Vangheluwe-Ockier: what changed
What changed
Vangheluwe-Ockier
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
€26,892
2024 · €480+€26,412
Equity
€268,200
2024 · €311,743-€43,543
Cash
€8,439
2024 · €5,119+€3,320
Balance sheet total
€491,056
2024 · €569,440-€78,384
Largest movements
Assets
- Tangible fixed assets -€44,668
down €44,668 (-28.9%), from €154,559 to €109,891
- Receivables within one year -€37,735
down €37,735 (-22.9%), from €165,009 to €127,274
of which Trade receivables: -€40,085
Equity and liabilities
- Reserves -€41,877
down €41,877 (-28.4%), from €147,217 to €105,340
- Other debts +€38,425
up €38,425 (+107%), from €36,030 to €74,456
- Trade debts -€38,363
down €38,363 (-99.2%), from €38,657 to €294
- Debts after one year -€31,500
down €31,500 (-29.3%), from €107,631 to €76,131
Income statement
- Gross operating margin +€27,071
up €27,071 (+42.6%), from €63,577 to €90,648
- Taxes +€11,035
up €11,035 (+8,291%), from €133 to €11,168
- Depreciation -€10,861
down €10,861 (-19.6%), from €55,529 to €44,668
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€480
Gross operating margin
+€27,071
Depreciation
+€10,861
Other operating charges
-€359
Financial income
+€391
Financial charges
-€517
Taxes
-€11,035
Result 2025
€26,892
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€105,163
Investment
€0
Financing
-€101,843
Cash 2024
€5,119
From operations (derived)
+€105,163
Net result for the year
+€26,892
Depreciation
+€44,668
Receivables within one year
+€37,735
Deferred charges and accrued income
-€699
Trade debts
-€38,363
Tax, wage and social debts
-€2,596
Other debts
+€38,425
Accrued charges and deferred income
-€900
Financing
-€101,843
Debts after one year
-€31,500
Current portion of long-term debt
+€92
Contributions, distributions and other
-€70,435
Cash 2025
€8,439
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €569,440 | €491,056 | -€78,384 | -13.8% |
| Fixed assets | 21/28 | €399,312 | €354,644 | -€44,668 | -11.2% |
| Tangible fixed assets | 22/27 | €154,559 | €109,891 | -€44,668 | -28.9% |
| Plant, machinery and equipment | 23 | €38,310 | €28,910 | -€9,400 | -24.5% |
| Furniture and vehicles | 24 | €18,786 | €7,248 | -€11,538 | -61.4% |
| Leasing and similar rights | 25 | €25,313 | €13,513 | -€11,800 | -46.6% |
| Other tangible fixed assets | 26 | €72,150 | €60,219 | -€11,931 | -16.5% |
| Financial fixed assets | 28 | €244,753 | €244,753 | = | 0.0% |
| Current assets | 29/58 | €170,128 | €136,412 | -€33,716 | -19.8% |
| Amounts receivable within one year | 40/41 | €165,009 | €127,274 | -€37,735 | -22.9% |
| Trade receivables | 40 | €165,009 | €124,924 | -€40,085 | -24.3% |
| Other amounts receivable | 41 | - | €2,350 | +€2,350 | |
| Cash at bank and in hand | 54/58 | €5,119 | €8,439 | +€3,320 | +64.9% |
| Deferred charges and accrued income | 490/1 | - | €699 | +€699 | |
| Total equity and liabilities | 10/49 | €569,440 | €491,056 | -€78,384 | -13.8% |
| Equity | 10/15 | €311,743 | €268,200 | -€43,543 | -14.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €147,217 | €105,340 | -€41,877 | -28.4% |
| Distributable reserves | 133 | €147,217 | €105,340 | -€41,877 | -28.4% |
| Profit (loss) carried forward | 14 | €152,126 | €150,460 | -€1,666 | -1.1% |
| Amounts payable | 17/49 | €257,697 | €222,856 | -€34,841 | -13.5% |
| Amounts payable after more than one year | 17 | €107,631 | €76,131 | -€31,500 | -29.3% |
| Financial debts | 170/4 | €107,631 | €76,131 | -€31,500 | -29.3% |
| Amounts payable within one year | 42/48 | €146,515 | €144,075 | -€2,441 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €31,408 | €31,500 | +€92 | +0.3% |
| Trade debts | 44 | €38,657 | €294 | -€38,363 | -99.2% |
| Suppliers | 440/4 | €38,657 | €294 | -€38,363 | -99.2% |
| Taxes, remuneration and social security | 45 | €40,420 | €37,824 | -€2,596 | -6.4% |
| Taxes | 450/3 | €35,420 | €37,824 | +€2,404 | +6.8% |
| Remuneration and social security | 454/9 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | €36,030 | €74,456 | +€38,425 | +107% |
| Accrued charges and deferred income | 492/3 | €3,550 | €2,650 | -€900 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,529 | €44,668 | -€10,861 | -19.6% |
| Other operating charges | 640/8 | €1,638 | €1,997 | +€359 | +21.9% |
| Gross operating margin | 9900 | €63,577 | €90,648 | +€27,071 | +42.6% |
| Operating profit (loss) | 9901 | €6,410 | €43,983 | +€37,573 | +586% |
| Financial income | 75/76B | - | €391 | +€391 | |
| Recurring financial income | 75 | - | €391 | +€391 | |
| Financial charges | 65/66B | €5,797 | €6,315 | +€517 | +8.9% |
| Recurring financial charges | 65 | €5,797 | €6,315 | +€517 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €613 | €38,060 | +€37,447 | +6,111% |
| Income taxes | 67/77 | €133 | €11,168 | +€11,035 | +8,291% |
| Profit (loss) for the period | 9904 | €480 | €26,892 | +€26,412 | +5,506% |
| Profit (loss) for the period to be appropriated | 9905 | €480 | €26,892 | +€26,412 | +5,506% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.