VAN HIMBEECK: 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 HIMBEECK
Largest movements
- Tangible fixed assets +€71,102
up €71,102 (+79.2%), from €89,761 to €160,864
of which Leasing and similar rights: +€95,155
- Current investments +€12,594
up €12,594 (+8.9%), from €141,518 to €154,111
- Receivables within one year +€8,745
up €8,745 (+10.6%), from €82,282 to €91,028
of which Trade receivables: +€6,657
- Debts after one year +€47,770
new in 2025: €47,770
- Reserves +€39,100
up €39,100 (+7.9%), from €495,159 to €534,259
of which Distributable reserves: +€39,100
- Tax, wage and social debts -€28,092
down €28,092 (-56.9%), from €49,366 to €21,274
of which Remuneration and social security: -€17,056
- Current portion of long-term debt +€16,096
new in 2025: €16,096
- Gross operating margin +€40,246
up €40,246 (+14.0%), from €287,466 to €327,712
- Taxes +€8,938
up €8,938 (+30.6%), from €29,174 to €38,112
- Depreciation +€7,438
up €7,438 (+20.7%), from €35,858 to €43,296
- Staff costs -€5,385
down €5,385 (-3.3%), from €161,609 to €156,225
- Other operating charges +€3,900
up €3,900 (+136%), from €2,869 to €6,770
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 | €626,471 | €707,599 | +€81,128 | +12.9% |
| Fixed assets | 21/28 | €95,711 | €166,813 | +€71,102 | +74.3% |
| Tangible fixed assets | 22/27 | €89,761 | €160,864 | +€71,102 | +79.2% |
| Plant, machinery and equipment | 23 | €1,888 | €5,536 | +€3,648 | +193% |
| Furniture and vehicles | 24 | €10,841 | €8,101 | -€2,740 | -25.3% |
| Leasing and similar rights | 25 | - | €95,155 | +€95,155 | |
| Other tangible fixed assets | 26 | €77,032 | €52,071 | -€24,961 | -32.4% |
| Financial fixed assets | 28 | €5,949 | €5,949 | = | 0.0% |
| Current assets | 29/58 | €530,760 | €540,785 | +€10,025 | +1.9% |
| Stocks and contracts in progress | 3 | €88,248 | €81,839 | -€6,410 | -7.3% |
| Stocks | 30/36 | €88,248 | €81,839 | -€6,410 | -7.3% |
| Amounts receivable within one year | 40/41 | €82,282 | €91,028 | +€8,745 | +10.6% |
| Trade receivables | 40 | €72,581 | €79,238 | +€6,657 | +9.2% |
| Other amounts receivable | 41 | €9,701 | €11,790 | +€2,088 | +21.5% |
| Current investments | 50/53 | €141,518 | €154,111 | +€12,594 | +8.9% |
| Cash at bank and in hand | 54/58 | €212,023 | €206,158 | -€5,864 | -2.8% |
| Deferred charges and accrued income | 490/1 | €6,689 | €7,649 | +€960 | +14.4% |
| Total equity and liabilities | 10/49 | €626,471 | €707,599 | +€81,128 | +12.9% |
| Equity | 10/15 | €549,359 | €588,498 | +€39,139 | +7.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €495,159 | €534,259 | +€39,100 | +7.9% |
| Non-distributable reserves | 130/1 | €14,259 | €14,259 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,259 | €14,259 | = | 0.0% |
| Distributable reserves | 133 | €480,900 | €520,000 | +€39,100 | +8.1% |
| Profit (loss) carried forward | 14 | €35,608 | €35,647 | +€39 | +0.1% |
| Amounts payable | 17/49 | €77,112 | €119,100 | +€41,989 | +54.5% |
| Amounts payable after more than one year | 17 | - | €47,770 | +€47,770 | |
| Financial debts | 170/4 | - | €47,770 | +€47,770 | |
| Amounts payable within one year | 42/48 | €77,112 | €71,330 | -€5,782 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | - | €16,096 | +€16,096 | |
| Trade debts | 44 | €20,495 | €27,163 | +€6,668 | +32.5% |
| Suppliers | 440/4 | €20,495 | €27,163 | +€6,668 | +32.5% |
| Taxes, remuneration and social security | 45 | €49,366 | €21,274 | -€28,092 | -56.9% |
| Taxes | 450/3 | €13,596 | €2,560 | -€11,036 | -81.2% |
| Remuneration and social security | 454/9 | €35,770 | €18,714 | -€17,056 | -47.7% |
| Other amounts payable | 47/48 | €7,251 | €6,797 | -€454 | -6.3% |
| Remuneration, social security and pensions | 62 | €161,609 | €156,225 | -€5,385 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,858 | €43,296 | +€7,438 | +20.7% |
| Other operating charges | 640/8 | €2,869 | €6,770 | +€3,900 | +136% |
| Gross operating margin | 9900 | €287,466 | €327,712 | +€40,246 | +14.0% |
| Operating profit (loss) | 9901 | €87,130 | €121,422 | +€34,293 | +39.4% |
| Financial income | 75/76B | €8,675 | €4,775 | -€3,900 | -45.0% |
| Recurring financial income | 75 | €8,675 | €4,775 | -€3,900 | -45.0% |
| Financial charges | 65/66B | €2,235 | €2,946 | +€711 | +31.8% |
| Recurring financial charges | 65 | €2,235 | €2,946 | +€711 | +31.8% |
| Profit (loss) for the period before taxes | 9903 | €93,570 | €123,252 | +€29,681 | +31.7% |
| Income taxes | 67/77 | €29,174 | €38,112 | +€8,938 | +30.6% |
| Profit (loss) for the period | 9904 | €64,396 | €85,139 | +€20,743 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,396 | €85,139 | +€20,743 | +32.2% |
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 17 October 2026 via checked.be.