Van Hulle Evie: 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 Hulle Evie
Largest movements
- Tangible fixed assets +€371,485
up €371,485 (+65,905%), from €564 to €372,049
of which Land and buildings: +€344,273
- Cash -€14,982
down €14,982 (-44.1%), from €33,954 to €18,972
mainly Investment in fixed assets (net) (-€380,278) and Tax, wage and social debts (-€9,391)
- Debts after one year +€287,974
new in 2025: €287,974
- Other debts +€56,412
up €56,412 (+65,216%), from €87 to €56,499
- Current portion of long-term debt +€15,240
new in 2025: €15,240
- Tax, wage and social debts -€9,391
down €9,391 (-78.5%), from €11,960 to €2,569
of which Taxes: -€7,891
- Reserves +€8,062
up €8,062 (+40.7%), from €19,832 to €27,894
- Depreciation +€8,122
up €8,122 (+828%), from €981 to €9,103
- Financial charges +€5,504
up €5,504 (+15,641%), from €35 to €5,539
- Taxes -€3,895
down €3,895 (-49.6%), from €7,859 to €3,964
- Gross operating margin -€1,934
down €1,934 (-6.6%), from €29,158 to €27,223
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 | €35,174 | €393,320 | +€358,147 | +1,018% |
| Formation expenses | 20 | €309 | - | -€309 | |
| Fixed assets | 21/28 | €564 | €372,049 | +€371,485 | +65,905% |
| Tangible fixed assets | 22/27 | €564 | €372,049 | +€371,485 | +65,905% |
| Land and buildings | 22 | - | €344,273 | +€344,273 | |
| Plant, machinery and equipment | 23 | €315 | €989 | +€674 | +214% |
| Furniture and vehicles | 24 | €248 | €26,787 | +€26,538 | +10,685% |
| Current assets | 29/58 | €34,301 | €21,272 | -€13,029 | -38.0% |
| Amounts receivable within one year | 40/41 | €347 | €1,559 | +€1,213 | +350% |
| Trade receivables | 40 | €340 | - | -€340 | |
| Other amounts receivable | 41 | €6 | €1,559 | +€1,553 | +23,927% |
| Cash at bank and in hand | 54/58 | €33,954 | €18,972 | -€14,982 | -44.1% |
| Deferred charges and accrued income | 490/1 | - | €741 | +€741 | |
| Total equity and liabilities | 10/49 | €35,174 | €393,320 | +€358,147 | +1,018% |
| Equity | 10/15 | €22,832 | €30,894 | +€8,062 | +35.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,832 | €27,894 | +€8,062 | +40.7% |
| Distributable reserves | 133 | €19,832 | €27,894 | +€8,062 | +40.7% |
| Amounts payable | 17/49 | €12,342 | €362,426 | +€350,085 | +2,837% |
| Amounts payable after more than one year | 17 | - | €287,974 | +€287,974 | |
| Financial debts | 170/4 | - | €287,974 | +€287,974 | |
| Amounts payable within one year | 42/48 | €12,047 | €74,308 | +€62,261 | +517% |
| Current portion of amounts payable after more than one year | 42 | - | €15,240 | +€15,240 | |
| Taxes, remuneration and social security | 45 | €11,960 | €2,569 | -€9,391 | -78.5% |
| Taxes | 450/3 | €10,460 | €2,569 | -€7,891 | -75.4% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €87 | €56,499 | +€56,412 | +65,216% |
| Accrued charges and deferred income | 492/3 | €295 | €145 | -€150 | -50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €981 | €9,103 | +€8,122 | +828% |
| Other operating charges | 640/8 | €451 | €555 | +€105 | +23.3% |
| Gross operating margin | 9900 | €29,158 | €27,223 | -€1,934 | -6.6% |
| Operating profit (loss) | 9901 | €27,726 | €17,565 | -€10,161 | -36.6% |
| Financial charges | 65/66B | €35 | €5,539 | +€5,504 | +15,641% |
| Recurring financial charges | 65 | €35 | €5,539 | +€5,504 | +15,641% |
| Profit (loss) for the period before taxes | 9903 | €27,691 | €12,026 | -€15,665 | -56.6% |
| Income taxes | 67/77 | €7,859 | €3,964 | -€3,895 | -49.6% |
| Profit (loss) for the period | 9904 | €19,832 | €8,062 | -€11,770 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,832 | €8,062 | -€11,770 | -59.3% |
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 21 October 2026 via checked.be.