VAN HAUT: what changed
Two fiscal 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.
What changed
VAN HAUT
NACE 46.831, Wholesale of construction materials, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€724,443
2024 · €422,427+€302,016
Equity
€1.4m
2024 · €911,360+€524,443
Cash
€98,270
2024 · €137,767-€39,496
Balance sheet total
€4.7m
2024 · €4.3m+€418,517
Largest movements
Assets
- Tangible fixed assets +€282,940
up €282,940 (+15.9%), from €1.8m to €2.1m
of which Other tangible fixed assets: +€241,523
- Stocks and contracts +€183,584
up €183,584 (+39.0%), from €470,349 to €653,933
- Receivables within one year -€123,516
down €123,516 (-7.1%), from €1.8m to €1.6m
of which Trade receivables: -€126,116
- Financial fixed assets +€106,825
up €106,825 (+99.2%), from €107,657 to €214,482
Equity and liabilities
- Reserves +€667,647
up €667,647 (+691.3%), from €96,573 to €764,220
of which Distributable reserves: +€668,919
- Other debts -€308,372
down €308,372 (-36.4%), from €846,378 to €538,006
- Trade debts +€276,758
up €276,758 (+37.7%), from €733,703 to €1.0m
- Profit (loss) carried forward -€143,205
down €143,205 (-36.7%), from €389,787 to €246,583
- Debts after one year -€97,371
down €97,371 (-99.7%), from €97,641 to €270
of which Financial debts: -€97,381
Income statement
- Turnover +€313,248
up €313,248 (+4.7%), from €6.7m to €7.0m
- Gross operating margin +€284,007
up €284,007 (+11.3%), from €2.5m to €2.8m
- Taxes +€97,186
up €97,186 (+74.8%), from €129,904 to €227,090
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.
Result 2024
€422,427
Gross operating margin
+€284,007
Staff costs
+€7,137
Depreciation
+€6,967
Write-downs
+€50,648
Other operating charges
+€29,360
Financial income
-€4,140
Financial charges
+€25,223
Taxes
-€97,186
Result 2025
€724,443
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.
From operations
+€1.0m
Investment
-€801,531
Financing
-€261,170
Cash 2024
€137,767
From operations (derived)
+€1.0m
Net result for the year
+€724,443
Depreciation
+€405,380
Stocks and contracts
-€183,584
Receivables within one year
+€123,516
Smaller working-capital items
-€1,918
Trade debts
+€276,758
Tax, wage and social debts
-€13,018
Other debts
-€308,372
Investment (derived)
-€801,531
Investment in fixed assets (net)
-€801,531
Financing
-€261,170
Debts after one year
-€97,371
Current portion of long-term debt
-€6,913
Short-term financial debts
+€43,114
Contributions, distributions and other
-€200,000
Cash 2025
€98,270
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,329,755 | €4,748,272 | +€418,517 | +9.7% |
| Fixed assets | 21/28 | €1,946,832 | €2,342,983 | +€396,151 | +20.3% |
| Intangible fixed assets | 21 | €58,879 | €65,265 | +€6,386 | +10.8% |
| Tangible fixed assets | 22/27 | €1,780,297 | €2,063,236 | +€282,940 | +15.9% |
| Land and buildings | 22 | €448,001 | €444,065 | -€3,936 | -0.9% |
| Plant, machinery and equipment | 23 | €192,131 | €194,480 | +€2,349 | +1.2% |
| Furniture and vehicles | 24 | €88,633 | €109,361 | +€20,728 | +23.4% |
| Leasing and similar rights | 25 | €2,791 | €2,626 | -€165 | -5.9% |
| Other tangible fixed assets | 26 | €1,026,100 | €1,267,623 | +€241,523 | +23.5% |
| Assets under construction and advance payments | 27 | €22,640 | €45,081 | +€22,441 | +99.1% |
| Financial fixed assets | 28 | €107,657 | €214,482 | +€106,825 | +99.2% |
| Current assets | 29/58 | €2,382,923 | €2,405,288 | +€22,366 | +0.9% |
| Stocks and contracts in progress | 3 | €470,349 | €653,933 | +€183,584 | +39.0% |
| Stocks | 30/36 | €470,349 | €653,933 | +€183,584 | +39.0% |
| Amounts receivable within one year | 40/41 | €1,751,803 | €1,628,287 | -€123,516 | -7.1% |
