Van Houtven: 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 Houtven
Largest movements
- Cash -€113,001
down €113,001 (-21.3%), from €531,496 to €418,495
mainly Debts after one year (-€72,000) and Net result for the year (-€33,296)
- Tangible fixed assets +€16,533
up €16,533 (+517%), from €3,199 to €19,732
of which Furniture and vehicles: +€17,337
- Receivables within one year -€9,454
down €9,454 (-22.3%), from €42,445 to €32,991
of which Trade receivables: -€9,152
- Debts after one year -€72,000
down €72,000 (-98.6%), from €73,000 to €1,000
- Profit (loss) carried forward -€31,437
new in 2025: -€31,437
- Gross operating margin -€503,050
down €503,050, from €473,484 to -€29,566
- Taxes -€127,863
down €127,863 (-99.8%), from €128,130 to €267
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 | €580,036 | €474,203 | -€105,834 | -18.2% |
| Fixed assets | 21/28 | €3,199 | €19,732 | +€16,533 | +517% |
| Tangible fixed assets | 22/27 | €3,199 | €19,732 | +€16,533 | +517% |
| Plant, machinery and equipment | 23 | €1,286 | €992 | -€294 | -22.9% |
| Furniture and vehicles | 24 | - | €17,337 | +€17,337 | |
| Other tangible fixed assets | 26 | €1,913 | €1,403 | -€510 | -26.7% |
| Current assets | 29/58 | €576,838 | €454,471 | -€122,367 | -21.2% |
| Amounts receivable within one year | 40/41 | €42,445 | €32,991 | -€9,454 | -22.3% |
| Trade receivables | 40 | €15,266 | €6,114 | -€9,152 | -59.9% |
| Other amounts receivable | 41 | €27,179 | €26,877 | -€302 | -1.1% |
| Cash at bank and in hand | 54/58 | €531,496 | €418,495 | -€113,001 | -21.3% |
| Deferred charges and accrued income | 490/1 | €2,897 | €2,984 | +€87 | +3.0% |
| Total equity and liabilities | 10/49 | €580,036 | €474,203 | -€105,834 | -18.2% |
| Equity | 10/15 | €477,984 | €444,688 | -€33,296 | -7.0% |
| Contributions | 10/11 | €143,592 | €143,592 | = | 0.0% |
| Reserves | 13 | €334,392 | €332,533 | -€1,859 | -0.6% |
| Distributable reserves | 133 | €334,392 | €332,533 | -€1,859 | -0.6% |
| Profit (loss) carried forward | 14 | - | -€31,437 | -€31,437 | |
| Amounts payable | 17/49 | €102,052 | €29,514 | -€72,538 | -71.1% |
| Amounts payable after more than one year | 17 | €73,000 | €1,000 | -€72,000 | -98.6% |
| Financial debts | 170/4 | €73,000 | €1,000 | -€72,000 | -98.6% |
| Amounts payable within one year | 42/48 | €29,052 | €28,514 | -€538 | -1.9% |
| Taxes, remuneration and social security | 45 | €27,259 | €27,227 | -€33 | -0.1% |
| Taxes | 450/3 | €27,259 | €27,227 | -€33 | -0.1% |
| Other amounts payable | 47/48 | €1,793 | €1,288 | -€505 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,252 | €964 | -€288 | -23.0% |
| Other operating charges | 640/8 | €1,973 | €879 | -€1,095 | -55.5% |
| Gross operating margin | 9900 | €473,484 | -€29,566 | -€503,050 | |
| Operating profit (loss) | 9901 | €470,259 | -€31,409 | -€501,668 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,671 | €1,620 | -€4,051 | -71.4% |
| Recurring financial charges | 65 | €5,671 | €1,620 | -€4,051 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €464,588 | -€33,029 | -€497,617 | |
| Income taxes | 67/77 | €128,130 | €267 | -€127,863 | -99.8% |
| Profit (loss) for the period | 9904 | €336,458 | -€33,296 | -€369,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €336,458 | -€33,296 | -€369,754 |
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 17 October 2026 via checked.be.