Van Hauwe Jel: 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 Hauwe Jel
Largest movements
- Cash -€143,228
down €143,228 (-64.1%), from €223,441 to €80,212
mainly Contributions, distributions and other (-€123,000) and Other debts (-€94,948)
- Tangible fixed assets +€31,342
up €31,342 (+745%), from €4,205 to €35,547
of which Furniture and vehicles: +€15,713
- Receivables within one year +€15,746
new in 2025: €15,746
- Deferred charges and accrued income +€9,883
up €9,883 (+21.1%), from €46,874 to €56,758
- Other debts -€94,948
down €94,948 (-100%), from €94,948 to €0
- Short-term financial debts +€20,176
new in 2025: €20,176
- Reserves -€6,551
down €6,551 (-4.6%), from €143,000 to €136,449
- Tax, wage and social debts -€4,997
down €4,997 (-19.2%), from €25,997 to €21,000
- Gross operating margin -€9,224
down €9,224 (-5.6%), from €164,131 to €154,907
- Taxes -€2,713
down €2,713 (-7.4%), from €36,701 to €33,988
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 | €275,720 | €189,463 | -€86,257 | -31.3% |
| Fixed assets | 21/28 | €5,405 | €36,747 | +€31,342 | +580% |
| Tangible fixed assets | 22/27 | €4,205 | €35,547 | +€31,342 | +745% |
| Plant, machinery and equipment | 23 | - | €15,629 | +€15,629 | |
| Furniture and vehicles | 24 | €4,205 | €19,918 | +€15,713 | +374% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €270,315 | €152,716 | -€117,599 | -43.5% |
| Amounts receivable within one year | 40/41 | - | €15,746 | +€15,746 | |
| Other amounts receivable | 41 | - | €15,746 | +€15,746 | |
| Cash at bank and in hand | 54/58 | €223,441 | €80,212 | -€143,228 | -64.1% |
| Deferred charges and accrued income | 490/1 | €46,874 | €56,758 | +€9,883 | +21.1% |
| Total equity and liabilities | 10/49 | €275,720 | €189,463 | -€86,257 | -31.3% |
| Equity | 10/15 | €146,035 | €139,449 | -€6,586 | -4.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €143,000 | €136,449 | -€6,551 | -4.6% |
| Distributable reserves | 133 | €143,000 | €136,449 | -€6,551 | -4.6% |
| Profit (loss) carried forward | 14 | €35 | €0 | -€35 | -100% |
| Amounts payable | 17/49 | €129,685 | €50,014 | -€79,670 | -61.4% |
| Amounts payable within one year | 42/48 | €121,162 | €44,014 | -€77,148 | -63.7% |
| Financial debts | 43 | - | €20,176 | +€20,176 | |
| Credit institutions | 430/8 | - | €20,176 | +€20,176 | |
| Trade debts | 44 | €216 | €2,838 | +€2,622 | +1,212% |
| Suppliers | 440/4 | €216 | €2,838 | +€2,622 | +1,212% |
| Taxes, remuneration and social security | 45 | €25,997 | €21,000 | -€4,997 | -19.2% |
| Taxes | 450/3 | €25,997 | €21,000 | -€4,997 | -19.2% |
| Other amounts payable | 47/48 | €94,948 | €0 | -€94,948 | -100% |
| Accrued charges and deferred income | 492/3 | €8,523 | €6,000 | -€2,523 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,174 | €4,120 | +€946 | +29.8% |
| Other operating charges | 640/8 | €1,109 | €513 | -€595 | -53.7% |
| Gross operating margin | 9900 | €164,131 | €154,907 | -€9,224 | -5.6% |
| Operating profit (loss) | 9901 | €159,848 | €150,274 | -€9,574 | -6.0% |
| Financial income | 75/76B | €0 | €173 | +€173 | +1,731,100% |
| Recurring financial income | 75 | €0 | €173 | +€173 | +1,731,100% |
| Financial charges | 65/66B | €147 | €45 | -€102 | -69.2% |
| Recurring financial charges | 65 | €147 | €45 | -€102 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | €159,701 | €150,402 | -€9,299 | -5.8% |
| Income taxes | 67/77 | €36,701 | €33,988 | -€2,713 | -7.4% |
| Profit (loss) for the period | 9904 | €123,000 | €116,414 | -€6,586 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €123,000 | €116,414 | -€6,586 | -5.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.