| Trade receivables | 40 | €1,748,680 | €1,622,564 | -€126,116 | -7.2% |
| Other amounts receivable | 41 | €3,124 | €5,723 | +€2,599 | +83.2% |
| Cash at bank and in hand | 54/58 | €137,767 | €98,270 | -€39,496 | -28.7% |
| Deferred charges and accrued income | 490/1 | €23,004 | €24,798 | +€1,795 | +7.8% |
| Total equity and liabilities | 10/49 | €4,329,755 | €4,748,272 | +€418,517 | +9.7% |
| Equity | 10/15 | €911,360 | €1,435,803 | +€524,443 | +57.5% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Capital | 10 | €425,000 | €425,000 | = | 0.0% |
| Issued capital | 100 | €425,000 | €425,000 | = | 0.0% |
| Reserves | 13 | €96,573 | €764,220 | +€667,647 | +691.3% |
| Non-distributable reserves | 130/1 | €42,500 | €42,500 | = | 0.0% |
| Legal reserve | 130 | €42,500 | €42,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,271 | €0 | -€1,271 | -100.0% |
| Distributable reserves | 133 | €52,802 | €721,720 | +€668,919 | +1266.8% |
| Profit (loss) carried forward | 14 | €389,787 | €246,583 | -€143,205 | -36.7% |
| Amounts payable | 17/49 | €3,418,394 | €3,312,468 | -€105,926 | -3.1% |
| Amounts payable after more than one year | 17 | €97,641 | €270 | -€97,371 | -99.7% |
| Financial debts | 170/4 | €97,381 | - | -€97,381 | |
| Other amounts payable | 178/9 | €260 | €270 | +€10 | +3.8% |
| Amounts payable within one year | 42/48 | €3,320,630 | €3,312,198 | -€8,432 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €171,214 | €164,301 | -€6,913 | -4.0% |
| Financial debts | 43 | €1,197,779 | €1,240,893 | +€43,114 | +3.6% |
| Credit institutions | 430/8 | €1,197,779 | €1,240,893 | +€43,114 | +3.6% |
| Trade debts | 44 | €733,703 | €1,010,461 | +€276,758 | +37.7% |
| Suppliers | 440/4 | €733,703 | €1,010,461 | +€276,758 | +37.7% |
| Taxes, remuneration and social security | 45 | €371,555 | €358,537 | -€13,018 | -3.5% |
| Taxes | 450/3 | €153,073 | €178,567 | +€25,495 | +16.7% |
| Remuneration and social security | 454/9 | €218,483 | €179,970 | -€38,513 | -17.6% |
| Other amounts payable | 47/48 | €846,378 | €538,006 | -€308,372 | -36.4% |
| Accrued charges and deferred income | 492/3 | €123 | - | -€123 | |
| Turnover | 70 | €6,717,948 | €7,031,196 | +€313,248 | +4.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €4,330,483 | €4,356,411 | +€25,929 | +0.6% |
| Remuneration, social security and pensions | 62 | €1,419,342 | €1,412,205 | -€7,137 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412,347 | €405,380 | -€6,967 | -1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,385 | -€49,263 | -€50,648 | |
| Other operating charges | 640/8 | €39,885 | €10,525 | -€29,360 | -73.6% |
| Gross operating margin | 9900 | €2,521,919 | €2,805,926 | +€284,007 | +11.3% |
| Operating profit (loss) | 9901 | €648,962 | €1,027,080 | +€378,118 | +58.3% |
| Financial income | 75/76B | €4,875 | €736 | -€4,140 | -84.9% |
| Recurring financial income | 75 | €4,875 | €736 | -€4,140 | -84.9% |
| Financial charges | 65/66B | €101,505 | €76,283 | -€25,223 | -24.8% |
| Recurring financial charges | 65 | €101,505 | €76,283 | -€25,223 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €552,332 | €951,533 | +€399,202 | +72.3% |
| Income taxes | 67/77 | €129,904 | €227,090 | +€97,186 | +74.8% |
| Profit (loss) for the period | 9904 | €422,427 | €724,443 | +€302,016 | +71.5% |
| Transfer from tax-exempt reserves | 789 | €67,360 | - | -€67,360 | |
| Transfer to tax-exempt reserves | 689 | €1,271 | €277,860 | +€276,589 | +21754.5% |
| Profit (loss) for the period to be appropriated | 9905 | €488,516 | €446,583 | -€41,933 | -8.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.