Van Hoey Wim: 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 Hoey Wim
Largest movements
- Tangible fixed assets -€10,370
down €10,370 (-29.5%), from €35,106 to €24,737
of which Furniture and vehicles: -€7,559
- Cash +€7,603
up €7,603 (+53.0%), from €14,354 to €21,957
mainly Net result for the year (+€15,066) and Trade debts (+€11,634)
- Stocks and contracts +€4,400
up €4,400 (+18.2%), from €24,200 to €28,600
of which Stocks: +€2,350
- Deferred charges and accrued income -€2,293
down €2,293 (-37.7%), from €6,080 to €3,787
- Receivables within one year -€1,474
down €1,474 (-6.3%), from €23,431 to €21,957
of which Other amounts receivable: -€4,902
- Trade debts +€11,634
up €11,634 (+173%), from €6,737 to €18,371
- Debts after one year -€5,828
down €5,828 (-74.5%), from €7,827 to €1,999
- Reserves -€4,734
down €4,734 (-6.2%), from €76,877 to €72,143
- Current portion of long-term debt -€3,541
down €3,541 (-37.8%), from €9,369 to €5,828
- Gross operating margin +€7,677
up €7,677 (+30.3%), from €25,315 to €32,992
- Taxes +€4,043
up €4,043 (+215%), from €1,880 to €5,923
- Write-downs -€1,350
no longer reported in 2026 (was €1,350)
- Depreciation -€1,330
down €1,330 (-11.1%), from €12,035 to €10,705
- Other operating charges +€394
up €394 (+73.5%), from €536 to €931
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,660 | €103,191 | -€2,469 | -2.3% |
| Fixed assets | 21/28 | €37,595 | €26,890 | -€10,705 | -28.5% |
| Intangible fixed assets | 21 | €2,488 | €2,154 | -€335 | -13.5% |
| Tangible fixed assets | 22/27 | €35,106 | €24,737 | -€10,370 | -29.5% |
| Plant, machinery and equipment | 23 | €2,703 | €2,041 | -€661 | -24.5% |
| Furniture and vehicles | 24 | €19,510 | €11,951 | -€7,559 | -38.7% |
| Other tangible fixed assets | 26 | €12,894 | €10,744 | -€2,150 | -16.7% |
| Current assets | 29/58 | €68,065 | €76,301 | +€8,236 | +12.1% |
| Stocks and contracts in progress | 3 | €24,200 | €28,600 | +€4,400 | +18.2% |
| Stocks | 30/36 | €12,500 | €14,850 | +€2,350 | +18.8% |
| Contracts in progress | 37 | €11,700 | €13,750 | +€2,050 | +17.5% |
| Amounts receivable within one year | 40/41 | €23,431 | €21,957 | -€1,474 | -6.3% |
| Trade receivables | 40 | €7,292 | €10,720 | +€3,428 | +47.0% |
| Other amounts receivable | 41 | €16,139 | €11,236 | -€4,902 | -30.4% |
| Cash at bank and in hand | 54/58 | €14,354 | €21,957 | +€7,603 | +53.0% |
| Deferred charges and accrued income | 490/1 | €6,080 | €3,787 | -€2,293 | -37.7% |
| Total equity and liabilities | 10/49 | €105,660 | €103,191 | -€2,469 | -2.3% |
| Equity | 10/15 | €78,877 | €74,143 | -€4,734 | -6.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €76,877 | €72,143 | -€4,734 | -6.2% |
| Distributable reserves | 133 | €76,877 | €72,143 | -€4,734 | -6.2% |
| Amounts payable | 17/49 | €26,783 | €29,048 | +€2,265 | +8.5% |
| Amounts payable after more than one year | 17 | €7,827 | €1,999 | -€5,828 | -74.5% |
| Financial debts | 170/4 | €7,827 | €1,999 | -€5,828 | -74.5% |
| Amounts payable within one year | 42/48 | €18,956 | €27,049 | +€8,093 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €9,369 | €5,828 | -€3,541 | -37.8% |
| Trade debts | 44 | €6,737 | €18,371 | +€11,634 | +173% |
| Suppliers | 440/4 | €6,737 | €18,371 | +€11,634 | +173% |
| Taxes, remuneration and social security | 45 | €2,850 | €2,850 | = | 0.0% |
| Taxes | 450/3 | €2,850 | €2,850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,035 | €10,705 | -€1,330 | -11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,350 | - | -€1,350 | |
| Other operating charges | 640/8 | €536 | €931 | +€394 | +73.5% |
| Non-recurring operating charges | 66A | €5,287 | - | -€5,287 | |
| Gross operating margin | 9900 | €25,315 | €32,992 | +€7,677 | +30.3% |
| Operating profit (loss) | 9901 | €6,106 | €21,357 | +€15,250 | +250% |
| Financial income | 75/76B | €1,284 | €1,318 | +€34 | +2.6% |
| Recurring financial income | 75 | €1,284 | €1,318 | +€34 | +2.6% |
| Financial charges | 65/66B | €1,594 | €1,686 | +€92 | +5.8% |
| Recurring financial charges | 65 | €1,594 | €1,686 | +€92 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €5,797 | €20,989 | +€15,192 | +262% |
| Income taxes | 67/77 | €1,880 | €5,923 | +€4,043 | +215% |
| Profit (loss) for the period | 9904 | €3,917 | €15,066 | +€11,149 | +285% |
| Profit (loss) for the period to be appropriated | 9905 | €3,917 | €15,066 | +€11,149 | +285% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.