VANHOUTTE Jean-Philip: 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.
VANHOUTTE Jean-Philip
Largest movements
- Tangible fixed assets -€144,662
down €144,662 (-5.2%), from €2.8m to €2.6m
of which Land and buildings: -€128,192
- Cash +€75,224
up €75,224 (+122%), from €61,833 to €137,056
mainly Depreciation (+€144,662) and Net result for the year (+€90,253)
- Receivables within one year +€41,572
up €41,572 (+4.9%), from €856,396 to €897,968
of which Other amounts receivable: +€40,620
- Debts after one year -€181,238
down €181,238 (-12.6%), from €1.4m to €1.3m
of which Financial debts: -€181,238
- Reserves +€90,253
up €90,253 (+8.6%), from €1.1m to €1.1m
of which Distributable reserves: +€90,253
- Other debts +€59,493
up €59,493 (+7.7%), from €774,097 to €833,590
- Gross operating margin -€174,311
down €174,311 (-32.4%), from €537,991 to €363,680
- Taxes -€58,359
down €58,359 (-57.9%), from €100,854 to €42,495
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 | €3,690,141 | €3,661,907 | -€28,234 | -0.8% |
| Fixed assets | 21/28 | €2,764,659 | €2,619,997 | -€144,662 | -5.2% |
| Tangible fixed assets | 22/27 | €2,764,659 | €2,619,997 | -€144,662 | -5.2% |
| Land and buildings | 22 | €2,710,709 | €2,582,517 | -€128,192 | -4.7% |
| Furniture and vehicles | 24 | €22,542 | €9,164 | -€13,379 | -59.3% |
| Other tangible fixed assets | 26 | €31,407 | €28,316 | -€3,091 | -9.8% |
| Current assets | 29/58 | €925,482 | €1,041,910 | +€116,428 | +12.6% |
| Amounts receivable within one year | 40/41 | €856,396 | €897,968 | +€41,572 | +4.9% |
| Trade receivables | 40 | €282,670 | €283,623 | +€953 | +0.3% |
| Other amounts receivable | 41 | €573,726 | €614,345 | +€40,620 | +7.1% |
| Cash at bank and in hand | 54/58 | €61,833 | €137,056 | +€75,224 | +122% |
| Deferred charges and accrued income | 490/1 | €7,253 | €6,885 | -€368 | -5.1% |
| Total equity and liabilities | 10/49 | €3,690,141 | €3,661,907 | -€28,234 | -0.8% |
| Equity | 10/15 | €1,230,343 | €1,320,596 | +€90,253 | +7.3% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €1,050,343 | €1,140,596 | +€90,253 | +8.6% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €1,037,343 | €1,127,596 | +€90,253 | +8.7% |
| Amounts payable | 17/49 | €2,459,798 | €2,341,311 | -€118,487 | -4.8% |
| Amounts payable after more than one year | 17 | €1,443,046 | €1,261,809 | -€181,238 | -12.6% |
| Financial debts | 170/4 | €626,046 | €444,809 | -€181,238 | -28.9% |
| Other amounts payable | 178/9 | €817,000 | €817,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,016,156 | €1,079,502 | +€63,346 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €182,359 | €183,111 | +€752 | +0.4% |
| Trade debts | 44 | €0 | €732 | +€732 | |
| Suppliers | 440/4 | €0 | €732 | +€732 | |
| Advances received on contracts in progress | 46 | €3,176 | €2,374 | -€801 | -25.2% |
| Taxes, remuneration and social security | 45 | €56,525 | €59,695 | +€3,171 | +5.6% |
| Taxes | 450/3 | €56,525 | €59,695 | +€3,171 | +5.6% |
| Other amounts payable | 47/48 | €774,097 | €833,590 | +€59,493 | +7.7% |
| Accrued charges and deferred income | 492/3 | €595 | €0 | -€595 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,662 | €144,662 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,699 | €0 | -€1,699 | -100% |
| Other operating charges | 640/8 | €23,514 | €26,970 | +€3,456 | +14.7% |
| Gross operating margin | 9900 | €537,991 | €363,680 | -€174,311 | -32.4% |
| Operating profit (loss) | 9901 | €368,115 | €192,047 | -€176,068 | -47.8% |
| Financial income | 75/76B | €44,563 | €40,620 | -€3,943 | -8.8% |
| Recurring financial income | 75 | €44,563 | €40,620 | -€3,943 | -8.8% |
| Financial charges | 65/66B | €96,618 | €99,919 | +€3,301 | +3.4% |
| Recurring financial charges | 65 | €96,618 | €99,919 | +€3,301 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €316,060 | €132,748 | -€183,312 | -58.0% |
| Income taxes | 67/77 | €100,854 | €42,495 | -€58,359 | -57.9% |
| Profit (loss) for the period | 9904 | €215,206 | €90,253 | -€124,953 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €215,206 | €90,253 | -€124,953 | -58.1% |
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 28 October 2026 via checked.be.