VANHOOYDONCK: what changed
What changed
VANHOOYDONCK
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€28,512
2024 · €26,928+€1,583
Equity
€141,821
2024 · €190,970-€49,149
Cash
€78,521
2024 · €143,703-€65,182
Balance sheet total
€229,139
2024 · €319,285-€90,146
Largest movements
Assets
- Cash -€65,182
down €65,182 (-45.4%), from €143,703 to €78,521
mainly Contributions, distributions and other (-€77,660) and Other debts (-€16,662)
- Receivables within one year -€12,463
down €12,463 (-49.5%), from €25,184 to €12,721
of which Trade receivables: -€6,838
- Tangible fixed assets -€9,777
down €9,777 (-27.4%), from €35,646 to €25,869
of which Furniture and vehicles: -€11,439
- Stocks and contracts -€4,014
down €4,014 (-3.5%), from €113,467 to €109,453
Equity and liabilities
- Reserves -€49,149
down €49,149 (-33.8%), from €145,364 to €96,215
- Other debts -€16,662
down €16,662 (-26.6%), from €62,724 to €46,062
- Accrued charges and deferred income -€9,956
down €9,956 (-100%), from €9,956 to €0
- Current portion of long-term debt -€5,657
down €5,657 (-45.1%), from €12,544 to €6,887
- Debts after one year -€5,625
down €5,625 (-25.1%), from €22,411 to €16,787
Income statement
- Gross operating margin +€7,567
up €7,567 (+13.4%), from €56,473 to €64,040
- Depreciation +€4,729
up €4,729 (+54.0%), from €8,755 to €13,484
- Financial income -€871
down €871 (-45.8%), from €1,903 to €1,032
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.
Result 2024
€26,928
Gross operating margin
+€7,567
Staff costs
+€272
Depreciation
-€4,729
Write-downs
+€255
Other operating charges
+€170
Financial income
-€871
Financial charges
-€511
Taxes
-€570
Result 2025
€28,512
raises the resultlowers the result
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.
From operations
+€27,467
Investment
-€3,707
Financing
-€88,942
Cash 2024
€143,703
From operations (derived)
+€27,467
Net result for the year
+€28,512
Depreciation
+€13,484
Stocks and contracts
+€4,014
Receivables within one year
+€12,463
Deferred charges and accrued income
-€1,289
Trade debts
-€412
Tax, wage and social debts
-€2,687
Other debts
-€16,662
Accrued charges and deferred income
-€9,956
Investment (derived)
-€3,707
Investment in fixed assets (net)
-€3,707
Financing
-€88,942
Debts after one year
-€5,625
Current portion of long-term debt
-€5,657
Contributions, distributions and other
-€77,660
Cash 2025
€78,521
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €319,285 | €229,139 | -€90,146 | -28.2% |
| Fixed assets | 21/28 | €35,857 | €26,079 | -€9,777 | -27.3% |
| Tangible fixed assets | 22/27 | €35,646 | €25,869 | -€9,777 | -27.4% |
| Plant, machinery and equipment | 23 | €705 | €2,367 | +€1,662 | +236% |
| Furniture and vehicles | 24 | €34,941 | €23,501 | -€11,439 | -32.7% |
| Financial fixed assets | 28 | €211 | €211 | = | 0.0% |
| Current assets | 29/58 | €283,428 | €203,059 | -€80,369 | -28.4% |
| Stocks and contracts in progress | 3 | €113,467 | €109,453 | -€4,014 | -3.5% |
| Stocks | 30/36 | €113,467 | €109,453 | -€4,014 | -3.5% |
| Amounts receivable within one year | 40/41 | €25,184 | €12,721 | -€12,463 | -49.5% |
| Trade receivables | 40 | €18,611 | €11,773 | -€6,838 | -36.7% |
| Other amounts receivable | 41 | €6,573 | €948 | -€5,625 | -85.6% |
| Cash at bank and in hand | 54/58 | €143,703 | €78,521 | -€65,182 | -45.4% |
| Deferred charges and accrued income | 490/1 | €1,075 | €2,364 | +€1,289 | +120% |
| Total equity and liabilities | 10/49 | €319,285 | €229,139 | -€90,146 | -28.2% |
| Equity | 10/15 | €190,970 | €141,821 | -€49,149 | -25.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €145,364 | €96,215 | -€49,149 | -33.8% |
| Distributable reserves | 133 | €145,364 | €96,215 | -€49,149 | -33.8% |
| Profit (loss) carried forward | 14 | €40,606 | €40,606 | = | 0.0% |
| Amounts payable | 17/49 | €128,315 | €87,318 | -€40,998 | -32.0% |
| Amounts payable after more than one year | 17 | €22,411 | €16,787 | -€5,625 | -25.1% |
| Financial debts | 170/4 | €22,411 | €16,787 | -€5,625 | -25.1% |
| Amounts payable within one year | 42/48 | €95,948 | €70,531 | -€25,417 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €12,544 | €6,887 | -€5,657 | -45.1% |
| Trade debts | 44 | €9,800 | €9,388 | -€412 | -4.2% |
| Suppliers | 440/4 | €9,800 | €9,388 | -€412 | -4.2% |
| Taxes, remuneration and social security | 45 | €10,881 | €8,194 | -€2,687 | -24.7% |
| Taxes | 450/3 | €10,881 | €8,194 | -€2,687 | -24.7% |
| Other amounts payable | 47/48 | €62,724 | €46,062 | -€16,662 | -26.6% |
| Accrued charges and deferred income | 492/3 | €9,956 | €0 | -€9,956 | -100% |
| Non-recurring operating income | 76A | €4,959 | €0 | -€4,959 | -100% |
| Remuneration, social security and pensions | 62 | €619 | €347 | -€272 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,755 | €13,484 | +€4,729 | +54.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,249 | €6,993 | -€255 | -3.5% |
| Other operating charges | 640/8 | €879 | €709 | -€170 | -19.3% |
| Gross operating margin | 9900 | €56,473 | €64,040 | +€7,567 | +13.4% |
| Operating profit (loss) | 9901 | €38,971 | €42,507 | +€3,535 | +9.1% |
| Financial income | 75/76B | €1,903 | €1,032 | -€871 | -45.8% |
| Recurring financial income | 75 | €1,903 | €1,032 | -€871 | -45.8% |
| Financial charges | 65/66B | €705 | €1,216 | +€511 | +72.5% |
| Recurring financial charges | 65 | €705 | €1,216 | +€511 | +72.5% |
| Profit (loss) for the period before taxes | 9903 | €40,169 | €42,323 | +€2,154 | +5.4% |
| Income taxes | 67/77 | €13,241 | €13,811 | +€570 | +4.3% |
| Profit (loss) for the period | 9904 | €26,928 | €28,512 | +€1,583 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,928 | €28,512 | +€1,583 | +5.9% |
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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.