VAN HECKE F: 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 F
Largest movements
- Receivables within one year +€70,000
new in 2025: €70,000
- Tangible fixed assets -€29,171
no longer reported in 2025 (was €29,171)
- Cash +€2,713
up €2,713 (+58.9%), from €4,604 to €7,318
mainly Net result for the year (+€198,893) and Provisions (+€86,740)
- Reserves +€260,222
up €260,222 (+23.6%), from €1.1m to €1.4m
of which Tax-exempt reserves: +€260,222
- Other debts -€165,000
down €165,000 (-58.7%), from €281,076 to €116,076
- Provisions +€86,740
up €86,740 (+69.4%), from €125,031 to €211,771
- Tax, wage and social debts -€78,993
no longer reported in 2025 (was €78,993)
- Profit (loss) carried forward -€61,329
down €61,329 (-2.7%), from -€2.3m to -€2.3m
- Gross operating margin +€404,638
up €404,638 (+7,450%), from €5,432 to €410,070
- Depreciation +€78,925
new in 2025: €78,925
- Taxes +€26,510
new in 2025: €26,510
- Other operating charges +€14,153
up €14,153 (+312%), from €4,539 to €18,692
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 | €33,776 | €77,318 | +€43,542 | +129% |
| Fixed assets | 21/28 | €29,171 | - | -€29,171 | |
| Tangible fixed assets | 22/27 | €29,171 | - | -€29,171 | |
| Land and buildings | 22 | €29,171 | - | -€29,171 | |
| Current assets | 29/58 | €4,604 | €77,318 | +€72,713 | +1,579% |
| Amounts receivable within one year | 40/41 | - | €70,000 | +€70,000 | |
| Other amounts receivable | 41 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €4,604 | €7,318 | +€2,713 | +58.9% |
| Total equity and liabilities | 10/49 | €33,776 | €77,318 | +€43,542 | +129% |
| Equity | 10/15 | -€557,553 | -€358,660 | +€198,893 | +35.7% |
| Contributions | 10/11 | €299,417 | €299,417 | = | 0.0% |
| Capital | 10 | €299,417 | €299,417 | = | 0.0% |
| Issued capital | 100 | €299,417 | €299,417 | = | 0.0% |
| Revaluation surpluses | 12 | €311,882 | €311,882 | = | 0.0% |
| Reserves | 13 | €1,102,815 | €1,363,037 | +€260,222 | +23.6% |
| Tax-exempt reserves | 132 | €375,089 | €635,311 | +€260,222 | +69.4% |
| Distributable reserves | 133 | €727,726 | €727,726 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,271,667 | -€2,332,996 | -€61,329 | -2.7% |
| Provisions and deferred taxes | 16 | €125,031 | €211,771 | +€86,740 | +69.4% |
| Deferred taxes | 168 | €125,031 | €211,771 | +€86,740 | +69.4% |
| Amounts payable | 17/49 | €466,298 | €224,207 | -€242,091 | -51.9% |
| Amounts payable within one year | 42/48 | €360,069 | €119,178 | -€240,891 | -66.9% |
| Trade debts | 44 | - | €3,102 | +€3,102 | |
| Suppliers | 440/4 | - | €3,102 | +€3,102 | |
| Taxes, remuneration and social security | 45 | €78,993 | - | -€78,993 | |
| Taxes | 450/3 | €78,993 | - | -€78,993 | |
| Other amounts payable | 47/48 | €281,076 | €116,076 | -€165,000 | -58.7% |
| Accrued charges and deferred income | 492/3 | €106,228 | €105,028 | -€1,200 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €78,925 | +€78,925 | |
| Other operating charges | 640/8 | €4,539 | €18,692 | +€14,153 | +312% |
| Gross operating margin | 9900 | €5,432 | €410,070 | +€404,638 | +7,450% |
| Operating profit (loss) | 9901 | €892 | €312,453 | +€311,561 | +34,919% |
| Financial charges | 65/66B | €154 | €311 | +€157 | +102% |
| Recurring financial charges | 65 | €154 | €311 | +€157 | +102% |
| Profit (loss) for the period before taxes | 9903 | €738 | €312,143 | +€311,404 | +42,171% |
| Transfer to deferred taxes | 680 | - | €86,740 | +€86,740 | |
| Income taxes | 67/77 | - | €26,510 | +€26,510 | |
| Profit (loss) for the period | 9904 | €738 | €198,893 | +€198,154 | +26,835% |
| Transfer to tax-exempt reserves | 689 | - | €260,222 | +€260,222 | |
| Profit (loss) for the period to be appropriated | 9905 | €738 | -€61,329 | -€62,067 |
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 28 October 2026 via checked.be.