VAN HOECKE BOUW: 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 HOECKE BOUW
Largest movements
- Cash -€39,358
down €39,358 (-77.4%), from €50,852 to €11,494
mainly Investment in fixed assets (net) (-€23,086) and Net result for the year (-€18,389)
- Tangible fixed assets +€19,767
new in 2025: €19,767
- Profit (loss) carried forward -€18,389
down €18,389 (-10.8%), from -€170,807 to -€189,196
- Other debts +€1,618
up €1,618 (+17.2%), from €9,389 to €11,007
- Gross operating margin +€25,750
up €25,750 (+68.7%), from -€37,481 to -€11,731
- Financial income -€5,161
down €5,161 (-78.6%), from €6,565 to €1,404
- Depreciation +€3,319
new in 2025: €3,319
- Other operating charges +€1,190
up €1,190 (+70.6%), from €1,685 to €2,875
- Financial charges -€890
down €890 (-40.2%), from €2,217 to €1,326
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 | €130,025 | €112,339 | -€17,687 | -13.6% |
| Fixed assets | 21/28 | - | €19,767 | +€19,767 | |
| Tangible fixed assets | 22/27 | - | €19,767 | +€19,767 | |
| Furniture and vehicles | 24 | - | €19,767 | +€19,767 | |
| Current assets | 29/58 | €130,025 | €92,572 | -€37,453 | -28.8% |
| Amounts receivable within one year | 40/41 | €78,992 | €80,207 | +€1,215 | +1.5% |
| Trade receivables | 40 | €53,210 | €53,210 | = | 0.0% |
| Other amounts receivable | 41 | €25,783 | €26,997 | +€1,215 | +4.7% |
| Cash at bank and in hand | 54/58 | €50,852 | €11,494 | -€39,358 | -77.4% |
| Deferred charges and accrued income | 490/1 | €181 | €871 | +€690 | +381% |
| Total equity and liabilities | 10/49 | €130,025 | €112,339 | -€17,687 | -13.6% |
| Equity | 10/15 | €117,848 | €99,459 | -€18,389 | -15.6% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Capital | 10 | €115,000 | €115,000 | = | 0.0% |
| Issued capital | 100 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €173,655 | €173,655 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,500 | €11,500 | = | 0.0% |
| Legal reserve | 130 | €11,500 | €11,500 | = | 0.0% |
| Distributable reserves | 133 | €162,155 | €162,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,807 | -€189,196 | -€18,389 | -10.8% |
| Amounts payable | 17/49 | €12,178 | €12,880 | +€702 | +5.8% |
| Amounts payable within one year | 42/48 | €11,371 | €12,880 | +€1,509 | +13.3% |
| Trade debts | 44 | €834 | €762 | -€72 | -8.6% |
| Suppliers | 440/4 | €834 | €762 | -€72 | -8.6% |
| Taxes, remuneration and social security | 45 | €1,147 | €1,110 | -€37 | -3.2% |
| Taxes | 450/3 | €1,147 | €1,110 | -€37 | -3.2% |
| Other amounts payable | 47/48 | €9,389 | €11,007 | +€1,618 | +17.2% |
| Accrued charges and deferred income | 492/3 | €807 | €0 | -€807 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,319 | +€3,319 | |
| Other operating charges | 640/8 | €1,685 | €2,875 | +€1,190 | +70.6% |
| Gross operating margin | 9900 | -€37,481 | -€11,731 | +€25,750 | +68.7% |
| Operating profit (loss) | 9901 | -€39,166 | -€17,925 | +€21,241 | +54.2% |
| Financial income | 75/76B | €6,565 | €1,404 | -€5,161 | -78.6% |
| Recurring financial income | 75 | €6,565 | €1,404 | -€5,161 | -78.6% |
| Financial charges | 65/66B | €2,217 | €1,326 | -€890 | -40.2% |
| Recurring financial charges | 65 | €2,217 | €1,326 | -€890 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,817 | -€17,847 | +€16,971 | +48.7% |
| Income taxes | 67/77 | €568 | €542 | -€26 | -4.6% |
| Profit (loss) for the period | 9904 | -€35,386 | -€18,389 | +€16,997 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,386 | -€18,389 | +€16,997 | +48.0% |
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 28 October 2026 via checked.be.