VAN HEIJST: 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 HEIJST
Largest movements
- Receivables within one year -€42,695
down €42,695 (-91.7%), from €46,552 to €3,857
of which Trade receivables: -€43,249
- Cash -€18,162
down €18,162 (-65.7%), from €27,659 to €9,496
mainly Net result for the year (-€33,581) and Stocks and contracts (-€15,000)
- Stocks and contracts +€15,000
up €15,000 (+221%), from €6,800 to €21,800
- Receivables after one year +€5,086
up €5,086 (+3.6%), from €140,560 to €145,646
- Tangible fixed assets -€2,729
down €2,729 (-16.5%), from €16,513 to €13,783
of which Plant, machinery and equipment: -€1,680
- Profit (loss) carried forward -€33,581
down €33,581 (-93.9%), from €35,779 to €2,198
- Trade debts -€7,871
down €7,871 (-62.1%), from €12,673 to €4,801
- Tax, wage and social debts -€2,494
down €2,494 (-58.7%), from €4,248 to €1,755
- Gross operating margin -€38,382
down €38,382, from €7,634 to -€30,747
- Taxes -€1,457
down €1,457 (-100%), from €1,457 to €0
- Financial charges -€352
down €352 (-66.1%), from €533 to €180
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 | €240,736 | €196,790 | -€43,946 | -18.3% |
| Fixed assets | 21/28 | €16,513 | €13,783 | -€2,729 | -16.5% |
| Tangible fixed assets | 22/27 | €16,513 | €13,783 | -€2,729 | -16.5% |
| Plant, machinery and equipment | 23 | €3,265 | €1,585 | -€1,680 | -51.4% |
| Furniture and vehicles | 24 | €13,247 | €12,198 | -€1,049 | -7.9% |
| Current assets | 29/58 | €224,223 | €183,006 | -€41,217 | -18.4% |
| Amounts receivable after more than one year | 29 | €140,560 | €145,646 | +€5,086 | +3.6% |
| Other amounts receivable | 291 | €140,560 | €145,646 | +€5,086 | +3.6% |
| Stocks and contracts in progress | 3 | €6,800 | €21,800 | +€15,000 | +221% |
| Stocks | 30/36 | €6,800 | €21,800 | +€15,000 | +221% |
| Amounts receivable within one year | 40/41 | €46,552 | €3,857 | -€42,695 | -91.7% |
| Trade receivables | 40 | €43,442 | €194 | -€43,249 | -99.6% |
| Other amounts receivable | 41 | €3,110 | €3,663 | +€554 | +17.8% |
| Cash at bank and in hand | 54/58 | €27,659 | €9,496 | -€18,162 | -65.7% |
| Deferred charges and accrued income | 490/1 | €2,652 | €2,207 | -€445 | -16.8% |
| Total equity and liabilities | 10/49 | €240,736 | €196,790 | -€43,946 | -18.3% |
| Equity | 10/15 | €220,440 | €186,860 | -€33,581 | -15.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €166,070 | €166,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €164,210 | €164,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,779 | €2,198 | -€33,581 | -93.9% |
| Amounts payable | 17/49 | €20,295 | €9,930 | -€10,365 | -51.1% |
| Amounts payable within one year | 42/48 | €20,295 | €9,930 | -€10,365 | -51.1% |
| Trade debts | 44 | €12,673 | €4,801 | -€7,871 | -62.1% |
| Suppliers | 440/4 | €12,673 | €4,801 | -€7,871 | -62.1% |
| Taxes, remuneration and social security | 45 | €4,248 | €1,755 | -€2,494 | -58.7% |
| Taxes | 450/3 | €4,248 | €1,755 | -€2,494 | -58.7% |
| Other amounts payable | 47/48 | €3,374 | €3,374 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,544 | €6,420 | -€125 | -1.9% |
| Other operating charges | 640/8 | €1,261 | €1,304 | +€43 | +3.4% |
| Gross operating margin | 9900 | €7,634 | -€30,747 | -€38,382 | |
| Operating profit (loss) | 9901 | -€171 | -€38,470 | -€38,300 | -22,440% |
| Financial income | 75/76B | €4,885 | €5,070 | +€185 | +3.8% |
| Recurring financial income | 75 | €4,885 | €5,070 | +€185 | +3.8% |
| Financial charges | 65/66B | €533 | €180 | -€352 | -66.1% |
| Recurring financial charges | 65 | €533 | €180 | -€352 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | €4,182 | -€33,581 | -€37,762 | |
| Income taxes | 67/77 | €1,457 | €0 | -€1,457 | -100% |
| Profit (loss) for the period | 9904 | €2,725 | -€33,581 | -€36,305 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,725 | -€33,581 | -€36,305 |
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 16 October 2026 via checked.be.