Van Hees: 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 Hees
Largest movements
- Receivables after one year +€373,862
up €373,862 (+19.8%), from €1.9m to €2.3m
- Receivables within one year -€358,162
down €358,162 (-60.0%), from €596,688 to €238,526
of which Trade receivables: -€225,910
- Financial fixed assets +€225,000
up €225,000 (+123.5%), from €182,150 to €407,150
- Cash +€140,662
up €140,662 (+27.9%), from €504,237 to €644,900
mainly Net result for the year (+€388,810) and Receivables within one year (+€358,162)
- Profit (loss) carried forward +€388,810
up €388,810 (+27.1%), from €1.4m to €1.8m
- Debts after one year +€250,000
up €250,000 (+33.3%), from €750,000 to €1.0m
- Other debts -€228,113
down €228,113 (-49.3%), from €462,858 to €234,744
- Tax, wage and social debts -€44,378
down €44,378 (-71.9%), from €61,749 to €17,371
- Financial charges +€10,043
up €10,043 (+33.1%), from €30,335 to €40,378
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.
Cash bridge derived
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 | €3,299,200 | €3,663,952 | +€364,752 | +11.1% |
| Fixed assets | 21/28 | €306,909 | €510,349 | +€203,439 | +66.3% |
| Tangible fixed assets | 22/27 | €124,759 | €103,199 | -€21,561 | -17.3% |
| Land and buildings | 22 | €109,886 | €94,593 | -€15,292 | -13.9% |
| Plant, machinery and equipment | 23 | €312 | €2,337 | +€2,025 | +648.7% |
| Furniture and vehicles | 24 | €14,562 | €6,268 | -€8,294 | -57.0% |
| Financial fixed assets | 28 | €182,150 | €407,150 | +€225,000 | +123.5% |
| Current assets | 29/58 | €2,992,291 | €3,153,603 | +€161,312 | +5.4% |
| Amounts receivable after more than one year | 29 | €1,891,366 | €2,265,228 | +€373,862 | +19.8% |
| Other amounts receivable | 291 | €1,891,366 | €2,265,228 | +€373,862 | +19.8% |
| Amounts receivable within one year | 40/41 | €596,688 | €238,526 | -€358,162 | -60.0% |
| Trade receivables | 40 | €243,296 | €17,385 | -€225,910 | -92.9% |
| Other amounts receivable | 41 | €353,392 | €221,140 | -€132,252 | -37.4% |
| Cash at bank and in hand | 54/58 | €504,237 | €644,900 | +€140,662 | +27.9% |
| Deferred charges and accrued income | 490/1 | €0 | €4,950 | +€4,950 | |
| Total equity and liabilities | 10/49 | €3,299,200 | €3,663,952 | +€364,752 | +11.1% |
| Equity | 10/15 | €2,021,856 | €2,410,666 | +€388,810 | +19.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €569,322 | €569,322 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €567,322 | €567,322 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,432,534 | €1,821,345 | +€388,810 | +27.1% |
| Amounts payable | 17/49 | €1,277,344 | €1,253,286 | -€24,058 | -1.9% |
| Amounts payable after more than one year | 17 | €750,000 | €1,000,000 | +€250,000 | +33.3% |
| Financial debts | 170/4 | €750,000 | €1,000,000 | +€250,000 | +33.3% |
| Amounts payable within one year | 42/48 | €526,851 | €253,286 | -€273,566 | -51.9% |
| Trade debts | 44 | €2,245 | €1,170 | -€1,075 | -47.9% |
| Suppliers | 440/4 | €2,245 | €1,170 | -€1,075 | -47.9% |
| Taxes, remuneration and social security | 45 | €61,749 | €17,371 | -€44,378 | -71.9% |
| Taxes | 450/3 | €61,749 | €17,371 | -€44,378 | -71.9% |
| Other amounts payable | 47/48 | €462,858 | €234,744 | -€228,113 | -49.3% |
| Accrued charges and deferred income | 492/3 | €493 | €0 | -€493 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,261 | €35,903 | +€642 | +1.8% |
| Other operating charges | 640/8 | €11,276 | €6,194 | -€5,082 | -45.1% |
| Gross operating margin | 9900 | €524,814 | €524,111 | -€703 | -0.1% |
| Operating profit (loss) | 9901 | €478,277 | €482,014 | +€3,737 | +0.8% |
| Financial income | 75/76B | €75,602 | €77,358 | +€1,756 | +2.3% |
| Recurring financial income | 75 | €75,602 | €77,358 | +€1,756 | +2.3% |
| Financial charges | 65/66B | €30,335 | €40,378 | +€10,043 | +33.1% |
| Recurring financial charges | 65 | €30,335 | €40,378 | +€10,043 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €523,544 | €518,993 | -€4,551 | -0.9% |
| Income taxes | 67/77 | €130,971 | €130,183 | -€788 | -0.6% |
| Profit (loss) for the period | 9904 | €392,573 | €388,810 | -€3,763 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €392,573 | €388,810 | -€3,763 | -1.0% |
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 9 October 2026 via checked.be.