VAN HULLE SANDRA: 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 SANDRA
Largest movements
- Current investments +€7,067
up €7,067 (+234%), from €3,021 to €10,088
- Deferred charges and accrued income -€5,992
down €5,992 (-42.6%), from €14,068 to €8,076
- Cash +€3,639
up €3,639 (+126%), from €2,879 to €6,518
mainly Other debts (+€8,074) and Deferred charges and accrued income (+€5,992)
- Receivables within one year +€1,334
new in 2025: €1,334
- Tangible fixed assets -€722
down €722 (-34.9%), from €2,071 to €1,348
- Other debts +€8,074
up €8,074 (+207%), from €3,902 to €11,976
- Trade debts -€7,721
down €7,721 (-87.8%), from €8,797 to €1,076
- Profit (loss) carried forward +€3,663
up €3,663 (+55.9%), from -€6,547 to -€2,884
- Short-term financial debts +€2,250
new in 2025: €2,250
- Tax, wage and social debts -€940
down €940 (-64.8%), from €1,451 to €511
of which Taxes: -€569
- Gross operating margin +€15,930
up €15,930, from -€7,965 to €7,965
- Taxes +€1,319
up €1,319 (+381%), from €347 to €1,666
- Financial charges +€482
up €482 (+163%), from €295 to €777
- Other operating charges -€286
down €286 (-19.7%), from €1,448 to €1,163
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 | €22,038 | €27,364 | +€5,326 | +24.2% |
| Fixed assets | 21/28 | €2,071 | €1,348 | -€722 | -34.9% |
| Tangible fixed assets | 22/27 | €2,071 | €1,348 | -€722 | -34.9% |
| Furniture and vehicles | 24 | €2,071 | €1,348 | -€722 | -34.9% |
| Current assets | 29/58 | €19,968 | €26,016 | +€6,048 | +30.3% |
| Amounts receivable within one year | 40/41 | - | €1,334 | +€1,334 | |
| Other amounts receivable | 41 | - | €1,334 | +€1,334 | |
| Current investments | 50/53 | €3,021 | €10,088 | +€7,067 | +234% |
| Cash at bank and in hand | 54/58 | €2,879 | €6,518 | +€3,639 | +126% |
| Deferred charges and accrued income | 490/1 | €14,068 | €8,076 | -€5,992 | -42.6% |
| Total equity and liabilities | 10/49 | €22,038 | €27,364 | +€5,326 | +24.2% |
| Equity | 10/15 | €7,850 | €11,513 | +€3,663 | +46.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,197 | €8,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €6,337 | €8,197 | +€1,860 | +29.4% |
| Profit (loss) carried forward | 14 | -€6,547 | -€2,884 | +€3,663 | +55.9% |
| Amounts payable | 17/49 | €14,188 | €15,851 | +€1,663 | +11.7% |
| Amounts payable within one year | 42/48 | €14,150 | €15,813 | +€1,663 | +11.8% |
| Financial debts | 43 | - | €2,250 | +€2,250 | |
| Credit institutions | 430/8 | - | €2,250 | +€2,250 | |
| Trade debts | 44 | €8,797 | €1,076 | -€7,721 | -87.8% |
| Suppliers | 440/4 | €8,797 | €1,076 | -€7,721 | -87.8% |
| Taxes, remuneration and social security | 45 | €1,451 | €511 | -€940 | -64.8% |
| Taxes | 450/3 | €1,080 | €511 | -€569 | -52.7% |
| Remuneration and social security | 454/9 | €371 | €0 | -€371 | -100% |
| Other amounts payable | 47/48 | €3,902 | €11,976 | +€8,074 | +207% |
| Accrued charges and deferred income | 492/3 | €38 | €38 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €670 | €722 | +€53 | +7.9% |
| Other operating charges | 640/8 | €1,448 | €1,163 | -€286 | -19.7% |
| Gross operating margin | 9900 | -€7,965 | €7,965 | +€15,930 | |
| Operating profit (loss) | 9901 | -€10,084 | €6,080 | +€16,163 | |
| Financial income | 75/76B | €58 | €26 | -€32 | -54.5% |
| Recurring financial income | 75 | €58 | €26 | -€32 | -54.5% |
| Financial charges | 65/66B | €295 | €777 | +€482 | +163% |
| Recurring financial charges | 65 | €295 | €777 | +€482 | +163% |
| Profit (loss) for the period before taxes | 9903 | -€10,321 | €5,329 | +€15,650 | |
| Income taxes | 67/77 | €347 | €1,666 | +€1,319 | +381% |
| Profit (loss) for the period | 9904 | -€10,668 | €3,663 | +€14,331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,668 | €3,663 | +€14,331 |
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 23 October 2026 via checked.be.