VAN HUMBEECK: 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.
What changed
VAN HUMBEECK
NACE 96.301, Funeral services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€35,052
2024 · €74,225-€39,173
Equity
€2.2m
2024 · €2.2m+€35,052
Cash
€36,605
2024 · €32,406+€4,199
Balance sheet total
€3.7m
2024 · €3.4m+€318,044
Largest movements
Assets
- Tangible fixed assets +€312,260
up €312,260 (+9.7%), from €3.2m to €3.5m
of which Land and buildings: +€390,544
Equity and liabilities
- Debts after one year +€239,206
up €239,206 (+59.2%), from €404,075 to €643,280
- Current portion of long-term debt +€50,526
up €50,526 (+23.1%), from €218,264 to €268,791
Income statement
- Gross operating margin +€127,634
up €127,634 (+20.2%), from €633,359 to €760,993
- Depreciation +€65,332
up €65,332 (+20.3%), from €321,874 to €387,207
- Other operating charges +€53,786
up €53,786 (+117.3%), from €45,835 to €99,622
- Staff costs +€36,328
up €36,328 (+28.6%), from €126,952 to €163,279
- Financial charges +€19,416
up €19,416 (+53.8%), from €36,066 to €55,481
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.
Result 2024
€74,225
Gross operating margin
+€127,634
Staff costs
-€36,328
Depreciation
-€65,332
Write-downs
-€3,091
Other operating charges
-€53,786
Financial income
-€1,708
Financial charges
-€19,416
Taxes
+€12,854
Result 2025
€35,052
Cash bridge derived
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.
From operations
+€413,934
Investment
-€699,467
Financing
+€289,732
Cash 2024
€32,406
From operations (derived)
+€413,934
Net result for the year
+€35,052
Depreciation
+€387,207
Stocks and contracts
+€6,801
Smaller working-capital items
-€188
Deferred charges and accrued income
-€9,259
Trade debts
+€3,504
Tax, wage and social debts
+€7,383
Advances received
+€3,341
Other debts
-€21,687
Accrued charges and deferred income
+€1,781
Investment (derived)
-€699,467
Investment in fixed assets (net)
-€699,467
Financing
+€289,732
Debts after one year
+€239,206
Current portion of long-term debt
+€50,526
Cash 2025
€36,605
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,404,936 | €3,722,980 | +€318,044 | +9.3% |
| Fixed assets | 21/28 | €3,208,751 | €3,521,012 | +€312,260 | +9.7% |
| Tangible fixed assets | 22/27 | €3,208,001 | €3,520,262 | +€312,260 | +9.7% |
| Land and buildings | 22 | €2,745,421 | €3,135,965 | +€390,544 | +14.2% |
| Plant, machinery and equipment | 23 | €31,141 | €22,742 | -€8,398 | -27.0% |
| Furniture and vehicles | 24 | €431,440 | €361,554 | -€69,885 | -16.2% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €196,185 | €201,968 | +€5,784 | +2.9% |
| Stocks and contracts in progress | 3 | €17,105 | €10,304 | -€6,801 | -39.8% |
| Stocks | 30/36 | €17,105 | €10,304 | -€6,801 | -39.8% |
| Amounts receivable within one year | 40/41 | €122,550 | €121,676 | -€874 | -0.7% |
| Trade receivables | 40 | €100,795 | €77,423 | -€23,372 | -23.2% |
| Other amounts receivable | 41 | €21,755 | €44,253 | +€22,498 | +103.4% |
| Cash at bank and in hand | 54/58 | €32,406 | €36,605 | +€4,199 | +13.0% |
| Deferred charges and accrued income | 490/1 | €24,124 | €33,384 | +€9,259 | +38.4% |
| Total equity and liabilities | 10/49 | €3,404,936 | €3,722,980 | +€318,044 | +9.3% |
| Equity | 10/15 | €2,191,463 | €2,226,515 | +€35,052 | +1.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €797,344 | €832,156 | +€34,813 | +4.4% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €169,752 | €166,564 | -€3,188 | -1.9% |
| Distributable reserves | 133 | €621,092 | €659,092 | +€38,000 | +6.1% |
| Profit (loss) carried forward | 14 | €1,329,119 | €1,329,359 | +€240 | 0.0% |
| Provisions and deferred taxes | 16 | €11,688 | €10,625 | -€1,063 | -9.1% |
| Deferred taxes | 168 | €11,688 | €10,625 | -€1,063 | -9.1% |
| Amounts payable | 17/49 | €1,201,785 | €1,485,840 | +€284,054 | +23.6% |
| Amounts payable after more than one year | 17 | €404,075 | €643,280 | +€239,206 | +59.2% |
| Financial debts | 170/4 | €404,075 | €643,280 | +€239,206 | +59.2% |
| Amounts payable within one year | 42/48 | €796,361 | €839,429 | +€43,068 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €218,264 | €268,791 | +€50,526 | +23.1% |
| Trade debts | 44 | €17,124 | €20,628 | +€3,504 | +20.5% |
| Suppliers | 440/4 | €17,124 | €20,628 | +€3,504 | +20.5% |
| Advances received on contracts in progress | 46 | €66,518 | €69,859 | +€3,341 | +5.0% |
| Taxes, remuneration and social security | 45 | €28,687 | €36,070 | +€7,383 | +25.7% |
| Taxes | 450/3 | €20,934 | €17,885 | -€3,049 | -14.6% |
| Remuneration and social security | 454/9 | €7,753 | €18,185 | +€10,432 | +134.6% |
| Other amounts payable | 47/48 | €465,769 | €444,081 | -€21,687 | -4.7% |
| Accrued charges and deferred income | 492/3 | €1,350 | €3,131 | +€1,781 | +131.9% |
| Remuneration, social security and pensions | 62 | €126,952 | €163,279 | +€36,328 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321,874 | €387,207 | +€65,332 | +20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,091 | +€3,091 | |
| Other operating charges | 640/8 | €45,835 | €99,622 | +€53,786 | +117.3% |
| Gross operating margin | 9900 | €633,359 | €760,993 | +€127,634 | +20.2% |
| Operating profit (loss) | 9901 | €138,698 | €107,795 | -€30,903 | -22.3% |
| Financial income | 75/76B | €2,488 | €780 | -€1,708 | -68.6% |
| Recurring financial income | 75 | €2,488 | €780 | -€1,708 | -68.6% |
| Financial charges | 65/66B | €36,066 | €55,481 | +€19,416 | +53.8% |
| Recurring financial charges | 65 | €36,066 | €55,481 | +€19,416 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €105,120 | €53,094 | -€52,026 | -49.5% |
| Transfer from deferred taxes | 780 | €1,063 | €1,063 | = | 0.0% |
| Income taxes | 67/77 | €31,958 | €19,104 | -€12,854 | -40.2% |
| Profit (loss) for the period | 9904 | €74,225 | €35,052 | -€39,173 | -52.8% |
| Transfer from tax-exempt reserves | 789 | €3,188 | €3,188 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,412 | €38,240 | -€39,173 | -50.6% |
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 10 October 2026 via checked.be.