Van Hecke Filip: what changed
Van Hecke Filip
Largest movements
- Tangible fixed assets +€30,887
up €30,887 (+337%), from €9,155 to €40,042
of which Furniture and vehicles: +€31,479
- Cash -€3,414
down €3,414 (-9.4%), from €36,333 to €32,919
mainly Investment in fixed assets (net) (-€37,006) and Receivables within one year (-€1,017)
- Receivables within one year +€1,017
up €1,017 (+7.7%), from €13,292 to €14,310
of which Other amounts receivable: +€2,358
- Debts after one year +€12,083
new in 2025: €12,083
- Reserves +€10,050
up €10,050 (+18.1%), from €55,416 to €65,465
- Current portion of long-term debt +€5,000
new in 2025: €5,000
- Tax, wage and social debts +€2,078
up €2,078 (+162%), from €1,284 to €3,362
- Gross operating margin +€14,191
up €14,191 (+173%), from €8,202 to €22,393
- Depreciation +€4,590
up €4,590 (+300%), from €1,529 to €6,119
- Taxes +€3,095
up €3,095 (+113%), from €2,748 to €5,843
- Financial charges +€466
up €466 (+310,887%), from €0 to €466
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,781 | €87,911 | +€29,130 | +49.6% |
| Fixed assets | 21/28 | €9,155 | €40,042 | +€30,887 | +337% |
| Tangible fixed assets | 22/27 | €9,155 | €40,042 | +€30,887 | +337% |
| Plant, machinery and equipment | 23 | €318 | €220 | -€98 | -30.8% |
| Furniture and vehicles | 24 | €5,300 | €36,779 | +€31,479 | +594% |
| Other tangible fixed assets | 26 | €3,537 | €3,043 | -€494 | -14.0% |
| Current assets | 29/58 | €49,625 | €47,868 | -€1,757 | -3.5% |
| Amounts receivable within one year | 40/41 | €13,292 | €14,310 | +€1,017 | +7.7% |
| Trade receivables | 40 | €6,401 | €5,060 | -€1,341 | -21.0% |
| Other amounts receivable | 41 | €6,891 | €9,250 | +€2,358 | +34.2% |
| Cash at bank and in hand | 54/58 | €36,333 | €32,919 | -€3,414 | -9.4% |
| Deferred charges and accrued income | 490/1 | - | €640 | +€640 | |
| Total equity and liabilities | 10/49 | €58,781 | €87,911 | +€29,130 | +49.6% |
| Equity | 10/15 | €57,416 | €67,465 | +€10,050 | +17.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,416 | €65,465 | +€10,050 | +18.1% |
| Distributable reserves | 133 | €55,416 | €65,465 | +€10,050 | +18.1% |
| Amounts payable | 17/49 | €1,365 | €20,445 | +€19,081 | +1,398% |
| Amounts payable after more than one year | 17 | - | €12,083 | +€12,083 | |
| Financial debts | 170/4 | - | €12,083 | +€12,083 | |
| Amounts payable within one year | 42/48 | €1,365 | €8,362 | +€6,997 | +513% |
| Current portion of amounts payable after more than one year | 42 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €81 | - | -€81 | |
| Suppliers | 440/4 | €81 | - | -€81 | |
| Taxes, remuneration and social security | 45 | €1,284 | €3,362 | +€2,078 | +162% |
| Taxes | 450/3 | €1,284 | €3,362 | +€2,078 | +162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,529 | €6,119 | +€4,590 | +300% |
| Other operating charges | 640/8 | €141 | €313 | +€172 | +123% |
| Non-recurring operating charges | 66A | €269 | - | -€269 | |
| Gross operating margin | 9900 | €8,202 | €22,393 | +€14,191 | +173% |
| Operating profit (loss) | 9901 | €6,263 | €15,962 | +€9,699 | +155% |
| Financial income | 75/76B | €345 | €397 | +€51 | +14.9% |
| Recurring financial income | 75 | €345 | €397 | +€51 | +14.9% |
| Financial charges | 65/66B | €0 | €466 | +€466 | +310,887% |
| Recurring financial charges | 65 | €0 | €466 | +€466 | +310,887% |
| Profit (loss) for the period before taxes | 9903 | €6,609 | €15,892 | +€9,284 | +140% |
| Income taxes | 67/77 | €2,748 | €5,843 | +€3,095 | +113% |
| Profit (loss) for the period | 9904 | €3,861 | €10,050 | +€6,189 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €3,861 | €10,050 | +€6,189 | +160% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.