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Vanheule Technics: 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.

What changed

Vanheule Technics

BE 0746.894.060
NACE 28.300, Manufacture of machinery and equipment not elsewhere classified
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€8,003
2024 · €12,433-€4,430
Equity
€15,907
2024 · €7,904+€8,003
Cash
€2,138
2024 · €8,106-€5,969
Balance sheet total
€90,447
2024 · €85,248+€5,200

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€18,940

    up €18,940 (+89.9%), from €21,057 to €39,997

    of which Trade receivables: +€19,983

  • Stocks and contracts -€6,485

    down €6,485 (-13.0%), from €49,720 to €43,235

  • Cash -€5,969

    down €5,969 (-73.6%), from €8,106 to €2,138

    mainly Receivables within one year (-€18,940) and Trade debts (-€17,631)

  • Tangible fixed assets -€1,522

    down €1,522 (-26.2%), from €5,803 to €4,282

Equity and liabilities
  • Trade debts -€17,631

    down €17,631 (-71.9%), from €24,530 to €6,899

  • Other debts +€7,541

    up €7,541 (+14.3%), from €52,813 to €60,354

  • Tax, wage and social debts +€7,287

    new in 2025: €7,287

  • Reserves +€6,167

    up €6,167 (+85.2%), from €7,240 to €13,407

  • Profit (loss) carried forward +€1,836

    up €1,836, from -€1,836 to €0

Income statement
  • Gross operating margin -€1,976

    down €1,976 (-14.2%), from €13,943 to €11,967

  • Taxes +€1,586

    new in 2025: €1,586

  • Financial income -€696

    down €696 (-99.6%), from €699 to €3

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €12,433
Gross operating margin -€1,976
Depreciation -€133
Other operating charges -€26
Financial income -€696
Financial charges -€12
Taxes -€1,586
Result 2025 €8,003
lowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€5,969
Investment €0
Financing €0
Cash 2024 €8,106
Net result for the year +€8,003
Depreciation +€1,522
Stocks and contracts +€6,485
Receivables within one year -€18,940
Deferred charges and accrued income -€236
Trade debts -€17,631
Tax, wage and social debts +€7,287
Other debts +€7,541
Cash 2025 €2,138
brings cash intakes cash out
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €85,248 €90,447 +€5,200 +6.1%
Fixed assets 21/28 €5,803 €4,282 -€1,522 -26.2%
Tangible fixed assets 22/27 €5,803 €4,282 -€1,522 -26.2%
Plant, machinery and equipment 23 €5,803 €4,282 -€1,522 -26.2%
Current assets 29/58 €79,444 €86,166 +€6,722 +8.5%
Stocks and contracts in progress 3 €49,720 €43,235 -€6,485 -13.0%
Stocks 30/36 €49,720 €43,235 -€6,485 -13.0%
Amounts receivable within one year 40/41 €21,057 €39,997 +€18,940 +89.9%
Trade receivables 40 €19,249 €39,232 +€19,983 +104%
Other amounts receivable 41 €1,808 €765 -€1,043 -57.7%
Cash at bank and in hand 54/58 €8,106 €2,138 -€5,969 -73.6%
Deferred charges and accrued income 490/1 €560 €796 +€236 +42.1%
Total equity and liabilities 10/49 €85,248 €90,447 +€5,200 +6.1%
Equity 10/15 €7,904 €15,907 +€8,003 +101%
Contributions 10/11 €2,500 €2,500 = 0.0%
Reserves 13 €7,240 €13,407 +€6,167 +85.2%
Distributable reserves 133 €7,240 €13,407 +€6,167 +85.2%
Profit (loss) carried forward 14 -€1,836 €0 +€1,836
Amounts payable 17/49 €77,343 €74,540 -€2,803 -3.6%
Amounts payable within one year 42/48 €77,343 €74,540 -€2,803 -3.6%
Trade debts 44 €24,530 €6,899 -€17,631 -71.9%
Suppliers 440/4 €24,530 €6,899 -€17,631 -71.9%
Taxes, remuneration and social security 45 - €7,287 +€7,287
Taxes 450/3 - €7,287 +€7,287
Other amounts payable 47/48 €52,813 €60,354 +€7,541 +14.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,389 €1,522 +€133 +9.6%
Other operating charges 640/8 €765 €792 +€26 +3.4%
Gross operating margin 9900 €13,943 €11,967 -€1,976 -14.2%
Operating profit (loss) 9901 €11,788 €9,653 -€2,135 -18.1%
Financial income 75/76B €699 €3 -€696 -99.6%
Recurring financial income 75 €699 €3 -€696 -99.6%
Financial charges 65/66B €55 €67 +€12 +21.0%
Recurring financial charges 65 €55 €67 +€12 +21.0%
Profit (loss) for the period before taxes 9903 €12,433 €9,590 -€2,843 -22.9%
Income taxes 67/77 - €1,586 +€1,586
Profit (loss) for the period 9904 €12,433 €8,003 -€4,430 -35.6%
Profit (loss) for the period to be appropriated 9905 €12,433 €8,003 -€4,430 -35.6%

Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.