VAN HECKE ISABELLE: 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 ISABELLE
Largest movements
- Current investments +€150,483
up €150,483 (+39.1%), from €384,604 to €535,087
- Cash -€42,918
down €42,918 (-24.5%), from €174,857 to €131,939
mainly Current investments (-€150,483) and Contributions, distributions and other (-€31,579)
- Reserves +€83,768
up €83,768 (+15.2%), from €549,876 to €633,645
- Other debts +€24,910
up €24,910 (+277%), from €9,007 to €33,917
- Gross operating margin +€34,546
up €34,546 (+25.0%), from €138,403 to €172,948
- Taxes +€9,895
up €9,895 (+21.8%), from €45,441 to €55,335
- Financial charges +€2,492
up €2,492, from -€1,914 to €578
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 | €595,923 | €706,465 | +€110,542 | +18.5% |
| Fixed assets | 21/28 | €14,295 | €14,639 | +€345 | +2.4% |
| Tangible fixed assets | 22/27 | €14,295 | €14,639 | +€345 | +2.4% |
| Furniture and vehicles | 24 | €6,057 | €6,572 | +€515 | +8.5% |
| Other tangible fixed assets | 26 | €8,238 | €8,068 | -€170 | -2.1% |
| Current assets | 29/58 | €581,629 | €691,826 | +€110,197 | +18.9% |
| Amounts receivable within one year | 40/41 | €18,044 | €22,943 | +€4,899 | +27.2% |
| Trade receivables | 40 | €9,414 | €14,175 | +€4,761 | +50.6% |
| Other amounts receivable | 41 | €8,630 | €8,768 | +€138 | +1.6% |
| Current investments | 50/53 | €384,604 | €535,087 | +€150,483 | +39.1% |
| Cash at bank and in hand | 54/58 | €174,857 | €131,939 | -€42,918 | -24.5% |
| Deferred charges and accrued income | 490/1 | €4,124 | €1,857 | -€2,267 | -55.0% |
| Total equity and liabilities | 10/49 | €595,923 | €706,465 | +€110,542 | +18.5% |
| Equity | 10/15 | €568,476 | €652,245 | +€83,768 | +14.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €549,876 | €633,645 | +€83,768 | +15.2% |
| Distributable reserves | 133 | €549,876 | €633,645 | +€83,768 | +15.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €27,447 | €54,220 | +€26,773 | +97.5% |
| Amounts payable within one year | 42/48 | €27,447 | €54,220 | +€26,773 | +97.5% |
| Financial debts | 43 | €10,000 | €12,530 | +€2,530 | +25.3% |
| Credit institutions | 430/8 | €10,000 | €12,530 | +€2,530 | +25.3% |
| Trade debts | 44 | €4 | €1,043 | +€1,039 | +24,970% |
| Suppliers | 440/4 | €4 | €1,043 | +€1,039 | +24,970% |
| Taxes, remuneration and social security | 45 | €8,436 | €6,731 | -€1,705 | -20.2% |
| Taxes | 450/3 | €8,436 | €6,731 | -€1,705 | -20.2% |
| Other amounts payable | 47/48 | €9,007 | €33,917 | +€24,910 | +277% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,977 | €2,604 | +€628 | +31.7% |
| Other operating charges | 640/8 | €842 | €680 | -€161 | -19.2% |
| Gross operating margin | 9900 | €138,403 | €172,948 | +€34,546 | +25.0% |
| Operating profit (loss) | 9901 | €135,584 | €169,663 | +€34,080 | +25.1% |
| Financial income | 75/76B | €936 | €1,597 | +€661 | +70.6% |
| Recurring financial income | 75 | €936 | €1,597 | +€661 | +70.6% |
| Financial charges | 65/66B | -€1,914 | €578 | +€2,492 | |
| Recurring financial charges | 65 | -€1,914 | €578 | +€2,492 | |
| Profit (loss) for the period before taxes | 9903 | €138,434 | €170,682 | +€32,249 | +23.3% |
| Income taxes | 67/77 | €45,441 | €55,335 | +€9,895 | +21.8% |
| Profit (loss) for the period | 9904 | €92,993 | €115,347 | +€22,354 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €92,993 | €115,347 | +€22,354 | +24.0% |
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 27 October 2026 via checked.be.