VAN HEMEL: what changed
Two fiscal 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 HEMEL
Largest movements
- Receivables within one year -€178,100
down €178,100 (-65.0%), from €273,988 to €95,888
of which Other amounts receivable: -€178,417
- Tangible fixed assets -€9,700
down €9,700 (-3.2%), from €303,575 to €293,875
of which Furniture and vehicles: -€5,684
- Other debts -€192,113
down €192,113 (-82.5%), from €232,794 to €40,681
- Reserves +€13,621
up €13,621 (+4.3%), from €315,651 to €329,272
- Financial charges -€5,316
down €5,316 (-58.7%), from €9,055 to €3,739
- Financial income -€3,954
down €3,954 (-38.1%), from €10,372 to €6,418
- Gross operating margin -€2,192
down €2,192 (-4.3%), from €50,408 to €48,216
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 | €582,661 | €399,862 | -€182,799 | -31.4% |
| Fixed assets | 21/28 | €303,575 | €293,875 | -€9,700 | -3.2% |
| Tangible fixed assets | 22/27 | €303,575 | €293,875 | -€9,700 | -3.2% |
| Land and buildings | 22 | €293,800 | €289,936 | -€3,865 | -1.3% |
| Plant, machinery and equipment | 23 | €706 | €555 | -€151 | -21.4% |
| Furniture and vehicles | 24 | €9,068 | €3,384 | -€5,684 | -62.7% |
| Current assets | 29/58 | €279,087 | €105,987 | -€173,099 | -62.0% |
| Amounts receivable within one year | 40/41 | €273,988 | €95,888 | -€178,100 | -65.0% |
| Trade receivables | 40 | €726 | €1,044 | +€318 | +43.8% |
| Other amounts receivable | 41 | €273,262 | €94,844 | -€178,417 | -65.3% |
| Cash at bank and in hand | 54/58 | €4,013 | €7,624 | +€3,611 | +90.0% |
| Deferred charges and accrued income | 490/1 | €1,086 | €2,476 | +€1,390 | +127.9% |
| Total equity and liabilities | 10/49 | €582,661 | €399,862 | -€182,799 | -31.4% |
| Equity | 10/15 | €334,243 | €347,864 | +€13,621 | +4.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €315,651 | €329,272 | +€13,621 | +4.3% |
| Distributable reserves | 133 | €315,651 | €329,272 | +€13,621 | +4.3% |
| Amounts payable | 17/49 | €248,418 | €51,998 | -€196,420 | -79.1% |
| Amounts payable within one year | 42/48 | €248,418 | €51,998 | -€196,420 | -79.1% |
| Financial debts | 43 | - | €24 | +€24 | |
| Credit institutions | 430/8 | - | €24 | +€24 | |
| Trade debts | 44 | €4,695 | €3,274 | -€1,421 | -30.3% |
| Suppliers | 440/4 | €4,695 | €3,274 | -€1,421 | -30.3% |
| Taxes, remuneration and social security | 45 | €10,929 | €8,019 | -€2,910 | -26.6% |
| Taxes | 450/3 | €10,929 | €8,019 | -€2,910 | -26.6% |
| Other amounts payable | 47/48 | €232,794 | €40,681 | -€192,113 | -82.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,347 | €23,901 | -€447 | -1.8% |
| Other operating charges | 640/8 | €5,279 | €5,352 | +€73 | +1.4% |
| Gross operating margin | 9900 | €50,408 | €48,216 | -€2,192 | -4.3% |
| Operating profit (loss) | 9901 | €20,782 | €18,964 | -€1,819 | -8.8% |
| Financial income | 75/76B | €10,372 | €6,418 | -€3,954 | -38.1% |
| Recurring financial income | 75 | €10,372 | €6,418 | -€3,954 | -38.1% |
| Financial charges | 65/66B | €9,055 | €3,739 | -€5,316 | -58.7% |
| Recurring financial charges | 65 | €9,055 | €3,739 | -€5,316 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €22,099 | €21,642 | -€457 | -2.1% |
| Income taxes | 67/77 | €8,507 | €8,021 | -€486 | -5.7% |
| Profit (loss) for the period | 9904 | €13,592 | €13,621 | +€29 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,592 | €13,621 | +€29 | +0.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.