VAN HOUTS VASTGOED: what changed
VAN HOUTS VASTGOED
Largest movements
- Current investments +€303,599
up €303,599 (+100%), from €302,657 to €606,256
- Tangible fixed assets +€87,169
up €87,169 (+21.6%), from €403,243 to €490,411
of which Land and buildings: +€101,313
- Cash +€56,086
up €56,086 (+24.0%), from €233,433 to €289,519
mainly Net result for the year (+€401,882) and Depreciation (+€64,241)
- Receivables within one year -€34,642
down €34,642 (-26.4%), from €131,154 to €96,512
of which Trade receivables: -€53,313
- Reserves +€401,882
up €401,882 (+59.4%), from €676,489 to €1.1m
- Trade debts +€54,423
up €54,423 (+272%), from €19,998 to €74,422
- Tax, wage and social debts -€30,345
down €30,345 (-50.1%), from €60,543 to €30,199
of which Taxes: -€30,968
- Debts after one year -€27,112
down €27,112 (-19.5%), from €138,801 to €111,689
- Gross operating margin +€193,697
up €193,697 (+37.5%), from €515,918 to €709,616
- Taxes +€49,357
up €49,357 (+36.4%), from €135,437 to €184,794
- Staff costs +€21,517
up €21,517 (+116%), from €18,601 to €40,117
- Other operating charges +€9,573
up €9,573 (+345%), from €2,772 to €12,345
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 | €1,089,487 | €1,489,698 | +€400,211 | +36.7% |
| Fixed assets | 21/28 | €422,243 | €497,411 | +€75,169 | +17.8% |
| Intangible fixed assets | 21 | €19,000 | €7,000 | -€12,000 | -63.2% |
| Tangible fixed assets | 22/27 | €403,243 | €490,411 | +€87,169 | +21.6% |
| Land and buildings | 22 | €312,855 | €414,168 | +€101,313 | +32.4% |
| Plant, machinery and equipment | 23 | €11,797 | €7,239 | -€4,558 | -38.6% |
| Furniture and vehicles | 24 | €78,591 | €69,005 | -€9,586 | -12.2% |
| Current assets | 29/58 | €667,244 | €992,286 | +€325,042 | +48.7% |
| Amounts receivable within one year | 40/41 | €131,154 | €96,512 | -€34,642 | -26.4% |
| Trade receivables | 40 | €72,645 | €19,332 | -€53,313 | -73.4% |
| Other amounts receivable | 41 | €58,509 | €77,181 | +€18,671 | +31.9% |
| Current investments | 50/53 | €302,657 | €606,256 | +€303,599 | +100% |
| Cash at bank and in hand | 54/58 | €233,433 | €289,519 | +€56,086 | +24.0% |
| Total equity and liabilities | 10/49 | €1,089,487 | €1,489,698 | +€400,211 | +36.7% |
| Equity | 10/15 | €756,489 | €1,158,372 | +€401,882 | +53.1% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €676,489 | €1,078,372 | +€401,882 | +59.4% |
| Distributable reserves | 133 | €676,489 | €1,078,372 | +€401,882 | +59.4% |
| Amounts payable | 17/49 | €332,997 | €331,326 | -€1,671 | -0.5% |
| Amounts payable after more than one year | 17 | €138,801 | €111,689 | -€27,112 | -19.5% |
| Financial debts | 170/4 | €138,801 | €111,689 | -€27,112 | -19.5% |
| Amounts payable within one year | 42/48 | €194,196 | €219,637 | +€25,441 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €106,821 | €107,112 | +€291 | +0.3% |
| Trade debts | 44 | €19,998 | €74,422 | +€54,423 | +272% |
| Suppliers | 440/4 | €19,998 | €74,422 | +€54,423 | +272% |
| Taxes, remuneration and social security | 45 | €60,543 | €30,199 | -€30,345 | -50.1% |
| Taxes | 450/3 | €55,919 | €24,951 | -€30,968 | -55.4% |
| Remuneration and social security | 454/9 | €4,625 | €5,248 | +€623 | +13.5% |
| Other amounts payable | 47/48 | €6,833 | €7,904 | +€1,071 | +15.7% |
| Remuneration, social security and pensions | 62 | €18,601 | €40,117 | +€21,517 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,837 | €64,241 | +€4,404 | +7.4% |
| Other operating charges | 640/8 | €2,772 | €12,345 | +€9,573 | +345% |
| Gross operating margin | 9900 | €515,918 | €709,616 | +€193,697 | +37.5% |
| Operating profit (loss) | 9901 | €434,708 | €592,912 | +€158,204 | +36.4% |
| Financial income | 75/76B | €3,796 | €5,141 | +€1,345 | +35.4% |
| Recurring financial income | 75 | €3,796 | €5,141 | +€1,345 | +35.4% |
| Financial charges | 65/66B | €8,577 | €11,376 | +€2,799 | +32.6% |
| Recurring financial charges | 65 | €8,577 | €11,376 | +€2,799 | +32.6% |
| Profit (loss) for the period before taxes | 9903 | €429,927 | €586,677 | +€156,750 | +36.5% |
| Income taxes | 67/77 | €135,437 | €184,794 | +€49,357 | +36.4% |
| Profit (loss) for the period | 9904 | €294,489 | €401,882 | +€107,393 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €294,489 | €401,882 | +€107,393 | +36.5% |
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.