Van Hauteghem Technics: 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 Hauteghem Technics
Largest movements
- Receivables within one year -€71,586
down €71,586 (-47.1%), from €151,831 to €80,245
of which Trade receivables: -€63,615
- Cash +€23,662
up €23,662 (+59.5%), from €39,773 to €63,435
mainly Receivables within one year (+€71,586) and Depreciation (+€22,858)
- Current portion of long-term debt -€18,677
down €18,677 (-67.7%), from €27,583 to €8,906
- Profit (loss) carried forward -€12,202
down €12,202 (-11.3%), from €108,209 to €96,006
- Debts after one year -€8,839
down €8,839 (-2.5%), from €360,161 to €351,322
- Gross operating margin -€40,037
down €40,037 (-65.7%), from €60,942 to €20,905
- Taxes -€7,147
down €7,147 (-91.1%), from €7,844 to €697
- Staff costs -€4,965
down €4,965 (-85.0%), from €5,839 to €875
- Depreciation -€2,210
down €2,210 (-8.8%), from €25,068 to €22,858
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €626,581 | €584,879 | -€41,702 | -6.7% |
| Fixed assets | 21/28 | €434,977 | €438,239 | +€3,262 | +0.7% |
| Tangible fixed assets | 22/27 | €431,876 | €435,139 | +€3,262 | +0.8% |
| Land and buildings | 22 | €408,375 | €394,875 | -€13,500 | -3.3% |
| Plant, machinery and equipment | 23 | €17,913 | €14,497 | -€3,416 | -19.1% |
| Furniture and vehicles | 24 | €5,588 | €25,767 | +€20,179 | +361% |
| Financial fixed assets | 28 | €3,101 | €3,101 | = | 0.0% |
| Current assets | 29/58 | €191,604 | €146,640 | -€44,964 | -23.5% |
| Amounts receivable within one year | 40/41 | €151,831 | €80,245 | -€71,586 | -47.1% |
| Trade receivables | 40 | €131,247 | €67,632 | -€63,615 | -48.5% |
| Other amounts receivable | 41 | €20,584 | €12,613 | -€7,971 | -38.7% |
| Cash at bank and in hand | 54/58 | €39,773 | €63,435 | +€23,662 | +59.5% |
| Deferred charges and accrued income | 490/1 | - | €2,960 | +€2,960 | |
| Total equity and liabilities | 10/49 | €626,581 | €584,879 | -€41,702 | -6.7% |
| Equity | 10/15 | €128,516 | €116,314 | -€12,202 | -9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,107 | €14,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €728 | €728 | = | 0.0% |
| Reserves not available under the articles | 1311 | €728 | €728 | = | 0.0% |
| Distributable reserves | 133 | €13,379 | €13,379 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,209 | €96,006 | -€12,202 | -11.3% |
| Amounts payable | 17/49 | €498,065 | €468,566 | -€29,500 | -5.9% |
| Amounts payable after more than one year | 17 | €360,161 | €351,322 | -€8,839 | -2.5% |
| Financial debts | 170/4 | €360,161 | €351,322 | -€8,839 | -2.5% |
| Amounts payable within one year | 42/48 | €137,904 | €117,243 | -€20,661 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €27,583 | €8,906 | -€18,677 | -67.7% |
| Trade debts | 44 | €87,975 | €88,089 | +€114 | +0.1% |
| Suppliers | 440/4 | €87,975 | €88,089 | +€114 | +0.1% |
| Taxes, remuneration and social security | 45 | €22,338 | €20,035 | -€2,303 | -10.3% |
| Taxes | 450/3 | €22,338 | €20,035 | -€2,303 | -10.3% |
| Other amounts payable | 47/48 | €9 | €214 | +€205 | +2,356% |
| Non-recurring operating income | 76A | - | €57,761 | +€57,761 | |
| Remuneration, social security and pensions | 62 | €5,839 | €875 | -€4,965 | -85.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,068 | €22,858 | -€2,210 | -8.8% |
| Other operating charges | 640/8 | €4,225 | €4,605 | +€380 | +9.0% |
| Gross operating margin | 9900 | €60,942 | €20,905 | -€40,037 | -65.7% |
| Operating profit (loss) | 9901 | €25,809 | -€7,433 | -€33,243 | |
| Financial charges | 65/66B | €4,587 | €4,072 | -€515 | -11.2% |
| Recurring financial charges | 65 | €4,587 | €4,072 | -€515 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €21,223 | -€11,505 | -€32,728 | |
| Income taxes | 67/77 | €7,844 | €697 | -€7,147 | -91.1% |
| Profit (loss) for the period | 9904 | €13,379 | -€12,202 | -€25,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,379 | -€12,202 | -€25,581 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.