VANHERF: 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.
VANHERF
Largest movements
- Cash -€5,081
down €5,081 (-35.4%), from €14,340 to €9,259
mainly Other debts (-€6,498) and Net result for the year (-€1,763)
- Receivables within one year -€3,136
down €3,136 (-98.4%), from €3,185 to €50
- Other debts -€6,498
down €6,498 (-64.0%), from €10,150 to €3,652
- Profit (loss) carried forward -€1,763
down €1,763 (-4.7%), from -€37,162 to -€38,924
- Depreciation -€3,648
down €3,648 (-96.3%), from €3,786 to €139
- Gross operating margin -€385
down €385 (-117.7%), from -€327 to -€713
- Taxes -€173
down €173 (-58.9%), from €293 to €121
- Other operating charges +€83
up €83 (+12.5%), from €663 to €746
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 | €18,057 | €9,714 | -€8,342 | -46.2% |
| Fixed assets | 21/28 | €139 | €0 | -€139 | -100.0% |
| Tangible fixed assets | 22/27 | €139 | €0 | -€139 | -100.0% |
| Furniture and vehicles | 24 | €139 | €0 | -€139 | -100.0% |
| Current assets | 29/58 | €17,918 | €9,714 | -€8,204 | -45.8% |
| Amounts receivable within one year | 40/41 | €3,185 | €50 | -€3,136 | -98.4% |
| Trade receivables | 40 | €3,185 | €50 | -€3,136 | -98.4% |
| Cash at bank and in hand | 54/58 | €14,340 | €9,259 | -€5,081 | -35.4% |
| Deferred charges and accrued income | 490/1 | €393 | €406 | +€13 | +3.2% |
| Total equity and liabilities | 10/49 | €18,057 | €9,714 | -€8,342 | -46.2% |
| Equity | 10/15 | €7,613 | €5,850 | -€1,763 | -23.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €38,569 | €38,569 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,025 | €2,025 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,025 | €2,025 | = | 0.0% |
| Distributable reserves | 133 | €36,545 | €36,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,162 | -€38,924 | -€1,763 | -4.7% |
| Amounts payable | 17/49 | €10,444 | €3,864 | -€6,580 | -63.0% |
| Amounts payable within one year | 42/48 | €10,444 | €3,864 | -€6,580 | -63.0% |
| Trade debts | 44 | €0 | €91 | +€91 | |
| Suppliers | 440/4 | €0 | €91 | +€91 | |
| Taxes, remuneration and social security | 45 | €293 | €121 | -€173 | -58.9% |
| Taxes | 450/3 | €293 | €121 | -€173 | -58.9% |
| Other amounts payable | 47/48 | €10,150 | €3,652 | -€6,498 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,786 | €139 | -€3,648 | -96.3% |
| Other operating charges | 640/8 | €663 | €746 | +€83 | +12.5% |
| Gross operating margin | 9900 | -€327 | -€713 | -€385 | -117.7% |
| Operating profit (loss) | 9901 | -€4,777 | -€1,597 | +€3,180 | +66.6% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,822 | -€1,642 | +€3,180 | +65.9% |
| Income taxes | 67/77 | €293 | €121 | -€173 | -58.9% |
| Profit (loss) for the period | 9904 | -€5,115 | -€1,763 | +€3,352 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,115 | -€1,763 | +€3,352 | +65.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.