Van Hongo: 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 Hongo
Largest movements
- Receivables within one year -€21,857
down €21,857 (-99.9%), from €21,880 to €23
of which Trade receivables: -€21,299
- Stocks and contracts +€5,999
up €5,999 (+32.7%), from €18,334 to €24,333
- Cash +€1,583
up €1,583 (+7.8%), from €20,304 to €21,887
mainly Receivables within one year (+€21,857) and Trade debts (+€4,014)
- Other debts -€9,932
down €9,932 (-6.8%), from €145,528 to €135,596
- Profit (loss) carried forward -€5,361
down €5,361 (-5.8%), from -€92,266 to -€97,628
- Trade debts +€4,014
up €4,014 (+114.4%), from €3,508 to €7,522
- Short-term financial debts -€3,248
no longer reported in 2025 (was €3,248)
- Financial charges -€1,540
down €1,540 (-60.2%), from €2,556 to €1,017
- Financial income -€340
no longer reported in 2025 (was €340)
- Gross operating margin -€126
down €126 (-3.7%), from -€3,433 to -€3,559
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.
Cash bridge derived
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 | €60,518 | €46,242 | -€14,276 | -23.6% |
| Current assets | 29/58 | €60,518 | €46,242 | -€14,276 | -23.6% |
| Stocks and contracts in progress | 3 | €18,334 | €24,333 | +€5,999 | +32.7% |
| Stocks | 30/36 | €18,334 | €24,333 | +€5,999 | +32.7% |
| Amounts receivable within one year | 40/41 | €21,880 | €23 | -€21,857 | -99.9% |
| Trade receivables | 40 | €21,299 | - | -€21,299 | |
| Other amounts receivable | 41 | €581 | €23 | -€559 | -96.1% |
| Cash at bank and in hand | 54/58 | €20,304 | €21,887 | +€1,583 | +7.8% |
| Total equity and liabilities | 10/49 | €60,518 | €46,242 | -€14,276 | -23.6% |
| Equity | 10/15 | -€91,766 | -€97,128 | -€5,361 | -5.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,266 | -€97,628 | -€5,361 | -5.8% |
| Amounts payable | 17/49 | €152,284 | €143,369 | -€8,915 | -5.9% |
| Amounts payable within one year | 42/48 | €152,284 | €143,369 | -€8,915 | -5.9% |
| Financial debts | 43 | €3,248 | - | -€3,248 | |
| Credit institutions | 430/8 | €3,248 | - | -€3,248 | |
| Trade debts | 44 | €3,508 | €7,522 | +€4,014 | +114.4% |
| Suppliers | 440/4 | €3,508 | €7,522 | +€4,014 | +114.4% |
| Taxes, remuneration and social security | 45 | - | €251 | +€251 | |
| Taxes | 450/3 | - | €251 | +€251 | |
| Other amounts payable | 47/48 | €145,528 | €135,596 | -€9,932 | -6.8% |
| Remuneration, social security and pensions | 62 | - | €7 | +€7 | |
| Other operating charges | 640/8 | €749 | €778 | +€30 | +4.0% |
| Gross operating margin | 9900 | -€3,433 | -€3,559 | -€126 | -3.7% |
| Operating profit (loss) | 9901 | -€4,182 | -€4,345 | -€163 | -3.9% |
| Financial income | 75/76B | €340 | - | -€340 | |
| Recurring financial income | 75 | €340 | - | -€340 | |
| Financial charges | 65/66B | €2,556 | €1,017 | -€1,540 | -60.2% |
| Recurring financial charges | 65 | €2,556 | €1,017 | -€1,540 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,398 | -€5,361 | +€1,037 | +16.2% |
| Profit (loss) for the period | 9904 | -€6,398 | -€5,361 | +€1,037 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,398 | -€5,361 | +€1,037 | +16.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.