VAN HOVEN: 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 HOVEN
Largest movements
- Tangible fixed assets -€12,375
down €12,375 (-21.0%), from €58,957 to €46,582
of which Furniture and vehicles: -€8,467
- Receivables within one year -€8,927
down €8,927 (-59.1%), from €15,101 to €6,174
of which Trade receivables: -€7,739
- Cash -€7,281
down €7,281 (-41.7%), from €17,475 to €10,194
mainly Net result for the year (-€17,848) and Advances received (-€9,306)
- Deferred charges and accrued income +€1,217
up €1,217 (+2,268%), from €54 to €1,270
- Profit (loss) carried forward -€17,848
down €17,848 (-189%), from -€9,464 to -€27,311
- Advances received -€9,306
down €9,306 (-82.1%), from €11,340 to €2,034
- Other debts +€5,314
up €5,314 (+213%), from €2,500 to €7,814
- Trade debts -€3,065
down €3,065 (-18.0%), from €16,990 to €13,925
- Debts after one year -€2,000
down €2,000 (-6.0%), from €33,333 to €31,333
- Gross operating margin -€70,272
down €70,272 (-96.1%), from €73,087 to €2,815
- Depreciation +€5,856
up €5,856 (+78.5%), from €7,459 to €13,315
- Taxes -€4,556
down €4,556 (-89.5%), from €5,091 to €536
- Other operating charges +€3,240
up €3,240 (+101%), from €3,208 to €6,448
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 | €91,588 | €64,222 | -€27,366 | -29.9% |
| Fixed assets | 21/28 | €58,958 | €46,583 | -€12,375 | -21.0% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €58,957 | €46,582 | -€12,375 | -21.0% |
| Land and buildings | 22 | €446 | €334 | -€111 | -25.0% |
| Plant, machinery and equipment | 23 | €21,304 | €17,507 | -€3,797 | -17.8% |
| Furniture and vehicles | 24 | €37,207 | €28,740 | -€8,467 | -22.8% |
| Current assets | 29/58 | €32,630 | €17,639 | -€14,991 | -45.9% |
| Amounts receivable within one year | 40/41 | €15,101 | €6,174 | -€8,927 | -59.1% |
| Trade receivables | 40 | €12,989 | €5,250 | -€7,739 | -59.6% |
| Other amounts receivable | 41 | €2,112 | €924 | -€1,188 | -56.3% |
| Cash at bank and in hand | 54/58 | €17,475 | €10,194 | -€7,281 | -41.7% |
| Deferred charges and accrued income | 490/1 | €54 | €1,270 | +€1,217 | +2,268% |
| Total equity and liabilities | 10/49 | €91,588 | €64,222 | -€27,366 | -29.9% |
| Equity | 10/15 | €14,996 | -€2,851 | -€17,848 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,860 | €5,860 | = | 0.0% |
| Distributable reserves | 133 | €5,860 | €5,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,464 | -€27,311 | -€17,848 | -189% |
| Amounts payable | 17/49 | €76,591 | €67,073 | -€9,518 | -12.4% |
| Amounts payable after more than one year | 17 | €33,333 | €31,333 | -€2,000 | -6.0% |
| Other amounts payable | 178/9 | €33,333 | €31,333 | -€2,000 | -6.0% |
| Amounts payable within one year | 42/48 | €43,258 | €35,740 | -€7,518 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | - | €2,000 | +€2,000 | |
| Financial debts | 43 | €2,000 | €0 | -€2,000 | -100% |
| Other loans | 439 | €2,000 | €0 | -€2,000 | -100% |
| Trade debts | 44 | €16,990 | €13,925 | -€3,065 | -18.0% |
| Suppliers | 440/4 | €16,990 | €13,925 | -€3,065 | -18.0% |
| Advances received on contracts in progress | 46 | €11,340 | €2,034 | -€9,306 | -82.1% |
| Taxes, remuneration and social security | 45 | €10,428 | €9,968 | -€460 | -4.4% |
| Taxes | 450/3 | €5,388 | €9,968 | +€4,580 | +85.0% |
| Remuneration and social security | 454/9 | €5,040 | €0 | -€5,040 | -100% |
| Other amounts payable | 47/48 | €2,500 | €7,814 | +€5,314 | +213% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,459 | €13,315 | +€5,856 | +78.5% |
| Other operating charges | 640/8 | €3,208 | €6,448 | +€3,240 | +101% |
| Gross operating margin | 9900 | €73,087 | €2,815 | -€70,272 | -96.1% |
| Operating profit (loss) | 9901 | €62,420 | -€16,948 | -€79,368 | |
| Financial income | 75/76B | €44 | €0 | -€44 | -100% |
| Recurring financial income | 75 | €44 | €0 | -€44 | -100% |
| Financial charges | 65/66B | €652 | €364 | -€288 | -44.1% |
| Recurring financial charges | 65 | €652 | €364 | -€288 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €61,813 | -€17,312 | -€79,125 | |
| Income taxes | 67/77 | €5,091 | €536 | -€4,556 | -89.5% |
| Profit (loss) for the period | 9904 | €56,721 | -€17,848 | -€74,569 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,721 | -€17,848 | -€74,569 |
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 16 October 2026 via checked.be.