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.
Vanheule Technics
Largest movements
- 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
- 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
- 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
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 | €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.