VANHOUTTE CARPETS: 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
VANHOUTTE CARPETS
NACE 13.200, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€129,951
2024 · €361,394-€231,443
Equity
€503,121
2024 · €1.3m-€805,595
Cash
€601,440
2024 · €580,620+€20,820
Balance sheet total
€2.9m
2024 · €3.9m-€972,877
Largest movements
Assets
- Tangible fixed assets -€1.0m
down €1.0m (-69.3%), from €1.5m to €454,435
of which Land and buildings: -€766,141
- Deferred charges and accrued income +€165,541
up €165,541 (+2,382%), from €6,951 to €172,492
- Receivables within one year -€143,629
down €143,629 (-20.8%), from €689,071 to €545,442
of which Trade receivables: -€163,376
Equity and liabilities
- Reserves -€804,899
down €804,899 (-64.6%), from €1.2m to €441,569
of which Distributable reserves: -€745,060
- Debts after one year -€132,130
down €132,130 (-8.1%), from €1.6m to €1.5m
- Trade debts +€78,627
up €78,627 (+21.5%), from €366,472 to €445,100
- Provisions -€59,750
down €59,750 (-100%), from €59,750 to €0
- Other debts -€58,478
down €58,478 (-21.4%), from €272,843 to €214,366
Income statement
- Gross operating margin -€354,918
down €354,918 (-23.2%), from €1.5m to €1.2m
- Other operating charges +€118,514
up €118,514 (+339%), from €34,932 to €153,446
- Write-downs -€108,243
down €108,243 (-917%), from -€11,799 to -€120,042
- Depreciation -€92,272
down €92,272 (-41.4%), from €223,003 to €130,731
- Taxes -€62,862
down €62,862 (-80.9%), from €77,725 to €14,863
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
€361,394
Gross operating margin
-€354,918
Staff costs
-€24,942
Depreciation
+€92,272
Write-downs
+€108,243
Other operating charges
-€118,514
Financial income
-€1,084
Financial charges
+€8,432
Taxes
+€62,862
Deferred taxes and other
-€3,794
Result 2025
€129,951
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€193,073
Investment
+€894,065
Financing
-€1.1m
Cash 2024
€580,620
From operations (derived)
+€193,073
Net result for the year
+€129,951
Depreciation
+€130,731
Stocks and contracts
-€9,186
Receivables within one year
+€143,629
Deferred charges and accrued income
-€165,541
Provisions
-€59,750
Trade debts
+€78,627
Tax, wage and social debts
+€4,689
Other debts
-€58,478
Accrued charges and deferred income
-€1,600
Investment (derived)
+€894,065
Investment in fixed assets (net)
+€894,065
Financing
-€1.1m
Debts after one year
-€132,130
Current portion of long-term debt
+€1,359
Contributions, distributions and other
-€935,546
Cash 2025
€601,440
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,887,757 | €2,914,879 | -€972,877 | -25.0% |
| Fixed assets | 21/28 | €1,479,280 | €454,484 | -€1.0m | -69.3% |
| Tangible fixed assets | 22/27 | €1,479,230 | €454,435 | -€1.0m | -69.3% |
| Land and buildings | 22 | €1,082,621 | €316,480 | -€766,141 | -70.8% |
| Plant, machinery and equipment | 23 | €250,703 | €34,161 | -€216,541 | -86.4% |
| Furniture and vehicles | 24 | €145,906 | €103,793 | -€42,113 | -28.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €2,408,477 | €2,460,395 | +€51,918 | +2.2% |
| Stocks and contracts in progress | 3 | €531,835 | €541,021 | +€9,186 | +1.7% |
| Stocks | 30/36 | €531,835 | €541,021 | +€9,186 | +1.7% |
| Amounts receivable within one year | 40/41 | €689,071 | €545,442 | -€143,629 | -20.8% |
| Trade receivables | 40 | €649,062 | €485,686 | -€163,376 | -25.2% |
| Other amounts receivable | 41 | €40,010 | €59,756 | +€19,747 | +49.4% |
