Vanhoo Cartrading: 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.
Vanhoo Cartrading
Largest movements
- Stocks and contracts -€317,997
down €317,997 (-20.3%), from €1.6m to €1.2m
- Cash +€78,479
up €78,479 (+18.5%), from €424,394 to €502,873
mainly Stocks and contracts (+€317,997) and Accrued charges and deferred income (+€119,652)
- Receivables within one year -€55,115
down €55,115 (-13.7%), from €401,085 to €345,970
of which Other amounts receivable: -€76,355
- Other debts -€349,327
down €349,327 (-59.9%), from €583,137 to €233,810
- Accrued charges and deferred income +€119,652
up €119,652 (+1,717%), from €6,970 to €126,622
- Trade debts -€88,493
down €88,493 (-60.7%), from €145,834 to €57,341
- Profit (loss) carried forward +€51,594
up €51,594 (+6.3%), from €820,802 to €872,397
- Current portion of long-term debt -€36,384
down €36,384 (-79.0%), from €46,077 to €9,693
- Gross operating margin -€345,975
down €345,975 (-45.0%), from €769,554 to €423,579
- Staff costs -€35,842
down €35,842 (-11.4%), from €315,255 to €279,413
- Financial charges -€18,026
down €18,026 (-35.4%), from €50,859 to €32,833
- Depreciation -€14,557
down €14,557 (-38.1%), from €38,203 to €23,646
- Taxes -€10,737
down €10,737 (-26.2%), from €40,995 to €30,258
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 | €2,495,742 | €2,178,160 | -€317,582 | -12.7% |
| Fixed assets | 21/28 | €94,398 | €73,478 | -€20,919 | -22.2% |
| Tangible fixed assets | 22/27 | €94,063 | €73,143 | -€20,919 | -22.2% |
| Plant, machinery and equipment | 23 | €3,035 | €3,841 | +€806 | +26.5% |
| Furniture and vehicles | 24 | €58,468 | €43,375 | -€15,092 | -25.8% |
| Other tangible fixed assets | 26 | €32,560 | €25,927 | -€6,632 | -20.4% |
| Financial fixed assets | 28 | €335 | €335 | = | 0.0% |
| Current assets | 29/58 | €2,401,344 | €2,104,682 | -€296,663 | -12.4% |
| Stocks and contracts in progress | 3 | €1,565,441 | €1,247,444 | -€317,997 | -20.3% |
| Stocks | 30/36 | €1,565,441 | €1,247,444 | -€317,997 | -20.3% |
| Amounts receivable within one year | 40/41 | €401,085 | €345,970 | -€55,115 | -13.7% |
| Trade receivables | 40 | €102,154 | €123,394 | +€21,240 | +20.8% |
| Other amounts receivable | 41 | €298,931 | €222,576 | -€76,355 | -25.5% |
| Cash at bank and in hand | 54/58 | €424,394 | €502,873 | +€78,479 | +18.5% |
| Deferred charges and accrued income | 490/1 | €10,424 | €8,394 | -€2,030 | -19.5% |
| Total equity and liabilities | 10/49 | €2,495,742 | €2,178,160 | -€317,582 | -12.7% |
| Equity | 10/15 | €902,421 | €954,016 | +€51,594 | +5.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €19,619 | €19,619 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €13,419 | €13,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | €820,802 | €872,397 | +€51,594 | +6.3% |
| Amounts payable | 17/49 | €1,593,320 | €1,224,144 | -€369,176 | -23.2% |
| Amounts payable after more than one year | 17 | €32,900 | €23,207 | -€9,693 | -29.5% |
| Financial debts | 170/4 | €32,900 | €23,207 | -€9,693 | -29.5% |
| Amounts payable within one year | 42/48 | €1,553,450 | €1,074,316 | -€479,134 | -30.8% |
| Current portion of amounts payable after more than one year | 42 | €46,077 | €9,693 | -€36,384 | -79.0% |
| Financial debts | 43 | €750,000 | €750,000 | = | 0.0% |
| Credit institutions | 430/8 | €750,000 | €750,000 | = | 0.0% |
| Trade debts | 44 | €145,834 | €57,341 | -€88,493 | -60.7% |
| Suppliers | 440/4 | €145,834 | €57,341 | -€88,493 | -60.7% |
| Taxes, remuneration and social security | 45 | €28,403 | €23,472 | -€4,931 | -17.4% |
| Taxes | 450/3 | €995 | - | -€995 | |
| Remuneration and social security | 454/9 | €27,408 | €23,472 | -€3,936 | -14.4% |
| Other amounts payable | 47/48 | €583,137 | €233,810 | -€349,327 | -59.9% |
| Accrued charges and deferred income | 492/3 | €6,970 | €126,622 | +€119,652 | +1,717% |
| Non-recurring operating income | 76A | €1,042 | €500 | -€542 | -52.0% |
| Remuneration, social security and pensions | 62 | €315,255 | €279,413 | -€35,842 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,203 | €23,646 | -€14,557 | -38.1% |
| Other operating charges | 640/8 | €6,538 | €6,697 | +€159 | +2.4% |
| Gross operating margin | 9900 | €769,554 | €423,579 | -€345,975 | -45.0% |
| Operating profit (loss) | 9901 | €409,559 | €113,822 | -€295,736 | -72.2% |
| Financial income | 75/76B | €1,023 | €863 | -€160 | -15.7% |
| Recurring financial income | 75 | €1,023 | €863 | -€160 | -15.7% |
| Financial charges | 65/66B | €50,859 | €32,833 | -€18,026 | -35.4% |
| Recurring financial charges | 65 | €50,859 | €32,833 | -€18,026 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €359,722 | €81,852 | -€277,870 | -77.2% |
| Income taxes | 67/77 | €40,995 | €30,258 | -€10,737 | -26.2% |
| Profit (loss) for the period | 9904 | €318,727 | €51,594 | -€267,133 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €318,727 | €51,594 | -€267,133 | -83.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.