VANDERHOEVEN-SOYEZ: 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.
VANDERHOEVEN-SOYEZ
Largest movements
- Cash -€5,604
down €5,604 (-19.4%), from €28,883 to €23,279
mainly Net result for the year (-€8,705)
- Tangible fixed assets -€2,970
down €2,970 (-2.6%), from €114,323 to €111,354
- Profit (loss) carried forward -€8,705
down €8,705 (-30.0%), from €29,006 to €20,301
- Financial income +€217
up €217 (+456%), from €48 to €264
- Gross operating margin -€127
down €127 (-2.7%), from -€4,646 to -€4,773
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 | €143,529 | €134,844 | -€8,685 | -6.1% |
| Fixed assets | 21/28 | €114,513 | €111,544 | -€2,970 | -2.6% |
| Tangible fixed assets | 22/27 | €114,323 | €111,354 | -€2,970 | -2.6% |
| Land and buildings | 22 | €114,323 | €111,354 | -€2,970 | -2.6% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €29,015 | €23,300 | -€5,715 | -19.7% |
| Amounts receivable within one year | 40/41 | €132 | €21 | -€111 | -84.3% |
| Other amounts receivable | 41 | €132 | €21 | -€111 | -84.3% |
| Cash at bank and in hand | 54/58 | €28,883 | €23,279 | -€5,604 | -19.4% |
| Total equity and liabilities | 10/49 | €143,529 | €134,844 | -€8,685 | -6.1% |
| Equity | 10/15 | €143,511 | €134,806 | -€8,705 | -6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €108,306 | €108,306 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €86,446 | €86,446 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,006 | €20,301 | -€8,705 | -30.0% |
| Amounts payable | 17/49 | €17 | €37 | +€20 | +116% |
| Amounts payable within one year | 42/48 | €17 | €37 | +€20 | +116% |
| Trade debts | 44 | €17 | €37 | +€20 | +116% |
| Suppliers | 440/4 | €17 | €37 | +€20 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,970 | €2,970 | = | 0.0% |
| Other operating charges | 640/8 | €1,086 | €1,099 | +€13 | +1.2% |
| Gross operating margin | 9900 | -€4,646 | -€4,773 | -€127 | -2.7% |
| Operating profit (loss) | 9901 | -€8,702 | -€8,841 | -€140 | -1.6% |
| Financial income | 75/76B | €48 | €264 | +€217 | +456% |
| Recurring financial income | 75 | €48 | €264 | +€217 | +456% |
| Financial charges | 65/66B | €51 | €73 | +€22 | +43.7% |
| Recurring financial charges | 65 | €51 | €73 | +€22 | +43.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,705 | -€8,651 | +€55 | +0.6% |
| Income taxes | 67/77 | €8 | €54 | +€46 | +571% |
| Profit (loss) for the period | 9904 | -€8,713 | -€8,705 | +€8 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,713 | -€8,705 | +€8 | +0.1% |
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 27 October 2026 via checked.be.