VAN HOUTTE MATTHEW: 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 HOUTTE MATTHEW
Largest movements
- Tangible fixed assets +€21,676
up €21,676 (+6.0%), from €362,491 to €384,166
of which Leasing and similar rights: +€35,387
- Receivables within one year -€13,170
down €13,170 (-56.3%), from €23,384 to €10,214
of which Trade receivables: -€17,124
- Cash -€6,099
down €6,099 (-25.4%), from €24,004 to €17,905
mainly Investment in fixed assets (net) (-€44,092) and Contributions, distributions and other (-€23,744)
- Other debts +€22,623
up €22,623 (+34.4%), from €65,729 to €88,353
- Reserves -€20,638
down €20,638 (-23.7%), from €87,154 to €66,516
of which Distributable reserves: -€20,638
- Current portion of long-term debt +€9,089
up €9,089 (+39.4%), from €23,047 to €32,135
- Accrued charges and deferred income -€6,505
down €6,505 (-65.7%), from €9,908 to €3,403
- Gross operating margin -€11,336
down €11,336 (-22.4%), from €50,711 to €39,375
- Taxes -€6,264
down €6,264 (-86.3%), from €7,255 to €991
- Depreciation +€3,538
up €3,538 (+18.7%), from €18,878 to €22,416
- Financial charges +€765
up €765 (+9.4%), from €8,113 to €8,878
- Other operating charges +€734
up €734 (+22.2%), from €3,302 to €4,035
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 | €423,553 | €430,983 | +€7,430 | +1.8% |
| Fixed assets | 21/28 | €362,491 | €384,166 | +€21,676 | +6.0% |
| Tangible fixed assets | 22/27 | €362,491 | €384,166 | +€21,676 | +6.0% |
| Land and buildings | 22 | €357,585 | €340,761 | -€16,825 | -4.7% |
| Plant, machinery and equipment | 23 | €4,905 | €3,886 | -€1,019 | -20.8% |
| Furniture and vehicles | 24 | - | €4,133 | +€4,133 | |
| Leasing and similar rights | 25 | - | €35,387 | +€35,387 | |
| Current assets | 29/58 | €61,063 | €46,817 | -€14,246 | -23.3% |
| Stocks and contracts in progress | 3 | €13,675 | €17,229 | +€3,555 | +26.0% |
| Stocks | 30/36 | €13,675 | €17,229 | +€3,555 | +26.0% |
| Amounts receivable within one year | 40/41 | €23,384 | €10,214 | -€13,170 | -56.3% |
| Trade receivables | 40 | €23,134 | €6,010 | -€17,124 | -74.0% |
| Other amounts receivable | 41 | €250 | €4,204 | +€3,953 | +1,580% |
| Cash at bank and in hand | 54/58 | €24,004 | €17,905 | -€6,099 | -25.4% |
| Deferred charges and accrued income | 490/1 | €0 | €1,469 | +€1,469 | |
| Total equity and liabilities | 10/49 | €423,553 | €430,983 | +€7,430 | +1.8% |
| Equity | 10/15 | €105,754 | €85,116 | -€20,638 | -19.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,154 | €66,516 | -€20,638 | -23.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €68,404 | €47,766 | -€20,638 | -30.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €317,800 | €345,867 | +€28,068 | +8.8% |
| Amounts payable after more than one year | 17 | €207,697 | €210,187 | +€2,489 | +1.2% |
| Financial debts | 170/4 | €207,697 | €210,187 | +€2,489 | +1.2% |
| Amounts payable within one year | 42/48 | €100,194 | €132,278 | +€32,083 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €23,047 | €32,135 | +€9,089 | +39.4% |
| Trade debts | 44 | €1,367 | €5,065 | +€3,698 | +271% |
| Suppliers | 440/4 | €1,367 | €5,065 | +€3,698 | +271% |
| Taxes, remuneration and social security | 45 | €10,052 | €6,725 | -€3,327 | -33.1% |
| Taxes | 450/3 | €8,514 | €5,170 | -€3,344 | -39.3% |
| Remuneration and social security | 454/9 | €1,538 | €1,555 | +€17 | +1.1% |
| Other amounts payable | 47/48 | €65,729 | €88,353 | +€22,623 | +34.4% |
| Accrued charges and deferred income | 492/3 | €9,908 | €3,403 | -€6,505 | -65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,878 | €22,416 | +€3,538 | +18.7% |
| Other operating charges | 640/8 | €3,302 | €4,035 | +€734 | +22.2% |
| Gross operating margin | 9900 | €50,711 | €39,375 | -€11,336 | -22.4% |
| Operating profit (loss) | 9901 | €28,531 | €12,923 | -€15,608 | -54.7% |
| Financial income | 75/76B | €0 | €52 | +€51 | +17,127% |
| Recurring financial income | 75 | €0 | €52 | +€51 | +17,127% |
| Financial charges | 65/66B | €8,113 | €8,878 | +€765 | +9.4% |
| Recurring financial charges | 65 | €8,113 | €8,878 | +€765 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €20,418 | €4,097 | -€16,322 | -79.9% |
| Income taxes | 67/77 | €7,255 | €991 | -€6,264 | -86.3% |
| Profit (loss) for the period | 9904 | €13,163 | €3,106 | -€10,058 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,163 | €3,106 | -€10,058 | -76.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.