VANHAUWOOD: what changed
What changed
VANHAUWOOD
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€12,223
2024 · €6,581+€5,642
Equity
€128,546
2024 · €116,323+€12,223
Cash
€14,173
2024 · €8,399+€5,775
Balance sheet total
€1.2m
2024 · €1.1m+€137,910
Largest movements
Assets
- Financial fixed assets +€150,000
up €150,000 (+250,000%), from €60 to €150,060
- Receivables within one year +€53,255
up €53,255 (+20.0%), from €266,126 to €319,381
of which Other amounts receivable: +€28,781
- Tangible fixed assets -€48,426
down €48,426 (-6.1%), from €788,440 to €740,015
of which Land and buildings: -€30,929
- Deferred charges and accrued income -€22,694
down €22,694 (-83.5%), from €27,163 to €4,469
Equity and liabilities
- Other debts +€174,034
up €174,034 (+43.8%), from €397,023 to €571,058
- Debts after one year -€46,425
down €46,425 (-9.3%), from €501,797 to €455,372
Income statement
- Gross operating margin +€15,508
up €15,508 (+20.9%), from €74,075 to €89,583
- Other operating charges +€8,497
up €8,497 (+344%), from €2,467 to €10,964
- Depreciation +€898
up €898 (+1.9%), from €47,528 to €48,426
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
€6,581
Gross operating margin
+€15,508
Depreciation
-€898
Other operating charges
-€8,497
Financial charges
+€95
Taxes
-€566
Result 2025
€12,223
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
+€212,112
Investment
-€150,000
Financing
-€56,337
Cash 2024
€8,399
From operations (derived)
+€212,112
Net result for the year
+€12,223
Depreciation
+€48,426
Receivables within one year
-€53,255
Deferred charges and accrued income
+€22,694
Trade debts
-€1,816
Tax, wage and social debts
+€9,805
Other debts
+€174,034
Investment (derived)
-€150,000
Investment in fixed assets (net)
-€150,000
Financing
-€56,337
Debts after one year
-€46,425
Current portion of long-term debt
-€9,912
Cash 2025
€14,173
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,090,189 | €1,228,099 | +€137,910 | +12.7% |
| Fixed assets | 21/28 | €788,500 | €890,075 | +€101,574 | +12.9% |
| Tangible fixed assets | 22/27 | €788,440 | €740,015 | -€48,426 | -6.1% |
| Land and buildings | 22 | €721,898 | €690,969 | -€30,929 | -4.3% |
| Furniture and vehicles | 24 | €66,543 | €49,046 | -€17,496 | -26.3% |
| Financial fixed assets | 28 | €60 | €150,060 | +€150,000 | +250,000% |
| Current assets | 29/58 | €301,688 | €338,024 | +€36,336 | +12.0% |
| Amounts receivable within one year | 40/41 | €266,126 | €319,381 | +€53,255 | +20.0% |
| Trade receivables | 40 | €52,048 | €76,522 | +€24,474 | +47.0% |
| Other amounts receivable | 41 | €214,078 | €242,859 | +€28,781 | +13.4% |
| Cash at bank and in hand | 54/58 | €8,399 | €14,173 | +€5,775 | +68.8% |
| Deferred charges and accrued income | 490/1 | €27,163 | €4,469 | -€22,694 | -83.5% |
| Total equity and liabilities | 10/49 | €1,090,189 | €1,228,099 | +€137,910 | +12.7% |
| Equity | 10/15 | €116,323 | €128,546 | +€12,223 | +10.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €95,863 | €108,086 | +€12,223 | +12.8% |
| Distributable reserves | 133 | €95,863 | €108,086 | +€12,223 | +12.8% |
| Amounts payable | 17/49 | €973,865 | €1,099,552 | +€125,687 | +12.9% |
| Amounts payable after more than one year | 17 | €501,797 | €455,372 | -€46,425 | -9.3% |
| Financial debts | 170/4 | €501,797 | €455,372 | -€46,425 | -9.3% |
| Amounts payable within one year | 42/48 | €472,069 | €644,180 | +€172,112 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €56,337 | €46,425 | -€9,912 | -17.6% |
| Trade debts | 44 | €3,148 | €1,332 | -€1,816 | -57.7% |
| Suppliers | 440/4 | €3,148 | €1,332 | -€1,816 | -57.7% |
| Taxes, remuneration and social security | 45 | €15,560 | €25,366 | +€9,805 | +63.0% |
| Taxes | 450/3 | €15,504 | €19,466 | +€3,962 | +25.6% |
| Remuneration and social security | 454/9 | €56 | €5,899 | +€5,843 | +10,434% |
| Other amounts payable | 47/48 | €397,023 | €571,058 | +€174,034 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,528 | €48,426 | +€898 | +1.9% |
| Other operating charges | 640/8 | €2,467 | €10,964 | +€8,497 | +344% |
| Gross operating margin | 9900 | €74,075 | €89,583 | +€15,508 | +20.9% |
| Operating profit (loss) | 9901 | €24,081 | €30,193 | +€6,113 | +25.4% |
| Financial charges | 65/66B | €16,702 | €16,607 | -€95 | -0.6% |
| Recurring financial charges | 65 | €16,702 | €16,607 | -€95 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €7,379 | €13,586 | +€6,207 | +84.1% |
| Income taxes | 67/77 | €798 | €1,363 | +€566 | +70.9% |
| Profit (loss) for the period | 9904 | €6,581 | €12,223 | +€5,642 | +85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,581 | €12,223 | +€5,642 | +85.7% |
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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 2 November 2026 via checked.be.