Vanhout Metaal: what changed
Vanhout Metaal
Largest movements
- Receivables within one year +€59,219
up €59,219 (+479%), from €12,375 to €71,594
of which Trade receivables: +€42,858
- Tangible fixed assets -€13,462
down €13,462 (-42.8%), from €31,423 to €17,961
of which Plant, machinery and equipment: -€11,509
- Stocks and contracts -€11,220
down €11,220 (-13.1%), from €85,780 to €74,560
of which Contracts in progress: -€10,000
- Other debts +€30,023
up €30,023 (+14.8%), from €203,174 to €233,198
- Profit (loss) carried forward +€3,573
up €3,573 (+3.4%), from -€104,584 to -€101,010
- Short-term financial debts +€2,853
up €2,853 (+1,038%), from €275 to €3,128
- Trade debts +€2,246
up €2,246 (+153%), from €1,471 to €3,717
- Tax, wage and social debts -€2,082
down €2,082 (-57.3%), from €3,632 to €1,550
of which Remuneration and social security: -€1,303
- Gross operating margin +€75,641
up €75,641, from -€57,676 to €17,965
- Depreciation -€1,383
down €1,383 (-9.3%), from €14,846 to €13,462
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
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,579 | €164,116 | +€34,537 | +26.7% |
| Fixed assets | 21/28 | €31,423 | €17,961 | -€13,462 | -42.8% |
| Tangible fixed assets | 22/27 | €31,423 | €17,961 | -€13,462 | -42.8% |
| Plant, machinery and equipment | 23 | €27,370 | €15,861 | -€11,509 | -42.0% |
| Furniture and vehicles | 24 | €4,053 | €2,100 | -€1,953 | -48.2% |
| Current assets | 29/58 | €98,156 | €146,154 | +€47,999 | +48.9% |
| Stocks and contracts in progress | 3 | €85,780 | €74,560 | -€11,220 | -13.1% |
| Stocks | 30/36 | €13,436 | €12,216 | -€1,220 | -9.1% |
| Contracts in progress | 37 | €72,344 | €62,344 | -€10,000 | -13.8% |
| Amounts receivable within one year | 40/41 | €12,375 | €71,594 | +€59,219 | +479% |
| Trade receivables | 40 | €4,092 | €46,949 | +€42,858 | +1,047% |
| Other amounts receivable | 41 | €8,284 | €24,645 | +€16,361 | +198% |
| Total equity and liabilities | 10/49 | €129,579 | €164,116 | +€34,537 | +26.7% |
| Equity | 10/15 | -€89,871 | -€86,298 | +€3,573 | +4.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,313 | €2,313 | = | 0.0% |
| Distributable reserves | 133 | €2,313 | €2,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,584 | -€101,010 | +€3,573 | +3.4% |
| Amounts payable | 17/49 | €219,450 | €250,413 | +€30,963 | +14.1% |
| Amounts payable after more than one year | 17 | €10,897 | €8,820 | -€2,077 | -19.1% |
| Financial debts | 170/4 | €10,897 | €8,820 | -€2,077 | -19.1% |
| Amounts payable within one year | 42/48 | €208,553 | €241,593 | +€33,040 | +15.8% |
| Financial debts | 43 | €275 | €3,128 | +€2,853 | +1,038% |
| Credit institutions | 430/8 | €275 | €3,128 | +€2,853 | +1,038% |
| Trade debts | 44 | €1,471 | €3,717 | +€2,246 | +153% |
| Suppliers | 440/4 | €1,471 | €3,717 | +€2,246 | +153% |
| Taxes, remuneration and social security | 45 | €3,632 | €1,550 | -€2,082 | -57.3% |
| Taxes | 450/3 | €1,098 | €320 | -€779 | -70.9% |
| Remuneration and social security | 454/9 | €2,534 | €1,231 | -€1,303 | -51.4% |
| Other amounts payable | 47/48 | €203,174 | €233,198 | +€30,023 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,846 | €13,462 | -€1,383 | -9.3% |
| Other operating charges | 640/8 | €1,282 | €757 | -€526 | -41.0% |
| Gross operating margin | 9900 | -€57,676 | €17,965 | +€75,641 | |
| Operating profit (loss) | 9901 | -€73,804 | €3,746 | +€77,550 | |
| Financial income | 75/76B | €4 | €182 | +€179 | +4,787% |
| Recurring financial income | 75 | €4 | €182 | +€179 | +4,787% |
| Financial charges | 65/66B | €670 | €210 | -€460 | -68.6% |
| Recurring financial charges | 65 | €670 | €210 | -€460 | -68.6% |
| Profit (loss) for the period before taxes | 9903 | -€74,470 | €3,718 | +€78,189 | |
| Income taxes | 67/77 | €174 | €145 | -€29 | -16.8% |
| Profit (loss) for the period | 9904 | -€74,645 | €3,573 | +€78,218 | |
| Profit (loss) for the period to be appropriated | 9905 | -€74,645 | €3,573 | +€78,218 |
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 1 November 2026 via checked.be.