VAN HECKE: 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.
What changed
VAN HECKE
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,271
2024 · €18,144+€1,127
Equity
€186,845
2024 · €167,574+€19,271
Cash
€24,183
2024 · €26,256-€2,073
Balance sheet total
€321,830
2024 · €316,508+€5,322
Largest movements
Assets
- Receivables within one year +€6,463
up €6,463 (+1083.5%), from €596 to €7,059
of which Other amounts receivable: +€6,463
Equity and liabilities
- Profit (loss) carried forward +€19,271
up €19,271 (+17.0%), from -€113,661 to -€94,390
- Debts after one year -€10,721
down €10,721 (-10.2%), from €105,439 to €94,718
Income statement
- Gross operating margin -€6,490
down €6,490 (-7.5%), from €86,702 to €80,212
- Depreciation +€2,797
up €2,797 (+10.7%), from €26,104 to €28,901
- Financial charges +€1,870
up €1,870 (+72.3%), from €2,586 to €4,456
- Other operating charges +€953
up €953 (+3.9%), from €24,568 to €25,521
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.
Result 2024
€18,144
Gross operating margin
-€6,490
Depreciation
-€2,797
Other operating charges
-€953
Other operating items
+€13,232
Financial income
-€2
Financial charges
-€1,870
Taxes
+€7
Result 2025
€19,271
Cash bridge derived
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.
From operations
+€38,212
Investment
-€29,932
Financing
-€10,353
Cash 2024
€26,256
From operations (derived)
+€38,212
Net result for the year
+€19,271
Depreciation
+€28,901
Receivables within one year
-€6,463
Deferred charges and accrued income
+€100
Trade debts
-€1,442
Tax, wage and social debts
-€3,018
Accrued charges and deferred income
+€863
Investment (derived)
-€29,932
Investment in fixed assets (net)
-€29,932
Financing
-€10,353
Debts after one year
-€10,721
Current portion of long-term debt
+€368
Cash 2025
€24,183
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €316,508 | €321,830 | +€5,322 | +1.7% |
| Fixed assets | 21/28 | €287,958 | €288,990 | +€1,032 | +0.4% |
| Tangible fixed assets | 22/27 | €287,958 | €288,990 | +€1,032 | +0.4% |
| Land and buildings | 22 | €240,187 | €263,161 | +€22,974 | +9.6% |
| Plant, machinery and equipment | 23 | €2,080 | €0 | -€2,080 | -100.0% |
| Furniture and vehicles | 24 | €40,572 | €25,828 | -€14,743 | -36.3% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €5,119 | €0 | -€5,119 | -100.0% |
| Current assets | 29/58 | €28,550 | €32,840 | +€4,290 | +15.0% |
| Amounts receivable within one year | 40/41 | €596 | €7,059 | +€6,463 | +1083.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €596 | €7,059 | +€6,463 | +1083.5% |
| Cash at bank and in hand | 54/58 | €26,256 | €24,183 | -€2,073 | -7.9% |
| Deferred charges and accrued income | 490/1 | €1,698 | €1,598 | -€100 | -5.9% |
| Total equity and liabilities | 10/49 | €316,508 | €321,830 | +€5,322 | +1.7% |
| Equity | 10/15 | €167,574 | €186,845 | +€19,271 | +11.5% |
| Contributions | 10/11 | €271,443 | €271,443 | = | 0.0% |
| Capital | 10 | €271,443 | €271,443 | = | 0.0% |
| Issued capital | 100 | €271,443 | €271,443 | = | 0.0% |
| Reserves | 13 | €9,792 | €9,792 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,792 | €9,792 | = | 0.0% |
| Legal reserve | 130 | €9,792 | €9,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,661 | -€94,390 | +€19,271 | +17.0% |
| Amounts payable | 17/49 | €148,934 | €134,985 | -€13,949 | -9.4% |
| Amounts payable after more than one year | 17 | €105,439 | €94,718 | -€10,721 | -10.2% |
| Financial debts | 170/4 | €105,439 | €94,718 | -€10,721 | -10.2% |
| Amounts payable within one year | 42/48 | €19,741 | €15,649 | -€4,092 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €10,353 | €10,721 | +€368 | +3.6% |
| Trade debts | 44 | €1,705 | €263 | -€1,442 | -84.6% |
| Suppliers | 440/4 | €1,705 | €263 | -€1,442 | -84.6% |
| Taxes, remuneration and social security | 45 | €7,683 | €4,665 | -€3,018 | -39.3% |
| Taxes | 450/3 | €7,683 | €4,665 | -€3,018 | -39.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €23,754 | €24,617 | +€863 | +3.6% |
| Non-recurring operating income | 76A | - | €2,637 | +€2,637 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,104 | €28,901 | +€2,797 | +10.7% |
| Other operating charges | 640/8 | €24,568 | €25,521 | +€953 | +3.9% |
| Non-recurring operating charges | 66A | €15,000 | €1,768 | -€13,232 | -88.2% |
| Gross operating margin | 9900 | €86,702 | €80,212 | -€6,490 | -7.5% |
| Operating profit (loss) | 9901 | €21,031 | €24,023 | +€2,992 | +14.2% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €2,586 | €4,456 | +€1,870 | +72.3% |
| Recurring financial charges | 65 | €2,586 | €4,456 | +€1,870 | +72.3% |
| Profit (loss) for the period before taxes | 9903 | €18,446 | €19,567 | +€1,121 | +6.1% |
| Income taxes | 67/77 | €302 | €296 | -€7 | -2.2% |
| Profit (loss) for the period | 9904 | €18,144 | €19,271 | +€1,127 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,144 | €19,271 | +€1,127 | +6.2% |
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 10 October 2026 via checked.be.