VAN HAVER COOLING: 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 HAVER COOLING
Largest movements
- Tangible fixed assets -€26,063
down €26,063 (-80.1%), from €32,556 to €6,493
of which Furniture and vehicles: -€24,164
- Cash +€14,351
up €14,351 (+3.0%), from €480,582 to €494,933
mainly Net result for the year (+€80,798) and Tax, wage and social debts (+€35,836)
- Other debts -€57,040
down €57,040 (-66.9%), from €85,256 to €28,216
- Tax, wage and social debts +€35,836
new in 2025: €35,836
- Reserves +€13,798
up €13,798 (+3.4%), from €403,715 to €417,512
of which Distributable reserves: +€13,798
- Current portion of long-term debt -€6,763
no longer reported in 2025 (was €6,763)
- Gross operating margin +€47,330
up €47,330 (+62.3%), from €75,997 to €123,327
- Taxes +€28,132
up €28,132 (+256%), from €10,990 to €39,123
- Depreciation -€19,205
down €19,205 (-87.9%), from €21,849 to €2,645
- Financial income +€3,338
up €3,338 (+287%), from €1,164 to €4,503
- Financial charges -€2,613
down €2,613 (-36.0%), from €7,264 to €4,651
of which Financial charges: -€2,749
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 | €523,095 | €506,456 | -€16,639 | -3.2% |
| Fixed assets | 21/28 | €32,906 | €6,843 | -€26,063 | -79.2% |
| Tangible fixed assets | 22/27 | €32,556 | €6,493 | -€26,063 | -80.1% |
| Plant, machinery and equipment | 23 | €2,191 | €904 | -€1,287 | -58.7% |
| Furniture and vehicles | 24 | €26,225 | €2,061 | -€24,164 | -92.1% |
| Other tangible fixed assets | 26 | €4,141 | €3,529 | -€612 | -14.8% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €490,189 | €499,613 | +€9,424 | +1.9% |
| Amounts receivable within one year | 40/41 | €4,808 | €3,559 | -€1,249 | -26.0% |
| Trade receivables | 40 | €207 | €3,559 | +€3,352 | +1,622% |
| Other amounts receivable | 41 | €4,601 | - | -€4,601 | |
| Cash at bank and in hand | 54/58 | €480,582 | €494,933 | +€14,351 | +3.0% |
| Deferred charges and accrued income | 490/1 | €4,799 | €1,121 | -€3,678 | -76.6% |
| Total equity and liabilities | 10/49 | €523,095 | €506,456 | -€16,639 | -3.2% |
| Equity | 10/15 | €423,715 | €437,512 | +€13,798 | +3.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €403,715 | €417,512 | +€13,798 | +3.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €401,715 | €415,512 | +€13,798 | +3.4% |
| Amounts payable | 17/49 | €99,380 | €68,944 | -€30,437 | -30.6% |
| Amounts payable within one year | 42/48 | €92,431 | €64,706 | -€27,725 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €6,763 | - | -€6,763 | |
| Trade debts | 44 | €412 | €654 | +€242 | +58.8% |
| Suppliers | 440/4 | €412 | €654 | +€242 | +58.8% |
| Taxes, remuneration and social security | 45 | - | €35,836 | +€35,836 | |
| Taxes | 450/3 | - | €35,836 | +€35,836 | |
| Other amounts payable | 47/48 | €85,256 | €28,216 | -€57,040 | -66.9% |
| Accrued charges and deferred income | 492/3 | €6,950 | €4,238 | -€2,712 | -39.0% |
| Non-recurring operating income | 76A | - | €63,181 | +€63,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,849 | €2,645 | -€19,205 | -87.9% |
| Other operating charges | 640/8 | €929 | €614 | -€315 | -33.9% |
| Gross operating margin | 9900 | €75,997 | €123,327 | +€47,330 | +62.3% |
| Operating profit (loss) | 9901 | €53,219 | €120,068 | +€66,849 | +126% |
| Financial income | 75/76B | €1,164 | €4,503 | +€3,338 | +287% |
| Recurring financial income | 75 | €1,164 | €4,503 | +€3,338 | +287% |
| Financial charges | 65/66B | €7,264 | €4,651 | -€2,613 | -36.0% |
| Recurring financial charges | 65 | €7,264 | €4,515 | -€2,749 | -37.8% |
| Non-recurring financial charges | 66B | - | €136 | +€136 | |
| Profit (loss) for the period before taxes | 9903 | €47,120 | €119,920 | +€72,801 | +155% |
| Income taxes | 67/77 | €10,990 | €39,123 | +€28,132 | +256% |
| Profit (loss) for the period | 9904 | €36,129 | €80,798 | +€44,669 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €36,129 | €80,798 | +€44,669 | +124% |
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 19 October 2026 via checked.be.