VAN HECK & C°: 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 HECK & C°
Largest movements
- Cash -€36,847
down €36,847 (-13.6%), from €271,420 to €234,573
mainly Other debts (-€67,480) and Contributions, distributions and other (-€60,000)
- Tangible fixed assets +€25,126
up €25,126 (+10.8%), from €231,972 to €257,098
of which Furniture and vehicles: +€43,758
- Receivables within one year +€24,091
up €24,091 (+21.7%), from €110,969 to €135,060
of which Trade receivables: +€20,356
- Stocks and contracts -€12,026
down €12,026 (-4.2%), from €286,184 to €274,157
- Other debts -€67,480
down €67,480 (-42.5%), from €158,742 to €91,262
- Trade debts +€54,279
up €54,279 (+53.1%), from €102,309 to €156,589
- Profit (loss) carried forward +€17,312
up €17,312 (+9.4%), from €184,401 to €201,713
- Gross operating margin -€43,598
down €43,598 (-15.2%), from €286,690 to €243,091
- Staff costs -€20,035
down €20,035 (-14.2%), from €141,150 to €121,114
- Depreciation -€9,619
down €9,619 (-29.6%), from €32,532 to €22,912
- Taxes -€3,268
down €3,268 (-10.9%), from €30,000 to €26,732
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 | €900,593 | €900,937 | +€343 | 0.0% |
| Fixed assets | 21/28 | €232,021 | €257,148 | +€25,126 | +10.8% |
| Tangible fixed assets | 22/27 | €231,972 | €257,098 | +€25,126 | +10.8% |
| Land and buildings | 22 | €180,531 | €180,531 | = | 0.0% |
| Plant, machinery and equipment | 23 | €50,001 | €31,369 | -€18,632 | -37.3% |
| Furniture and vehicles | 24 | €1,440 | €45,198 | +€43,758 | +3,040% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €668,572 | €643,789 | -€24,783 | -3.7% |
| Stocks and contracts in progress | 3 | €286,184 | €274,157 | -€12,026 | -4.2% |
| Stocks | 30/36 | €286,184 | €274,157 | -€12,026 | -4.2% |
| Amounts receivable within one year | 40/41 | €110,969 | €135,060 | +€24,091 | +21.7% |
| Trade receivables | 40 | €109,426 | €129,782 | +€20,356 | +18.6% |
| Other amounts receivable | 41 | €1,543 | €5,278 | +€3,735 | +242% |
| Cash at bank and in hand | 54/58 | €271,420 | €234,573 | -€36,847 | -13.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €900,593 | €900,937 | +€343 | 0.0% |
| Equity | 10/15 | €606,501 | €623,813 | +€17,312 | +2.9% |
| Contributions | 10/11 | €241,000 | €241,000 | = | 0.0% |
| Capital | 10 | €241,000 | €241,000 | = | 0.0% |
| Issued capital | 100 | €241,000 | €241,000 | = | 0.0% |
| Reserves | 13 | €181,100 | €181,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,100 | €24,100 | = | 0.0% |
| Legal reserve | 130 | €24,100 | €24,100 | = | 0.0% |
| Distributable reserves | 133 | €157,000 | €157,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €184,401 | €201,713 | +€17,312 | +9.4% |
| Amounts payable | 17/49 | €294,092 | €277,124 | -€16,968 | -5.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €287,102 | €268,934 | -€18,168 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €102,309 | €156,589 | +€54,279 | +53.1% |
| Suppliers | 440/4 | €102,309 | €156,589 | +€54,279 | +53.1% |
| Taxes, remuneration and social security | 45 | €26,051 | €21,084 | -€4,967 | -19.1% |
| Taxes | 450/3 | €11,802 | €5,689 | -€6,113 | -51.8% |
| Remuneration and social security | 454/9 | €14,249 | €15,395 | +€1,146 | +8.0% |
| Other amounts payable | 47/48 | €158,742 | €91,262 | -€67,480 | -42.5% |
| Accrued charges and deferred income | 492/3 | €6,990 | €8,190 | +€1,200 | +17.2% |
| Remuneration, social security and pensions | 62 | €141,150 | €121,114 | -€20,035 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,532 | €22,912 | -€9,619 | -29.6% |
| Other operating charges | 640/8 | €4,472 | €4,054 | -€418 | -9.4% |
| Gross operating margin | 9900 | €286,690 | €243,091 | -€43,598 | -15.2% |
| Operating profit (loss) | 9901 | €108,536 | €95,011 | -€13,525 | -12.5% |
| Financial income | 75/76B | €11,473 | €10,733 | -€740 | -6.5% |
| Recurring financial income | 75 | €11,473 | €10,733 | -€740 | -6.5% |
| Financial charges | 65/66B | €1,657 | €1,700 | +€44 | +2.6% |
| Recurring financial charges | 65 | €1,657 | €1,700 | +€44 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €118,353 | €104,043 | -€14,309 | -12.1% |
| Income taxes | 67/77 | €30,000 | €26,732 | -€3,268 | -10.9% |
| Profit (loss) for the period | 9904 | €88,353 | €77,312 | -€11,041 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €88,353 | €77,312 | -€11,041 | -12.5% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.