VAN HULLE KOEN: what changed
What changed
VAN HULLE KOEN
NACE 01.610, Support activities for crop production
filed annual accounts (NBB)
Net result for the year
€28,582
2024 · €5,675+€22,907
Equity
€493,744
2024 · €465,162+€28,582
Cash
€63,382
2024 · €113,001-€49,618
Balance sheet total
€1.2m
2024 · €1.2m+€6,124
Largest movements
Assets
- Stocks and contracts +€159,582
up €159,582 (+35.9%), from €444,967 to €604,549
of which Stocks: +€159,604
- Receivables within one year -€97,118
down €97,118 (-22.2%), from €436,926 to €339,808
of which Other amounts receivable: -€69,797
- Cash -€49,618
down €49,618 (-43.9%), from €113,001 to €63,382
mainly Stocks and contracts (-€159,582) and Short-term financial debts (-€66,911)
Equity and liabilities
- Trade debts +€92,405
up €92,405 (+43.7%), from €211,415 to €303,821
- Short-term financial debts -€66,911
down €66,911 (-22.3%), from €300,000 to €233,089
of which Credit institutions: -€66,941
- Tax, wage and social debts -€36,894
down €36,894 (-69.0%), from €53,454 to €16,560
of which Taxes: -€35,424
- Reserves +€28,582
up €28,582 (+6.4%), from €446,562 to €475,144
of which Distributable reserves: +€28,582
Income statement
- Write-downs -€8,435
down €8,435 (-100%), from €8,435 to €0
- Other operating charges -€7,385
down €7,385 (-59.5%), from €12,407 to €5,022
- Gross operating margin +€5,445
up €5,445 (+2.3%), from €240,627 to €246,072
- Taxes +€4,584
up €4,584 (+130%), from €3,527 to €8,112
- Staff costs -€3,183
down €3,183 (-2.2%), from €143,830 to €140,647
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€5,675
Gross operating margin
+€5,445
Staff costs
+€3,183
Depreciation
+€2,485
Write-downs
+€8,435
Other operating charges
+€7,385
Financial income
-€449
Financial charges
+€1,007
Taxes
-€4,584
Result 2025
€28,582
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€59,974
Investment
-€36,351
Financing
-€73,242
Cash 2024
€113,001
From operations (derived)
+€59,974
Net result for the year
+€28,582
Depreciation
+€46,401
Stocks and contracts
-€159,582
Receivables within one year
+€97,118
Deferred charges and accrued income
-€3,329
Trade debts
+€92,405
Tax, wage and social debts
-€36,894
Smaller working-capital items
-€73
Other debts
-€4,654
Investment (derived)
-€36,351
Investment in fixed assets (net)
-€36,351
Financing
-€73,242
Debts after one year
-€6,206
Current portion of long-term debt
-€124
Short-term financial debts
-€66,911
Cash 2025
€63,382
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,194,104 | €1,200,228 | +€6,124 | +0.5% |
| Fixed assets | 21/28 | €191,991 | €181,941 | -€10,050 | -5.2% |
| Tangible fixed assets | 22/27 | €191,991 | €181,941 | -€10,050 | -5.2% |
| Land and buildings | 22 | €543 | €818 | +€275 | +50.6% |
| Plant, machinery and equipment | 23 | €43,981 | €33,722 | -€10,259 | -23.3% |
| Furniture and vehicles | 24 | €28,440 | €36,670 | +€8,230 | +28.9% |
| Leasing and similar rights | 25 | €119,027 | €110,731 | -€8,296 | -7.0% |
| Current assets | 29/58 | €1,002,113 | €1,018,287 | +€16,174 | +1.6% |
| Stocks and contracts in progress | 3 | €444,967 | €604,549 | +€159,582 | +35.9% |
| Stocks | 30/36 | €444,945 | €604,549 | +€159,604 | +35.9% |
| Contracts in progress | 37 | €22 | €0 | -€22 | -100% |
