Van Hoorn Machining: 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 Hoorn Machining
Largest movements
- Receivables within one year +€54,031
up €54,031 (+195%), from €27,658 to €81,689
of which Trade receivables: +€56,173
- Cash +€23,527
up €23,527 (+46.4%), from €50,742 to €74,268
mainly Accrued charges and deferred income (+€53,000) and Net result for the year (+€22,872)
- Accrued charges and deferred income +€53,000
new in 2025: €53,000
- Profit (loss) carried forward +€22,872
up €22,872, from -€3,388 to €19,484
- Trade debts +€4,306
up €4,306 (+19.6%), from €21,982 to €26,288
- Tax, wage and social debts -€2,726
down €2,726 (-7.4%), from €37,050 to €34,324
- Gross operating margin +€3,156
up €3,156 (+15.2%), from €20,828 to €23,984
- Write-downs +€1,478
up €1,478, from -€1,478 to €0
- Other operating charges -€1,296
down €1,296 (-71.4%), from €1,816 to €520
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 | €81,105 | €158,557 | +€77,452 | +95.5% |
| Current assets | 29/58 | €81,105 | €158,557 | +€77,452 | +95.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €27,658 | €81,689 | +€54,031 | +195% |
| Trade receivables | 40 | €25,516 | €81,689 | +€56,173 | +220% |
| Other amounts receivable | 41 | €2,141 | €0 | -€2,141 | -100% |
| Cash at bank and in hand | 54/58 | €50,742 | €74,268 | +€23,527 | +46.4% |
| Deferred charges and accrued income | 490/1 | €2,705 | €2,600 | -€105 | -3.9% |
| Total equity and liabilities | 10/49 | €81,105 | €158,557 | +€77,452 | +95.5% |
| Equity | 10/15 | €22,072 | €44,944 | +€22,872 | +104% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,860 | €6,860 | = | 0.0% |
| Distributable reserves | 133 | €6,860 | €6,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,388 | €19,484 | +€22,872 | |
| Amounts payable | 17/49 | €59,033 | €113,613 | +€54,580 | +92.5% |
| Amounts payable within one year | 42/48 | €59,033 | €60,613 | +€1,580 | +2.7% |
| Trade debts | 44 | €21,982 | €26,288 | +€4,306 | +19.6% |
| Suppliers | 440/4 | €21,982 | €26,288 | +€4,306 | +19.6% |
| Taxes, remuneration and social security | 45 | €37,050 | €34,324 | -€2,726 | -7.4% |
| Taxes | 450/3 | €37,050 | €34,324 | -€2,726 | -7.4% |
| Accrued charges and deferred income | 492/3 | - | €53,000 | +€53,000 | |
| Remuneration, social security and pensions | 62 | €497 | €401 | -€96 | -19.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,478 | €0 | +€1,478 | |
| Other operating charges | 640/8 | €1,816 | €520 | -€1,296 | -71.4% |
| Non-recurring operating charges | 66A | €716 | €0 | -€716 | -100% |
| Gross operating margin | 9900 | €20,828 | €23,984 | +€3,156 | +15.2% |
| Operating profit (loss) | 9901 | €19,278 | €23,063 | +€3,785 | +19.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -96.2% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -96.2% |
| Financial charges | 65/66B | €313 | €191 | -€122 | -38.9% |
| Recurring financial charges | 65 | €313 | €191 | -€122 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €18,966 | €22,872 | +€3,907 | +20.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €18,966 | €22,872 | +€3,907 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,966 | €22,872 | +€3,907 | +20.6% |
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 23 October 2026 via checked.be.