VAN RIET HANS: 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 RIET HANS
Largest movements
- Tangible fixed assets -€31,205
down €31,205 (-47.2%), from €66,128 to €34,923
of which Land and buildings: -€22,115
- Receivables within one year -€12,165
down €12,165 (-22.1%), from €55,117 to €42,952
of which Trade receivables: -€6,324
- Current investments +€11,595
up €11,595 (+5,797,255%), from €0 to €11,595
- Cash +€8,179
up €8,179 (+3,210%), from €255 to €8,433
mainly Other debts (+€104,495) and Depreciation (+€22,845)
- Other debts +€104,495
new in 2025: €104,495
- Debts after one year -€59,700
no longer reported in 2025 (was €59,700)
- Short-term financial debts -€38,740
no longer reported in 2025 (was €38,740)
- Profit (loss) carried forward -€18,537
down €18,537 (-33.9%), from -€54,606 to -€73,143
- Current portion of long-term debt -€10,000
down €10,000 (-28.6%), from €35,000 to €25,000
- Gross operating margin -€71,790
down €71,790 (-85.3%), from €84,157 to €12,367
- Staff costs -€38,618
no longer reported in 2025 (was €38,618)
- Depreciation -€4,528
down €4,528 (-16.5%), from €27,373 to €22,845
- Financial charges -€2,180
down €2,180 (-28.1%), from €7,772 to €5,592
- Financial income +€1,591
up €1,591 (+568,379%), from €0 to €1,592
of which Non-recurring financial income: +€1,540
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 | €121,533 | €97,936 | -€23,597 | -19.4% |
| Fixed assets | 21/28 | €66,161 | €34,956 | -€31,205 | -47.2% |
| Tangible fixed assets | 22/27 | €66,128 | €34,923 | -€31,205 | -47.2% |
| Land and buildings | 22 | €55,802 | €33,687 | -€22,115 | -39.6% |
| Plant, machinery and equipment | 23 | €377 | €327 | -€50 | -13.3% |
| Furniture and vehicles | 24 | €9,950 | €909 | -€9,040 | -90.9% |
| Financial fixed assets | 28 | €33 | €33 | = | 0.0% |
| Current assets | 29/58 | €55,372 | €62,980 | +€7,608 | +13.7% |
| Amounts receivable within one year | 40/41 | €55,117 | €42,952 | -€12,165 | -22.1% |
| Trade receivables | 40 | €38,013 | €31,689 | -€6,324 | -16.6% |
| Other amounts receivable | 41 | €17,104 | €11,263 | -€5,841 | -34.1% |
| Current investments | 50/53 | €0 | €11,595 | +€11,595 | +5,797,255% |
| Cash at bank and in hand | 54/58 | €255 | €8,433 | +€8,179 | +3,210% |
| Total equity and liabilities | 10/49 | €121,533 | €97,936 | -€23,597 | -19.4% |
| Equity | 10/15 | -€14,136 | -€32,673 | -€18,537 | -131% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €21,878 | €21,878 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €20,019 | €20,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,606 | -€73,143 | -€18,537 | -33.9% |
| Amounts payable | 17/49 | €135,669 | €130,609 | -€5,060 | -3.7% |
| Amounts payable after more than one year | 17 | €59,700 | - | -€59,700 | |
| Financial debts | 170/4 | €59,700 | - | -€59,700 | |
| Amounts payable within one year | 42/48 | €75,969 | €130,609 | +€54,640 | +71.9% |
| Current portion of amounts payable after more than one year | 42 | €35,000 | €25,000 | -€10,000 | -28.6% |
| Financial debts | 43 | €38,740 | - | -€38,740 | |
| Credit institutions | 430/8 | €38,740 | - | -€38,740 | |
| Taxes, remuneration and social security | 45 | €2,229 | €1,114 | -€1,115 | -50.0% |
| Taxes | 450/3 | €2,229 | €1,114 | -€1,115 | -50.0% |
| Other amounts payable | 47/48 | - | €104,495 | +€104,495 | |
| Remuneration, social security and pensions | 62 | €38,618 | - | -€38,618 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,373 | €22,845 | -€4,528 | -16.5% |
| Other operating charges | 640/8 | €4,061 | €4,060 | -€1 | 0.0% |
| Gross operating margin | 9900 | €84,157 | €12,367 | -€71,790 | -85.3% |
| Operating profit (loss) | 9901 | €14,105 | -€14,537 | -€28,643 | |
| Financial income | 75/76B | €0 | €1,592 | +€1,591 | +568,379% |
| Recurring financial income | 75 | €0 | €52 | +€52 | +18,521% |
| Non-recurring financial income | 76B | - | €1,540 | +€1,540 | |
| Financial charges | 65/66B | €7,772 | €5,592 | -€2,180 | -28.1% |
| Recurring financial charges | 65 | €7,772 | €5,592 | -€2,180 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €6,334 | -€18,537 | -€24,871 | |
| Profit (loss) for the period | 9904 | €6,334 | -€18,537 | -€24,871 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,334 | -€18,537 | -€24,871 |
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 19 October 2026 via checked.be.