Vanhoutte Jens: 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 Jens
Largest movements
- Cash +€67,376
up €67,376 (+60.4%), from €111,472 to €178,848
mainly Net result for the year (+€103,636) and Depreciation (+€20,389)
- Receivables within one year +€30,194
up €30,194 (+57.9%), from €52,176 to €82,370
of which Trade receivables: +€36,279
- Stocks and contracts +€5,637
up €5,637 (+51.3%), from €10,983 to €16,620
- Reserves +€103,636
up €103,636 (+63.3%), from €163,715 to €267,352
- Other debts +€13,180
up €13,180 (+25.2%), from €52,352 to €65,532
- Trade debts -€10,352
down €10,352 (-35.1%), from €29,483 to €19,130
- Debts after one year -€9,194
down €9,194 (-5.6%), from €163,293 to €154,099
- Gross operating margin +€50,072
up €50,072 (+43.4%), from €115,484 to €165,556
- Depreciation +€8,666
up €8,666 (+73.9%), from €11,723 to €20,389
- Financial charges +€7,691
up €7,691 (+257%), from €2,994 to €10,685
- Taxes +€3,999
up €3,999 (+15.7%), from €25,516 to €29,515
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 | €427,897 | €526,428 | +€98,531 | +23.0% |
| Fixed assets | 21/28 | €252,589 | €247,843 | -€4,747 | -1.9% |
| Tangible fixed assets | 22/27 | €248,589 | €243,843 | -€4,747 | -1.9% |
| Land and buildings | 22 | €21,979 | €20,853 | -€1,126 | -5.1% |
| Plant, machinery and equipment | 23 | €3,518 | €13,046 | +€9,528 | +271% |
| Furniture and vehicles | 24 | €795 | €428 | -€367 | -46.2% |
| Other tangible fixed assets | 26 | €222,298 | €209,516 | -€12,782 | -5.7% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €175,308 | €278,585 | +€103,278 | +58.9% |
| Stocks and contracts in progress | 3 | €10,983 | €16,620 | +€5,637 | +51.3% |
| Stocks | 30/36 | €10,983 | €16,620 | +€5,637 | +51.3% |
| Amounts receivable within one year | 40/41 | €52,176 | €82,370 | +€30,194 | +57.9% |
| Trade receivables | 40 | €33,236 | €69,515 | +€36,279 | +109% |
| Other amounts receivable | 41 | €18,940 | €12,855 | -€6,085 | -32.1% |
| Cash at bank and in hand | 54/58 | €111,472 | €178,848 | +€67,376 | +60.4% |
| Deferred charges and accrued income | 490/1 | €677 | €748 | +€71 | +10.5% |
| Total equity and liabilities | 10/49 | €427,897 | €526,428 | +€98,531 | +23.0% |
| Equity | 10/15 | €173,715 | €277,352 | +€103,636 | +59.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €163,715 | €267,352 | +€103,636 | +63.3% |
| Distributable reserves | 133 | €163,715 | €267,352 | +€103,636 | +63.3% |
| Amounts payable | 17/49 | €254,182 | €249,077 | -€5,105 | -2.0% |
| Amounts payable after more than one year | 17 | €163,293 | €154,099 | -€9,194 | -5.6% |
| Financial debts | 170/4 | €163,293 | €154,099 | -€9,194 | -5.6% |
| Amounts payable within one year | 42/48 | €90,673 | €94,978 | +€4,305 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €8,838 | €9,194 | +€356 | +4.0% |
| Trade debts | 44 | €29,483 | €19,130 | -€10,352 | -35.1% |
| Suppliers | 440/4 | €29,483 | €19,130 | -€10,352 | -35.1% |
| Taxes, remuneration and social security | 45 | €0 | €1,122 | +€1,122 | |
| Taxes | 450/3 | €0 | €1,122 | +€1,122 | |
| Other amounts payable | 47/48 | €52,352 | €65,532 | +€13,180 | +25.2% |
| Accrued charges and deferred income | 492/3 | €216 | €0 | -€216 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,723 | €20,389 | +€8,666 | +73.9% |
| Other operating charges | 640/8 | €2,921 | €1,331 | -€1,590 | -54.4% |
| Gross operating margin | 9900 | €115,484 | €165,556 | +€50,072 | +43.4% |
| Operating profit (loss) | 9901 | €100,839 | €143,836 | +€42,997 | +42.6% |
| Financial income | 75/76B | €20 | €1 | -€19 | -94.3% |
| Recurring financial income | 75 | €20 | €1 | -€19 | -94.3% |
| Financial charges | 65/66B | €2,994 | €10,685 | +€7,691 | +257% |
| Recurring financial charges | 65 | €2,994 | €10,685 | +€7,691 | +257% |
| Profit (loss) for the period before taxes | 9903 | €97,865 | €133,151 | +€35,286 | +36.1% |
| Income taxes | 67/77 | €25,516 | €29,515 | +€3,999 | +15.7% |
| Profit (loss) for the period | 9904 | €72,349 | €103,636 | +€31,288 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,349 | €103,636 | +€31,288 | +43.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.