Van Hove Concept: 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.
What changed
Van Hove Concept
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€29,213
2024 · €28,981+€232
Equity
€320,297
2024 · €291,084+€29,213
Cash
€45,535
2024 · €14,764+€30,771
Balance sheet total
€404,034
2024 · €381,237+€22,797
Largest movements
Assets
- Cash +€30,771
up €30,771 (+208%), from €14,764 to €45,535
mainly Net result for the year (+€29,213) and Depreciation (+€7,428)
- Tangible fixed assets -€7,428
down €7,428 (-25.7%), from €28,880 to €21,453
Equity and liabilities
- Reserves +€29,213
up €29,213 (+11.4%), from €256,084 to €285,297
- Debts after one year -€6,734
down €6,734 (-32.8%), from €20,501 to €13,767
Income statement
- Financial charges -€569
down €569 (-11.5%), from €4,927 to €4,359
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.
Result 2024
€28,981
Gross operating margin
+€102
Other operating charges
+€4
Financial income
-€3
Financial charges
+€569
Taxes
-€440
Result 2025
€29,213
raises the resultlowers the result
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.
From operations
+€34,382
Investment
€0
Financing
-€3,611
Cash 2024
€14,764
From operations (derived)
+€34,382
Net result for the year
+€29,213
Depreciation
+€7,428
Receivables within one year
-€684
Deferred charges and accrued income
+€1,231
Trade debts
-€2,188
Tax, wage and social debts
-€834
Accrued charges and deferred income
+€217
Financing
-€3,611
Debts after one year
-€6,734
Current portion of long-term debt
+€291
Short-term financial debts
+€2,832
Cash 2025
€45,535
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €381,237 | €404,034 | +€22,797 | +6.0% |
| Fixed assets | 21/28 | €298,880 | €291,453 | -€7,428 | -2.5% |
| Tangible fixed assets | 22/27 | €28,880 | €21,453 | -€7,428 | -25.7% |
| Furniture and vehicles | 24 | €28,880 | €21,453 | -€7,428 | -25.7% |
| Financial fixed assets | 28 | €270,000 | €270,000 | = | 0.0% |
| Current assets | 29/58 | €82,356 | €112,581 | +€30,225 | +36.7% |
| Amounts receivable within one year | 40/41 | €66,114 | €66,798 | +€684 | +1.0% |
| Trade receivables | 40 | €66,114 | €64,945 | -€1,169 | -1.8% |
| Other amounts receivable | 41 | - | €1,853 | +€1,853 | |
| Cash at bank and in hand | 54/58 | €14,764 | €45,535 | +€30,771 | +208% |
| Deferred charges and accrued income | 490/1 | €1,479 | €249 | -€1,231 | -83.2% |
| Total equity and liabilities | 10/49 | €381,237 | €404,034 | +€22,797 | +6.0% |
| Equity | 10/15 | €291,084 | €320,297 | +€29,213 | +10.0% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €256,084 | €285,297 | +€29,213 | +11.4% |
| Distributable reserves | 133 | €256,084 | €285,297 | +€29,213 | +11.4% |
| Amounts payable | 17/49 | €90,153 | €83,737 | -€6,416 | -7.1% |
| Amounts payable after more than one year | 17 | €20,501 | €13,767 | -€6,734 | -32.8% |
| Financial debts | 170/4 | €20,501 | €13,767 | -€6,734 | -32.8% |
| Amounts payable within one year | 42/48 | €68,641 | €68,741 | +€101 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €6,443 | €6,734 | +€291 | +4.5% |
| Financial debts | 43 | €3,208 | €6,040 | +€2,832 | +88.3% |
| Credit institutions | 430/8 | €3,208 | €6,040 | +€2,832 | +88.3% |
| Trade debts | 44 | €4,942 | €2,754 | -€2,188 | -44.3% |
| Suppliers | 440/4 | €4,942 | €2,754 | -€2,188 | -44.3% |
| Taxes, remuneration and social security | 45 | €14,048 | €13,214 | -€834 | -5.9% |
| Taxes | 450/3 | €12,548 | €13,214 | +€666 | +5.3% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,012 | €1,229 | +€217 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,428 | €7,428 | = | 0.0% |
| Other operating charges | 640/8 | €724 | €720 | -€4 | -0.6% |
| Gross operating margin | 9900 | €56,452 | €56,554 | +€102 | +0.2% |
| Operating profit (loss) | 9901 | €48,301 | €48,407 | +€107 | +0.2% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €4,927 | €4,359 | -€569 | -11.5% |
| Recurring financial charges | 65 | €4,927 | €4,359 | -€569 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €43,376 | €44,048 | +€672 | +1.5% |
| Income taxes | 67/77 | €14,396 | €14,835 | +€440 | +3.1% |
| Profit (loss) for the period | 9904 | €28,981 | €29,213 | +€232 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,981 | €29,213 | +€232 | +0.8% |
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.