van Heusden Consulting: what changed
van Heusden Consulting
Largest movements
- Tangible fixed assets -€255,332
down €255,332 (-97.1%), from €262,949 to €7,617
of which Land and buildings: -€259,617
- Current investments +€106,000
up €106,000 (+545%), from €19,452 to €125,452
- Cash +€67,440
up €67,440 (+272%), from €24,826 to €92,266
mainly Investment in fixed assets (net) (+€250,918) and Net result for the year (+€89,272)
- Receivables within one year +€34,823
up €34,823 (+158%), from €22,032 to €56,855
of which Other amounts receivable: +€34,437
- Debts after one year -€119,443
no longer reported in 2025 (was €119,443)
- Reserves +€89,272
up €89,272 (+138%), from €64,650 to €153,923
of which Distributable reserves: +€89,272
- Tax, wage and social debts +€35,003
up €35,003 (+198%), from €17,697 to €52,700
of which Taxes: +€35,003
- Other debts -€29,513
no longer reported in 2025 (was €29,513)
- Current portion of long-term debt -€19,540
no longer reported in 2025 (was €19,540)
- Gross operating margin +€84,606
up €84,606 (+147%), from €57,608 to €142,214
- Taxes +€36,407
up €36,407 (+470%), from €7,749 to €44,155
- Depreciation -€17,088
down €17,088 (-79.5%), from €21,502 to €4,413
- Financial charges -€13,777
down €13,777 (-86.7%), from €15,890 to €2,112
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €330,050 | €282,941 | -€47,109 | -14.3% |
| Fixed assets | 21/28 | €263,449 | €8,117 | -€255,332 | -96.9% |
| Tangible fixed assets | 22/27 | €262,949 | €7,617 | -€255,332 | -97.1% |
| Land and buildings | 22 | €259,617 | - | -€259,617 | |
| Plant, machinery and equipment | 23 | €2,885 | €7,543 | +€4,659 | +162% |
| Furniture and vehicles | 24 | €447 | €74 | -€373 | -83.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €66,601 | €274,824 | +€208,223 | +313% |
| Amounts receivable within one year | 40/41 | €22,032 | €56,855 | +€34,823 | +158% |
| Trade receivables | 40 | €16,923 | €17,310 | +€386 | +2.3% |
| Other amounts receivable | 41 | €5,109 | €39,546 | +€34,437 | +674% |
| Current investments | 50/53 | €19,452 | €125,452 | +€106,000 | +545% |
| Cash at bank and in hand | 54/58 | €24,826 | €92,266 | +€67,440 | +272% |
| Deferred charges and accrued income | 490/1 | €290 | €250 | -€40 | -13.8% |
| Total equity and liabilities | 10/49 | €330,050 | €282,941 | -€47,109 | -14.3% |
| Equity | 10/15 | €135,680 | €224,952 | +€89,272 | +65.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,650 | €153,923 | +€89,272 | +138% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,790 | €152,063 | +€89,272 | +142% |
| Profit (loss) carried forward | 14 | €64,830 | €64,830 | = | 0.0% |
| Amounts payable | 17/49 | €194,370 | €57,989 | -€136,381 | -70.2% |
| Amounts payable after more than one year | 17 | €119,443 | - | -€119,443 | |
| Financial debts | 170/4 | €119,443 | - | -€119,443 | |
| Amounts payable within one year | 42/48 | €74,926 | €57,989 | -€16,938 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €19,540 | - | -€19,540 | |
| Financial debts | 43 | €1,284 | €3,237 | +€1,952 | +152% |
| Credit institutions | 430/8 | €1,284 | €3,237 | +€1,952 | +152% |
| Trade debts | 44 | €6,892 | €2,052 | -€4,840 | -70.2% |
| Suppliers | 440/4 | €6,892 | €2,052 | -€4,840 | -70.2% |
| Taxes, remuneration and social security | 45 | €17,697 | €52,700 | +€35,003 | +198% |
| Taxes | 450/3 | €15,277 | €50,280 | +€35,003 | +229% |
| Remuneration and social security | 454/9 | €2,420 | €2,420 | = | 0.0% |
| Other amounts payable | 47/48 | €29,513 | - | -€29,513 | |
| Non-recurring operating income | 76A | - | €106,336 | +€106,336 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,502 | €4,413 | -€17,088 | -79.5% |
| Other operating charges | 640/8 | €3,670 | €2,359 | -€1,311 | -35.7% |
| Gross operating margin | 9900 | €57,608 | €142,214 | +€84,606 | +147% |
| Operating profit (loss) | 9901 | €32,436 | €135,442 | +€103,006 | +318% |
| Financial income | 75/76B | €1,396 | €98 | -€1,298 | -93.0% |
| Recurring financial income | 75 | €1,396 | €98 | -€1,298 | -93.0% |
| Financial charges | 65/66B | €15,890 | €2,112 | -€13,777 | -86.7% |
| Recurring financial charges | 65 | €15,890 | €2,112 | -€13,777 | -86.7% |
| Profit (loss) for the period before taxes | 9903 | €17,942 | €133,427 | +€115,485 | +644% |
| Income taxes | 67/77 | €7,749 | €44,155 | +€36,407 | +470% |
| Profit (loss) for the period | 9904 | €10,194 | €89,272 | +€79,078 | +776% |
| Profit (loss) for the period to be appropriated | 9905 | €10,194 | €89,272 | +€79,078 | +776% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.