VAN HECKE LOGISTICS: 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 LOGISTICS
Largest movements
- Tangible fixed assets -€67,693
down €67,693 (-5.8%), from €1.2m to €1.1m
of which Land and buildings: -€59,743
- Debts after one year -€38,584
down €38,584 (-4.6%), from €835,841 to €797,257
- Accrued charges and deferred income -€27,000
down €27,000 (-100%), from €27,000 to €0
- Reserves +€21,859
up €21,859 (+8.2%), from €267,472 to €289,331
of which Distributable reserves: +€21,859
- Other debts -€13,345
down €13,345 (-44.2%), from €30,220 to €16,875
- Gross operating margin +€7,392
up €7,392 (+5.4%), from €136,356 to €143,748
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 | €1,275,135 | €1,218,231 | -€56,904 | -4.5% |
| Fixed assets | 21/28 | €1,165,725 | €1,098,032 | -€67,693 | -5.8% |
| Tangible fixed assets | 22/27 | €1,165,725 | €1,098,032 | -€67,693 | -5.8% |
| Land and buildings | 22 | €1,147,682 | €1,087,939 | -€59,743 | -5.2% |
| Plant, machinery and equipment | 23 | €18,043 | €10,094 | -€7,950 | -44.1% |
| Current assets | 29/58 | €109,410 | €120,199 | +€10,789 | +9.9% |
| Amounts receivable within one year | 40/41 | €16,926 | €19,659 | +€2,733 | +16.1% |
| Trade receivables | 40 | €15,474 | €18,793 | +€3,319 | +21.4% |
| Other amounts receivable | 41 | €1,452 | €867 | -€586 | -40.3% |
| Cash at bank and in hand | 54/58 | €87,200 | €99,750 | +€12,550 | +14.4% |
| Deferred charges and accrued income | 490/1 | €5,283 | €789 | -€4,494 | -85.1% |
| Total equity and liabilities | 10/49 | €1,275,135 | €1,218,231 | -€56,904 | -4.5% |
| Equity | 10/15 | €326,516 | €348,375 | +€21,859 | +6.7% |
| Contributions | 10/11 | €38,840 | €38,840 | = | 0.0% |
| Revaluation surpluses | 12 | €20,203 | €20,203 | = | 0.0% |
| Reserves | 13 | €267,472 | €289,331 | +€21,859 | +8.2% |
| Tax-exempt reserves | 132 | €26,257 | €26,257 | = | 0.0% |
| Distributable reserves | 133 | €241,214 | €263,074 | +€21,859 | +9.1% |
| Amounts payable | 17/49 | €948,619 | €869,856 | -€78,763 | -8.3% |
| Amounts payable after more than one year | 17 | €835,841 | €797,257 | -€38,584 | -4.6% |
| Financial debts | 170/4 | €835,841 | €797,257 | -€38,584 | -4.6% |
| Amounts payable within one year | 42/48 | €85,778 | €72,599 | -€13,179 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €35,161 | €38,584 | +€3,422 | +9.7% |
| Trade debts | 44 | €11,251 | €6,644 | -€4,606 | -40.9% |
| Suppliers | 440/4 | €11,251 | €6,644 | -€4,606 | -40.9% |
| Taxes, remuneration and social security | 45 | €9,147 | €10,496 | +€1,349 | +14.7% |
| Taxes | 450/3 | €9,147 | €10,496 | +€1,349 | +14.7% |
| Other amounts payable | 47/48 | €30,220 | €16,875 | -€13,345 | -44.2% |
| Accrued charges and deferred income | 492/3 | €27,000 | €0 | -€27,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,298 | €67,693 | +€394 | +0.6% |
| Other operating charges | 640/8 | €19,697 | €20,258 | +€560 | +2.8% |
| Gross operating margin | 9900 | €136,356 | €143,748 | +€7,392 | +5.4% |
| Operating profit (loss) | 9901 | €49,361 | €55,798 | +€6,437 | +13.0% |
| Financial charges | 65/66B | €32,110 | €31,752 | -€358 | -1.1% |
| Recurring financial charges | 65 | €32,110 | €31,752 | -€358 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €17,251 | €24,045 | +€6,795 | +39.4% |
| Income taxes | 67/77 | €2,025 | €2,186 | +€161 | +8.0% |
| Profit (loss) for the period | 9904 | €15,226 | €21,859 | +€6,633 | +43.6% |
| Transfer from tax-exempt reserves | 789 | €5,020 | €0 | -€5,020 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €20,246 | €21,859 | +€1,614 | +8.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.