vanhout.pro: 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
vanhout.pro
NACE 41.003, General construction of other non-residential buildings
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6.6m
2024 · €5.3m+€1.2m
Equity
€10.0m
2024 · €7.8m+€2.2m
Cash
€4.0m
2024 · €5.1m-€1.2m
Balance sheet total
€42.4m
2024 · €36.7m+€5.7m
Largest movements
Assets
- Receivables within one year +€4.2m
up €4.2m (+18.6%), from €22.6m to €26.8m
of which Other amounts receivable: +€3.8m
- Stocks and contracts +€3.5m
up €3.5m (+91.1%), from €3.9m to €7.4m
of which Contracts in progress: +€3.1m
- Cash -€1.2m
down €1.2m (-23.0%), from €5.1m to €4.0m
mainly Contributions, distributions and other (-€4.4m) and Receivables within one year (-€4.2m)
- Deferred charges and accrued income -€472,504
down €472,504 (-43.7%), from €1.1m to €607,927
Equity and liabilities
- Profit (loss) carried forward +€2.2m
up €2.2m (+31.2%), from €7.0m to €9.2m
- Advances received +€1.8m
up €1.8m (+105.8%), from €1.7m to €3.6m
- Trade debts +€1.8m
up €1.8m (+8.8%), from €20.5m to €22.3m
Income statement
- Goods and materials +€4.9m
up €4.9m (+7.7%), from €63.7m to €68.6m
of which Purchases: +€5.4m
- Turnover +€4.6m
up €4.6m (+5.4%), from €84.8m to €89.4m
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.
Result 2024
€5.3m
Turnover
+€4.6m
Other operating income
+€7,222
Goods and materials
-€4.9m
Services and other goods
-€822,800
Staff costs
-€774,005
Depreciation
+€135,288
Provisions
-€131,345
Other operating charges
-€97,610
Other operating items
+€3.6m
Financial income
+€113,980
Financial charges
+€15,894
Taxes
-€504,196
Result 2025
€6.6m
Cash bridge derived
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
+€3.7m
Investment
-€406,928
Financing
-€4.5m
Cash 2024
€5.1m
From operations (derived)
+€3.7m
Net result for the year
+€6.6m
Depreciation
+€753,468
Stocks and contracts
-€3.5m
Receivables within one year
-€4.2m
Deferred charges and accrued income
+€472,504
Provisions
+€100,000
Trade debts
+€1.8m
Tax, wage and social debts
+€65,634
Advances received
+€1.8m
Other debts
-€135,265
Accrued charges and deferred income
-€3,384
Investment (derived)
-€406,928
Investment in fixed assets (net)
-€406,928
Financing
-€4.5m
Debts after one year
-€55,133
Current portion of long-term debt
-€74,441
Contributions, distributions and other
-€4.4m
Cash 2025
€4.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,696,326 | €42,436,850 | +€5.7m | +15.6% |
| Fixed assets | 21/28 | €3,999,231 | €3,652,690 | -€346,541 | -8.7% |
| Tangible fixed assets | 22/27 | €3,779,731 | €3,488,530 | -€291,200 | -7.7% |
| Land and buildings | 22 | €1,653,048 | €1,555,962 | -€97,086 | -5.9% |
| Plant, machinery and equipment | 23 | €1,136,437 | €1,013,572 | -€122,864 | -10.8% |
| Furniture and vehicles | 24 | €990,246 | €918,996 | -€71,250 | -7.2% |
| Financial fixed assets | 28 | €219,500 | €164,160 | -€55,340 | -25.2% |
| Companies linked by participating interests | 282/3 | €100,000 | €44,660 | -€55,340 | -55.3% |
| Participating interests | 282 | €100,000 | €44,660 | -€55,340 | -55.3% |
| Other financial fixed assets | 284/8 | €119,500 | €119,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €119,500 | €119,500 | = | 0.0% |
| Current assets | 29/58 | €32,697,095 | €38,784,160 | +€6.1m | +18.6% |
| Stocks and contracts in progress | 3 | €3,893,488 | €7,440,333 | +€3.5m | +91.1% |
| Stocks | 30/36 | €144,652 | €586,849 | +€442,197 | +305.7% |
| Raw materials and consumables | 30/31 | €137,218 | €130,729 | -€6,490 | -4.7% |
| Advance payments | 36 | €7,434 | €456,120 | +€448,687 | +6035.9% |
| Contracts in progress | 37 | €3,748,836 | €6,853,485 | +€3.1m | +82.8% |
| Amounts receivable within one year | 40/41 | €22,565,206 | €26,760,959 | +€4.2m | +18.6% |
| Trade receivables | 40 | €14,041,997 | €14,427,062 | +€385,065 | +2.7% |
| Other amounts receivable | 41 | €8,523,209 | €12,333,897 | +€3.8m | +44.7% |
| Current investments | 50/53 | €12,500 | €12,500 | = | 0.0% |
| Other investments | 51/53 | €12,500 | €12,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,145,470 | €3,962,439 | -€1.2m | -23.0% |
| Deferred charges and accrued income | 490/1 | €1,080,431 | €607,927 | -€472,504 | -43.7% |
| Total equity and liabilities | 10/49 | €36,696,326 | €42,436,850 | +€5.7m | +15.6% |
| Equity | 10/15 | €7,800,000 | €10,000,000 | +€2.2m | +28.2% |
