VAN HECKE PATRICK WEGTRANSPORT: 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 PATRICK WEGTRANSPORT
Largest movements
- Cash +€128,330
up €128,330 (+68.7%), from €186,664 to €314,993
mainly Depreciation (+€103,471) and Debts after one year (+€91,934)
- Tangible fixed assets +€113,950
up €113,950 (+8.0%), from €1.4m to €1.5m
of which Furniture and vehicles: +€185,300
- Receivables within one year -€27,986
down €27,986 (-25.2%), from €110,948 to €82,963
of which Trade receivables: -€48,777
- Debts after one year +€91,934
up €91,934 (+10.5%), from €872,041 to €963,975
- Reserves +€68,598
up €68,598 (+13.7%), from €499,552 to €568,150
- Current portion of long-term debt +€49,112
up €49,112 (+70.8%), from €69,404 to €118,516
- Gross operating margin +€52,234
up €52,234 (+26.4%), from €197,548 to €249,782
- Depreciation +€14,774
up €14,774 (+16.7%), from €88,698 to €103,471
- Taxes +€4,792
up €4,792 (+20.1%), from €23,813 to €28,605
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 | €1,741,336 | €1,956,941 | +€215,605 | +12.4% |
| Fixed assets | 21/28 | €1,431,700 | €1,545,650 | +€113,950 | +8.0% |
| Tangible fixed assets | 22/27 | €1,431,700 | €1,545,650 | +€113,950 | +8.0% |
| Land and buildings | 22 | €1,377,760 | €1,307,702 | -€70,058 | -5.1% |
| Plant, machinery and equipment | 23 | €5,490 | €4,198 | -€1,292 | -23.5% |
| Furniture and vehicles | 24 | €48,450 | €233,750 | +€185,300 | +382% |
| Current assets | 29/58 | €309,636 | €411,291 | +€101,656 | +32.8% |
| Amounts receivable within one year | 40/41 | €110,948 | €82,963 | -€27,986 | -25.2% |
| Trade receivables | 40 | €109,648 | €60,871 | -€48,777 | -44.5% |
| Other amounts receivable | 41 | €1,300 | €22,092 | +€20,792 | +1,599% |
| Cash at bank and in hand | 54/58 | €186,664 | €314,993 | +€128,330 | +68.7% |
| Deferred charges and accrued income | 490/1 | €12,024 | €13,335 | +€1,312 | +10.9% |
| Total equity and liabilities | 10/49 | €1,741,336 | €1,956,941 | +€215,605 | +12.4% |
| Equity | 10/15 | €506,996 | €574,997 | +€68,001 | +13.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €499,552 | €568,150 | +€68,598 | +13.7% |
| Distributable reserves | 133 | €499,552 | €568,150 | +€68,598 | +13.7% |
| Investment grants | 15 | €1,195 | €597 | -€597 | -50.0% |
| Amounts payable | 17/49 | €1,234,339 | €1,381,944 | +€147,604 | +12.0% |
| Amounts payable after more than one year | 17 | €872,041 | €963,975 | +€91,934 | +10.5% |
| Financial debts | 170/4 | €872,041 | €963,975 | +€91,934 | +10.5% |
| Amounts payable within one year | 42/48 | €351,001 | €414,539 | +€63,538 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €69,404 | €118,516 | +€49,112 | +70.8% |
| Trade debts | 44 | €4,668 | €2,649 | -€2,020 | -43.3% |
| Suppliers | 440/4 | €4,668 | €2,649 | -€2,020 | -43.3% |
| Taxes, remuneration and social security | 45 | €31,473 | €32,145 | +€671 | +2.1% |
| Taxes | 450/3 | €31,473 | €32,145 | +€671 | +2.1% |
| Other amounts payable | 47/48 | €245,455 | €261,230 | +€15,774 | +6.4% |
| Accrued charges and deferred income | 492/3 | €11,297 | €3,430 | -€7,867 | -69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,698 | €103,471 | +€14,774 | +16.7% |
| Other operating charges | 640/8 | €5,336 | €4,981 | -€354 | -6.6% |
| Gross operating margin | 9900 | €197,548 | €249,782 | +€52,234 | +26.4% |
| Operating profit (loss) | 9901 | €103,515 | €141,330 | +€37,815 | +36.5% |
| Financial income | 75/76B | €1,168 | €1,464 | +€296 | +25.3% |
| Recurring financial income | 75 | €1,168 | €1,464 | +€296 | +25.3% |
| Financial charges | 65/66B | €24,682 | €26,590 | +€1,908 | +7.7% |
| Recurring financial charges | 65 | €24,682 | €26,590 | +€1,908 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €80,001 | €116,204 | +€36,203 | +45.3% |
| Income taxes | 67/77 | €23,813 | €28,605 | +€4,792 | +20.1% |
| Profit (loss) for the period | 9904 | €56,188 | €87,598 | +€31,411 | +55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,188 | €87,598 | +€31,411 | +55.9% |
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.