VANHEE ALAIN: 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.
VANHEE ALAIN
Largest movements
- Tangible fixed assets -€8,371
down €8,371 (-22.8%), from €36,789 to €28,418
of which Furniture and vehicles: -€6,811
- Receivables within one year -€4,916
down €4,916 (-43.8%), from €11,212 to €6,296
- Cash -€1,284
down €1,284 (-19.1%), from €6,715 to €5,431
mainly Current portion of long-term debt (-€21,834) and Net result for the year (-€6,241)
- Current portion of long-term debt -€21,834
down €21,834 (-80.4%), from €27,159 to €5,325
- Debts after one year +€17,134
new in 2025: €17,134
- Profit (loss) carried forward -€6,241
down €6,241 (-12.0%), from -€51,979 to -€58,220
- Trade debts -€3,843
down €3,843 (-28.0%), from €13,707 to €9,864
- Gross operating margin +€12,130
up €12,130, from -€736 to €11,394
- Depreciation +€5,714
up €5,714 (+215.1%), from €2,657 to €8,371
- Other operating charges +€3,027
up €3,027 (+79.7%), from €3,796 to €6,823
- Financial charges +€1,543
up €1,543 (+171.8%), from €898 to €2,441
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.
Cash bridge derived
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 | €57,031 | €42,180 | -€14,851 | -26.0% |
| Fixed assets | 21/28 | €36,789 | €28,418 | -€8,371 | -22.8% |
| Tangible fixed assets | 22/27 | €36,789 | €28,418 | -€8,371 | -22.8% |
| Plant, machinery and equipment | 23 | €4,050 | €2,490 | -€1,560 | -38.5% |
| Furniture and vehicles | 24 | €32,739 | €25,928 | -€6,811 | -20.8% |
| Current assets | 29/58 | €20,242 | €13,762 | -€6,480 | -32.0% |
| Stocks and contracts in progress | 3 | €2,315 | €2,035 | -€280 | -12.1% |
| Stocks | 30/36 | €2,315 | €2,035 | -€280 | -12.1% |
| Amounts receivable within one year | 40/41 | €11,212 | €6,296 | -€4,916 | -43.8% |
| Other amounts receivable | 41 | €11,212 | €6,296 | -€4,916 | -43.8% |
| Cash at bank and in hand | 54/58 | €6,715 | €5,431 | -€1,284 | -19.1% |
| Total equity and liabilities | 10/49 | €57,031 | €42,180 | -€14,851 | -26.0% |
| Equity | 10/15 | -€43,919 | -€50,160 | -€6,241 | -14.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€51,979 | -€58,220 | -€6,241 | -12.0% |
| Amounts payable | 17/49 | €100,950 | €92,340 | -€8,610 | -8.5% |
| Amounts payable after more than one year | 17 | - | €17,134 | +€17,134 | |
| Financial debts | 170/4 | - | €17,134 | +€17,134 | |
| Amounts payable within one year | 42/48 | €100,950 | €75,206 | -€25,744 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €27,159 | €5,325 | -€21,834 | -80.4% |
| Trade debts | 44 | €13,707 | €9,864 | -€3,843 | -28.0% |
| Suppliers | 440/4 | €13,707 | €9,864 | -€3,843 | -28.0% |
| Other amounts payable | 47/48 | €60,084 | €60,017 | -€67 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,657 | €8,371 | +€5,714 | +215.1% |
| Other operating charges | 640/8 | €3,796 | €6,823 | +€3,027 | +79.7% |
| Gross operating margin | 9900 | -€736 | €11,394 | +€12,130 | |
| Operating profit (loss) | 9901 | -€7,189 | -€3,800 | +€3,389 | +47.1% |
| Financial charges | 65/66B | €898 | €2,441 | +€1,543 | +171.8% |
| Recurring financial charges | 65 | €898 | €2,441 | +€1,543 | +171.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,087 | -€6,241 | +€1,846 | +22.8% |
| Profit (loss) for the period | 9904 | -€8,087 | -€6,241 | +€1,846 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,087 | -€6,241 | +€1,846 | +22.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.