Vanderhoven Nick: what changed
Two fiscal 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.
Vanderhoven Nick
Largest movements
- Cash -€72,447
down €72,447 (-22.6%), from €321,245 to €248,798
mainly Receivables within one year (-€55,846) and Investment in fixed assets (net) (-€19,180)
- Receivables within one year +€55,846
up €55,846 (+1047.7%), from €5,330 to €61,176
of which Trade receivables: +€38,098
- Tangible fixed assets +€17,906
up €17,906 (+1872.6%), from €956 to €18,862
- Reserves +€33,510
up €33,510 (+17.3%), from €193,504 to €227,014
- Tax, wage and social debts -€17,579
down €17,579 (-32.2%), from €54,510 to €36,931
of which Taxes: -€19,879
- Other debts -€14,974
down €14,974 (-42.2%), from €35,464 to €20,490
- Gross operating margin -€58,110
down €58,110 (-52.6%), from €110,574 to €52,463
- Taxes -€15,994
down €15,994 (-51.8%), from €30,888 to €14,895
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,532 | €330,459 | +€2,927 | +0.9% |
| Fixed assets | 21/28 | €956 | €18,862 | +€17,906 | +1872.6% |
| Tangible fixed assets | 22/27 | €956 | €18,862 | +€17,906 | +1872.6% |
| Furniture and vehicles | 24 | €956 | €18,862 | +€17,906 | +1872.6% |
| Current assets | 29/58 | €326,576 | €311,597 | -€14,979 | -4.6% |
| Amounts receivable within one year | 40/41 | €5,330 | €61,176 | +€55,846 | +1047.7% |
| Trade receivables | 40 | €5,194 | €43,292 | +€38,098 | +733.5% |
| Other amounts receivable | 41 | €136 | €17,884 | +€17,748 | +13073.0% |
| Cash at bank and in hand | 54/58 | €321,245 | €248,798 | -€72,447 | -22.6% |
| Deferred charges and accrued income | 490/1 | €0 | €1,622 | +€1,622 | |
| Total equity and liabilities | 10/49 | €327,532 | €330,459 | +€2,927 | +0.9% |
| Equity | 10/15 | €234,504 | €268,014 | +€33,510 | +14.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €193,504 | €227,014 | +€33,510 | +17.3% |
| Distributable reserves | 133 | €193,504 | €227,014 | +€33,510 | +17.3% |
| Profit (loss) carried forward | 14 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €93,028 | €62,444 | -€30,584 | -32.9% |
| Amounts payable within one year | 42/48 | €93,028 | €62,444 | -€30,584 | -32.9% |
| Financial debts | 43 | €0 | €1,013 | +€1,013 | |
| Credit institutions | 430/8 | €0 | €1,013 | +€1,013 | |
| Trade debts | 44 | €3,054 | €4,011 | +€956 | +31.3% |
| Suppliers | 440/4 | €3,054 | €4,011 | +€956 | +31.3% |
| Taxes, remuneration and social security | 45 | €54,510 | €36,931 | -€17,579 | -32.2% |
| Taxes | 450/3 | €54,510 | €34,631 | -€19,879 | -36.5% |
| Remuneration and social security | 454/9 | €0 | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | €35,464 | €20,490 | -€14,974 | -42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,105 | €1,274 | -€831 | -39.5% |
| Other operating charges | 640/8 | €2,593 | €1,693 | -€900 | -34.7% |
| Gross operating margin | 9900 | €110,574 | €52,463 | -€58,110 | -52.6% |
| Operating profit (loss) | 9901 | €105,875 | €49,496 | -€56,379 | -53.3% |
| Financial income | 75/76B | €139 | €5 | -€134 | -96.2% |
| Recurring financial income | 75 | €139 | €5 | -€134 | -96.2% |
| Financial charges | 65/66B | €1,154 | €1,097 | -€58 | -5.0% |
| Recurring financial charges | 65 | €1,154 | €1,097 | -€58 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €104,860 | €48,405 | -€56,455 | -53.8% |
| Income taxes | 67/77 | €30,888 | €14,895 | -€15,994 | -51.8% |
| Profit (loss) for the period | 9904 | €73,972 | €33,510 | -€40,462 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,972 | €33,510 | -€40,462 | -54.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.