9904 | €538,248 | €1,168,574 | +€630,326 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €538,248 | €1,168,574 | +€630,326 | +117% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.