Vanhessche Colm: what changed
Two financial 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.
Vanhessche Colm
Largest movements
- Receivables within one year -€14,116
down €14,116 (-46.4%), from €30,440 to €16,324
of which Trade receivables: -€13,673
- Deferred charges and accrued income -€11,491
down €11,491 (-88.5%), from €12,987 to €1,496
- Cash +€8,498
up €8,498 (+49.6%), from €17,134 to €25,632
mainly Net result for the year (+€36,091) and Receivables within one year (+€14,116)
- Debts after one year -€49,449
down €49,449 (-18.2%), from €271,294 to €221,845
- Reserves +€36,091
up €36,091 (+15.6%), from €230,753 to €266,844
- Financial charges +€4,887
up €4,887 (+101%), from €4,862 to €9,749
- Taxes -€2,110
down €2,110 (-13.3%), from €15,841 to €13,731
- Gross operating margin -€1,668
down €1,668 (-2.4%), from €70,421 to €68,753
- Financial income -€1,274
down €1,274 (-100%), from €1,274 to €0
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.
Derived cash bridge
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 | €580,799 | €558,748 | -€22,051 | -3.8% |
| Fixed assets | 21/28 | €520,238 | €515,297 | -€4,941 | -0.9% |
| Tangible fixed assets | 22/27 | €11,238 | €6,297 | -€4,941 | -44.0% |
| Furniture and vehicles | 24 | €11,238 | €6,297 | -€4,941 | -44.0% |
| Financial fixed assets | 28 | €509,000 | €509,000 | = | 0.0% |
| Current assets | 29/58 | €60,561 | €43,451 | -€17,110 | -28.3% |
| Amounts receivable within one year | 40/41 | €30,440 | €16,324 | -€14,116 | -46.4% |
| Trade receivables | 40 | €28,556 | €14,883 | -€13,673 | -47.9% |
| Other amounts receivable | 41 | €1,884 | €1,441 | -€443 | -23.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €17,134 | €25,632 | +€8,498 | +49.6% |
| Deferred charges and accrued income | 490/1 | €12,987 | €1,496 | -€11,491 | -88.5% |
| Total equity and liabilities | 10/49 | €580,799 | €558,748 | -€22,051 | -3.8% |
| Equity | 10/15 | €235,753 | €271,844 | +€36,091 | +15.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €230,753 | €266,844 | +€36,091 | +15.6% |
| Distributable reserves | 133 | €230,753 | €266,844 | +€36,091 | +15.6% |
| Amounts payable | 17/49 | €345,046 | €286,904 | -€58,142 | -16.9% |
| Amounts payable after more than one year | 17 | €271,294 | €221,845 | -€49,449 | -18.2% |
| Financial debts | 170/4 | €271,294 | €221,845 | -€49,449 | -18.2% |
| Amounts payable within one year | 42/48 | €73,752 | €64,883 | -€8,869 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €50,989 | €49,449 | -€1,539 | -3.0% |
| Trade debts | 44 | €3,490 | €1,572 | -€1,917 | -54.9% |
| Suppliers | 440/4 | €3,490 | €1,572 | -€1,917 | -54.9% |
| Taxes, remuneration and social security | 45 | €19,274 | €13,861 | -€5,412 | -28.1% |
| Taxes | 450/3 | €19,274 | €13,861 | -€5,412 | -28.1% |
| Accrued charges and deferred income | 492/3 | - | €176 | +€176 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,260 | €7,741 | +€481 | +6.6% |
| Other operating charges | 640/8 | €1,218 | €1,441 | +€223 | +18.3% |
| Gross operating margin | 9900 | €70,421 | €68,753 | -€1,668 | -2.4% |
| Operating profit (loss) | 9901 | €61,943 | €59,571 | -€2,371 | -3.8% |
| Financial income | 75/76B | €1,274 | €0 | -€1,274 | -100% |
| Recurring financial income | 75 | €1,274 | €0 | -€1,274 | -100% |
| Financial charges | 65/66B | €4,862 | €9,749 | +€4,887 | +101% |
| Recurring financial charges | 65 | €4,862 | €9,749 | +€4,887 | +101% |
| Profit (loss) for the period before taxes | 9903 | €58,354 | €49,822 | -€8,532 | -14.6% |
| Income taxes | 67/77 | €15,841 | €13,731 | -€2,110 | -13.3% |
| Profit (loss) for the period | 9904 | €42,513 | €36,091 | -€6,422 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,513 | €36,091 | -€6,422 | -15.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.