VANHEUKELOM SIMON: what changed
VANHEUKELOM SIMON
Largest movements
- Tangible fixed assets -€16,610
down €16,610 (-51.9%), from €32,001 to €15,391
of which Furniture and vehicles: -€10,467
- Receivables within one year -€8,208
down €8,208 (-47.2%), from €17,384 to €9,176
of which Trade receivables: -€8,337
- Cash -€7,611
down €7,611 (-86.8%), from €8,768 to €1,157
mainly Net result for the year (-€23,926) and Other debts (-€6,608)
- Profit (loss) carried forward -€23,926
down €23,926 (-74.1%), from -€32,277 to -€56,203
- Other debts -€6,608
down €6,608 (-67.1%), from €9,849 to €3,241
- Trade debts -€1,612
down €1,612 (-48.5%), from €3,322 to €1,710
- Gross operating margin +€4,249
up €4,249 (+38.0%), from -€11,181 to -€6,932
- Depreciation -€944
down €944 (-5.4%), from €17,554 to €16,610
- Other operating charges -€191
down €191 (-36.6%), from €521 to €331
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,225 | €26,798 | -€32,428 | -54.8% |
| Fixed assets | 21/28 | €32,002 | €15,392 | -€16,610 | -51.9% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €32,001 | €15,391 | -€16,610 | -51.9% |
| Plant, machinery and equipment | 23 | €11,787 | €5,644 | -€6,143 | -52.1% |
| Furniture and vehicles | 24 | €20,214 | €9,748 | -€10,467 | -51.8% |
| Current assets | 29/58 | €27,223 | €11,405 | -€15,818 | -58.1% |
| Amounts receivable within one year | 40/41 | €17,384 | €9,176 | -€8,208 | -47.2% |
| Trade receivables | 40 | €9,619 | €1,283 | -€8,337 | -86.7% |
| Other amounts receivable | 41 | €7,765 | €7,894 | +€129 | +1.7% |
| Cash at bank and in hand | 54/58 | €8,768 | €1,157 | -€7,611 | -86.8% |
| Deferred charges and accrued income | 490/1 | €1,071 | €1,072 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €59,225 | €26,798 | -€32,428 | -54.8% |
| Equity | 10/15 | €45,534 | €21,608 | -€23,926 | -52.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,611 | €71,611 | = | 0.0% |
| Distributable reserves | 133 | €71,611 | €71,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,277 | -€56,203 | -€23,926 | -74.1% |
| Amounts payable | 17/49 | €13,691 | €5,190 | -€8,501 | -62.1% |
| Amounts payable within one year | 42/48 | €13,691 | €5,190 | -€8,501 | -62.1% |
| Trade debts | 44 | €3,322 | €1,710 | -€1,612 | -48.5% |
| Suppliers | 440/4 | €3,322 | €1,710 | -€1,612 | -48.5% |
| Taxes, remuneration and social security | 45 | €520 | €239 | -€281 | -54.1% |
| Taxes | 450/3 | €520 | €239 | -€281 | -54.1% |
| Other amounts payable | 47/48 | €9,849 | €3,241 | -€6,608 | -67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,554 | €16,610 | -€944 | -5.4% |
| Other operating charges | 640/8 | €521 | €331 | -€191 | -36.6% |
| Non-recurring operating charges | 66A | €116 | - | -€116 | |
| Gross operating margin | 9900 | -€11,181 | -€6,932 | +€4,249 | +38.0% |
| Operating profit (loss) | 9901 | -€29,372 | -€23,872 | +€5,499 | +18.7% |
| Financial income | 75/76B | €78 | - | -€78 | |
| Recurring financial income | 75 | €78 | - | -€78 | |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,345 | -€23,926 | +€5,419 | +18.5% |
| Profit (loss) for the period | 9904 | -€29,345 | -€23,926 | +€5,419 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,345 | -€23,926 | +€5,419 | +18.5% |
Next steps
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 7 November 2026 via checked.be.