Van Hoecke Construct Wetteren: what changed
Van Hoecke Construct Wetteren
Largest movements
- Cash -€21,743
down €21,743 (-54.9%), from €39,570 to €17,827
mainly Receivables within one year (-€10,998) and Tax, wage and social debts (-€8,731)
- Receivables within one year +€10,998
up €10,998 (+72.2%), from €15,227 to €26,225
of which Other amounts receivable: +€8,587
- Tangible fixed assets +€5,723
up €5,723 (+589%), from €972 to €6,695
- Deferred charges and accrued income +€2,304
new in 2025: €2,304
- Tax, wage and social debts -€8,731
down €8,731 (-51.0%), from €17,126 to €8,395
of which Remuneration and social security: -€5,944
- Reserves +€5,000
up €5,000 (+16.7%), from €30,000 to €35,000
- Trade debts +€2,012
up €2,012 (+51.6%), from €3,897 to €5,909
- Profit (loss) carried forward -€999
down €999 (-80.2%), from €1,246 to €247
- Gross operating margin -€31,876
down €31,876 (-79.4%), from €40,147 to €8,271
- Taxes -€7,860
down €7,860 (-96.0%), from €8,183 to €324
- Other operating charges +€1,460
new in 2025: €1,460
- Depreciation +€1,037
up €1,037 (+176%), from €590 to €1,628
- Financial charges +€926
up €926 (+726%), from €128 to €1,054
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 | €55,768 | €53,050 | -€2,718 | -4.9% |
| Fixed assets | 21/28 | €972 | €6,695 | +€5,723 | +589% |
| Tangible fixed assets | 22/27 | €972 | €6,695 | +€5,723 | +589% |
| Furniture and vehicles | 24 | €972 | €6,695 | +€5,723 | +589% |
| Current assets | 29/58 | €54,797 | €46,356 | -€8,441 | -15.4% |
| Amounts receivable within one year | 40/41 | €15,227 | €26,225 | +€10,998 | +72.2% |
| Trade receivables | 40 | €15,000 | €17,411 | +€2,411 | +16.1% |
| Other amounts receivable | 41 | €227 | €8,814 | +€8,587 | +3,781% |
| Cash at bank and in hand | 54/58 | €39,570 | €17,827 | -€21,743 | -54.9% |
| Deferred charges and accrued income | 490/1 | - | €2,304 | +€2,304 | |
| Total equity and liabilities | 10/49 | €55,768 | €53,050 | -€2,718 | -4.9% |
| Equity | 10/15 | €34,746 | €38,747 | +€4,001 | +11.5% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €30,000 | €35,000 | +€5,000 | +16.7% |
| Distributable reserves | 133 | €30,000 | €35,000 | +€5,000 | +16.7% |
| Profit (loss) carried forward | 14 | €1,246 | €247 | -€999 | -80.2% |
| Amounts payable | 17/49 | €21,023 | €14,304 | -€6,719 | -32.0% |
| Amounts payable within one year | 42/48 | €21,023 | €14,304 | -€6,719 | -32.0% |
| Trade debts | 44 | €3,897 | €5,909 | +€2,012 | +51.6% |
| Suppliers | 440/4 | €3,897 | €5,909 | +€2,012 | +51.6% |
| Taxes, remuneration and social security | 45 | €17,126 | €8,395 | -€8,731 | -51.0% |
| Taxes | 450/3 | €8,183 | €5,396 | -€2,787 | -34.1% |
| Remuneration and social security | 454/9 | €8,942 | €2,999 | -€5,944 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €590 | €1,628 | +€1,037 | +176% |
| Other operating charges | 640/8 | - | €1,460 | +€1,460 | |
| Gross operating margin | 9900 | €40,147 | €8,271 | -€31,876 | -79.4% |
| Operating profit (loss) | 9901 | €39,557 | €5,183 | -€34,374 | -86.9% |
| Financial income | 75/76B | - | €196 | +€196 | |
| Recurring financial income | 75 | - | €196 | +€196 | |
| Financial charges | 65/66B | €128 | €1,054 | +€926 | +726% |
| Recurring financial charges | 65 | €128 | €1,054 | +€926 | +726% |
| Profit (loss) for the period before taxes | 9903 | €39,429 | €4,324 | -€35,104 | -89.0% |
| Income taxes | 67/77 | €8,183 | €324 | -€7,860 | -96.0% |
| Profit (loss) for the period | 9904 | €31,246 | €4,001 | -€27,245 | -87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,246 | €4,001 | -€27,245 | -87.2% |
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 2 November 2026 via checked.be.