VAN HAVERE BOUWMACHINES: what changed
What changed
VAN HAVERE BOUWMACHINES
NACE 28.920, Manufacture of machinery and equipment not elsewhere classified
filed annual accounts (NBB)
Net result for the year
€120,819
2024 · €49,473+€71,346
Equity
€818,641
2024 · €717,822+€100,819
Cash
€18,424
2024 · €35,690-€17,266
Balance sheet total
€1.6m
2024 · €1.5m+€107,094
Largest movements
Assets
- Tangible fixed assets +€125,356
up €125,356 (+25.9%), from €483,292 to €608,648
of which Land and buildings: +€97,896
- Receivables within one year -€24,446
down €24,446 (-14.4%), from €169,681 to €145,235
of which Other amounts receivable: -€74,079
- Stocks and contracts +€23,016
up €23,016 (+2.8%), from €819,905 to €842,921
- Cash -€17,266
down €17,266 (-48.4%), from €35,690 to €18,424
mainly Investment in fixed assets (net) (-€216,838) and Trade debts (-€108,117)
Equity and liabilities
- Trade debts -€108,117
down €108,117 (-76.7%), from €141,030 to €32,913
- Reserves +€100,819
up €100,819 (+14.4%), from €699,272 to €800,091
- Tax, wage and social debts +€63,617
up €63,617 (+2,118%), from €3,003 to €66,620
of which Taxes: +€66,620
- Short-term financial debts +€50,000
new in 2025: €50,000
- Current portion of long-term debt -€40,012
down €40,012 (-27.7%), from €144,194 to €104,182
Income statement
- Gross operating margin +€233,051
up €233,051 (+166%), from €140,786 to €373,837
- Write-downs +€105,139
up €105,139, from -€11,777 to €93,362
- Depreciation +€33,269
up €33,269 (+57.1%), from €58,213 to €91,482
- Taxes +€25,072
up €25,072 (+157%), from €16,000 to €41,072
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
€49,473
Gross operating margin
+€233,051
Depreciation
-€33,269
Write-downs
-€105,139
Other operating charges
-€740
Financial income
+€114
Financial charges
+€2,401
Taxes
-€25,072
Result 2025
€120,819
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
+€170,125
Investment
-€216,838
Financing
+€29,447
Cash 2024
€35,690
From operations (derived)
+€170,125
Net result for the year
+€120,819
Depreciation
+€91,482
Stocks and contracts
-€23,016
Receivables within one year
+€24,446
Deferred charges and accrued income
-€434
Trade debts
-€108,117
Tax, wage and social debts
+€63,617
Accrued charges and deferred income
+€1,328
Investment (derived)
-€216,838
Investment in fixed assets (net)
-€216,838
Financing
+€29,447
Debts after one year
+€39,458
Current portion of long-term debt
-€40,012
Short-term financial debts
+€50,000
Contributions, distributions and other
-€20,000
Cash 2025
€18,424
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,509,413 | €1,616,507 | +€107,094 | +7.1% |
| Fixed assets | 21/28 | €484,137 | €609,493 | +€125,356 | +25.9% |
| Tangible fixed assets | 22/27 | €483,292 | €608,648 | +€125,356 | +25.9% |
| Land and buildings | 22 | €369,835 | €467,731 | +€97,896 | +26.5% |
| Plant, machinery and equipment | 23 | €30,515 | €30,407 | -€108 | -0.4% |
| Furniture and vehicles | 24 | €71,863 | €101,136 | +€29,273 | +40.7% |
| Other tangible fixed assets | 26 | €11,079 | €9,374 | -€1,705 | -15.4% |
| Financial fixed assets | 28 | €845 | €845 | +€0 | 0.0% |
| Current assets | 29/58 | €1,025,276 | €1,007,014 | -€18,262 | -1.8% |
| Stocks and contracts in progress | 3 | €819,905 | €842,921 | +€23,016 | +2.8% |
| Stocks | 30/36 | €819,905 | €842,921 | +€23,016 | +2.8% |
| Amounts receivable within one year | 40/41 | €169,681 | €145,235 | -€24,446 | -14.4% |
| Trade receivables | 40 | €36,531 | €86,164 | +€49,633 | +136% |
| Other amounts receivable | 41 | €133,150 | €59,071 | -€74,079 | -55.6% |
| Cash at bank and in hand | 54/58 | €35,690 | €18,424 | -€17,266 | -48.4% |
| Deferred charges and accrued income | 490/1 | - | €434 | +€434 | |
| Total equity and liabilities | 10/49 | €1,509,413 | €1,616,507 | +€107,094 | +7.1% |
| Equity | 10/15 | €717,822 | €818,641 | +€100,819 | +14.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €699,272 | €800,091 | +€100,819 | +14.4% |
| Distributable reserves | 133 | €699,272 | €800,091 | +€100,819 | +14.4% |
| Amounts payable | 17/49 | €791,591 | €797,866 | +€6,275 | +0.8% |
| Amounts payable after more than one year | 17 | €483,365 | €522,823 | +€39,458 | +8.2% |
| Financial debts | 170/4 | €483,365 | €522,823 | +€39,458 | +8.2% |
| Amounts payable within one year | 42/48 | €308,227 | €273,715 | -€34,512 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €144,194 | €104,182 | -€40,012 | -27.7% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €141,030 | €32,913 | -€108,117 | -76.7% |
| Suppliers | 440/4 | €141,030 | €32,913 | -€108,117 | -76.7% |
| Taxes, remuneration and social security | 45 | €3,003 | €66,620 | +€63,617 | +2,118% |
| Taxes | 450/3 | - | €66,620 | +€66,620 | |
| Remuneration and social security | 454/9 | €3,003 | - | -€3,003 | |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,328 | +€1,328 | |
| Non-recurring operating income | 76A | - | €25,542 | +€25,542 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,213 | €91,482 | +€33,269 | +57.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,777 | €93,362 | +€105,139 | |
| Other operating charges | 640/8 | €2,902 | €3,642 | +€740 | +25.5% |
| Gross operating margin | 9900 | €140,786 | €373,837 | +€233,051 | +166% |
| Operating profit (loss) | 9901 | €91,448 | €185,351 | +€93,903 | +103% |
| Financial income | 75/76B | €32 | €146 | +€114 | +356% |
| Recurring financial income | 75 | €32 | €146 | +€114 | +356% |
| Financial charges | 65/66B | €26,007 | €23,606 | -€2,401 | -9.2% |
| Recurring financial charges | 65 | €26,007 | €23,606 | -€2,401 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €65,473 | €161,891 | +€96,418 | +147% |
| Income taxes | 67/77 | €16,000 | €41,072 | +€25,072 | +157% |
| Profit (loss) for the period | 9904 | €49,473 | €120,819 | +€71,346 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €49,473 | €120,819 | +€71,346 | +144% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.