| Current investments | 50/53 | €600,000 | €600,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €580,620 | €601,440 | +€20,820 | +3.6% |
| Deferred charges and accrued income | 490/1 | €6,951 | €172,492 | +€165,541 | +2,382% |
| Total equity and liabilities | 10/49 | €3,887,757 | €2,914,879 | -€972,877 | -25.0% |
| Equity | 10/15 | €1,308,716 | €503,121 | -€805,595 | -61.6% |
| Contributions | 10/11 | €62,248 | €61,551 | -€696 | -1.1% |
| Capital | 10 | €62,099 | €61,500 | -€599 | -1.0% |
| Issued capital | 100 | €62,099 | €61,500 | -€599 | -1.0% |
| Contributions outside capital | 11 | €149 | €51 | -€97 | -65.4% |
| Share premium | 1100/10 | €149 | €51 | -€97 | -65.4% |
| Reserves | 13 | €1,246,468 | €441,569 | -€804,899 | -64.6% |
| Non-distributable reserves | 130/1 | €6,225 | €6,150 | -€75 | -1.2% |
| Legal reserve | 130 | €6,225 | €6,150 | -€75 | -1.2% |
| Tax-exempt reserves | 132 | €117,028 | €57,264 | -€59,764 | -51.1% |
| Distributable reserves | 133 | €1,123,215 | €378,155 | -€745,060 | -66.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €59,750 | €0 | -€59,750 | -100% |
| Deferred taxes | 168 | €59,750 | €0 | -€59,750 | -100% |
| Amounts payable | 17/49 | €2,519,291 | €2,411,759 | -€107,532 | -4.3% |
| Amounts payable after more than one year | 17 | €1,622,395 | €1,490,265 | -€132,130 | -8.1% |
| Financial debts | 170/4 | €1,622,395 | €1,490,265 | -€132,130 | -8.1% |
| Amounts payable within one year | 42/48 | €890,475 | €916,673 | +€26,198 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €130,771 | €132,130 | +€1,359 | +1.0% |
| Trade debts | 44 | €366,472 | €445,100 | +€78,627 | +21.5% |
| Suppliers | 440/4 | €366,472 | €445,100 | +€78,627 | +21.5% |
| Taxes, remuneration and social security | 45 | €120,388 | €125,077 | +€4,689 | +3.9% |
| Taxes | 450/3 | €21,805 | €30,315 | +€8,510 | +39.0% |
| Remuneration and social security | 454/9 | €98,584 | €94,762 | -€3,821 | -3.9% |
| Other amounts payable | 47/48 | €272,843 | €214,366 | -€58,478 | -21.4% |
| Accrued charges and deferred income | 492/3 | €6,420 | €4,821 | -€1,600 | -24.9% |
| Remuneration, social security and pensions | 62 | €838,344 | €863,285 | +€24,942 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223,003 | €130,731 | -€92,272 | -41.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,799 | -€120,042 | -€108,243 | -917% |
| Other operating charges | 640/8 | €34,932 | €153,446 | +€118,514 | +339% |
| Gross operating margin | 9900 | €1,530,567 | €1,175,649 | -€354,918 | -23.2% |
| Operating profit (loss) | 9901 | €446,087 | €148,228 | -€297,858 | -66.8% |
| Financial income | 75/76B | €35,966 | €34,881 | -€1,084 | -3.0% |
| Recurring financial income | 75 | €35,966 | €34,881 | -€1,084 | -3.0% |
| Financial charges | 65/66B | €46,728 | €38,296 | -€8,432 | -18.0% |
| Recurring financial charges | 65 | €46,728 | €38,296 | -€8,432 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €435,324 | €144,814 | -€290,510 | -66.7% |
| Transfer from deferred taxes | 780 | €3,794 | €0 | -€3,794 | -100% |
| Income taxes | 67/77 | €77,725 | €14,863 | -€62,862 | -80.9% |
| Profit (loss) for the period | 9904 | €361,394 | €129,951 | -€231,443 | -64.0% |
| Transfer from tax-exempt reserves | 789 | €7,368 | €3,860 | -€3,509 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €368,762 | €133,811 | -€234,951 | -63.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.