| Amounts receivable within one year | 40/41 | €436,926 | €339,808 | -€97,118 | -22.2% |
| Trade receivables | 40 | €354,001 | €326,680 | -€27,322 | -7.7% |
| Other amounts receivable | 41 | €82,925 | €13,128 | -€69,797 | -84.2% |
| Cash at bank and in hand | 54/58 | €113,001 | €63,382 | -€49,618 | -43.9% |
| Deferred charges and accrued income | 490/1 | €7,219 | €10,548 | +€3,329 | +46.1% |
| Total equity and liabilities | 10/49 | €1,194,104 | €1,200,228 | +€6,124 | +0.5% |
| Equity | 10/15 | €465,162 | €493,744 | +€28,582 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €446,562 | €475,144 | +€28,582 | +6.4% |
| Non-distributable reserves | 130/1 | €4,800 | €4,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,800 | €4,800 | = | 0.0% |
| Distributable reserves | 133 | €441,762 | €470,344 | +€28,582 | +6.5% |
| Amounts payable | 17/49 | €728,942 | €706,484 | -€22,457 | -3.1% |
| Amounts payable after more than one year | 17 | €114,908 | €108,701 | -€6,206 | -5.4% |
| Financial debts | 170/4 | €114,908 | €108,701 | -€6,206 | -5.4% |
| Amounts payable within one year | 42/48 | €611,088 | €595,134 | -€15,954 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €34,484 | €34,360 | -€124 | -0.4% |
| Financial debts | 43 | €300,000 | €233,089 | -€66,911 | -22.3% |
| Credit institutions | 430/8 | €300,000 | €233,059 | -€66,941 | -22.3% |
| Other loans | 439 | - | €30 | +€30 | |
| Trade debts | 44 | €211,415 | €303,821 | +€92,405 | +43.7% |
| Suppliers | 440/4 | €211,415 | €303,821 | +€92,405 | +43.7% |
| Advances received on contracts in progress | 46 | €335 | €560 | +€225 | +67.0% |
| Taxes, remuneration and social security | 45 | €53,454 | €16,560 | -€36,894 | -69.0% |
| Taxes | 450/3 | €38,015 | €2,591 | -€35,424 | -93.2% |
| Remuneration and social security | 454/9 | €15,439 | €13,968 | -€1,471 | -9.5% |
| Other amounts payable | 47/48 | €11,399 | €6,745 | -€4,654 | -40.8% |
| Accrued charges and deferred income | 492/3 | €2,946 | €2,648 | -€297 | -10.1% |
| Non-recurring operating income | 76A | €2,421 | €4,075 | +€1,654 | +68.3% |
| Remuneration, social security and pensions | 62 | €143,830 | €140,647 | -€3,183 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,886 | €46,401 | -€2,485 | -5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,435 | €0 | -€8,435 | -100% |
| Other operating charges | 640/8 | €12,407 | €5,022 | -€7,385 | -59.5% |
| Gross operating margin | 9900 | €240,627 | €246,072 | +€5,445 | +2.3% |
| Operating profit (loss) | 9901 | €27,068 | €54,002 | +€26,933 | +99.5% |
| Financial income | 75/76B | €5,772 | €5,323 | -€449 | -7.8% |
| Recurring financial income | 75 | €5,772 | €5,323 | -€449 | -7.8% |
| Financial charges | 65/66B | €23,638 | €22,632 | -€1,007 | -4.3% |
| Recurring financial charges | 65 | €23,638 | €22,632 | -€1,007 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €9,202 | €36,693 | +€27,491 | +299% |
| Income taxes | 67/77 | €3,527 | €8,112 | +€4,584 | +130% |
| Profit (loss) for the period | 9904 | €5,675 | €28,582 | +€22,907 | +404% |
| Profit (loss) for the period to be appropriated | 9905 | €5,675 | €28,582 | +€22,907 | +404% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.