| Contributions | 10/11 | €228,340 | €228,340 | = | 0.0% |
| Capital | 10 | €228,340 | €228,340 | = | 0.0% |
| Issued capital | 100 | €228,340 | €228,340 | = | 0.0% |
| Reserves | 13 | €526,078 | €526,078 | = | 0.0% |
| Non-distributable reserves | 130/1 | €118,737 | €118,737 | = | 0.0% |
| Legal reserve | 130 | €22,834 | €22,834 | = | 0.0% |
| Reserves not available under the articles | 1311 | €95,903 | €95,903 | = | 0.0% |
| Tax-exempt reserves | 132 | €104,250 | €104,250 | = | 0.0% |
| Distributable reserves | 133 | €303,091 | €303,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,045,582 | €9,245,582 | +€2.2m | +31.2% |
| Provisions and deferred taxes | 16 | €150,200 | €250,200 | +€100,000 | +66.6% |
| Provisions for liabilities and charges | 160/5 | €150,200 | €250,200 | +€100,000 | +66.6% |
| Other liabilities and charges | 164/5 | €150,200 | €250,200 | +€100,000 | +66.6% |
| Amounts payable | 17/49 | €28,746,126 | €32,186,650 | +€3.4m | +12.0% |
| Amounts payable after more than one year | 17 | €55,133 | - | -€55,133 | |
| Financial debts | 170/4 | €55,133 | - | -€55,133 | |
| Credit institutions | 173 | €55,133 | - | -€55,133 | |
| Amounts payable within one year | 42/48 | €28,684,361 | €32,183,402 | +€3.5m | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €129,574 | €55,133 | -€74,441 | -57.5% |
| Trade debts | 44 | €20,508,179 | €22,312,602 | +€1.8m | +8.8% |
| Suppliers | 440/4 | €20,508,179 | €22,312,602 | +€1.8m | +8.8% |
| Advances received on contracts in progress | 46 | €1,737,082 | €3,575,770 | +€1.8m | +105.8% |
| Taxes, remuneration and social security | 45 | €1,811,546 | €1,877,180 | +€65,634 | +3.6% |
| Taxes | 450/3 | €661,775 | €484,706 | -€177,069 | -26.8% |
| Remuneration and social security | 454/9 | €1,149,771 | €1,392,474 | +€242,703 | +21.1% |
| Other amounts payable | 47/48 | €4,497,981 | €4,362,716 | -€135,265 | -3.0% |
| Accrued charges and deferred income | 492/3 | €6,632 | €3,248 | -€3,384 | -51.0% |
| Operating income | 70/76A | €84,217,095 | €92,696,926 | +€8.5m | +10.1% |
| Turnover | 70 | €84,752,035 | €89,362,412 | +€4.6m | +5.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€782,571 | €3,104,649 | +€3.9m | |
| Other operating income | 74 | €177,883 | €185,106 | +€7,222 | +4.1% |
| Non-recurring operating income | 76A | €69,748 | €44,760 | -€24,988 | -35.8% |
| Operating charges | 60/66A | €77,171,562 | €84,052,228 | +€6.9m | +8.9% |
| Goods for resale, raw materials and consumables | 60 | €63,733,263 | €68,612,156 | +€4.9m | +7.7% |
| Purchases | 600/8 | €63,684,756 | €69,054,353 | +€5.4m | +8.4% |
| Change in stocks: decrease (increase) | 609 | €48,507 | -€442,197 | -€490,704 | |
| Services and other goods | 61 | €2,970,216 | €3,793,016 | +€822,800 | +27.7% |
| Remuneration, social security and pensions | 62 | €9,556,712 | €10,330,717 | +€774,005 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €888,756 | €753,468 | -€135,288 | -15.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€31,345 | €100,000 | +€131,345 | |
| Other operating charges | 640/8 | €53,603 | €151,213 | +€97,610 | +182.1% |
| Non-recurring operating charges | 66A | €357 | €311,658 | +€311,300 | +87155.1% |
| Operating profit (loss) | 9901 | €7,045,533 | €8,644,699 | +€1.6m | +22.7% |
| Financial income | 75/76B | €317,198 | €431,178 | +€113,980 | +35.9% |
| Recurring financial income | 75 | €317,198 | €431,178 | +€113,980 | +35.9% |
| Other financial income | 752/9 | €317,198 | €431,178 | +€113,980 | +35.9% |
| Financial charges | 65/66B | €162,281 | €146,387 | -€15,894 | -9.8% |
| Recurring financial charges | 65 | €162,281 | €91,047 | -€71,234 | -43.9% |
| Debt charges | 650 | €12,376 | €4,832 | -€7,544 | -61.0% |
| Other financial charges | 652/9 | €149,905 | €86,215 | -€63,690 | -42.5% |
| Non-recurring financial charges | 66B | - | €55,340 | +€55,340 | |
| Profit (loss) for the period before taxes | 9903 | €7,200,450 | €8,929,490 | +€1.7m | +24.0% |
| Income taxes | 67/77 | €1,862,578 | €2,366,774 | +€504,196 | +27.1% |
| Taxes | 670/3 | €1,890,858 | €2,393,483 | +€502,626 | +26.6% |
| Tax adjustments and reversals of tax provisions | 77 | €28,280 | €26,710 | -€1,570 | -5.6% |
| Profit (loss) for the period | 9904 | €5,337,873 | €6,562,716 | +€1.2m | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,337,873 | €6,562,716 | +€1.2m | +22.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.