VAN HOLSBEECK: what changed
Two fiscal 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 HOLSBEECK
Largest movements
- Current investments -€1.7m
down €1.7m (-100.0%), from €1.7m to €0
- Financial fixed assets +€657,133
up €657,133 (+2.2%), from €30.1m to €30.8m
- Reserves +€3.1m
up €3.1m (+14.5%), from €21.2m to €24.3m
of which Distributable reserves: +€3.1m
- Other debts -€3.1m
down €3.1m (-56.9%), from €5.4m to €2.3m
- Debts after one year -€800,000
down €800,000 (-33.3%), from €2.4m to €1.6m
- Financial income +€720,520
up €720,520 (+26.9%), from €2.7m to €3.4m
of which Financial income: +€559,238
- Financial charges -€136,398
down €136,398 (-40.8%), from €334,664 to €198,266
of which Non-recurring financial charges: -€131,565
- Other operating charges +€60,046
up €60,046 (+4756.0%), from €1,263 to €61,308
- Taxes -€58,135
down €58,135 (-100.0%), from €58,135 to €0
- Gross operating margin -€25,392
down €25,392 (-94.4%), from -€26,890 to -€52,282
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,049,952 | €32,286,579 | -€763,373 | -2.3% |
| Fixed assets | 21/28 | €30,099,802 | €30,756,903 | +€657,100 | +2.2% |
| Tangible fixed assets | 22/27 | €2,832 | €2,799 | -€33 | -1.2% |
| Land and buildings | 22 | €2,832 | €2,799 | -€33 | -1.2% |
| Financial fixed assets | 28 | €30,096,970 | €30,754,103 | +€657,133 | +2.2% |
| Current assets | 29/58 | €2,950,150 | €1,529,677 | -€1.4m | -48.1% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €699,447 | €871,821 | +€172,374 | +24.6% |
| Other amounts receivable | 41 | €699,447 | €871,821 | +€172,374 | +24.6% |
| Current investments | 50/53 | €1,700,000 | €0 | -€1.7m | -100.0% |
| Cash at bank and in hand | 54/58 | €349,795 | €452,697 | +€102,902 | +29.4% |
| Deferred charges and accrued income | 490/1 | €907 | €5,158 | +€4,251 | +468.4% |
| Total equity and liabilities | 10/49 | €33,049,952 | €32,286,579 | -€763,373 | -2.3% |
| Equity | 10/15 | €24,461,527 | €27,548,821 | +€3.1m | +12.6% |
| Contributions | 10/11 | €3,223,000 | €3,223,000 | = | 0.0% |
| Capital | 10 | €3,223,000 | €3,223,000 | = | 0.0% |
| Issued capital | 100 | €3,223,000 | €3,223,000 | = | 0.0% |
| Reserves | 13 | €21,238,527 | €24,325,821 | +€3.1m | +14.5% |
| Non-distributable reserves | 130/1 | €322,300 | €322,300 | = | 0.0% |
| Legal reserve | 130 | €322,300 | €322,300 | = | 0.0% |
| Distributable reserves | 133 | €20,916,227 | €24,003,521 | +€3.1m | +14.8% |
| Amounts payable | 17/49 | €8,588,425 | €4,737,758 | -€3.9m | -44.8% |
| Amounts payable after more than one year | 17 | €2,400,000 | €1,600,000 | -€800,000 | -33.3% |
| Financial debts | 170/4 | €2,400,000 | €1,600,000 | -€800,000 | -33.3% |
| Amounts payable within one year | 42/48 | €6,171,268 | €3,116,762 | -€3.1m | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €800,000 | €800,000 | = | 0.0% |
| Trade debts | 44 | €0 | €300 | +€300 | |
| Suppliers | 440/4 | €0 | €300 | +€300 | |
| Other amounts payable | 47/48 | €5,371,268 | €2,316,461 | -€3.1m | -56.9% |
| Accrued charges and deferred income | 492/3 | €17,158 | €20,996 | +€3,838 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155 | €33 | -€122 | -78.6% |
| Other operating charges | 640/8 | €1,263 | €61,308 | +€60,046 | +4756.0% |
| Gross operating margin | 9900 | -€26,890 | -€52,282 | -€25,392 | -94.4% |
| Operating profit (loss) | 9901 | -€28,307 | -€113,624 | -€85,316 | -301.4% |
| Financial income | 75/76B | €2,678,664 | €3,399,185 | +€720,520 | +26.9% |
| Recurring financial income | 75 | €2,399,879 | €2,959,117 | +€559,238 | +23.3% |
| Non-recurring financial income | 76B | €278,785 | €440,067 | +€161,282 | +57.9% |
| Financial charges | 65/66B | €334,664 | €198,266 | -€136,398 | -40.8% |
| Recurring financial charges | 65 | €91,093 | €86,260 | -€4,833 | -5.3% |
| Non-recurring financial charges | 66B | €243,571 | €112,006 | -€131,565 | -54.0% |
| Profit (loss) for the period before taxes | 9903 | €2,315,693 | €3,087,294 | +€771,602 | +33.3% |
| Income taxes | 67/77 | €58,135 | €0 | -€58,135 | -100.0% |
| Profit (loss) for the period | 9904 | €2,257,558 | €3,087,294 | +€829,737 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,257,558 | €3,087,294 | +€829,737 | +36.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.