Van Hoye Solutions: 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 Hoye Solutions
Largest movements
- Tangible fixed assets +€589,835
up €589,835 (+86.7%), from €680,232 to €1.3m
of which Assets under construction and advance payments: +€616,000
- Receivables within one year +€220,465
up €220,465 (+1,195%), from €18,455 to €238,921
of which Trade receivables: +€220,476
- Current investments +€30,513
up €30,513 (+8.0%), from €382,865 to €413,377
- Trade debts +€625,721
up €625,721 (+2,069%), from €30,240 to €655,962
- Other debts +€241,143
up €241,143 (+87.0%), from €277,217 to €518,360
- Debts after one year -€107,154
down €107,154 (-16.1%), from €666,134 to €558,980
- Reserves +€58,483
up €58,483 (+7.5%), from €776,154 to €834,636
- Other operating charges +€111,706
up €111,706 (+1,650%), from €6,771 to €118,477
- Financial income -€59,252
down €59,252 (-50.0%), from €118,609 to €59,357
of which Non-recurring financial income: -€75,000
- Taxes -€40,033
down €40,033 (-57.5%), from €69,584 to €29,551
- Financial charges +€25,874
up €25,874 (+204%), from €12,663 to €38,537
- Gross operating margin +€16,618
up €16,618 (+8.4%), from €197,716 to €214,335
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 | €1,916,183 | €2,736,924 | +€820,741 | +42.8% |
| Fixed assets | 21/28 | €1,070,232 | €1,660,068 | +€589,835 | +55.1% |
| Tangible fixed assets | 22/27 | €680,232 | €1,270,068 | +€589,835 | +86.7% |
| Land and buildings | 22 | €667,647 | €649,549 | -€18,098 | -2.7% |
| Furniture and vehicles | 24 | €6,340 | €0 | -€6,340 | -100% |
| Other tangible fixed assets | 26 | €6,246 | €4,519 | -€1,728 | -27.7% |
| Assets under construction and advance payments | 27 | - | €616,000 | +€616,000 | |
| Financial fixed assets | 28 | €390,000 | €390,000 | = | 0.0% |
| Current assets | 29/58 | €845,951 | €1,076,857 | +€230,906 | +27.3% |
| Amounts receivable after more than one year | 29 | €390,000 | €383,724 | -€6,276 | -1.6% |
| Other amounts receivable | 291 | €390,000 | €383,724 | -€6,276 | -1.6% |
| Amounts receivable within one year | 40/41 | €18,455 | €238,921 | +€220,465 | +1,195% |
| Trade receivables | 40 | €18,444 | €238,921 | +€220,476 | +1,195% |
| Other amounts receivable | 41 | €11 | €0 | -€11 | -100% |
| Current investments | 50/53 | €382,865 | €413,377 | +€30,513 | +8.0% |
| Cash at bank and in hand | 54/58 | €48,217 | €33,164 | -€15,053 | -31.2% |
| Deferred charges and accrued income | 490/1 | €6,414 | €7,670 | +€1,256 | +19.6% |
| Total equity and liabilities | 10/49 | €1,916,183 | €2,736,924 | +€820,741 | +42.8% |
| Equity | 10/15 | €794,851 | €853,334 | +€58,483 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €776,154 | €834,636 | +€58,483 | +7.5% |
| Distributable reserves | 133 | €776,154 | €834,636 | +€58,483 | +7.5% |
| Profit (loss) carried forward | 14 | €98 | €98 | = | 0.0% |
| Amounts payable | 17/49 | €1,121,332 | €1,883,590 | +€762,258 | +68.0% |
| Amounts payable after more than one year | 17 | €666,134 | €558,980 | -€107,154 | -16.1% |
| Financial debts | 170/4 | €666,134 | €558,980 | -€107,154 | -16.1% |
| Amounts payable within one year | 42/48 | €445,834 | €1,315,246 | +€869,412 | +195% |
| Current portion of amounts payable after more than one year | 42 | €105,651 | €107,154 | +€1,503 | +1.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €30,240 | €655,962 | +€625,721 | +2,069% |
| Suppliers | 440/4 | €30,240 | €655,962 | +€625,721 | +2,069% |
| Taxes, remuneration and social security | 45 | €32,725 | €33,770 | +€1,045 | +3.2% |
| Taxes | 450/3 | €32,725 | €33,770 | +€1,045 | +3.2% |
| Other amounts payable | 47/48 | €277,217 | €518,360 | +€241,143 | +87.0% |
| Accrued charges and deferred income | 492/3 | €9,365 | €9,365 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,389 | €28,644 | -€745 | -2.5% |
| Other operating charges | 640/8 | €6,771 | €118,477 | +€111,706 | +1,650% |
| Gross operating margin | 9900 | €197,716 | €214,335 | +€16,618 | +8.4% |
| Operating profit (loss) | 9901 | €161,557 | €67,214 | -€94,343 | -58.4% |
| Financial income | 75/76B | €118,609 | €59,357 | -€59,252 | -50.0% |
| Recurring financial income | 75 | €43,609 | €59,357 | +€15,748 | +36.1% |
| Non-recurring financial income | 76B | €75,000 | €0 | -€75,000 | -100% |
| Financial charges | 65/66B | €12,663 | €38,537 | +€25,874 | +204% |
| Recurring financial charges | 65 | €12,663 | €38,537 | +€25,874 | +204% |
| Profit (loss) for the period before taxes | 9903 | €267,503 | €88,034 | -€179,469 | -67.1% |
| Income taxes | 67/77 | €69,584 | €29,551 | -€40,033 | -57.5% |
| Profit (loss) for the period | 9904 | €197,919 | €58,483 | -€139,437 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €197,919 | €58,483 | -€139,437 | -70.5% |
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 24 October 2026 via checked.be.