VAN HECKE EC: 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 HECKE EC
Largest movements
- Cash +€79,522
up €79,522 (+69.9%), from €113,810 to €193,333
mainly Receivables within one year (+€58,737) and Net result for the year (+€50,783)
- Receivables within one year -€58,737
down €58,737 (-64.0%), from €91,789 to €33,052
of which Trade receivables: -€74,014
- Reserves +€50,783
up €50,783 (+30.6%), from €166,122 to €216,905
- Tax, wage and social debts -€20,928
down €20,928 (-80.5%), from €26,006 to €5,078
- Trade debts -€9,192
down €9,192 (-77.1%), from €11,923 to €2,731
- Gross operating margin -€166,684
down €166,684 (-69.9%), from €238,329 to €71,646
- Taxes -€51,939
down €51,939 (-73.1%), from €71,006 to €19,067
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 | €212,102 | €231,279 | +€19,177 | +9.0% |
| Fixed assets | 21/28 | €6,503 | €4,895 | -€1,608 | -24.7% |
| Tangible fixed assets | 22/27 | €6,503 | €4,895 | -€1,608 | -24.7% |
| Furniture and vehicles | 24 | €6,503 | €4,895 | -€1,608 | -24.7% |
| Current assets | 29/58 | €205,599 | €226,384 | +€20,785 | +10.1% |
| Amounts receivable within one year | 40/41 | €91,789 | €33,052 | -€58,737 | -64.0% |
| Trade receivables | 40 | €88,693 | €14,679 | -€74,014 | -83.4% |
| Other amounts receivable | 41 | €3,096 | €18,372 | +€15,277 | +493% |
| Cash at bank and in hand | 54/58 | €113,810 | €193,333 | +€79,522 | +69.9% |
| Total equity and liabilities | 10/49 | €212,102 | €231,279 | +€19,177 | +9.0% |
| Equity | 10/15 | €171,122 | €221,905 | +€50,783 | +29.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €166,122 | €216,905 | +€50,783 | +30.6% |
| Distributable reserves | 133 | €166,122 | €216,905 | +€50,783 | +30.6% |
| Amounts payable | 17/49 | €40,980 | €9,374 | -€31,606 | -77.1% |
| Amounts payable within one year | 42/48 | €39,712 | €7,809 | -€31,902 | -80.3% |
| Trade debts | 44 | €11,923 | €2,731 | -€9,192 | -77.1% |
| Suppliers | 440/4 | €11,923 | €2,731 | -€9,192 | -77.1% |
| Taxes, remuneration and social security | 45 | €26,006 | €5,078 | -€20,928 | -80.5% |
| Taxes | 450/3 | €26,006 | €5,078 | -€20,928 | -80.5% |
| Other amounts payable | 47/48 | €1,783 | - | -€1,783 | |
| Accrued charges and deferred income | 492/3 | €1,269 | €1,565 | +€297 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392 | €1,608 | +€1,216 | +310% |
| Other operating charges | 640/8 | €895 | €513 | -€381 | -42.6% |
| Gross operating margin | 9900 | €238,329 | €71,646 | -€166,684 | -69.9% |
| Operating profit (loss) | 9901 | €237,043 | €69,524 | -€167,519 | -70.7% |
| Financial income | 75/76B | €194 | €398 | +€204 | +106% |
| Recurring financial income | 75 | €194 | €398 | +€204 | +106% |
| Financial charges | 65/66B | €108 | €72 | -€36 | -33.2% |
| Recurring financial charges | 65 | €108 | €72 | -€36 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €237,128 | €69,849 | -€167,279 | -70.5% |
| Income taxes | 67/77 | €71,006 | €19,067 | -€51,939 | -73.1% |
| Profit (loss) for the period | 9904 | €166,122 | €50,783 | -€115,339 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | €166,122 | €50,783 | -€115,339 | -69.4% |
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 18 October 2026 via checked.be.